- Table of Contents
- Introduction
- Section One Non-Traditional Tech at Work
- Section Two Virtual Reality
- Section Three Artificial Intelligence
- Section Four 3D Printing
- Section Five Internet of Things
- Section Six Next Stop: The Future
Will IT adopt the latest tech trends or stick with more traditional tools and gadgets?
Introduction
We’re all familiar with the hype around the latest tech. For years, we've lived with the promise of an advanced, sci-fi future. But technologies like 3D printers, virtual reality (VR), artificial intelligence (AI), and the Internet of Things (IoT) might actually empower businesses to achieve the incredible.
For example, you can 3D print a lightweight car and equip it with on-board AI that enables the car to drive itself. 3D printers can also help doctors print living tissue or even entire body parts. VR technology can enable architects to visualize and walk through a virtual building before construction begins.
IoT can connect every device you own and gather data that’ll streamline your life. For example: Your refrigerator senses when you need more food and dials a service that delivers you fresh produce in a self-driving car. Now that’s next-level convenience.
These are all great dreams of a utopian future enabled by technology. But are AI, VR, IoT, and 3D printers ready to reshape the workplace today? Or is the current buzz around these emerging tech trends all hype?
Survey Info
We surveyed more than 560 IT pros in North America and Europe, the Middle East, and Africa (EMEA) to see if they think emerging technologies are about to revolutionize the business world. Will these inventions rocket us into the future and change the way we do business? Or will IT pros (and the end users they support) continue to rely on traditional IT devices and services to get real work done? How are IT pros balancing the potential of advanced technologies against their costs — and against the security and privacy risks they introduce? Here’s what we discovered.
Table of Contents
- Introduction
- Section One Non-Traditional Tech at Work
- Section Two Virtual Reality
- Section Three Artificial Intelligence
- Section Four 3D Printing
- Section Five Internet of Things
- Section Six Next Stop
- Section Seven Details on the Data
Key Findings
1Among emerging technologies in the workplace, IT pros expect IoT and AI to have the biggest impact. 
2While many IT pros see potential for VR and 3D printers, they don’t expect mass adoption to take off in the workplace… yet.
3Organizations are least concerned about security/privacy with 3D printers and VR, but it’s their top concern with AI and IoT.
4IT pros are still waiting for vendors to emerge as clear frontrunners in IoT, AI, VR, and 3D printing.
Section One
Non-Traditional Tech at Work:
Zany... or Zeitgeist?
First things first: which of these breakthrough gadgets are already turning their gears in the workplace? Almost 20% of IT pros told us they’ve deployed IoT devices within their organization, and an additional 40% plan to adopt them. Next in line are 3D printers, which 11% of organizations currently use and an additional 22% plan to adopt.
Only 7% of organizations currently use VR technology, and just 13% of IT pros tell us they plan to adopt it — giving VR the lowest planned adoption rate of the technologies covered in this study.
Giving AI a Try?
A mere 3% of IT pros said they’ve deployed it in their organization today, and adoption in the near future is estimated around 25%. However, once prompted with more specific AI examples like intelligent digital assistants (e.g., Cortana, Alexa), 19% of IT pros reported using these tools in their organization and another 46% indicated they’re planning to use them. This indicates there may be a disconnect between how the general market and IT pros define AI.
Technology Deployment Plans in Organizations
When we examined how the use of emerging technologies varies by industry, we uncovered some key differences. Education has significantly higher adoption rates of 3D printers (45%) than any other industry in the study and the highest adoption rates of VR technology (13%) too. Healthcare boasts the highest adoption of IoT devices (28%), while tech-related industries such as IT services, software, and telecom are using AI the most.
Through the crystal ball…
What do different industries imagine for the future? Manufacturing has the highest planned adoption of 3D printers (36%) as the technology can help them rapidly prototype parts (saving time and money in production), while construction/engineering has the highest planned adoption of VR technology (27%), likely because architects and engineers might use VR to visualize a product prototype or building.
Healthcare and retail organizations have their eyes on IoT devices (50% each) such as wearable health devices and sensors. Professional services, nonprofit, and healthcare industries have the highest planned adoption of AI (30% each), presumably for data-analysis and automation purposes.
