Significant changes are taking place in the current business world. With each passing day, the speed of development accelerates even more. Technology, which is also changing how businesses operate, is at the heart of these massive evolutions.
This article will look at the top ten technology trends for 2022. These are expected to have a significant impact (some already have) on businesses this year (and in the years ahead).
1. Mobility in Life Science Technologies
Life sciences include pharmaceuticals, biotechnology, microbiology, environmental science, biomedicine, nutraceuticals, neuroscience, cell biology, and biophysics. 2021 has fostered significant advancement in life science technologies due to increased spending on mRNA vaccine technology and high-performance Covid-19 testing.
mRNA-based vaccines created by Pfizer-BioNTech and Moderna are two examples of this invention. In addition, Merck’s recent Covid medication breakthroughs have also accelerated the life science business.
Looking ahead, I anticipate considerable activity in various life science sectors, including advanced research, robotics technology application; artificial intelligence (AI) tools; cloud technology use; drug testing speed enhancement; genetic information integration, and gene technology usage. We also anticipate the advancement of tailored medicine due to advances in genomics technology. For example, 23andMe enables consumers to access, understand, and benefit from the human genome.
2. Expansion of 5G-6G and Satellite-Based Internet Usage in Networking and Interconnectivity
As remote working becomes prevalent, internet reliability becomes more crucial than ever. Additionally, advancements at all levels of the internet network will continue to fuel research and advance the internet economy. Finally, the internet has become a more important part of our lives with the IoT.
Based on Cisco’s Visual Networking Index estimate update for 2018, there will be 1.4 billion more internet users in 2022 compared to 2017. This amounts to over 60% of the world’s population, assuming an eight-billion-person population in 2022.
While 5G is still in its baby stages, 6G will take precedence in 2022. In 2018, China began 6G research. By late 2020, the nation has deployed a satellite to test terahertz signal transmission. Both Huawei and ZTE were present. The Federal Communications Commission (FCC) made a higher frequency spectrum available for practical usage in 2018, launching off 6G research in the United States. The Next G Alliance was founded in 2020, with Apple, AT&T, and Google as initial members. Korea, Japan, and other European countries have begun to seriously investigate 6G, with additional announcements coming in 2022. Huawei and ZTE were both presents. The Federal Communications Commission (FCC) made a higher frequency spectrum available for practical usage in 2018, launching off 6G research in the United States. The Next G Alliance was founded in 2020, with Apple, AT&T, and Google as initial members. Korea, Japan, and other European countries have begun to seriously investigate 6G, with additional announcements coming in 2022.
3. High-Performance Computing Has Entered the Mainstream
With the recent expansion of big data-based research and analysis and cloud-based computing, I foresee a surge in high-performance computing utilisation in 2022. As a result, high-performance computing will become increasingly vital in domains ranging from drug development to cancer research to space exploration, and quantum computing technologies will need to keep up with industry demand.
Big players such as Google, IBM, Microsoft, Amazon, and Alibaba have already made significant progress in the quantum computing sector. In addition, startups like Rigetti Computing, D-Wave Systems, ColdQuanta, 1QBit, Zapata Computing, and QC Ware have outperformed the industry in technology and growth.
I anticipate strong advancement in quantum computing throughout 2022, owing to the high need for more powerful machines, which will boost development in this field in the coming year; we may expect to hear about new advancements in huge qubits. Commercial quantum computing will be available shortly, and advances will emerge rapidly.
4. Continued Growth in AI, Big Data Analytics, and Cloud Computing
AI is now an integral part of our lives. In 2022, we will witness the usage of artificial intelligence everywhere, from customisation upgrades, ranking search results, recommending things, understanding and managing gadgets, to building better models of the environment and automating sectors.
Predictive analytics is now getting used by businesses to forecast future trends. According to Facts & Factors, the worldwide predictive analytics market is predicted to reach $22.1 billion by the end of 2026 at a compound yearly growth rate of roughly 24.5%.
5. Internet security and privacy thrive.
As the world grows more digital, we see increased personal and corporate cyberattacks worldwide. Several firms have recently been the victim of massive cyberattacks, and businesses have grown more vulnerable to devastating assaults, in part due to more remote labour as a result of the epidemic.
I anticipate that cyberattacks will occur across industries in 2022 and that the industry will employ a range of countermeasures. Defending against cyberattacks will entail training individuals to recognise and prevent network attacks, protecting their reputation.
