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Consumers are spending more on technology than ever, with experts claiming we’ll spend a total of $2.06 trillion on tech annually by 2023.
So what can you look forward to this year?
Keep reading to find out as we highlight some of the most exciting technologies in 2020
1. 3D Printing
While it might seem like a gimmick to some, 3D printing has a variety of practical applications, including ones in the medical and food industries. With any luck, 2020 could be the year that the 3D printer finally becomes accessible to the public.
You can expect 3D printers to start to come down in price. You may also start to see them in big box stores like Best Buy or Walmart.
In other exciting news, companies Inventables offer an exciting window into the future by focusing on 3D carving and free software distribution.
2. Virtual Reality/Mixed Reality
VR hasn’t quite found its footing yet. While it has a decent install base, it’s still a niche hobby.
However, one game may change that. Valve’s long-awaited return to the Half-Life universe, “Half-Life: Alyx” has resulted in a surge in sales of VR and AR headsets.
Whether the hype lasts is yet to be seen. But the popularity of HL: A demonstrates that if companies get serious about VR, consumers will take note.
3. Artificial Intelligence
Whether you’ll looking at AI through the lens of a business owner or a consumer, the fast evolution of voice assistants, chatbots, and automation software is quite exciting.
While we wouldn’t expect a ton of innovations this year, we do expect AI to become far more mainstream than it’s been in previous years. Look forward to trends like AI customer service and information gathering to progress by the year’s end.
4. 5G Wireless
It seems like we’ve heard about 5G tech for years now. It wasn’t until last fall, however, that 5G phones became affordable. Moreover, there’s still a distinct lack of 5G towers across the nation that prevents most people from accessing these increased speeds.
We’re hoping things will finally change this year as more carriers begin to adopt 5G technologies. After all, it’s clear that streaming is the way of the future so companies need to jump on board sooner rather than later.
5. The Return of Folding@Home
Folding@Home isn’t anything new, but the recent outbreak of COVID-19 has thrust it back into the spotlight once more.
If you’ve never heard of this cool form of tech democratization, here’s the gist: it’s a medical simulation and research program that requires a ton of computing power. So much that users are encouraged to give up a bit of their CPU to help the program out.
All you have to do is sign up and let Folding run in the background as you go about your day browsing the web or playing games. By doing so, you’ll contribute the studies on cancer, Alzheimer’s, and even the new strain of novel coronavirus.
Keep an Eye Out for These Exciting Technologies in 2020
It’s shaping up to be a great year for technology, especially with these exciting technologies in 2020! Will our predictions come true?
You’ll have to come back to find out! Make sure to check back with our blog for more thoughts on the latest and greatest in tech.