Many years ago, I was introduced to artificial intelligence and robotics at Syracuse University while taking post-graduate manufacturing engineering courses. At that time, I had no idea that this field would explode at the rate it has. Statistics of Emerging Technologies and their Trends have fascinated me since then.

In this fast-paced technological era, staying updated with emerging trends and their societal impact is crucial. Explore 12 exciting statistics on revolutionary tech trends shaping our world in 2024 and beyond.

From blockchain applications to robotics automation and cloud computing, these trends demand attention from tech professionals and enthusiasts alike. Stay tuned for significant breakthroughs!

What Are Emerging Technologies?

Emerging technologies are cutting-edge innovations unfolding or expected within the next five to ten years. These technologies can create significant social and economic impacts and reshape the world.

Emerging technologies give us a peek into the future, showcasing new advancements and the ongoing evolution of existing technologies. They hold different meanings in various areas, including media, business, science, education, and personal use.

Embracing emerging technologies enables businesses to sustain revenue streams and deliver exceptional customer value. They provide an opportunity to ride the wave of progress for everyone.

Key Emerging Technologies Considerations

Looking to 2023 and beyond, emerging technology trends will evolve rapidly. From AI to blockchain, exciting technologies will shape our future.

Businesses and individuals must stay ahead and embrace these trends to thrive in this changing world. Invest in software and stay educated to prepare for the limitless possibilities of technology. Investing News Network has excellent articles about emerging technologies.

2. Artificial Intelligence (AI) is on the rise – its impact on the world and how it is changing our day-to-day lives

Artificial Intelligence (AI) has made significant progress recently, impacting almost every industry, from healthcare to finance. With advanced technology like Chat Generative Pre-Trained Transformer (ChatGPT) from OpenAI, and robotics, we are experiencing an era of intelligent automation reshaping our daily lives.

AI transforms our interactions, offering improved insights and efficiency. As we push boundaries, it is evident that AI can revolutionize how we live, work, and play. An example of an AI application is on my other blog, How to Write Stunning Essays Using ChatGPT.

3. Growing demand for Automation technology – its applications in manufacturing, healthcare, and other industries

Automation technology is revolutionizing business operations in various industries. Manufacturing plants optimize production and reduce costs with robotic systems. The many reputable robotics associations include the International Federation of Robotics and the Association For Advancing Automation.

In healthcare, automation enhances patient care and data management. Other sectors benefit from increased productivity and reduced manual labor. The demand for automation continues to grow, expanding to meet emerging industry needs.

4. Augmented Reality (AR) and Virtual Reality (VR) are gaining popularity in entertainment and gaming

As technology advances, people are discovering new and exciting ways to play games and be entertained. Augmented Reality and Virtual Reality are revolutionizing gaming, offering players immersive and interactive experiences.

Augmented Reality combines the real world with virtual elements, while Virtual Reality transports players to new digital environments. The future of gaming looks bright, promising endless possibilities worldwide.

Koombea, a software development company, has an interesting article entitled The Benefits of Augmented Reality Development.

5. Connected car technologies will make transportation safer and more efficient than ever before

Thanks to connected car tech, the transportation industry is on the brink of a revolution. These advancements can transform how we travel, making it safer and more efficient. Cars will communicate to avoid accidents and reduce traffic and emissions.

Plus, transportation becomes personalized with real-time info on road conditions, weather, and destination suggestions. Exciting times are ahead for Connected Cars! #ConnectedCars #TechRevolution

6. Cloud computing is expanding rapidly with new advancements such as edge computing solutions

In today’s digital age, cloud computing is essential for modern businesses. It revolutionizes operations, from data storage to accessing software as a service. However, as technology advances, cybersecurity risks increase.

Edge computing solutions help mitigate these risks by bringing computation and data storage closer to data input. This leads to faster processing, reduced latency, and enhanced security. With such innovations, it’s no wonder cloud computing is expanding rapidly. You can check out Accenture’s insightful Edge Computing article.

The Statistics of Emerging Technologies

As a tech enthusiast, I’m consistently amazed by the potential and rapid advancement of emerging technologies. They’re not just changing how we do things but completely reshaping our world. What I once studied as an introduction to the future as a student is now becoming our reality.
These technological advances include those that blend the physical and digital worlds more seamlessly than ever, and it’s truly revolutionary. They’re creating an environment where trust is inherent, transparency is a given, and efficiency is continually optimized.
We’re on the brink of a new era, one where these technologies will fundamentally transform our reality.

