Global Technology Mega Trends
Determine mega trends in the tech industry that are expected to happen globally in the next five years. The information will be used as talking points in a conference with IT professionals.
CONNECTED LIVING SYSTEM
- Connected living is comprised of three primary aspects of "connected home, connected city, and connected work."
- Connected living involves an ecosystem in which consumers have access to various devices that they can use to avail of high-impact innovative services.
- These services can combine "video, voice, and data" to allow immediate access and connectivity in any place at any time.
- The entire connected living market size will be worth $730 billion in 2020.
- Connected home components such as "home automation, home energy, home health, and home entertainment" will make up 31% of this market size.
- Connected work such as "mobility - mobile email, unified communication, mobile working, and enterprise social networking" will account for 15% of the market.
- Meanwhile, connected city components such as "e-governance, e-citizens, smart transportation cards, e-learning, and mobile banking" is expected to account for 54% of the connected living market.
- One of the companies that are riding on this mega trend include Deutsche Telekom's "connected home B2B platform."
- The company plans to deploy a platform-based strategy to enable the collaboration of major players in this sector.
- Deutsche Telekom is seen as the pioneering company globally to provide a "software-as-a-service connected home platform."
- Its partners can have an access to this "open and independent B2B platform."
- It currently has the biggest variation of partners in this segment.
- DT's QIVICON B2B business platform has partners from the automation sector (Belkin), security (Pax), health (Tunstall), multimedia (Samsung), appliances and electronics (Miele and Samsung), and energy (EnBW and Solon).
- The company also has its B2BB2C QIVICON-connected home platform for consumers that are connsolidating services from all partners.
- By 2024, half of the jobs that are currently done manually by laborers could transition to robots.
- Other emerging high-potential industries by 2020 and beyond include 3D printing, big data, and virtual commerce.
Proposed next steps:
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Our initial research provided an overview of some of the megatrends in technology that have the potential to massively impact the world in the next five years. Given that there are many resources available to provide the information, we propose continuing the research to identify 3-5 additional mega trends in the technology sector globally. For each trend, we will provide a description, the reason why it is a trend, and examples of companies that are starting to apply the trend. We will ensure that compelling data will back up the trends. We will primarily rely on deeper data sources from industry experts. We will not use sources from Forbes and Fortune articles.