People all over the internet are predicting the trends that will take a big-time takeoff in next 10 years. – But what about the next 5 years? The year 2022 is just around the corner and will be here before we know it.
Here are 6 Trends that will see a big time in the next 5 years.
1. Artificial Intelligence (AI)
Artificial Intelligence is not a new thing in the digital world. It’s in the market for almost last 15 years but was avoided. But nowadays, it’s trending hot. We all have used some sort of AI product in time. But Siri, Alexa, and Virtual Assistants are becoming part of our daily life and are becoming more important day by day and consumers are now accepting this AI-powered service open heartily.
This has started a revolution in business worldwide to deploy AI in-order to increase the user experience.
2. Internet of Things (IoT)
In past 2-3 years, we have seen a slow but increasing trend in IoT(Internet Of Things). This is a concept of integrating everyday routine objects with the internet.
Imagine you are 20 meters away from the garage and the door open up itself, you enter your house and the coffee maker starts and brews a perfect cup of coffee for you.
The next gen-era of the intelligent things is here, and it’s about to grow damn big in the next 5 years, $7 Trillion will be spent on the IoT in coming 5 years and about 24 billion, yes the big B devices will be installed by the year 2020.
3. Edge Computing
Edge computing is simultaneously increasing with the AI and IoT. Edge computing is the innovative concept that is enabling smooth processing of data between AI and IoT devices. This so-called Edge-IoT partnership model is proved to be revolutionary and soon enough will capture all the business and industries. As they will need it to provide a cutting-edge customer service.
4. Cloud Computing
Cloud storage is already one of the biggest trends right now. And as long as big enterprises have data to store, the cloud will stay. Companies and organizations are adopting the cloud base storage to store the massive amount of data and attain maximum data security. As per today moving to cloud space is a strategic investment and around 70% of the companies are planning to move to cloud-based data storage in next 5 years.
5. Advanced Analytics
Big data has already taken the world by storm and most of the companies have already reached the data saturation stage. With growing volume of the data, there’s a big need for smart and advanced analytics. Analytics is something that gave the true meaning to the big data and it enables the precise decision making. The upcoming year will see a huge wave of rising in the data analytics.
The entire world is going crazy over bitcoin and another cryptocurrency. While it’s an alien term for many but the virtual currency is the biggest in the world. It made people billionaire, it’s on downtime for right now but the future of this blockchain technology is very bright. Blockchain was initially designed for the accounting and verification of digital currencies and was in town from past decade but took a great pace in 2018.
Simar is a short story author, novelist, and award-winning digital marketer. he has work appearing or forthcoming in over forty venues, including Jaguar, BMW, and maxabout. When he’s not frightening strangers with his writing, he’s most likely frightening his colleagues and their office pets. You can visit him at his Digital Marketing Blog