By: BMBlog
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Generative AI is predicted to hold about 30% of the entire AI market and be valued at roughly $60 billion by 2024. Nearly 70% of consumers say they believe most businesses will soon be using this technology to improve the customer experience.
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The pandemic completely changed the way consumers shop. E-commerce was one of the few industries that saw growth during the pandemic, and it's predicted to continue growing further in 2024.
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The development of the 5G mobile network has the potential to radically change business operations. It will enable faster data transfer rates, lower latency, and more reliable connectivity.
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Employees will continue to seek out remote work opportunities in 2024. Hybrid work models that combine remote work with in-person work are also expected to become more common.
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Businesses will continue to expand their presence on social media in 2024. This includes expanding their advertising efforts, building communities around their brands, and using social media as a platform for commerce.