{"id":4389,"date":"2023-04-04T17:07:46","date_gmt":"2023-04-04T17:07:46","guid":{"rendered":"https:\/\/www.kiwitech.com\/blog\/?p=4389"},"modified":"2023-04-05T07:47:09","modified_gmt":"2023-04-05T07:47:09","slug":"top-iot-trends-to-watch-for-in-2023","status":"publish","type":"post","link":"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/","title":{"rendered":"<strong>Top IoT Trends to Watch for in 2023<\/strong>"},"content":{"rendered":"\n<p>The Internet of Things (IoT) describes the proliferation of physical objects connected to the internet and capable of communicating and sharing information with us and each other. IoT devices include smartphones, industrial sensors, smart home appliances, smart cars and accessories.<\/p>\n\n\n\n<p>As per the latest <a href=\"https:\/\/iot-analytics.com\/product\/state-of-iot-spring-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">State of IoT \u2013 Spring report 2022<\/a>, IoT connections only grew by 8 percent in 2021 to reach 12.2 billion active endpoints due to the recent chip shortage. Once chip supply increases and IoT growth accelerates, there will be 27 billion active IoT devices by 2025.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.researchandmarkets.com\/reports\/5696853\/global-connected-devices-analytics-market-2023?utm_source=GNOM&amp;utm_medium=PressRelease&amp;utm_code=268dqc&amp;utm_campaign=1830613+-+Global+Connected+Devices+Analytics+Market+Report+2023-2028%3a+Increasing+Focus+on+Remote+Monitoring+in+Support+of+Work+from+Home+Initiatives+Drives+Growth&amp;utm_exec=como322prd\" target=\"_blank\" rel=\"noreferrer noopener\">Global Connected Devices Analytics Market report<\/a> estimates the market to be USD 22.16 billion in 2023 and reach USD 60.48 billion by 2028, growing at a CAGR of 22.24 percent.&nbsp;<\/p>\n\n\n\n<p>IoT devices continue to share, collect and store data to help inform decisions across industries and use cases. Let\u2019s look at the top Internet of Things trends in 2023.<\/p>\n\n\n\n<p><strong>Related: <\/strong><a href=\"https:\/\/www.kiwitech.com\/blog\/how-iot-is-optimizing-supply-chains-for-efficiency-accuracy\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>How IoT is Optimizing Supply Chains for Efficiency and Accuracy<\/strong><\/a><\/p>\n\n\n\n<h3><strong>Top IoT Trends<\/strong><\/h3>\n\n\n\n<ul>\n<li><strong>Digital Twins and Simulations for Web3<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The Internet of Things technology will be a primary driver of the metaverse as IoT devices bridge the physical and digital reality. The immersive version of the internet will rely upon IoT devices to let users access virtual shops, stores, businesses and houses through their digital avatars.<\/p>\n\n\n\n<p>Web3 will simulate real-life experiences using an interconnection of IoT architecture and data analytics built on cloud technologies. For instance, a gaming application in Web3 will not only offer a visual and audio experience but might also increase a user\u2019s heart rate or make them feel the gush of air on their skin.<\/p>\n\n\n\n<p>Simulated environments have plenty of other use cases in the metaverse, such as learning and development, research, disaster management, etc.&nbsp;<\/p>\n\n\n\n<p>&nbsp;Digital twins of office spaces, manufacturing units and showrooms in Web3 will help businesses market their services\/products in an immersive and digital ecosystem. Retail stores can use IoT data to customize store plans in real-time to reflect user behavior and interests. The opportunities are endless with IoT in Web3.<\/p>\n\n\n\n<p><strong>Related: <\/strong><a href=\"https:\/\/www.kiwitech.com\/blog\/how-deep-tech-startups-can-tackle-specific-manufacturing-problems-with-iot\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>How Deep Tech Startups Can Tackle Specific Manufacturing Problems with IoT<\/strong><\/a><\/p>\n\n\n\n<ul>\n<li><strong>IoT Cybersecurity&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.verkada.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Verkada<\/a>, an online video surveillance service, was hacked in March 2021. Hackers accessed the private information of Verkada\u2019s clients and live feeds from 150,000 cameras installed in factories, schools, prisons, hospitals and other sites using admin account credentials from the internet.<\/p>\n\n\n\n<p>A subsequent investigation discovered that over 100 Verkada employees had super admin privileges, lending them access to customer cameras and creating cyber risk.<\/p>\n\n\n\n<p>IoT cybersecurity is a top trend as devices become increasingly inexpensive, accessible and forgotten. Zero trust architectures are necessary as they take infrastructure perimeter to its furthest end when a user, application, device or API tries to access a network.<\/p>\n\n\n\n<p>The right cybersecurity solutions classify IoT devices, build risk profiles, assign them to IoT device groups, apply policies and enable monitoring, inspection and regulation based on network activity.<\/p>\n\n\n\n<p><strong>Related: <\/strong><a href=\"https:\/\/www.kiwitech.com\/blog\/internet-of-things-and-cybersecurity-challenges-and-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Internet of Things and Cybersecurity- Challenges and Best Practices<\/strong><\/a><\/p>\n\n\n\n<ul>\n<li><strong>IoT in Healthcare&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The global internet of things in healthcare market is expected to reach USD 861.3 billion by 2030 after growing at a CAGR of 16.8 percent between 2023 and 2030, as per <a href=\"https:\/\/www.grandviewresearch.com\/press-release\/global-iot-in-healthcare-market\" target=\"_blank\" rel=\"noreferrer noopener\">Grand View Research<\/a>.