How Breakthrough Innovations are Transforming Industries and Society
Source: Dorothy Neufeld, Visual Capitalist, 2024, and World Economic Forum, 2024.
At Research IP, technology is one of the three key pillars to what we do. We use many tools and read a number of articles to help us try to stay up to date. When you think you are up to speed, it is articles like the Visual Capitalist Top 10 Emerging Technologies in 2024 that highlight what is poised to make a significant impact on various industries and society. These include advancements like AI systems for scientific research, immersive urban design tools, quantum computing, sustainable technologies like carbon-capturing microbes, next-generation genomics, and wireless charging innovations. This emphasises how these technologies can address global challenges, such as climate change, healthcare improvements, and smarter infrastructure, shaping a more sustainable and connected future.
Source: World Economic Forum
Methodology
The following criteria were used to choose technologies from a survey of 300 nominations from 29 countries:
- Power: The technology has the potential to drastically alter established behaviours and industries.
- Applicability: The technique could be widely used and help economies.
- Novelty: It is still in its infancy and has not yet gained widespread usage.
- Depth: The technology is being developed and invested in by multiple nations.
Technologies were chosen according to this criterion as well as their potential to significantly alter society in the ensuing three to five years.
Leading Emerging Technologies of 2024
The most promising new technologies for 2024 are displayed below:
Top 10 Emerging Technologies in 2024 | Description |
AI for scientific discovery | Advancing diagnosis and prevention of diseases |
Privacy-enhancing technologies | Powers the secure use of large datasets |
Reconfigurable intelligent surfaces | Increases efficiency of next-generation wireless communication |
High-altitude platform stations | Balloon structures providing enhanced connectivity and communication |
Integrated sensing and communication | Monitoring systems for smart grids, agriculture, and weather conditions |
Immersive technology for the built world | Immersive design tools for urban development projects |
Elastocalorics | Innovative technologies for cooling and heating systems |
Carbon-capturing microbes | Organisms designed to capture CO₂ |
Alternative livestock feeds | Sustainable feeds made from insects, algae, and single-cell proteins |
Genomics for transplants | Editing the genome for transplantations |
Overall, AI-related technologies were driving two of the top 10 technologies across the healthcare and data privacy industries.
Read the full article here: Visualizing the Top 10 Emerging Technologies in 2024 (visualcapitalist.com)
Looking for something in particular or have some feedback? Please reach out to one of the RIPPL team
Research IP delivers high-quality investment fund research and consultancy services to financial advisers, charities & NFPs, and the broader financial services industry. Our experience spans well over 20 years working directly across the multiple facets of finance, so we understand the key drivers and challenges for managers, as well as the impact on investors and the broader industry.
We strive to give you the best information so you can help your clients make better decisions, and feel more confident about doing business with you. We believe that not only can everybody win, but everybody should.
Reach out to us today about your research and consulting needs, and how to make the data work for you and your clients.
Stay updated with our latest news. Sign up for our newsletter.
Would you like to see research on a Managed Fund? Then enquire here.
Photo credits: Visual Capitalist, World Economic Forum, Voronoi by Visual Capitalist, and Kaique Rocha of Pexels
Comments are closed