Top Tech Trends to Watch out for in 2022
Most Expected Technological Trends in the Year of 2022
“The meaning of time is that it never stops for anyone”
Another pandemic year has gone by, and we all welcomed yet another year of hope and recovery. In 2021 many tech trends have accelerated in response to the ‘living with Covid’ world. If the past two years have proved anything, it’s that the world needs to adapt quickly to our new reality. To give a perfect startup for 2022, I have hand-picked some of the biggest technological trends to watch out for in this year below.
Advance Automation
Automation tech has entered everyone’s daily lives in different ways and most of us don’t even realize it. Self-driving vehicles, the data cleaning system of your smart devices, and smart home notifications are some basic examples of automation technology. Around half of all existing work could be automated in the next few decades, as next-level process automation and virtualization become more commonplace.
Machine learning and artificial intelligence are becoming one of the key segments and important driving forces for automation in recent years. Hyper automation can already be called a major trend of information technology as Gartner identified it. It’s a possibility to automate almost all processes taking place within a company.
The pandemic has accelerated the adoption of the concept, which is also called digital process automation and intelligent process automation. Aside from hyper automation, there are significant number of new trends are emerging to consider in machine learning, which are rushing to take the forefront in 2022.
Metaverse life
The metaverse refers to a collection of shared online worlds in which physical, augmented, and virtual reality converge. People can hang out with friends, work, visit places, buy goods and services, and attend events. While many virtual worlds exist online, users currently can’t move between them while retaining their identities and assets. The eventual metaverse could solve this problem, turning disparate online worlds into a single, seamless entity.
While it doesn’t technically exist yet, companies like Facebook hope the metaverse will become a place where we go to meet, work, play, study, and shop. This ‘extended reality’ is predicted to be the next evolution of the internet and will blur the lines between physical and digital life. Think in-game purchases, where computer gamers can buy virtual goods and services using real money.
The metaverse has also garnered widespread attention in recent months because of the NFT boom and a recent endorsement from Facebook CEO Mark Zuckerberg. In the past 30 days, NFTs worth $2.1 billion have been sold worldwide, according to Nonfungible.com. Due to these hurry of metaverse, some of the tech CEOs have also started betting on Metaverse as being the successor to the mobile internet. In 2021, CEOs of tech companies from Microsoft to Match Group discussed their roles in building the metaverse. In October 2021, Facebook renamed itself to Meta to reflect its new metaverse focus has made the metaverse go skyrocketing within entire world.
Cybersecurity: Cyber AI
Despite the technological advancements, organizations are still struggling with security breaches in 2022. The cost of cybercrime continues to climb; it’s expected to double from $3 trillion in 2015 to $6 trillion by the end of 2022 and grow to $10.5 trillion by 2025. The average cost of a single data breach in 2021 was $4.24 million, a 10% jump from 2019, according to Deloitte.
Artificial intelligence’s ability to learn and detect novel patterns can accelerate detection, containment, and response, easing the burden on security operations center analysts and allowing them to be proactive. One approach for building a secure infrastructure is the use of distributed ledgers, such as blockchain.
In 2022, the idea of being resilient throughout the supply chain and continuing to operate in the digital space regardless of the physical will become more of a focus. The optimism that we will get back to normal is replaced by realizing that this is the new normal and that organizations have to design their systems and processes to make the most of it.
Cloud Computing
In the last two years, cloud computing has exploded as organizations went virtual and focused on delivering digital services. While cloud computing was gaining traction prior to COVID-19, remote work challenges and resource constraints during the pandemic helped accelerate cloud computing trends.
Industry-specific cloud solutions can enable companies to automate manual tasks and shift their focus to competitive differentiation. Thus, 70% of companies will start using hybrid-cloud or multi-cloud platforms by 2022 as part of a distributed IT infrastructure. It will mean data and processing can be handled in the cloud but made accessible to devices faster.
A growing number of businesses will start examining industry clouds in the next 18 to 24 months, sparking a $640 billion market by 2026, according to a Deloitte technology trends report.
Bio Technology
Steve Jobs once said that the biggest innovations in the 21st century would be at the intersection of biology and technology. It’s no coincidence that as we go into 2022, biotechnology is the focus of many of Jobs’ fellow 20th-century tech visionaries, including Bill Gates and Paul Allen. As with all areas of technology, the global pandemic has accelerated both the development and adoption of biotech, with the hope that it will lead to new solutions for major global challenges, including illness, food shortages, and damage to the environment.
There is, McKinsey said, a “confluence of advances in biological science” that “promises a significant impact on economies and our lives and will affect industries from health and agriculture to consumer goods, energy and materials”.
Propelled by AI, automation Biotech will make headlines for the reasons such as, genetic engineering, genome sequencing, and DNA modification which have been shown tremendous potential in many areas, and the value of the global biotech market is forecast to pass $100 billion in 2022.
The world of consumer technology is forever evolving. From metaverse to blockchain, 2022 is going to witness some major changes in the tech world. Whether if it is in your league or not, we all need to adapt quickly to these new trends in order to live in this reality but only the time will tell if it is worth or not.
