The efforts of computer scientists and engineers, has speed up the rapid growth of technology industry. The technical sector has quickly become a fasten component of today’s economy. The easy availability and affordable services has made the Consumers and enterprises show a lot of potential to look forward to the frontier technologies in the mass markets.

So, the question is; what exactly will 2018 behold? Let us have a look:

1. Blockchain

The promises of blockchain and Bitcoin are now well-known to almost every single person. The blockchain technology is a way of securely managing the transaction record access and information. The hub of blockchain is the idea of decentralization, which for sure distributes power and risk evenhandedly across the network players.

Blockchain startups are finding position and quick ways to optimize industries, by replacing mediator parties like, brokers, agents, etc., with the help of smart contracts that automatically verify actions without risking any data security. Same is the case with other companies, like SparkleCoin, which is driving blockchain adoption at large scale by empowering regular consumers to purchase real-world products and services from the world’s largest online retailers through cryptocurrencies.

2. Internet of Things

BI Intelligence’s report on the “internet of things” states that at most $6 trillion will be spent on IoT solutions in the next five years alone. This torrent of investment has turned this once science-fiction into reality.

With so much advancements like, smart beds to a Bluetooth-connected alarm clock, which communicates with wifi-enabled speakers. Soon all of our devices like, microwaves, washing machines and even bird feeders will be connected through the web channel. With geospatial data from all our devices, technology dedicated companies will be able to optimize and automate systems, eliminating the insufficient results caused by human error.

3. Virtual Reality

With the technology still evolving, and the grand players like Oculus and HTC continue to repeat their consoles, it looks convincing and promising for the VR industry to demand to the ample.

Among numerous challenges faced in making virtual reality marking its limits is the creation of powerful content that can attract a broad range of consumers. Till date experience, the industry has learned that hard-core gamers are not sufficient enough to create an influence on large scale. Other then gaming, there are number of virtual-reality startups that can build high-value-add services, especially for enterprises.

4. Augmented Reality

The rise of Pokémon in 2016 was the first of many implementations of augmented reality that made an influensive impact on society. Apple and Google recently introduced both ARKit and ARCore, which became a modulation point for the industry. As both hardware and software continues to improve, we can look forward to see more amazing developers to build AR applications in 2018.

We cannot predict that it is only the startups that are getting gin action but, there are many well-known worlds’ biggest brands that will invest their resources in the creation of augmented-reality experiences to improve their users’ experiences.

5. Chatbots

The applications of messaging bots seems to get on the edge to have a solid impact on the software space, as more companies are investing in the development of their own consumer-facing bots. Chatbots, at its simplest level, are acting to be the front-end interfaces for companies, as a medium of communication with their customers. More advanced bots influence artificial aptitude to provide influensive interactive user experiences.

Companies can implant these bots on their home pages, or they can simply rely on native platforms like Facebook for the distribution.

6. Subscription Model

The concept of “pay-per-use” costing are by gones, and are probably not coming back sooner because, most companies are switching over to recurring revenue models. You can order your clothing, groceries and cleaning supplies and get it delivered directly to your doorstep on weekly or monthly basis.

7. E-commerce

2018 may finally be the year when ecommerce overtakes retail permanently. In a report on online retail, Forrester stated that 83 percent of U.S. adults purchased something on Amazon this year. As this number grows, and digital storefronts become a more convenient and attractive option for consumers; we can expect that ecommerce takes control over retailer prices.

8. Automation

We can predict that artificial intelligence and machines will become omnipresent in the professional world. From virtual assistants, to manual labor, many jobs will be likely to disrupt in the coming years. No offence, humans are necessary in many fields yet, but; there are many points of optimization that can be fully automated with embedded technology.