https://www.forbes.com/sites/cognitiveworld/2018/12/24/four-emerging-technology-areas-that-will-help-define-our-world-in-2019/#18073d7758dd
2018 was surely a transformative year for technological innovation. We saw early development of ambient computing, quantum teleportation, cloaks of invisibility, genomics advancements and even robocops. Granted we’re not flying around in our own cars like the Jetsons did yet, but we’re closer. In 2019 we will continue on the transformation path and expand even more into adopting cutting edge immersive technologies. What’s ahead for the coming year? I envision four emerging technology areas that will significantly impact our lives in 2019.
1. The Internet of Things and Smart Cities
The Internet of Things (IoT) refers to the general idea of devices and equipment that are readable, recognizable, locatable, addressable, and/or controllable via the internet. This includes everything from home appliances, wearable technology and cars. These days, if a device can be turned on, it most likely can be connected to the internet. Because of this, data can be shared quickly across a multitude of objects and devices increasing the rate of communications.
Cisco, who terms the “Internet of Things,” “The Internet of Everything,” predicts that 50 billion devices (including our smartphones, appliances and office equipment) will be wirelessly connected via a network of sensors to the internet by 2020.
The term “Smart City” connotes creating a public/private infrastructure to conduct activities that protect and secure citizens. The concept of Smart Cities integrates communications (5-G), transportation, energy, water resources, waste collections, smart-building technologies, and security technologies and services. They are the cities of the future.
IoT is the cog of Smart Cities that integrates these resources, technologies, services and infrastructure. The research firm Frost & Sullivan estimates the combined global market potential of Smart City segments (transportation, healthcare, building, infrastructure, energy and governance) to be $1.5 Trillion ($20B by 2050 on sensors alone according to Navigant Technology).