36 Top new technologies and trends in the coming year 2023

 

written by Arshad Sohail

We live in a time called the information age. New technologies emerge every day to make life easier, more advanced and better for everyone. The rate at which technology is evolving today is almost exponential. New technology helps business organizations reduce costs, improve customer experience and increase profits.

By 2030, nearly 50 billion devices will be connected to the Internet. As the COVID-19 pandemic accelerates businesses' journey to digital transformation, this goal is closer than expected. Knowledge of the latest IT technologies is key to advancing your career and discovering new opportunities.

Some of the top technology trends for 2023 are mentioned below:

Table of Content:

1.       1-Artificial Intelligence (AI) and Machine Learning (ML)

2.       2. Robotic process automation.

3.       3. Cloud computing and Edge Computing

4.       3. Quantum computing

5.       4. Virtual Reality (VR) and Augmented Reality (AR)

6.       5. Blockchain

7.       6. Internet of Things (IoT)

8.       7. 5G technology

9.       8. Cyber ​​Security

10.   9. Full Stack Development

11.   10. Computing power

12.   11. Datafication and codification

13.   12. Digital trust

14.   13. Internet Conduct

15.   14. Predictive analytics

16.   15. DevOps

17.   16. 3D printing

18.   17. AI-as-a-Service

19.   18. Genomics

20.   19. Wearables and Augmented Persons.

21.   20. Big data and advanced analytics.

22.   21. Smart spaces and smart places.

23.   22. Cloud and edge computing.

24.   23. Digital Augmented Reality.

25.   24. Digital twins.

26.   25. Natural language processing.

27.   26. Voice interfaces and chatbots.

28.   27. Computer vision and facial recognition.

29.   28. Autonomous vehicles

30.   29. Mass personalization and micro-moments

31.   30. 3D and 4D printing and additive manufacturing

32.   31. Nanotechnology and materials science

33.   32. Smart implants

34.   33. Interoperability and data sharing between healthcare entities

35.   34. Co-creativity of machines and extended design.

36.   36. Digital platforms.

1. Artificial Intelligence (AI) and Machine Learning (ML)

Artificial intelligence, also known as AI, started gaining popularity a decade ago. It still hasn't slowed down and will continue to be one of the leading technologies in 2021. Artificial intelligence is constantly evolving, and newer applications for this technology keep appearing on the scene. Today's most popular AI applications include image and speech recognition, navigation programs, voice assistants like Siri and Alexa, and much more.

Machine learning (ML) is part of artificial intelligence and uses supervised learning to learn new features. It has seen a massive increase in demand for skilled professionals, making it an attractive trend to watch. According to Forrester, AI and machine learning will be responsible for 9% of all new jobs in the US by 2025.

2. Robotic process automation (RPA)

Robotic Process Automation (RPA) uses multiple software and applications to automate business processes such as data collection and analysis, customer service, and other repetitive tasks that were previously managed by manual processes.

Like AI and machine learning, RPA is a fast-growing technology that automates many tasks in various industries. McKinsey analyzed that less than 5% of jobs today can be fully automated, but nearly 60% can be at least partially automated.

RPA offers several new career options and trajectories such as programmer, project manager, business analyst or consultant. It also opens doors to high-paying jobs with a moderate learning curve in leading organizations. Choosing this technology as a career path can pay off hugely for you.

3. Cloud computing and Edge Computing

Today, millions of data points collect information about users from various sources such as social media, websites, emails and web searches. As the amount of data collected grows exponentially, other technologies such as cloud computing fall behind in several situations.

Just ten years ago, Cloud Computing was one of the fastest growing technologies. However, it has become fairly mainstream, with major players such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform dominating the market.

As more organizations have adopted Cloud Computing, they have found several limitations in the technology. Edge Computing helps bypass the latency that Cloud Computing causes and helps organizations get data into the data center for processing.

Edge Computing will continue to grow with more IoT devices. Its market share is expected to reach $6.72 billion by 2022.

4. Quantum computing

Quantum Computing is a type of computing that focuses on the development of computer technology based on the principles of quantum theory. This theory explains the behavior of energy and materials at the atomic and subatomic level. In other words, it performs calculations based on the probability of the state of the object before the measurement, instead of just 0s and 1s.

Quantum Computing can easily query, analyze and take action on data, regardless of the source. It has played a major role in the prevention of COVID-19 and the development of new vaccines. These computers are exponentially faster than normal computers. Quantum Computing market revenue is expected to exceed $2.5 billion by 2029.

