ABSTRACT
This chapter aims to predict the future state of Internet of Things (IoT) in different sectors of the economy. Technology innovation continues to evolve apace. In IoT, “smarts” involves the use of technology to detect, analyze, and respond to changes in a physical environment. Developments in IoT have produced a demand for products that combine environmental sensing with automation to create “smart” solutions or environments. It is evident that IoT has the potential to increase healthcare efficiency by allowing healthcare professionals real-time access to the vitals of patients, the status of hospital equipment, or the availability of wards or doctors. IoT will play a central role in the running of major hospitals in most industrialized countries by 2040. Back-end services often require a connection to the Internet, if they are to receive data from remotely deployed IoT devices.
