Future Tech Unveiled: 20 Must-Know Trends for 2024 & 2025
As we look towards 2024 and 2025, the technology landscape is set to undergo significant transformations. From advancements in artificial intelligence to the rise of quantum computing, these changes promise to redefine industries and reshape our daily lives. This article delves into 20 must-know trends that are poised to lead the charge in this tech revolution.
Key Takeaways
- Artificial Intelligence will continue to revolutionize various sectors including healthcare, education, and finance.
- Quantum Computing is expected to make significant strides, offering unprecedented computational power.
- Robotics will become more integrated into everyday life, enhancing productivity and efficiency.
- Cybersecurity remains a critical focus as digital threats evolve and become more sophisticated.
- Digital Identity and Biometrics will play a crucial role in enhancing security and personalizing user experiences.
1. Artificial Intelligence
Artificial intelligence is a broad field, which refers to the use of technologies to build machines and computers that have the ability to mimic cognitive functions associated with human intelligence, such as being able to see, understand, and respond to spoken or written language, analyze data, make recommendations, and more.
Human-like AI
By 2030, there will be exponential improvements of computer processing power, voice recognition, image recognition, deep learning and other software algorithms. Likewise, natural language processing technologies like GPT-3 are constantly being updated and surpassed.
AI Personal Assistants and Chatbots
Nowadays, devices used in the PropTech industry produce large amounts of data. Using this data, AI can generate analysis to provide information on current trends, risk assessment, and a better understanding of the client’s needs.
AI in Search Engines
While AI already works behind the scenes, we are bound to see more search engines incorporating more user-facing AI features. GenAI trendwatchers suggest that modalities like image and audio will become more impactful than text—such as the creation of molecular structures, visual AI models, interactive voice response (IVR) in local languages, and so on.
The AI market is expanding at a CAGR of 38.1% between 2022 to 2030. By 2025, as many as 97 million people will work in the AI space.
2. Quantum Computing
Quantum Computing has long been the stuff of science fiction, and in the coming years, it is going to be a reality. This emerging technology has the potential of evolving computing power, enabling us to solve more sophisticated questions at a previously unimaginable speed and scale. Fast forward to 2024 and the world is finally close to achieving real-world applications for this type of computing.
What is Quantum Computing?
Quantum computing is a multidisciplinary field comprising aspects of computer science, physics, and mathematics that utilizes quantum mechanics to solve complex problems faster than classical computers. The field of quantum computing includes hardware research and application development.
The Role of Qubits
Traditional computers we know today operate on binary code (either 0 or 1). Quantum computers use qubits, which allows a piece of data to exist in two states at the same time (both 0 and 1). All of this technology boils down to an increased speed of computation.
Market Growth
According to Fortune Business Insights, the quantum computing market is projected to grow from $928.8 million in 2023 to $6.5 billion by 2030, with a CAGR of 32.1 percent during the forecast period.
Applications
Quantum Computing will dominate large-scaled computing in the coming decade. It will find applications in compute-heavy areas such as artificial intelligence, cloud computing, cryptography, big data, genome sequencing, meteorology, material science, optimisation of complex systems, and financial modelling.
Complex calculations done by today’s computers might take millions of years, but they can be solved in minutes with quantum computing.
3. Robotics
Human-Robot Collaboration
Human-robot collaboration continues to be a major trend in robotics. Rapid advances in sensors, vision technologies, and smart grippers allow robots to respond more effectively to their environment. This collaboration is transforming industries by enabling robots to take over labor-intensive and hazardous tasks from humans.
Personal Assistant Robots
There is now quite an advancement in personal assistant robots, as evidenced by their prevalence at CES 2024. We were particularly impressed by Samsung’s Ballie personal assistant robot, which is equipped with an onboard projector and enhanced capabilities.
Robotics in Manufacturing
Automation and robots are two distinct technologies, but the terms are often used interchangeably. Together, they have transformed the manufacturing space. Formerly time-consuming duties are now fully automated with minimal operator input.
As we enter the age of Industry 4.0, Robotics and Automation emerge as transformative forces, reshaping industries and revolutionizing the way we work.
