The Biggest Technology Trends of 2024

The arrival of new technology trends in 2024 is set to transform the economical and financial landscape of modern countries. The digitalization and virtualization of our society will continue to grow at unexpected rates due to the global context that’s pushing for business models that are demanding an increasing input of innovations.

Many of the technology trends of 2024 are technologies that have been developing in the market for some years and who will achieve a maturity in terms of knowledge and distribution in the upcoming year. 

These are the technologies set for a truly transformative change in our societies.

Digitalization and technological innovation

Digitalization will take a step forward in the next year. Society was forced to fully adapt to digital environments due to lockdowns in the past year and so the rate of the digitalization of companies will accelerate even more in 2024 as the human race is fully embracing technology to perform all duties, from work, entertainment and even socializing.

One of the sectors that has the most benefited from the digitalization context is the gaming industry. From platforms such as Steam that offer a broad library of videogames, to the casino industry which now boasts sites that offer games such as online roulette for the Arabic market. Innovations have allowed developers to offer Arabic-speaking croupiers in a variety of game modes such as the American Roulette, the Multi-wheel Roulette or the Double Bonus Spin Roulette. Websites are adapted to PC as well as for mobile users.

5G Networks 

The growing digitalization will ask for a reliable connectivity and sufficient bandwidth that only 5G networks can offer. As work is shifting from company offices to our own homes, 5G will play a key role in ensuring the relocation of productivity.

5G performs at a high-speed rate of connectivity which allows data to travel longer distances in less than the blink of an eye. This will allow companies to boost changes in the manufacturing of goods by the automatization of processes thru wireless control of tools, machines, and robots. It is expected that by 2030, 80% of the world’s population will have access to 5G networks from the result of telecommunication companies that are working hard to make 5G affordable and accessible for a broader audience.

Sustainability technologies

Climate change has shifted to the center of world government issues in the past few years. The use of renewables are stronger and is growing at unprecedented rates as for example, there was an increase of 40% in the use of this type of energies between 2019 and 2020 in the world and the trend is expected to keep growing in 2024.

As companies are required to hit lower emission targets, all technologies involving wind, solar and tidal energies will become necessary in the short-term planning of businesses. New energies such as biofuels, liquid hydrogen and fusion energy will start to develop in order to continue the efforts to reduce the carbon footprint of our activities.

Artificial Intelligence

AI has proved to be one of the most transformative technologies of our days. The volume of data collected, and the advanced sophistication of machine learning algorithms are allowing artificial intelligence to make better predictions and provide better solutions to industries that adopt this technology.

The health care system will immensely benefit from AI to prevent infection spreads. Hospitals will be able to make predictions on future diseases in order to better prepare any contingency plan, but other technological advances such as Smart toilets will also be directed to improve health issues. Gastrointestinal diagnosis will be possible thanks to the analysis of stool samples retrieved from smart toilets.

Edge Computing

Almost every technology is an application of edge computing which uses several technologies mentioned previously such as artificial intelligence, 5G networks and others like mobile cloud systems of data storage.

Edge Computing means faster and more efficient computing which is the basis of any business model of our days. It’s expected that by the end of 2024, 70% of companies will use edge computing systems. This will lead to the implementation of high-performance processors in computers that will allow companies to take better action according to faster visualization of data and an improvement in cybersecurity processes that will lower down the costs and reduce complexity in firewall systems.