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Strongest digital industries in 2022

Alex Lowe by Alex Lowe
March 18, 2022
in Hot Investments
0

FintechZoom > Economy > Investments > Hot Investments > Strongest digital industries in 2022

As technology advances, so does the digital industry. With new and innovative technologies being released every day, it can be hard to keep track of which industries are growing the quickest. This article aims to explore some of the strongest digital industries in 2022. These industries are booming and are only going to continue to grow in popularity in the years to come. Keep reading to learn more!

Table of contents

  • E-commerce (online shopping)
  • E-sports
  • Virtual Reality
  • Artificial Intelligence (AI)
  • Apps & software
  • Online gambling
  • Augmented reality

E-commerce (online shopping)

E-commerce (online shopping) is already a top digital industry that is continuing to rise in popularity. This growth rate makes it the strongest and fastest-growing digital industry in the world. It’s also expected to keep growing in future years. While e-commerce only has a market share of 10%, it is the fifth-largest sector by GDP among all industries. Furthermore, it is expected to reach a market share of 15-20% in 2022, making it one of the strongest digital industries.

E-sports

E-sports refers to competitive video gaming where gamers play against each other for entertainment purposes. People play these games either at home or professionally in massive stadiums with anything from small audiences to thousands of people watching online.

There are tournaments around the world, as well as sponsorship deals with major brands. The market for e-sports is still growing and is expected to grow even further in future years.

Virtual Reality

Virtual reality (oft-abbreviated to VR) can be defined as a computer-simulated environment that is created using software and devices such as VR headsets to give users realistic images, sounds, and other sensations that replicate a real environment or create an imaginary setting.

One example of VR being used today would be video games. People have been playing video games for decades, and their popularity has only been rising. Now with the introduction of virtual reality, people can explore these worlds in a way that they never have before.

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Artificial Intelligence (AI)

AI refers to the process of machines carrying out tasks that would normally require human intelligence. Many tech companies are now focusing on making AI advancements in order to improve their products. For example, Microsoft is focusing on making AI its core technology, which will enable customers to have a more human-like conversation with devices.

AI has already been used in multiple different industries, including retail, education, healthcare, and the gaming industry. However, with the rise of technologies, such as virtual reality, e-sports, and e-commerce, we can expect AI to become even more popular and be implemented into more areas of our lives in upcoming years.

Apps & software

Apps are handy applications that can be downloaded onto mobile devices or personal computers. We often use apps for entertainment, communication, news, and productivity, amongst other things. Apps are also an integral part of our digital lifestyles, as they offer convenience to users.

Software is computer programming that serves specific purposes in order to help the user complete certain tasks. For example, Microsoft software helps people work more efficiently on their computers, whereas Apple software does the same but for Apple products. The app and software industry will continue to grow in popularity, as there are now 2 billion active smartphone users around the world. This means that consumers want to make sure their smartphones have everything they need to make them useful and convenient.

Online gambling

As most people now have access to the internet and, consequently, own at least one smartphone, there has been an increase in online gambling since people can log onto their preferred site whenever they want. Furthermore, with e-commerce expected to reach a 15-20% market share by 2022, we can expect more people to gamble using their smartphones, which will drive the growth of this digital industry even further.

Sites such as Cafecasino that offer live casino games are becoming increasingly popular. It’s easy to see why. They are convenient, easy to use, and have lots of variety. That’s why, as a result of this, more and more people are likely to log onto online casinos, as they can now do so from their phones or tablets, wherever they want, whenever they want.

Augmented reality

Augmented reality (AR) is a live direct or indirect view of a physical, real-world environment whose elements are augmented (or supplemented) by computer-generated sensory input such as sound, video, graphics, etc. The technology can be used in gaming, for example.

Other forms of AR include web-enabled mobile apps that you can use on your smartphone or tablet to play games with your environment, such as top hiding games where you need to find items within your surroundings.

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Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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