Future Trends in Robotics
A continuing and overriding trend this year and beyond will be increasing implementation of robotics and automation, using technology to streamline operations and offset rising labor costs. The integration of artificial intelligence and machine learning into robotics is opening up new possibilities for innovation.
4. Cybersecurity
Cybersecurity is one of the rare technologies whose use is required in almost every field. Whether it be a bank that needs to protect itself from cyber threats or military organizations like RAW, ISI, and FBI that need to safeguard sensitive information, the importance of cybersecurity cannot be overstated. In 2024, we will likely see the emergence of stringent cybersecurity regulations across the globe. As governments and major entities intervene more than ever, companies will need to navigate a complex maze of rules in their efforts to bolster their defense mechanisms.
Automated threat management, cloud security, zero-trust architecture, identity management, behavioral analytics, cyber governance, endpoint protection, cybersecurity-as-a-service, blockchain security, and cybersecurity mesh will remain top cybersecurity innovations in 2024.
Key Trends
- Automated threat management
- Cloud security
- Zero-trust architecture
- Identity management
- Behavioral analytics
- Cyber governance
- Endpoint protection
- Cybersecurity-as-a-service
- Blockchain security
- Cybersecurity mesh
Cybersecurity and Cloud Computing
Cybersecurity and cloud computing are closely related, as the increased use of cloud computing has led to new security challenges and concerns. One of the biggest security concerns with cloud computing is the risk of unauthorized access to sensitive information. This can occur if cybercriminals are able to compromise the security of the cloud provider’s servers or steal login credentials.
The Cost of Cybercrime
Cybersecurity Ventures expects the cost of cybercrime to reach $10.5 trillion by 2025, indicating the importance of cybersecurity for businesses. In the face of this fast-growing threat, cybersecurity solutions designed to strengthen defenses and provide us with a fighting chance are in high demand for enterprises. Cyber-attacks are becoming more sophisticated, so competition to bring new solutions leveraging breakthrough technologies like A.I. to market is intensifying.
5. Digital Identity
Digital identity is becoming increasingly crucial in our interconnected world. 22% of businesses see managing and securing digital identities as the number one priority of their security program, up from 17% in 2023. This trend underscores the growing importance of robust digital identity solutions.
Biometrics
The vast potential that new digital identity approaches leveraging biometrics can deliver to the sector was explored in detail in the Biometrics & Digital Identity Summit at FTE Global 2023. Biometrics and digital identity will undoubtedly remain a key area to watch in 2024. For instance, Delta customers at LAX, LGA, and JFK now have a quicker way to move through the airport using Delta Digital ID, which provides a seamless, hands-free way to navigate the airport using biometric facial matching.
Implementation
Implementation of biometric and digital identity technology continues at pace globally. ANA Aeroportos de Portugal and Vision-Box recently partnered to launch the “Biometric Experience by VINCI Airports” at Lisbon Airport, with plans to expand the project to four additional Portuguese airports.
The many projects we have recently reported on include Fraport enabling all airlines at their airports to adopt biometric solutions, highlighting the rapid adoption of this technology.
Future Trends
Looking ahead, digital identity solutions will continue to evolve, integrating more advanced technologies and becoming more user-friendly. The focus will be on enhancing security while providing seamless user experiences. As we move into 2024, the integration of biometrics and digital identity will be pivotal in various sectors, from aviation to finance.
6. Biometrics
Biometrics has become a perennial fixture in our annual trends report. As this interview explains, it is the total enabler of a true seamless passenger experience, so there is clearly a business case for biometrics.
Behavioral Biometrics
Behavioral biometrics is experiencing rapid growth. Estimated at $3.2 billion in 2024, it is projected to reach $7.5 billion by 2030, growing at a significant rate.
Post-Pandemic Adoption
The post-pandemic preference for contactless technologies has only served to accelerate biometric adoption and its acceptance by travelers. IATA’s 2023 Global Passenger Survey indicates that: “Confidence in biometric identification is on the rise. In the last 12 months, 46% of passengers used biometrics at the airport, up from 34% in 2022. Furthermore, 75% of passengers prefer using biometric data over traditional passports and boarding passes.”
