The future trends in Technology

By siliconindia   |   Wednesday, 29 June 2011, 00:57 IST   |    1 Comments
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Bangalore: Global Future and Foresight has published research sources in order to understand the environment and the future trends. In terms of technology, they have found many interesting facts about the future of the technology. Technology has powered much of the convergence in the world's economies and provided the know-how and access to global markets for those that are dramatically moving from feudal and agricultural economies to the more valuable industrial, service and intellectual property economies. The internet has expanded to reach 1.7 billion people today and is expected to reach 5 billion people across the planet by 2050. According to the research, by 2020, the number of internet users will reach almost 5 billion which is equal to the entire world's population circa 1987. This compares with 1.7 billion users in 2010 and only 360 million in 2000. Vast numbers of people in developing countries will gain access to the web and this will include laptops that can be bought for only a few tens of dollars, together with explosive growth in the use of mobile broadband. Even some of the most remote populations on earth will gain access to the internet93. There is also the probability that business communication will become increasingly virtual too. Market Media Research106 shows that virtual meetings and events doubled in value from 2008 to 2009. The industry is expected to grow to $18.6 billion by 2015, a 56 percent annual growth rate from 2010. With the oil price set to remain high over the next decade. Moreover the smartphones are overtaking the PC market. Google's John Herlihy said "In three years time, desktops will be irrelevant. In Japan, most research is done today on smartphones, not PCs. Mobile makes the world's information universally accessible. Because there's more information and because it will be hard to sift through it all, that's why search will become more and more important. This will create new opportunities for new entrepreneurs to create new business models' ubiquity first, revenue later98."