The participation of MobiDev at CES 2018 yielded a number of observations that allowed to outline 8 tech trends that will be relevant for business throughout 2018 and beyond:
- The Internet of Things was undoubtedly the dominating sphere at the event, and it could be roughly divided into 2 sectors: smart home and industrial IoT. The latter was represented by the world's major players, who showcased their approaches to innovation that reimagines manufacturing, maintaining its integrity.
- Smart home was represented by standalone products as well as comprehensive closed ecosystems, which attempt to obtain a bigger share of the rapidly developing market.
- Car manufacturers were deeply involved in tech innovation, rivalling even traditional tech companies in that respect.
- All enterprises are interested in innovation, but the very notion is seen in a different way by different companies. A number of well-established companies shifted focus to occupy new market segments.
- Data Science and Machine Learning already bring business impact, being applied in modern B2B software suites for a variety of business domains.
- Blockchain is seen as a solution to security-based products, although compelling examples are yet to appear.
- Augmented and Virtual Reality are still mostly embraced by the entertainment sphere.
- The concept of smart city is rapidly developing, yet a convincing step is yet to be taken.
According to the latest stats, the market size of augmented reality along with virtual reality is expected to reach $215 billion by 2021 (the market size of AR/VR technology already reached $17 billion in 2018).
A significant increase will affect game, healthcare, engineering, video entertainment and retail industry.
Thise huge market growth is a consequence of the AR/VR ability to blend the lines between digital and physical world and as a result the technology offers new ways of customer interaction.Here are a few basic benefits of AR/VR technology for business: it makes the user experience memorable; it creates personalized content and improves engagement; interaction increases customer retention; it's a buzz-worthy and noticeable technology.The text above is summary, you can find full article abut benefits of AR/VR here.
In 2018, the big innovations were augmented reality (AR) and virtual reality (VR) enhancement, as well as increasing dependency on the Internet of Things and Fintech.
Just a few examples of tech upping its game in 2018, these incredible tech innovations have done their part to enhance human life.Every year, just when it seems that the previous technological innovations cannot possibly be topped, they somehow are.
Technology is evolving at such an increasingly rapid pace that there is something new on the horizon practically every day.
This is an incredibly exciting realisation, and it is one that continues to foster excitement and impatience.Excitement, at the idea of all that is possible – particularly when it seemed for a minute like the peak had passed.
And impatience because, as tech continues to evolve beyond expectations, we become more accustomed to constant innovation, and we begin to yearn for it more and more often.
We are a greedy species, and technology’s rapid pace of development indulges the greedy part of us all.When the concept of wireless surround sound was first introduced, it was alien to most – something that, contrary to expectation, only made it even more exciting.
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