High technology, or high tech, refers to technology that is at the cutting edge—the most advanced technology available. A widely used classification of high-tech manufacturing industries is provided by the OECD. It is based on the intensity of research and development activities within these industries in OECD countries, resulting in four distinct categories.
High tech trends:
- Digital transformation
The high-tech industry has been the most impacted by digital and technological innovation. Key digital technologies used in high tech: digital reality, blockchain, cognitive technologies, cloud and edge computing
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Energy efficiency
The impact of energy efficiency policies has been significant over the last few decades. Global energy efficiency improved by an average of 1.4% per year between 1990 and 2020, about 34% in total, according to data published by the IEA.
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Renewable energy
Renewable energy is sourced from naturally replenished resources, such as sunlight, wind, rain, tides, waves, and geothermal heat.
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3D metal printing
3D metal printing is becoming increasingly affordable and accessible, making it a potentially viable method for manufacturing parts. If widely adopted, it could revolutionize mass production.
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Smart spaces evolving into smart cities
One of the key goals of Smart Spaces is to base design, policy, and technology decisions on data collected from an extensive network of sensors. These sensors gather information on air quality, noise levels, and human activity to optimize urban planning and enhance city living.
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5G technology
5G technology is expected to be a major driver of wireless communication growth with the world’s largest telecommunications companies maintaining their rollout schedules to meet global implementation goals.
