2016 tech trends: Outlook on futuristic and innovative smart technologies

With 2015 slowly tapering out and 2016 just around the corner, consumers are eagerly seeking to know what technological trends to expect in the coming year. The questions are myriad but the answers are few; the way out is to look back at current technological innovations and initiatives all aspects of technology which are then […]

With 2015 slowly tapering out and 2016 just around the corner, consumers are eagerly seeking to know what technological trends to expect in the coming year. The questions are myriad but the answers are few; the way out is to look back at current technological innovations and initiatives all aspects of technology which are then used to project what portends in the near future.
In the consumer electronics business, it is always better to be the trendsetter than the trend-follower. This is because often the first company to make a product popular or to take it into the mainstream can expect to reap the biggest benefits. Leading electronics brands are choosing to bring consumers up to speed with imminent technologies, their benefits as well as the significant difference they are expected to make in their day to day lives. One of such companies is LG Electronics with its advanced and far-out products.
As another year approaches, LG is again poised to impact the electronics industry on various fronts. Year after year, the company rolls out innovative updates on its most popular products and 2016 will see the debut of more exciting technology than ever before. However, in keeping with the company’s reputation for leadership, the company is also planning to showcase its innovation streak by bringing groundbreaking new products to the market. Long an iconoclast, LG has a history of setting trends, not following them and the company aims to disrupt the business-as-usual mindset that prevails in several key markets.
2016 will undoubtedly be an exciting year for the company, as it looks to integrate the various business areas where the company currently is a player. By uniting these disparate strands, LG aims to make the lives of consumers more modern, trendier and generally better.
In 2016 it will become very apparent that enriching the lives of consumers is the driving force behind the innovation that the company is constantly engaged in. With so many new products on the way and a renewed emphasis on maintaining the company’s status as a trendsetter, 2016 will prove to be a year where the company makes an even larger impact on quality of life worldwide.
Whenever new technologies or new formats of existing technologies hit the market, price tends to be the chief factor that determines whether the new product is relegated to novelty status or enters the mainstream. Now that it rivals LCD in price, OLED will undoubtedly be the format of the future. OLED displays are already superior to everything currently available, and now the technology will reach middle class consumers and proliferate at levels consistent with high-end TVs. As further advances are made, the price will continue to decline, maybe even next year we’ll be promoting OLED TVs that are available for under $1000.
In fact, by 2019 global shipments of HDR TVs are predicted to exceed 32 million, a clear indicator that the technology will have increasing appeal over the next few years. It is clear that as markets develop a taste for HDR on OLED TVs, the company will stand to benefit greatly as it is light years ahead of the competition when it comes to the infrastructure in place that’s necessary to meet this demand. TV is about to take an Armstrong-like giant leap in 2016.