Technology is something that is constantly evolving and upgrading itself every single day. But what exactly can we expect next in the field of technology? Now the next question would be are you in sync with the rapid adoption rate of the different new digital technologies?
Keeping up with the pace of technology is important for online businesses as well if they want to ride the wave of innovation. In addition to this, there are various questions that need to be answered first, for instance, how upcoming technologies are impacting different digital products and online services.
Top Technology Trends that will take over in 2020
If we look at the present-day scenario, we can also say that today’s services, as well as products, need to be hyper-personalized as per the target audience’s preferences. The vision for future technology trends is to be highly complementary to continuously updating itself as per the new changes that are occurring in users’ on-demand experience.
Now, let’s take a look at some of the future technology trends that are likely to make it big in the year 2020:
- AI (Artificial Intelligence) Products and Services
AI a.k.a artificial intelligence technology trends include various digital products such as AlterEgo, which is a mind-reading wearable device, and the other being citizen robots, a great example of which is Sophia. These products are currently acting only as a promo for the fact that how big AI technology actually will get in the year 2020.
Apart from this, there are also many companies like Dominoes and Doordash that have already begun experimenting with drones as well as robot delivery. There are also Self-driving cars from brands like Tesla and Volvo, and we can now expect to book a driverless taxi ride from Uber in the year 2020.
- Data Policing
Ever since last year, when the European Union’s General Data Protection Regulation (GDPR) tightened its hold on privacy, as well as data protection laws, businesses and consumers alike have become more prey to their vulnerability to data fraud, information breaches, and cybersecurity attacks.
This can be backed up by some statistics that were released by Gartner. As per the report, it can be said that by 2020 nearly 70 percent of organizations and businesses will be exposed to personal data archiving and other such practices. In addition to this, That’s a 60 percent growth since the year 2018 when the number was at 10 percent.
There are also emerging technology trends like cryptocurrencies, for instance, and blockchain will soon be one of the upcoming technologies that are still noncompliant with the set of privacy guidelines.
- Digital Debit Format
One of the most recent technologies that have just made it into the industry is Facebook’s cryptocurrency project known as Libra which is also expected to be completely designed and developed keeping in mind the government regulations by the year 2020.
As cryptocurrencies are gaining more credibility in the marketplace, digital payment systems like Google Pay and Amazon Pay are also witnessing exponential growth in customer usage, in comparison to the traditional banking method.
- Personal User Profiling
Last but not least, we have the point of personal user profiling. Let’s put it this war that digital integration into users’ daily routine has become a key component. This is used for the purpose of data analytics for obtaining more information.
As consumer analytics becomes a primary priority for every business, this future technology trend is profiling target audiences and users that can be turned into potential customers by examining how they interact with the technology at present. You need to find answers to questions like, what social media apps do users most visit, how do they curate their different social media accounts and many more.
We can also say that the main trick here for online businesses is to integrate as well as adapt to a target individual’s preference for the latest technology trend.
So, these were some of the future technology trends that will make it big in the year 2020. And if you are an app development company, then our suggestion to you would be to stay updated with the latest trends that are taking place with respect to your industry vertical.