As is the case heading into each new year, predictions on technology advancements and innovations are in abundance. After a tumultuous 2019 beset by many challenges, both integral to technology markets and derived from global market dynamics, 2020 looks set to be equally challenging.
In Its New whitepaper, 54 Technology Trends to Watch in 2020, ABI Research identified dozens of trends that will shape the technology market, lifting some uncertainty about what lies ahead. However, to further demystify and simplify this outlook, our analysts have also pinpointed 19 trends that look less likely to impact the market over the next 12 months, despite considerable speculation and anticipation. Knowing what won’t happen in technology in the next year is important for end-users, implementors, and vendors to properly place their investments or focus their strategies.
What Won’t Happen in 2020?
5G Wearables: “While smartphones will dominate the 5G market in 2020, 5G wearables won’t arrive in 2020, or anytime soon,” says Stephanie Tomsett, 5G Devices, Smartphones & Wearables analyst. “To bring 5G to wearables, specific 5G chipsets will need to be designed and components will need to be reconfigured to fit in the small form factor. That won’t begin to happen until 2024, at the earliest.”
Quantum Computing: “Despite claims from Google in achieving quantum supremacy, the tech industry is still far away from the democratization of quantum computing technology,” according to Lian Jye Su, AI & Machine Learning Principal Analyst. “Quantum computing is definitely not even remotely close to the large-scale commercial deployment stage.”
Self-Driving Trucks: “Despite numerous headlines declaring the arrival of driverless, self-driving, or robot vehicles, very little, if any, driver-free commercial usage is underway beyond closed-course operations in the United States,” says Susan Beardslee, Freight Transportation & Logistics Principal Analyst at ABI Research.
A Consolidated IoT Platform Market: “For many years, there have been predictions that the IoT platform supplier market will begin to consolidate, and it just won’t happen,” says Dan Shey, Vice President of Enabling Platforms. “The simple reason is that there are more than 100 companies that offer device-to-cloud IoT platform services and for every one that is acquired, there are always new ones that come to market.”
Edge Will Not Overtake Cloud: “The accelerated growth of the edge technology and intelligent device paradigm created one of the largest industry misconceptions: edge technology will cannibalize cloud technology,” says Kateryna Dubrova, M2M, IoT & IoE Analyst. “In fact, in the future, we will see a rapid development of edge-cloud-fog continuum, where technology will complement each other, rather than cross-cannibalize.”
8K TVs: “Announcements of 8K Television (TV) sets by major vendors earlier in 2019 attracted much attention and raised many of questions within the industry,” says Khin Sandi Lynn, Video & Cloud Services Analyst. “The fact is, 8K content is not available and the price of 8K TV sets are exorbitant. The transition from high definition (HD) to 4K will continue in 2020 with very limited 8K shipments – less than 1 million worldwide.”
The 2020 Landscape: Complex and Cluttered
The technology marketplace continues to remain in flux—and will not be any easier to navigate in 2020. ABI Research stands ready to continue to clarify opportunities and trends in the fluid technology market, prevent our partners from being blindsided by innovation, and help our clients craft winning strategies.
For more trends that won’t happen in 2020, and the 35 trends that will, download the 54 Technology Trends to Watch in 2020 whitepaper.
Source : ABI Research
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ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.