Internet of Things (IC) is growing rapidly and by 2018 we will see fascinating things in this sector. Every year, the Internet of Things technology continues to evolve at an incredibly fast pace. Consumers and companies are anticipating what we might call the next great industrial revolution. All are prepared to assume the innovative impact of the IC in our lives, as it may be the case of holders that indicate to the user if they are eating too fast, ATMs that report crimes occurring in the surroundings or IP addresses destined to each organ of the body so doctors can connect and check their status.
eSIM, the global trainer for IoT
The eSIM is the future of the devices, not only for phones, but also for the reception of mobile connectivity in other technological solutions that a priori would not have it, such as smartwatches and other wearables. Basically, it consists of a Subscriber Identification Module (SIM for its acronym in English) that can be reprogrammed remotely without the need to physically modify it, which implies easier management for operators from the administrative and logistical point of view , as well as in the use of a single SKU in the manufacture of the devices, which will allow a simpler traceability. This creates the perfect scenario to see IoT products with global reach more often. It is anticipated that the eSIM will reach a compound annual growth rate (CAGR) of 26.3% between 2019 and 2025. But with digital SIMs, new challenges also arise, such as the need for Over-The-Air (OTA) maintenance. that allows to properly manage the devices and their connectivity, regardless of the part of the world or the environment in which they are located. The first details of the eSIM operations will begin to be seen in 2018, marking this trend.
The voice, the interface of the future
The voice assistants have matured in the last five years until reaching the maximum in their development. Now, these assistants are evolving towards things unthinkable years ago. The application in more services and its associated technology now allow smart assistants to be assigned as the only interface between a wide variety of devices. In 2018 we will see some of the fruits of this evolution, increasing the amount of connected devices that only work with the voice. A Compound Annual Growth Rate (CAGR) of 30.45% is expected in terms of voice aids devices and revenue in 2022. Its extension will also be related to financial services to provide security services with voice authentication, beyond the application in devices that are directed to the final consumer.
Artificial Intelligence and IC shake hands
The amalgam of data analysis of Internet of Things and Artificial Intelligence (AI) for applications, will grow rapidly in the next two years. The providers of platforms and services are contributing more and more solutions with integrated analytics, to introduce data directly to AI algorithms. Another important advantage that involves the use of AI is the optimization and adaptation of both the Internet of Things devices, and the processes and infrastructure related to them.
As an example, Artificial Intelligence can help IC data analysis in the following areas: data discovery and preparation, transmission data visualization, time series data accuracy, predictive and advanced analysis, geospatial data and real time localization (logistic data).
Augmented reality (AR), virtual reality (VR) and mixed reality are changing the way people perceive and interact with the digital world. Combined with conversational platforms, a fundamental change in the user’s experience towards an invisible and immersive experience will emerge. Application providers, systems software vendors and development platform vendors will compete to offer this model and win the pie.
Over the next five years, the focus will be on mixed reality, which is emerging as the experience where the user interacts with digital objects and the real world while maintaining a presence in the physical world. Mixed reality encompasses numerous elements and includes head-mounted displays (HMD) for AR or VR, as well as AR based on smartphones and tablets.
Big Data analysis continues to be a trend
In recent years, Big Data has become one of the clearest trends in all technology circles. By 2018, this will not only not decrease, but it will increase and advance towards the creation of a new and broader category of IoT services for the end user that will go beyond the wearables and current Smart Home devices. On these services will emerge new layers of value associated with data analytics. For example, for connected cars: they will use immense amounts of information collected and processed in real time that can be coordinated with urban mobility data, environmental quality data and emergency services provided by Smart Cities. According to estimates, Big Data and Business Analytics revenues will reach 210,000 million dollars in 2020, which exemplifies the growing impact of this technological concept on the future scenario.