Technology Trends: Top 5 Predictions For 2022

Technology

Top 5 Technology Trends In 2022. 1. Blockchain technology. 2. Cyber Security. 3. 5G
Technology. 4. Cryptocurrency and Bitcoin. 5. A.I. and Machine learning.

The tech world is moving at the speed of light with the emergence of fresh technology trends.
Some of them are updates to what we saw in 2021.
The covid-19 pandemic served as a significant catalyst for specific tech trends. Most of them
focused on reducing the lockdown effect on businesses and their employees.
For instance, in 2021, we saw trends in cloud computing, telemedicine, DevOps services, distant
learning, etc. And there were predictions that cloud data would process a whopping 94% of all
workloads.
As covid-19 drags on, we do not expect to see a complete displacement of old technology trends
in 2022.
However, updates this year will focus on innovation, digital transformation, and economic
growth.
Here’s are the top five technology trends for 2022:

  1. Blockchain Security
  2. Cyber Security
  3. Robotic Process Automation
  4. 5G Technology as a Promising Technology Trend
  5. Cryptocurrency and Bitcoin
  6. AI and Machine Learning

Blockchain Security Technology Trend

You’ll probably think of cryptocurrency when you hear about blockchain. But that’s because
Satoshi Nakamoto created blockchain as a distributed public ledger to support bitcoin.
Blockchain helps to duplicate and distribute ledgers of transactions. With blockchain, no one has
exclusive access to a particular transaction.
This tight security has made blockchain technology attractive to different industries.
For instance, cyber security and banking experts are slowly introducing this technology trend to
protect against fraud.
Here’s a complete list of industries actively using the blockchain tech trend in 2022:

  1. Automotive
  2. Insurance
  3. Healthcare and life science
  4. Hospitality
  5. Media and Entertainment
  6. Government
  7. Telecommunications
  8. Travel and Transportation
  9. Supply Chain
  10. Oil and Gas
  11. Manufacturing
  12. Banking and finance services

The Cyber Security Technology Trends

Cyber security is another technology trend already dominating 2022. According to an IBM
report, companies lost $4.24 million U.S. dollars to hackers in 2021.
This loss increased the urgency for cyber security in 2022. Companies like Microsoft, Amazon,
and IBM take the lead in advocating this tech trend.
Forbes reports that these losses wouldn’t just affect finances and data security. In 2022, experts
will have to worry about losing trust in technology.
In 2022, you’ll find a list of trends in these areas:

  1. Increased awareness of cyber security
  2. Geo-targeting phishing threats
  3. Machine learning
  4. Cloud Security
  5. Adherence to General Data Protection Regulations (GDPR) for E.U. nations.
  6. Advancement in I.T. Security Software.

Robotic Process Automation

Automation is one trend that dominated 2021 with a spending of about $10.9 billion U.S. dollars.
Unlike others that fizzled out with the lockdown, this trend continues to improve with new
advancements.
Process Automation helps you build robots that carry tasks requiring human and computer
interactions.
With RPA, you can automate most H.R. tasks like data entry, processing, and transfer.
And if your job requires several time-consuming tasks like copy-pasting in fields and file
opening, you need RPA. Here’s a roadmap to deciding what tasks require this technology trend:
● How repetitive are these tasks?
● Are they data-intensive?
● Do they involve a high rate of error?
● Would they affect the manual calculation of any sort?
● Would they require 24-hour involvement?
● Do they need multiple verifications?
● Do they involve a large number of resources?

How RPA Works: A Quick Checklist
RPA uses existing information in your system via backend or frontend channels.
Here’s a quick checklist to execute this technology trend.
● Decide the processes you need to automate. We recommend only repetitive tasks.
● Decide the feasibility of their automation.
● Restructure or adjust operations based on your feasibility report.
● Choose RPA vendor
● Implement the idea
● Measure Growth Performance

5G as a Promising Tech Trend

Another trend you should watch out for in 2022 is the 5G network technology. 5G means the 5th
generation of mobile networking technology.
5G promises a data rate approximately 10 to 100 times faster than 4G.
Although 5G is a new tech trend, it has substantially impacted the global economy.
How 5G Will Impact IoT
Speed is one of the most significant advantages of the 5G technology.
With the growing number of IoT-connected devices, the world needs this tech trend more than
ever.
It means there’ll be quicker sharing of data and more efficient connectivity.
5G and Edge Computing
Latency is the link between 5G and edge computing. Pairing 5G to the edge will mean more data
collection and faster data processing time.

The Cryptocurrency and Bitcoin Technology Trend

Bitcoin has dropped tremendously since December 2021 (from 47,128 to 43,198 as of April
2022).
Regardless of their volatility, bitcoin and crypto trading continue to trend each year. The reasons
are apparent.
Crypto transactions are safer, cheaper, and faster than fiat transactions.
Although some experts have expressed concerns about the future of bitcoin, 2022 started with
this technology trend.
Here’s a list of the most popular cryptocurrencies as of April 2022.

  1. Bitcoin (BTC) with a total market capitalization of $880 billion.
  2. Ethereum (ETH), $415 billion total market capitalization.
  3. Tether (USDT), $79 billion market capital
  4. Binance (BNB), $68 billion
  5. U.S. dollar coin (USDC), $44.5 billion
  6. Solana (SOL), $44.5 billion

A.I. and Machine Learning: A Crucial Tech Trend in 2022

Artificial Intelligence and machine learning are also trends taking over the tech world.
Machine vision, a breakthrough in artificial intelligence, allows computers recognize objects on a
video.
Apart from machine vision, voice recognition is an impressive breakthrough.
Conclusion
The top 5 technology trends for 2022 are blockchain security, cyber security, 5G Technology,
cryptocurrency/bitcoin, and automation. Several industries are introducing blockchain
technology to tighten security. The loss to cybercrime in 2021 has increased the need for cyber
security in 2022.
The significant advantage of 5G technology is speed. Pairing 5G to the edge will help improve
data processing time and collection. Bitcoin and other cryptocurrencies keep trending because
they’re safer, faster, and cheaper alternatives to fiat currencies.
Machine vision and voice recognition are significant breakthroughs in A.I. and machine learning.