With Covid-19 causing uncertainties in 2020, all entrepreneurs are seeking new emerging technologies to change their fortunes for the better. These innovative technologies may perhaps be the key in today’s post-pandemic world. Experts believe that technologies like AI (Artificial Intelligence) and digital biomarkers can enable businesses to make progress.
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Top 10 Emerging Tech Trends 2021
1. Top 10 Emerging Technologies in 2021
With Covid-19 causing uncertainties in 2020, all entrepreneurs are seeking new
emerging technologies to change their fortunes for the better. These
innovative technologies may perhaps be the key in today’s post-pandemic
world. Experts believe that technologies like AI (Artificial Intelligence) and
digital biomarkers can enable businesses to make progress. There
are advanced technologies that are known to support such transitions. It
includes green hydrogen, alternative proteins and autonomous vehicles.
10 emerging technologies to watch for in 2021
Natural language processing: You need to look for emergency techniques
and tools that are used to analyze, process and generate text. It includes
chatbots, machine translation and voice assistants. The last five years have
witnessed a 44% compound yearly growth rate reaching over 3,000
publications annually.
Autonomous vehicles: Vehicle automation is expected to be on the rise.
The future is all about commercial and consumer vehicles without drivers.
Efficiency and safety need to be given priority at all levels when vehicle
automation is concerned. This is sure to benefit both commercial and
2. consumer vehicles. In this sector, the emerging technologies to look out for
are connectivity and sensors.
AI-enabled sensors: This industry is said to have crossed $1.8 billion and is
fast expanding. There are different types of sensors that can be combined
with AI and machine learning to make more impactful insights.
Operators/developers can also extra more value from the sensors. It allows
internal process improvement along with the creation of new products.
Plastic recycling: There has emerged another technology that can transform
plastic waste into valuable products. This way, pollution concerns can be
reduced significantly. Apparel and food manufacturers are committed to
increasing recycled content usage and recycling rates. The world is seeking
modern innovations that can help transform unwanted waste into usable
products.
Green hydrogen: Vehicles with internal combustion are being slowly
replaced by those with hydrogen fuel cells. Green hydrogen when promoted
can help de-carbonize the industrial processes. It is possible to store as well
as transport ‘Green’ hydrogen as it is created from renewable electricity. It
offers a more flexible and robust energy transition.
Bioinformatics: Pharmaceutical companies are using bioinformatics
technology for discovering new things. There are also present far-reaching,
new opportunities like safety, risk assessment, traceability, diagnostics and
personalization. Multiple industries can benefit from bioinformatics,
including agriculture and food. The biotech and pharmaceutical industry has
been shifting steadily towards biological treatments. The development
process is likely to witness an increased role from bioinformatics.
Alternative proteins: Plant-based proteins are considered to be a rapidly
emerging alternative to the traditional meat industry. There is noticed a
sharp increase in the demand for the supply for protein-based items.
Shared mobility: Innovations in mobility is another trend to watch out for in
2021. It includes mobility-as-a-service business, autonomous taxis, ride-
hailing and car-sharing. The future of mobility is likely to be redefined by
3. self-driven cars, connectivity, zero-emission vehicles and innovative
materials.
Materials informatics: AI techniques are expected to help accelerate
material and chemical development. However, most companies in this
sector are in their nascent stage testing different business models. There is
sufficient opportunity for companies to explore and dominate the industry.
3D printing: The next decade is expected to witness an increase for demand
in 3D printing techniques. The two major projected trends are digital
transformation and sustainability. It refers to objective additive fabrication
by patterning, depositing material in successful layers.
Innovation is not merely about technology enhancements. Rather, it also helps
generate an entire process exclusively for every application. Hence, future
emerging technologies are likely to place more emphasis on process
development.