10 fields that may see significant innovation within the New Year.
Let's imagine customer experience during a post-Covid world. we should always anticipate
that the changes in consumer preferences and business models will outlast the
immediate crisis. Once consumers acclimate to new digital or remote models, I
expect a number of them to vary people's expectations permanently -- accelerating
shifts already under way before the crisis.
Digital nomadism, philanthropy, and sustainable
development goals (SDG) are going to
be popular keywords in 2021, and we
will see rapid changes in top technological
and business innovation -- all supported people's experience during the pandemic.
Here are 10 technology and business trends which we'll see in 2021;
#Trend 1: Drug development revolution with
advanced Covid-19 testing and vaccine development
Covid caused a serious shakeup within the drug industry, making it quicker and easier to trial drugs.
Researchers have put many traditional clinical trials on hold, and they needed to shift
to a virtual structure by performing consultations online and collecting data
remotely. Remote clinical trials and other changes may permanently alter
pharmaceutical development.We've seen speedy Covid-19 test kit developments everywhere the globe, moreover as
remarkably fast development of vaccines by U.S. , INDIA and U.K.-based
pharmaceutical companies: Pfizer, Covid-Shield, Moderna , and AstraZeneca.Pfizer Moderna
and Covid-Shield, have developed mRNA vaccines, the primary in human history and large technological
innovations. we are going to see more innovations throughout 2021 in
both Covid-19 test kits and new vaccine candidates.
#Trend 2: Continued expansion of remote working
and video-conferencing
 |
| Work/Study from home |
This area has seen ascent during the pandemic,
and it'll likely
continue growing in 2021.
Zoom, which grew from a startup in 2011 to going
public in 2019, became a household name during the pandemic. Other existing
large corporate tools like Cisco's Webex, Microsoft's Teams, Google Hangouts, GoToMeeting,
and Verizon's Blue Jeans are providing state-of-the-art
videoconferencing systems, facilitating remote work across the world.
Many new ventures are emerging within the remote
working sector. Startups Bluescape, Eloops, Figma, Slab, and Tandem have all
provided visual collaboration platforms enabling teams to make and
share content, interact, track projects, train employees, run virtual
team-building activities, and more.
These tools also help distributed teams keep
track of shared learning and documentation. Users can create a virtual office
that replicates working together in the flesh by letting colleagues
communicate and collaborate with each other easily.
#Trend 3: Contactless delivery and shipping becomes the new normal because of
Covid.
 |
| Delivery with robots |
The U.S. has seen a 20 percent increase in
preference for contactless operations, with various industries implementing
alternative processes.
No-contact delivery is that the new normal. DoorDash, Postmates, and Instacart all offer
drop-off delivery options, reportedly borne from customer desires to reduce physical contact. Grubhub and Uber Eats also grew their
contactless delivery options and can still do in 2021
China-based delivery apps like Meituan, which
was the primary company in China to implement
contactless delivery in Wuhan, began using autonomous vehicles to assist fulfill grocery orders to customers. While Meituan
tested this technology last year, the corporate recently launched this service publicly.
China isn't the sole country looking to push robotic
deliveries into its next phase. U.S.-based startups Manna, Starship
Technologies, and Nuro are tackling this problem using robotics and artificial
intelligence-based applications.
#Trend 4: Telehealth and telemedicine flourish
 |
| Telehealth & Medicine |
Institutions, especially in health care, are
working to lower the impact of Covid-19 to patients and workers. Many private
and public practices have started implementing more telehealth offerings like doctor-patient video chats, A.I. avatar-based
diagnostics, and no-contact-based medication delivery.
Telehealth visits have surged by 50 percent
compared with pre-pandemic levels. IHS Technology predicted that 70 million
Americans will use telehealth in early 2021. Since then, Forrester Research
predicted that the
amount of U.S. virtual
care visits will reach almost a billion in the middle of 2021.
Livongo Health, One
Medical, and Humana are a number of the general public companies offering telehealth
services to satisfy the present needs.
Beyond telehealth, in 2021 we are able to expect to work out health
care advancements in biotech and A.I., yet as
machine learning opportunities (example: Suki AI) to support diagnosis, admin
work, and robotic health care.
#Trend 5: Online education and e-learning as a part of the academic system
 |
| E-Learning |
Covid-19 fast-tracked the e-learning and online
education industry. During this pandemic, 190 countries have enforced
nationwide school closures at some point, affecting almost 1.6 billion people
globally.
There is a significant opportunity with schools,
colleges, and even coaching centers conducting classes via video conferencing.
Many institutions have actually been recommended to pursue some of their curriculum online even after everything
returns to normal. Udacity, Coursera, Age of
Learning, and Outschool within
the U.S., and Udemy, Unacademy
and Byju's in India are a
number of the highest online learning platforms that have served the worldwide community during the pandemic and can still do so in 2021 and further.