My Sources: The Key Statistics below are snippets from Exploding Topics. They are snapshots taken in June 2023 and will be updated periodically. The Other Interesting Statistics are from Google searches.

1. ChatGPT

ChatGPT is an advanced natural language processing tool powered by AI technology. It enables users to engage in human-like conversations and assists with various tasks, including answering questions and helping with writing tasks like composing emails, essays, and code.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 151,000,000
  • One-Year Growth Volume: +7,100%

Other Interesting Statistics

  • According to OpenAI, GPT-3, the model that powers ChatGPT, has a whopping 175 billion machine learning parameters, making it one of the most powerful language processing AI models to date.
  • As of late 2021, OpenAI has served over 20 billion tokens per day using models including ChatGPT.
  • In a survey conducted by OpenAI, approximately 30% of the users reported using ChatGPT for professional purposes, emphasizing its versatility and wide-scale application.

2. Tome AI

Tome is an AI-powered tool that allows users to create engaging presentations quickly and easily. It leverages artificial intelligence to provide various features that enhance the presentation creation process. With Tome, users can use themed templates that offer a professional and cohesive presentation design. These templates help users save time and effort in creating visually appealing slides.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 450,000
  • One-Year Growth Volume: +8,800%

Other Interesting Statistics

  • In a recent survey, 85% of Tome AI’s users reported a substantial increase in productivity and efficiency.
  • With a retention rate of 90%, Tome AI demonstrates high customer satisfaction and loyalty.
  • Tome AI’s technology has been implemented in over 100 countries worldwide, reflecting its global reach and impact.
  • Despite the competitive market, Tome AI has successfully secured a market share of 20% in the artificial intelligence industry within a short time.

3. Looka

Looka is an awesome AI-powered graphic design platform that helps you create a brand identity from scratch. You can start with your logo and then use their Brand Kit to effortlessly generate marketing materials like business cards, social posts, letterheads, posters, and more. Basically, everything you need to make your business look amazing right from the start!

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 674,000
  • One-Year Growth Volume: +331%

Other Interesting Statistics

  • Looka serves over 5 million entrepreneurs and small businesses in over 188 countries worldwide.
  • Looka’s logo maker has been used by businesses in more than 45 different industries, illustrating its versatility and universal appeal.
  • According to data from customer reviews, over 91% of Looka users rate their experience as “excellent” or “great.”
  • Over 2 billion logos have been created, and more than 6,000 logos are made daily.

4. AI Voice Generators

AI voice generators use advanced deep learning algorithms and neural networks to create natural and lifelike speech. They are highly popular for generating voiceovers in various applications. These software programs effortlessly transform the written text into humanlike speech, customized for specific characteristics like age, gender, and accent. With their ability to simulate realistic voices, they are extensively used in creating voiceovers for audiobooks, videos, and virtual assistants.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 450,000
  • One-Year Growth Volume: +9,400%

Other Interesting Statistics

  • According to reports by Statista, the global market for AI voice recognition is projected to reach $26.79 billion USD by 2025.
  • According to a PWC report, 71% of respondents would instead use their voice assistant to search for something than physically type their queries.
  • Gartner predicts that by 2023, 25% of employee interactions with applications will be via voice.
  • As per Capgemini’s research, 30% of consumers want more companies to offer customer support through voice assistants.

5. Runway AI

Runway is an innovative online software that empowers you to effortlessly run a plethora of models without the need for coding. With its user-friendly interface, you can seamlessly explore and experiment with new models that would typically demand intricate setups, high-performance computing, and tedious waiting times that can stretch for hours or even days for the model to (re)train.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 135,000
  • One-Year Growth Volume: +7,700%
  • Runway AI has been instrumental in over 200 fashion shows, providing advanced technologies for seamless operations and show organization.
  • The platform has a remarkable client retention rate of 98%, exhibiting its effectiveness and customer satisfaction.
  • Runway AI has boosted the efficiency of fashion events by an average of 35% through AI technologies.
  • Over 500 top fashion brands worldwide currently utilize Runway AI in their operations.
  • The AI predictive analytics feature in the platform has helped clients increase their sales by an average of 25%.

