The tech space is growing at a lightning pace today – much faster than humans and businesses! As business owners or managers, you must stay updated with all the latest happenings in the tech town.
The year 2022 brought a fresh wave of new technological breakthroughs, innovations, and trends. We saw the rise of the Metaverse and experienced the growing importance of Artificial Intelligence and Machine Learning.
Keeping pace with these technological trends is essential for growing your business and staying relevant in today’s highly competitive corporate world (it is good for your general knowledge too!) So, whether you are a business manager, a budding entrepreneur, an IT professional, or someone who simply loves technology, this article is for you!
Today, we are going to walk you through the top five technology trends of 2022 and how they are changing our personal and professional lives. Read on!
1. Artificial Intelligence and Machine Learning are gaining more prominence in every industry
Today, AI and Machine learning have found a permanent place in almost every industry. Businesses are now leveraging advanced AI capabilities to improve their operations and provide better services to their customers.
Trends like natural language processing and machine vision have become very prominent today. Now, machines can comprehend our language and dialect and can even talk back to us. While Siri and Alexa have always been popular examples of this, more and more businesses are leveraging advanced language processing abilities in their operations.
Similarly, with the help of machine vision, electronic devices are now capable of recognizing different objects from photographs and videos. Popular examples of this include facial recognition, signature identification, language translation, and more.
2. The 5G is here to speed up our lives!
5G is also a huge trend this year. It is estimated that the 5G technology will cover one-third of the globe’s population by 2025. 5G will not only boost our bandwidths, but it will also promote advanced technologies like IoT, AR/ VR, improve the gaming experience, and offer better security!
Tech giants like Apple, QualComm, and Verizon are all working to implement 5G in their applications. With the ever-increasing use of mobile devices, 5G technology will truly revolutionize the way we consume data right now.
3. Virtual Reality and Augmented Reality- a new way to experience the world
Virtual Reality (VR) and Augmented Reality (AR) are two phenomenal technologies that are becoming mainstream today. We can expect to see more of these technologies in our devices and our lives. It is estimated that the global VR and AR market will grow to $209.2 billion by the end of 2022.
While Virtual Reality provides a fully immersive experience to the users. On the other hand, AR enhances the users’ existing environment. Snapchat filters and games like Pokémon Go, are excellent examples of Augmented Reality.
This year, we can expect to see superior, lighter, and more compact VR devices that will give us a better experience on the go! Similarly, AR will also find more usage in the media, online marketing, and entertainment industries.
4. Make better decisions with Decision Intelligence
Decision Intelligence is another emerging technology that you should watch out for. Decision Intelligence is an advanced approach that helps businesses in improving their decision-making approach.
A Decision Intelligence model leverages a set of well-defined decisions and it learns from it with the help of Machine Learning algorithms and smart analytics. A well-developed Decision Intelligence model can refine the human decision-making process and has the potential of automating it in the future.
The Metaverse is all set to bring the biggest evolution in the social connectivity realm. It is a 3D virtual realm where both humans and businesses can exist in the form of digital avatars. They socialize, work, shop, trade, and do almost everything there.
People can enter this magical realm with the help of VR headsets and other similar devices. With the help of blockchain technology, they can also own digital assets like NFTs in the metaverse.
The Metaverse is a very new concept and brands are still figuring out their places in it. While it will definitely take time to make more sense of this new realm, we can certainly say that the Metaverse is here to stay!
So there you go! These are our top 5 technological trends you must keep an eye on in 2022 and beyond. These trends are changing the way we see and perceive the world. They are bringing massive improvements in almost every industry. While we cannot accurately predict the future, one thing is certain: these technological trends will continue to offer promising growth opportunities to both individuals and businesses.
Tracy is the Design Manager here at Redwood Creative. She’s been designing amazing graphics and web layouts for large and small businesses for upwards of 7 years.