ABI Research’s latest whitepaper highlights 38 transformative technology stats you need to know for 2024 and beyond
The technology community – both innovators and implementers – is at a critical juncture in 2024. Global market pressures are starting to ease, but persistent geopolitical threats are hindering progress. As a result, companies are under pressure to make the right near-term decisions to drive positive impact and ROI within their organizations.
In its new whitepaper, 38 Transformative Technology Stats You Need to Know for 2024, global technology intelligence firm ABI Research identifies key forecasts to help companies and organizations make winning, informed decisions that impact the near term to seize market shifts, choose the best technologies and partners, achieve quick wins, meet robust ROI requirements, and use technology for aggressive growth or to safeguard against geopolitical shocks.
“This paper provides a selection of forecasts from ABI Research that can help companies and organizations make contextual decisions with the benefit of rigorously produced hard data. The rapid rise of on-device generative AI smartphones, increased adoption of AR and VR HMDs, and a big bet on decarbonization technologies are just some of the many changes on the horizon of which companies and organizations must be aware to make mid-course corrections or complete roadmaps,” Stuart Carlaw, Chief Research Officer at ABI Research explains.
Some stats highlighted in the whitepaper include:
5G Devices, Smartphones, & Wearables:
The market penetration of on-device generative AI is set to reach 110 million smartphone shipments in 2024, driven by the launch of chipsets from Qualcomm and MediaTek, while Google has brought these features to its platform and Apple will likely follow with its own solutions in 2024. “This first wave of generative AI is designed mostly to support productivity applications, not just improved experiences. Democratization of on-device generative AI across smartphone tiers will be aided by a move to smaller, tiny generative AI models, which will boost market penetration to account for 90% of shipments by 2030,” explains ABI Research Director David McQueen.
Augmented and Virtual Reality:
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