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4 Tech Trends to Keep An Eye on for 2023

4 Tech Trends to Keep An Eye on for 2023

Authored by Novus Insights 28/02/2023

Technology keeps on evolving, sometimes faster than we can anticipate. Almost every other industry is witnessing some major technological advancements, which require businesses to re-evaluate their strategies and approach to leverage relevant technological trends. Technology market research presents an excellent way for businesses to stay relevant in a highly-competitive landscape where change is the only constant. Continuing on the topic, read on, as we present four tech trends to keep an eye on for 2023.

Leveraging Genomics for a Healthier Future

Genomics, a subset of molecular biology, deals with the study of structuring, mapping, functioning, evolution, and editing of an organism’s genome. Today, it is possible to fight novel diseases and medical complications through DNA analysis. As more countries come together to chart a plan to fight against any future pandemic-like threat (similar to Sars-Cov-II), genomics presents a wide scope of technological advancements that businesses can leverage through Bioinformatics, Understanding DNA Polymorphism, and Immunogenetics.

Innovation Through 3D Printing

3D Printing technology, also called Additive Manufacturing, refers to the process of creating three-dimensional objects through continuous deposition of blends of plastics or resins. A key technological trend, 3D printing can help resolve logistical issues and provide economic alternatives to expensive models and tools across different industries. Given the vast scope of opportunities, businesses can successfully leverage this revolutionary technology, provided they have relevant data insights. A trusted market research company is uniquely placed to equip your business with crucial insights derived from the best technology market research.

Emphasis on Sustainable Technology

If there’s one technology trend that is expected to continue growing in 2023 and beyond, it's the emphasis on sustainable technology. In a world characterized by a rapid increase in IT architecture (smartphones, computers, and tablets), the responsibility to develop a framework that can enable environmental, social, and governance or ESG outcomes has never been more imperative. From finding safer materials to manufacture IT components to developing data storage mediums (Cloud services) that require lower amounts of energy to run, businesses are charged with looking for alternatives that don’t contribute to environmental degradation.

Progress in Web3

Web3, a new-age iteration of the World Wide Web, is a decentralized ecosystem involving blockchain technology and related concepts such as token-based economies. Today, where almost every individual and business is coming up with their own NFT to bridge the gap between asset ownership and digital communication, the use of Web3 is only expected to grow manifolds. Another example where Web3 can be beneficial is “cloud storage”, which, when decentralized and the data is encrypted with blockchain technology, makes data safer while presenting multiple ways to access it.

Final Word

While the discussion on the impact of these and other tech trends can go on forever, businesses need to take the initiative to stay ahead of the curve. Leveraging the trends and modifying existing SOPs is where most businesses face the real challenge. The best way forward is to partner with a proven market research firm like Novus Insights that provides rich and actionable insights through some of the best technology market research. Placed among the leading market research firms, we leverage the right blend of human expertise and the latest research methodologies to help you grab new opportunities and outperform the competition. To discuss your requirements, call +91 1244142292, +91 7428225350, or email You can also fill out our contact form, and we will respond at the earliest.

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