Best 5 Major Technology Trends to Watch in 2023

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Written By Nidhi Sharma

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Modern tools and technologies are constantly being developed and released. We live in an advanced age. IT professionals need to keep up-to-date with current technology. This is the new norm: IT professionals must keep up with the latest technological trends and adapt them to improve our lives.

The COVID issues have seen an incredible amount of amazing apps and technology -- but there should be a lot more technology in 2023. These five technologies will likely be the most popular in the next decade, according to me.

Five Major Technology Trends to Watch in 2023

  • Metaverse

In 2021, Mark Zuckerberg promoted the Metaverse when he took the idea to social networking. Many companies began exploring their own versions and being part of this innovation in the metaverse.

The metaverse connects digital technologies, such as virtual reality or augmented reality. Users exist in a digital world. This is an opportunity for all parts of our lives, to be expressed in a new way.

GameFi and Play-To-Earn, two examples of the metaverse models that provide steady income streams for people around the world, are GameFi and Play-To-Earn. These models are excellent examples of how the metaverse will be implemented in the future. They show that people are open to spending their time in virtual worlds while earning money.

Metaverse market finance is predicted to grow by 20.59% year over year (YoY) from 2022 to 2023.

  • Artificial Intelligence (AI)

AI technology refers to intelligence that is smarter than the human brain and behaves like humans. AI technology has many benefits for society today. In the form of virtual assistance such as Google Assistant, Siri, and Cortana.

AI is rapidly taking over our lives and it doesn't appear to be slowing down. AI is becoming more sophisticated and innovative every day to fulfill more human tasks.

According to Gartner's AI Hype cycle, companies should "pay attention early to innovations that are expected to reach mainstream adoption in two-five years or less," including decision intelligence and composite AI.

AI will soon take over many human jobs and provide new opportunities and tools. AI will complete tasks in half the time it takes humans.

  • DevOps

Development and Operations (DevOps), an organizational approach, allows for faster application development and easier maintenance.

DevOps is a popular tool for automating tasks in many companies. DevOps is being used by companies like Amazon, Google, and Netflix to improve productivity and efficiency.

DevOps is a tool that has two major applications in an organization.

  • Reduce the time it takes to deliver software
  • Improve general product standard

Companies can provide faster software updates and feature delivery by encouraging collaboration between operations and development teams. Companies will also see fewer errors and better product quality when they collaborate between their development and operations teams. A report by Acumen and Consulting shows that DevOps will grow to $37,227 in 2030, with a 20% CAGR.

  • Cybersecurity

Cybersecurity is not as new as other emerging technologies such AI and robotics. However, it has been around for some time. It is still evolving like all other technologies. Three times more cybersecurity jobs are being created than any other technology jobs. This is a sign of the immense demand for cybersecurity professionals.

Cybersecurity is, in a nutshell: it's the part that protects businesses and organizations against electronic threats like hackers and machines.

As businesses deal with the cyber threats posed by remote working and eCommerce, cybersecurity is a top business priority. Cybersecurity should therefore be on everyone's mind in 2023.

  • Quantum Computing

This can be used in a wide range of industries to perform calculations and innovations that were impossible with older computers.

It has the potential for society to be a boon in many ways. This includes making smarter investments, speeding up drug and vaccine development, revolutionizing transportation, and more.

Supercomputers today encode information in bits (0, 1), while quantum computers are made of quantum bits (qubits). Quantum computing can be both 1s and 0, so it is possible to have both 1s or 0s. This allows quantum computers to multitask, which makes them much more efficient, especially for research and development.

Many industries will be able to benefit from the emerging system of quantum computing, including machine learning, cybersecurity, and artificial intelligence (AI).

Current strategists believe that quantum computing could be "as revolutionary in 2020s as smartphones were back in 2010s."

Conclusion

This is the age of digitization and modernization. The world is changing online, and so is the physical world. Technology is constantly improving, and every year brings new innovations and innovative projects.

Although 2022 was a fantastic year for technology, let's look at 2023 and see how far it takes technology.

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