16 Jan THE INTERNET OF THINGS IS EVOLVING, AS 2024 IoT TRENDS KEYNOTE SPEAKERS REVEAL
The Internet of Things market maintains substantial expansion as more organizations and governments harness connected sensors and infrastructure. The way top futurist consultants and keynote speakers tell the tale, 2024 IoT trends include AI-powered analytics, mesh networking architectures, low-power wide-area networks and integrated cybersecurity.
Edge computing brings data processing physically closer to IoT devices rather than relying on distant cloud data centers. That allows faster insights and response times by minimizing data transmission latency. It also saves bandwidth costs while increasing reliability if cloud connectivity fails. New edge servers feature AI chips tailored for intensive algorithms required by applications like autonomous cars, AR/VR and utility automation requiring millisecond response times or terabyte throughput.
Mesh networking architectures similarly boost reliability and coverage by allowing IoT nodes to dynamically route data via optimal network paths leveraging other nearby devices as transit connection points. If one node fails or loses connectivity, mesh redistributes traffic through redundant peer-to-peer links improving resilience. Mesh efficiencies will drive mass scale sensor proliferation.
Low-power wide-area networks (LPWAN) technologies like Narrowband IoT and LTE-M also reduce power needs and costs required for cellular-based data transmission from remote IoT devices to cloud platforms. LPWANs allow cheaper, battery-powered sensors to operate years longer by efficiently sending tiny data packets over long distances using licensed or unlicensed spectra.
AI integration adds intelligence into monitoring, predictive maintenance and real-time device orchestration. Machine learning algorithms can pinpoint anomalies, classify sensor signatures, guide autonomous responses and continually optimize equipment or fleet performance. Gartner forecasts 75% of enterprises will shift from pilot to operational AI deployments across all core business processes by 2024.
Finally, the influx of connected devices and their fragile firmware with lax security expands attack surfaces. Ensuring device trust and resilient authentication is paramount to securing entire ecosystems. Hardware roots of trust provide crypto-verified device identities to establish secure handshakes with platforms. Post-quantum encryption will also future-proof IoT infrastructure as quantum computers threaten current algorithms.
Together these advances provide building blocks enabling sophisticated, dependable and intelligently automated IoT ecosystems – moving beyond point solutions towards enterprise and industrial integration at scale.