Top AI Trends to expect in 2022 – The Times of India Blog

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Co-Founder & CEO of Staqu
We live in an AI-driven world. Artificial intelligence (AI) has had a significant impact on the strengthening and transformation of industries all over the world. As we go deeper into a digitally altered society, artificial intelligence continues to be a potent transformation driver for global industries and businesses. During the predicted period from 2022 to 2030|$ 20.76 billion, the global market for artificial intelligence (AI) is expected to develop at a compound annual growth rate (CAGR) of 39.4 percent. AI, according to tech leaders, will be the most transformational technology humanity has ever created.
The disruption caused by AI in 2021 
In 2021, the globe awoke from a global pandemic that had never been seen before. This has resulted in the emergence of new forms of business issues. Companies have responded by developing new AI-powered products and solutions to address these issues. According to the Harvard Business Review, in 2021, 86 percent of respondents said AI was a “mainstream technology” at their company. Technologies such as video analytics, IoT, robotic process automation, natural language generation, virtual agents, and others have re-evaluated every area of company, from customer interaction to labour management to market entry.
Video analytics is one such technology that has enabled businesses to adapt and grow in the face of change by providing innovative solutions. AI powered CCTV surveillance has transformed every part of our lives, from personal and home safety to patient monitoring, motion tracking, facial recognition, retail analytics, and guaranteeing safety and security compliances. Retailers can use customer behaviour data to inform store layout and staffing needs. Video analytics has evolved from being merely about video surveillance to a more significant role in the world of artificial intelligence. They can allow or deny access to vehicles in their private parking garage using licence plate recognition, smart conveying & loading unloading time has evolved video analytics from being merely about video surveillance to a more significant role in the world of artificial intelligence.
AI trends to expect in 2022
With the rise of existence AI-powered trends, people wonder what will be the next big thing the world will see. Check a compiled  list of the most interesting AI trends to look out for in 2022.
ROI Driven AI implementation: In 2022, sectors will encourage collaboration between business and IT teams, which might aid organisations in determining the business results of AI deployments ahead of time and ensuring automated maintenance.
Video analytics- A new expanded introduction to the trend of video analytics will be offered in the year 2022. In terms of security and marketing, video analytics may assist every company. According to industry estimates, the global AI-based surveillance and security market will reach $4.46 billion (USD) in 2023, with nearly half of all countries already adopting AI cameras as a vision sensor in advanced AI vision systems. This will be a game-changing invention for businesses. This revolt is being led by ‘Staqu.’ This revolution is exemplified by JARVIS. With state-of-the-art facial recognition technology and intelligent monitoring of objects, crowds, perimeters, and vehicles, it has proven to be one of the best AI-powered adaptive Video Analytics solutions available. It is a one-stop solution for all safety, security, and analytics solutions.
The ‘As a Service’ business model: Organizations can tailor solutions more closely to their needs by using aaS models. With services often being supplied on a subscription basis, an aaS model can provide scalability and cost-effectiveness, decreasing the capital investment organizations must commit to and assisting them in moving to a more operating expense framework. In 2022, the global market for public cloud application services is expected to be worth several billion dollars. e.g Cloud-based recording can be enabled by applying aaS concepts to video surveillance, resulting in VSaaS. This eliminates the need for on-premise servers and allows businesses to quickly install solutions without having to worry about complicated and time-consuming network configurations. Many network and system procedures can be automated, and cameras and other devices can be centrally monitored.
Improved cybersecurity: Artificial intelligence (AI) is becoming more and more important in the field of information security. The cybersecurity industry for AI and machine learning is anticipated to reach US$38.2 billion by 2026. In the next five years, automated cybersecurity solutions could raise global revenue prospects by $5.2 trillion. AI will aid firms in improving their cloud migration strategy and maximising the value of big data technology.
AI in Metaverse: The next phase in AI adoption will be the creation of a digital ecosystem in which different programmes and websites can interact and collaborate. 2022 will be critical for unifying the digital world, with firms like Facebook trying to establish a unified digital experience for users.
A data fabric: A data fabric is a network of interconnected data products that are tied to business goals and KPIs and may be utilised to give critical insights throughout a company. This industry is expected to grow by more than 25% by 2025, according to MarketWatch, and will aid in enhancing the return on technology investments and cutting operational costs.
AI and ML with the Internet of Things (IoT): Artificial intelligence and machine learning are being used to make IoT devices and services smarter and more secure at an increasing rate. According to Gartner, AI and machine learning will be used in over 80% of IoT activities in enterprises by 2022.
AI leading hyperautomation: Hyperautomation will remain the driving force behind digital transformation in 2022, with the goal of streamlining processes to increase efficiency, accuracy, and productivity. For example, utilising video analytics, manual monitoring will be totally automated, resulting in cost savings, assessing staff productivity, and determining whether or not covid compliances are being followed. Various activities will also be automated, with AI being used to generate money.
Conclusion 
Artificial intelligence is transforming our lives due to its consistent trends in the market. Some trends evolve through time, while others remain innovative. These changes are a part of our existence, making life easier for us and future generations. When it comes to the year 2022, it is apparent that we will require more artificial intelligence-based devices to make our work more accessible and more efficient. There will be a surge of new technology in the market in the upcoming years, which will have a long-term impact on both individuals and enterprises. AI is the future, and businesses who invest in training for new technologies will thrive, gain a greater return on investment, and create new opportunities in society. 
 
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Views expressed above are the author’s own.
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