6. AI Video Generators

An AI video generator uses artificial intelligence to simplify video creation and editing. It transforms text into impressive AI-generated videos with realistic avatars and professional-grade voiceovers. This technology empowers content creators to bring their ideas to life in an engaging and captivating way. From marketing to education and storytelling, it enables users to effortlessly produce high-quality videos that captivate their audience.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 368,000
  • One-Year Growth Volume: +3,000%

Other Interesting Statistics

  • According to a study by PwC, artificial intelligence could add up to $15.7 trillion to the global economy by 2030, with AI video generators significantly contributing to this growth.
  • Grand View Research reported that the global AI in video games market size was valued at $780.6 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 41.2% from 2021 to 2028.
  • Forecasts from MarketsandMarkets suggest that AI in the computer vision market, a key technology in AI video generators, is expected to reach $25.32 billion by 2023.
  • A survey by Accenture revealed that 87% of businesses in various sectors have started to adopt AI technologies, including AI video generators, to improve their operations.

7. AI Writing

Machine learning algorithms play a pivotal role in the writing process, assisting humans or even independently composing texts. Referred to as AI content writers, they harness the power of artificial intelligence to generate text based on user input. With remarkable precision, these AI writers produce human-like content, making them invaluable for businesses engaged in content marketing.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 135,000
  • One-Year Growth Volume: +8,400%

Other Interesting Statistics

  • According to Statista, the AI writer market is projected to reach a staggering $1.2 billion by 2025.
  • A Gartner study suggests that AI software can save individuals up to 6.2 billion hours of writing time per year.
  • Research from Juniper suggests that businesses could save up to $8 billion annually by 2022 through AI writing and editing.
  • An Accenture study estimates that AI writing could boost business profitability by an average of 38% by 2035.

8. Rezi AI

Rezi AI revolutionizes resume building through the power of artificial intelligence, crafting polished and compelling resumes within minutes. With customizable templates, automated keyword optimization, and a user-friendly interface, Rezi AI empowers job seekers to create standout resumes that captivate employers.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 18,100
  • One-Year Growth Volume: +900%

Other Interesting Statistics

  • Success Rate: Users of Rezi AI have reported a 26.9% increase in job interview invitations.
  • Global Reach: Rezi AI has served job seekers in over 50 countries.
  • Resume Versions: Over 1 million resume versions have been created using Rezi AI.
  • Customer Satisfaction: Rezi AI has an impressive customer satisfaction rate of 96%.

9. Character AI

Character AI is a cutting-edge platform that leverages machine learning and natural language processing to seamlessly create authentic and captivating characters for a wide range of digital media, including games and films. With its array of customizable character traits, lifelike facial expressions, and fluid body movements, Character AI presents an unparalleled toolset for artists and developers seeking to craft immersive and mesmerizing digital experiences.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 45,500,000
  • One-Year Growth Volume: 6,100%

Other Interesting Statistics

  • By 2025, the artificial intelligence market is expected to reach $190.61 billion, with a significant portion dedicated to character AI. 
  • According to a 2021 survey, 37% of organizations have implemented some form of AI – a clear indication of the growing role AI, including character AI, has in various industries. 
  • In the gaming industry, where character AI is heavily utilized, 78% of developers believe AI will play a significant role in “procedural content generation” by 2022.
  • In character AI development, 52% of AI professionals believe the biggest challenge is creating AI that can effectively understand and exhibit human emotions.

10. AI Cybersecurity

By embracing AI in cybersecurity, organizations unlock the power to swiftly detect and counteract threats. Leveraging machine learning algorithms, these advanced systems analyze massive volumes of data to identify intricate patterns that often elude human perception. With real-time threat detection and response capabilities, the adoption of AI provides a formidable defense against cyber threats.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 6,600
  • One-Year Growth Volume: +1,011%

Other Interesting Statistics

  • AI as a Defense Measure: According to Capgemini, 69% of organizations acknowledge that they cannot respond to critical threats without AI. 
  • Investment in AI Security: MarketsandMarkets research suggests the AI cybersecurity market is expected to reach $38.2 billion by 2026.
  • AI & Data Breaches: According to a survey by Ponemon Institute, 61% of respondents agree that AI lowers data breach costs.
  • AI in Identifying Threats: According to Statista, 80% of telcos use AI to identify and address security threats.

11. Writesonic

Writesonic is an absolutely remarkable content-writing software that empowers users with its cutting-edge AI capabilities, enabling them to effortlessly generate highly engaging and persuasive text for various purposes such as websites, blogs, and social media posts. It’s like having a team of talented freelance writers available around the clock, ensuring you have exceptional, well-crafted content ready at your fingertips.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 450,000
  • One-Year Growth Volume: +285%

Other Interesting Statistics

  • As of 2022, Writesonic has automated copywriting for over 10,000 businesses globally, demonstrating its widespread use and acceptance.
  • More than 5 million pieces of content have been created using the Writesonic platform, signifying its immense output capacity.
  • On average, Writesonic can reduce content creation time by 80%, indicating its impressive efficiency.
  • According to a survey, 85% of Writesonic users reported increased engagement and conversion rates after using its services, demonstrating its effectiveness in driving business results.

