As technology advances, we get more fascinated with projecting its future course. We’ll examine 2024 tech trends in this post, which will influence the tech scene in the upcoming year and beyond.
Top 8 Tech Trends in 2024
- Generative-AI
In 2024, generative artificial intelligence (AI) will be one of the hottest tech trends. According to a PwC analysis, artificial intelligence might boost the world economy by $15.7 trillion by 2030, which will primarily come from generative technologies.
According to Gartner, conversational AI will become much more common in enterprise applications. 40% of these are expected to adopt this technology by 2024, up from less than 5% in 2020. This expansion provides more proof of the influence generative AI will have in the upcoming years.
With its strength and versatility, generative AI opens countless possibilities. In 2024, you can explore the following tools to fully utilize its power:
- OpenAI’s GPT-3: a language model that produces text that closely resembles human speech.
- RunwayML: a cutting-edge, machine learning-powered toolkit for imaginative and creative minds.
- io: uses advanced neural network technology to transform images into breathtaking works of art.
- Computing Power
With practically every appliance and device in the digital age being computerized, computing power has already cemented its place. And it’s here to stay since data science specialists have predicted that in the years to come, the computing infrastructure we are currently developing will only get better.
While we currently have 5G, get ready for a world of 6G, where we will have more power in our hands and be surrounded by technology. Even better, the industry is seeing increased tech jobs due to computing capacity.
- Extended Reality
Virtual reality, augmented reality, mixed reality, and all such technologies that mimic reality are collectively referred to as extended reality. We all yearn to escape the perceived actual bounds of the world, which makes it a huge tech trend now.
This technology, which creates a reality without any physical presence, is extremely popular when it comes to gamers, medical professionals, retail, and modeling industries.
- 3D Printing
Using 3D printing to create prototypes is a breakthrough in technology and innovation.
This technique has had an impact on both the industrial and biomedical fields. It’s used especially in organizations in the data and healthcare sectors that need a lot of 3D printing for their goods.
- Robotic Process Automation (RPA)
Robotic Process Automation (RPA) is a technology that automates tasks, much like AI and machine learning. It uses software to automate business activities, including handling data, processing transactions, reading applications, and even responding to emails. RPA automates human labor-intensive repetitive tasks.
- Green Tech & Sustainability
As environmental awareness grows, we can expect a greater adoption of Green Tech in 2024. According to Statista, investments in green technology in the US will increase from $40.6 billion in 2019 to $83.4 billion in 2024.
This is supported by the fact that 75% of consumers prefer to purchase products from businesses that combat climate change. These initiatives not only build consumer loyalty but also improve brand image.
- Edge Computing
Cloud computing is becoming more and more popular as more companies move to cloud-based solutions. However, it’s no longer the newest trend in IT – it’s edge.
Organizations are becoming more and more aware of the limitations of cloud computing as the amount of data they manage grows. By avoiding the latency brought on by cloud computing and sending data directly to a data center for processing, edge computing is intended to assist in resolving some of those issues. It can be found “on the edge,” so to speak, nearer to the location where computing is required.
Because of this, time-sensitive data can be processed via edge computing in isolated areas with limited or nonexistent access to a central site. In those circumstances, edge computing can function like miniature data centers.
- Cybersecurity
Given that it has been around for a while, cyber security may not seem like a new trend, but it’s still developing along with other technologies. This is partially due to the ever-evolving nature of threats. Malevolent hackers attempting to obtain data illegally won’t give up easily, and they will keep finding methods around the most robust security systems.
In 2021, the average cost of a cybercrime event was $13 million. By 2024, experts estimate that this cost will rise by 15%, emphasizing the importance of implementing strong cybersecurity measures.
Because cybersecurity will always be advancing to ward off hackers, it will continue to be a hot topic in technology.
Conclusion
The year 2024 promises to be an incredible time for technology enthusiasts. With the rapid advancement of AI, extended reality, and sustainable innovations, we are on the precipice of a transformative era.
It’s essential to stay informed and embrace advancements with an open mind. If you need tech expertise to navigate these trends, contact us today and make the most of the tech landscape in 2024!
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