In today’s fast-moving digitalized world, technological innovations are taking place in the blink of an eye. Thus, 2022 also shall bring in a wave of newer trends and applications of such technologies. Here are some trends we can expect in 2022 and beyond:

AI-Enabled Automation/ Hyper Automation

Al is well-known for allowing automation in a variety of industries. Hyperautomation allows most procedures to be automated, minimizing human interaction and speeding up operations, which is extremely useful to organizations. Hyperautomation will become more widely adopted in 2022 and beyond in sectors throughout the world.

Decision Intelligence (DI) On The Rise

Artificial intelligence, machine learning, and other decision-making technologies enable firms to make data-driven, intelligent, and faster judgments. These decisions are supported by significant data and enable problem-solving. A third of companies will use DI(Decision Intelligence) for structured decision-making by 2023. 

Smart City Adoption 

Smart city technology will emerge as a developing software trend in 2022 and beyond, as the urban population demands more efficient and smarter cities.

These digital technologies help to improve decision-making, traffic management, energy saving, climate control, and overall quality of life.

5G

A wide number of industries have boosted their utilization of 5G to enable a more connected and computerized world, including computing, manufacturing, healthcare, entertainment, and more. Overall sales for 5G IoT modules are expected to climb from USD 180 million in 2022 to USD 10 billion by 2030 in the B2B sector.

Everything Blockchain

 In 2021, nearly $6.6billion has been spent on blockchain solutions and will face a 75% increase in 2022 amounting to $11.7 billion. In this current year 2022, it is also expected that blockchain services would be used to track vaccination distribution and delivery. Retailers are increasingly using this program to track goods delivery to customers more efficiently than ever before.

Big corporations such as Amazon, Microsoft, IBM, and others are projected to offer blockchain-as-a-service by this year.

Cryptocurrency 

For a long time, cryptocurrency has been the talk of the town. It is likely to become a more significant and widely used form of investing in 2022 as well. Cryptocurrencies have been on a roller coaster since Covid-19, but it hasn’t stopped the introduction of more cryptocurrencies into the cryptocurrency market, in addition to the well-known Bitcoin, Ethereum, and others.

Generative AI 

Another AI application, generative AI, is set to raise the bar for AI use cases and provide compelling reasons for businesses throughout the world to adopt it. It is based on an algorithm that can generate similar material from data in the form of text, audio, photos, and so on.

Healthcare may greatly benefit from generative AI, and IBM has already started to use it to find treatments for Covid-19 by exploring defense response. By 2025, generative AI may account for 10% of all data built, which currently lies at 1% today.

Technologies Running Smart Devices

Various technologies have made our lives easier and tech-driven, from smart automobiles to wearables like smartwatches, TVs, smartphones, and more.

According to Internet world stats, the number of wearable linked devices will exceed one billion by 2022. Smart helmets, for example, are expected to gain in popularity since they offer interesting features such as tracking speed, capacity, listening to music, GPS services, and more.

Smart wearables for tracking Covid symptoms were a relevant and much-needed breakthrough in today’s Covid-19 age and will continue to be as we fight to remove Covid-19 in 2022.

Cloud-Native Platforms (CNPs)

 By 2025, CNP will be the foundation for 95 percent of all new digital efforts, up from 40 percent in 2022.

 More than 70% of businesses would rely on some type of cloud management solution for various business functions by the current year 2022.

In 2022, global cloud revenue is expected to reach $474 billion, as it becomes the backbone of company operations in an increasingly digitized world.

AR/VR Powered “Virtual Try-On” 

With its creative and appealing virtual try-on capability, this AR/VR movement is transforming the retail industry. According to Businesswire, the retail market for virtual reality and virtual reality is expected to grow at a CAGR of 24.8 percent from US$ 3790.94 million in 2022 to US$ 17864.86 million in 2028. This picture shows the scope of innovation and acceptance that is about to take place in this subject. Metaverse shall use this trend in the future. 

While these are only a few of the tech trends we may expect in 2022, the actual number is rather large as businesses around the world transition to a digitally transformed operating environment. With the latest changes and situations that ornate systems have faced, technology improvements have proven to be a lifesaver. With their vast abilities, our team continues to do so. With each passing year, our team members observe a growth in the use of technology to solve problems, improve customer experience, lower costs, and, ultimately, create a competitive advantage in this ever-competitive world.