Top 5 Trends on Technology in 2022

New technology and tools are evolving, and new versions of existing ones are releasing, so you must keep your eyes on the future to know which skills you should learn to secure a safe job. IT Professionals are updating their skills according to the job description posted on all major job portals. In this blog, you will learn the Top 5 Latest Technologies of 2022 and the year to come, as these technologies are making a considerable impact on the future.

1.  IoT (Internet of Things)

2.  Robotic Technology

3.  AI (Artificial Intelligence)

4.  Virtual Reality (VR) and Augmented Reality (AR)

5.  Blockchain

1. IoT Is Providing Better Quality Of Life

People are depending on IoT for their daily life. Research experts of Customer Electronics said 11.57 billion people have IoT devices worldwide, and this figure will rise to 25.44 billion in 2030.

IoT assists such as automation of daily tasks, monitoring, control, time and money savings, more information, and machine-to-machine communication and interaction. IoTs’ smart products of the new era like self-driving cars, smart devices (sensors, speakers, and thermostats), Alexa, and Google Home are providing benefits to the consumers.

A survey on IoT benefits to the business showed 25% higher productivity with a fall of 13% cost and an 11% increase in profit. You can say that IoT-connected products are elevating the value of creation to new altitudes for smart buyers.

2.  Robotic Technology

Robotic Technology Is Taking Over the Globe

Collaborative Robots or Cobots are changing the game as robotic technology evolves. Robots of any size, form, and function are being designed for the present generation and upcoming ones to make living easier by minimizing the workload in a small space.

Around 2.7 million robots are operating around the industries as room deliveries in the resorts, hotels, and residences. If you are looking to your future as an IT professional, then RPA (Robot Process Automation) developer is the best career as an RPA Developer earns $109,502 per year. Robotics Technology is improving its functionality, and it will continue to expand and affect the lives of billions of people worldwide.

3.  AI (Artificial Intelligence)

The Revenue from Global Artificial Intelligence (AI) Market Will Reach Half A Trillion US Dollars By 2023

Research Expert of the Consumer Electronics Industry Lionel Sujay said that Global Market will generate income of more than half a Trillion US Dollars from Artificial Intelligence in 2023. Data breaches are the prime concern of brands and consumers because the world is migrating online.

AI takes large data sets and analyzes them more quickly than a human. It can analyze the behavior of customers because AI scans the purchase history of consumers. Digital Marketing professionals can use AI to predict customers’ next move and provide the service right when they need.

4.  Virtual Reality (VR) and Augmented Reality (AR)

This Trend Has Gained Ground In E-Commerce.

Virtual Reality (VR) and Augmented Reality (AR) are the next technology trends as they immerse the user in an imaginary world for entertainment. This technology are used in gaming and training so far, and we are expecting it will further integrate into our lives as this modern technology generates realistic images, sounds, and sensations.

The demand for VR devices has grown 16 times in the year 2018 to 2022, and is expected to increase to 68.6 million units in 2023. Furthermore, it has gained ground in e-commerce as it influences the buying decision of customers and can lift online shopping conversion by 17%.

5.  Blockchain

Blockchain Technology Will Grow More Than $23 Billion in 2023.

Brands have to try out blockchain technology to be ready for the coming evolution of a more decentralized web. Blockchain, a technology that reserves data using peer-to-peer networks is already providing numerous benefits, a popular example of blockchain is Bitcoin.

Blockchain is used in different sectors like health care, public service, supply chain, and manufacturing. This technology reduces costs and transaction settlement duration and enhances cash flow. Global Blockchain Technology is predicted to grow to around $23.3 billion by 2023, and businesses are stimulated to start studying blockchain trends. You can make your career as a blockchain developer and earn $109,071 per year.

Conclusion

If you want to achieve a competitive advantage, and boost agility and operational innovations, then these technological trends are permanent and will use increasingly in coming years.

Azra Rasheed
I am a Research Associate with M.Sc. in Physiology. A passionate content creator who is gingerly with creativity and fabulous piece to maintain high retention rate.