Trending things in IoT market:
Internet of Things (IoT) is an additional development to the already existing models as in the previous article we read about the Smart Watches.
Watches already existed but the smart watches proved the additional communication with the help of overall data, analytics and intelligence boundaries.
Therefore IoT managed to create device which overall combines a fitness monitor, a smart phone and a watch all inside one.
Similarly the other vestures are the smart trackers, hearable and smart glasses.
The overall accurate data processing of these devices sometimes bring to peoples mind on how this will be of exceptional values to each one’s life.
In such a way IoT Vestures became one of the best and most customer demanded feature in the field of IoT (IoT Space)& its markets.
It brought a transformation to business all overall world.
According to Les William in his article pointed out each driving technologies which are as follows:
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Wearable Technologies:
Image credit: anandtech
We have discussed on the previous articles about the variety of wearable devices such as Apple Watch, also about the various companies & developers as Samsung, Google, Jawbone, Adidas, Pebble, Motorola are few of them in specific.
More than 485 million units of shipments of wearable devices are expected by 2018.
From Google Glass and Apple iWatch to fitness bands and patient vital sign monitors, the body area networks (wearable, patchable, or implantable devices connected to your smart phone or tablet, or a more specialized device such as a hospital patient monitor, neuro-stimulator or sleep apnea system) these devices will inhabit present fewer development obstacles and lower infrastructure costs than larger networks.
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Smart Devices & Associated Technologies including miniaturizing the device:
Image credit: OpenIcons/Pixabay
As the smart technology is attracting the customers with its lot of beneficial advantage that includes the ultra-low power processors, accurate, low-cost, ultra-low power mobile sensors, and low-power wireless connectivity.
Developments in integrated circuit fabrication and packaging enables effective wireless sensor packages – including processor, sensor, network device, and power source – as small as a cubic millimeter in volume.
These can be easily integrated with tiny microchips in wearable devices and enables instant interoperability, profile management, data collection, notifications, security, and other features. Scalable backend functionality is also provided to ensure loss-free communication between wearable devices and to connect them with data analytics and visualization tools.
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Cloud Computing & Big Data:
Cloud computing and Big Data analytics are now somewhat matured and in a steady state of adoption. More so, they make it possible to analyze data from enormous sensor arrays.
Conversely, they influence the increasing demand for wireless sensors with their development of new sensor applications that are made readily available for the IoT space (market). The combined rise of cloud, analytics, and social media creates fertile grounds for a thriving IoT landscape.
See also: Where Are You on the IoT Curve? Market Curve for the IoT Companies
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