Current Usage of Technology in Organizations
Planned Usage of Technology in Organizations
IoT: The future is now…
Of all the technologies we asked IT pros about, IoT offers the most for businesses right now. Looking ahead 3–5 years, IoT devices and AI technology is expected to have the biggest impact in the workplace with 80% of IT pros saying IoT devices will be useful to their business practices and nearly 60% saying the same for AI. IT pros also predict VR will have the least impact in the workplace.
Importance of Technology to Organizations' Current Business Practices
Importance of Technology to Organizations' Business Practices in 3-5 Years
Section Two
Virtual Reality:
Envisioning VR in Business
Why are current and planned VR adoption rates so low? A majority of IT pros said the cost of VR technology is their primary concern. Many respondents also said they just couldn’t foresee practical use cases for VR in their organizations that would justify the cost. The lack of use cases might be why IT pros aren’t discussing VR in Spiceworks quite as much as 3D printers, IoT, and AI, as shown in our 2017 State of IT report. On the plus side, few IT pros could see any reason to be worried about security or privacy issues with VR.
If the future of virtual reality in your traditional workplace is viable at all, an accurate simulation of the environment is needed. And you’ll need moolah.
Michael O’Dwyer Opens a new window, Ipswitch
Top Concerns About VR Technology in Organizations
But while they may not be able to visualize a line item for VR headsets in their budgets this year, many IT pros can see the benefits of the technology in the future. Many survey respondents think use of VR can bring improved data visualization, improved creativity and design, and more efficient training. Others believe VR can increase innovation and improve learning with the aid of 3D environments. But don’t get your heart set on a holodeck in the break room just yet! Nearly 30% of IT pros said they don’t see any benefit of VR in the workplace at all.
It would be nice to be able to virtually walk through our remote data centers and off-site offices. It could come in handy for remote user assistance and virtual meetings as well.
IT Pro
Top Benefits VR Technology Can Enable in Organizations
| 25% | 24% | 23% | 22% | 16% |
| Improved data visualization | Improved creative and design | More efficient training | Improved learning with 3D printers | Increased innovation |
| 25% | 24% |
| Improved data visualization | Improved creative and design |
| 23% | 22% |
| More efficient training | Improved learning with 3D printers |
| 16% | |
| Increased innovation | |
| 25% | 25% | 26% | 23% | 15% |
| Improved data visualization | Improved creative and design | More efficient training | Improved learning with 3D printers | Increased innovation |
| 25% | 25% |
| Improved data visualization | Improved creative and design |
| 26% | 23% |
| More efficient training | Improved learning with 3D printers |
| 15% | |
| Increased innovation | |
| 25% | 22% | 16% | 20% | 18% |
| Improved data visualization | Improved creative and design | More efficient training | Improved learning with 3D printers | Increased innovation |
| 25% | 22% |
| Improved data visualization | Improved creative and design |
| 16% | 20% |
| More efficient training | Improved learning with 3D printers |
| 18% | |
| Increased innovation | |
The reality of VR
When asked which brands are the leaders in developing innovative VR technology, most IT pros cited Oculus, a well-known pioneer of VR headsets now owned by Facebook. Google came in a distant second, followed by Microsoft and Samsung.However, 38% said they don’t know who’s leading this field, indicating that IT pros are still waiting for a vendor to emerge as a clear frontrunner for business use.
When asked which brands they’re most likely to consider if they were to evaluate VR headsets today, many IT pros chose Microsoft HoloLens as a close second to Oculus Rift. Why the big boost for HoloLens? It could be due to HoloLens’ ability to augment the actual environment around the user (instead of totally replacing it), and the comfort level with business software developed by Microsoft, which recently introduced the HoloLens Commercial Suite Opens a new window.
Leaders in Developing Innovative Virtual Reality Technology
Brands Organizations are Most Likely to Consider when Evaluating VR headsets
Section Three
Artificial Intelligence:
“Siri, What’s AI?”
What about AI at work? When asked whether they were currently using AI in the workplace, only 3% of IT pros said yes. However, when the definition of AI technology was broadened to include specific examples, more organizations reported adoption. Intelligent assistants (e.g., Cortana, Siri, Alexa) used for work-related tasks on company-owned devices had the highest usage rate (19%) of AI technologies, while relatively fewer organizations reported using machine learning (8%) or business analytics (8%) with AI.
However, many more organizations are planning to adopt AI technology in the near future. In fact, 46% of organizations have plans to adopt intelligent assistants and 60% have plans to adopt machine learning. Additionally, 72% of organizations plan to roll out business analytics with AI — the highest planned adoption rate of the intelligent technologies we asked about. Which form of AI got the lowest scores? Self-learning robots. Sorry, HAL.
