Proceedings of the XXth Conference of Open Innovations Association FRUCT (Nov 2024)
Unveiling the Next Frontier: The Future of Connected Technologies
Abstract
Background: The extensive use of internet-connected gadgets that exchange information has permanently transformed our existence. To fully grasp the revolutionary potential of these technologies, people, organizations, and governments must acquire a thorough awareness of their far-reaching consequences. Objective: This article seeks to analyze the potential effects of linked technology on many industries and the everyday lives of people in the future. To get a more profound understanding of the progress and repercussions of these ever-changing technologies, we depend on statistical data and current trends. Methodology: We identify key drivers of change, such as the Internet of Things (IoT), 5G networks, and Artificial Intelligence (AI), via an extensive examination of relevant literature, industry reports, and data. Results: Our article predicts that individuals will be highly networked in the future. The IoT market is expected to be worth $1.1 trillion by 2026, driven by one billion networked devices. These innovations are changing healthcare, transportation, and business. The widespread use of 5G networks will unlock unprecedented speeds and connectivity. This will promote smart cities and autonomous autos. Over 1.2 billion 5G connections are expected by 2025. AI is projected to add $15.7 trillion to the global economy by 2030. Predictive analytics, intelligent automation, tailored user experiences, and AI algorithms in interconnected devices will achieve this. Conclusion: Without a doubt, the profound capacity of interconnected technology cannot be disputed. Before adopting these technological breakthroughs, it is crucial to take into account the factors of data privacy, cybersecurity, and ethics. To fully realize the promise of this developing field, it is crucial to maintain a delicate equilibrium between promoting innovation and ensuring the protection of people's privacy and well-being.