Technology trends that will NOT happen in 2024: Enterprise 5G, mass foldable devices, network APIs, Edge Generative AI or Robotaxis

ABI Research’s 4th the annual trends report identifies the 45 key technology trends that will deliverand 37 that will notin 2024

NEW YORK, January 9, 2024 /PRNewswire/ — As 2024 begins, predictions abound about the technological innovations expected in the coming year. However, several long-awaited improvements, including Enterprise 5G, mass foldable devices, networking APIs and robotaxis, will NOT happen in 2024, the global technology intelligence firm says ABI Research.

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In their new white paper, 82 Tech Trends That Will and Won’t Shape 2024, ABI Research analysts identify 45 trends that will shape the technology market and 37 others that, while attracting a huge amount of speculation and commentary, less likely to change a needle in the next twelve months.

“When we look at the background for 2024, we still see many of the trends in 2023 influencing destiny,” says Stuart Carlow, principal investigator at ABI Research. “High inflation, cost pressures and subdued demand persist. Major markets such as the US, Germanyand China faced with prolonged manufacturing recessions. Monetary policy’s focus on containing inflation hinders technology financing. Still, there are signs of hope: inflation is easing, central bank policies may be changing and labor markets are recovering. The global political landscape is the only emergency that is not on a positive trajectory. Withstanding this, 2024 could be a watershed year as we collectively turn the corner. It won’t be smooth and it won’t be linear, but 2024 holds the promise of the technology providing the acceleration engine to get us out of the last few years of depression.”

What won’t happen in 2024?

Enterprise 5G
2023 already illustrates a trend that is likely to follow: 5G will once again fail to capture enterprise interest. When making investment decisions for connectivity technologies, enterprises care much more about the use cases and outcomes than the name of the connectivity technology – especially because the implementing enterprises are not experts in connectivity technologies.

Basic folding devices
Despite the best efforts of many in the industry over the past few years to make the foldable user experience more acceptable — including thinner and lighter designs, better hinges, crease-free displays, foldable and flip form factors, and larger covering screens – they have not yet fully convinced users and captured their imagination. It’s not for lack of trying, as the list of competing foldables is impressive, including flip and fold variants.

Web API
Network APIs driven by the GSMA’s Open Gateway and CAMARA initiatives are unlikely to create a significant business opportunity, suffering the same fate as the GSMA’s OneAPI project in 2012, which was abandoned soon after its launch. It’s true that telcos are desperate for enterprise revenue and use cases in 2024, but the same problems that network application programming interfaces (APIs) faced a decade ago remain today: application developers are now responding of their needs through aggregators or hyperscalers. Launching fancy new networking API initiatives won’t automatically grab the attention of developers.

Generative AI at the edge
Most enterprises will look to deploy generative AI through the cloud, with only a handful having the capability and resources to deploy generative AI at the edge enterprise level. The challenge with rolling out generative AI at the edge of the enterprise will be in terms of choosing a good use case, implementing the right generative AI framework/model and balancing return on investment (ROI) expectations. The potential of enterprise generative AI is huge, but 2024 will not be the year we see widespread deployment of generative AI at the edge.

Robot taxis
Robotaxi operations will not develop in 2024. The complexity of unsupervised autonomous driving in the real world is becoming increasingly apparent, especially in interactions with more vulnerable road users. The ongoing response and investigation into the causes of the recent Cruise accident, and Cruise’s actions since that incident, will likely lead to greater scrutiny of robotics deployments and service expansion in 2024, a significant obstacle to unsupervised autonomous driving this year. year.

“ABI Research is privileged to hold a powerful position between the communities of technology innovators and those companies looking to leverage technology in their operations. Our goal is to provide the key decision-making tools businesses need to act quickly, appropriately and effectively. 2024 will be challenging but also holds great promise and opportunity,” Carlow concludes.

For more trends that won’t happen in 2024 and the 45 trends that will, download the white paper, 82 Tech Trends That Will and Won’t Shape 2024.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as a bridge that seamlessly connects these two segments, providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research is a global technology intelligence company that is uniquely positioned to serve as a bridge between end-market companies and technology solution providers, driving successful technology implementations and delivering proven performance by providing exclusive research and expert guidance. Customer acquisition and retention strategies seamlessly connect these two entities.

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe+65.6592.0290 inches Asia-Pacific regionor visit www.abiresearch.com.

Contact information:

Global
Deborah Petrara
Phone: +1.516.624.2558
[email protected]

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SOURCE ABI Research

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