2021 has been an incredible year for tech. Thanks to the COVID-19 pandemic, we've seen more digital transformations than ever. Even some of the world's tech giants, such as Facebook, underwent a rebranding by changing it's parent company name to Meta Platforms, Inc. So, what can we expect for 2022? Here are our predictions.
2021 has been an incredible year for tech. Thanks to the COVID-19 pandemic, we've seen more digital transformations than ever. Even some of the world's tech giants, such as Facebook, underwent a rebranding by changing it's parent company name to Meta Platforms, Inc.
Primarily, we saw many small businesses leveraging technology and innovation to increase their sustainability and accessibility. More and more online shopping, delivery, and curbside pickup tools emerged; the QR code showed up on every window, restaurant and bar table; and tap/mobile payments + "Face ID" have made the POS keypad a thing of the past.
On a broader scale, there was increased popularity of the investment and trade of new cryptocurrencies, such as the Dogecoin and an increased demand for digital collectibles like non-fungible tokens (NFTs). Tech had quite the year in 2021. So, what can we expect for 2022? Here are our predictions.
1. Continued rise of Artificial Intelligence
In the past year alone, we've seen an increase in artificial intelligence (AI) applications in sectors like healthcare, real estate and education. But don't think it'll stop there. Artificial Intelligence will become a driving force in many sectors over the next 12 months.
2. Cracking down on online privacy will continue
We've seen already with Apple's "hide my email" feature. Web users are getting far more serious about their personal information, how it's used and how it is shared. The increased use of privacy and security tools, encryption tools and IP address masking softwares are proving that users will be reading the "fine print" when using new websites, apps and social media platforms.
3. Tech verticals will grow substantially.
We predict verticals such as Cleantech, DaaS, Cybersecurity and more will boom. Why? Well, the increase in remote work creates a need for secure and reliable collaboration tools – when these tools are in high demand, it'll open up doors and career opportunities within these sectors. Additionally, the increase in cyberattacks in the past year that is said to cost businesses over $20 billion (57x more than in 2015)– leads us to believe that businesses will be looking to cybersecurity analysts to help beef up their online security measures.
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