Top Technological Forecasts For 2020
The new generation of networking is coming. If there were the first tests in 2018, 2020 will be the year of the first contacts with the public. The potential for growth is enormous, as shown by the millions invested by operators around the world. According to Deloitte, 25 (about a third of those experimenting with the technology) will be able to launch 5G services. A number that should double in 2020. In 2020 15-20 million 5G smartphones will be sold.
“It will not happen overnight, the report states, but 5G will profoundly change our interactions and experiences. Good news for users, who require better performance and greater access to content “. 5G will offer “higher speeds and low latency”, allowing new applications in different sectors, “from augmented reality to entertainment, from medicine to smart cities”.
Artificial intelligence will come out of the niche of experts to arrive, predicts Deloitte, “everywhere”. Companies will further accelerate the adoption of solutions that cross AI and cloud. 70% of companies will use applications of this type. A percentage that will reach 87% in 2020. “So far, the report says, the advantages of artificial intelligence have been concentrated in the hands of technology giants (Google, Amazon, Alibaba), with large financial resources, solid infrastructure IT and highly specialized human capital.
Thanks to the cloud, “it will increase efficiency and there will be better returns on investments”. In other words: the AI will be more sustainable from the economic point of view, thus favoring an expansion that goes beyond the perimeter of the pioneers.
The smart speakers, the intelligent speakers integrated with digital assistants, had a huge growth in 2018 (+ 187%). However, these were sales obtained almost exclusively in English-speaking countries. 2019 was the year of global consecration. In 2019 the smart speaker market was worth 7 billion dollars, with 164 million units sold at an average price of 43 dollars. A 63% jump compared to 2018 when the units should be 98 million and the proceeds of 4.3 billion.
If these forecasts are confirmed, digital butlers will be the devices connected with the fastest rate of growth in the world: in 12 months there will be 250 million in circulation. In the long term, they will be the main point of contact between people and the digital world. Streaming and social media are eroding the time spent watching TV, especially among the younger ones. However, there is one product that holds up better than others: sport.
Deloitte calls him “a relatively happy island” in a context that is suffering from competition from other channels. Why? The passion of the fans, of course. But according to the report, there is more: sports on TV and bets push each other. About 40% of Americans between the ages of 25 and 34 bet on sports. Among those watching television games, the share rises to around 75%. The 2020 technological forecasts also have a special place in eSports.
In the new digital world, the spread of eSports on traditional channels could be the salvation of broadcasters. The eSports sector (competitive online video games with a traditional professional league structure) globally includes numerous competing game titles, leagues, and players on various platforms: PCs, consoles and mobile devices. Although the eSports sector is still young, it is representative of the evolution of media consumption by users and their interaction with them.
The eSports market is constantly growing. It is expected that it will expand by 35% in the USA (Deloitte forecast) thanks to advertising, licenses and franchise sales. In Asia, however, it has already reached maturity in recent years. Overall, analysts forecast that global eSports market revenues will surpass $ 1 billion, driven by advertising, broadcast rights, and expansion of the league.
Deloitte, in its technological forecasts for 2020, predicts that in 2020, and for many years to come, China will own the best telecommunications networks in the world. The telecommunications infrastructure in the country will provide a solid base for the growth of at least three new business sectors: mobile payments, mobile commerce and bike-sharing, each of which could generate tens of billions of dollars of revenue each year by 2023.
It is expected that in China, 600 million people will use their phones to make mobile payments from the beginning of 2020. About 550 million people will regularly use their smartphones to make online purchases, and about 200 million people will use bike services sharing. The strengths of China in terms of connectivity and user base will allow the country to diversify considerably in various stages of production and in the development and execution of new digital business models.
Hyperconnectivity will allow a notable spread of artificial intelligence and other advanced technologies. In recent years, in fact, there has been a growth in foreign financing of Chinese technology startups in general, as well as an increase in the valuations of a number of private and public Chinese technology companies.