Artificial Intelligence Deployment Plans in Organizations
Paranoid by the droid?
While cost is still a concern with AI, security/privacy issues are the biggest source of worry among IT pros. This may be why 85% of IT pros told us it’s important to involve IT before adopting easily accessible AI like intelligent assistants. One fear: these assistants could potentially eavesdrop on work-related conversations within their organizations.
And if their companies do implement AI, are IT pros concerned about a potential Terminator-style rise of the machines? As long as they can assess the security implications of AI technology before it’s rolled out, IT pros don’t seem all that concerned about the potential negatives. Nearly 70% of IT pros agree that AI and advanced machine learning will help automate mundane tasks and enable more time to focus on strategic IT initiatives, while only 14% are worried AI will replace their jobs.
Top Concerns About AI in Organizations
| 48% | 48% |
| Security/privacy | Accuracy |
| 44% | 37% |
| Cost | Limited use cases |
| 31% | 31% |
| Ongoing investments/upgrades | User productivity/distraction |
| 51% | 50% |
| Security/privacy | Accuracy |
| 47% | 38% |
| Cost | Limited use cases |
| 33% | 32% |
| Ongoing investments/upgrades | User productivity/distraction |
| 43% | 43% |
| Security/privacy | Accuracy |
| 39% | 35% |
| Cost | Limited use cases |
| 28% | 28% |
| Ongoing investments/upgrades | User productivity/distraction |
IT Pros in Agreement with Common Beliefs About AI
| 69% | 39% | 30% | 19% | 14% |
| AI will automate tasks & enable more time to focus on strategic IT initiatives | AI will create major data privacy issues | I expect to work alongside intelligent robots/machines in the next 5 years | Innovation in AI presents an existential threat to humanity | AI will put IT jobs at risk |
| 69% | 39% |
| AI will automate tasks & enable more time to focus on strategic IT initiatives | AI will create major data privacy issues |
| 30% | 19% |
| I expect to work alongside intelligent robots/machines in the next 5 years | Innovation in AI presents an existential threat to humanity |
| 14% | |
| AI will put IT jobs at risk | |
| 70% | 42% | 28% | 19% | 15% |
| AI will automate tasks & enable more time to focus on strategic IT initiatives | AI will create major data privacy issues | I expect to work alongside intelligent robots/machines in the next 5 years | Innovation in AI presents an existential threat to humanity | AI will put IT jobs at risk |
| 70% | 42% |
| AI will automate tasks & enable more time to focus on strategic IT initiatives | AI will create major data privacy issues |
| 28% | 19% |
| I expect to work alongside intelligent robots/machines in the next 5 years | Innovation in AI presents an existential threat to humanity |
| 15% | |
| AI will put IT jobs at risk | |
| 67% | 34% | 33% | 17% | 12% |
| AI will automate tasks & enable more time to focus on strategic IT initiatives | AI will create major data privacy issues | I expect to work alongside intelligent robots/machines in the next 5 years | Innovation in AI presents an existential threat to humanity | AI will put IT jobs at risk |
| 67% | 34% |
| AI will automate tasks & enable more time to focus on strategic IT initiatives | AI will create major data privacy issues |
| 33% | 17% |
| I expect to work alongside intelligent robots/machines in the next 5 years | Innovation in AI presents an existential threat to humanity |
| 12% | |
| AI will put IT jobs at risk | |
Assisting in assistance…
Looking more closely at intelligent assistants among the companies using them, Apple’s Siri is most commonly used for work-related tasks in organizations, followed by Microsoft Cortana and Google Now. Many organizations are also planning to use Cortana — not surprising since more organizations will be moving to Windows 10, which already includes Cortana. Another player: Amazon Alexa. She has some adoption in NA, but little to none in EMEA, perhaps because Amazon just recently debuted British and German versions of Alexa, but has yet to roll out additional languages as of late 2016.
Why are IT pros putting intelligent assistants to work? They point to benefits including increased efficiency/productivity (45%), less typing because of dictation capabilities (42%), and improved analytics (34%). In other words, “I’ll be back… as soon as my robot finishes my work.”
