Life is returning to normal as more people are vaccinated against Covid-19. However, the world we knew before the pandemic has changed. Since this global crisis has been ongoing, customers’ needs and daily routines have evolved as a result. As a result, I expect the world in 2022 and beyond to look very different. In the coming year, we’ll look at the top 10 technology and business trends that we can expect.
Momentum in the field of life sciences
Pharmaceuticals, biotechnology, environmental sciences, biomedicine, nutraceuticals, neuroscience, cell biology, and biophysics are all part of the life sciences industry. The year 2021 has seen a lot of advancement in the field of life sciences, thanks in part to increased funding for mRNA vaccine technology and high-performance Covid-19 testing.
Pfizer-BioNTech and Moderna both developed mRNA-based vaccines as examples of this type of innovation. Merck’s recent Covid drug developments have also pushed the life sciences industry forward at a rapid pace.
Advanced research; use of robotics technology; artificial intelligence (AI) tools; cloud technology; drug testing speed improvement; integration of genetic information; and use of gene technology are all expected to play a major role in life science innovation in the coming years. I also believe that genetics technology will lead to the development of personalized medicine in the future. For example, the start-up 23andMe helps people gain access to, understand, and benefit from, their own genomes and other genetic information.
Interconnectivity and Networking: The Expansion of 5G-6G and the Use of Satellite Internet
As more people work from home, the reliability of the internet becomes more important than ever. The internet of things (IoT) makes the internet a more integral part of our lives, and developments at all levels of the network will continue to drive research and propel the internet economy forward. IoT.
1.4 billion more people are expected to use the internet by 2022 than there were in 2017, according to Cisco’s Visual Networking Index 2018 forecast update. Assuming a global population of eight billion by 2022, this represents nearly 60% of the world’s population. There will be 11 times as much IP traffic in 2020 as there was in 2012, with 437 exabytes of data being consumed annually by internet users.
While 5G may still be in its infancy, we can expect a greater emphasis on 6G by 2022, when it comes to mobile networks. China began 6G research in 2018 and has been working on it ever since. The country plans to launch a satellite to test the transmission of terahertz signals by the end of 2020. Involved was ZTE, Huawei, and ZTE In 2018, the Federal Communications Commission (FCC) opened up experimental use of higher frequency spectrum in the United States. Several tech giants have joined the Next G Alliance since its inception in 2020. It’s safe to assume that by the year 2022, 6G will be a major topic of discussion across the world.
Mainstreaming High-Performance Computing
I expect high-performance computing usage to increase in 2022 as a result of recent growth in big data-based research and analysis and cloud computing. High-performance computing will become increasingly important in a variety of fields, including drug discovery, cancer research, and space exploration.
Google, IBM, Microsoft, Amazon, and Alibaba have already made significant progress in quantum computing. Rigetti Computing and D-Wave Systems are two examples of startups that have exceeded industry expectations in both technology and growth.
Quantum computing is expected to make rapid progress in 2022 due to the high demand for greater machine power. In the new year, we can expect to hear about major developments in qubit technology. Soon, commercial quantum computing will be possible and new breakthroughs will occur at a rapid pace.
Artificial Intelligence, Big Data Analytics, and Cloud Computing A.I. have become an integral part of our daily lives. As we look ahead to 2022, we see AI being used in a wide variety of ways, from better personalization, ranking search results, recommending products, and understanding and controlling devices, to building better environmental models and automating industry.
Predictive analytics is becoming increasingly popular among businesses as a means of predicting future trends. According to Facts & Facts, the global predictive analytics market is expected to reach $22.1 billion by the end of 2026, a compound annual growth rate of 24.5 percent.
We will also see massive growth in cloud computing. It is expected that by 2022, the cloud will be firmly established and more computing tasks will be performed on the cloud. Inevitably, the rise of the internet of things will amplify this trend. Gartner predicts that in 2022, global cloud service spending will rise from $314 billion to over $482 billion.
Security and Privacy Rule the Internet.
There is an increase in the number of cyberattacks on individuals and organizations all over the world as a result of the digital transformation. A number of large corporations have recently been the victims of major cyberattacks, and businesses are increasingly at risk because of the spread of the pandemic.
During the year 2022, I expect to see a wide range of cyberattacks and countermeasures taken by the industry. In order to protect businesses from cyberattacks, individuals must be educated on how to recognize and avoid network attacks, thus protecting their company’s reputation.
A.I. will make it easier and cheaper than ever to develop and implement effective cybersecurity protocols. The use of A.I. can enable cybersecurity to spot risks and learn the behaviors of cybercriminals, thus preventing prevent future attacks. In addition, it can speed up the workdays of cybersecurity specialists.
2020 Will Be a Magnificent Year for the Metaverse
It is possible for virtual users to interact with each other in a metaverse, a digital world that combines social media with online gaming as well as augmented reality and virtual reality. It is possible to include AR’s offerings within the metaverse. Described as “metaverse,” virtual space in the future will allow users to engage in a wide range of activities and projects, including employment.
