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Australian Tech Trends to Watch Out For in 2023 and Beyond

The Australian tech scene is shifting quicker than ever before, and we’re at the forefront of exciting change. Take a look at just some of the top trends shaping our digital landscape in 2023 – and beyond…

Australia is well on track to be a global digital leader and a key player in digital innovation and transformation. Government research shows that digitally-engaged businesses are, on average, earning 60% more per employee, and growing 28% faster than those who aren’t. It’s not surprising, therefore, to see everyone from large companies to small startups jumping on the tech bandwagon.

Australia is becoming more and more prominent in the digital economy, and playing a more important role than ever in developing a connected, digitally-enabled world. The landscape is changing rapidly, right before our eyes. So just what are some big changes that are happening?

Let’s take a look at the hottest emerging tech trends to watch out for, this year, and beyond…

Artificial intelligence & machine learning

Interest in – and demand for – artificial intelligence (AI) systems across Australia is growing. Experts predict that businesses could be investing $3.6 billion in the technology by 2025; that’s 24% growth since 2020. While the nation has been slow to embrace AI and machine learning compared to other countries, it appears more businesses are keen to automate and streamline their processes. 

Internet of Things 

Spending on connected technologies driven by the Internet of Things, or IoT, is expected to reach $24 billion across Australia and New Zealand by 2026. A huge number of industries, from manufacturing and utilities to transport and professional services, are beginning to embrace IoT in earnest. Reports show that Australia has one of the highest IoT adoption rates in the world, standing at 96%. 

5G mobile technology

Australia has been at the forefront of 5G technology for some time, and now ranks third in the world in terms of 5G connected devices per capita. And with 5G Advanced set to be rolled out in 2025, it’s definitely a hot topic. Offering a more energy-efficient network and even greater availability, 5G and 5G Advanced promise to revolutionise connectivity in Australia’s more rural areas. 

Virtual, augmented, and mixed reality 

Are Australians ready to create their own simulations? Absolutely. Reports show that well over half – 64% to be exact – of Australian businesses are planning to invest in virtual reality (VR), augmented reality (AR), or mixed reality (XR) during 2023. The opportunities in everything from retail to healthcare, to training and more, are almost unlimited. 

Automation at scale

Automation has now been around for a while, with businesses using AI-powered software to carry out low-level tasks without human input. It’s saving time, and freeing up valuable resources. But as we all become more comfortable with this sort of automation, we expect to see Australia leading the way in terms of automation at scale, extending the capabilities even further. 

At Perigon One, we’re excited to see what’s in store for us over the next few years. We’re proud to be playing a role in helping businesses like yours embrace the latest technologies that can help them thrive in the digital world. To find out more about what we do, get in touch with our team!