After a yr of startling development, the tech trade faces a extra vexing 2021.
The pandemic helped deliver the world’s tech giants resembling Amazon.com Inc. and Microsoft Corp. to new heights in 2020. The shift to on-line procuring and distant working accelerated at a tempo that will have been inconceivable with out the coronavirus.
However there are indicators the great instances might finish quickly. Late final yr, governments within the U.S., China and Europe individually started investigating whether or not Huge Tech is simply too huge. The scrutiny in Washington is predicted to proceed below a Biden administration, which additionally seems inclined to proceed the Trump administration’s export restrictions towards Chinese language corporations which might be reshuffling international provide chains.
Whereas Huge Tech faces maybe its largest problem in years, some sectors can sit up for 2021. The world of electrical autos might lastly arrive. President-elect Joe Biden guarantees to make cybersecurity a precedence. And Washington will begin doling out monetary incentives to assist U.S. corporations keep forward of Chinese language rivals.
Listed here are among the tech trade’s most vital themes this yr.