Internet of Things valued at £ 3 Trillion by 2020

 

The future is here, with the advent of Internet of Things, a new era of scientific and technological apps that will change life and transform our civilisation.

These, includes artificial intelligence, genetic engineering and regeneration of body parts, nano-technologies, robotics, ultra-high speed trains and self-driving cars, Printing, digital security, and slim flexible personal computers.

The Internet of Things (IoT) means the general idea of things that are readable, recognisable, locatable, addressable, and/or controllable via the Internet including physical objects communicating with each other, people, data, things. There could over 26 billion networked devices on the Internet of Things spanning the world by 2020, value at £3 Trillion ($4.6 Trillion) for public sector in the next ten years. 700million users of wearable biometrics by 2020.

IoT Technology, automation, robotics, enabling nanotechnologies, self-assembling materials, artificial intelligence (human/computer interface), 3D Printing Photovoltaics and printed electronics), wearables (flexible electronics)  real-time analytics and predictive analytics, super-computing (faster and more connectivity), increased storage and data memory power, wireless networks, secure cloud computing,  virtualisation, Artificially grown organs Human regeneration (regrow lost limbs in months), Life expectancy doubles, Human cells interfaced with nanotech MNT repair of physical trauma, almost no deaths once injured and then get MNT treatment (EMT or hospital) MNT repair of cellular damage MNT able to replace various organs MNT able to enhance body functions, Cybernetics

In Transportation, Sustainability of infrastructure, converged transportation ecosystems and monitoring, Autonomous and connected cars, predictive analytics(parking, traffic patterns)

In Energy enhancement in solar power, waste to biofuels, protecting the Grid, Prolonging battery life.

In Law Enforcement and Public Safety, surveillance (chemical and bio sensors, cameras, drones), interoperable communications, Security screening by bio-signature. Monitor and measure unique heart/ pulse rates, forensics, electrocardiogram sensor, blood oximetry, skin temperature

In Finance, Mobile payments, Mobile banking, Identity management, Biometric Security: access control facial recognition, voice recognition, iris and retina scanners, fingerprint sensors on tablets and smartphones – pass keys

In Agriculture, Aqua farming, Water purification and food security.