Technology-based changes and advancements have become quite common since the invention of internet in the last century. Everyone in this world now wants to keep connected with the internet to keep an eye on the news about the world. However, the inclusion of technology in our daily households and routine has changed the world tremendously, as people are now looking the internet, as an opportunity of making life easier.
The latest technical hype in the market is about the Internet of Things (IoT). It actually becomes prominent, as it connects our life with the internet to help us communicate with everyday objects to achieve our desired results.
Potentially, there are certain opportunities and the top companies have now started taking interest in introducing some intriguing ideas in their products like refrigerators, air conditioners, light fixtures, and LEDs, etc. The basic concept behind introducing IoT in these everyday objects is to make the life smarter and smoother.
Although the experts consider Internet of Things, the next hype, and think that the next few years will be overshadowed by IoT but they also find that there are some noticeable obstacles that may slow down its journey towards the success. These hurdles may be hard to navigate for IoT, but by taking some innovative steps, can be overcome.
What are the hurdles that may affect the success rate of the Internet of Things? Well, we are describing here!
Internet Availability
The internet is necessary for the Internet of Things. It means that many most consumers will not be able to enjoy unparallel convenience as per their will through IoT.
Currently, around 58% of the total population is using the internet. It means that more than 41% consumers have no benefits of IoT. When we consider the developing and under-developed countries, this percentage increases because the majority does not have the luxury of the internet in their homes. Therefore, the experts think that IoT has the potential of attracting the consumers, but it will take time in capturing the international market of consumers.
Significant Expenses
The IoT technology is very expensive, and therefore, the huge population will not be able to use this technology in next many years. An idea has been floating in the international market, which is to place sensors on the main roads, so people will connect through these sensors and will communicate with their devices and each other. However, the companies will need to spend a significant amount in placing this system in the whole world. It confirms that the expenses related to IoT are a big hurdle in making it, a part of everyone’s life.
Privacy and Security
The recent security breaches and iCloud celebrity photo scandals have created questions about privacy and security. The privacy plays a significant role in using the internet, and if it is on stake, no one will prefer to keep online through open internet connections. Therefore, the experts think that privacy and security has become the greatest hurdle in the Internet of Things.
Data Surge
Making IoT a part of our life means more than 26 billion devices and objects will be connected through internet by 2020. With such a huge number of internet-connected items, it is expected that a data surge will be generated. However, the reality is that most of the companies have no capacity to deal with such a huge data. To deal with it, the businesses need to prepare themselves but they are not ready for it. Therefore, it can become a hurdle in promoting the Internet of Things in the societies where data surge is already touching its peak.
Consumer Awareness
The hype of IoT is only among those people who are in touch with tech-developments. According to a survey, only 13% users have some information about the Internet of Things. It means that the users do not know how to use IoT with the internet connection while they have the objects with sensors. This lack of awareness about IoT will keep its market share well below average, which is a hurdle.
However, the use of wearable technology has been increasing at a rapid speed for last two to three years. It is a bonus for IoT, as the internet users are attracting towards these devices. If it happens, the internet users will catch IoT on very soon.
The Bottom Line
Overall, these are not the only hurdles, as many other small hurdles are also there in developing IoT a regular technology for the internet users. However, the numbers have been increasing at a consistent speed. Currently, there are 300,000 internet users that have incorporated IoT in their lives, and it will reach up to 4.5 million by 2020. Factually, it is a huge jump, and with the introduction of new solutions, innovations, and creative apps, the results may be phenomenal. The only thing we need to do in this whole process is to keep an eye on changes, and start thinking about the Internet of Things.
