The top 10 money-making technologies of the future look to be accelerating, even though large portions of the tech sector are still grappling with the aftermath of the funding spree. The next 12 months will see an increase in noteworthy discoveries. Generative AI has already had a significant impact. The development of digital smell technology will open up new avenues for travel and allow for more accurate predictions of consumer preferences for foods and cosmetics. In the meantime, virtual power plants are becoming more and more popular as a way for homes outfitted with sparkling solar panels and battery packs to make money and contribute to the improvement of electricity infrastructure.
Immortality-as-a-service: For thousands of years, people have fantasised about life, but technology companies and venture investors are now showing increasing interest in this age-old fantasy. Imagine a society where age was nothing more than a number.
The covert super app invasion: A significant conflict between large app-level platforms vying for control of users’ online lives is being set up on stage. Super apps are the Swiss Army Knives of consumer digital platforms.
Fintech’s rapid regeneration: The most challenging market conditions for fintech firms since they began exist today, yet many are already responding by expanding into new sectors and providing services to businesses.
Robots in the home: Technologists and businesspeople are both looking into safe ways to incorporate robots into the home as helpful cleaning appliances and sympathetic pets.
Virtual power plants: As the need for renewable energy rises, grid stability concerns increase, and communities struggle with rising energy prices, decentralised energy solutions are becoming more and more popular.
Healthcare’s invisibility trick: Ambient health monitoring will go beyond standard remote patient monitoring methods to continuously collect data using gadgets that are more connected and less intrusive than ever before. This is healthcare’s covert strategy.
Smell turns digital: While digitising fragrance is a challenging process, smell technology is making significant progress and could have an impact on a variety of industries in the coming year, including food, retail, healthcare, and others.
Femtech shifts to menopause: As the women’s health sector grows, more businesspeople are concentrating on underserved subjects like menopause. Although women in the United States spend most of their money on healthcare, many of their needs are still unmet and underfunded. Menopause
The rise in bio-based materials: Businesses are creating new materials from organic resources like seaweed and mushrooms. Utilising organisms like seaweed and mushrooms, bio-based products are produced.
India’s rise in technology: VCs are betting on India in the hopes of making money from the startup ecosystem’s next phase of explosive growth. India has become a hub for venture capital (VC). By 2030, the nation’s economy is projected to overtake China as the third-largest on the globe.