Intelligent Assistants Implemented on Company-Owned Devices
Top Benefits Intelligent Assistants can Enable in Organizations
| 45% | 42% | 34% | 32% | 29% | 27% |
| Increased productivity | Less typing with voice dictation | Improved data analysis | Automated help desk tickets | Automated customer transactions | Improved customer service |
| 45% | 42% |
| Increased productivity | Less typing with voice dictation |
| 34% | 32% |
| Improved data analysis | Automated help desk tickets |
| 29% | 27% |
| Automated customer transactions | Improved customer service |
| 47% | 46% | 34% | 33% | 31% | 27% |
| Increased productivity | Less typing with voice dictation | Improved data analysis | Automated help desk tickets | Automated customer transactions | Improved customer service |
| 47% | 46% |
| Increased productivity | Less typing with voice dictation |
| 34% | 33% |
| Improved data analysis | Automated help desk tickets |
| 31% | 27% |
| Automated customer transactions | Improved customer service |
| 39% | 35% | 33% | 30% | 24% | 25% |
| Increased productivity | Less typing with voice dictation | Improved data analysis | Automated help desk tickets | Automated customer transactions | Improved customer service |
| 39% | 35% |
| Increased productivity | Less typing with voice dictation |
| 33% | 30% |
| Improved data analysis | Automated help desk tickets |
| 24% | 25% |
| Automated customer transactions | Improved customer service |
Although organizations most commonly use Siri and Cortana, a majority of IT pros perceive Google as the most inventive leader in the area of intelligent assistants.
The only thing that really concerns me is that [Cortana] might be another avenue for our good, wonderful, peace-loving friends working over at crypto ransomwarefactory to cause more trouble on our networks.
Blade T, IT Pro
Leaders in Developing Innovative Intelligent Assistants
Section Four
3D Printing:
Brother, Can You Print Me a Hand?
As with VR, IT pros point to the cost of technology as their biggest concern when considering 3D printers for their organizations. And while we’ve heard about all the budding digital Gutenbergs out there cranking out everything from toys to food to prosthetic hands, we’ve also recently heard MakerBot Opens a new window, a pioneer of 3D printing, suggest that home 3D printing is just “not there yet.” Some survey respondents said the same for 3D printing at work, listing few to no use cases for these devices in their particular business.
If you have the proper materials and methods to deliver the raw materials, you can ‘print’ just about anything. Can we go ahead and call them replicators now or do we wait?
John D, IT Pro
Top Concerns About 3D Printers in Organizations
CTRL+ALT+P
That said, they agreed the benefits of 3D printing include rapid prototyping (33%), increased creativity and innovation (25%), and faster part replacements (21%) for items such as keyboard keys. And while nearly 31% of respondents said they don’t see any benefit of 3D printers in their specific workplaces, IT pros in specific industries disagree. For example, 83% of IT pros in the manufacturing industry, 75% in education, and 73% in construction/engineering identified at least one benefit 3D printers could have for their organizations compared to an average of 45% across other industries.
Top Benefits 3D Printers can Enable in Organizations
| 33% | 25% |
| Rapid prototyping | Increased creativity |
| 21% | 14% |
| Faster part replacements | Improved product quality |
| 12% | 12% |
| Improved training | Reduced product production time |
| 33% | 26% |
| Rapid prototyping | Increased creativity |
| 21% | 13% |
| Faster part replacements | Improved product quality |
| 13% | 12% |
| Improved training | Reduced product production time |
| 33% | 22% |
| Rapid prototyping | Increased creativity |
| 22% | 14% |
| Faster part replacements | Improved product quality |
| 11% | 11% |
| Improved training | Reduced product production time |
Most IT pros (60%) told us they couldn’t name the leading company in 3D printing, but 22% pointed to MakerBot. Yet when asked which company they’d choose if they were to evaluate 3D printers today, HP took the lead at 28% followed by MakerBot at 27%. This might be another case of IT pros feeling more comfortable purchasing tech from a provider they’re already spending with like HP.
Leaders in Developing Innovative 3D Printers
Brands Organizations are Most Likely to Consider When Evaluating 3D Printers
Section Five
Internet of Things:
Ratcheting up Security for IoT
We looked more closely at how organizations are using different types of IoT technology in our 2016 IoT Trends report earlier this year. Our findings: A majority of organizations do have internet-enabled “things” connected to their networks. Topping the list are video equipment (62%), electronic peripherals (46%), and physical security equipment (40%).
