Top Digital Trends for 2024

Cross IndustriesTop Digital Trends for 2024 Updated Research Available

Technological Convergence will Drive Transformational Growth in 2024

RELEASE DATE
04-Apr-2024
REGION
Global
Deliverable Type
Megatrends
Research Code: PFBD-01-00-00-00
SKU: CI_2024_638
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$4,950.00
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SKU
CI_2024_638

Top Digital Trends for 2024
Published on: 04-Apr-2024 | SKU: CI_2024_638

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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?

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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

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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.--BEGIN PROMO--

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?
More Information
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