TOP 10 TECHNOLOGIES THAT RULE 2023

Technology refers to the application of knowledge for the betterment of human society over thousands of years.Technology has evolved providing humans with major comfort from creating the telephone to the world of tablets and phones from making computers to developing highly intellectual robots technology evolving in almost all possible fields providing various job opportunities that are continuously growing day by day.Let's discuss some of the best Technologies for the coming year...

#1. Extended reality or XR covers everything that falls under augmented reality AR virtual reality VR mixed reality Mr or anything in between businesses and major industries like entertainment marketing and design benefit massively from extended reality Frameworks.According to Globe newswire the extended reality Market is set to grow from 26 billion dollars in 2020 to as high as 397 billion dollars by 2026 boasting a Compound Annual Growth Rate (cagr) of 57.91 with technological giants like Google Samsung and Apple looking for extended reality experts regularly the demand for trained Professionals in this domain has grown substantially boasting average salaries of 68 thousand dollars to one hundred two thousand dollars annually.

#2. Edge Computing , more of architecture rather than technology.Edge Computing is a distributed computing pattern that brings data storage and computation closer to the data source thereby improving the response time and saving the bandwidth it's considered an important factor for the success of the 5G and iot industries as per reports. Edge Computing is estimated to reach 101.3 billion dollars with a compound annual growth rate(cagr) of 17.8 percent and the exponential increase in the job market big names like Amazon HP and IBM higher Edge Computing experts with an average salary estimated at one hundred and seventy thousand dollars per annum.

#3. 5G and Wi-Fi 6 : We live in a world where massive amounts of data need to be transmitted quickly with the increased adoption of video conferencing meeting reliable connection and higher bandwidth.This is where 5G and Wi-Fi 6 comes into play 5G networks are slated to have more than 1.7 billion Global customers by 2025.According to the GSM association with the major players being Samsung,Cisco and Nokia among others contributes to the worldwide market for 5G is also anticipating growth with cagr of 67.1 percent propelling newer Technologies like Iot and virtual reality into mass production for the public Wi-Fi 6.

#4. Blockchain is now revolutionizing every sector from Banking and Healthcare to politics.These are a few industries that may profit from establishing a decentralized digital Ledger that monitors and saves data in several locations making forgeries difficult companies that use blockchain are HSBC Barclays Walmart and Pfizer.To name a few blockchain developers need to know cryptography data structures and computer networking according to reports by 2023 the market evaluation of blockchain is expected to reach 19.9 billion dollars with a cagr of 42.8 percent with the rise of nft craters are earning vast amounts of money.

#5. Cyber security and digital trust : Several organizations have fallen prey to cyber attacks including big names like Facebook,LinkedIn and Yahoo.The onset of the covid-19 pandemic has triggered a rise in the number of cyber attacks across the globe.Hence the field of cyber security holds Paramount importance in today's Times.A few of the best cyber security companies are Cisco,Microsoft,McAfee and IBM knowledge of operating systems networking and virtualizations are must known in the cyber security domain recent reports suggest that the global cyber security markets is expected to reach 31.82 billion US Dollars by the end of 2023 with a cagr of 15.2 percent.

#6. Robotics and automatio is an influential industry gaining momentum over time in the coming years,robotics will offer a lot to the world like smart factories.The adoption of agile Robotics and cobots to name a few some companies actively working in the field of Robotics are Boston Dynamics and Universal robots .Some core robotic skills you need to possess are python,Matlab,problem solving mathematics and machine learning.The global robotics Market is estimated to reach 70.84 million dollars by the end of 2023 with a cagr of 10.5 percent.

#7. Iot : Internet of Things quickly becoming an integral part of our lives. The Internet of Things is a futuristic technology recognized for its social and technological Marvels.Iot devices are increasing by almost 31 years and according to reports there will be 30 billion iot devices by 2022.The number of active devices is estimated to double by the end of 2023.

#8. Quantum computing uses the properties of quantum physics to perform calculations and simulations that would not be possible on a traditional machine.It is a tool,changing the face of several Industries including medicine biology and climate change.Big names like Microsoft, Google,IBM and Intel are in the race to build Quantum Computing tools to learn Quantum Computing.Quantum Computing Market is estimated to reach 411.4 Million by 2026 with a cagr of 24.2 percent.

#9.WEB 3.0 : Cryptocurrency networks must ensure that transactions are carried out safely and securely without a centralized organization like Visa or PayPal to accomplish.This networks use a technology known as a consensus mechanism proof of work and proof of stake are the two consensus mechanisms that enable all the computers in a crypto Network to concur on which transactions are valid proof of work is the older one of them used by Bitcoin ethereum 1.0.It uses mining by miners around the world and proof of stake powers ethereum 2.0 cardano tezos which employs a network of validators to validate the new transaction.

#10. AI :When you need a hard copy of a map to travel to your favourite place , Google Maps has efficiently does it with its powerful ai. Artificial intelligence is the top most trending technology.Today it enables machines to think and act like humans.Artificial Intelligence as a Service (AIaaS) is a third party offering AI Services which help individuals and organizations to conduct AI experiments at low cost.Some top companies using AI as their core technology include Google,Amazon,apple and Microsoft.The market value of AI is projected to reach 42.4 billion US dollars with a cagr of 29.75 percent.So plan to educate yourself and get trained in any of these technologies.