Our report also revealed that 90% of IT pros believe IoT introduces security and privacy issues in the workplace that need to be addressed. Specifically, they’re concerned with the growing number of entry points into the network (84%) posed by an expanding array of wearables, climate control devices, sensors, and other gadgets. Many IT pros (70%) also worry IoT manufacturers aren’t putting proper security measures in place.
Who do IT pros point to now as the leader in developing innovative IoT technology? Similar to intelligent assistants, the majority of survey respondents said Google — not a surprise given they purchased IoT company Nest in 2014 and IT pros previously stated in a Spiceworks social poll that Google is the most innovative tech company to watch in 2017.
When everything is accessible from everywhere, it is also hackable from everywhere. IoT devices are great, and can make many people’s lives and jobs easier. However, we should really weigh the risks against the reward.
Mike K, IT pro
Leaders in Developing Innovative IoT Technology
Section Six
Next Stop: The Future
VR, AI, IoT, and 3D printing all recently made the list of eight core technological breakthroughs that PricewaterhouseCoopers Opens a new window urges business leaders to consider. And the pioneers behind these technologies are already exploring bold new ways for all of them to work in concert, connecting everything from our calendars and cars to our thermostats and health sensors. And they won’t just be sensing input from these sources — they’ll be interpreting, acting on, and learning from what they observe.
In the meantime, IT pros we surveyed are rightly concerned with the practicality of integrating these technologies into their organizations, especially when it comes to VR and 3D printing.
Like to hyper drive emerging tech into your business? You can help secure a smooth transition by thinking through how such devices fit in with your existing infrastructure and business goals, how you’ll address the costs, and how you’ll measure the benefits. A little prep can help organizations ensure they’re adopting new technology that syncs with their strategic plan… instead of just taking a quantum leap forward because of the buzz.
Technology is perhaps the greatest agent of change in the modern world. While never without risk, technological breakthroughs promise innovative solutions to the most pressing global challenges of our time.
Dr. Bernard Meyerson Opens a new window, Chair of the World Economic Forum Meta-Council on Emerging Technologies
Details on the Data
You’ve just read Spiceworks’ version of data gone spicy: Our answer to humdrum data. We tackle the tech issues of today... and what’s coming soon to a server room near you.
And we deliver it all with more originality and spice than your typical run-of-the-mill reports. Drawing from a user base of millions of IT pros, it’s a glimpse into tech you can’t get anywhere else!
Top Industries Represented
Company Sizes Represented
Top Titles Represented
Regions Represented
About Spiceworks Voice of IT
Spiceworks’ Voice of IT shares statistics, trends, and opinions collected from millions of IT professionals on the global technology issues that are important to them. To find out more about our research capabilities, email insights@spiceworks.com. For other Spiceworks Voice of IT reports visit: www.spiceworks.com/research/ Opens a new window.
About Spiceworks
Spiceworks is the professional network millions of IT professionals use to connect with one another and thousands of technology brands. The company simplifies how IT professionals discover, buy and manage an estimated $600 billion in technology products and services each year. Headquartered in Austin, Texas, Spiceworks is backed by Adams Street Partners, Austin Ventures, Institutional Venture Partners (IVP), Goldman Sachs, Shasta Ventures and Tenaya Capital. For more information visit https://www.spiceworks.com.
Follow Spiceworks on Twitter: https://twitter.com/spiceworks Opens a new window and connect with Spiceworks on Facebook: https://www.facebook.com/Spiceworks Opens a new window.
FAQs
What is the technology in next 5 years? ›
Artificial intelligence will become more prevalent in 2023 with natural language processing and machine learning advancement. Artificial intelligence can better understand us and perform more complex tasks using this technology. It is estimated that 5G will revolutionize the way we live and work in the future.
What technology will we have in 2025? ›...
- Mobile Internet. ...
- Artificial Intelligence. ...
- Virtual and augmented reality. ...
- Cloud technology. ...
- Internet of Things. ...
- Advanced robotics. ...
- Biometric technology. ...
- 3D printing.
The top three tech trends that are anticipated to dominate in 2022 are datacentric AI, remote medicine, and health, safety, and wearable biomedical technologies.
What is the future in information technology? ›Artificial Intelligence (AI) Could Be the Solution
In the future, IT security will call for better training of individuals, but it will also call for more efficient methods.
May – The 2026 Eurovision song contest is scheduled; the location is typically determined by the previous year's winner. June –July – The 2026 FIFA World Cup is scheduled to be held in the United States, Canada, and Mexico. August 10 – Lunar perigee happens. August 12 – A solar eclipse is predicted.
