A vertical market is a market in which vendors offer goods and services specific to an industry, trade, profession, or other groups of customers with specialized needs. IoT enables the possibility of many such verticals, and some of the top IoT verticals are as follows:
- Smart building: Buildings with IoT technologies can help in not only reducing the consumption of resources but also improving the satisfaction of the humans living or working in them. The buildings have smart sensors that not only monitor resource consumption but can also proactively detect residents' needs. Data is collected via these smart devices and sensors to remotely monitor a building, energy, security, landscaping, HVAC, lighting, and so on. The data ...