Pod Group predicts IoT future in 2024

Pod Group’s predictions of IoT trends in 2024 range from cyber-security enhancements to the intersection of AI, machine learning and blockchain in IoT

With the integration of IoT devices into critical systems such as smart cities, as well as the overall increase in IoT adoption across the board thanks to increased proliferation of 5G, eSIM, iSIM and satellite connectivity, the importance of stringent security measures is magnified, particularly concerning eSIM and iSIM technology and data integrity.

Ensuring robust security protocols, advanced encryption and persistent monitoring will be essential to safeguard against evolving cyber threats.

Artificial intelligence (AI) will play a crucial role in analysing vast data volumes instantaneously, leading to enhanced applications such as predictive maintenance and energy management. Should this be combined with the efficiencies already seen from centralised IoT management platforms, a synergistic effect could emerge, where the seamless integration of AI and IoT leads to unprecedented levels of operational efficiency.

However, with AI given such access, data integrity will continue to be a major cyber-security concern the industry must address in 2024. 

Modern IoT employs edge analytics and open architectures, ensuring data integrity and enabling novel, latency-sensitive applications. While long-discussed in the IoT industry, the technology will grow in use as 5G networks become more prolific and reliable.

Blockchain is poised to advance IoT security, especially as devices manage more sensitive data. As IoT’s attack surface expands, blockchain’s enhanced data integrity will be crucial. While not new, its integration with AI and machine learning (ML) marks a forward leap, shaping a more resilient IoT infrastructure for 2024 and beyond.

For tracking goods in logistics, innovative thin, smart-shipping labels will provide new ways of tracking goods, including real-time location and temperature tracking, in a less bulky and more environmentally friendly form factor.

Not only will SGP.32 boost device and application capabilities with its superior location accuracy, essential for use cases such as precision agriculture, but the new standard will also facilitate the use of eSIMs in IoT devices. This will enhance operational efficiency, thanks to benefits such as remote provisioning and profile swapping, simplifying global device deployment and management.

Propelled by energy-efficient sensors and AI, precise resource monitoring and control will reduce waste and energy use. Tightening global regulations will further accelerate IoT adoption in key sectors such as manufacturing, enhancing compliance and ecological footprints, predicts Pod Group (www.podgroup.com), part of Giesecke+Devrient (www.gi-de.com).