IoT Market

1. IoT implementation to Improve Overall Experience like Never Before Internet of things (IoT) has been proving itself as a boon to the world. It is one of the most innovative and useful developments by the mankind. Advancements in technology have been proven beneficial and the implementation has been grown in different applications. One of the essential benefits is improvement of overall experience. From providing customer support, streamlining manufacturing processes, and increasing uptime to availing feedback of the products or service, IoT can be utilized in many ways to gain essential insights, improve efficiency, and strengthening relationship with customers. Many industries such as logistics, manufacturing, agriculture, and others have been implementing IoT technology to improve overall experience. The implementation would increase in the coming years. According to the report published by Allied Market Research, the global internet of things (IoT) market is expected to grow significantly by 2030. Following are some of the ways in which IoT technology would help in transforming the overall experience in various industries. Manufacturing processes: IoT devices, systems, and machineries are helpful for manufacturing plant owner and operators in keeping the assembly lines moving. This plays a crucial role in improving overall efficiency of production. These machineries can send signals regarding its service & part failures and offer insights on its overall usage. This data play a crucial role in determining the role of the parts and machineries and taking necessary measures to improve overall functioning. This also improves reliability and efficiency of production processes. The sensors installed at various parts of the machineries would track overall performance, hours in service, and outputs. These insights can be gathered and steps to improve these parameters can be taken. Logistics: Tracking the order is a feature offered by every ecommerce business that allows people to shop on their websites. Only it improves overall online shopping experience but also allows business owners and executives in determining the weak links in the process of logistics. Through this data, they can take necessary measures to improve the overall processes. New devices and barcodes have been utilized to track the order along the supply chain. Logistics players increased their investments in technology to offer better experience to their clients. Moreover, different IoT sensors are installed on containers and

2. essential insights are gained. These insights offer data on temperature, humidity, and lighting in the containers. This would help in maintaining safety of the products. Agriculture: IoT sensors can be installed on the field to gain insights on different conditions such as soil moisture, crop health, phosphorous contents, and others. The labor-intensive tasks can be automated with the help of IoT technology. The insights gained from these sensors can be used to improve overall crop yield. Moreover, it minimizes the efforts of farmers. Through the usage of mobile applications, farmers can avail different insights and take necessary actions such as changing irrigation parameters, manage quantity of fertilizers, and others. Acquiring real-time data and insights are possible for farmers and the agriculture industry has been taking advantages of technology to improve overall farming experience. Author Bio - Pratik Kirve is writer, blogger, and sport enthusiast. He holds a bachelor degree in Electronics and Telecommunication Engineering, and is currently working as a Team Lead - Content Writing at Allied Market Research. He has avid interest in writing news articles across different verticals. When he is not following updates and trends, he spends his time reading, writing poetry, and playing football. He can be reached at pratik.kirve@alliedmarketresearch.net LinkedIn - https://www.linkedin.com/in/pratik-kirve-8213b284/