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Tech Trends to Watch in 2024: Spatial Computing, Electromobility, and More

INVESTINGTech Trends to Watch in 2024: Spatial Computing, Electromobility, and More

In 2023, the investment and technological theme was artificial intelligence. One can confidently assume that the advancements in this field will continue to excite us and expand opportunities for its application in work and entertainment. However, technological novelties and the chance for profits do not stop with AI. What might be worth your attention in the coming year?

The technology market is constantly evolving and new branches can rapidly appear, while old ones gain renewed appeal. As always, we do not know what future brings, but we can estimate which areas are already showing prospects for quick development and market takeover today.

Among the leading technologies that stand such a chance are spatial computing. This mathematical-sounding concept includes technologies such as augmented reality (AR), virtual reality (VR), and mixed reality (MR). These technologies can revolutionize how we interact with the world around us and are already being used in various industries, including entertainment, medicine, and manufacturing.

Spatial computing is one of these areas drawing increasing attention. One intriguing development within this field is Apple’s introduction of the Apple Vision Pro, its first spatial computer. This device, set to premiere in 2024, is designed to seamlessly merge digital content with the physical world by presenting a fully three-dimensional user interface controlled by eye movements, hands, and voice. This represents a significant leap into a future where digital interaction will be more engaging and intuitive- points out Olena Bondar, Director of Freedom Finance Europe Poland.

According to reports, Apple is heavily investing in spatial computing and is allegedly working on its own AR/VR headset. If Apple manages to launch this product, it may spur a new wave of interest in this technological field and lead to the establishment of new sectors and businesses.

Another trend is the broad notion of developing the industry related to ecology or limiting greenhouse gas emissions. Here, electromobility is rapidly developing.

– The value of the high-capacity electric vehicle charging infrastructure market is predicted to be just under $7.4 billion in 2024. Furthermore, by 2030, the energy demand for charging electric vehicles could reach 53 billion kilowatt-hours, indicating high growth dynamics in this sector, as well as renewable energy sources and distribution networks, – justifies Olena Bondar.

– Apart from spatial computing and electric vehicle infrastructure, there are several other areas where new opportunities may emerge in 2024. One example could be Web3, a new vision of the internet based on blockchain technology. Web3 has the potential to revolutionize many industries, including finance, social networking, and gaming. Quantum computing can also transform many branches of industry, such as drug development, materials science, and finance – adds the director of the Polish branch of Freedom Finance Europe.

Investors interested in new and emerging industries should carefully consider the risk before making any investment decisions. New and emerging sectors can be unstable, innovations sometimes hit a dead end, and the companies introducing them may fail. But if they succeed in truly pushing the next step in development or revolutionizing their industry they can also offer high returns to investors willing to take the risk. However, the success of any industry depends on many factors, including technological progress, market acceptance, regulatory support, and many others. Therefore, in the ever-changing economic landscape, it’s crucial to keep up, adapt, and closely watch the operations of companies we want to bet on.

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