How many more connected gadgets have appeared in your home this year? IoT is expanding at a phenomenal rate. Vehicles, wearable gadgets, RFID sensors and software are advancing past basic functionality and the network is growing to include even more advancements. 2019 will see such advancements becoming even more commonplace in the home, in businesses and on the road. So, what are some of the things that we can look forward to over the course of 2019? Specifically, what things will have a significant impact on IoT over the coming year?
Will 5G save the day?
There are billions of devices that are connected to the Internet that are used for daily tasks (the total number of connected devices is much bigger). When you talk about the IoT market and connectivity statistics then we are talking about numbers in the Billions range.
In 2019, there will likely be a bigger push for 5G connectivity —adding another lane to a very busy web highway to handle the increase in devices. More data and more traffic makes for a very congested connected internet. There is also edge computing to consider. Data from IoT devices will be stored closer to the source—taking business from data centres. To combat this, data centres and edge computing will need to work in harmony.
However, all this forecasted growth could slow reflecting the massive lead times in capacitors and batteries (40+ weeks in some cases). Electronics manufacturing industry players don’t expect to see much relief until mid-2019, and some think that shortages will last well into 2020. Leading passives suppliers in the industry will need to meet supply challenges and help their customers to stay up-and-running.
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