As 2015 is just started, many people are wondering what is the future of technology this year and years to come. The technology sector is changing so quickly that science fiction is turning into reality. A few years before, the Internet of Things (IoT) was considered to be a fairytale, but now it looks just a matter of time that IoT will be in our daily life. Many companies have already invested in IoT to secure their future.

The total spendings on information and communications technology (ICT) will grow in 2015 and it is expected that the overall growth of this sector will be around 4 percent. Similarly, we can also expect growth in mobile technology, cloud services, big data systems, and the Internet of Things (IoT) that will also boost the growth of businesses in this sector.

A combination of smartphones and tablets knew as Phablet is also expected to grow. More and more people are attracted to this device because it combines the qualities of a smartphone and tablet. Samsung's Galaxy Note series was the first commercially successful phablet device. It is expected that this year its sale will increase 100 percent as compared to last year. This will also increase the downloads of mobile apps to more than double by the end of this year.

Cloud services are also expected to grow and Amazon Web services (AWS) will continue to lead this field. Other companies such as Google, Facebook, and Microsoft are also expected to make their mark in cloud services as a competitor to Amazon. Cloud services will have a huge growth front and it is expected that over $100 billion will be spent on the cloud and big data services.

Internet of Things (IoT) has a bright future ahead and large companies are investing their capital in this future technology. It is expected that IoT will have total spending of up to $3 trillion by 2020 that is on track until now. This technology will create new business opportunities such as hosted devices companies that will combine cloud services and big data analytics to provide IoT services to consumers and end-users.

The growth in IoT, cloud services, and mobile technology all make sense, but there are other technical fields that may not grow rapidly such as wearable devices. Until or unless IoT services are used by the end-users, only then we can expect significant growth in wearable devices. Until then wearable devices would disappoint. But these are all expectations and only time will tell that what is just right in 2015 and after.