Modern technology reached its peak in the last few years. If someone told you about online shopping or self-driving cars 50 years ago, most probably you would make fun out of it. However, these things are present now, and we cannot imagine a world without Facebook, YouTube, Uber, etc. Today, we will discuss some trending technologies of 2021.
You know 5G is the future. 5G is the updated version of 4G and 10 to 100 times faster than the 4G network. However, 5G is not all about the speed or telecommunication domain; it will directly impact the entire tech world. 5G is highly trending as it is essential for IoT (Internet of Things), cloud computing, virtual reality, blockchain and what not? There are some reasons why 4G is not enough for future technologies. Compared to 4G, 5G can deliver reliably fast internet speed, better efficiency, low latency and so on. These things will take the internet browsing experience to the next level. Thus, it will be helpful for businesses than ever before.
We are familiar with the word IoT (Internet of Things). Now is the time of the Internet of Behaviors (IoB). In simple terms, IoB functions with the utilization of data and insights to bring a behavioural change. IoT devices act as a vast data source for IoB paradigms. A business’s future depends on the consumers, and IoB will help you monitor the consumers significantly. Let me give you an example to understand it even better. A fitness tracking software can collect your data related to physical activities, and this data can be used to bring more behavioural changes in the future. Companies can use this data for various purposes, like customizing a health plan for you or suggest medical advice or suggest you a photoelectric smoke detector if necessary. Many reports indicate that half of the global population will be tracked digitally and fall under an IoB tool by the end of 2025.
Thirdly, here comes another popular technology of recent times, i.e. blockchain. Many people consider that blockchain is all about cryptocurrencies, but it is not entirely true. Cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. are prevalent right now and create this misconception. Cryptocurrency is just a fragment of blockchain technology. Besides, blockchains are also heavily used in healthcare, advertisements, supply chains and logistics, etc. Now, there are reasons why its popularity is rising day by day. The main reason behind its popularity is various enterprises are searching for blockchain platforms to develop top-level business solutions. Another reason is its top-notch security and the transparency it offers. You will be surprised to know that the global blockchain technology market is about to reach 20 billion US dollar by the end of 2025. Maybe, only this reason is enough to make it trending right now in 2021.
Finally, you can watch out for these technology trends. If you read thoroughly, you can see that they are somehow connected. Getting acquainted with these latest technologies will benefit you for sure. So, what are you waiting for?
