Facebook Twitter Instagram
    Trending
    • 5 Ways Technology Makes Your Business Efficient
    • The Journey from Tech Side Project to Return on Investment
    • Top 3 Best Tech Advancements to Help You De-Stress
    • Advancements in Car Technologies Affecting Infrastructure Development
    • David Marcus Talks about the Blurred Lines in Cybersecurity
    • Audi and the Massive Automotive Changes Between 2025 and 2030
    • How to Deploy Managed IT Services in a Mixed Mac and Windows Environment
    • 5 Tech Developments That Have Revolutionized Investing
    TechSpective
    • RSS
    • Facebook
    • Twitter
    • Google+
    • LinkedIn
    • Instagram
    • Pinterest
    • News & Analysis
      Featured
      March 6, 20211

      Fixing The World One Person At A Time: Cisco Networking Academy

      Recent
      April 9, 2021

      CISO Panel Discussion Weighs in on Cybersecurity in the Digital Age

      April 2, 2021

      FTC vs. Qualcomm: Did Apple Illegally Influence The FTC?

      April 2, 2021

      A Look at Microsoft Mesh

    • Business
      Featured
      March 6, 20211

      Fixing The World One Person At A Time: Cisco Networking Academy

      Recent
      April 21, 2021

      5 Ways Technology Makes Your Business Efficient

      April 21, 2021

      The Journey from Tech Side Project to Return on Investment

      April 19, 2021

      How to Deploy Managed IT Services in a Mixed Mac and Windows Environment

    • Security
      Featured
      March 7, 20211

      Pandemic Unmasks Vulnerability to Automated Bot Attacks

      Recent
      April 13, 2021

      Shashi Prakash Chats about Cryptocurrency and NFT Fraud

      March 30, 2021

      Exploiting Embedded Linux Devices Through the JTAG Interface

      March 28, 2021

      Zero Trust for Data

    • Microsoft
      Featured
      September 12, 20201

      The Microsoft Surface Duo: The Communications Device for Those That Think Different

      Recent
      September 12, 2020

      The Microsoft Surface Duo: The Communications Device for Those That Think Different

      July 13, 2020

      Learning from the Microsoft Store Failure

      May 15, 2020

      The Microsoft Surface Earbuds: How Many Ways Can You Say “Awesome!”?

    • Podcasts
    • Technology
      Featured
      March 1, 20212

      Could Home Study Be Better for Education? Using Technology to Craft a Better Tomorrow

      Recent
      April 21, 2021

      Top 3 Best Tech Advancements to Help You De-Stress

      April 20, 2021

      Advancements in Car Technologies Affecting Infrastructure Development

      April 19, 2021

      Audi and the Massive Automotive Changes Between 2025 and 2030

    • Reviews
      Featured
      March 4, 20210

      Dell’s UltraSharp 40 – Improving Work and Workplaces with Monitor Innovations

      Recent
      8.0
      March 29, 2021

      Review: Peril Protect

      10.0
      March 15, 2021

      Review: Tesla Puddle Lights

      9.0
      March 13, 2021

      Review: Ubiquiti UniFi Dream Machine Pro

    TechSpective
    You are at:Home»Technology»Artificial Intelligence»4 Thriving Tech Industries in The World
    thriving tech industries AI VR fintech

    4 Thriving Tech Industries in The World

    1
    By Lindsay Chen on March 11, 2021 Artificial Intelligence, Augmented Reality, Internet of Things, Machine Learning, Virtual Reality

    Technology can be defined as the methodology and a set of skills used to achieve a task in the simplest way possible. Humans have been using tech-related tools for several years. However, most advancements we see today started in the 21st-century.

    These innovations have played an integral role in how we live and appreciate life today. For one, home automation has increased the security of many homes and even businesses. Such advancements have come to pass due to the ever-changing consumer needs.

    Here are some of the most thriving tech industries in the world today.

    1. Cloud Storage Market

    Cloud storage has become part and parcel of modern businesses. It’s one of the industries that aren’t only growing in market share but also advancing every day.

    Third-party cloud managers, like GreyLoud, are constantly working towards improving the experience of cloud storage users. As such, more companies are starting to employ this technology due to good recommendations and the benefits enjoyed by the current users.

    2. Virtual Reality (VR)

    Virtual reality is a computer-generated environment that simulates the real world to some point. One can experience this 3D environment by using a VR headset. It’s mostly used in the entertainment arena to make movies more thrilling.

