Here given lists top IoT trends and predictions for the year 2020 that will empower digital transformation in different industries.

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INTERNET OF
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2. Emerging IoT Trends to
watch Out in 2020
Internet of Things (IoT) solutions is empowering complete digital
transformation in several industries, enabling to optimize existing
processes and excel at pursuing new business models and
methodologies. Several businesses are utilizing IoT solutions and
services to improve customer services through remote monitoring.
The Internet of Things will be no different from markets disrupted by
the Internet — except that the change will be across a far broader set
of companies. Internet Of Things Companies are businesses with the
digitization of physical assets and involves almost every company.
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3. Emerging IoT Trends to
watch Out in 2020
Many large companies assume that they have plenty of time to take
a plunge into the IoT world, or that they are too big for the change
to significantly impact their businesses. However, this conception is
all set to change.
As the IoT grows in importance — Gartner predicts the number
of connected devices is likely to reach 14.2 billion in 2019 and will
continue to grow up to 25 billion by 2021 — increasing formerly
human-run processes that will be automated using algorithms in
diverse areas such as data ownership, privacy, and regulatory
compliance.
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4. Top IoT Trends for 2020
and Beyond
We’re excited to see how it will enable new and innovative use
cases in areas like autonomous vehicles and Industrial IoT.
Rise of IoT Security
Era of Automation
Dawn of 5G
Intelligent Home goes Mainstream
Energy Efficient Buildings
Edge Computing
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5. 1. Rise of IoT Security
Enterprises are now focused on staying connected and
making IoT a core element of digital transformation strategies. This
is resulting in increased demand for IoT security solutions to
protect from growing number of IoT cyberattacks seeking to
access crucial and sensitive data stored on IoT devices.
The future of IoT will be all about launching new IoT specific
solutions aimed to create a secure ecosystem, including IoT security-
as-a-service offerings which result in simplifying AI-powered
technologies to identify any suspicious or abnormal device or
application allowing enterprise to respond to attack in an efficient
manner.
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6. 2. Era of Automation
IoT application platforms continue to grow leveraging the value of
aggregate data, bringing together disparate device types and
analytics to quickly build scalable solutions. Modern IoT
platforms will allow new applications can be rapidly developed and
deployed. All the collected information is stored in a shared data
repository with sophisticated permissions and access management,
and data scientists can easily ask new questions integrating multiple
existing systems. This simplicity will allow new opportunities for
innovation and optimization.
Real-time updates of the operations, process, and the machine
health is now integrated onto a single dashboard, helping people in
the factory to access the information and make decisions faster.
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7. 3. Dawn of 5G
It is now the era of 5G, one of the most anticipated technology
trends in the industry is 5G and how the Internet of Things will be
enhanced by wider deployments of 5G networks around the globe.
This new technology is opening up new possibilities for IoT
supporting interconnected world which will further drive IoT
innovation. The new era of 5G will allow gathering, managing, and
analyzing data in real-time.
The list of industries ready to take the leap and help businesses to
the next level with 5G is finally becoming available and is long. The
industries include manufacturing, logistics software solutions, public
safety/emergency and smart cities.
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8. 4. Intelligent Home goes
Mainstream
The year 2020 will see intelligent and smart home goes mainstream.
The rapidly increasing ecosystem of smart home products available
to consumers from mainstream household brands. Automation and
connected devices will be deeply integrated into routine tasks and
will encompass lighting, heating, cooling, and other household
processes.
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9. 5. Energy Efficient
Buildings
It is not just about energy efficient buildings will benefit from
optimized heating, ventilation and air conditioning systems, and
more efficient lighting. Smart buildings will move towards space
optimization, safety alerts, security, as well as asset tracking, with the
help of advanced technologies like location services, image
recognition vision and ML.
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10. 6. Edge Computing
Devices will become very powerful due to local data processing and
AI capabilities. It will minimize data transfer volumes, cloud
dependencies as well as provide much needed flexibility and agility
for today’s modern organizations. Edge computing will positively
affect different industries require timely and quick action based on
complex real-time data analysis such as manufacturing and public
security and where cloud connectivity may be restricted shipping
and logistics.
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