#Trend 6:Increased in development of
5G infrastructure, new applications, and utilities.
There is little doubt
that demand for higher-speed
internet and a shift toward well-connected homes, smart cities, and autonomous
mobility have pushed the advancement of 5G-6G internet technology. In 2021, we will
be seeing new infrastructure and utility or application development updates
both from the
big corporations and startups.
Many telecoms are on the correct track to deliver 5G, with Australia having rolled it
out before Covid-19. Verizon announced an
unlimited expansion of its 5G network in October 2020, which is ready to achieve over 200 million people. In China, 5G
deployment has been happening rapidly. But Ericsson is leading the charge
globally. There are over 380 operators currently investing in 5G. over 35
countries have already launched commercial 5G services.
Startups like Movandi are working to help 5G transfer data at greater distances; startups
including Novalume help municipalities manage their public lighting network and
smart-city data through sensors. Nido Robotics is using drones to explore the sea bottom.
Through 5G networks, these drones help navigate
better and use IOT to help communicate with devices on board. The 5G
networks enable devices to work together in real time and help enable
vessels to travel unmanned.
Development of 5G and 6G technology will drive
smart-city projects globally and may support the autonomous mobility sector in 2021.
#Trend 7: A.I., robotics, internet of things, and industrial automation will grow rapidly
#Trend 8: video game (VR) and augmented reality (AR) technologies
usage rising
Augmented reality and gaming
have grown
significantly in 2020. These immersive technologies are now a
component of normal living, from entertainment to business. The
arrival of Covid-19 has prompted this technology adoption as businesses turned
to the remote work model, with communication and collaboration extending over
to AR and VR.
The immersive technologies from AR and VR
innovations enable a fantastic source of transformation across all sectors.
AR avatars, AR indoor navigation, remote assistance, integration of A.I. with
AR and VR, mobility AR, AR cloud, virtual sports events, eye tracking, and facial
expression recognition will see major traction in 2021. Adoption
of AR and VR will also accelerate with the expansion of the 5G network and
expanding internet bandwidth.
Companies like Microsoft, Consagous, Quytech,
RealWorld One, Chetu, Gramercy Tech, Scanta, IndiaNIC, Groove Jones, etc. will
play a massive role in shaping our world within the near future, not
only due to AR's and VR's various applications but also
because the flag carrier of all virtualized technologies.
#Trend 9: Continued growth in micromobility
 |
| E-Bikes |
While the micromobility market had seen a natural
slowdown at the beginning of Covid-19 spread, this sector has already
recovered to the pre-Covid growth level. E-bikes and e-scooters usage is
soaring, since they're viewed as convenient transportation alternatives that
also meet social distancing norms. Compared to the pre-Covid days, the
micromobility market is anticipated to grow by 9 percent for private micromobility and by 12 percent for shared
micromobility.
There are many miles of latest bike lanes created
in anticipation. Milan, Brussels, Seattle, Montreal, New York, and city have
each introduced 20-plus miles of dedicated cycle paths. The U.K. government
announced that diesel and petrol-fueled car sales are visiting be banned after 2030, which has also driven interest in
micromobility joined of the selection options.
Startups are some leading the innovation in
micromobility. Bird, Lime, Dott, Skip, Tier, and Voi are key startups leading the planet micromobility industry.
Kolkata (India) has also started using E-buses to reduce pollution.
#Trend 10: Ongoing autonomous driving innovation
We will see major progress in autonomous driving
technology during 2021. Honda recently announced that it will mass-produce autonomous vehicles, which under certain
conditions won't require any driver intervention. Tesla's Autopilot not only
offers lane centering and automatic lane changes, but, from this year, can also recognize speed signs and detect green lights.
Ford is additionally joining the race,
anticipating an autonomous driving cars ridesharing service launch in 2021. the company could also make such vehicles available to certain
buyers as early as 2026. Other automakers, including Mercedes-Benz, are trying to integrate a degree of autonomous driving technology in their
new models from 2021. GM intends to roll out its hands-free-driving Super
Cruise feature to 22 vehicles by 2023.
The fierce market competition is additionally
accelerating self-driving technology growth in other companies, including Lyft
and Waymo. Billions of dollars are spent in acquiring startups during this
domain: GM acquired Cruise for $1 billion; Uber acquired Otto for $680 million;
Ford acquired Argo AI for $1 billion; and Intel acquired Mobileye for $15.3
billion.
Looking ahead
Technology development in 2021 are somewhat of a
continuation of 2020, but the influence of Covid-19 will evolve during the year,
and many new startups are gaining name like: Udaan, Razorpay (India). Many of
our new behaviors will become an
essential element of the new normal in 2021, helping drive major
technological and business innovations
