IoT technology will help reduce emissions, satellite internet will challenge 5G, the chip shortage will continue, and more will occur in 2022 as the pandemic recovery continues to slowly advance.
Forrester has released a set of five forecasts for the IoT, advanced computing and networking markets in 2022, based on “specific and observable changes” in these industries.
Many of the predictions he makes are ones that have the potential to shape not only the IoT, edge, and networking industries, but any type of business affected by these technologies. It’s almost everyone, as it turns out.
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In short, the five predictions explain how Edge and IoT will make supply chains more sustainable, that satellite internet may have finally reached a level of maturity to compete with 5G, that the chip shortage will continue to grow. feel, that smart infrastructure investments will increase and that a record IoT botnet attack is looming on the horizon.
It’s hard to think of a company (or even a person) that won’t be affected to some level by these predictions, whether or not they come true. These predictions also do not mean that technology will begin to emerge capable of doing these things. Report author and Forrester analyst Abhijit Sunil says much of the technology from these predictions will be widely and practically available.
“The union of IoT, edge and networking technology will make real results possible in the market,” Sunil said.
Edge and IoT combine to reduce emissions
If you haven’t heard of Scope 3 emissions, it’s understandable: they are carbon emissions and other pollution created as a side effect of a company’s operations by assets it does not own or control. not. Think about third-party freight, supply chain processes, and other things that happen between raw materials and finished products that are performed by another company.
“In 2022, the demand for sustainability-related services powered by the edge and IoT will increase for energy efficiency and resource management,” said Forrester. Particular use cases for a technology like this will be environmental monitoring, resource management, and supply chain processes.
Products that use IoT and advanced computing to help reduce Scope 3 emissions will be brought to market in 2022 by companies such as “traditional providers of smart technology products, IT players. and professional services and platform providers specializing in edge and IoT, ”said Forrester.
“Sustainability is a prime example where the capabilities that emerging technologies such as edge-powered AI engines will bring meaningful implementations,” Sunil said.
Satellite internet will become a challenge for 5G
“Government bureaucracy and delays in the development of 5G have opened the door to the satellite internet market,” said Forrester. Rural areas, in particular, have been promised 5G upgrades that have been slow to come, which Forrester says will be a boon for wired connectivity providers and satellite internet companies like
“Some telecoms [that don’t offer cellular service] are testing satellite service as a backup instead of using their competitor’s cellular service. It will be a dominant force, especially in rural areas where there is no potential for 5G implementation in the near future, ”Sunil said.
Forrester predicts that 85% of satellite Internet users will be in rural areas. If correct, companies offering 5G or mmWave wireless internet service for edge access will have to step up their game in 2022 or risk becoming the DSL of remote wireless internet service: good enough, but not as good as the competition. .
Chip Shortage Will Slow IoT Market Growth
Forrester has already predicted a shortage of long-lasting chips, and they are doing it again, warning that it will not decrease until mid-2023 at this point, which will leave many smart product makers and consumers who want these. products, left unattended.
IoT products use more mature sensors, microcontrollers and communication technologies, Forrester said, which puts them in a different position than less complex chips like CPUs and GPUs, which may come back sooner.
“Smart IoT-based products such as home appliances, automobiles and consumer electronics will be unavailable, delayed or too expensive,” Forrester said, slowing the growth of IoT products in 2022 from 10 to 15 %, which in turn will lead to increased demand for less -smart products.
Investments in smart infrastructure will increase
A huge smart infrastructure boom is slated for 2022, with investment set to increase by 40%, largely thanks to investment in China, the EU and the United States, Forrester said. Much of that spending will go towards alleviating pandemic stress and reclaiming facilities, with Forrester saying internet connectivity, public health initiatives and critical resource management will all generate renewed interest.
“Stakeholders will also leverage information captured from edge devices and IoT-enabled infrastructure to change traffic patterns to reduce congestion; evaluate multimedia data to provide information for security applications; and combine 5G, V2X and edge technologies to enable autonomous vehicles in ports and airports, ”said Forrester.
A new record IoT botnet will develop
Poor security of IoT devices continues to be a bane on the internet, and Forrester said 2022 will bring with it a botnet so large that its “level of traffic will successfully cause economic problems by denying certain critical communications infrastructure.” The size, Forrester said, is somewhere north of 30 million requests per second. For reference, the current record set earlier in 2021 capped at 22 million requests per second.
Consider this latest prediction as your cybersecurity boost for 2022: start preparing your DDoS mitigation strategy and response plans now, because it will be a wild race.
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If some of those predictions seem far-fetched, that’s understandable: Forrester is making big claims for 2022. Fortunately, Forrester also keeps a record of his previous predictions alongside the year-end reassessments so you can judge for yourself how successful they are.