Digital Identity Integration
The vast potential that new digital identity approaches leveraging biometrics can deliver to the sector was explored in detail in the Biometrics & Digital Identity Summit at FTE Global 2023, with insights from the likes of Miami International Airport, United Airlines, Fraport, and NEC. Biometrics and digital identity will undoubtedly remain a key area to watch in 2024.
Implementation of biometric and digital identity technology continues at pace globally. ANA Aeroportos de Portugal and Vision-Box recently partnered to launch the “Biometric Experience by VINCI Airports” at Lisbon Airport, with plans to expand the project to four additional Portuguese airports.
7. Automation
Automation is set to revolutionize various industries by integrating advanced technologies like IoT, edge computing, AI, machine learning, and 5G/6G. Industrial automation will see significant growth, driven by these converging technologies.
8. Machine Learning
Machine Learning, a subset of AI that enables systems to learn and improve from experience, is on the brink of remarkable advancements. Predictive analytics, personalized recommendations, and enhanced natural language processing are just a glimpse of what the future holds.
Machine learning algorithms improve performance over time as they are trained—exposed to more data. Machine learning models are the output, or what the program learns from running an algorithm on training data. The more data used, the better the model will get.
9. Digital Transformation
Digital transformation is reshaping industries by integrating digital technology into all areas of business, fundamentally changing how companies operate and deliver value to customers. Exploring the top digital transformation trends for 2024 reveals a focus on enhancing efficiency and customer experience.
Increased Use of AI Consulting Services
AI consulting services are becoming crucial as businesses seek to leverage artificial intelligence to streamline operations and gain insights from data.
Rise of Edge Computing
Edge computing is on the rise, improving data processing and reducing latency by bringing computation closer to the data source.
Enhanced Customer Experience
Digital transformation is also about enhancing the customer experience through personalized services and seamless interactions across various touchpoints.
Integration of Advanced Technologies
The integration of advanced technologies like AI, IoT, and blockchain is driving innovation and creating new business models.
The digital transformation trends for 2024 include the increased use of AI consulting services, the rise of edge computing to improve data processing and reduce latency, and a strong focus on enhancing customer experience.
10. Personalisation
Travellers increasingly expect end-to-end personalisation at every step of their journey. This trend is not just limited to travel but extends to various sectors, including retail, healthcare, and digital services. Personalisation is becoming a key differentiator for businesses aiming to enhance customer satisfaction and loyalty.
Lufthansa took personalisation to a new level last year with the launch of Allegris – its new long-haul travel experience. At its heart, it is about individualising travel and doing so in a way that is simple for customers. The individuality comes in passengers’ ability to create their own travel experience according to their personal needs, with choices in seats, meals and other elements of the journey.
1. Customised Travel Experiences
Lufthansa's Allegris is a prime example of how personalisation is revolutionising the travel industry. With options to customise seats, meals, and other journey elements, passengers can create a travel experience tailored to their personal needs.
2. Digital Retail and F&B Ordering
Los Angeles World Airports has brought a new level of personalisation to digital retail and F&B ordering at LAX. This initiative, in partnership with Airport Dimensions, Servy, and Unibail-Rodamco-Westfield, allows travellers to enjoy a more tailored shopping and dining experience.
3. Business Class Innovations
Cathay Pacific’s forthcoming new business class Aria Suite is generating buzz in terms of personalisation. This trend is expected to grow exponentially in 2024 and beyond, offering passengers more control over their in-flight experience.
11. Mobility
Autonomous Vehicles
One of the most promising applications of autonomous vehicles is in the field of mobility services. By providing on-demand transportation that is safe, efficient, and cost-effective, autonomous vehicles could help improve accessibility and mobility for people who are currently underserved by traditional transportation systems. It’s an innovative business model which can also drive the adoption of Autonomous Vehicles.
Urban Air Mobility
Urban air mobility is set to revolutionize how we think about transportation within cities. From flying cars to drones, the possibilities are endless. This technology aims to reduce congestion and provide faster, more efficient travel options.
Zero Emissions & Carbon Neutrality
The push for zero emissions and carbon neutrality is stronger than ever. Electric vehicles and alternative fuels are at the forefront of this movement, aiming to create a more sustainable future.
