Cloud Computing, 5G, Metaverse, Electric Vehicles Among the Most Important Areas of Technology in 2023, Says New IEEE Study

Chief information officers, chief technology officers and technology leaders globally surveyed on key technology trends, priorities, and predictions for 2023 and beyond

Piscataway, NJ, October 27, 2022 -- IEEE, the world's largest technical professional organization dedicated to advancing technology for humanity, today released the results of "The Impact of Technology in 2023 and Beyond: an IEEE Global Study," a new survey of global technology leaders from the U.S., U.K., China, India, and Brazil. The study, which included 350 chief technology officers, chief information officers and IT directors, covers the most important technologies in 2023 and future technology trends. To learn more about the study and the impact of technology in 2023 and beyond, visit https://transmitter.ieee.org/impact-of-technology-2023.

A More Connected, Sustainable, and Virtual World
Which areas of technology will be among the five most important in 2023? Global technology leaders surveyed said cloud computing (40%), 5G (38%), metaverse (37%), electric vehicles (EVs) (35%), and the Industrial Internet of Things (IIoT) (33%) will be the five most important areas of technology next year.

The top industry sectors that will be most impacted by technology in 2023 are:

• (40%) telecommunications 

• (39%) automotive and transportation 

• (33%) energy 

• (33%) banking and financial services
  

Currently in its nascent stages, the metaverse can be described as an immersive digital network of 3D interactive worlds. Global technologists surveyed said the following innovations will be very important for advancing the development of the metaverse in 2023: 

• (71%) 5G and ubiquitous connectivity 

• (58%) virtual reality (VR) headsets

• (58%) augmented reality (AR) glasses
  

Technologies that foster sustainability are growing in importance. A strong majority (94%) of those surveyed agree that they have prioritized sustainability goals for 2023 and beyond, and any technologies their company implements are required to be energy-efficient and help shrink their carbon footprint. 

Metaverse-related technologies are also expected to be deployed in various ways: Ninety-one percent of respondents agree that to bring employees together for corporate training across offices, conferences, and hybrid meetings, their company is actively adopting metaverse technology strategies in 2023. In addition, over three-quarters (76%) of global technologists say 26%–75% of interactions with colleagues, customers, and management at their company will be conducted virtually in 2023. 

AI, Robotics, IIoT, and Digital Twins
AI has become ubiquitous. So it is not surprising that 98% of survey respondents agree that in 2023 and beyond, AI-powered autonomous, collaborative software and mobile robots will automate processes and tasks, including data analysis, allowing humans to be more efficient and effective. In addition, when asked what percentage of jobs across the entire global economy will be augmented by AI-driven software in 2023, 24% of technologists surveyed said 1–25%; 40% of those surveyed said 26–50%; and 27% of respondents said 51–75%. Related to the IIoT, which optimizes smart industrial machines, sensors, processors, and the real-time data they generate, 98% surveyed say using digital twin technology and virtual simulations in 2023 to more efficiently design, develop, and safely test product prototypes and manufacturing processes will be important, including 68% who say it will be very important.

EVs, 5G, and 6G
Because of its fast and high data throughput, 5G will impact vehicle connectivity and automation in 2023, 97% of survey respondents agree.

Respondents also said that 5G will benefit these areas the most in the next year:

• (56%) remote learning and education

• (54%) telemedicine, including remote surgery, health record transmissions

• (51%) entertainment, sports, and live event streaming

• (49%) personal and professional day-to-day communications

• (29%) transportation and traffic control

• (25%) manufacturing/assembly

• (23%) carbon footprint reduction and energy efficiency
  

A strong majority (95%) of global technologists agree that space satellites for remote mobile connectivity will be a game-changer in 2023 because they enable 5G device connections anywhere, 24/7, leapfrogging terrestrial infrastructure. Close to nine out of ten global technologists (88%) agree 6G will primarily be an evolving work in progress in 2023, but that in half a decade 6G will be standardized.

Cybersecurity Concerns Rise
The cybersecurity concerns most likely to be in technology leaders’ top three in 2023—which rose as compared to levels of concern in 2022—are issues related to:

• (51%) cloud vulnerability (up from 35% in 2022) 

• (46%) the mobile and hybrid workforce, including employees using their own devices (up from 39% in 2022)

• (43%) data center vulnerability (up from 27% in 2022)

About the Survey
"The Impact of Technology in 2023 and Beyond: an IEEE Global Study" surveyed 350 CIOs, CTOs, IT directors, and other technology leaders in the US, UK, China, India, and Brazil at organizations with more than 1,000 employees across multiple industry sectors including banking and financial services, consumer goods, education, electronics, engineering, energy, government, healthcare, insurance, retail, technology, and telecommunications. The surveys were conducted 14–16 September 2022. 

About IEEE
IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. Through its highly cited publications, conferences, technology standards, and professional and educational activities, IEEE is the trusted voice in a wide variety of areas ranging from aerospace systems, computers, and telecommunications to biomedical engineering, electric power, and consumer electronics. Learn more.