5 Industries That Will Be Impacted By IoT In The Upcoming Years

Forbes October 17, 2024
Ashok Manoharan

Ashok Manoharan, Founder/CTO FocusLabs.

The Internet of Things (IoT) is not something remote anymore, it has changed in one form or another. In most industries, from healthcare to manufacturing, IoT reshapes business operation models. Seventy-five billion IoT-connected devices are expected by the year 2025.

Here’s a look at how IoT is changing these industries and what leaders will want to keep an eye on in the future.

1. Manufacturing

There are compelling advancements associated with IoT that liberate the manufacturing sector. The manufacturers attach smart sensors to the machines and improve efficiency while minimizing some repair work. This is one of the key areas of IoT technologies that involves predicting difficulties facing some assets and performing maintenance on them before...

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