"The IoT enables a myriad of applications ranging from the micro to the macro and from the trivial to the critical"- Brendan O' Brien
IoT has many applications that changed the world in the forms of Smart Homes, Wearables, Smart city, Smart Grids, Industrial Internet, Connected Health, Smart Retail, Smart supply chain, and farming.
IoT is an ecosystem of interconnected devices or gadgets embedded with electronics, that are capable of receiving, collecting, and transferring data over a network without any external command.
As assessed by IDC Market value of IoT is set to grow over $3 trillion annually by 2026. And the reasons for IoT enticing the whole world are:
Vates - headquartered in California, Us, and with offices in Argentina and Chile, Science soft - Headquartered in the Us, HQ software, PTC, Cisco, ARM, etc.
Along with these many companies in India also work on IoT giving very good career opportunities to people in India.
1.Exploit the IoT skills gap.
2.Know what you need to learn.
3.Cultivate a device mindset.
4. Focus on security.
5. Don't forget soft skills
6.IoT entails much more than IT.
IoT developer is one popular role within the larger IoT field, focusing primarily on the creation of software that allows products to function and connect to other devices.
The average salary for IoT in India is 392k/yr. With 15.2 LPA median income. IoT solution architect can earn up to $1,40,000 to $2,10,000.
Underlying to the IoT India salary study 2017 maintains that the salary of IoT professionals in India is nearly 76% higher than that of IT professionals.
The best skill to get highly paid with IoT is Business Intelligence which is a combo of software applications, software tools, and procedures through which organizations work with data.
While the other important skills are Data Security, Application design, UX Design, adobe creative suite, Wireframes, UI UX, User Interface, Adobe XD, HTML5, and CSS3.
IoT has ensured stable and tech growing career due to these few facts mentioned below-
1.Morgan Stanley via BI intelligence estimated that there will be more than 75 billion active IoT devices by the end of 2020.
2.GE has predicted that investments in the industrial IoT devices will reach a whopping $60 trillion in the next fifteen years.
3.As per CSS insight, the wearable market, which includes devices such as fitness trackers, smart watches could become a $25 billion market soon.
4.94% business that uses IoT have registered a higher ROI.