The Internet of Things (IoT) is rapidly transforming, and Giesecke+Devrient (G+D) has identified several emerging trends that are set to drive its evolution. These include the growing influence of artificial intelligence (AI), edge computing, blockchain, and new standards that make IoT management more efficient. Additionally, IoT is increasingly being utilized to achieve sustainability goals.
As the number of IoT devices continues to rise, their applications are expanding across industries such as transportation, logistics, agriculture, energy management, and smart cities. Despite some challenges in implementation, new technological advances promise to simplify and accelerate IoT adoption. G+D outlines five major trends that will shape the future of IoT and its secure, widespread use.
AI and Machine Learning Transform IoT Systems
Artificial intelligence (AI) and machine learning (ML) are revolutionizing IoT. By analyzing large data sets, AI is enhancing IoT systems, especially in areas like predictive maintenance and energy management. The combination of AI’s analytical power and IoT’s data-gathering capabilities is creating smarter, more responsive systems. However, AI integration depends heavily on the availability of accurate and reliable data to ensure trustworthy outcomes. Maintaining data integrity is essential for the success of AI-driven IoT solutions.
Edge Computing Boosts IoT Performance
Edge computing is playing a crucial role in improving the efficiency of IoT systems. By processing data closer to the source, it reduces the need to send large amounts of information to centralized data centers. This lowers latency, which is particularly important for real-time applications such as industrial automation. The growth of 5G networks is expected to further enhance communication between devices and increase the speed and efficiency of data processing. In the future, AI and ML will increasingly integrate with edge computing, allowing devices to make complex decisions on their own.
Blockchain Enhances IoT Security
As IoT devices manage more sensitive data, the security of these systems becomes a growing concern. Blockchain technology is emerging as a key tool for strengthening IoT security. Its decentralized structure ensures the authenticity and security of data transactions across a network, providing stronger protection against cybersecurity threats. Blockchain’s ability to maintain data integrity will become increasingly important as IoT continues to evolve.
New Standards Simplify IoT Device Management
The SGP.32 specification, released by the GSMA in May 2023, is transforming how IoT devices are managed. This standard enables remote SIM provisioning without the need for additional connectivity like Wi-Fi or Bluetooth, streamlining device hardware and logistics. With tools such as G+D’s AirOn360® IoT Suite, the connectivity of entire fleets of devices can be managed centrally using the SGP.32 standard. It operates via a fast, reliable IP-based protocol, simplifying the loading, activation, and management of SIM profiles. This new standard offers significant cost reductions and enhanced scalability.
IoT Drives Sustainability
IoT is becoming a vital tool in efforts to promote sustainability. Energy-efficient sensors, combined with AI, allow for precise monitoring and resource management. From energy use to waste reduction, smart systems driven by IoT are already making strides in creating more sustainable practices. As environmental concerns grow, IoT’s role in fostering a balance between technology and ecological needs will become increasingly important.
Giesecke+Devrient Vision for the Future of IoT
“The future of IoT connectivity will be shaped by major technological advances, the integration of AI and edge computing, continued interoperability efforts, and the transformative impact of 5G,” said Dr. Philipp Schulte, CEO of Giesecke+Devrient Mobile Security. “These developments will enhance the efficiency, reliability, and versatility of IoT systems, opening up new possibilities and driving innovation in various sectors. As a leading IoT solution provider, G+D will continue to support this growth in partnership with mobile network operators, automotive OEMs, and other technology providers.”
Giesecke+Devrient (G+D) is a global leader in security technology, headquartered in Munich, Germany. Founded in 1852, the company focuses on digital security, financial platforms, and currency technology. With over 14,000 employees worldwide, G+D generated €3 billion in revenue in 2023 and operates 123 subsidiaries and joint ventures in 40 countries. The company remains dedicated to making life more secure for billions of people around the world.
