The technology sector has continued to grow and develop in 2023. While this past year has been a very exciting one for tech enthusiasts and investors, 2024 is also expected to have a major impact on the world. There are a variety of upcoming tech trends for 2024 that many people are excited about due to the potential it has to improve and disrupt various aspects of our lives.
Continued Growth of AI
During 2023, one of the largest trends and buzzwords in the field of tech and finance was the advancement or AI technology. While many people have been aware of the growth of AI for years, it seems to have reached a critical mass in 2023 and more people utilize it for personal and professional reasons than ever before. AI technology is going to continue to grow in usage and functionality in 2024. This includes more AI generated content, music, movies, and art as well as the use of AI technology for businesses.
While WiFi has been a common amenity in homes for well over a decade now, it does continue to improve and evolve. In 2024, many are looking forward to the development and implementation of WiFi 7, which is the latest evolution of WiFi. This will offer faster speed and bandwidth than any other WiFi on the market today. This will be a very helpful tool for avid online gamers or those that are looking for the crispest image when streaming a film or television show.
Another advancement that we are going to see in 2024 is continued growth of FinTech. Today, there are many innovations that are being used on Web3 and through the blockchain. This includes sending digital dollars via the blockchain and ensuring they get to a recipient quickly and efficiently. In 2024, many experts expect to see a continued growth in this technology as it will be more efficient, offer more services, and have more built-in protections to reduce the risks of scams and theft.
While tech has continued to be an exciting trend, one of the concerns that people have had is that some technologies require a lot of energy to use. Not only does this lead to higher energy bills for the company, but it is also bad for the environment. In 2024 there is an expectation that there will be further investment in green technology. This will include the development of new technology and also creating more efficient methods for existing technology, such as with crypto mining and blockchain.
Data and cyber attacks is a risk that all people and businesses need to take seriously. Unfortunately, many people and organizations have found themselves victimized by these crimes over the past few years. Because of this, there is a continued expectation that cyber security and resilience will continue to grow and evolve. This will lead to new services and technology that will become an expectation for organizations to invest in to protect data and other resources.
2024 is expected by many people to be another transformative year in technology. For those that are in the technology industry, there are a variety of top tech trends to look out for. These trends are expected to help improve various aspects of people's lives and continue to transform various traditional industries.