What are IoT Devices?

Internet of Things (IoT) devices is a term to describe hardware assets connected to the Internet that can transmit data with other devices and systems online. We use IoT technology everyday in both our personal and professional lives to increase productivity and efficiency.

What is an Example of an IoT Device?

IoT devices are often categorized by either Consumer Internet of Things (CIoT) or Industrial Internet of Things (IIoT). CIoT are IoT devices specific for consumer use while IIoT is meant for industrial use. There are so many IoT devices available on the market that it can be difficult to decide which ones can benefit each company. Popular examples of IoT devices include:

• Smart home devices. Amazon Echo and Google Home are common IoT devices in work environments to act as virtual assistants. Once connected to your Wi-Fi, these voice-enabled smart tools use artificial intelligence to control actions such as adjusting lights, controlling office temperature, and even setting meetings.
• Self-driving machinery. John Deere uses automated driving technology to create self-driving tractors that allow workers in the agricultural industry to become more efficient.
• Home security. Smart locks such as August give access to its users based on proximity. Once the August app detects the August smart lock, the user’s door will automatically unlock. Security cameras like Ring are motion-detecting devices that offer end-to-end encryption (E2EE) for streaming video footage. Rather than greeting outside visitors at the door in the physical world, employees can speak to visitors through the mobile app.
• Internet of Medical Things (IoMT). The healthcare industry contains IoT devices dedicated explicitly for medical use. Some examples include heart rate monitors to track a patient’s heartbeat, devices for remote patient monitoring, and infusion pumps to measure a patient’s vital signs.

The benefits of IoT devices allow industries in all areas to transform business processes and increase efficiency and effectiveness. There is no surprise to hear that the global IoT market is projected to increase from $478.36 billion in 2022 to $2,465.26 billion by 2029, according to Fortune Business Insights. However, IoT devices focus on connectivity rather than security—making them vulnerable to potential security challenges.