Top 20 technologies for 2019

Posted by MarketsandMarkets on Jan 18, 2019 7:55:34 PM
MarketsandMarkets

Disruptive technologies are going to shape the future, wherein the technology innovation leaders must evolve and embrace changing trends to stay ahead of the competition. It is crucial to anticipate emerging technologies to make informed business decisions and the best plans. 2018 proved to be a catalyst innovation, and this trend is expected to continue in 2019. The industry thought leaders at MarketsandMarkets™ have outlined the Top 20 Technologies that are poised to reshape industries in 2019 and beyond. Although numerous new technologies are emerging and evolving rapidly, these 20 technologies are game changers now and will be for the foreseeable future. They have the potential to be disruptive over the next few years and organizations must proactively understand them for sustainability in a competitive market.

Top-20-Technologies-for-2019

Based on “Knowledge Store”, a market intelligence platform by MarketsandMarkets™ that enables clients to take advantage of emerging opportunities, and along with input from leading analysts, here are the top 20 technologies to watch out for and know how they will affect the world in 2019.

  1. Internet of Things (IoT): IoT started as a niche technology for startups but has now turned into a megatrend that has profoundly transformed the way individuals live and work. From reshaping the way we drive to transforming entire cities and industries, it only remains to be seen what disruptions IoT will bring over the next few years.
  2. Self-Healing Materials: Reversible polymers are expected to account for a prominent share in self-healing materials market. Biomaterials and biomimetics are also expected to be used in the development of self-healing materials. Self-healing concrete is only at a development stage, but exhaustive research is expected in 2019. The use of self-healing materials is anticipated to sync with their industrial applications.
  3. Blockchain: Blockchain is a key technology for enterprises that requires a database of transactions distributed among multiple users. It is evolving at a rapid pace as new projects and platforms continue to crop up, gradually moving beyond cryptocurrencies and financial services. Touted to be the next explosion in Fintech, blockchain will revolutionize almost every industry, making 2019 a significant year for this technology.
  4. Software-Defined Network (SDN) and Network Function Virtualization (NFV): With many industries beginning to explore SDN/NFV for their businesses, SDN has gained considerable traction in the service providers market. Increased network complexities, varied traffic patterns, and increasing demand for mobility have been catalyzing the surge in SDN and NFV solutions.
  5. Artificial Intelligence (AI): AI, having created endless buzz in recent years, is expected to continue to witnessing innovation and expansion throughout 2019 thanks to the massive amount of data being collected by new technologies. In the coming years, AI is expected to become even more pervasive and ubiquitous.
  6. Augmented Reality: Since its inception, augmented reality has witnessed numerous innovations. In 2019, it will be a major game changer for businesses, both big and small. AR is expected to be integrated into smartphones, thus moving beyond games and venturing into the real world.
  7. High-Voltage Battery: Development of smart cities has propelled the demand for high-voltage batteries that used in electric buses and trucks. Although the electric trucks market is still in the nascent stage, giants such as Tesla, Volvo, Daimler, Cummins, and Navistar are expected to launch heavy-duty electric trucks by the end of 2019.
  8. Energy as a Service: Creative Energy-as-a-Service business models help facilitate energy management by enhancing energy efficiency and reducing costs and risks during highly volatile energy demand periods due to the increasing distributed generation.
  9. Biomarkers: Biomarkers play a crucial role in disease risk assessment, drug discovery, diagnostics, and personalized medicine, among others. 2019 will witness several Biomarkers being developed and confirmed to be used in drug development and to support approval of drug products.
  10. Electric Vehicles: The demand for electric vehicles is set to rise over the next few years, thanks to the advancements in technology as well as battery efficiency, cost reduction and performance, which will make EV’s more appealing to own.
  11. Location of Things (LoT): A subset of IoT, LoT has great opportunities for consumers and business both in 2019 and the years to follow.
  12. Graphene: Graphene, said to be a miracle material, has been of high interest to the researchers across various industries, especially the electronics and semiconductor industries. The demand for graphene has grown exponentially over recent years, owing to its unique properties.
  13. Grid-Scale Batteries: The growth of renewables and advancements in storage technology are expected to trigger the demand for grid-scale batteries in the coming years.
  14. Point-of-Care Diagnostics: The healthcare industry has been witnessing huge transformation recently. One of the major advancements has been point-of-care diagnostics, which is a convenient and cost-effective way to diagnose problems, thus facilitating a better patient management system.
  15. 3D Printing Metals: 3D printing has changed the way many industries manufacture their products. Metal 3D printing is predicted to get its deserved attention in 2019 and witness substantial growth. It is cheaper, safer, and faster, which makes it popular across many industries.
  16. Genomics: The field of genomics has witnessed massive changes in the past decade, with advancements in genome sequencing and gene editing, which have paved new pathways to better health. With 2019 poised to be the year of value-based care in the healthcare industry, genomics is a trend to watch out for.
  17. Micro-irrigation Systems: Micro-irrigation systems have garnered immense attention, due to their cost efficiency and minimal water wasting features, making them especially useful in drought situations. Continuous efforts to adopt and install sustainable irrigation methods have led to strong demand for micro-irrigation systems.
  18. Aviation Analytics: The aviation industry largely contributes to the global economy. Driven by real-time analytics and competitive intelligence, the high adoption of analytics in the aviation industry has helped organizations reduce costs, increase profitability and revenue, and enhance performance.
  19. Autonomous Drones: 2019 is expected to be another big year for the drone industry, especially for autonomous drones. With drone deliveries on the rise, we can soon expect to see deliveries being made by drones.
  20. Field Monitoring Technology: Regular monitoring of agricultural field conditions is essential for better yield and crop management. Increasing government initiatives to adopt modern agricultural techniques, such as precision farming and smart greenhouse, have been gaining immense popularity among farmers.

Topics: top 20 technologies, Disruptive technologies, Knowledge Store

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