NEW YORK - March 26, 2021 - Humanity has been moving towards digitalization for a long time, but the pandemic has accelerated this trend. The IoT device market is on the rise and is poised to reach $1.4 trillion by 2027, according to Insights. It leads to the development of the digital-first concept. It expands the interactions, allowing people to order food from the grocery or buy clothes from other countries online. This includes automated shopping delivery processes, online training.
Internet of Things (IoT)
Recall the Internet of Things is a network of devices that are linked through the Internet. They function as an integrated technical system, and a person does not always participate in this interaction.
A smart home is an example of IoT implementation. Where you can use a multitasking application for turning on the light, warming the water in the kettle, locking the doors, drawing the curtains, etc.
User spending on IoT: 2017–2025
We expect mobile-based asset management to become even more widespread. Here are a few developments that can become commonplace:
in medicine - hospital beds that collect information about patients and send it to nurses,
in logistics - monitoring of transport defects and localization of breakdowns,
in the automotive industry, self-driving, and flying cars.
Cloud is a new reality.
The clouds saved business during the worst times of the pandemic. People believe that cloud computing will become a new reality for companies after all. IDC predicts an increase in spending on cloud IT infrastructure by 10.4% per year, to $ 109.3 billion in 2024. This will amount to 63.6% of total "infrastructure" spending.
The main result of the past year for clouds is that the pandemic has changed the attitude of many organizations towards them, skepticism has disappeared.
The Fast Adoption of Cloud Gaming
The cloud gaming market is growing at an astonishing rate. According to research, Gaming-as-a-Service will reach $ 450 million by 2023.
Technology is changing the market. Cloud services like PlayStation Now or Google Stadia let you run resource-intensive applications without additional hardware investment. In 2021 and beyond, game developers will use these cloud-based features to unleash their creative freedom.
Mobile development drives the growth of a wide variety of industries: medicine, finance, construction, science, business. At GBKSOFT, we create relevant applications so that people of any profession get what they need.
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Alexandra Rostovtseva CTO & Founder
