COVID-19 Is Accelerating Technology Growth and Adoption

The coronavirus pandemic is accelerating some market trends that had already taken root before the outbreak. Ecommerce has been the most discussed, but technology trends will also accelerate as a result of the pandemic. The tech industry is already a major driver of economic growth both nationally and in tech hubs like San Diego, and this health crisis will only fuel more tech adoption and innovation.

“Tech is ubiquitous and has become a part of our daily life at work and at home. The tech sector has become a primary driver of economic growth in North America as well as in San Diego,” Jolanta Campion, research director for San Diego at Cushman & Wakefield, tells GlobeSt.com. “If anything, COVID-19 is accelerating the need for technology as we continue our lives while social distancing—of course, tech also remains instrumental in getting us through the pandemic.”