Last year, we made a list of future tech trends, of which more than half turned out to be true. After some more speculation and predictions, we have come up with some future trends that will completely engulf the market in 2024.
Start working on them now because they are going to be bigger than Artificial Intelligence. So, without wasting your time, here is the list of technologies for the future of business:
1. Cellular vehicle-to-everything technology (C-V2X) Top The List
Like 2023, 2024 would also be the top technology trend related to transportation. This would be about Cellular vehicle-to-everything technology (C-V2X).
The Internet inside a car can be considered a first step towards Cellular vehicle-to-everything technology (C-V2X) because both technologies involve connectivity and communication.
V2X technology utilizes sensors, cameras, and wireless connectivity to enable real-time information sharing between vehicles, drivers, pedestrians, and infrastructure, enhancing safety and efficiency.
C-V2X in 5G enhances communication range and reliability in dedicated ITS 5.9 GHz spectrum, independent of cellular networks, and traditional mobile broadband licensed spectrum. It includes vehicle-to-vehicle, vehicle-to-infrastructure, and vehicle-to-pedestrian V2V, V2I, and V2P.
How can blockchain technology be left behind when we are talking about the future of the digital world in 2024? It is going to make a big splash in the fields of finance, healthcare, supply chain management, and identity management.
Blockchain is a digital ledger. It is decentralized, distributed, and public. It records transactions across multiple computers. This is done without affecting subsequent blocks or network consensus.
Bitcoin is an example of Blockchain technology. The purchase and sale of Bitcoin are entered and transmitted to a network of powerful computers, known as nodes.
NFTs are the most widely traded digital assets in the coin industry, and their creators have always made a lot of money from them. The Merge is the most expensive non-fungible token (NFT) on the bitcoin market, with a value of $91 million.
NFTs are unique cryptographic tokens on a blockchain that cannot be replicated. India’s taxation on NFTs is 30% flat, with income from crypto asset sales or transfers.
4. Web 3.0
Combining Blockchain and NFT is another futuristic technology that is going to set trends in 2024. It is none other than Web 3.0.
Web 3.0 is a new era of the World Wide Web. It is characterized by values and technical applications.
Web 3.0 examples include ubiquity, decentralization, artificial intelligence, blockchain, connectivity, smart contracts, distributed computing, DAOs, AI, machine learning, and the Metaverse.
5. Computing power
Computing power refers to a computer’s ability to execute complex computations and data processing tasks.
As you know, 5G has already been launched in India.
6G is currently in development phases in many countries. What 6G intends to do is merge our digital world with the physical world. For the first time, 6G will allow smooth changes along the cyber-physical line, connecting the real world of feelings, actions, and experiences to its customizable digital equivalent. Examples of 6G use cases include e-health for everyone, precision health care, smart farming, earth tracking, digital twins, cobots, and robot guidance.
6. Smarter devices
Smarter devices have already been launched. As an example, you can see more voice-controlled IOT devices. Devices will become more intelligent and interconnected, enabling seamless integration and automation in various aspects of our lives.
But because you have to spend a lot to do this and also connect your whole house to the internet, the use case for this is very limited. This image is going to change completely in the next year.
7. Quantum computing
Quantum computing uses quantum mechanics laws to solve complex problems beyond those of classical computers. Quantum computing utilizes quantum theory principles in computer science.
As we have been telling you till now, this time computers will become even smarter. Along with this, the processing power of our computer is also going to increase so that it will be able to solve complex problems immediately.
8. Metaverse and Extended Reality (XR)
Extended Reality (XR) encompasses various technologies like Augmented Reality, Virtual Reality, and Mixed Reality, encompassing various immersive experiences.
Extended reality can also be considered a metaverse. XR enhances realism with higher-resolution displays, expansive fields of view, and advanced sensors and cameras.
The metaverse cannot replace face-to-face interaction. As, it lacks the fundamental connection, even in business settings.
9. Automation and Hyperautomation
Automation automates repetitive tasks. Hyperautomation promotes smart, accommodating tactics. It guides actions and improves overall situations. It offers guidance instead of repeating the same activities repeatedly.
A hyperautomation practice includes figuring out what work should be automated, choosing the right automation tools, increasing agility by reusing automated processes, and adding new types of AI and machine learning. A center of excellence (CoE), which serves as a focal point for all things related to automation, frequently overseas hyperautomation projects.
10. New convolutional neural network architectures:ConvNeXt
Because Transformers popped up out of nowhere in the field of computer vision, it is now much easier to pull out features from pictures and build long-range connections. Because of this, jobs like putting things into groups, finding objects, and dividing up pictures have gotten better.
As a result of the new ways of using “Vision Transformers” in mixed designs, different study groups have come up with new layouts that change how convolutional neural networks are usually used. For example, think about the new network that the Facebook report suggested: ConvNext is a future-built convolutional neural network that beat the “Vision Transformers” plans on the ImageNet Benchmark.
11. Generative AI
Generative AI is a system that uses large amounts of trained data to create new outputs. These models make predictions by referring back to the data they’ve been trained on.
These include graphics for movies and video games, audio for music and podcasts, and virtual storytelling and virtual reality experiences.
Datafication is crucial as it aids in comprehending customer requirements, identifying trends, predicting outcomes, and optimizing processes through the use of data. The future of datafication is uncertain, but it has the potential to significantly alter the way companies make decisions and develop strategies in the current business landscape.
13. Distributed Infrastructure
Distributed infrastructure connects energy, water, and communications globally using data analytics for asset management, ensuring resilience and reliability.
14. Wearable AR Glasses
Smart glasses offer an immersive experience, allowing users to explore new worlds and play games, while AR glasses provide a device that integrates with everyday life, making them a better choice for those seeking a device that offers a more seamless integration with their daily life.
15. Super-strong Robots
You must have seen many such movies till now which make robots look much stronger than humans. But in reality, such super strong robots are still very few. But if we talk about 2024, then the number of such robots is going to increase a lot.
16. Mind-blowing Prosthetics
According to research, new, intuitive prosthetic systems can utilize the brain, nerves, or muscle tissue to enable amputees to think about moving their hand, allowing the prosthesis to respond accordingly. For example, intelligent prosthesis is a bionic lower limb control system that uses advanced control systems and artificial intelligence algorithms to minimize gait limitations for above-knee amputees, facilitating their reintegration into society.
17. Martian Adventures
It is expected that exploring and living on Mars will become more important over the next few years.
Here are the reasons why:
Scientific Exploration: Mars is a valuable place for scientific exploration, as it can be reached in 6 ½ months, has been mapped and studied for several decades, and represents the first step in a long-term effort to bring Martian samples back to Earth, where they can be analyzed for residues of microbial life.
Understanding the surface and the planet’s evolution, and preparing for future human exploration are also important reasons for exploring Mars.
The blogger has been involved in helping people since the beginning. Our aim is to reach the right people with the right information. Before we started writing about future technology trends, we tried to base our research on speculation and predictions.
Continue Reading, Top 10 Future Technology Trends In 2023
In 2024, advanced AI applications and algorithms will perform complex tasks with human-like accuracy.
In 2024, 5G technology’s rapid download and upload speeds will drive AI advancements, enhancing internet trends and enabling faster and more efficient communication.
In 2025, advanced robotics will revolutionize product and service delivery with advancements in artificial intelligence, machine vision, sensors, motors, hydraulics, and materials.
Trending technology for the next decade includes machine vision, language processing, speech and gesture recognition, pattern recognition, real-time AI, embedded AI, AIOps, and MLOps.
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