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

Check out this infographic to check out the latest and promising IoT trends in IoT.

Top IOT Trends Transforming Business in 2018 Infographic