Are you a tech enthusiast like me? Then I’m sure you are eager to learn everything about what’s new in the industry. Whether it’s the launch of innovative gadgets or trends that can evolve the industry, you may want to stay on top of tech news.
I recently came across this video on YouTube about upcoming technological trends in 2023. I’d say it was quite informative and I agree with the video creator on some points.
So, let’s discuss the predictions for tech trends 2023 and explore how they can impact our lives down the road.
Trend#1: Artificial Intelligence
Artificial Intelligence has become a reality. We can’t seem to go about our lives without using Siri, Alexa, or other forms of AI. This trend is likely to grow. The AI industry is expected to be worth $126 billion by 2025. After all, businesses are spending over $57 billion annually on the development and implementation of modern AI systems.
The use of AI technology will increase manifold across industries in the upcoming years. These apps rely on real-time data to analyze the scenario and take appropriate action based on data. Ride-sharing apps, phone personal assistance apps, navigation tools, speech assistance software, content creation tools, and data analytics tools – you can see its examples everywhere.
But a major threat that people fear is AI taking over jobs. With AI taking over jobs, will we see an increase in the unemployment rate? And will people struggle to make ends meet due to unemployment?
This is not how it’ll work. AI won’t take over our jobs. Rather it will create new job opportunities. Is it confusing? Then let me explain in detail.
What happened when computer systems were introduced into the banking system? Did they eliminate the need for tellers or did they make it easier for them to work faster and better? The second option, right?
The same is the case with AI. It can provide assistance to the workforce and help them efficiently perform their jobs. In fact, it will help industries get better results.
Trend#2: Robotic Process Automation
Robotic Process Automation (RPA) is certainly a technology that will play an integral role in the future. In fact, you can notice its growth in the past few years.
RPA automates machine learning and repetitive jobs. For instance, it can automate tasks such as customer support and data collection down the road. This way, it will reduce the need to perform repetitive tasks through automation.
In the tech industry, this innovative technology is likely to create new job opportunities. There will be more jobs for programmers and project managers working on RPA development.
There can be many different applications of RPA.
For instance, it can automate order processing for online stores. It can help with employee payroll processing for businesses. Also, it can assist businesses with responding to customer complaints and deciding on the right course of action. To be precise, RPA can assist with improving customer experience.
Trend#3: 3D Printing
Another tech trend to look out for in 2023 and beyond is 3D printing. With 3D Printing, you can construct three-dimensional models of objects.
This innovative technology is changing the medical field for the better. For instance, surgeons can prepare for complex procedures by analyzing accurate 3D models. Also, it can assist with bone replacement surgeries. Now, patients can receive custom artificial bones made of tricalcium phosphate. That’s because the properties of this material are quite similar to human bones.
Further, it can help with the housing problem by producing small houses at cheap rates.
Trend#4: Blockchain
Do you wonder what will be trending in 2023? Then it’s safe to add Blockchain technology to the list.
You may have often heard the terms cryptocurrency and blockchain together. But the application of this tech isn’t limited to crypto only.
With the increasing use of tech devices in every aspect of our lives, data security has become a major concern. But Blockchain can address this challenge. It enables users to safely store data in a secure form. It can digitally process payments through trusted channels. So, it can protect funds from getting lost or stolen.
Further, it can streamline business processes and improve safety. From supply chain to HR management, it can boost efficiency and promote trust among stakeholders.
Trend#5: IoT
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The Internet of Things (IoT) is the technology of today and tomorrow. By 2030, over 50 billion devices will be connected with IoT. It connects devices via the internet, enabling them to transfer information.
For now, the technology is in its early stages. But it will rapidly grow in the upcoming years. It can revolutionize home security by letting you control entry points of your home. Also, you can monitor electronic home appliances for safety purposes and control their use even when you aren’t home.
For instance, a Blink Mini system can help you with home safety. Monitor indoor premises and get alerts when someone rings your doorbell. Control the device with your smartphone. Also, you can communicate with people at home with a subscription plan.
Further, this technology can help you monitor your vehicle’s condition. Through data from sensors, you can find out whether your car needs maintenance. Also, IoT may be able to connect you with other vehicle drivers on road. But this development may take time.
Trend#6: Super Apps
Have you ever used WeChat app or heard its name? Initially launched as a messaging app, it has now transformed into a complete lifestyle. And super apps like WeChat by Tencent will be all the hype in near future.
Super Apps create an ecosystem of their own. For example, you can communicate with your network, make online payments, enjoy mini-games, monitor your health and fitness, and do much more. Other prominent examples of super apps are Microsoft Teams and Slack.
Digital marketing mediums are expanding features to add value to users. Thus, super apps will gain more popularity in 2023. By offering a wide range of options, these apps can compete in the crowded digital space. Also, they can benefit users while increasing their revenue potential.
Technological Trends in 2023 #7: 5G Technology
When it comes to predictions for technological trends in 2023, we can’t ignore 5G technology.
Who doesn’t enjoy using lightning-fast internet? You can browse the internet faster and watch TV shows without getting irritated with slow loading. But aside from speed, this futuristic technology can benefit users in many ways.
5G ecosystem offers better connectivity at much lower cost and latency than its predecessors. It is reliable, making it easier for individuals to stay connected. As for businesses, the 5th generation network helps improve customer experience.
From healthcare to agriculture, logistics, and education, 5G can positively influence every field.
Technology is ever-evolving. Let’s see what 2023 holds for us! What is your opinion on tech advancement and tech trends in 2023? We are eager to hear from you.