Today, the lines between imagination and reality seem to be fading every day as
technological breakthroughs have become the new normal. Human settlement on Mars
doesn’t sound crazy anymore, nor does 5G Remote Surgery appear to be a distant dream.
However, a lot has changed recently due to the outbreak of COVID-19 making us realize that
today our existence is utterly dependent on technological advancements and catching up with fast-moving trends to support virtual and contactless environments. Some of these trends are immutable and will continue to shape the technological developments further. In this article, I will outline the 7 key technology trends that are believed to shape the year 2021.
1. Artificial intelligence (AI) and machine learning.
The increasing ability of machines to learn and act intelligently will absolutely transform our
world. It is also the driving force behind many of the other trends on this list. Currently, the
worldwide trends show that decent jobs and formal sector job creation are prolonged as the
pandemic has hit businesses, and recovery will take time. However, it’s a winning bid to say
that AI is going to permeate every job sector in the future. We will see new career paths in the field of Machine learning, Data mining, and analysis, AI software development, program
management, and testing in the next 10 years. The demand for AI certified professionals will
surely grow along with the developments in AI.
A sense of appreciation for AI can be developed from the fact that AI also emerged as a hero at the time of COVID-19 where the researchers attempted to use Artificial Intelligence for COVID-19 drug discovery and vaccine development. So, it won’t be a hype to assert that AI worth us more than what a sword means to a warrior.
2. The Internet of Things (IoT)
This domain witnessed a growth explosion in the last decade and the rise of IoT will not stop in 2021 either. Its current applications are in smart home systems(such as smart refrigerators,
smart home cleaners, smart cooking appliances, and the list goes on), remote health
monitoring and emergency notification systems like wearable health monitoring bands, industrial process monitoring systems, agricultural processes monitoring systems and other
such numerous examples that are difficult to list all together.
IoT will be among the most in-demand tech fields of 2021. The IoT hardware and software
marketplace is expected to grow to $520 billion in 2021. This figure is roughly equal to 67 times of our current world population which is 7.8 billion. Forecasts suggest that this figure will grow to around 1.6 trillion by 2025!
These numbers are huge and breathtaking and IoT is surely going to get even more fascinating from here. It is predicted that by 2025 Internet will become a basic human right and this will open new possibilities for the world of IoT which awaits approximately 4,800 devices to get connected to the network by the time you finish reading this line. Ten years from now, the figure will mushroom to 152,000 devices getting connected per minute.
3. Cyber Security
The day computers started storing our data, was the when day cyber security was born. It has
always been the most crucial field because it covers everything that pertains to protecting our private and sensitive data from theft and damage attempted by hackers and criminals.
Cybersecurity risk is increasing as we adopt cloud services to store sensitive data and personal information and run our applications. Other dangers are driven by global connectivity methodologies that are emerging in response to the consternation of remote working styles at the time of pandemic. As a result, cyber criminals grabbed a chance of attacking systems and steal or misuse data by taking advantage of any loophole that is left disregarded. 2020 already saw a 37 percent increase in cyberattacks. The need for cyber security has now penetrated from enterprises to individuals. A rise in cracking of personal data from social media and terrible misuse thereafter has alarmed us to take immediate actions so as to prevent any damage from manipulation and misuse of sensitive data.
4. Low-Code Development
The Low-Code Development platforms are the easiest and apparently more efficient way of
Application development with rapid application delivery, minimal hand-coding, and quick
setup and deployment. Apps built with low-code platforms help organizations become more
agile, perform automated testing easily, decrease development costs and increase productivity and user experience. Remote development of applications appeared difficult for companies last year because of work from home(WFH) but the use of Low-Code Development helped them solve various complex development problems in their way.
In fact, it is predicted that in the next 5 years over 70% of medium to large enterprises will be
using low code as a strategic application platform. Forrester Research predicts an 8% annual
growth rate to hit the low-code market in 2020. More to come in 2021 as expected revenue will reach $7.7 billion.
It is estimated that Blockchain technology has been adopted by more than one-third of the
companies in the world (approximately 6 billion companies) and demand for blockchain
developers is rapidly increasing. Blockchain technology provides one of the most secure online transactions. It uses decentralized ledgers to keep transaction records. The record of
transactions is kept in a peer-to-peer network (P2P). There is no central authority needed to
confirm the transactions. The transactions are verified by the participants in peer to peer
networks (P2P). This is a one stop solution to many problems like cyber threats and frauds
during data transactions, centralised data storage and involvement of middlemen in
transactions. Worldwide spending on blockchain solutions is expected to grow from 1.5 billion in 2018 to an estimated 15.9 billion by 2023.
6. 5G Technology
We are living in this amazing time of computers and the internet. A slow internet connection is the worst nightmare to many of us. 5G wireless technology is thus meant to deliver higher
multi-Gbps peak data speeds and ultra low latency. It has massive network capacity, increased availability, and a more uniform user experience. This is the innovation that has made remote surgery for people living in rural and less developed areas appear possible. It aims to bring in advanced medical facilities in such areas where there are only limited residing doctors and medical infrastructure. It is amazing to imagine that surgeries would now be performed by a doctor on a patient lying thousands of kilometers far away.
7. Medical Technology, MIoT and Bionics
Medical technology can be defined as the application of technology to develop solutions to
health problems or issues such as the prevention or delay of onset of diseases or the promotion and monitoring of good health. As a result of the pandemic technologies such as telemedicine, tracking apps and AIoT focused health applications, this is a field that is going to blossom.
There are various researches going on to make Bionic or electromechanical body parts
affordable and of high performance.