In the very near future, we will talk about new technologies such as Industry 4.0, the Internet of Things, Artificial Intelligence, Machine Learning, Big Data, Smart Gadgets, Augmented Reality, 5th generation wireless network technology, blockchain, and digital wallets. All of these concepts will become an everyday part of our lives. Everything is changing very fast with new technologies, and very soon we are going to wake up to a completely different world. There are many projects that are almost ready and waiting to be launched to impress. Let’s look at some inspiring projects and predictions about the near future!

New Technologies

5G-Powered Flying Taxis by Uber and AT&T

Yes, you read that right. It’s not a scene from a sci-fi movie or a new episode of the legendary Back to the Future. With 5G internet, Uber and AT&T have formed a business partnership to launch the first flying taxis in major cities. Uber has already been working on flying vehicles under the name UberAir, and now they will utilize the power and benefits of 5G technology through their collaboration with AT&T, which is currently working hard on reliable next-generation wireless networks. The commercial launch of UberAir is planned for 2023. It seems like we are finally going to realize our childhood dreams—flying cars won’t be fiction anymore.

Smart Energy Plants with 5G Technology

South Korea’s biggest mobile operator, SK Telecom, announced that they will work with Korea Hydro & Nuclear Power to develop smart 5G energy plants. The main target of this project is to increase the safety of nuclear power and improve energy efficiency by integrating the technologies of Industry 4.0 and 5th-generation wireless internet.

800 Million Units of 5G-Enabled Devices by 2023

By 2023, 800 million units of 5G-enabled devices will be shipped, meaning that 51% of smartphones will feature 5G. Market growth between 2019 and 2023 is expected to reach 179%, according to research firms. As predicted, China will lead the shipment of 5G-enabled devices with 34%, followed by North America with 18.8%.

Digital Transactions Will Reach 9 Trillion Dollars by 2024

We are still getting used to the concept of digital wallets, and there is still a huge development process ahead. However, in the near future, a significant increase in adoption is expected. Juniper Research announced the results of their study: by 2024, 50% of the world’s population will use digital wallets. This number refers to 4 billion users, compared to 2.3 billion in 2019.