Technologies that have boomed since the pandemic

Technologies that have boomed since the pandemic

While the economy was stagnating, the COVID-19 pandemic has triggered an increase in e-commerce and digital transformation. Technological advancements and the pandemic have led to rapid changes in the nature of jobs. And due to sellers and consumers increasingly purchasing and providing goods and services online, the share of e-commerce in global retail trade elevated from 14% in 2019 to about 17% in 2020. Here are the top 4 technologies trend that have boomed since the pandemic.

Virtual classes:

Even though countries are at different stages of their COVID-19 infection rates, more than 1.2 billion children were kept out of school due to the pandemic in 186 countries. As a result of the complete lockdown, educational institutions used online methods of teaching and learning to ensure continuity of instruction, as traditional face-to-face education could not take place during this unprecedented situation. Even before COVID-19, there was significant growth and adoption in education technology, with global ed-tech investments reaching US$18.66 billion in 2019 and overall online education projected to reach $350 billion by 2025.

Online shopping:

Even before COVID-19 hit, e-commerce was growing rapidly. However, the pandemic led even more U.S. consumers to go online and spend more money more frequently. Over the past two years, the pandemic is estimated to have contributed $218.53 billion to e-commerce’s bottom line. According to the same survey, the coronavirus contributed $102.08 billion to e-commerce in 2020 and $116.45 billion in 2021. In 2021, buyers spent $870.78 billion online with U.S. merchants, up 14.2% from $762.68 billion in 2020. If the pandemic had not happened, online sales would have only reached $754.33 billion in 2021.

Remote work:

Due to the COVID-19 pandemic, which required social distancing to reduce contagion, many governments strongly encouraged or mandated minimizing physical presence at work. Due to this, many businesses have turned to remote working in order to continue operating. Besides preventing the spread of viruses, remote work also saves commute time and allows greater flexibility. In the year before the COVID-19 pandemic, 5% of Americans worked from home for more than three days per week, whereas by April

2020, it was estimated that 37% of Americans worked from home full-time (WFH).

Telemedicine:

The use of digital information and communication technologies, such as computers and mobile devices, to access and manage your health care is known as telemedicine. Technologies may be used by you at home or by your doctor to enhance or support health care services. It can also be used by doctors to provide better care for their patients. One example is a virtual consultation, which lets your primary care doctor ask specialists for advice when he or she has questions about your diagnosis or treatment. Consultations conducted via virtual means may prevent unnecessary in-person referrals to specialists, improve the quality of specialist input and reduce travel time.

Currently, Covid-19 is accelerating the adoption of several technologies that help to keep families safe at home. Businesses and countries that wish to remain competitive in a post-COVID-19 world will need a robust infrastructure to support a digitized world and stay up to date with the latest technology. Not only that, but they will also require a human-centered, inclusive approach to technology governance

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