The year 2020 is expected to bring along many game-changing tech trends that we will embrace, or have already embraced. While some things are already available and easy to find in the modern enterprise, other new techs are ‘prime pickings’ to drastically change the way we work, live, and socialize. As the current technology evolves with new cases and applications, we will begin to see new opportunities and benefits.
In recent years, we have seen transformation changes with technologies such as robotics, IoT, and artificial intelligence, among others. These changes have affected today’s business climate, leading to competition at the global level as smart organizations are seeking new techs to gain competitive advantage.
Within the past decade, the lottery in Pennsylvania has grown significantly, alongside other service apps like DoorDash, Airbnb, Uber, Lyft, and others. Personal assistants like Alexa and Siri have also entered into our lives. Below are some of the leading technology trends to watch for in 2020.
Augmented Reality (AR) and Virtual Reality (VR)
Among the most underrated techs, AR/VR could see a comeback in their implementation this year. It’s approximated that 32% of organizations would include this technology to boost their product experience in the next three years. With virtual try-on fashion apparel` and jewelry ideas already in the market, we could agree that the booming of IoT will also help enhance its market penetration. From real estate and training to manufacturing and retail, we could see the use of AR/VR in various formats.
Artificial Intelligence (AI)
AI is among the important technology trends of all time and has become the go-to tech for companies whether they want to increase customer engagement, boost productivity, or drive digital transformation. Last year the global spending on AI was $35bn, but it’s estimated to reach $46bn this year. By 2020, about 78% of brands will have applied AI, as it’s seen as a savior in redefining normal business operations. This technology growth and change are expected to continue for the next decade and beyond.
Internet of Things (IoT)
The number of devices connecting to the internet is exceptionally increasing by the day. It’s anticipated that over 29 billion devices will be connected by 2020, out of which over 17 billion would be IoT devices. Other than consumer-specific applications of IoT in terms of home automation systems and gadgets, IoT will also see a widespread application in health care to fight counterfeit medicines and in cities surveillance, security, and traffic management systems.
5G Network
While countries like China and the U.S.A have already introduced 5G networks in their infrastructure, 4G tech hasn’t reached some places. The application of 5G networks across countries is so swift and dynamic. The worldwide revenue from the 5G network is projected to hit $4.2bn this year.
CCS Insight predicted that there would be over 330million 5Gconnections by 2021. With the approximated reach of 5G networks, features around the network like privacy regulations, security, transparency in terms of data collection, and usage will also be worked.
Image Credits: My name is Yanick
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