5. Virtual Reality (VR) and Augmented Reality (AR)

VR and AR have been popular for almost a decade. Virtual reality immerses the user in a new environment, while augmented reality enhances the user's existing environment. While their applications have so far mostly been associated with gaming and social media filters, simulation software such as Virtual Ship is also used to train ship captains in the US Navy, Army and Coast Guard.

A whopping 14 million AR and VR devices were sold in 2019. The global market for this trending technology is predicted to reach $209.2 billion by 2022, which means more job opportunities for professionals in this field.

By 2022, AR and VR are expected to be integrated into our daily lives much more deeply than today. They have huge potential and possible applications in training, entertainment, education, marketing and therapy or post-traumatic rehabilitation.

6. Blockchain

Blockchain has been popularized in the context of cryptocurrency and Bitcoin and the security it provides. However, it offers security that can be useful in several other ways. Blockchain can be defined as data that you can only add to, not remove or change. The result is many pieces of data that form a "chain", hence the name Blockchain.

The fact that existing data cannot be changed or deleted makes Blockchain a highly secure technology. Blockchains are based on consensus, which means that no single person or organization can take control of the data. There is no need for a third party to oversee the transactions. As more and more industries adopt and implement blockchains, the demand for skilled blockchain developers has also increased.

7. Internet of Things.

There are hundreds of real-life applications for the Internet of Things (IoT), from tracking activity with smart devices that connect to your phone, to remotely monitoring your home door or turning apps on and off. Businesses are also using IoT for many things, such as monitoring activity at remote locations from a central hub and predicting when equipment is going down so that corrective action can be taken before it's too late.

It is predicted that by 2030, over 50 billion devices will be connected via the Internet of Things. Worldwide spending on this technology is estimated to reach $1.1 trillion over the next two years.

8. 5G technology.

5G technology has the potential to change the way we see the online world. 3G and 4G technologies have changed the way we interact with mobile devices, enabling faster internet browsing, data services and increased bandwidth for live streaming.

5G aims to revolutionize our virtual interactions through the integration of AR and VR technology and better cloud gaming experiences. It will also be used in factories and businesses to monitor and streamline operations. 5G also has applications in road safety and rule enforcement, smart grid control, and smart retail experiences in the form of high-definition live cameras.

Telecom companies around the world are working to create 5G-ready services and devices. The technology was announced and rolled out in select locations in 2020, with a global launch in 2022.

9. Cyber ​​Security

Since the dawn of computing, cybersecurity has played a major role in ensuring a safer user experience. This is not a new trend, but as technology evolves rapidly, cyber security measures need to be constantly upgraded and improved. The number and intensity of threats and hacking attempts is increasing, which requires improving security protocols and strengthening systems against malicious attacks.

Data is the most valuable asset today and hackers are constantly trying to steal data or information. This is why cybersecurity will always be a trending technology and must constantly evolve to stay ahead of hackers. Demand for cybersecurity professionals is growing three times faster than any other technology occupation today. More and more businesses are realizing its importance, leading to businesses spending about $6 trillion on cybersecurity by 2022.

Cybersecurity job roles are changing from ethical hacker to security engineer to chief security officer. The salary is significantly higher than other technology job roles due to its importance in ensuring a secure user experience.

10. Full Stack Development

This is one of the latest industry trends within the software domain that is gaining momentum. It continues to grow as IoT becomes a more mainstream technology with a variety of applications. Full stack development covers front-end and back-end development of applications and websites.

Organizations are working to develop more user-friendly and comprehensive applications for their target audience. For this, a full-stack developer must have a deep understanding of server-side programming and web development. If you develop the skills needed to create a website, your services will always have a place in the industry. More and more businesses are moving to digital technologies every day, increasing the demand for web developers and designers.

11. Computing performance

The digital era has computerized every mobile device and application, firmly establishing the computing power of this generation. Data scientists have predicted that the infrastructure used to harness this computing power will only continue to evolve in the coming years. Computing power gives us advanced technologies that improve our lives and also creates more jobs in the technology industry. Fields like data science, data analytics, IT management, robotics, etc. have the potential to create the largest percentage of jobs in the country. Many international brands and companies hire from India because of the specialized training widely available in the country. The more computers our facilities need, the more specialized professionals will be needed and the economy will flourish as a result.