Smart Cities
Smart cities integrate advanced technologies to improve the quality of life for their residents. This includes everything from smart traffic management systems to autonomous personal mobility devices.
The future of mobility is not just about getting from point A to point B; it's about doing so in a way that is efficient, sustainable, and accessible for everyone.
Alternative Fuels
Alternative fuels like hydrogen and biofuels are gaining traction as viable options for reducing our reliance on fossil fuels. These fuels offer a cleaner, more sustainable way to power our vehicles.
Accessibility
A number of progressive airlines and airports are also exploring robotics in the accessibility space. One example is United’s collaboration with WHILL, with the aim of making airport terminal transport more accessible using autonomous personal mobility devices. International Airlines Group is also among those trialling autonomous personal mobility devices with its airport partners.
12. Sustainability
Sustainability is becoming a critical focus for organizations worldwide. Sustainable technology is a framework of digital solutions that drive Environmental, Social, and Governance (ESG) outcomes. This trend includes green technology and climate technology, which are highlighted as some of Gartner’s top strategic technology trends.
The 12 Top Sustainability Trends in 2024
- Renewables increasingly replace coal
- Green hydrogen shows promise
- Nuclear power makes a comeback
- EVs (Electric Vehicles) continue to rise
- Sustainable home and business construction
- Green and clean energy
- Agricultural technologies
- Carbon capture
- Circular economy practices
- Water conservation technologies
- Waste reduction innovations
- Sustainable supply chains
By 2027, Gartner predicts that 25% of CIOs will see their personal compensation linked to their sustainable technology impact. Organizational leaders will start focusing on sustainable tech this year to ensure positive ESG outcomes in the long term.
13. Ancillary Technologies
Ancillary technologies are the unsung heroes that support and enhance primary technological innovations. These technologies often work behind the scenes but are crucial for the seamless operation of more prominent tech trends.
AI Personal Assistants and Chatbots
AI personal assistants and conversational chatbots are becoming increasingly sophisticated, providing more intuitive and human-like interactions. They are essential in various sectors, from customer service to real estate marketing automation.
Advanced Analytics and Data Visualization
Advanced analytics and data visualization software are pivotal in making sense of the vast amounts of data generated daily. These tools help businesses make informed decisions and uncover hidden trends.
Real Estate Marketing Automation
Real estate marketing automation tools are revolutionizing how properties are marketed and sold. These tools improve engagement and streamline processes, making the real estate market more efficient.
In conclusion, CES 2024 showcased diverse innovations poised to shape the future of technology and society. From AI-driven experiences to sustainable solutions, the role of ancillary technologies cannot be overstated.
14. Startups
Last year, collaboration with startups was firmly back on the agenda after inevitably taking a back seat during the pandemic. It remains a challenging environment for some startups to raise funds and it is an important moment for the industry to support them.
Top 10 Startup Trends (2024 & 2025)
- Satellite startups dominate space tech. Like many other startup sectors, investments in space tech have been impacted by the current economic downturn.
- Increased collaboration between startups and large corporations.
- Growth in sustainability-focused startups.
- Expansion of AI and machine learning startups.
- Rise of health tech startups.
- Surge in fintech innovations.
- Development of new cybersecurity solutions.
- Popularity of remote work tools.
- Advances in agri-tech.
- Emergence of new digital identity solutions.
Notable Startups to Watch
- Amp Robotics
- Aurora Solar
- Oxford PV
- Verdigris
- Grow a Wish
- Carbon Clean Solutions
- Blue Planet
- Heliogen
- Grove Collaborative
- Agricool
- TIPA
- Genecis
- Source
Industry Support and Collaboration
Many progressive airlines and airports are increasingly collaborating with high potential startups and scaleups. Indeed, the exponential growth of the FTE Digital, Innovation & Startup Hub demonstrates this – International Airlines Group and Greater Orlando Aviation Authority are among the latest Corporate Partners to join, while we now have almost 450 approved startup members – and we expect the trend to further accelerate in 2024 and beyond.