There is a high expectation that the metaverse will be immersive, ubiquitous, and free to use. In the digital age, it’s likely to include entertainment, social interaction, increased productivity at work, and even large-scale behavior modification. A whole ecosystem of developers, apps, ads, and new digital innovations will be created. Access to services in the metaverse will be frictionless and convenient for consumers.
Metaverse stakes currently belong to just a handful of companies. Among them are ByteDance, Spotify, Zoom, Amazon (Twitch), Alibaba, Roblox, and Snapchat. Apple’s wearables, including the upcoming AR glasses, hint at the metaverse. Microsoft is the most metaverse-advanced company because of Microsoft Teams and gaming. With WeChat’s ability to process payments and provide services, the metaverse super apps have begun to take shape.
In 2022, I believe that the growth of the metaverse ecosystem will have a direct impact on many technology sectors. Gaming, wearables, VR and AR, collaborative productivity (Canva, Slack), consumer tech products (such as AR glasses or smart speakers), social networks, educational technology, health technology, communication technology (Zoom), digital currencies, and convenience mobilization and on-demand consumption are all examples of these technologies (Amazon, Meituan, Alibaba, JD.com, Shopify).
The NFT Platforms Will Boom
NFTs (Non-Fungible Tokens) are digital objects that convey ownership of something through computer code and data. The property may be digital, such as in the form of digital real estate or specialized video game equipment. If you prefer, it’s possible to purchase something tangible, such as real estate, a painting, or a ticket to a concert. As an example, the right to decide who is allowed to live in a cooperative living space can be an NFT/HFT hybrid. This includes a baseball card, Ronaldo’s first ball, a vintage car, or even a piece of land in Central London.
In the year 2022, we can expect to see NFTs in a wide variety of media, including films, television, books, and other works of fiction. As part of the digital economy, NFTs allow people to own a piece of something larger than themselves, such as an artwork or a fictional character. This makes NFTs more mainstream. Games, virtual real estate, and even social media platforms like Facebook are all part of the digital economy.
The 2008-2009 economic crisis and the pandemic have had a significant impact on the rapid transformation of our society during the last decade. In 2022, NFTs will overtake traditional collectibles, making this a tremendous year for the industry.
The Robotics Industry is Set to Grow
For the year 2022, robotics are expected to become more commonplace. Robotics-based automation will be used in a variety of industries, including healthcare, agriculture, automotive, warehousing, and supply chain management.
Robotics companies in the logistics and supermarket industries face both challenges and opportunities due to the Covid-19 pandemic. The need for improved supply chain efficiency has been brought to light as a result of supply systems experiencing unexpected strains and product shortages. Robots and automation, on the other hand, provide a safe way for manufacturers to keep their employees socially isolated while still allowing the business to function.
Robotic process automation (RPA) is a technology that automates routine tasks. By 2022, we expect RPA to be widely used as a standard in the business world. CIO reports that CIOs are using RPA to free workers from tedious, repetitive tasks and allow them to focus on more meaningful work. When it comes to nanorobotics, we’re finally seeing a rise in the development of tiny sensors that have limited processing power. Nanomedicine may be one of the first areas where these nano-machines can be put to good use. Cancer cells can be detected and destroyed using biological machines, for example.
Growing Need for Renewable Energy Technologies
Sustainable energy use is exploding as a result of global warming and other recent headline-grabbing events. This has been the only area of the energy market to expand during the pandemic. The International Energy Agency (IEA) predicts a 40% increase in green energy production and consumption in 2020, with further growth expected in 2022. Mass adoption is more likely due to the decreasing cost of generating sustainable energy. Despite the fact that new energy technologies like nuclear fusion, biofuels, and liquid hydrogen may take longer to reach their full potential, we are optimistic that significant progress will be made by 2022.
In addition, I believe that solar and wind technology will experience rapid expansion in both production and application. Since renewable energy will need to be stored more frequently, storage (battery) technologies will play a larger role.
Cryptocurrency Prevails
It is possible for companies to track transactions and conduct business with unknown parties using the blockchain, a cutting-edge distributed ledger technology. Additionally, the append-only data structure provides transparency, security, immutability, and decentralization. This new capability significantly reduces business conflicts.
From gaming and governance to financial services, many industries have been transformed by blockchain technology. According to International Data Corporation, businesses will spend nearly $6.6 billion on blockchain solutions in 2021, up 50% from the year before. In 2024, this figure is expected to rise above $15 billion. In 2022, blockchain will become more important because of the rise of NFTs and the metaverse.
According to Statista, the global blockchain technology market is expected to grow to more than $23.3 billion by 2023, which is a huge opportunity for businesses to get involved. Walmart’s supply chain database application is a notable example of current blockchain implementation, allowing for the tracking of individual products all the way to their source. Amazon Web Services will offer distributed ledger solutions to its customers as part of its 2019 blockchain initiatives.
