3 key trends impacting IoT solutions in 2025
Each year, more and more IoT-based solutions see the light of day in a wide range of industries.
And as the IoT landscape is constantly evolving with the rise of new technologies, it is important for providers of IoT solutions to keep up to date with new developments and opportunities for growth.
Here are 3 key trends that will impact IoT solutions in the upcoming year.
1. IoT in insurance – smart technology for damage prevention and claims reduction
The use of IoT is already widespread in many industries such as healthcare, energy, and home security, and in recent years, we have seen the development of the same trend in insurance, particularly non-life insurance covering damages to the home and belongings.
According to recent consumer studies, insurance customers generally want more help from their insurers to help them protect their property and not only issue claims reimbursement after the damage is done.
The top insurance services desired by customers are services that allow them to be alerted of damages, unusual activity, and threats to their homes.
Using smart devices to lower insurers' payouts and increase customer satisfaction
This opens up a huge potential for proactive insurance companies to differentiate themselves in a homogenous market and increase satisfaction and loyalty by providing their customers with these risk-preventing capabilities.
By preventing and reducing the scale of policyholders’ damages, insurers are able to reduce the amount and severity of costly claims and thereby lower their payouts.
Some technology-led insurers have already launched insurance services taking advantage of IoT via smart sensors and alarms that alert customers of risks like water leakage, smoke, burglary, and more.
2. Embedded AI – the hyper-intelligent IoT Solution
AI is moving fast and will continue to do so in 2025 while increasingly being integrated into devices.
This is called embedded AI and unlike traditional AI used in a cloud-based infrastructure, embedded AI operates on hardware devices, processing device data in real time.
Embedded AI is beneficial in numerous industries from manufacturing and autonomous vehicles to healthcare where embedded AI optimizes data processing and thereby operation speed while enabling devices to make independent, real-time decisions.
Through AI's ability to recognize patterns and its sophisticated algorithms, embedded AI in IoT devices can help identify complex patterns in human behavior – in anything from patients to electricity usage – and predict future outcomes or demand.
These insights can be integrated into IoT solutions, creating even more intelligent solutions and better outcomes for users.
At Develco Products, we already offer an IoT gateway capable of running AI, and we are currently working on ensuring that the next generation of our gateway will have even stronger AI capabilities to be able to deliver the best possible foundation for advanced IoT solutions.
3. Edge computing – the key to better data privacy, operation speed and solution stability
Securing user data privacy is paramount in modern IoT solutions where large amounts of data is constantly being sent between devices and gateways.
That is why we have worked hard to create a highly secure IoT platform with multi-layered security standards and wireless products that live up to strict standards of security.
A faster and more secure solution
Edge computing plays a key role in the security of IoT solutions and the use of it keeps growing. It allows data to be processed and stored locally on the IoT hardware instead of in the cloud which minimizes the amount of sensitive information being sent through the network.
Edge computing is therefore highly relevant for IoT solutions handling private customer data, such as healthcare, security, and insurance solutions.
Additionally, the local data handling in edge computing enables access to real-time data and reduces delays in operations while improving stability of solutions.
To provide our customers with the best data environment for their solutions, Develco Products offers edge-computing gateways, providing superior data security, smoother operations, and greater reliability.
Are you interested in learning more about how these trends will impact IoT solutions and how you can benefit from them for your own IoT-based solution? Contact us today.
