The impact of technology on our daily lives is undeniable and we are constantly surrounded by gadgets and tech appliances everyday. A recent survey from PwC demonstrated that the ownership of smart devices has more than doubled in the last two years.
Technological devices aren’t just your smartphones, but also the FitBit on your wrist or even your Google Home that can control your lights. Now pretty much everything is connected by a central app that will make your life so much simpler and convenient. You could be on your way home and be able to see what’s inside your fridge with FridgeCam. Life has never been easier? Right?
According to Netimperative, 85% of the online population in the UK now own at least one smart product. This makes the UK the second largest smart home market in Europe. A recent study by Bloomberg highlights that UK digital companies are growing sales 2.6 times faster and hiring employees at a 500% rate compared to the rest of the economy. This demonstrates that the government feels that tech is definitely worth investing in within the UK, which can be an explanation for the influx of digital devices within society.
YouGov’s smart speaker report underlines that within 3 months, twice as many people in Britain have bought at least a smart speaker. The rapid growth from 5% to 10% highlights that the connected home market is becoming extremely popular as more and more people are buying Alexa, Google Home and Apple Home products.
A lot of people believe that robots will replace humans in the near future and it no longer feels unrealistic with the growth and investment in technology globally.
What do you predict will happen in the world of technology over the next 5 years?