The continuing emergence of new technologies promises to make 2022 a hugely exciting year for everyone connected to the sector.
The tech industry is forecast to be worth more than $5 trillion by the end of 2021, making it one of the fast-growing segments on the market.
The United States is the most significant technology market globally, accounting for around one-third of the overall figure.
With 2022 fast approaching, we take a closer look at some future trends, upcoming major events and other things to look forward to during the year.
Virtual Reality Tech Ready to Take Off
Virtual reality (VR) technology looks ready to cross into the mainstream, with the supporting hardware finally living up to expectations.
The iGaming industry is likely to be a key driver for the technology as operators such as ZAR Casino explore how it can be used to enhance their already excellent offering.
Developers Evolution Gaming have been leading the way with innovations in this area, launching a VR live slots-style game earlier this year.
With more new VR games expected to arrive in 2022, technology will continue to play an important part in the ongoing iGaming boom.
Data privacy and security remain priority elements for the tech industry to consider in 2022 as consumers become increasingly aware of who they let manage their personal data.
Privacy-enhancing computation (PEC) has been widely tipped to have a major impact in this area and is likely to be adopted by many businesses over the coming year.
In simple terms, PEC features three technologies that protect data while it is in use. These include the creation of a trusted environment where sensitive data can be processed or analysed.
PEC also performs processing and analytics in a decentralized manner and encrypts data and algorithms before analytics or processing.
AI Engineering & Generative AI
The use of artificial intelligence (AI) to streamline business processes has been on the rise in recent years and the trend will continue throughout 2022.
AI engineering, which automates updates to data, models and applications to streamline AI delivery, will facilitate the delivery of AI to ensure its ongoing business value.
Generative AI is also worth monitoring. This learns about artifacts from data, and generates new creations that are similar to the original but do not repeat it.
The technology has the potential to create new forms of creative content, and improve research and development in areas such as medicine and product creation.
CES 2022 Kicks-off Stellar Year
Next year’s calendar is packed with exciting technology events, but none will be more important than CES 2022 in early January.
CES is the most influential technology event in the world – serving as a proving ground for global innovators and breakthrough technologies.
Amazon, Google, Dell, IBM Hyundai, Intel, Lenovo, Panasonic, LG Electronics, Qualcomm, Samsung Electronics and Sony are amongst the big companies attending CES.
Big Data & AI World in London during March is another event worth checking out, particularly for anyone involved in making data-driven decisions in business.