There are no limits for the applications of IoT. The most obvious use cases are predictive maintenance, smart products, logistics, and agriculture, but IoT-enabled sensors are used in automotive, healthcare, security, and many more as well.
The Healthcare industry can benefit from IoT for remote patient monitoring, remote medical assistance, tracking medical equipment, and of course research. Smart shelves, delivery, and warehouses automation are just a few examples of using IoT in the retail industry. Sensors data can bring huge value to manufacturing for predictive manufacturing, remote sensing, or production automation.
One of gaining popularity use case are smart city initiatives. Technology spending in this case are forecasted to double in 5 years, reaching $189,5 billion in 2023. Smart cities use sensors data to automate services and reduce costs and environmental impacts an have a better performance at the same time. IoT can be used for traffic lights management, environmental monitoring or waste management, as well as city transportation and parking.