Top Digital Trends for 2024
Technological Convergence will Drive Transformational Growth in 2024
04-Apr-2024
Global
Megatrends
Frost & Sullivan anticipates 2024 to be a year of convergence of novelty and necessity, with a paradigm shift to the mainstream adoption of artificial intelligence (AI). The retail experience will be completely transformed by social commerce and metaverse developments, which will drive eCommerce. In addition, a more individualized and decentralized digital ecosystem is becoming possible with the implementation of Web 3.0.
Prescriptive analytics and behavioral digital intelligence will enable advanced data analytics for businesses, while AI-powered cyber resilience will prove to be a critical instrument to safeguard digital assets and expedite decision-making while traversing unprecedented challenges. In terms of sustainability, carbon accounting will see strong adoption as a data source for the transparency movement that guides value-based purchasing. It will drive tangible accountability that will ultimately be seen as a source of awareness for conscious investors.
In battery technology, Frost & Sullivan anticipates the development of new chemistries that will be cheaper, denser, lighter, and offer better thermal stability than lithium-ion batteries.
One of the major challenges in adopting digital trends is data privacy and security risks leading to a lack of user trust. Businesses can establish ethical data-sourcing approaches and enforce and promote regulations by offering relevant training programs for operators.
Key Issues Addressed
- What are the top digital trends in 2024?
- Which technologies will impact businesses in 2024?
- What are the most significant challenges?
- What steps should industry participants take to mitigate these challenges?
- What is the trend impact in 2024?
- What are the growth opportunities in this industry?
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
Our Megatrend Universe—Overview
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
Key Findings (continued)
Methodology
Top Digital Trends for 2024
Trend 1—Increasing Adoption of Generative AI
Trend 2—Expansion of Social Commerce
Trend 3—Integration of Carbon Accounting Software
Trend 4—Surge in Hyperautomation
Trend 5—Immersive eCommerce
Trend 6—Rise of Behavioral Digital Intelligence
Trend 7—Implementation of Web 3.0
Trend 8—AI-enabled Cyber Resilience
Trend 9—New Battery Technology Development
Trend 10—Prescriptive Analytics
Your Next Steps
Why Frost, Why Now?
Legal Disclaimer
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Key Issues Addressed
- What are the top digital trends in 2024?
- Which technologies will impact businesses in 2024?
- What are the most significant challenges?
- What steps should industry participants take to mitigate these challenges?
- What is the trend impact in 2024?
- What are the growth opportunities in this industry?
Deliverable Type | Megatrends |
---|---|
Author | Sukriti Mahna |
Industries | Cross Industries |
No Index | No |
Is Prebook | No |
Keyword 1 | Top Technology Trends |
Keyword 2 | Ai In Retail Industry |
Keyword 3 | Technology Industry Trends |
Podcast | No |
WIP Number | PFBD-01-00-00-00 |