12. Datafication

As we convert parts of our lives into software and devices through data, we are undergoing datafication. In this process, data-driven technologies take over human jobs and tasks. Smartphones, office applications, industrial machinery and even AI devices all use data to interact with us and improve our lifestyles. Data has been a part of our lives for longer than you can imagine. Storing this data requires security, which has led to an increase in demand for data security specializations. IT professionals, data professionals, engineers, managers, technicians, all work in the same field. A career in the data field requires more skills than high-level qualifications. These skills can be acquired by taking some courses that teach you how the world of data works.

13. Digital trust

The world is getting tangled up and adapting to technology and mobile devices, leading to the development of high trust towards these technologies. The same trust also leads to a number of innovations. People believe that with various data security measures, technology can help us build a reliable, safe and secure digital world. This also leads to companies inventing and innovating new things without having to worry about data security. Cyber ​​Security, Ethical Hacking, etc. are a few specializations that can be used to enter this field. There are also a number of jobs available both nationally and internationally. Professional certifications and general courses are available for all courses that can lead to a high-paying job.

14. Internet Conduct

It is one of the fastest growing industry trends and has found application in almost every industry. IoB is a technology that uses data collected from user devices connected to the Internet. Large volumes of collected data are then analyzed and tracked to understand human behavior.

As more and more devices connect to the internet and more and more users adopt digital technology, this technology will play a significant role in the domain of Big Data, analytics, development and predictive analytics. You may have heard of IoT technology, which involves a network of physical devices connected to the Internet, where each device can communicate with another. In the future, more gadgets will become "smart" and be added to the network, such as cars and home appliances.

15. Predictive analytics

Predictive analytics is a software domain that helps businesses predict future customer behavior and trends. Some of the most common applications of predictive analytics are in risk management, marketing and operations. It is one of the most promising domains in data domain along with data science. If you want to enter the field of data, you can opt for data science, big data or predictive analytics. That way, you'll have future-ready skills that command among the highest salaries in the industry today.

 

16. DevOps

DevOps brings development and operations departments together within an organization to help improve and automate the software development process. DevOps has two leading applications within the organization:

By fostering collaboration between operations and development teams, businesses can ensure faster software upgrades and feature delivery to customers. It also means businesses see fewer errors and higher product quality.

17. 3D printing

3D printing has become a key technology used to create prototypes, especially in the industrial and biomedical fields. 3D printers allow you to create a real object from a printer! Needless to say, this cost-effective innovation is here to stay. Brands and companies working in the healthcare, data, and industrial sectors need 3D printing for their products, which has increased the demand for people specializing in machine learning, 3D printing, modeling, and artificial intelligence.

18. Artificial intelligence

Currently, there are several offerings as a service such as PaaS, IaaS, and SaaS. AI-as-a-service is a cloud-based solution that offers AI-based functionality. Several AI providers offer this service in several disciplines and industries. It enables AI organizations to access advanced features and capabilities without having to invest in expensive hardware or equipment maintenance.

19. Genomics

Can technology study your DNA and help you fight disease, improve health, etc.? Yes! The field of genomics uses technologies that can study the makeup of your DNA and genes, map them, etc. They also help quantify your genes, making it easier for doctors to find potential health problems lurking in the dark. Various technical and non-technical roles are available in this field. Technical work will involve analysis, design and diagnosis, while non-technical work will involve theoretical analysis and research.

The world of technology is rapidly evolving and trends change rapidly. As an IT professional, you need to stay on top of these trends to build a successful career. What's more, if you're looking for one area of ​​expertise to focus your career on, understanding how each of these technologies work, together and individually, will give you an edge over other candidates applying for the same job as you.

20. Wearables and Augmented Persons.

What started with fitness trackers has now expanded into an entire industry of wearable technology designed to improve human performance and help us live healthier, safer and more efficient lives. In the future, we may even see humans merge with technology to create augmented humans or transhumans.

21 Big data and advanced analytics.

Big Data refers to the exponential growth in the amount of data created in our world. Thanks to augmented analytics (highly advanced data analysis, often powered by artificial intelligence techniques), we can now understand and work with extremely complex and diverse data streams.

22. Smart spaces and smart places.

This trend is closely related to the Internet of Things, and thanks to this trend, physical spaces such as homes, offices and even entire cities are becoming increasingly connected and smart.

23. Cloud and edge computing.

Cloud computing, where data is stored on other computers and accessed over the Internet, has helped make data and analytics available to the masses. Edge computing, where data is processed on smart devices (such as phones), takes this to the next level.

24. Digital Augmented Reality.

This trend, which includes virtual reality, augmented reality and mixed reality, highlights the shift towards creating more immersive digital experiences.

