In today’s era, it is not oil that is conquering the market but the volume of data in precise amount and of good quality. The data market, no doubt is suffering from issues related to security, hacking, and protection from any anonymous usage. Is the 4th Industrial revolution an important aspect of new technologies?
However, the market of IoT has been shaped with such a huge amount of data as well as the 4th industrial revolution is also reshaped resulting in an independent market with more accurate results.
In the medical sector, the data of the diagnosed patient helps not only storing information about that particular person but also curing and treatment for other patients. And provide a solution with better reports to analyze any other patients. It is faster and quicker.
Also, the major solution in neurology can be seen where the neuron department is finding out a solution with a sensor to be implanted in the body for treatment purposes. A project started by Elon Musk Neuralink providing the right path for any sort of treatment.
The use of IoT no doubt occupied the sectors like Autonomous vehicles, the manufacturing industry, or robotic process machines. The use of integrated message to be stored in the chips are a valuable way of providing information also with time it can be seen that the demand is increasing.
The use of IoT can be seen in agricultural fields in maintaining and harvesting crops or yielding them properly. The drones are used on a regular basis for a proper check. The cyber-physical system is also helping to change or recharge the industry.
The information or the data being passed on between two or different machines are becoming important and also need to in stringent security and in a very safe manner, it is being transferred among the machines.
Source:- Statista