Cloud computing is an essential service for businesses and consumers alike. It businesses to launch products faster while focusing less on infrastructure. Consumers benefit from anywhere access to documents, media, and apps, and syncing across devices. 5G delivers exponentially faster download and upload speeds compared to 4G, with average speeds of 100 Mbps expected. 5G’s ultra-low latency (30-50X lower than 4G) also unlocks real-time communication for remote healthcare, industrial automation, and other time-sensitive applications.
EV charging networks
Electric vehicles (EVs) are growing rapidly with automakers like Tesla, Rivian, Lucid, and traditional brands like Ford, GM, and BMW releasing new models. Companies like ChargePoint, EVgo, and Electrify America are installing thousands of public chargers across the country. Networks of high-speed chargers along highways and expanded charging options for apartment buildings allow easier long-distance travel and convenient charging access. The gig economy utilizing on-demand platforms and freelance workers continues growth. These platforms offer convenient services, flexible earning opportunities and employment alternatives the workforce has earned income through on-demand platforms.
Video streaming
web3 freelancer services is video streaming has soared in popularity due to platforms like Netflix, Hulu, Disney+, YouTube, and more providing unlimited on-demand entertainment. With mobile apps, smart TV integration, and the rise of connected devices, accessing video content has never been easier. Streamers like Netflix have over 200 million subscribers globally. While established players lead the market, new entrants with unique offerings at lower price points continue to disrupt the video streaming space. Overall streaming hours and subscribers are expected to climb steadily in the coming years.
Cryptocurrency
Cryptocurrency and blockchain technologies have moved from the fringe into a major new finance sector. Mainstream interest surged starting in 2020 with cryptocurrency exchanges like Coinbase and Robinhood fueling record investment levels. Leading financial institutions like Mastercard and BNY Mellon have announced support for cryptocurrencies.
Food and grocery delivery apps
Food delivery apps have surged during the pandemic as consumers ordered from restaurants more frequently. DoorDash, Uber Eats, and Grubhub dominate restaurant delivery while grocery services like Instacart, Amazon Fresh, and Walmart Grocery let consumers order household items and produce to their doorstep. Food and grocery delivery offer unmatched convenience, saving time and effort. Delivery apps are easy to use with a broad product selection. Ordering from home supports social distancing.
Remote work and productivity software
Remote work software has boomed enabling teams to collaborate from home offices and different locations. Video meeting apps like Zoom and Webex host virtual meetings, webinars, and video calls. Microsoft Teams, Slack, and Google Workspace include messaging, file sharing, task management, and productivity features workers need when not together physically. Cloud storage from Dropbox and Google Drive lets workers access files anywhere. Other tools like Trello, Asana, and Notion provide project management and organization. Remote work went mainstream during Covid-19 with remote workers projected to be 36.2 million people by 2025, an 87% increase from pre-pandemic levels.
AR and VR
Augmented reality and virtual reality in digital worlds for next-generation computing experiences VR utilizes headsets to block taking the user into a 360-degree virtual environment. Gaming drives most VR/AR use today. VR headset adoption is forecast to grow 10x by 2024 compared to 2019 levels. Technology innovation never stops as emerging services aim to make life more convenient, productive, healthy, and entertaining. While current hot services like cloud computing, 5G, and e-commerce will continue growth, new trends on the horizon like Web 3.0, ambient computing, blockchain gaming, and the metaverse may reshape the digital landscape again in just a few years the rapid pace of progress. Given the accelerating pace of change, predicting which services will take off next is always an exciting exercise.
