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Top 9 Technology Trends for 2022
The Pandemic has changed lives, and technology has become more digitalised, advanced and personalised.
16:42 01 December 2021
The Pandemic has changed lives, and technology has become more digitalised, advanced and personalised.
This change in technology has led to massive innovations in the fields of shopping, medicine, production, supply chain management, and many more.
Certain prototypes are designed to be implemented in 2022, and they will be tested soon and made accessible to the public.
We have listed a few technology trends that are ready for market expansion and will be launched soon.
If you’re a tech geek and love reading about the latest technology trends and news, make sure you don’t miss the article!
#1. Meta Verse
Imagine you don’t have to use your keyboard and mouse in an online meeting for navigation. Instead, you use your hands just like you’d use them in the real world.
Doesn’t that sound awesome?
A Metaverse is an artificial space where there’s a digital representation of people, interacting, playing games, and having conversations through virtual reality.
In a nutshell, it’s a space where a virtual world exists. It meets the physical world.
Mark Zuckerburg, the founder of Facebook, has a vision of aligning his idea of expanding the Metaverse with Facebook.
#2. Artificial Intelligence
AI is going to expand in the coming years. Many firms are looking forward to expanding their technologies in different industries, including autonomous vehicles, cybersecurity production, and healthcare.
AI has reached a valuation of US $35.92 billion in 2020. It’s expected to hit US $360.36 billion by 2028.
Prominent players in the AI industry in APC include Hong Kong company Customindz, which uses machine learning, classification tools, predictive analysis for fraud detection and marketing purposes.
A Chinese AI company, Autocore, develops autonomous software. Another significant company of Singapore is Taiger.
Taiger offers AI solutions with data-backed insights, better productivity, and customer engagement.
#3. Cloud Computing
The continued presence of COVID has caused a drastic shift for the companies from traditional business to cloud computing.
As per the IT experts, the industry is all set to expand in terms of technology in 2022.
Tech giants such as Amazon and Microsoft are on the edge of expanding their infrastructure by strengthening cyber security and developing hybrid cloud computing.
The market has the potential to hit US $623.3 billion by the end of 2023 as the majority of the companies, i.e. 94% of enterprises, are inclined towards cloud computing.
The big tech giants such as Google, Amazon and Microsoft dominate the platform by providing services worldwide.
However, there are certain significant companies that provide cloud services in Asia.
It covers Singapore’s companyAxiom IT solutions, Thailand’s Nipa Cloud, which provides cloud services across different countries, and City Cloud, which has a branch in Japan.
#4. 3D Printing
The accessibility of 3D printing has massively grown during the pandemic.
The surge in personalised equipment and supply chains has increased the demand for 3D printers.
Due to ongoing demands, analysts believe that the 3D printing market will gradually grow to US$34.8 billion by 2026.
The increase in the cost of raw materials and the limited availability of printers have become the constraints of this technology.
However, the surge in demand and the decline in prices make it more available for professional personal use.
Cyfuse, which is a Japanese startup company, is creating a 3D bioprinter to develop machine’s cellular products to provide better practicability in the medical field.
#5. Medical Robotics
Digitalisation in the medical field has led machines to assist humans.
It’s a trend and has been adopted by most industries.
Undoubtedly, there are tonnes of benefits of using medical robotics in the medical field, such as the lower risk of infection, malpractice, and surgical error.
Health experts believe that the medical robotic market will make the most profit and will surpass the current market of US $16 billion by the end of 2026.
Medicaroid is the first Japanese company to be approved by their country’s health minister to manufacture and commercialize robotic surgical systems.
#6. Nanotechnology
It’s a field of medical robotics whose market is likely to expand and reach US $70.7 billion by the year 2026.
With technological advancement, measuring matter at the nanoscale will soon start dominating in many sectors.
It will not only cover the medical sector but also enhance consumer products, manufacturing, and energy materials. There are odds that it will emerge as one of the prospective trends.
BroadTech Engineering, situated in Singapore, is one of the best Nanotech firms in Asia. It comprises a team of structural engineering consultants who assist their clients in identifying limited obstacles and providing realistic implementation solutions.
#8. Cybersecurity Mesh
Due to the surge in cyber threats, cybersecurity has become one of the most prominent technological trends.
Most companies undermine the importance of cybersecurity, and due to a lack of awareness, they end up underspending on it.
A cybersecurity mesh is a dynamic, composable architecture that connects widely dispersed and different security services.
It improves the overall security and is primarily designed to safeguard information.
It’s reliable and can easily verify identities.
#9. Cryptocurrency
In recent years, cryptocurrency has turned out to be a massive success. It’s believed that it’s going to maintain a prominent position in the world of technology.
However, due to certain restraints such as high carbon emissions and the denial of the Chinese government on increasing mining operations, it has faced multiple challenges in trying to survive in the realm of technology.
Nonetheless, cryptocurrency expert Tim Draper, believes that “it shall remain as the epicentre of global financial activities.”
Many industries are looking forward to accepting payments in cryptocurrencies.
El Salvador has adopted Bitcoin as a legal tender.
Moreover, many crypto firms are working towards expanding the use of cryptos.
The Takeaway
The pandemic has definitely benefited the technology industry in terms of advancements.
The industries are striving towards improving the work environment, enhancing performance, increasing life expectancy, and minimising unnecessary delays between transactions and communications.
The technology industries are constantly growing and building room for extensive developments, massive technological advancements, and growing trends.
Author Bio: Shristi Patni
Shristi is a content writer and owner of F and B Recipes. She enjoys snacking on Paleo Bars or sharing information on topics such as the best lip filler when not working. Formerly the Chief Content Officer at Raletta, she is currently working on her second cookbook.
Gravatar ID: shristipatni@gmail.com
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