Top IOT Trends Transforming Business in 2018
Gartner predicts that there will be nearly 20 billion devices connected to the IoT by 2020 and that IoT product and service suppliers will amount to a business of $300 billion in revenue. In 2017 we saw IoT becoming a household name throughout the globe and every industry keen in implementing IoT solutions to drive the bottom line.
Businesses are now wondering what is in store for 2018? Here are a few IoT trends what will define the future of IoT Technology:
- Artificial Intelligence will be pivotal to IoT’s success.
- More emphasis will be on data security
- New innovations in the blockchain technology and other cryptocurrencies.
- SaaS market will touch $50 billion in 2018.
- Smart Cities become reality.
- 2018 will be a year of data analytics