Technology Trends Dossier 2024

Report Highlights

Every year, CMR reaches out to top business, technology, and industry leaders to get insights on the top technology trends shaping the business landscape for that year. 2024 is a very interesting year, as the technology trends that will take shape this year will be due to several other trends that have been in development over the past couple of years.

This year, we identified top 5 mega trends that would form the base for all other technology trends this year. These include the rapid increase in data volumes, which is causing a revolution in Artificial Intelligence and its variants like Generative AI. Cloud is becoming ubiquitous, so much so that it is being viewed as a utility like food, electricity, heating, water, etc. It’s presence is only felt when it’s NOT available.

The Internet penetration in India was 55% of the total population earlier this year, and is expected to reach 900 million by next year. This will give a boost to many other technologies like e-commerce, web 3.0 stack, etc.

The increasing use of technologies will have a similar increase in the number of cyber security threats. This year, expect AI based threats, like Deep Fakes to take center stage.

 Lastly, all enterprises are becoming serious about embracing digitalization, and as per our interactions with numerous CxOs, we feel it’s on top of the board room agenda in just about every organization. Technology terms like AI, Blockchain, Cloud, Data Analytics, and Edge Computing have become a part of the boardroom dictionary.

This Dossier is culmination of collective intelligence of Business leaders like Supply Chain and procurement heads, CIOs, CDOs, CISOs, and industry experts. You’ll find an overall analysis of CMR based on primary interactions with key technology thought leaders followed by individual perspectives of all the thought leaders whom we’ve interacted with.