Tech Trends for 2020 – what’s in store?
What will the next twelve months have in store for us? What are the big tech trends for 2020? Will Machine replace man in the workplace? Will the right moves be made to ensure the digital skills gap will be closed, or at the very least managed? These are all uncertainties, but one thing is sure, it’s all very exciting.
The tech space is becoming more and more interesting by the day. We’re witnessing advances in automation and AI like never before. Industries are changing, and new competitions are popping up everywhere. Let’s take the banking industry as an example. No longer are banks up against just other banks, they now know that their future competitors could be mammoth tech giants. Facebook’s Libra currency may look like it’s failing so far, but surely this is just the beginning?
So, 2020 is upon us, and the technology train is not going to slow down – and much like last year, the technologies on the horizon appear to add to the importance of Python as a language. Here are some things to keep an eye on in 2020.
We’ve all heard so much about it, but 2020 is the year for the roll-out of 5G. Yes, this is a big deal – that is until somebody tells us that an even faster 6G is on the way. Until then though, prepare yourselves for the awesomeness of a 5G network. We already know that some of the networks are ready and many of the latest-generation phones are all set for 5G connectivity. But what is 5G, and in the grand scheme of things, what does it mean?
Have a seat.
5G is the fifth generation of mobile network technology. It’s faster and better than all of its predecessors 4G, 3G, and earlier. We’re told that this has the capability to be 100 times faster than 4G. To give you an example as to what this means, CNBC uses the following scenario. They say that to download a 2-hour movie on 3G would take approximately 26 hours. To download the same on 4G would take about 6 minutes. However, to do the same on 5G, it is estimated that it will take about 3.6 seconds. That is pretty fast!
Internet response times will apparently go from .045 seconds on 4G to .001 seconds on 5G. This swiftness will help the advancement of things like autonomous driving, rapid response in healthcare and more. This high speed also means that the Internet of Things should become even better, more fluid and more connected.
The biggest problem that 5G faces is demand. The network is new and it will take a long time for 4G users to upgrade. Infrastructure needs to be completely in place, but 2020 will see 5G enter the mass market.
Blockchain makes the cut again for 2020. Forrester reckons that the big thing for Blockchain in 2020 is integration and interoperability.
As many predicted, Blockchain grew a lot during 2019 as more and more businesses got to grips with what it could do. In 2020 however, the prediction is that companies will turn their focus towards integrating with legacy data systems and communicating with external blockchains.
The big predictions from Forrester on Blockchain are:
- “More than 80% of blockchain deployments will be hybrid or multi-cloud — or both.”
- “Interoperability will move center stage.”
- “The public vs. private/permissioned blockchain debate will reach executive teams.”
Autonomous driving has to be one of the most visually compelling things out there. When the world is eventually ready for fully-autonomous cars, we’re all going to have readjusted our thought processes while we are out and about. Think about it, with the introduction of electric vehicles, we all had to do a bit of readjustment. Initially, we’d see a car approaching us, but the lack of engine noise played tricks with us, and some of us were actually still thinking about whether or not it was safe to cross that road.
Well, the same thing is going to apply to autonomous cars. Imagine, we’ll be looking at loads of vehicles with no drivers. Right now, it seems insane, but this is going to be our future. The thing is, this is not what we’re going to see next year. We’re going to see advances in autonomous driving. We’re going to see further research into LIDAR, RADAR and camera technologies. We should also see further debates into the moral questions surrounding accidents relating to autonomous vehicles into the future.
Health tech will soar
The health tech sector should see some massive changes throughout the 2020s. Markets and Markets predict that the industry will be worth a whopping $390.7 billion by 2024.
IoT (Internet of Things) will play its part in healthcare. Remote monitoring of conditions and wearable technologies will become more prevalent, which will mean that access to healthcare should be made easier.
According to Medium.com, 3D printing will play an even bigger part for prosthetics, tissue engineering and surgical tools. Medium also reckons that natural Language Processing (NLP) and Machine Learning will assist more in the industry over the coming years. With NLP, the tracking and forecasting of clinical notes will be made easier and accessibility to files will be simpler. Machine Learning will continue to grow in the industry, adding to the benefits already achieved from Virtual Nursing, Image Analysis and Personalised Treatment.
The world of XR (Extended Reality) is ahead of us. We’re all getting used to concepts like VR (Virtual Reality), MR (Mixed Reality) and AR (Augmented Reality), but what do you get when you mix all of these manufactured “realities” together? What you get is the amazing concept of XR. According to Forbes, by 2022, the value of the XR market will be worth eight times its current worth. They say it should reach a value of circa $209 billion.
In the future, XR will prove itself extremely useful for business. Think about being able to give customers a chance to try your products from the luxury of home? For example, with XR, according to Forbes, IKEA customers can place furniture virtually in their homes via a smartphone. Forbes also tells us that “Workers can connect to the home office or with professionals located around the world in a way that makes both sides feel like they are in the same room.”
What is AIaaS? It’s Artificial Intelligence as a Service, and Research and Markets reckon that the AIaaS market will be worth $11.6 billion by 2024. Among many other things, AI I is being used to improve productivity among businesses. As a service, it’s finding its way into every industry from retail to IT and telecoms to healthcare and governments. This will continue to grow among every business.
Get the skills
For those of you who are lucky enough to possess the necessary skills in any of these verticals, you are now in a very opportune position. These are incredibly exciting industries in which to work.
It’s no mistake that Code Institute chose to teach its students Python. As a language, it is one of the necessary skills that drives many of the technologies mentioned above. It’s the language of the future. Our programme was created with insights from our Industry Advisory Council (IAC), which includes global technology companies like GSK, Paypal, Accenture, Salesforce and more. Their input into our Full Stack in Software Development programme ensured that our students graduate industry-ready with languages that are vital to the current digital workforce.
No matter what trends appear throughout 2020 and beyond, one thing is for certain, the tech world and what it offers does not look like it will be slowing down any time soon.
If you want to see if you have the aptitude for software development, try our free 5 Day Coding Challenge today. Register through the form below.