7 Facts About Technology Use in the Emerging World

As technology continues to advance, the importance of technology in the emerging world cannot be overstated. It is playing an increasingly important role in driving economic growth, improving access to essential services, and promoting innovation.

This article aims to highlight 10 important facts about technology use in the emerging world, covering a range of topics from mobile phone usage and ecommerce to the impact of artificial intelligence and the importance of cybersecurity.

By understanding these key trends and developments, readers can gain a better understanding of how technology is transforming the emerging world and the opportunities and challenges that come with this transformation.

1. Smartphones are ubiquitous

In today's emerging world, people use smartphones more than any other form of technology. In 2023, the number of smartphone users is 6.92 Billion, which converts to 86.34% of the world's population owning a smartphone. The versatility, connectivity, affordability, status symbol, and app ecosystem have all contributed to the ubiquity of smartphones around the world.

2. AI is considered the future

Artificial Intelligence (AI) is one of the rapidly evolving fields of technology that holds the potential to alter the way we live and work. AI refers to the potential of machines to learn, reason, and make decisions like humans. As AI technology advances, it is increasingly being used in many sectors of industries, from healthcare and finance to transportation and manufacturing. By the year 2030, AI is expected to contribute $15.7 trillion to the economy.

3. Google processes over 8.5 billion searches per day

Google is one of the largest and most popular search engines in the world, with a market share of over 92%. To put this number into perspective, 8.5 billion searches per day equates to over 3 trillion searches per year. This means that Google is processing an enormous amount of data and helping people around the world find the information they need to make informed decisions, learn new things, and stay up-to-date on current events.

4. The global virtual assistant market is growing

Virtual assistants are computer programs or applications that use artificial intelligence (AI) and natural language processing (NLP) to interact with users and perform tasks. With the increasing use of smartphones, smart speakers, and other connected devices, there is a growing demand for virtual assistants, and the market is forecasted to continue to grow in the coming years. Advances in AI and NLP technology have made virtual assistants more sophisticated and capable of performing complex tasks.

5. The number of social media users worldwide is projected to increase

Social media platforms are gradually being used for a variety of purposes, including socializing, entertainment, news, and even ecommerce. As social media continues to expand its range of uses and become more integrated into people's daily lives, the number of users is likely to increase as well. 

It is the increasing global connectivity, the popularity of mobile devices, the constant evolution of social media platforms, and their expanding range of uses are all contributing to the projected increase in the number of social media users worldwide.

6. Advanced robotics technology is shaping the future

Advanced robotics technology refers to the development of sophisticated robots that can perform tasks that were previously thought to be too difficult or dangerous for humans. This technology is rapidly evolving and has the potential to transform many industries, including manufacturing, healthcare, transportation, and agriculture. Allowing automation, precision, safety, exploration and accuracy, it is improving people's lives in countless ways.

7. Mobile payments are becoming increasingly common

Mobile payments have become increasingly common in the emerging world, especially in areas where traditional banking services are limited. Mobile payments have many benefits, including convenience, speed, and security. It has gained vast popularity in recent years, allowing people to send and receive money, pay bills, and purchase goods and services using their mobile phones.

In conclusion, technology use in the emerging world has been growing significantly in recent years, driven by the widespread adoption of mobile phones and increasing access to the internet. This has led to the proliferation of mobile payment services, social media platforms, and ecommerce, among other technological innovations.