15. Hephaestus
Hephaestus, named after the Greek god of blacksmiths and craftsmen, is a groundbreaking technology poised to revolutionize various industries. By the end of this year, it's interesting to consider what the top technology trends in the coming three years (2024 to 2026) will be, and Hephaestus is certainly one to watch.
What is Hephaestus?
Hephaestus is an advanced manufacturing technology that leverages cutting-edge insights to enhance production efficiency and quality. It integrates AI, robotics, and quantum computing to create a seamless manufacturing process.
Key Features
- AI Integration: Utilizes artificial intelligence to optimize manufacturing workflows.
- Robotic Automation: Employs robotics for precision and efficiency in production lines.
- Quantum Computing: Enhances computational capabilities for complex problem-solving.
Industry Applications
Hephaestus has the potential to impact various sectors, including:
- Automotive: Streamlining the production of vehicles with higher precision.
- Aerospace: Improving the manufacturing of aircraft components.
- Healthcare: Enhancing the production of medical devices.
Future Prospects
The future of Hephaestus looks promising, with potential applications expanding as technology evolves. Companies are connecting with their history to better guide their employees' sense of purpose and innovation, making Hephaestus a key player in the future of manufacturing.
Hephaestus represents a significant leap forward in manufacturing technology, promising to drive changes and set new standards in the industry.
16. AI in Healthcare
Artificial Intelligence (AI) is revolutionizing the healthcare industry, offering innovative solutions that enhance patient care and streamline operations. AI-powered solutions are being integrated into various aspects of healthcare, from diagnostics to treatment plans.
AI in Diagnostics
AI algorithms can analyze medical images with remarkable accuracy, often surpassing human capabilities. This technology is particularly useful in detecting early signs of diseases such as cancer, enabling timely interventions.
AI in Treatment Plans
AI can assist in creating personalized treatment plans by analyzing a patient's medical history and current condition. This ensures that each patient receives the most effective treatment, tailored to their specific needs.
AI in Therapy
One example of an AI-powered automation platform is Eleos Health. The company offers an AI platform for therapists. Their CareOps Automation solution is a voice AI platform that listens in the background of therapy sessions, automatically digitizes all therapy conversations, identifies potential interventions, and produces session summaries instantly.
AI in Hospital Management
AI is also being used to optimize hospital management. From automating administrative tasks to managing inventory, AI helps in reducing operational costs and improving efficiency.
The integration of AI in healthcare is not just a trend but a necessity for modern medical practices. It promises to deliver better patient outcomes and more efficient healthcare systems.
17. AI in Education
Shaping the Future of Learning
AI is revolutionizing the education sector by providing personalized learning experiences. By analyzing trend data and students' performance, AI can predict learning challenges and identify gaps, creating tailored learning journeys for each student.
Enhancing Student Engagement
AI-powered tools like chatbots and virtual assistants are reshaping the way students interact with educational content. These tools offer instant feedback and support, making learning more interactive and engaging.
Data-Driven Insights
AI provides educators with valuable insights based on data patterns. This helps in making informed decisions about curriculum design and teaching strategies, ultimately improving the overall quality of education.
Automation in Administrative Tasks
AI is also streamlining administrative tasks such as grading and attendance tracking. This allows educators to focus more on teaching and less on paperwork.
The integration of AI in education is not just a trend but a significant shift towards a more efficient and personalized learning environment.
18. AI in Technology
Artificial Intelligence (AI) is revolutionizing the technology landscape, driving innovation and efficiency across various sectors. AI is by far the biggest trend in the tech space right now, influencing everything from software development to user experience.
AI in Software Development
AI is transforming software development by automating repetitive tasks, improving code quality, and predicting potential bugs. This not only speeds up the development process but also enhances the reliability of software products.
AI in User Experience
From voice assistants to predictive text, AI is already an intrinsic part of our digital experiences. It personalizes user interactions, making technology more intuitive and responsive to individual needs.
AI in Data Analysis
AI's ability to process and analyze large amounts of data is unparalleled. In the PropTech industry, for example, AI generates analysis to provide information on current trends, risk assessment, and a better understanding of the client’s needs.
