Why IoT will Rise in Demand in 2021 Across Sectors

The year 2020 has seen rapid growth of digital transformation, and with increased connectivity, 5G and improvements in AI and machine learning, IoT extended their roots in people's lives and industries. Looking ahead to 2021 and beyond, the technology is set to be at the heart of every organisation. IoT is a technology of hope, and in 2021 few of the trends will come to the forefront, fueling its importance, right from data-intensive experiences that use IoT devices to basic health-and-safety needs.

Healthcare 

The pandemic has significantly enhanced telemedicine resources, and 43.5% of people utilized telehealth facilities in April 2020. One of telemedicine's significant benefits is that it reduces contact between patients, healthcare workers, and other patients. IoT devices help medical workers to have real-time information on patient data while they remain at home. In coming years there will be a greater need to use connected healthcare solutions to manage illnesses and monitor health. Telemedicine is expected to continue even after the pandemic is over. According to industry experts, there will also be greater interest in digital health devices among consumers due to convenience and more affordable prices, and the technology will grow $185.6 billion by 2026.

Manufacturing 

Due to the lockdown, manufacturing industry and other environments with costly machinery have experienced the virtues of remote monitoring first-hand. Remote tracking of machinery has undergone a trial in the post-pandemic era, and many organizations have now embraced these capabilities. With the help of IoT driven technology, manufacturers and pharmaceutical businesses were able to connect industrial assets this year to remote operations, ensuring business as usual during the pandemic period. The benefits and positive impact promise significant investments flowing in IoT in 2021, according to industry reports. Basis industry experts, particularly field service firms and industrial OEMs will increasingly use this technology, making connected machines continue to gain momentum in 2021.

Smart Building Technology 

The lockdown has been lifted, but the pandemic continues. Businesses have resumed a partial number of employees with critical roles, working while most of the employees still work from home until the coming year. According to an industry report in 2021, smart building technology will be focused on IoT applications for intelligent office initiatives. These initiatives will include smart lighting, energy and environmental monitoring, and sensor-enabled space utilisation and activity monitoring.