The biggest thing we are all watching in 2021 is to get a vaccine for Covid-19. No matter what life you are living new technology will always reshape your daily life. So, find what are the top trends to watch out in 2021.
1. Artificial Intelligence
AI Is already a well-known name for everyone in 2020. But AI is going to become omnipresent in every part of our day to day lives. But in 2021 AI will grow exponentially even feature in nearly every technological services and products. Tej Kohli who is a philanthropist and AI investor admitted that AI has four times as many applications like the internet which make the AI economy eventually worth $150 trillion. Even prominent technology and persons like Elon Musk are voicing their opinions about the AI risks, it is utilized for predicting maintenance, assessing risks. However, with effective apps in each industry, 2021 can be the year which AI comes of age finally.
2. Edge Computing
Cloud computing and cloud are an essential part of daily life. Now cloud computing is not an emerging technology anymore. Now we can also look at edge computing as the next big step. Edge computing is a concept which spread quickly from the telecom and mobile sector to every industry. Edge computing is very advanced than cloud which includes bypassing latency which exists with cloud computing. As per reports, the global edge computing market set to worth $6.72 billion in 2022, by blue-chip businesses like Microsoft investing billions into quickly emerging edge computing revolution.
Most people will be surprised to know that cybersecurity made our list as one trend to look at in 2021 yet it definitely deserves a very good spot in our list. Cybersecurity is already dominating the priorities of every firm where they are adapting to this global pandemic.
Work from home employees identities, devices are the brand new security parameter where cybersecurity technologies are evolving constantly with hackers who are more advanced. Even reports showed that the global cybersecurity market is worth $173B by 2020 which can be worth $270B in 2021. Even jobs are increasingly thriving faster than other jobs in this technology work, look for cybersecurity tools which can be vital in our daily work and even in our home life by 2021.
4. New Business Models For Saving World
Banking, internet, lifestyle, 5G and more should not cost the world for us. If the web consumes more energy and generates CO2 like global air traffic where figures are maximising the new forms of compensation and energy are vital, yet new business models which conserve resources and energy.
In comparison to linear economy resources which aren’t consumed yet utilized. So biological cycles for customer products, technical cycles for customer products are made on a closed loop basis. New product paradigms like design concept cradle to cradle, repairable products like fair phone, sustainable offers in the financial sector are examples of new company models depending upon sustainability. Company models turn to three dimensions, ecological and social dimension complement economic dimensions which pave a part for holistic solution approaches like social business, impact models, share economy of any type, and green hosting.
5. Best Health Viewed As Status Symbol
In western societies maximised cost of healthcare suspend created trouble of personal health and preventive medicine optimisation more essential. Even in the future a good sense of well being will turn to a status symbol the same to the way of one’s own car and home used to be.
6. Digital Transformation in Business
From the last few years are characterized by the virtualization of marketing and the process to the consumer. This step is still underway in many industries, but no company has a site or digital transaction to the consumer. Digital offers from Chatbots to automatic and digital insurance application kinds, further education, holidays are made which are visibly utilized where processing is error-prone and manual in a worse scenario.
So it is needed where most companies will pursue this topic for upcoming years for turning company to service-based transparent along with permeable architecture to take employees in the process. It is a duty to convert to agile internally as a business. Companies who are not ready to convert their companies to microservices internally could lose the competition and consumers due to the frequency of speed of adaptation of company processes and models are definite yes.
7. Digital Changes Impacts Future Children
Most reflective handling of digital media is needed because of their addictive potential. Build comprehensive digital competence suited for kids and set the best example. Digital Media is a self-evident omnipresent part of young, children and growing people’s life and daily world. Many more forms, places of action and communication created by media which impact the personality improvement of children at a similar time, on the path families forms and family life.
Small kids are swiping mobile phones, controlling Alexa, taking pictures with a camera and they know Amazon is the place to buy toys. We have the main responsibility for placing our children’s health at very first. Digital Media have negative effects on children which can damage motor skills and perceptive faculties. Do you know that those likes in social media are the reasons for depression in children and teenagers?
When digital media take control in every area of our life, loss of empathy, depression, cyber stress, attention and sleep disorders could be consequences of digital overconsumption. Children even lose connection with the world due to the consumption of digital media. Despite the benefits and potential which digital media offers us in terms of social and economic development dangers of children’s minds and bodies should be aware due to serious consequences.
8. Fashion Trends
This uncertainty in the world right now changed how people shop. Now people are taking time for buying rather than pulse purchasing. Seasonal trends are a way of life. Even people thinking about the long term impact of expenditure and what we require rather than the luxury of what we require. People will look for comfortable and classic ones. People will be more selective than ever and decide over styles for every season based upon if they think that events and seasons will materialize.
Now fast fashion labels have done two things, they tapped to broader aimed consumers and given luxury labels competition. Brands finding difficulties in branding new styles. People thinking if there is no place to go why to buy new fashions. So, independently fashion brands will face difficulties.
Gloves, masks are new normals now. But trends keep evolving as you keep moving. In 2021, we can see just minimalistic clothes and accessories. People like to wear something comfy, simple like sneakers than high fashioned boots. Accessories will take a huge part in 2021 fashions. Small handbags and fun jewellery could steal the show. As per fashionistas, the green colour will be trending.
9. Smart Home Demands
Internet of Things apps are hugely expanded tons of home technologies which will even maximise continuously where this adoption of this technology will make your home interactive one. Evolving required customer safety, convenience, security, energy consumption is the main enabler of smart home market growth. A smart home contains a wide array of technology and features which are interconnected with the help of IOT, AI, VR, AR, voice-first technology and even more.
Internet of things devices vulnerable for security breaches which make them a simple target for DDoS attacks. In where blockchain will emerge as a reliable solution for making sure of data security. As distributed ledger technology, it helps address a few if the IOT scalability and security challenges. Credited to their different merits and capabilities. Blockchain is a detailed game-changer, offering a path for details to be shared and recorded by the user community.
11. Workforce Management
Despite disruptive techniques which are turning customer markets, IOT has the capacity to maximise productivity and efficiency of the workplace. The workplace of every firm is the linchpin of its functions and operations which produce revenue and steer business growth. Managing them could be a challenging task to achieve by the internet of things solutions. IoT systems and workforce management utilize a similar ecosystem of communication protocols and cloud computing. Associating them together could offer flexibility and leverage visibility in the turn and aid analytical tools for foreseeing accurate profitable measures.
12. Shoppable TV
Have you ever experienced watching something on tv and thought that’s a nice sneaker to have? Soon enough you can click, find, but that nice sneaker. NBC rolled shoppable tv ad which could connect programs to a smartphone, making viewers buy what is over the screen. This technology will be incorporated into smart television directly soon to give new worry of sitting over the remote. This can link shopping and viewing to buying experience which benefits retailers and shoppers.
This is known as the second hand of commerce which will be renewed revival next year. Recent polls predicted that the second-hand market will grow. If you are thinking we are done with eBay think again. As people impacted by sustainability more than cost, second-hand sales of the luxury item will have an eCommerce business. This offers a good chance for labels to open its own e-commerce market and turning second-hand shopping to an exciting shopping experience.
Do you think of any other trend which will rocket through in 2021? Let us know.