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Future Prospects
By 2030, there will be exponential improvements in computer processing power, voice recognition, image recognition, deep learning, and other software algorithms. This will further solidify AI's role in shaping the future of technology.
19. AI in Marketing
Personalization at Scale
AI is revolutionizing marketing by enabling personalization at scale. Brands can now tailor their messages to individual consumers based on their preferences, behaviors, and past interactions. This level of personalization was previously unattainable and is reshaping the way brands engage with consumers.
Advanced Analytics
Processing large volumes of data manually can be very time-consuming. However, with the help of AI, companies can analyze real-time data to generate valuable insights quickly. This allows marketers to make data-driven decisions and optimize their strategies effectively.
AI-Powered Chatbots
AI chatbots connect people who are selling, buying, or any other process to the clients 24/7. They process requests instantly, augment team collaboration, and increase the number of clients companies can service. AI chatbots even allow them to maintain building equipment more easily.
Augmented Reality and CGI
As we delve into 2024, several emerging trends are reshaping the way brands engage with consumers, leveraging cutting-edge technologies such as artificial intelligence, augmented reality, and CGI. These technologies create immersive experiences that captivate audiences and drive engagement.
AI is providing customers with an impressive user experience. It has changed how people purchase and rent properties. This is because they can now view selections based on recommendations, browsing history, etc.
20. AI in Finance
Transforming Financial Services
AI is revolutionizing the financial sector by enhancing efficiency, accuracy, and customer experience. AI is transforming banking and financial services by automating routine tasks, providing advanced analytics, and enabling personalized financial advice.
Risk Management
AI-driven models are being used to predict and mitigate risks. These models analyze vast amounts of data to identify potential threats and opportunities, making financial systems more robust and reliable.
Fraud Detection
AI systems are crucial in detecting fraudulent activities. By analyzing patterns and anomalies in transaction data, AI can identify and prevent fraud more effectively than traditional methods.
Investment Strategies
AI is also being used to develop sophisticated investment strategies. Machine learning algorithms can analyze market trends and historical data to make informed investment decisions, potentially increasing returns for investors.
The democratization of AI is in full swing, making advanced financial tools accessible to smaller enterprises and individual investors.
Customer Service
AI chatbots and virtual assistants are transforming customer service in the financial sector. These tools provide 24/7 support, handle customer inquiries, and even offer financial advice, enhancing the overall customer experience.
Conclusion
As we look ahead to 2024 and 2025, it's clear that the technological landscape will continue to evolve at a rapid pace. From advancements in AI and quantum computing to breakthroughs in robotics and cybersecurity, the trends we've explored in this article highlight the transformative potential of emerging technologies. Staying informed and adaptable will be key for individuals and businesses alike as they navigate this dynamic environment. Embracing these innovations not only offers opportunities for growth and efficiency but also poses challenges that will require thoughtful consideration and strategic planning. The future is bright for those who are prepared to harness the power of these technological trends.
Frequently Asked Questions
What is the significance of Artificial Intelligence in 2024 and 2025?
Artificial Intelligence continues to revolutionize various industries by improving efficiency, enabling automation, and providing insights through data analysis. It is expected to play a crucial role in sectors like healthcare, education, finance, and marketing.
How is Quantum Computing expected to impact technology trends?
Quantum Computing promises to solve complex problems much faster than classical computers. This technology is poised to make significant advancements in cryptography, material science, and complex system simulations.
What advancements are expected in Robotics?
Robotics is expected to see significant advancements in automation, precision, and AI integration. These improvements will enhance capabilities in manufacturing, healthcare, and service industries.
Why is Cybersecurity more important than ever?
With the increasing reliance on digital systems, the threat of cyber-attacks has grown. Enhanced cybersecurity measures are crucial to protect sensitive data and ensure the integrity of digital infrastructure.
What role will Biometrics play in future technologies?
Biometrics will enhance security and user authentication processes. It is expected to be widely adopted in areas such as digital identity verification, access control, and personalized user experiences.
How will AI influence the healthcare sector?
AI in healthcare will lead to better diagnosis, personalized treatment plans, and improved patient outcomes. It will also streamline administrative processes and enhance research capabilities.