25. Digital twins.

A digital twin is a digital copy of a real physical object, product, process or ecosystem. This innovative technology allows us to test changes and modifications that would be too expensive or risky to try on a real physical object.

26. Natural language processing.

This technology, which allows machines to understand human speech, has dramatically changed the way humans interact with machines, and this in particular gave rise to it.

27. Voice interfaces and chatbots.

Alexa, Siri, chatbots, many of us are now quite used to interacting with machines simply by speaking or typing a request. In the future, more and more companies will decide to communicate with their customers through voice interfaces and chatbots.

28. Computer vision and facial recognition.

Machines can talk, so why shouldn't they also see? This technology allows machines to visually interpret the world around them, facial recognition being a prime example. While we'll undoubtedly see more regulatory scrutiny over the use of facial recognition, the technology isn't going anywhere.

29. Autonomous vehicles.

2020 will be the decade in which autonomous vehicles of all kinds—cars, taxis, trucks, and even ships—become truly autonomous and commercially viable.

These aircraft, which are controlled either remotely or autonomously, have changed the face of military operations. But the impact doesn't stop there. Search and rescue missions, firefighting, law enforcement and transportation will all be transformed by drone technology. Get ready for personal drones (drone taxis) too!

30. Mass personalization and micro-moments.

Mass personalization is, as you might expect, the ability to offer highly personalized products or services on a mass scale. Meanwhile, the term micro-moments essentially means responding to customer needs at exactly the right moment. Both are possible thanks to technologies such as AI, Big Data and analytics.

31. 3D and 4D printing and additive manufacturing.

 Although it may seem low-tech compared to some other trends, 3D and 4D printing will have very wide applications and will be especially transformative when combined with trends such as mass personalization.

32. Nanotechnology and materials science.

The growing ability to understand materials and manipulate matter on a small scale is giving rise to exciting new materials and products such as bendable displays.

It may still sound like science fiction, but nanotechnology is slowly entering our everyday lives. By the end of 2021, fantastic news has spread around the world: scientists have created small organic robots. which are capable of self-replication. So it is safe to assume that 2023 may bring a lot of revolutionary news in the field of nanomedicine. The nanomedicine industry offers huge potential and welcomes early investors.

The use of nanoscale (microscopically tiny) materials and objects such as biocompatible nanoparticles, nanoelectronic devices or even nanorobots for specific medical purposes and manipulations such as diagnosis or treatment of living organisms.

33. Smart implants in surgery.

The volume of opportunities for 3D printing in the medical field is estimated to be more than 6 billion USD by 2027. 3D printing of biocompatible implants is not a new method in 2023, but the technology will definitely become more reliable and accessible to a wider range of patients, with new materials and more sophisticated methods of prosthetics.

Specifically, it is expected that advances in 3D bioprinting technology may offer improvements in the following areas: Reduction of manufacturing time and cost for implants and bionic prostheses. More affordable customized bionic prostheses for knees, spine, skull, hips, etc.

Custom or personalized design of surgical instruments and medical devices. New generations and types of implants, implant engineering and implant materials expected to perform better, match better and last longer.

 34. Interoperability and data sharing between healthcare entities

It is common for each clinic to have its own patient history database. With this approach, patients must undergo comprehensive diagnostics every time they see a new health care provider, which means double the cost of repeat procedures.

Interoperability involves the creation of a universal database that can be accessed by all clinics that serve a particular patient. Because the systems of the human body are interconnected, a comprehensive medical picture can support much better outcomes than a limited data set that includes a few reported symptoms but not the underlying reasons for health disorders. 2023 takes health interoperability projects to the next level.

35. Co-creativity of machines and extended design.

Thanks to artificial intelligence, machines can do many things, including creating artwork and designs. As a result, we can expect creative and design processes to shift towards greater collaboration with machines.

36. Digital platforms.

 Facebook, Uber, and Airbnb are all well-known examples of networks of digital platforms that facilitate connections and exchanges between people. This trend is turning established business models on their head and leading many traditional businesses to move to or incorporate the platform.

Final note

Technology has become a key part of our society. Without technological advances, much of our daily life would be drastically different. As technology evolves, it strives to meet the changing needs of society. Technology advances as society evolves. That being said, the value is different for everyone and varies according to how much people value technological and scientific advances in their own lives. The future is only technology. In 2023, these people and/or businesses could not adapt to the new technologies being prepared, they will not fulfill their individual and business goals.