aster.cloud aster.cloud
  • /
  • Platforms
    • Public Cloud
    • On-Premise
    • Hybrid Cloud
    • Data
  • Architecture
    • Design
    • Solutions
    • Enterprise
  • Engineering
    • Automation
    • Software Engineering
    • Project Management
    • DevOps
  • Programming
    • Learning
  • Tools
  • About
  • /
  • Platforms
    • Public Cloud
    • On-Premise
    • Hybrid Cloud
    • Data
  • Architecture
    • Design
    • Solutions
    • Enterprise
  • Engineering
    • Automation
    • Software Engineering
    • Project Management
    • DevOps
  • Programming
    • Learning
  • Tools
  • About
aster.cloud aster.cloud
  • /
  • Platforms
    • Public Cloud
    • On-Premise
    • Hybrid Cloud
    • Data
  • Architecture
    • Design
    • Solutions
    • Enterprise
  • Engineering
    • Automation
    • Software Engineering
    • Project Management
    • DevOps
  • Programming
    • Learning
  • Tools
  • About
  • Tech

The 4 Tech Booms To Watch Out In 2020s

  • root
  • January 13, 2020
  • 2 minute read

These four technologies are projected to experience rapid growth in terms of revenue in the new decade:

 


Partner with aster.cloud
for your next big idea.
Let us know here.



From our partners:

CITI.IO :: Business. Institutions. Society. Global Political Economy.
CYBERPOGO.COM :: For the Arts, Sciences, and Technology.
DADAHACKS.COM :: Parenting For The Rest Of Us.
ZEDISTA.COM :: Entertainment. Sports. Culture. Escape.
TAKUMAKU.COM :: For The Hearth And Home.
ASTER.CLOUD :: From The Cloud And Beyond.
LIWAIWAI.COM :: Intelligence, Inside and Outside.
GLOBALCLOUDPLATFORMS.COM :: For The World's Computing Needs.
FIREGULAMAN.COM :: For The Fire In The Belly Of The Coder.
ASTERCASTER.COM :: Supra Astra. Beyond The Stars.
BARTDAY.COM :: Prosperity For Everyone.

These figures come from December 2019 projections consolidated by Statista from multiple sources. Let’s look at each technology one by one.

1. Artificial Intelligence (AI)

By 2023, the annual global AI revenue is projected at $98.4 B. While there are of course concerns about the emergence of AI, the impact of the technology in the way we live is undeniable.  It is changing governments, providing solutions to cybersecurity issues, altering the way we do our jobs, improving our daily lives, and so much more. The applications of the technology are practically endless.

While AI started as a rather minuscule sector, it is expected to continue growing over the decade as more companies and industries uncover the benefits of switching to technology.

2. Electric vehicles

10 million electric vehicle units are expected to be sold by the year 2025. By the year 2030, this will increase to 28 million units sold.

Currently, electric vehicles are deemed to be luxury purchases. However, as the technology for these vehicles continues to develop, the cost of purchasing one is expected to lower down enough for it to cater better to the global market.

Electric vehicles have the appeal of sustainability. These types of vehicles are especially needed now that we are having troubles in our climate. Electric vehicles which are at the same time self-driving might also be the solution that we need to finally put an end to the dreadful traffic situation in our cities.

Read More  Deliveroo’s Exit From Australia Shows Why Gig Workers Need More Protection 

3. 5G devices

Being a fairly new technology, the adoption of 5G  in smartphones is fairly small at 1.1% this year. However, by the year 2025 this figure will inflate to 30.1%.

Right now, the necessary infrastructures that will allow the seamless adoption of the technology are still being built. Once these are set up, 5G tech will bring numerous benefits including increased download speeds, better online streaming, and increased connectivity in cities.

4. Internet of Things (IoT)

The emergence of 5G will also drive the growth of another technology: Internet of Things (IoT). The development of this technology demands an extremely reliable internet connection. 5G is the perfect solution to this problem.

In 2018, the number of devices connected to the internet is estimated to be 22 billion. This large number will further increase to 38.6 billion by 2025. By 203o, this will inflate to a staggering 50 billion, completely outnumbering the human population.

The four tech booms of 2020 revolve around connectivity and improved human quality of life. This decade appears to be transforming into something that we have never imagined will be possible just a few decades back.

