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ARTICLE · 06 APRIL 2022

Market Intelligence Thought Leadership Award Winner

The Internet Of Things: The Need For Antitrust Enforcement

One of the most important quantum leaps that have been birthed since the advent of artificial intelligence would be the advent of the Internet of Things.

NigeriaMedia, Telecoms, IT, Entertainment

INTRODUCTION

One of the most important quantum leaps that have been birthed since the advent of artificial intelligence would be the advent of the Internet of Things. The core concept of the Internet of Things is the connectivity and the network of things, or physical objects and gadgets. These physical objects have software and sensors which are integrated into them to extract, connect and exchange data with other devices over the internet. These devices range from ordinary household objects to sophisticated industrial tools. With more than 10 billion connected IoT devices as of 2021, experts are expecting this number to grow to 30.9 billion by 2025.

Devices and Gadgets like fridges, home thermostats, heart devices, bridges (that have their sensors embedded with monitoring stresses), self-driving cars; vineyards (which predict when fruit flies will arrive), and cows (collars which track their paths in a field to increase productivity) are all being operational

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