IoT Applications: 7 Real-World Examples Across Industries

Healthcare, supply chain management, agriculture, and manufacturing – these are just a few examples of industries currently being revolutionized by the Internet of Things. Explore 7 types of IoT applications across various sectors, draw inspiration from real-world examples, and see how this technology can reshape your business.

Agnieszka Mroczkowska Content Marketing Manager

Mobile Developer

Top IoT applications

Table of contents

There’s a reason why the Internet of Things market is expected to be worth over $1 trillion by 2024. IoT applications automate processes and generate brand-new product offerings thanks to the continuous connection between machines, humans, and data. Together with enhanced sensor connectivity and new technologies like artificial intelligence, IoT has the potential to drive innovation across industries ranging from healthcare to manufacturing.

Apart from technology improvements, the Internet of Things also presents a number of solutions addressing the most pressing concerns of our time: climate change, access to healthcare services, and growing urbanization. To achieve their sustainability goals and optimize operations, companies and governments are investing in IoT-based energy and resource management solutions such as smart grid technology or telemedicine.

This article dives into real-world IoT applications that perfectly encapsulate the potential of this technology for solving the most important issues societies are facing now.

What is the Internet of Things (IoT)?

The Internet of Things (IoT) is a network of physical objects embedded with sensors, software, and other technologies for connecting and sharing data with other devices and systems over the Internet.

The global number of IoT devices is expected to nearly double, from 15.1 billion in 2020 to more than 29 billion in 2030.

IoT technology has emerged as one of the most important technologies in recent years, enabling us to connect common objects to the internet (embedded devices) that include things such as kitchen appliances, vehicles, vibrators (like OhMiBod), digital displays (like Loop), thermostats, and baby monitors, building seamless communication between people, processes, and things.

Thanks to IoT, physical objects can exchange and gather data with minimum human interaction using smart sensors, the cloud, big data, analytics, and mobile devices. Such digital systems can record, monitor, and alter each interaction between linked devices in a hyperconnected environment where the physical and digital worlds come together

What are the core components of IoT?

core components of IoT - Internet Of Things

QardioCore is a smart device that works as an ECG monitor, which lets users better monitor health issues such as high blood pressure and cholesterol. It also provides data to healthcare facilities, which monitor illnesses like diabetes, heart problems, and weight gain without requiring physical visits.

QardioCore monitors heart rate and heart rate variability, skin temperature, respiration rate, and activity monitoring in addition to continually collecting ECG data, offering clinicians a better understanding of their patients’ entire heart health and behavior.

2. IoT & smart cities

A smart city is a city that uses sensors and cellular or wireless technologies in common areas like lampposts, electricity, and heat systems, as well as water and waste management systems.

Here are a few ways to incorporate IoT into the running of a city:

A real-life example of a smart city app: Parker

Available across many cities in the United States, Parker directs drivers to available on-street and off-street parking lots/garages in real-time. Users can easily find prices, time limitations, operating hours, and parking regulations to park without anxiety. Users also benefit from easy mobile payment methods.

In places where Parker has real-time sensors, the app can provide real-time guidance with dynamic routing. It also features an automatic “Find My Car” feature that helps users locate their vehicles.

3. IoT in supply chain management

Supply chain management (SCM) is all about streamlining the flow of products and services from raw material purchases to customer delivery. Inventory management, fleet management, vendor connections, and planned maintenance are all part of this field.

Many companies were impacted by supply chain concerns during the pandemic, which inspired them to incorporate modern solutions based on IoT. The number of companies using IoT in supply chain management increases by 27% on average year over year.

The Internet of Things is used throughout the supply chain management process:

A real-life example of a supply chain management IoT app: ZillionSource

ZillionSource combines the power of hardware with new technology, providing companies with insights into their asset monitoring or supply chain goods. In addition to global map tracing and trip notes, the IoT platform analyzes data and presents it in reports and graphs.

Even with millions of devices, the scalable and expandable platform runs seamlessly. Customization and security devices are handled via its business cloud application for dynamic control and its advanced pattern-recognition rule engine, which allows users to adjust and define rules according to their preferences.

4. IoT in agriculture

Agriculture stands to greatly benefit from the Internet of Things as governments around the world prioritize the expansion of agricultural systems. Farmers are using technology in farming to improve production yields and, at the same time, fight climate change by making their operations more sustainable. The global smart farming market will reach almost $30 billion by 2023.

