A Study on the Internet of Things (IoT) Applications

The government has adopted the field of “Internet of Things” as a national strategic project, announcing the Internet of Things master plan to achieve a leading country of hyper-connected digital revolution last May. The government has the promotional strategy of reinforcing the competitiveness in software (SW) sensor components devices, training specialists that will lead Internet of Things (IoT) services and products, and internalizing security for Internet of Things products and services. Internet of Things, thus expected to grow from ₩2 trillion and 300 billion last year to ₩30 trillion by 2020 in the market, refers to the Internet environment where people, things around, data, etc. are all connected to the wired and wireless network to mutually create, collect, share, and utilize information. Internet of Things is the technology and service that includes generating information (sensor) acquisition (parts, devices) sharing (Clyde) utilization (Big Data) application software. Internet of Things is getting a lot of attention from the public due to the effect of increasing export businesses and jobs and has become a buzzword among businesses. The Internet of Things market has a tendency to grow in the future as it is extended from social infrastructure (utilities, transportation, automation, etc.) and safety management to the consumer sector centered on life services. Sophisticated wireless communication technology is expected to form a huge network connected to all object units as a communication function.