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Routine Diary readers understand that tech isn't our usual beat. Our colleague Jeff Brown will be familiar to our long time readers.
In reality, he had several triple-digit returns in his Brownstone Research study portfolios in 2015. Here's what Jeff thinks the tech sector will bring us in 2021 Each year, I like to take a look at the huge picture and forecast what's simply around the corner. Long time readers of my work know that I follow the most interesting tech patterns on the verge of mass adoption.
These patterns are experiencing rapid development and creating amazing chances for investors. I wish to make sure all our readers are gotten ready for what's next. And with that in mind, let me draw the image of what I see coming in the next 12 months 1. 5G Gadgets Our new 5G (fifth-generation) wireless networks are a topic I have actually been covering for years now.
Even though the COVID-19 pandemic interrupted supply chains last year, an excellent 250 million 5G-enabled gadgets were still sold. Especially in the 2nd quarter, there were supply chain disruptions, making hold-ups, and work blockages. And all of this ultimately resulted in Apple postponing the release of the 5G-enabled i, Phone 12 by two months.
When you think about all of that, selling 250 million units is amazing. More notably, the hold-ups triggered by the pandemic developed a lots of suppressed demand. Which need is now going to be pushed into 2021. In truth, I predict that more than 500 million 5G gadgets will be shipped in 2021.
Stage Three of 5G When I've talked about 5G in the past, I have actually explained its three various phases. In Phase One, the facilities of these new networks is developed out, consisting of all the brand-new towers and fiber-optic wiring that 5G will require. In Stage 2, 5G gadgets go on sale.
And in Stage Three, 5G services begin to be offered. That's when we begin to see applications running on 5G networks. And my 2nd 5G forecast for 2021 is that we will start Phase 3 by this summer.
More and more consumers will go out to purchase a 5G phone to gain access to these applications. 5G is going to open up a suite of unbelievable applications: self-driving cars and trucks, the Internet of Things, robotic surgical treatment, and more.
The financial investment chances moving forward will be huge. 3. CRISPR Genetic Editing Stepping far from 5G, the next important innovation I predict in 2021 is CRISPR genetic editing. CRISPR stands for "clustered routinely interspaced brief palindromic repeat." It's a mouthful. However it is among the most exciting advancements in biotechnology.