Here are some common IoT applications in agriculture:

A real-life example of an agriculture IoT app: Farmalyzer

Farmalyzer is a platform that connects IoT sensors, weather data, climate analysis, and horticulture advice. Users can get free weather data, soil maps, topographical maps, and satellite pictures.

The app also lets users manage weather stations and soil sensors. It includes a smartphone location service, AR mode for quickly locating sensors and effective recommendations for optimizing local growth management by accounting for microclimate differences.

5. IoT in energy

Utility companies are looking to IoT to improve energy efficiency. Energy meters, transmission lines, manufacturing plants, and distribution terminals can all have appropriate sensors to create a smart grid.

According to a McKinsey estimate, IoT in the energy sector might provide annual advantages of $40-70 billion by 2025.

Here are some examples of IoT applications in the energy sector:

A real-life example of an energy IoT app: Oma Helen

6. IoT in manufacturing

The Internet of Things is all about bringing physical items into the digital spotlight. What better place to use this than on the production floor? The Internet of Things (IoT) at the industrial level is known as Industrial IoT (IIoT), also called Industry 4.0 or the fourth wave of the industrial revolution.

The worldwide IoT manufacturing market was valued at $50.0 billion in 2021 and is expected to produce $87.9 billion by the end of 2026.

Here are some common applications of IoT in manufacturing:

A real-life example of: Digital Factory Wizard

Digital Factory Wizard is an app that allows users to track their factory floor activities in new ways. All the linked “things” are transformed into valuable data to help companies operate their businesses. Dedicated reports help to continually improve everyday procedures and employee performance.

7. IoT, wearables and consumer tech

Wearable technology is another tangible manifestation of the Internet of Things. Smartwatches, fitness trackers, smart eyeglasses, and even connected fabric are all examples of wearable technology. The worldwide consumer IoT technology market was valued at $221.74 billion in 2022, and it’s expected to reach $616.75 billion by 2032.

Here are a few examples of IoT wearable devices and their functionalities:

A real-life example: OhMiBod

OhMiBod – Internet of Things app connecting with custom vibrators

OhMiBod for Apple Watch – it’s a remote intimacy app that allows partners to connect and control one another’s pleasure gadgets from anywhere in the world. It was launched at CES 2019.

A real-life example: WHOOP

WHOOP is a wearable device and mobile app that monitors sleep, strain, recovery, stress, and health biometrics 24 hours a day. The product provides individualized coaching based on user goals to help them achieve peak performance.

WHOOP converts data into actionable next steps and recommends anything from when to sleep to what habits to adopt to help users attain their objectives. WHOOP measures heart rate variability, resting heart rate, sleep, and respiratory rate to determine how prepared the user is to perform.

The future of the Internet of Things

Thanks to its ability to link a wide range of equipment and sensors to the internet, IoT has already transformed numerous industries, from manufacturing to healthcare. The potential value of IoT is growing. McKinsey estimates that its value will grow to $12.5 trillion globally by 2030. But what’s in store for this fast-growing technology?

IoT security is one of the biggest challenges that impact the adoption of this technology trend. A solution to that is the shift to edge computing, which involves analyzing data on the device itself rather than transferring it to the cloud. Edge computing has the potential to reduce latency, increase dependability, and improve privacy and security.

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Another IoT trend is the increased use of artificial intelligence (AI) and machine learning (ML) to evaluate data from connected devices. Businesses can obtain insights into IoT data by applying sophisticated analytics to it, but only systems based on machine learning algorithms can deliver accurate and valuable insights when circumstances change.

Moreover, alongside these advancements in AI and ML, there’s a growing integration of blockchain technology in the IoT landscape. It’s being used to improve security and privacy in the IoT as well. Data from an IoT device could be kept in a decentralized, tamper-proof ledger using blockchain, making it more secure and less subject to attack.

Our experience in IoT app development

If you’re looking for an IoT application development company, you’re in the right place. With over 10 years of experience, we specialize in building both native and Flutter-based IoT apps. Just to name a few, we’ve created OhMiBod, OhMiBod Remote for Apple Watch, and Loop.

Our work speaks for itself – just check out our reviews on Clutch. Skip the time-consuming in-house recruitment and tap into our experts from day one. Contact us.

IoT applications – wrap up

The Internet of Things has a bright future ahead of it, with numerous applications poised to transform industries and enhance our daily lives. The potential for IoT devices, systems, and apps is essentially unlimited, ranging from edge computing and AI to smart cities and smart farming.

We can expect even more fascinating advancements in the next few years as developers and businesses continue to innovate and push the boundaries of what is possible when using an IoT device.