<\/p>\n\n\n\n<p>Here\u2019s how IoT plays a role in healthcare\u2019s various facets-<\/p>\n\n\n\n<ul>\n<li><strong>For patients<\/strong> &#8211; IoT can help the healthcare industry shift from fee-for-service to a value-based model and provide effective healthcare outcomes at reasonable costs. Patients can play an active part in their healthcare journey through self-monitoring and diagnosis using connected wearables. IoT also makes healthcare services accessible to underserved populations and geographies.<\/li>\n\n\n\n<li><strong>For practitioners<\/strong> &#8211; Physicians can track patients\u2019 health- monitor adherence to and impact of treatment plans with remote patient monitoring using wearables. IoT also enables practitioners to act promptly at any deviation from usual, triggering early intervention and enabling better outcomes.<\/li>\n\n\n\n<li><strong>For healthcare organizations<\/strong> &#8211; Besides providing valuable healthcare outcomes to patients, hospitals can use IoT to track medical equipment in real-time, deploy staff at various locations, track hospital hygiene, manage pharmacy inventory, assign practitioners to patients and control the environment within premises.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>IoT Governance and Regulation<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Accelerating IoT adoption, persistent security threats and the high sensitivity of IoT data create the need for regulatory actions. While legislators have fallen behind innovation historically, IoT regulations and governance have matured in due time.<\/p>\n\n\n\n<p>The US signed the IoT Cybersecurity Improvement Act of 2020 on December 4, 2020, giving the National Institute of Standards and Technology (NIST) authority to manage IoT security risks for devices the federal government acquires.<\/p>\n\n\n\n<p>The Cybersecurity Act came into force on June 27, 2019, in the UK and the EU and empowered the European Union Agency for Network and Information Security (ENISA) mandate to help member states address cybersecurity threats.<\/p>\n\n\n\n<p>Post-Brexit, the UK proposed IoT Cybersecurity Law in January 2020 to shift the responsibility of security away from consumers and toward device makers.<\/p>\n\n\n\n<p>In 2023, the EU is to introduce strict IoT security regulation, which Reuters reports is titled the <a href=\"https:\/\/www.itpro.co.uk\/business\/policy-legislation\/369036\/eu-to-introduce-strict-iot-security-regulation\" target=\"_blank\" rel=\"noreferrer noopener\">Cyber Resilience Act<\/a>. Once signed into law, smart device manufacturers will need to review their products\u2019 risk profiles and fix any discovered vulnerabilities. And, companies will need to notify the ENISA within 24 hours of threat discovery.<\/p>\n\n\n\n<p><strong>Related: <\/strong><a href=\"https:\/\/www.kiwitech.com\/blog\/what-startups-need-to-know-before-investing-in-iot\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>What Startups Need to Know Before Investing in IoT<\/strong><\/a><\/p>\n\n\n\n<p><em>The Internet of Things is driving the future of business and living, and 2023 will move the industry forward in meaningful ways. For mentorship, resources and support to grow your IoT idea into a flourishing business, reach out to us at <a href=\"https:\/\/www.kiwitech.com\/startup-program\" target=\"_blank\" rel=\"noreferrer noopener\">KiwiTech<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internet of Things (IoT) describes the proliferation of physical objects connected to the internet and capable of communicating and sharing information with us and each other. IoT devices include smartphones, industrial sensors, smart home appliances, smart cars and accessories. As per the latest State of IoT \u2013 Spring report 2022, IoT connections only grew [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[572],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top IoT Trends to Watch for in 2023 - KiwiTech<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top IoT Trends to Watch for in 2023 - KiwiTech\" \/>\n<meta property=\"og:description\" content=\"The Internet of Things (IoT) describes the proliferation of physical objects connected to the internet and capable of communicating and sharing information with us and each other. 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As per the latest State of IoT \u2013 Spring report 2022, IoT connections only grew [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"KiwiTech\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-04T17:07:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-05T07:47:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kiwitech.com\/blog\/wp-content\/uploads\/2023\/04\/Top-IoT-Trends-to-Watch-for-in-2023.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/\"},\"author\":{\"name\":\"Admin\",\"@id\":\"https:\/\/www.kiwitech.com\/blog\/#\/schema\/person\/cc67f5b25de974850fec8d97fcdb1ac5\"},\"headline\":\"Top IoT Trends to Watch for in 2023\",\"datePublished\":\"2023-04-04T17:07:46+00:00\",\"dateModified\":\"2023-04-05T07:47:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/\"},\"wordCount\":904,\"publisher\":{\"@id\":\"https:\/\/www.kiwitech.com\/blog\/#organization\"},\"articleSection\":[\"Internet of Things\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/\",\"url\":\"https:\/\/www.kiwitech.com\/blog\/top-iot-trends-to-watch-for-in-2023\/\",\"name\":\"Top IoT Trends to Watch for in 2023 - 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