    VR is also employed in the military, training of athletes, and health sector, especially when diagnosing people with mental problems. Huge tech companies, like Samsung and Google, are the biggest players in this field.

    3. Artificial Intelligence (AI)

    This is the simulation of human intelligence into machines by machine learning engineers. The objective is to make these machines learn, reason, and perceive things like a human being.

    AI is categorized into two: weak and strong. Weak artificial intelligence is a system designed to perform one particular task, for example, video games and personal assistants like Apple’s Siri.

    thriving tech industries AI VR fintech

    Strong AI, on the other hand, mimics human behaviors that involve complex tasks without the intervention of human assistance. This is quite common in hospitals and other high-end fields.

    Many companies are employing AI-based systems with the aim of ensuring better services. This is an indication that most business owners are starting to see the importance of this technology. The current rate of advancement suggests that robots could outdo humans in the coming decades.

    4. Financial Technology (FinTech)

    Another industry that has seen a rapid growth rate in recent years is Financial Technology. FinTech is a set of innovations aimed at competing with traditional financial methods. Some of the main ideas include block-chain, crowdfunding, and cryptocurrency.

    About a decade or so ago, these ideas were just dreams, but, today, they’re part of our lives. GoFundMe, for instance, has changed the lives of many people due to the ease of generating help from the well-wishers. In fact, it gained more popularity when the pandemic hit various parts of the world as people sought help from those who were still financially stable.

    Soft loan applications have also had a similar impact, given the fact that there are no strict rules like traditional banks. There are several applications today that not only give you access to unsecured loans but also a favorable savings plan.

    Conclusions

    The COVID-19 pandemic posed a great challenge for many businesses. However, it also proved to be an opportunity for other industries, like FinTech, to keep growing. For instance, GoFundMe, which is part of crowdfunding, had become very popular.

    Other fields that have experienced rapid growth include virtual reality and artificial intelligence. AI, for one, has shown signs of becoming a very vital player in the coming years. VR, on the other hand, is designed to improve the experience of movie lovers.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticlePandemic Unmasks Vulnerability to Automated Bot Attacks
    Next Article Review: TRENDnet TC-P48C5E Patch Panel
    Lindsay Chen

    Lindsay Chen is a tech enthusiast with a background in web and mobile development. Her passion for finding innovative solutions drove her to share her knowledge and expertise through blogging. Lindsay is a mother of two lovely daughters and a career woman at the same time. She enjoys Pilates, yoga, and outdoor adventures during her leisure time. Also, she loves collecting the latest gadgets and wearables.

    Related Posts

    Top 3 Best Tech Advancements to Help You De-Stress

    Advancements in Car Technologies Affecting Infrastructure Development

    5 Tech Developments That Have Revolutionized Investing

    1 Comment

    1. Pingback: 4 Thriving Tech Industries in The World – ONEO AI

    Leave A Reply Cancel Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Site Sponsors
    Qualys
    Intel
    Adobe
    PopSpective
    Coffee and Politics
    DevOps.com
    • Technology
    • Popular
    • Top Reviews
    April 21, 2021

    Top 3 Best Tech Advancements to Help You De-Stress

    April 20, 2021

    Advancements in Car Technologies Affecting Infrastructure Development

    April 19, 2021

    Audi and the Massive Automotive Changes Between 2025 and 2030

    9.0
    July 14, 2016

    Review: Lenovo Yoga 900S

    9.5
    March 2, 2015

    Review: Asus Zenbook UX305 ultrabook

    8.0
    February 9, 2015

    Review: Burg 12 smartwatch

    9.7
    November 16, 2018

    Review: BlackVue DR900S-2CH Vehicle Dash Cam

    9.5
    September 2, 2015

    Review: Microsoft Band

    May 27, 2014

    Protect your family photos with ScanMyPhotos

    Popular Posts
    9.0
    July 14, 2016

    Review: Lenovo Yoga 900S

    9.5
    March 2, 2015

    Review: Asus Zenbook UX305 ultrabook

    8.0
    February 9, 2015

    Review: Burg 12 smartwatch

    PopSpective
    Qualys
    PopSpective
    Adobe
    About

    TechSpective covers technology trends and breaking news in a meaningful way that brings value to the story, and provides you with information that is relevant to you. We offer in-depth reporting and long-form feature stories, as well as breaking news coverage, product reviews, and community content in plain English terms, and with a unique perspective on technology.

    Qualys
    © 2020 Xpective, Inc.
    • About
    • Privacy
    • Advertise
    • Subscribe
    • Contact

    Type above and press Enter to search. Press Esc to cancel.