The Rise of New Technology: Advancements to Expect by 2021

Technology is ever evolving and according to forecasts, 2021 is set to be a game changing year for the tech world. Less than three years away, what can we expect in terms of new advancements? Here, we look at some of the incredible changes set to roll out in the very near future.

3D Printing

We’ve all heard of 3D printing. In a few years’ time, this progressive and expensive technology will be commonly used in hospitals in the West. It is predicted that by 2021, 25% of all surgeons will practice on 3D-printed models prior to surgery on patients (report by Garner). In the same year, 20% of the world’s top 100 consumer goodies companies will also be using 3D printing, according to the same report. And it’s likely that we will see 3D printing start-ups taking a substantial percentage of new businesses.

Driverless Cars

Electric cars will take up a bigger proportion of the market in 2021, with predictions that driverless vehicles will be hitting our roads too. Volvo has also promised ‘crash proof’ and ‘death proof’ cars around this time, designed to tackle the large numbers of fatal road accidents each year.

Virtual Reality

The virtual reality market forecasts high VR app development in the coming years, with The Statista Portal revealing that the global industry will reach 215 billion U.S. dollars by 2021. A huge increase from the 11.4 billion U.S. dollars in 2017. The Automotive, Healthcare, Building & Construction, Aerospace and Retail Industries

Cheap Solar Power

Clean energy will continue to get cheaper, with mounting pressure on businesses to go carbon neutral. The latest report by Bloomberg New Energy Finance predicts that by 2021, solar power will be cheaper than coal in a number of countries, including the UK.

Robots and Automation

Automation can eliminate around 25 to 30% of a company's workforce, according to our tech partner CIGNEX Datamatics. Robotics and AI is set to change the way that we do business across every industry and sector. Bots can work at a level of 99.5% accuracy, and there has already been research conducted by Forrester to show that up to 6% of all jobs will be eliminated in the US by the year 2021. Whilst some workers will see their roles being replaced with a robot, the growth of robotics itself can also open up new job opportunities.

The Internet of Things

Connected devices have been expected to triple from the year 2016 to 2021. This is something that every business will need to think about, with inevitable changes to their business model. Updating office systems will be critical, and embracing the data collected from IoT will allow brands to improve their products and services.

Smart Buildings

With the explosion of the Internet of Things comes smart everything. Smart devices, smart wearables, smart appliances, and even smart buildings. This include commercial buildings with improved security and heating controls, and other advanced autonomous technology. Silicon Valley giants (such as Facebook and Google) are currently investing hundreds of millions into new housing and commercial developments across North America. So the reality of responsive buildings is just around the corner now.