Are you tech-savvy or do you just love keeping up with the latest in the tech space? Then let's show you the five technologies to look out for in 2020. A good idea of what's in trend will show you the right niche to acquire skills in, while also discovering the latest opportunities out there. And as a company, the use of these technologies will help to improve your business and ensure that you are not left behind.

Interestingly, technology is evolving faster by the day, hence, we've come to expect more compared to what was offered decades ago. Modern technologies have also proven to be very useful, which has given them several real-life applications. Some of them can have a big impact this year, and these are the ones that have made it to our list of the best technologies to watch in 2020.

1. Blockchain Technology:

Blockchain technology has found use cases in several industries including healthcare, technology, education, agriculture, etc. Companies like IBM and Carrefour have developed blockchain-based platforms to enable businesses to carry out their operations efficiently. Central banks are also looking to launch digital currencies on the blockchain. Each of these can be tied to the security, immutability, transparency, and traceability features offered by the distributed ledger as it is also called.

On the other hand, LinkedIn in its "most in-demand hard skills for 2020" report revealed that blockchain is the most-sought-after hard skill. Accordingly, companies in various industries are continuously looking for talents in this sector. And interestingly, blockchain outranked skills like artificial intelligence, cloud computing, and analytical reasoning.

2. 5G Technology:

5G is the 5th generation of mobile internet connectivity. To mobile operators and consumers, it is the next big thing in 2020 given its promise of higher bandwidth. And with more bandwidth comes an increase in the speed of downloads and uploads. You also get a more stable network to stream those Netflix videos.

What's more, it does not come as a surprise that a good number of smartphones in 2020 will support 5G connectivity. Samsung has already launched the Galaxy S10 5G smartphone. There are also rumors of the latest iPhones sporting 5G technology. And to our amazement, there are already talks about 6G technology while we're still warming up to the 5G.

3. Artificial Intelligence:

Artificial Intelligence (AI) has become very useful in increasing customer engagement, improving productivity, and driving digital transformation. That said, several companies around the world have adopted AI in a bid to streamline their business operations and most especially, improve customer experience. It can be expected that AI will be one of the top techs in 2020 and more AI-based systems will be deployed.

Real-life implementation of AI can be seen in intelligent virtual assistants including Siri, Alexa, and Google Assitant. They allow you to issue voice commands to get a list of things done right from your smartphone or smart home system. Therefore, AI has already become a part of people's everyday life.

4. Computer Vision:

Time and again, your camera has been to identify your face while taking a picture. And if you have an iPhone, you've been able to unlock it using facial recognition. If it has been the same for you, then you've already seen a computer vision in action. Another scenario is when you capture an image to automatically begin a Google search (Google Reverse Image Search) for such a product on any online store.

Therefore, computer vision is a system that is smart enough to identify people, places, objects, etc. using only visual images. Hence, it interprets the visual world. Now in 2020 and beyond, it is expected that more tools will be equipped with computer vision, and it may be extremely useful to help autonomous cars drive better. Moreover, home security cameras with a computer vision can alert users if something looks out of place. Tech company, Intel is already using this tech to save penguins from extinction.

5. Autonomous Driving:

Cars that can drive themselves, navigate through routes, and obey traffic rules sound quite impressive. And in 2020, that's another technology to look forward to. So, how soon can we expect these self-driving vehicles? Elon Musk, CEO of Tesla revealed that his company will design a “complete” autonomous vehicle this year.

Autonomous driving isn't so new to the scene since there have been tests in the past to see how well cars can drive themselves. Nonetheless, it didn't turn out so well, since some of such tests ended up with the passenger losing their life. This was evidence that the intuition of a driver can supersede the programmed knowledge of a computer. Despite these failed attempts, our fingers are crossed to see how well Tesla's autonomous cars will perform.

Conclusion

These are the five top technologies to keep a close eye on in 2020. They may turn out to be bigger than we expect and be strong contenders with each other. The aim at the end is to have modern technologies that will improve the way we live and work.