How will be the world in 2025? ›We will grow from three to eight billion connected humans, adding five billion new consumers into the global economy. They represent tens of trillions of new dollars flowing into the global economy. And they are not coming online like we did 20 years ago with a 9600 modem on AOL.
Which industry will grow in 2025? ›India's chemical industry is expected to reach US$ 304 bn by 2025, clocking an annual growth rate of over 15%.
What will happen in 2027? ›Technology forecasts for 2027
The big business future behind self-driving cars: Future of Transportation P2. Rise of the big data-powered virtual assistants: Future of the Internet P3. Your future inside the Internet of Things: Future of the Internet P4. Your addictive, magical, augmented life: Future of the Internet ...
May 12 – The 2025 general election is scheduled to take place in the Philippines. May–November 23 – Expo 2025 will be held in Osaka, Japan. October 20 – The 45th Canadian federal election will be held no later than this date. October–November – The 2025 Rugby League World Cup will be held in France.
What technology will have the biggest impact in the future? ›- Artificial Intelligence. ...
- Gene Technology. ...
- Human-Computer Interfaces. ...
- Extended Reality (XR) ...
- 3D Printing.
How will technology advance in the next 10 years? ›
Machine vision, language processing, speech and gesture recognition, pattern recognition, real-time AI, Embedded AI or ML, AIOps, MLOps, and so on will increase in the next ten years.
What technology will be like in the next 10 years? ›- i. Underwater Gloves. The 'octa gloves' are among the numerous technical innovations that animal characteristics have inspired. ...
- ii. 3D Printed Bone. ...
- iii. AI Image-Generation. ...
- iv. Health-monitoring “Digital Twins” ...
- v. Hydrogen Planes.
(NASSCOM.) This demonstrates that information technology is a sector that will most likely be one of the developing industries in the coming years, as India's economy requires more hardware, software, and other IT services.
What will be the future trends of IT industry? ›Let's look into the top 5 trends transforming the information technology industry in 2022: Artificial intelligence and machine learning. Edge computing and quantum computing. Cybersecurity.
What is the future of IT industry in world? ›As the World Economic Forum states, by 2025, machines will displace 80 million jobs and about 100 million jobs will be created in the IT industry with these new sets of skills. Therefore, individuals need to cultivate these skills to keep a sync with the industry requirements and expectations.
What will Earth be like in 2026? ›With human-made climate change continuing, there's a 48% chance that the globe will reach a yearly average of 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial levels of the late 1800s at least once between now and 2026, a bright red signal in climate change negotiations and science, a team of 11 ...
What is the year 2027? ›2027 (MMXXVII) will be a common year starting on Friday of the Gregorian calendar, the 2027th year of the Common Era (CE) and Anno Domini (AD) designations, the 27th year of the 3rd millennium and the 21st century, and the 8th year of the 2020s decade. Centuries: 20th century. 21st century.
What day does 2026 start? ›...
Change Year:
| Season | Date | # Days Season Start |
|---|---|---|
| Northern Hemisphere | ||
| Spring 2026 | March 20th - Thursday | 1136 |
| Summer 2026 | June 20th - Friday | 1229 |
| Autumn/Fall 2026 | September 22nd - Monday | 1322 |
Global warming: Earth has 50% chance of exceeding 1.5 degrees Celsius in next 5 years, scientists say. Over the next five years, the Arctic region will be more affected by Global warming than the rest of the planet.
What will happen to Earth after 5 years from now? ›Earth has a 48% chance of breaching the 1.5C global warming threshold (2.7F) within the next five years – while it is "almost certain" the years between 2022-26 will be the hottest on record, according to meteorologists.
Who will lead the world in 2025? ›
According to a recent report by Harvard University, “From economic complexity growth estimates, India is growing at the annual list at the rate of 7.9 percent as the fastest growing country for the coming decade.
Which industry will grow in next 5 years? ›- Healthcare and Insurance Sector. ...
- Renewable Energy Sector. ...
- IT Sector. ...
- Real Estate Sector. ...
- Fast Moving Consumer-Goods Sector (FMCG) ...
- Automobile Sector.
According to Invest India, the Indian healthcare industry is projected to reach $372 billion by 2022. In addition, India's hospital sector contributes 80% of the healthcare industry and is projected to increase by 16-17% to $132.84 billion by 2022. It is, without a doubt, one of the fastest-growing sectors in India.
