Alarm Monitoring [Central Stations] Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 - ResearchAndMarkets.com November 18, 2020 … The fifth generation of cellular network technology will give us faster, smarter, more stable wireless networking, thereby driving advances in many other trends (e.g., more connected devices and richer streams of data). This refers to the ever-growing number of “smart” devices and objects that are connected to the internet. Opinions expressed by Forbes Contributors are their own. 25 Randy Bean, Thomas H. Davenport, “Companies Are Failing in Their Efforts to Become Data-Driven,” Harvard Business Review, February 5, 2019. Now, we’re progressing to altering the genetic structure of living organisms (for example, “correcting” DNA mutations that can lead to cancer). This innovative technology allows us to try out alterations and adjustments that would be too expensive or risky to try out on the real physical object. Closely linked to the IoT, this trend is seeing physical spaces – like homes, offices, and even whole cities – becoming increasingly connected and smart. But the impact doesn’t stop there – search and rescue missions, firefighting, law enforcement, and transportation will all be transformed by drone technology. A digital twin is a digital copy of an actual physical object, product, process, or ecosystem. 20. Although we will no doubt see greater regulatory control over the use of facial recognition, this technology isn’t going anywhere. Get ready for passenger drones (drone taxis), too! 8 Ibid. The increasing ability of machines to learn and act intelligently will absolutely transform our world. 3D and 4D printing and additive manufacturing. 10. This is part of a wider shift towards automation that will impact every industry. Voice interfaces and chatbots. Deloitte shall not be responsible for any loss sustained by any person who relies on this publication. In 2019, these capabilities will likely become even more indispensable as companies strive to transform their business models and operations. Stained glass is set to become the trendiest craft of 2020. This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. 7 Jeff Loucks, Susanne Hupfer, David Jarvis, Timothy Murphy, “Future in the balance? Social login not available on Microsoft Edge browser at this time. 22 William Dixon, Nicole Eagan, “3 ways AI will change the nature of cyber attacks,” World Economic Forum, June 19, 2019. 21. 1. These aircraft, which are piloted either remotely or autonomously, have changed the face of military operations. It is also the driving force behind many of the other trends on this list. 5 Ian Barker, “Half of companies won't move mission critical workloads to the cloud,” BetaNews, August 2019. Find the most up-to-date industry trends, top 10 lists and industry information to help you create better sales and marketing strategy plans, know what markets to enter or avoid, and to guide a variety of business decisions. Advances in computing and analytics have driven incredible leaps in our understanding of the human genome. 23. Now, we’re progressing to altering the genetic structure of living organisms (for example, “correcting” DNA mutations that can lead to cancer). 24. Digitally extended realities. 9. 19. 1. Thanks to AI, machines can do many things – including creating artwork and designs. Artificial intelligence (AI) and machine learning. The Internet of Things (IoT). In this article, I want to outline the 25 key technology trends that I believe will shape the 2020s. Machines can talk, so why shouldn’t they “see” as well? 8. In the future, we may even see humans merge with technology to create “augmented humans” or “transhumans.”. Thank you for your interest in S&P Global Market Intelligence! You're one step closer to unlocking our suite of comprehensive and robust tools. Quantum computing. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Do not delete! 6 Anthony Spadafora, “Companies don't think their cloud can keep up with security,” TechRadar, August 7, 2019. Thanks to AI, machines can do many things – including creating artwork and designs. As businesses face unprecedented new threats, the ability to avoid and mitigate cybersecurity threats will be critical to success over the next decade. In our 201… 3. They focus on the impact of COVID, the likely shape of each industry’s recovery, and key risks around our forecasts. All Rights Reserved, This is a BETA experience. Robots and cobots. In the future, more and more businesses will choose to interact with their customers via voice interfaces and chatbots. 14 “Infrastructure as a Service (IaaS) Market Worth USD 101.56 Billion, at a CAGR of 28%, During 2019-2023,” Bloomberg, June 3, 2019. Please contact your professors, library, or administrative staff to receive your student login. Wearables and augmented humans. This super-secure method of storing, authenticating, and protecting data could revolutionize many aspects of business – particularly when it comes to facilitating trusted transactions. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice. You may opt-out by. Fill out the form so we can connect you to the right person. In certain industries, the future of work is likely to involve humans working seamlessly with robot colleagues – hence the term “cobot," or "collaborative robot.". How countries are pursuing an AI advantage,” Deloitte, May 2, 2019. We may not be living on Mars or traveling to work using jet packs, but there's no doubt the coming decade will bring many exciting technological advances. See Terms of Use for more information. 13. IBISWorld is a leader in global industry research and we’re known for our breadth and depth of trusted data and analysis. Grid parity is ultimately the next step for many utility companies in the U.S. To keep it … But the impact doesn’t stop there – search and rescue missions, firefighting, law enforcement, and transportation will all be transformed by drone technology. Blockchains and distributed ledgers. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. As businesses face unprecedented new threats, the ability to avoid and mitigate cybersecurity threats will be critical to success over the next decade. They focus on the impact of COVID, the likely shape of each industry’s recovery, and key risks around our forecasts. © 2020. This super-secure method of storing, authenticating, and protecting data could revolutionize many aspects of business – particularly when it comes to facilitating trusted transactions. Cloud-only services lead growing PaaS market, Infrastructure as a Service (IaaS) Market Worth USD 101.56 Billion, at a CAGR of 28%, During 2019-2023, Enterprise SaaS revenue hits $100B run rate, led by Microsoft and Salesforce, With microservices, SaaS firms are giving large vendors a run for their money, How channel partners are set to drive new cloud computing growth, Bias deep inside the code: the problem with AI ‘ethics' in Silicon Valley, 3 ways AI will change the nature of cyber attacks. Quantum computers – unimaginably fast computers capable of solving seemingly unsolvable problems – will make our current state-of-the-art technology look like something out of the Stone Age. Fullwidth SCC. Digital twins. Mass personalization and micro-moments. As yet, work in quantum computing is largely restricted to labs, but we could see the first commercially available quantum computer this decade. Advances in computing and analytics have driven incredible leaps in our understanding of the human genome. This technology is used to automate structured and repetitive business processes, freeing up human workers to concentrate on more complex, value-adding work. This technology allows machines to visually interpret the world around them, with facial recognition being a prime example. Deloitte’s global technology, media, and telecommunications industry leader, Paul Sallomi, shares his perspectives on the advantages of processing data locally and how partnerships will play a key role in accelerating growth in technology. Companies Are Failing in Their Efforts to Become Data-Driven, How Data Management Helps Companies Deploy AI, Technology, Media & Telecommunications (TMT). This technology, which allows machines to understand human language, has dramatically changed how humans interact with machines, in particular giving rise to….

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