8 Top Business Trends For 2022

8 Top Business Trends For 2022

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1. Artificial intelligence is here to stay

In 2022, we will see the application of artificial intelligence nearly everywhere. As we go deeper into a digitally altered society, AI will continue to be a massive transformation driver for global industries and businesses. Research shows that the global AI market can reach up to a $190 billion market valuation in 

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1. Artificial intelligence is here to stay

2025. Additionally, in 2022, companies are expected to run on average around 35 AI projects in their operations.

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2. The metaverse will begin to take hold

The metaverse is a new virtual world (mainly accessed with a VR headset), and it will provide access to all kinds of entertainment and projects, including the opportunity to work. As the metaverse ecosystem grows in 2022, expect it to have a direct impact on the future of many technology sectors, and business in general.  

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3. The blockchain will become more widely utilized for business

The blockchain enables companies to track a transaction and do business with unverified parties, even without the assistance of financial institutions With the new rise of NFTs and the metaverse, the blockchain will become a more important component of business in 2022.

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3. The blockchain will become more widely utilized for business

Businesses might want to start studying blockchain technology, not only because it’s safer, but also because it is expected to generate significant business opportunities.

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4. Internet security and privacy will become more important

As the world becomes more digitized, there’s been an increased number of personal and organizational cyberattacks around the world. Several corporations have been the target of major cyberattacks in recent days, and businesses have become more vulnerable to destructive attacks (in part due to the uptick in remote work).

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4. Internet security and privacy will become more important

Applying AI will make robust cybersecurity protocols easier and less expensive, and can enable cybersecurity to spot risks, which will only become more essential in the years to come.

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5. Renewable energy is the best way for businesses to be sustainable

Climate change is driving rapid growth in sustainable energy adoption.  According to the International Energy Agency, 40% more green energy was generated and used in 2020; the agency expects continued growth in 2022.   The falling cost of generating sustainable energy helps ensure that mass adoption is likely in future.  

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5. Renewable energy is the best way for businesses to be sustainable

It’s predicted that there will be a massive growth in the production and usage of solar and wind technology, and businesses should take into account how much energy and resources their business models use. In 2022, archaic business practices will have to change.

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6. Social media’s influence in business will rise

The importance of social media in business marketing and e-commerce plans will likely continue to increase in the years to come. Finaria reported that spending on social media ads would hit $105 billion in 2021 – a 15% increase since 2020. Over the last three years, spending on social media ads has jumped nearly 70%.

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6. Social media’s influence in business will rise

The power of social media for business is no joke: In 2020, TikTok took in around $1 billion in revenue; most of this came from selling ads on the platform.

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7. Entrepreneurship is on the rise

Millions of people were laid-off or let go from their jobs during the pandemic, and the data shows that many of them became entrepreneurs. In 2020, there were 4.5 million new business applications – up 24% from 2019. In one survey, data showed that 62% of Gen Zers and 50% of millennials are planning to start a business.

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8. Flexible job websites gain popularity 

Job seekers are seeing more favorable conditions as the pandemic progresses, and one-click job sites like LinkedIn and ZipRecruiter have made it incredibly easy to apply to jobs with minimal effort.   The market for flexible jobs of all kinds is on the upswing, and so are resources available to workers (or soon-to-be) looking to find more flexibility and   

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8. Flexible job websites gain popularity 

improve their work-life balance – whether as a full-time, part-time or working as a freelancer.   The best part about these platforms is that they are also beneficial to businesses who – on the other hand – are looking for highly qualified talent or just need a temporary freelancer for a specific project or campaign. 

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