In the 21st century, a digitized home is a tangible goal. Simplifying difficult tasks is now possible with the help of modern technologies. This process is especially relevant during the COVID-19 pandemic. With everyone stuck working from home, people started to feel the need to create a more comfortable and modern workspace in what used to be a storage room or maybe an abandoned toy room.
But, a smart home is only one of the many Covid IoT solutions. There have also been developments in other industries such as the medical and healthcare field during this pandemic era. Read on to find out about the impact of COVID-19 on IoT and the new innovative solutions!
What is IoT?
Before we get into the details of the COVID-19 effect on IoT, first, let’s understand what it is. IoT or the Internet of Things is a term for the many physical devices out there that collect and share data on the internet. Due to the low price of computer chips and wireless networks, anything can play a part in IoT. This can be a stapler, a lightbulb, an airplane, and virtually any object you can think of.
All it requires is the addition of a sensor that provides these everyday items with digital intelligence and the ability to communicate data without human interference. If you see an item labeled “smart,” this automatically implies that it is a part of the worldwide IoT. On a larger scale, smart cities are also in many government plans, involving regions with sensors that will help control the area better.
The COVID Impact on IoT Market
Statistics for Smart Homes
The Smart home market was already on the rise even before the pandemic hit. ABI Research stated that the total revenue from selling IoT home technologies would jump to 21% in 2020. Of course, there was a temporary decrease in the early period of the pandemic due to the general economic decline. ABI Research has now predicted that demand will surge even higher in the future, up to a market of $317 billion by 2026. This number includes an additional 5% growth compared to the statistics before the health crisis.
Along with these numbers showing the COVID-19 impact on IoT market, a recent study by Xiaomi revealed that 70% of people had made changes in their living space because of time spent at home during the pandemic. 51% have bought at least one smart device since March 2020.
Although this may not seem like large numbers, the coronavirus impact on IoT is significant in the overall scheme of things
Covid IoT Solutions
Being stuck at home can be difficult when someone is used to an efficient workplace with modern devices. This is why many people started to purchase smart devices for their living space during the pandemic. Whether it be smart lights to provide a more comfortable aura to rooms or smart speakers to write shopping lists, here are some of the most popular changes made by consumers.
Smart outlets are something everyone needs in their home. This shows that an addition of a smart device can make a huge difference, no matter how small the actual item is. A smart outlet can be used to control everyday appliances such as coffee machines, lamps, and TVs via a mobile app. These outlets can even be combined with voice-controlled speakers such as Alexa and Google Assistant for an even more efficient experience. This is precisely what makes IoT great, the ability to sync everything from one spot. After all, who wants to leave their couch during a pandemic?
A person’s mood can change a lot during the day, and sometimes all they need is a slight lighting change to go with it. Well, with advanced smart lighting, this is now possible. This system involves using smart bulbs that are controlled via a mobile app or voice commands. These lights can also be turned on from afar to set the mood before you get home from your weekly grocery shopping trip. Automated settings will also switch the lightbulbs on right before you arrive via GPS tracking. This makes it one of the most popular IoT ideas for Covid.
The beauty of IoT is the connection, and integration is key when it comes to creating the perfect smart home. That’s why most lighting systems can also connect to smart security and heating systems. So, the light in the room will be altered according to environmental cues such as changes in weather forecasts.
Smart Home Healthcare
Amidst the global pandemic, health is at the top of everyone’s priority list. It is impossible to get a spot in a hospital for a checkup with so many coronavirus cases. While self-running baths and talking refrigerators are great, health should always come first.
That is why the market for smart home healthcare’s sudden growth is a major COVID-19 effect on IoT. Checking up on yourself suddenly became possible with devices that track and monitor sleep patterns, nutrition, cardiac and respiratory health, as well sleep patterns, general mobility, and more. These technologies not only track and store health data, but also suggest ways to improve mental and physical well-being during the day. With so much going on outside, everyone should be keeping track of their health!
Dealing with the Internet of Things in a post covid era is crucial for most businesses. Prominent tech company leaders such as Microsoft have stated that firms are increasing their digital transformation projects due to the Coronavirus impact on IoT. A study by IoT Analytics showed that 92% of large organizations have company-wide digitization plans, so why shouldn’t you?
With Webbylab, you can streamline your business that was affected by COVID-19 with innovative IoT solutions. We can help with your digitization projects and put you one step ahead of your competitors. So contact us today, and let’s get started!