Speculating The Future of IoT – What To Expect?

21 Billion Plus IoT Devices By 2025

In 2016, more than 4.7 billion things got connected to the internet as per the IoT Analytics. Straight into 2021, the number of IoT connections augmented by 8% in 2021 to 12.2 billion active endpoints up to May 2022. By the end of 2022, the market of IoT is expected to grow by 18% to 14.4 billion active connections. The expected count in 2025 is set to become approximately 27 billion connected IoT devices.

Cybercriminals Will still Benefit By Facilitating DDoS Attacks

The world was introduced to IoT in 2016. It was detected as malware where a strain of malicious software infected connected devices like DVRs, cameras, and much more. The malware converted the affected devices into botnets facilitating a Distributed Denial of Service attack. This overwhelmed the websites with too much internet traffic. The attack flooded the largest website companies in the world and brought several major websites and businesses to a halt for nearly half an hour. This specific strain was called “open source” where the code is available to anyone to modify.

More Smart Cities

The benefit will not just be availed by the consumers, but also by the cities and companies. They are now increasingly adopting smart technologies to save money and time. The cities will now be available to remotely manage, automate, and collect data via things such as video camera surveillance systems, visitor kiosks, taxis, and bike rental stations.

AI Will Still Remain The Biggest Ever

Thermostats, smart homes, coffee makers, and lighting systems will still collect data on your daily habits and usage patterns. With voice-controlled devices, you will record your choices and store them for the cloud to use. Big data will help facilitate machine learning. With ML, the computers will know someone programming them. The computers will be programmed in the manner that they will have to focus on the data that they receive. The new data will enable the machines to learn about your preferences and will work accordingly.

More Secured and Smarter Routers

Consumer IoT devices will stay at home and will not need security software installed on them. Hence, they are prone to attacks because, during the sales, manufacturers overlook the security aspect for the purchasers. And here home routers play a bigger role by becoming the entry point of the internet inside your home.

Well, all the connected devices may not be protected, however, the router has the capacity to protect the entry points. The conventional router provides security like password protection, configuration, and firewalls. Hence, the router makers are going to continue to find out newer ways of boosting security.

5G Networks Fueling IoT Growth

There will be wireless carriers rolling out the 5G networks. The fifth-generation 5G cellular wireless network will ensure greater speed and will empower the devices making them smarter at the same time.

Quick network availability will enable data accumulation by the smart devices as they collect, analyze and manage the data to a certain level. This enables the promotion of innovation in the companies making IoT devices with an aim to boost product demand and attract more consumers.

Cars Becoming Smarter

With a 5G network, the auto industry will take a shift to a higher gear. There will be driverless cars along with the cars that get connected to the road. Cars as an IoT device are unimaginable, however, the research shows that IoT can make it possible. Also, other high-tech vehicles will be empowered with IoT.

5G Opens Privacy Concerns

When more 5G devices will connect to the 5G network through a Wi-fi router, they are more vulnerable to direct attack. The home users will face difficulty to monitor all IoT devices as they all bypass via a central router. The increasing reliance on cloud-based storage will help the attackers target new points where there are chances of breaching the regulations.

DDoS Attacks To Become More Dangerous

DDoS is the botnet-powered distributed denial of service attack that can infect all the IoT devices and can bring down all the websites. For example, there can be future attempts to weaponize IoT devices.

Stricter Legislation & Regulatory Activities

A spurt in the number of IoT devices is just a single reason for security, safety, and privacy concern. Way back in 2018, the European Union implemented the General Data Protection Regulation. The GDPR helped to frame similar security and privacy initiatives for several nations around the world. California recently passed the toughest privacy law pertaining to IoT device usage.