These tech booms are also a reminder for us to never cease innovation since we don’t know which one will be the next technology that will transform our lives.  It is also a reminder for us to continue seeking knowledge that will bring humanity to never before seen heights.


For enquiries, product placements, sponsorships, and collaborations, connect with us at [email protected]. We'd love to hear from you!

Our humans need coffee too! Your support is highly appreciated, thank you!

root

Related Topics
  • 2020
  • 5G
  • Artificial Intelligence
  • Autonomous Vehicles
  • Future
  • Internet Of Things
You May Also Like
Getting things done makes her feel amazing
View Post
  • Computing
  • Data
  • Featured
  • Learning
  • Tech
  • Technology

Nurturing Minds in the Digital Revolution

  • April 25, 2025
View Post
  • Tech

Deep dive into AI with Google Cloud’s global generative AI roadshow

  • February 18, 2025
Volvo Group: Confidently ahead at CES
View Post
  • Tech

Volvo Group: Confidently ahead at CES

  • January 8, 2025
zedreviews-ces-2025-social-meta
View Post
  • Featured
  • Gears
  • Tech
  • Technology

What Not to Miss at CES 2025

  • January 6, 2025
View Post
  • Tech

IBM and Pasqal Plan to Expand Quantum-Centric Supercomputing Initiative

  • November 21, 2024
Black Friday Gifts
View Post
  • Tech

Black Friday. How to Choose the Best Gifts for Yourself and Others, Plus Our Top Recommendations.

  • November 16, 2024
zedreviews-Apple-iPhone-16-Pro-finish-lineup-240909
View Post
  • Featured
  • Gears
  • Tech
  • Technology
  • Tools

Apple debuts iPhone 16 Pro and iPhone 16 Pro Max

  • September 10, 2024
zedreviews-Apple-iPhone-16-Apple-Intelligence-240909
View Post
  • Featured
  • Gears
  • Tech
  • Technology

Apple introduces iPhone 16 and iPhone 16 Plus

  • September 10, 2024

Stay Connected!
LATEST
  • college-of-cardinals-2025 1
    The Definitive Who’s Who of the 2025 Papal Conclave
    • May 7, 2025
  • conclave-poster-black-smoke 2
    The World Is Revalidating Itself
    • May 6, 2025
  • oracle-ibm 3
    IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud
    • May 6, 2025
  • 4
    Conclave: How A New Pope Is Chosen
    • April 25, 2025
  • Getting things done makes her feel amazing 5
    Nurturing Minds in the Digital Revolution
    • April 25, 2025
  • 6
    AI is automating our jobs – but values need to change if we are to be liberated by it
    • April 17, 2025
  • 7
    Canonical Releases Ubuntu 25.04 Plucky Puffin
    • April 17, 2025
  • 8
    United States Army Enterprise Cloud Management Agency Expands its Oracle Defense Cloud Services
    • April 15, 2025
  • 9
    Tokyo Electron and IBM Renew Collaboration for Advanced Semiconductor Technology
    • April 2, 2025
  • 10
    IBM Accelerates Momentum in the as a Service Space with Growing Portfolio of Tools Simplifying Infrastructure Management
    • March 27, 2025
about
Hello World!

We are aster.cloud. We’re created by programmers for programmers.

Our site aims to provide guides, programming tips, reviews, and interesting materials for tech people and those who want to learn in general.

We would like to hear from you.

If you have any feedback, enquiries, or sponsorship request, kindly reach out to us at:

[email protected]
Most Popular
  • 1
    Tariffs, Trump, and Other Things That Start With T – They’re Not The Problem, It’s How We Use Them
    • March 25, 2025
  • 2
    IBM contributes key open-source projects to Linux Foundation to advance AI community participation
    • March 22, 2025
  • 3
    Co-op mode: New partners driving the future of gaming with AI
    • March 22, 2025
  • 4
    Mitsubishi Motors Canada Launches AI-Powered “Intelligent Companion” to Transform the 2025 Outlander Buying Experience
    • March 10, 2025
  • PiPiPi 5
    The Unexpected Pi-Fect Deals This March 14
    • March 13, 2025
  • /
  • Technology
  • Tools
  • About
  • Contact Us

Input your search keywords and press Enter.