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Regular Journal readers know that tech isn't our normal beat. Our coworker Jeff Brown will be familiar to our long time readers.
In reality, he had a number of triple-digit returns in his Brownstone Research study portfolios in 2015. Here's what Jeff believes the tech sector will bring us in 2021 Each year, I like to take an appearance at the huge image and forecast what's simply around the corner. Long time readers of my work understand that I follow the most interesting tech trends on the verge of mass adoption.
These patterns are experiencing exponential growth and producing unbelievable opportunities for financiers. 5G Gadgets Our brand-new 5G (fifth-generation) cordless networks are a subject I have actually been covering for years now.
Even though the COVID-19 pandemic disrupted supply chains in 2015, an impressive 250 million 5G-enabled devices were still sold. Especially in the 2nd quarter, there were supply chain disturbances, making delays, and work blockages. And all of this eventually led to Apple postponing the release of the 5G-enabled i, Phone 12 by two months.
When you think about all of that, offering 250 million units is remarkable. More notably, the hold-ups triggered by the pandemic developed a lots of suppressed demand. And that need is now going to be pressed into 2021. In fact, I forecast that more than 500 million 5G gadgets will be shipped in 2021.
Phase Three of 5G When I've spoken about 5G in the past, I've described its 3 various stages. In Phase One, the facilities of these brand-new networks is constructed out, including all the new towers and fiber-optic electrical wiring that 5G will need. In Phase 2, 5G gadgets go on sale.
And in Phase Three, 5G services begin to be provided. That's when we start to see applications running on 5G networks. And my 2nd 5G prediction for 2021 is that we will start Stage 3 by this summer.
However they will care if there are exciting applications that can just be accessed with a 5G phone. So a growing number of customers will go out to purchase a 5G phone to gain access to these applications. That results in more 5G apps being developed. In truth, 5G is going to open a suite of incredible applications: self-driving cars and trucks, the Web of Things, robotic surgical treatment, and more.
The investment chances going forward will be massive. CRISPR Genetic Modifying Stepping away from 5G, the next essential technology I foresee in 2021 is CRISPR genetic editing. It's one of the most interesting advancements in biotechnology.