Using AI, comprehensive cybersecurity policies will be easier, less costly, and more effective than ever before. In addition, the use of AI can enable cybersecurity to detect dangers and learn the habits of hackers, so averting future assaults. It can also dramatically shorten the time it takes cybersecurity professionals to complete their everyday work.
Only a few firms have made a real investment in the metaverse at this time. ByteDance, Tencent, Facebook, Spotify, Zoom, Amazon (Twitch), Alibaba, Roblox, Bilibili, Snapchat, Kuaishou, and Huawei. Apple’s wearables allude to the metaverse as well, with AR glasses on the way. When it comes to the metaverse, Microsoft is perhaps the most technologically sophisticated company globally, thanks to Microsoft Teams and gaming. The capacity of WeChat to permit payments and access to a range of services marks the beginning of the metaverse super applications.
I predict the metaverse ecosystem will directly impact the future of several technology areas as it grows in 2022. For example, gameplay, wearable tech, VR and AR, collaborative productivity (Canva, Slack), customer tech products (such as AR glasses or smart speakers), social media, edu-tech, health tech, communication tech (Zoom), digital currencies, convenience mobilisation, and on-demand consumption are some examples (Amazon, Meituan, Alibaba, JD.com, Shopify).
6. Rapid Bloom in NFT Platforms
NFT (A non-fungible token) is a digital entity consisting of computer code and data that communicates possession of something. The asset might be virtual real estate in the digital realm or unique gear in a video game. It might also be actual: real estate, a picture, or a musical ticket. An NFT can also be a blend, such as the right to decide who can rent a room in a shared living space. A lottery ticket, Ronaldo’s first ball, a classic car, or a plot of land in Central America are all one-of-a-kind items that may be transferred to the NFT.
In 2022, we may expect to see NFTs in movies, TV series, novels, and other media. This is because NFTs are now a part of the digital economy. They are growing more popular because they allow consumers to own something that symbolises a piece of something larger than themselves, like art/character. The digital economy includes many online marketplaces, such as game economies, virtual real estate, and even social networking platforms such as Facebook.
Our society has evolved dramatically in the last decade, owing mostly to the 2008-2009 economic crisis and the pandemic. These tendencies combine to produce a world where NFTs will outperform traditional collectables, making 2022 a fantastic year.
7. The Robotics Industry Will Expand
We predict a spike in the use of robots in everyday life by 2022. Robotics-based technology will improve health care, agriculture, automotive, warehousing, and supply chain management as it advances.
The Covid-19 pandemic poses obstacles and opportunities for logistics and supermarket robotics firms. Unexpected supply system restrictions and product shortages have highlighted the need of enhancing supply chain efficiency. It has also become evident that robots and automation provide a safe approach for industries to keep employees socially segregated while still operating.
The usage of robotics process automation (RPA) aids in the automation of repetitive tasks; we anticipate that RPA will expand in 2022 and become a mainstream corporate technology. According to CIO, chief information officers utilise RPA to relieve employees from tedious, repetitive jobs and empower them to conduct more satisfying work. Finally, there is an increase in nanorobotics, small sensors with limited computing power. The first practical use of these nanomachines might be in nanomedicine. Biological devices, for example, may identify and destroy cancer cells while also transporting drugs.
8. Increased Significance of Renewable Energy Technology
Climate change and catastrophic news headlines drive a fast rise in renewable energy use. During the epidemic, this was the only energy sector that expanded. According to the International Energy Organization (IEA), green energy was created and utilised 40% more in 2020, with the agency expecting a continuing increase in 2022. The lowering cost of developing renewable energy also helps to drive wider adoption. Whilst newer energy technologies like nuclear fusion, biofuel, and liquid hydrogen may take longer to mature, we expect considerable progress by 2022.
We also foresee a significant increase in the production and use of solar and wind technology. In addition, storage (battery) technologies are becoming more important, as there will be a greater demand to store renewable energy.
To the Future
As the globe recovers from the Covid-19 epidemic, there is no doubt that these and other technologies will progress rapidly by the end of 2022. I see this as a golden ticket for clever entrepreneurs, organisations, and investors to leverage on developing technology and business trends to become more successful than ever before. Let us hope that the resultant innovation improves the world for individuals and corporations alike.