Analytics vidhya, august 26, 2016

10 Real World Applications of Internet of Things (IoT) – Explained in Videos
ANALYTICS VIDHYA, AUGUST 26, 2016
Article Video Book
Overview

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  Understand the varied applications of the Internet of Things (IoT)
  
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  Includes detailed study about smart homes, connected devices & many other work areas
  

Introduction
Do you know what separates humans from other living beings?
Curiosity. Humans are curious. We question a lot. We are the ones who challenge the status quo of existing rules and strive to build/produce something better. Such curiosity & efforts have promised us a life where electronic devices & machines will probably become our best friend.
Yes, you read it correctly the vision to make machines smart enough to reduce human labour to almost nil. The idea of inter-connected devices where the devices are smart enough to share information with us, to cloud based applications and to each other (device to device).
Smart devices or “Connected devices ” as they are commonly called, are designed in such a way that they capture and utilize every bit of data which you share or use in everyday life. And these devices will use this data to interact with you on daily basis and complete tasks.
How Big is IoT?
This new wave of connectivity is going beyond laptops and smartphones, it’s going towards connected cars, smart homes, connected wearables, smart cities and connected healthcare. Basically a connected life. According to Gartner report, by 2020 connected devices across all technologies will reach to 20.6 billion. Woah! that’s a huge number.

Source: HP
HP did a small survey in which they estimated the rise of connected devices over the years and the results are surprising. Are we moving towards a fully automated world?
These devices will bridge the gap between physical and digital world to improve the quality and productivity of life, society and industries. With IoT catching up Smart homes is the most awaited feature, with brands already getting into the competition with smart applicances. Wearables are another feature trending second on the internet. With launch of Apple Watch and more devices to flow in, these connected devices are going to keep us hooked with the inter-connected world.
A survey conducted by KRC Reserach in UK, US, Japan and Germany the early adopters of IOT has revealed which devices are the customers more likely to use in the coming years. Smart Appliances like thermostat, smart refrigerator to name a few are most liked by the customers and are seem to change the way we operate.

Source: GSMA Report
If you are wondering what impact will IoT have on the economy then for your information as per the Cisco report IoT will generate $14.4 trillion in value across all industries in the next decade. Yes, you are thinking correctly IoT will bring a wave, nobody can forsee.
Now, to give you a glimpse of how applications of IoT will transform our lives I have listed down few areas where IoT is much awaited and companies are preparing to surprise you with smart devices. For better understanding, I’ve added Youtube Videos for you, see what our future holds.
Read on and tell us which smart devices are you eager to use.