Notable Projections for Emerging Technologies and Markets Heading Towards 2024 and Beyond

The Rise of GenAI Smartphones in 2024

As technology continues to evolve at a breakneck pace, a new wave of smartphones equipped with generative AI, referred to as GenAI Smartphones, is poised to hit the market in 2024. Industry analysts project that approximately 110 million units of these advanced devices will be shipped globally, setting a new benchmark in smartphone technology. These GenAI Smartphones are expected to offer unprecedented levels of personalization and functionality, propelled by their cutting-edge AI capabilities.

Surge in AR/VR Head-Mounted Display Shipments

The augmented reality (AR) and virtual reality (VR) sectors are predicted to witness a substantial increase in the shipment of head-mounted displays (HMDs). Estimates suggest that by 2028, the market could see as many as 69 million AR/VR HMD units shipped worldwide, indicating the rapid adoption of immersive technologies in various industries and consumer markets.

Decarbonization: A 4 Trillion Market by 2032

Climate change and environmental sustainability have spawned a massive decarbonization movement, leading to the creation of a multi-trillion-dollar market. By the year 2032, the decarbonization market is projected to reach an impressive 4 trillion valuation. This market expansion is anticipated to be driven by advances in renewable energy, electric vehicles, energy-efficient technologies, and carbon capture and storage solutions.

With such substantial growth in these transformative technologies, there are significant opportunities for investors and companies focused on innovation. The stocks associated with these sectors could prove to be valuable additions to portfolios looking to capitalize on future tech trends.

technology, smartphones, AR/VR, decarbonization, market, AI, investments