Artificial Intelligence and Machine Learning Will Continue to Grow

Artificial intelligence is not something new and will continue to be adopted by more sectors in the coming years. The International Data Corporation estimates that the AI market will touch $40 billion by 2020 while IDC says that global spending on Artificial Intelligence and cognitive systems will reach $77.6 billion in 2022!

Blockchain Technology Will be Increasingly Adopted

There has been further enhancement of blockchain technology in recent years and this trend is expected to continue in the coming years as well. Major financial institutions and investors have already reaped huge benefits from this technology, especially when it comes to their assets. Transparency Market Research estimates that the market for blockchain technology will hit $20 billion by 2024. 

Increase in On-Demand Apps

On-demand apps act as mediators between providers of different services and customers. The app world is going to be more interesting in 2020 as more and more providers offer on-demand apps in the market. Uber and Taxify are some companies that have gained a lot of popularity in recent times from on-demand app services.

Chatbots Will Find Widespread Usage

The latest trends in mobile apps indicate that Chatbots will take over several different communication lines in the mobile app world. Part of this increased chatbot adoption is attributed to the need for real-time interaction between service providers and customers. It is important to note that this technology circumvents the need for human-to-human interaction.

Increased Dominance of Wearable Apps

Wearable technology is seeing increasing adoption all around the world. Statists predicts that the number of wearable devices will reach 929 million by 2021, up from 453 million in 2017. You can expect wearable devices and apps to soon become an important part of everyday life.