Top 5 digital Trends for 2017

Lately, almost 43% of the humanity population is connected to the Internet favoring the IoT segment of digital trends. This enables us communicate better, share photos, files, and conduct business across the globe. This makes it easier to carry out business even with the people you have not seen before. Video is another digital trend of 2017 and is the best way to connect with millennial. Facebook live streaming, Periscope, Snapchat, and YouTube are rising now more than ever.

On the Digital Finance Service, “Most of the money will be redirected to blockchain projects, not just for the banks but for all industries as stock market collapses and gold loses its luster. Ethereum’s token “Ether” went from 30 cents up to $10.50 as of today within months. Banks would be investing millions into the technology industries.

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More technological improvements have been witnessed in the past 10,000 years, and there are more to be seen in the next 5 years to come.

The Top 5 Digital Trends of 2017, a new presentation report created by John Greenough of Business Insider Intelligence, identifies the major digital trend in each of the top vertical areas which include Digital Media, Mobile, Digital Finance Services, E-Commerce, and the Internet of Things (IoT).

Overall summery of the 5 BI digital trend report

• In Digital Media, it is reported that programmatic advertising has exploded in modern years.
• In Mobile, You will notice that messaging applications have become the new Operating System overtaking letter, text messaging, email and many more.

Reference: Business Insider

• In Payments, mobile wallets such as the use of credit and debit card will be the story to watch in 2017.

In the E-Commerce, buying, deliveries and shipping are changing severely as more online shopping malls overwhelm shipping companies. As an outcome, shipping companies are raising their charge. But this increase is causing mega retailers such as Amazon and Walmart to create their own shipping solutions.

• Businesses are using the Internet of Things (IoT) to lower their operating costs, increase productivity, expand to new markets, and also develop new product offerings which makes fewer jobs to be available for people.

Reference: Text and Image Source: Business Insider