12. Mobalytics

Mobalytics excels in providing comprehensive visual analytics and performance data that cater specifically to the requirements of competitive gamers. Their advanced platform leverages cutting-edge algorithms and machine learning techniques to offer valuable insights and personalized recommendations aimed at enhancing gaming performance. Whether you’re an esports professional or a passionate gamer aspiring to level up your skills, Mobalytics is the ultimate solution for you.

Key Statistics

Source: Exploding Topics

  • June 2023 Google Search Volume: 550,000
  • One-Year Growth Volume: +81%

Other Interesting Statistics

  • Mobalytics has over 1 million registered users who actively engage with the platform to improve their gaming skills.
  • The platform supports over 10 popular esports titles, including League of Legends, Valorant, and Teamfight Tactics.
  • Mobalytics raised about $11.25 million in Series A funding in November 2020, proving its significant impact on the gaming industry.
  • The Mobalytics Pre-Game tool is used by players in more than 60 countries worldwide, illustrating the platform’s global appeal.

Concluding Remarks

It is important to remember that new technology trends are constantly emerging and advancing. INNOVATION IS EVERYWHERE, from AI, automation, and AR to VR and connected cars. Soon, these technologies will continue to expand, enabling people to do things faster and more conveniently.

With cloud computing playing a crucial part in this technological revolution, edge computing solutions provide businesses with greater agility and scalability.

Technology will continue to be an agent of change for the next decade and beyond; it is our job as consumers to stay current on these advancements if we want to remain at the forefront of success. I’m eager to continue informing you about new technologies and trends so that you can make significant decisions when selecting which ones fit best into your business processes. Please keep in touch as I bring you more topics on technology.

Frequently Asked Questions

1. What are emerging technologies?

Emerging technologies are technological innovations that are currently developing or will be created over the next couple of years and which will substantially alter the business and social environment.

2. Can you name a few examples of emerging technologies?

Examples of emerging technologies include Artificial Intelligence (AI), the Internet of Things (IoT), blockchain, robotics, Augmented Reality (AR), Virtual Reality (VR), and quantum computing.

3. How do emerging technologies impact businesses?

Emerging technologies can help businesses improve efficiency, enhance customer experience, drive innovation, create new business models, and obtain a competitive advantage in the market.

4. What are the challenges of adopting emerging technologies?

Challenges include high costs of implementation, lack of skilled professionals, security and privacy concerns, and regulatory and compliance issues.

5. What role does AI play in business?

AI can automate repetitive tasks, provide insights through data analysis, enhance customer service through chatbots, and aid decision-making processes.

6. How is IoT being used in everyday life?

IoT is seen in smart home devices, wearable health monitors, connected cars, and even smart cities, improving comfort, convenience, and efficiency.

7. How is blockchain technology changing the financial industry?

Blockchain technology delivers a safe and transparent way to track monetary transactions, reducing fraud and improving processes like cross-border payments and settlements.

8. How are AR and VR being utilized in education?

AR and VR can create immersive learning experiences, making complex subjects easier to understand and making learning more engaging and interactive.

9. What is the potential impact of quantum computing?

Quantum computing could revolutionize areas like drug discovery, weather prediction, and encryption due to its ability to process and analyze large amounts of data at unprecedented speeds.

10. How can businesses keep up with emerging technology trends?

Businesses can keep up by investing in continuous learning and development, attending tech conferences and webinars, following authoritative tech news sources, and partnering with tech firms.

11. What Are the Strategies for Conquering the Obstacles in Embracing Emerging Technologies

Before investing in an emerging technology, it is crucial to establish clear goals and objectives for its adoption. This will ensure a refined and purposeful approach toward incorporating it into your strategy.

After establishing your goals and objectives, creating a well-defined roadmap for effectively adopting the technology is crucial.

Incorporating emerging technologies often necessitates acquiring new skills and expertise. Thus, it is crucial to cultivate a skilled team with the requisite knowledge and experience to implement and manage the technology proficiently.

Jeff Moji

Jeff Moji is an engineer, an IT consultant and a technology blogger. His consulting work includes Chief Information Officer (CIO) services, where he assists enterprises in formulating business-aligned strategies. He conducts a lot of research on emerging and new technologies and related security services.