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2021 Digital Transformation Technology Trends & Forecast

Updated: Oct 1, 2021

We are now at the central point where the rapid changes fueled by digitalization, mobilization, augmentation, and disintermediation are happening every nanosecond. The way we work will never be the same. The internet of things, quantum computing and artificial intelligence are transforming the world at a high speed. Digital transformation trends should be known up-to-date to not be driven by the changes and to discover new opportunities in one of the most transformational times in human history.


Key Points

  • The Cyber Security market prevailing on a global note is predicted to touch the $173.57 billion mark by 2022.

  • By 2023, it is anticipated that we will be able to enter digital environments that appear completely real to all five of our senses.

  • The United States is the only country that is at the top20 for the majority of 2021 Digital Transformation trends’ industries.

This blog will discuss about

  1. 2021’s Digital Transformation Technology Trends and Forecasts,

  2. Top Countries for 2021's Digital Transformation Trends

  3. Top ERP/CRM Systems for 2021

  4. Conclusion

Forecast of Technology Trends in 2021


New technologies are being developed and innovation around the application of existing technology is changing rapidly. We need to know technology trends to get ahead of our competitions. Some digital transformation technology trends and forecasts that needed to be known for 2021 are as follow:

  • Artificial Intelligence (AI) - More advanced implementations of artificial intelligence and machine learning (AI/ML) across industries will be seen in 2021. AI adoption will continue to gain traction with a focus on actions that are not subject to profound shifts caused by the ongoing pandemic.

  • 5G and enhanced connectivity - Ethernet, WiFi and 4G LTE will likely be replaced by 5G. Setting up and buying robots will be less expensive and the end result is likely to be smarter factories with greater automation.

  • Edge computing - As organizations continue transforming to cloud native software development, they will be up for more edge computing.

  • Internet of behaviors (IoB) - It is forecasted that the individual activities of 40% of the global population will be tracked digitally with IoB Technology to influence human behavior by 2023.

  • Quantum computing - According to multiple experts, as quantum computers improve and the number of qubits available grows, more companies will look for specific use cases that can be leveraged sometime in the next decade.

  • Blockchain - It is predicted that by 2022 annual global spending on blockchain solutions will reach $11.7 billion.

  • Cybersecurity - US-based Crystal Market Research (CMR) predicted that Cyber Security market prevailing on a global note to touch $173.57 billion mark by 2022. It is said that during the forecast period the market will register a compound annual growth rate (CAGR) of 10.35%.

  • Human augmentation - It is predicted that the Global Human Augmentation Market will reach US$17 Billion by 2026.

  • Augmented reality and virtual reality -The market for virtual reality business equipment is expected to grow from $829 million in 2018 to $4.26 billion by 2023, and we will be able to enter digital environments that appear completely real to all five of our senses at the same time.


Top Countries for 2021's Digital Transformation Trends


By referencing the data from Source Statista, MarketWatch, Enterprise IoT Insights, Cipher, Analytics India Magazine, we made the above chart, top countries ranking for each 2021 technology trends main sector (DX, AI, IoT, Blockchain, Cybersecurity, Quantum Computing and 5G). According to our analysis results, the United States is the only country that is at the top 20 for all sectors. The other major countries who are leading in the majority of 2021 technology trends sectors are as below.

  • United States

  • South Korea

  • China

  • Germany

  • United Kingdom

  • France

  • Canada

  • Sweden

  • Singapore

  • Japan

  • Estonia


TOP 10 ERP/CRM Systems for 2021


Enterprise resource planning (ERP) system helps improve the business processes’ efficiency and offers interrelated management of specific business processes while Customer Relationship Management (CRM) system helps the companies’ connectivity with customers, streamline processes, and improve their profitability. Top 10 ERP and CRM Systems in the market for 2021are -

  1. Oracle ERP Cloud - Oracle Enterprise Resource Planning Cloud is a cloud-based software application suite that manages enterprise functions including accounting, financial management, project management, and procurement.

  2. Microsoft Dynamics 365 - Microsoft Dynamics 365 is an enterprise resource planning and customer relationship management intelligent business application.

  3. ZOHO CRM - Zoho Office Suite is an Indian web-based online office suite containing web conferencing, customer relationship management, project management, invoicing and other applications.

  4. Hubspot - HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service.

  5. Netsuite CRM - Netsuite CRM delivers powerful capabilities all in a single cloud solution, including sales force automation, marketing automation, and customer service and support.

  6. Salesforce CRM - Salesforce.com, Inc. is an American cloud-based software that provides customer relationship management service and a complementary suite of enterprise applications focused on customer service, marketing automation, analytics, and application development.

  7. SAP CRM - SAP Customer Relationship Management is an integrated customer relationship management module that helps any organization to achieve their business goals and allows them to perform all Customer Relationship tasks efficiently.

  8. ODOO CRM - Odoo is a suite of business management software tools including CRM, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.

  9. SAGE X3 - Sage X3 is a complete management system providing planning, scheduling, and production control for both discrete and process manufacturers. It helps promote innovations and reduce time to market, while improving production efficiency and customer service.

  10. IFS- IFS is an enterprise software for customers around the world who manufacture and distribute goods, maintain assets, and manage service-focused operations. It allows businesses to keep track of assets and manage services across their entire environment.

Conclusion

In the 21st Century, things are changing every nanosecond. To keep up with the changes and trends, we have to be familiar with forecasts. Some of 2021’s technology trends forecasts include Artificial Intelligence (AI), Internet of behaviors (IoB), Blockchain, Cybersecurity, Quantum computing and Human augmentation. Things will only be going in one way and that is digitally. Hop on Industry 4.0’s new trend, Digital Transformation, and transform your business to be more productive, efficient & effective.


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