IoT Trends For 2023 - AI Summary

In 2023, we are seeing the IoT trend of a move into the area of higher bandwidth applications with larger volumes of data being transmitted at higher rates. And this is going to lead to a significant enlargement of the potential for the technology. We will also see a lot more companies using IoT for real-time data processing by centralized services. One of the major issues with IoT tech has been the enormity of the data sets produced. While machine learning (ML) and machine-to-machine (M2M) processing are already deployed to expedite data analysis, there is still a lag between data collection and processing/analysis in most areas. In 2023, there is going to be a greater push toward real-time analysis in a wide range of scenarios, including video. Another big trend we will see in 2023 is the growth of drone and autonomous machine applications. These are things that can conduct necessary actions autonomously by employing AI algorithms without the need for human interference or