1. Artificial Intelligence (AI)
The AI market will grow to a $190 billion industry by 2025 with global spending on cognitive and AI systems reaching over $57 billion in 2021. With AI spreading its wings across sectors, new jobs will be created in development, programming, testing, support and maintenance, to name a few.
2. Robotic Process Automation
RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails. RPA automates repetitive tasks that people used to do.
3. Virtual Reality and Augmented Reality
The next exceptional technology trend – Virtual Reality (VR) and Augmented Reality (AR), and Extended Reality (ER). VR immerses the user in an environment while AR enhances their environment.
Although most people think of blockchain technology in relation to cryptocurrencies such as Bitcoin, blockchain offers security that is useful in many other ways. In the simplest of terms, blockchain can be described as data you can only add to, not take away from or change.
The next technology trend is 5G. Where 3G and 4G technologies have enabled us to browse the internet, use data-driven services, increased bandwidths for streaming on Spotify or YouTube and so much more, 5G services are expected to revolutionize our lives.