1.4 Review of Various IoT Application Domain
1.4 Review of Various IoT Application Domain
1.4 Review of Various IoT Application Domain
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By enabling easy access to, and interaction with, a wide variety of physical devices or
things such as vehicles, machines, medical sensors, and more, IoT facilitates the
development of applications in many different domains. The following diagram
highlights the key application domains of IoT.
These include healthcare, industrial automation (that is, Industry 4.0), energy
management and smart grids, transportation, smart infrastructure (such as the smart
home and the smart city), retail, and many other areas that will transform our lives and
societies for the better. These applications will have a global economic impact of $4 to
$11 trillion per year by 2025
The key contributors (in order of their predicted contribution) of this quantity
of money include the following:
By now I assume, most of you must have heard about the term Smart City.
The hypothesis of the optimized traffic system I mentioned earlier, is one of the many
aspects that constitute a smart city.
The thing about the smart city concept is that it’s very specific to a city. The problems
faced in Mumbai are very different than those in Delhi. The problems in Hong Kong are
different from New York.
Even global issues, like finite clean drinking water, deteriorating air quality and
increasing urban density, occur in different intensities across cities. Hence, they affect
each city differently.
IoT applications can turn reactive medical-based systems into proactive wellness-based systems.
The resources that current medical research uses, lack critical real-world information. It mostly uses
leftover data, controlled environments, and volunteers for medical examination. IoT opens ways to a
sea of valuable data through analysis, real-time field data, and testing.
The Internet of Things also improves the current devices in power, precision, and availability. IoT
focuses on creating systems rather than just equipment.
Imagine an intelligent device such as a traffic camera. The camera can monitor the
streets for traffic congestion, accidents, weather conditions, and communicate this data
to a common gateway. This gateway also receives data from other such cameras and
relays the information further to a city-wide traffic monitoring system.