Proving the Business Case for the Internet of Things

Arm makes IoT predictions for 2019

Steve Rogerson
December 12, 2018
 
Chip design company Arm has made its IoT predictions for 2019 based on a survey of technology experts and futurists. The predictions span IoT within intelligent homes, personalised delivery and healthcare as well as smart cities and buildings. 
 
In addition to the predictions, an Arm sponsored global survey of 2000 consumers by research firm Northstar found some interesting consumer insight on 2018 technology trends and 2019 consumer expectations. 
 
The IoT predictions for 2019 are:

  1. Intelligent home goes mainstream: Expect an uptick in the availability of IoT home products with the expansion of products available to consumers from mainstream household brands, expanding past leading consumer brands and whitegoods to encompass mainstream lighting, irrigation, heating, cooling and other household names, bringing increased automation and efficiency to everyday tasks. 
  2. Personalised delivery: There will be increasing flexibility in delivery options. The combination of smartphones with GPS positioning data, and the increased deployment of low-cost sensors to provide visibility and tracking of assets could allow delivery to customers anywhere, not just at specified hardcoded locations such as a home or office.
  3. Better healthcare service: The deployment of sensors and better connectivity in hospitals will mean hospital personnel will have real-time visibility into the location of their equipment and orders, bringing a better quality of service to patients and, importantly, reducing the time to find critical medical equipment.
  4. Smart cities look to improve revenue streams and citizen engagement: Expect drivers for smart cities to mature from just cost reductions (for example LED lights or better waste management) to better citizen engagement and more revenue streams, such as red light violation detection, wifi hotspots, 5G services, smart towers, crime detection and analysis, and information broadcast, with the help of technologies such as computer vision and machine learning.
  5. Smart buildings move actively towards the 300 of the 3-30-300 equation: JLL’s rule of thumb is for every $3 per square feet you spend on energy, the building owner or operator spends $30 per square feet for rent and $300 per square feet on employees, such as salaries, benefits and so on. Expect buildings to now take energy efficiencies from optimised HVAC and efficient lighting as table stakes. Smart buildings will increasingly move towards space optimisation, object detection for safety and security, wayfinding and asset tracking, with the help of technologies such as locationing, computer vision and machine learning.
The top five consumer survey results are:
  1. The past 12 months have seen a general increase in technology adoption. A global average of 66 per cent of respondents claiming technology had become “more a part of my life” in 2018, and just three per cent saying it was less important than a year ago.
  2. The rapidly-rising quantity and quality of smart technology products is likely to drive a credit-card spree this holiday. More than half of people (54 per cent) are expecting to spend more on tech-based gifts. Almost one in five (18 per cent) of people said they would spend a lot more than last year and a further 36 per cent are looking to spend a bit more.
  3. The public also foresees AI spreading rapidly in the next 12 months with 92 per cent of people expecting AI to be more widespread than it is currently.
  4. The main reason to love (26 per cent) or like (37 per cent) smart technology in cities is convenience. A fifth of respondents appreciated what it was doing for their city experience. Many (15 per cent) also cited “quality of life” with one in ten (11 per cent) stating they feel a smart technology upgrade was the modern or progressive thing to do. 
  5. Opinion is split over whether companies are taking improvements in data security and privacy seriously. Less than a tenth feel companies are making no effort at all, but the majority (70 per cent) of respondents want to see this effort increase in the future.