New year, new tech. The rise of technology in our daily lives and across multiple industries heralds a wave of innovations anticipated for 2024.

Did we make this up? How did we come up with this list?

No, we did not make up this list. We created a comprehensive record of new technology trends for 2024 using multiple sources. These sources include Gartner, Deloitte, Forbes, Inc., and more.

After compiling the information, we calculated the scores or Glammer Points. This score is an average calculated by the sum of the rankings for a technology trend across every source, divided by the total number of sources. Since this score reflects how commonly a trend appeared across our sources, a higher average score depicts a more commonly known technology trend for 2024.

10. Internet of Things (IoT)

Glammer Points: 4.0

Internet of Things (IoT) refers to a network of devices and technology with embedded sensors, software, and network connectivity that can collect and share data. IoT allows these devices to communicate with other internet-enabled devices, like smartphones, creating a network of interconnected devices. For instance, IoT technologies rising in 2024 include 5G connectivity, blockchain, and digital twins (virtual models of any object or system).  

“The number of IoT devices worldwide is expected to rise from 9.7 billion in 2020 to more than 29 billion by 2030, and researchers are predicting that China is expected to have the highest number of IoT devices by 2030.”

— Forbes

9. Datafication

Glammer Points: 4.0

Datafication, transforming aspects of life into data that can be quantified and analyzed, proves invaluable to businesses for decision making and strategy. Companies can employ datafication to enhance their products, understand their target consumer, and learn where to expand their business.

8. Biotechnology and Genetic Engineering

Glammer Points: 4.0

Biotechnology and genetic engineering can drastically improve human health and save lives. Some areas expected to grow in this area include personalized medicine, gene editing and CRISPR diagnostics, big data, stem cell technology, drug research, tissue engineering, and bioprinting.

7. Platform Engineering

Glammer Points: 4.0

Platform engineering refers to building Internal Developer Platforms, toolchains, and workflows that make the creation and operation of software applications easier. This technology, evolving within modern cloud-native infrastructure, provides self-service tools. By 2024, platform engineering will most likely enhance the developer experience and accelerate product team delivery.

“By 2026, 80% of large software engineering organizations will establish platform engineering teams as internal providers of reusable services, components and tools for application delivery.”

— Gartner

6. Cybersecurity

Glammer Points: 6.0

Cybersecurity is the process of protecting systems, networks, and programs from digital attacks. In 2024, cybersecurity may witness an influx in AI-powered attacks and security tools, ransomware attacks, DevSecOps (development, security, and operations) innovation, and adoption of Zero Trust frameworks (requiring verification from everyone, no matter location or device).

5. Spatial Computing (AR and VR)

Glammer Points: 6.0

Spatial computing refers to a computer-generated environment that can be explored or interacted with. Augmented Reality (AR) and Virtual Reality (VR) companies, such as Oculus Rift, started growing in popularity over the past few years in the gaming, healthcare, and education sectors. In the near future, the technology is projected to become mainstream.

4. Quantum Computing

Glammer Points: 6.0

Anticipated to deliver significant economic advantages in automotive, finance, life sciences, and chemicals, quantum computing has attracted increased investments. The technology can address complex challenges in financial modeling, drug discovery, cryptography, route optimization, genome sequencing, forecasting, and cybersecurity. By swiftly handling massive datasets and performing high-speed computations, quantum computing can provide remarkable value across industries.

“…the four industries likely to see the earliest economic impact from quantum computing—automotive, chemicals, financial services, and life sciences—stand to potentially gain up to $1.3 trillion in value by 2035.”

— McKinsey & Company

3. Automation (Services and Devices)

Glammer Points: 6.0

In 2024, automation will reduce costs and time wastage. For example, automation will improve efficiency through predictive maintenance, real-time monitoring, interconnected shop floors, automated inventory control, real-time data analysis for logistics optimization, and demand forecasting with AI algorithms. Also, 2024 may see a rise in devices like autonomous cars and delivery drones.

2. Sustainable Technology

Glammer Points: 7.0

Sustainable technology aims to reduce environmental risks and create greener products. 2024 may observe an increase in clean energy, supercharged solar cells, and CO2 absorption. According to Harvard Business Review, saving the Earth from an ecological disaster is a $12 trillion opportunity.

1. Machine Learning and AI (Including Generative AI)

Glammer Points: 10.0

With the explosion of AI-driven applications and software within the last few years, such as Chat GPT, machine learning and AI take first place on our list. According to Gartner, a top technological research and consulting firm, AI will generate 10 percent of all data by 2025. From healthcare to transportation to finance, almost every industry utilizes AI.

“By 2026, generative AI will significantly alter 70% of the design and development effort for new web applications and mobile apps.”

— Gartner

The table below, Top 20 Technology Trends, depicts the top trends from highest to lowest points (most to least represented).

Top 20 Technology Trends

Ranking   Technology
Trend
Average Glammer Points
1Machine Learning & AI (Including Generative AI)10
2Sustainable Technology7
3Automation (Services and Devices)6
4Quantum Computing6
5Spatial Computing (VR and AR)6
6Cybersecurity6
7Platform Engineering4
8Biotechnology and Genetic Engineering4
9Datafication4
10Internet of Things4
11Machine Customers3
12Blockchain Technology3
13Synthetic Media3
14DevEx2
15Cloud2
16Web 3.0 and Metaverse2
17Augmented-Connected Workforce1
18API Driven Customization1
19Intelligent Applications1
205G and 6G Network Technology Development1

Featured Image: Angela Weiss, Getty Images

One response to “Biggest Technology Trends To Watch In 2024”

  1. Informative article

    Like

Leave a comment

Trending