Which industries will grow the most in the next 5 years? ›- Global Airport Operation. 16.2%
- Global Hotels & Resorts. 11.8%
- Global Travel Agency Services. 11.8%
- Global Tourism. 10.8%
- Global Airlines. 7.7%
- Global Reinsurance Carriers. 6.8%
- Global Commercial Aircraft Manufacturing. 6.3%
- Global Architectural Services. 6.2%
By 2050 , the world's population will exceed at least 9 billion and by 2050 the population of India will exceed that of China. By 2050, about 75% of the world population will be living in cities. Then there will be buildings touching the sky and cities will be settled from the ground up.
What country is coming in 2027? ›In late 2019, a non-binding independence referendum was held with 98.31% voting for independence rather than continued autonomy within Papua New Guinea. As a result, the regional authorities intend to become independent by the end of 2027, pending ratification by the Papua New Guinean government.
How will be the world in 2040? ›The average person in 2040 could have: A highly-detailed and realistic 3d avatar with several pre-set outfits along with hundreds or thousands of individual clothing items to choose from. Decorated 3d home space containing doorways to their bookmarked metaverse worlds.
What changes will be there in 2030? ›- Human-Like AI Will Likely Become A Reality. ...
- 8K Virtual Reality Headsets Will Become Mainstream. ...
- Brain-Interface Devices Will Become Mainstream. ...
- The First Quantum Computers With 1 Million Qubits Will Emerge. ...
- 3D-Printed Human Organs Will Begin Being Used.
By 2030, the world will have undergone a significant transformation. The global rate of technology adoption will be impacted by trends such as environmental sustainability and cybersecurity. Advances in semiconductors, software, artificial intelligence (AI) and machine learning (ML) will continue to accelerate.
What planets will align in 2025? ›| Date | Object 1 | Object 2 |
|---|---|---|
| 06 Aug 2025 02:51 PDT | Saturn | Neptune |
| 12 Aug 2025 00:40 PDT | Venus | Jupiter |
| 20 Oct 2025 23:26 PDT | Mercury | Mars |
| 12 Nov 2025 10:41 PST | Mercury | Mars |
What are some good innovation ideas? ›
- A bag that slow cooks food. (Photo: WIPO) ...
- Bottle light bulbs. (Photo: Liter of Light) ...
- Energy-producing roads. ...
- 1 dollar microscope. ...
- Medical drones. ...
- Mobile water safety check. ...
- Solar rechargeable hearing aids. ...
- Wearable breast cancer detector.
Some of the fastest-growing tech industries in the world in 2022 are revealed here, and they include FinTech (Financial Technology), Workplace Technologies, Cybersecurity, and Healthcare Technology. Additionally, Virtual Reality (VR), Cloud Computing, and Machine Learning are also rapidly growing tech industries.
What's new in retail technology? ›Cashless, contactless, and autonomous shopping and delivery
Convenience trends such as buy-online-pickup-in-store (BOPIS), buy-online-return-in-store (BORIS), and buy-online-pickup-at-curbside (BOPAC) are quickly becoming expected as standard.
Green hydrogen, nuclear fusion and other green technologies will be developing fast in 2023, as the world transitions away from carbon. Other technology trends include developments in gene editing, quantum computing and connected devices. Expect artificial intelligence to get even smarter in 2023.
What will be happen in 2024 in technology? ›Technology forecasts for 2024
Rise of the big data-powered virtual assistants: Future of the Internet P3. Your future inside the Internet of Things: Future of the Internet P4. How the first Artificial General Intelligence will change society: Future of artificial intelligence P2.
It is predicted that businesses that are based on collaborative economy models will enjoy immense success in the next few years. Some good examples are Airbnb, Uber, Ola and Lyft. These types of businesses not only help the final customers, but also assist the service providers and ultimately make commissions.
Which skill is best for future in IT industry? ›- Security. Security should be foundational to any IT team. ...
- Programming. Being able to program will be a must for those who want to develop software, web applications, and websites. ...
- Systems and networks. ...
- Data analysis. ...
- DevOps. ...
- Cloud computing. ...
- Machine learning.
- Data Science.
- Cloud Computing.
- Artificial Intelligence.
- DevOps.
- Blockchain.
- RPA (Robotic Process Automation)
- Augmented Reality (AR) and Virtual Reality (VR)
- Cybersecurity.
