Technology, in a simple definition, can make our work and lives more comfortable. It is a powerful tool that can change our lives in the blink of an eye. Improving it benefits people all around the world. As we all know, technology is the connecting bridge that unites us all. Gaps are no longer massive, and communications are widely accessible.
Today, the uprising of IoT or Internet of Things gives us many choices on how we can manage our day to day tasks. Internet of Things is a thing since the early ’90s but was never really popular until today. IoT provides data that was processed to deliver useful insights for your business. It can be considered as one of the vast opportunity a company can have. There is no surprise if a business industry focuses on this type of technology to help them with their product sales and services.
IoT has three categories based on usage and clients. One of the main types is Consumer IoT.
What is Consumer IoT?
Consumer IoT refers to your devices. A perfect example of a Consumer IoT is a Smartphone. Next on the list are the trendy smart home appliances, which can be connected to the internet to share and collect data. Lastly, intelligent printers that are capable of sharing and receiving data through Wi-Fi. These are some Consumer IoT or CIoT examples.
Consumer IoT Helps In Connecting the World and Changing the Future
In the year 2017, statistics of 27 billion devices were connected in IoT and was already worth by $170 billion. It will probably continue to increase to $561 billion in 2022. It is also expected to grow up to 125 billion devices in the year 2030. Such promising results can demand cheaper, faster, and more secure hardware and software. Solutions needed by consumers can be laid out easily by Artificial Intelligence, Cloud, and Blockchain. A transformation like this can surely help build and shape our future to be better.
Consumer IoT Keeps on Progressing
There is no wasted time for technology. It was always progressing and improving to meet the standards and new capabilities for the people to benefit. IoT devices can help remove digital and physical barriers. It acts as an interface to everything that was connected to IoT, starting from your car to your own home.
Booming with popularity, the Internet of Things is considered as one of the business platforms that can change the success story of your business. Business tycoons try and dive to this IoT to explore such amazing technology. Reaching people with IoT is so comfortable that they don’t need any people to monitor how their business is progressing.
Consumer IoT’s primary goal is to produce and improve smart devices that can change the way we see our technology. Improving such tools can expand our knowledge and build new ideas on how to develop our business. Thus, one thing is for sure; a new smart device is equivalent to a unique business opportunity. Internet of Things is exceptionally amazing and will continue to improve until there is no room for any improvement.