INTRODUCTION
As we know that one thing which is evolving at such a rapid pace is “Technology”. According to a Stunning number of technology predictions, the year 2024 is going to be the Biggest Technological Evolution year. So, are you ready for the first complete Artificial Human Brain, Moon mining and many other dazzling things coming up very next year?
In this blog, we are looking ahead and identify the 8 most technology trends for 2024.
1. Artificial Intelligence (AI)
AI already received a lot of attention in recent years and it continues to be in trend. From Smartphones app to Sci-Fi Movies Artificial Intelligence has deliberately encouraged people's attention. Nowadays, AI has invoked computers to mimic human intelligence, identifying images, patterns, speeches and decision making and moreover AI performs these tasks faster and accurate than humans.
Seven out of ten people in developed nations use AI services every day, including navigation apps (Google Maps or GPRS), smartphone personal assistants (Google Assistant and Apple Siri), riding-apps (Uber) and home personal assistants (Amazon Alexa, etc.). AI is also put in use to schedule public transport like Trains and Flights, predict Business Rick and many more other things.
Being in hot and trending topics AI is also a potential job loss. AI Pundits have predicted that by 2030 AI will eliminate more than 73 million jobs.
2. Machine Learning
While the exact figure for 2022 was around $8.81 billion, the ML market has grown exponentially since then. In 2024, the market is estimated to be well over $200 billion. This massive growth is fueled by increased adoption across industries and advancements in technology.
3. Robotic Process Automation
Although RPA will threaten the livelihood of 230 million or approximately 9 percent of the global workforce. But RPA is also creating new jobs. According to McKinsey, less than 5 percent of jobs can be automated and about 60 percent can be partially automated. Robotic Process Automation carries many career opportunities for IT professionals trying to understand technology trends, including developers, project managers, business analysts, solution architects, and consultants. According to SimplyHired.com the average salary for RPA is $73,861.
4. Virtual Reality (VR) And Augmented Reality (AR)
On the other hand, Augmented Reality is a technology where images, videos, sound, text, etc. are superimposed on the real world. So, the user is experiencing the real surrounding but with this technology, the current perception of the environment is enhanced. For example, games like Pokémon Go is the perfect example of AR. In the VR market, there are major industries like Google, Samsung, and Oculus, but on the other hand, plenty of other industries are forming which will create the demand for professionals with VR and AR skills.
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5. Blockchain
6. Cybersecurity
7. Internet Of Things
Many devices connected with each other through the internet and sharing information with each other simultaneously is the internet of things. Suppose, if you have Home Assistant “Google Home” is interconnected to other objects like Smartphone, Laptop, Bluetooth speaker or any other electronic items, on commanding the Home Assistant it will send information to your Smartphone or Laptop and your device will analyze the information and provide you the result you are looking for. So, the devices are interacting with each other without human interface.
As individuals, we’re using IoT in our daily life, but businesses also need IoT for enabling better safety, efficiency and decision making. The data is collected and analyzed. The future of IoT is bright and In an Article at IT Pro Today mention that we’ll need 200,000 more IT professionals.
8. Edge Computing
The worldwide edge computing market is projected to reach 350 billion U.S. dollars by 2027. Edge computing is the delivering of storage, computing, and network capabilities to the local points of a network, through which less latency, reduced cost, better performance and higher security at the edge are obtained.
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