- Hybrid work environments. ...
- Cloud migration. ...
- Cybersecurity threats. ...
- Annual increase and unexpected IT expenditures. ...
- The Great Resignation. ...
- Fast evolution of software.
The leading technology trends in 2023 will revolve around AI, cloud, cybersecurity, the metaverse, crypto, robotics, IoT and quantum computing. Two years on from the Covid-19 crisis, the world's reliance on technology has lost none of its momentum.
What is the next big thing in technology 2022? ›
Here are some of the Latest Top Technology Trends for 2022 - 2023: Artificial Intelligence (AI) and Machine Learning (ML) Robotic Process Automation (RPA) Edge Computing.
What is the future of technology 2022? ›By 2022, multicore will be everywhere, from wearable systems and smartphones to cameras, games, automobiles, cloud servers, and exa-scale supercomputers. Silicon photonics will be a fundamental technology to address the bandwidth, latency, and energy challenges in the fabric of high-end systems.
Which skill will be most required by 2025? ›- Critical thinking and analysis.
- Creativity, originality and initiative.
- Leadership and social influence.
- Technology use, monitoring and control.
- Technology design and programming.
- Resilience, stress tolerance and flexibility.
- Reasoning, problem-solving and ideation.
Edge computing is one of the latest technologies in the software industry. It includes a computation at the network's edge, closer to the data generators. The need for more reliable and faster data processing is driving this trend. Though, many businesses still rely on cloud computing for their applications.
What is the main reason for the growth of IT industry? ›Growth of the IT industry
The liberalization policies such as reducing the trade barriers and eradicating the import duties on technology products by the Government of India are instrumental in the evolution of the IT industry. In recent times, economies have been hit hard by the pandemic.
In 2026, a number of technology breakthroughs and trends will become available to the public, for example: Between 2022 to 2026, the worldwide shift from smartphones to wearable augmented reality (AR) glasses will begin and will accelerate as the 5G rollout is completed.
What technology will be in 10 years? ›Artificial intelligence (AI), cloud computing, and virtual and augmented reality (VR and AR) are among the technologies that will underpin the delivery of education in 2030.
What technology is booming in 2023? ›Green hydrogen, nuclear fusion and other green technologies will be developing fast in 2023, as the world transitions away from carbon. Other technology trends include developments in gene editing, quantum computing and connected devices. Expect artificial intelligence to get even smarter in 2023.
What will technology look like in the next 50 years? ›According to Forbes, by 2050, IoT technology will be in 95% of electronics for new product designs. And by 2050 it is expected to have everything connected to the cloud and to the internet. According to Business Insider, Space tourism could be feasible in 2050, but likely only for the very wealthy.
What will be invented in the next 10 years? ›- 1.1 Wearable devices.
- 1.2 Internet of Things.
- 1.3 Big Data and Machine Learning.
- 1.4 Cryptocurrency.
- 1.5 Driverless cars.
- 1.6 3D printing.
- 1.7 Virtual reality.
- 1.8 Genomics.
What technology has advanced the most in the last 10 years? ›
Artificial Intelligence
The past decade has seen the permeation of AI in almost every sector of technology advancement, be it a new platform or a new device.
The primary areas of greater demand will be in cloud storage, data management, and information security, the BLS predicts. As a result, some of the fastest-growing tech jobs include information security analysts (33% growth) and computer and information research scientists (22% growth).
What will be environment be in 2030? ›By 2030, almost all countries will experience “extreme hot” weather every other year due mainly to greenhouse gas pollution by a handful of big emitters, according to a paper published Thursday by Communications Earth & Environment, reinforcing forecasts that the coming year will be one of the hottest on record.
What will be in demand in 2030? ›- Organ creator. ...
- Augmented-reality journey builder. ...
- Metaverse planner. ...
- Biofilm installer. ...
- Earthquake forecaster. ...
- Makeshift structure engineer. ...
- Algorithm bias auditor. ...
- Rewilder.
- High Yield Savings Accounts.
- Short-Term Certificates of Deposits.
- Short-Term Government Bonds Funds.
- S&P 500 Index Funds.
- Dividend Stock Funds.
- Real Estate & REITs.
- Cryptocurrency.
- Data Science.
- Cloud Computing.
- DevOps.
- UI/UX.
- Artificial Intelligence.
- CyberSecurity.
- Full Stack Web Development.
- Salesforce.