Top 10 New Technology Trends that You Should Keep an Eye on in 2023

Technology influences all walks of human life. Whether businesses, governments, or the general public all benefit from technological advancements. An American spends around $500 on average every month buying new consumer technology.

However, we live in an era where new technologies emerge daily, and existing technologies evolve further. Developments are so rapid and frequent that we often do not even think about their impact on our lives and the collective future of humanity. So, it is essential to be in tune with the latest technology trends from the world of tech if you benefit from all the developments.

If you wonder what are the 10 latest technology trends, we have got you covered. Here is the list of the latest technology trends of 2022 that you should keep an eye on in 2023.

Top 10 New Technology Trends in 2023

1. 5G

When talking about the latest technology trends, 5G takes the top spot because of the sheer impact it will have on the communication and networking field. On paper, 5G is comparable to broadband Wi-fi and brings superfast fast internet connection to mobile users. According to a report, 5G offers up to 100 times faster speed, 1000 times higher bandwidth, and ten times less latency compared to the current 4G. As a result, the 5G technology is perfect for facilitating remote work, projects like Metaverse, e-sports, and other work that require a solid internet connection.

2. Blockchain

Blockchain is a groundbreaking technology that will be crucial to the new Internet age, Web 3.0. Blockchain is a decentralized ledger or database that records transactions between nodes (users). Nobody owns the blockchain, so users have complete control over what they share and maintain ownership of their data. Although, till now, blockchain is primarily synonymous with cryptocurrency but come 2023, we will see widespread use cases of the technology in banking, e-commerce, and governance.

3. Mixed Reality

Virtual Reality (VR) and Augmented Reality (AR) are two front-runners in computer-generated 3D graphics technologies. Till now, the developers used the two technologies separately, but the latest technology trend is to use AR and VR together and create Mixed Reality (MR) solutions. As a result, we will see more projects like Metaverse in video games, online shopping, and the infotainment industry. Meta has a working prototype of an MR headset when pointed at a monitor, creating multiple interactive virtual screens for multi-tasking.

4. Artificial Intelligence and Machine Learning

Artificial Intelligence (AI) and Machine Learning are nothing new and have already made their impact across industries. But in coming years, we will see more use of AI and Machine Learning in smart devices, software, and manufacturing processes. Also, the latest technology trend in hospitality industry is to use AI and Machine Learning to facilitate different management-related activities. For example, hotels will use AI-enabled chatbots, provide voice controls for smart rooms, and use security features like facial recognition for seamless check-in/out.

5. Humanoids

Apart from AI, humanoids are another latest technology trend in the hospitality industry that we will see more often in the coming years. Humanoids are robots that look like humans, can process human speech, and perform tasks like humans. The field of robotics has seen significant growth in the past decade. Basic robots like robotic pets, vacuum cleaners, and lawnmowers are more common today than they were a few years back. But the breakthroughs achieved by projects like Alter 3, AMEGA, and ARMA-6 suggest that humanoids will be more common in the next few years.

Additional read: Marketing Technology Trends 2023 – A Glimpse into the Future

6. Organ Bioprinting

The next latest technology trend to keep an eye on is organ bioprinting or 3D-printed organs. Organ bioprinting is being touted as the future of organ transplants. At present, patients who undergo transplants need a donor. But 3D-printed organs remove that obstacle making transplants more accessible. 3D-printed human livers and kidneys are already commercially available, and in the next few years, we shall also see 3D-printed hearts, skin, cornea, and other organs being widely available.

7. Edge Computing

Cloud computing has dominated the past two decades but is not perfect. There are issues of data centralization, data breaches, latency, and more. The next latest technology trend, edge computing, solves most of the inherent problems of cloud computing. Edge computing moves away from centralized cloud processing to more distributed networks. The processing units are placed closer to the source of data/clients, so voluminous data transfers can take place at fast speeds.

8. No-Code Software Development

Businesses and other entities using custom software to facilitate different operations need to hire software developers. It is not only a costly affair, but writing code to create the software from scratch is time-consuming. But the latest technology trend of using no-code software development changes that forever. No-code development tools allow non-technical personnel to create a sophisticated application without writing code. Instead, they drag and drop elements they need for their work and put together working software in no time.

9. Implantable Brain-Computer Interfaces

Brain-Computer Interface (BCI) devices act as communication pathways between the brain’s electrical signals and an external device. BCIs have been around for years, but the latest technology trend is to implant them right in the human brain. Companies like Neuralink already have working prototypes of chips that can be implanted in the human brain to enable telepathy and treat injuries and neurological disorders.

10. 3D Integrated Circuits

The last trend on the list of latest technology trends marks a paradigm shift in processor manufacturing. Currently, most chip manufacturers use 2D Integrated Circuits to create chips which have few drawbacks. In 2DIC, each die must lie horizontally next to another, which increases the chip area and power consumption. However, starting in 2023, we will see more manufacturers shift to 3D Integrated Circuits. The 3DIC allows manufacturers to stack dies vertically, which reduces surface areas and enables faster data transfer and processing.

To Conclude

These were the top ten new technology trends for 2023 that you need to keep an eye on. The coming years will see many more new technologies, and existing tech will evolve drastically, changing the course of human history. Whether you are a business or a casual end user, being in-tune with all the developments is the only way to benefit from the different technologies we are about to witness.