This article is really informative and impact of IoT is very well explained. Two sectors that embraced IoT the best over the past few years are Healthcare and Transportation.
Coming to healthcare industries, RTHS (Real time health system) aims to reduce response time in decision making by collecting relevant data from different resources. IOT enabled clinical trial solutions to evaluate specific outcomes. It also provides wearable devices to monitor pulse, heart, walking, biking and other health data. Apart from RTHS, smart pills, healthcare management, EHR etc opens scope for endless possibilities for IoT penetration in healthcare.
Now if we talk about global IoT in transportation market, According to Allied market research,it is expected to reach $328.76 billion by 2023, growing at a CAGR of 13.7% from 2017 to 2023. IoT is already incorporated in transportation whether it’s something as small as real-time traffic information or as massive as fully autonomous self-driving cars.
Apart from that, IoT along with a mobile app can alert drivers, in real-time about issues with the vehicle health and their driving behavior.
There are countless opportunities for IoT-enabled devices in the transportation sector and healthcare sector as well.
Coming to healthcare industries, RTHS (Real time health system) aims to reduce response time in decision making by collecting relevant data from different resources. IOT enabled clinical trial solutions to evaluate specific outcomes. It also provides wearable devices to monitor pulse, heart, walking, biking and other health data. Apart from RTHS, smart pills, healthcare management, EHR etc opens scope for endless possibilities for IoT penetration in healthcare.
Now if we talk about global IoT in transportation market, According to Allied market research,it is expected to reach $328.76 billion by 2023, growing at a CAGR of 13.7% from 2017 to 2023. IoT is already incorporated in transportation whether it’s something as small as real-time traffic information or as massive as fully autonomous self-driving cars.
Apart from that, IoT along with a mobile app can alert drivers, in real-time about issues with the vehicle health and their driving behavior.
There are countless opportunities for IoT-enabled devices in the transportation sector and healthcare sector as well.