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Smart IoT devices are now available for use in offices, homes, and public spaces for entertainment, security, and automation.
McKinsey Global Institute predicts that the Internet of Things market will reach the U.S. $11.1 trillion annually by 2025.
Self-Maintainance Alerts: Apart from the automation of various tasks at home, IoT enabled smart devices can self-diagnose their performance.
IoT enabled refrigerators can alert users about food shortage and wastage so that grocery orders can be placed to replenish them.
It can track device power consumption and usage pattern to minimize wastage.
The technology facilitates controlling light intensity.
