By 2030, it’s estimated there will be nearly 30 billion Internet of Things (IoT) connected devices, almost double what it is today. And while 2030 may seem far off into the distance, we’re already approaching 2024. In the blink of an eye, we’ll be at the end of the decade, with 30 billion IoT connected devices to show for it. As exciting as the expansion of IoT may be, in terms of its benefits across all industries, double the devices means double the data and double the connectivity needed to support it.
With more companies deploying IoT devices each day and existing ones expanding their use cases, it’s imperative they operate over a network capable of handling growing data needs – enter the 4G LTE vs 5G debate. While 5G coverage is undoubtedly stronger, with the ability to support more devices and provide faster download speeds, it’s not the clear choice for everyone. Still in its infancy, 5G is more costly than 4G and more draining on the device batteries that rely on it for coverage. For customers deploying devices that don’t have extensive data needs, 4G can be a suitable, more affordable option.
Wireless connectivity is not just fuelling the IoT revolution for deployed devices; it’s also changing how we work entirely. During the pandemic, remote work went from a luxury to a necessity, helping to keep our economy running in the face of adversity. As workforces continue to go remote – and employers attempt to make up for the labour shortages caused by the pandemic – companies who once relied on server-based SCADA (Supervisory Control and Data Acquisition) systems that use on-premises servers to store and process data are switching over to cloud-based SCADA systems that use remote servers that require less energy and manpower. Compared to legacy SCADA, cloud-based IoT solutions provide reliable, scalable connectivity and unlimited data storage, making it perfect for organisations with global offices and remote workforces.
Whether you’re debating between 4G LTE and 5G or deciding if you should switch to a cloud-based server, one thing is certain – cellular connectivity is more affordable and scalable than ever before. That affordably, in tandem with its ability to enable remote work and power global operations, has made reliable wireless connectivity the key to unlocking the potential of existing IoT connected devices, as well as the 30 billion devices that promise to change our future for the better.
To learn more about the present and future of IoT connectivity check out this interview with Dennis Piotrowski, Director of Product Development for KORE Wireless and Fierce Electronics Editor, Matt Hamblen.
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