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Category: Insight

How the Consumer Tech Space will Evolve in 2024

2024 promises to be a year of revolutionary leaps and disruptive shifts in the consumer tech landscape. Gone are the days of incremental upgrades. It’s time to get ready for paradigm-changing innovations that blur the lines between reality and digital augmentation. 

It’s the year AI truly comes of age, the year that homes will morph into intelligent havens, and the year the lines between physical and digital worlds irrevocably blur. Be prepared for a year of mind-bending innovations, fierce competition, and a fundamental reshaping of how we interact with technology. 

People will get to start their mornings with personalized smoothie recipes, scrolling down their notifications of curated headlines, and apps that suggest outfits according to their moods.

Collaborative AI

In the new year, companies will stop focusing on the robotic prompts that AI home assistants have been known for, and start working on developing tools that will be able to anticipate, adapt, and even create alongside people. 

Consumers will be able to become artists and innovators that are empowered by personal AI tools that thrive on their input, such as platforms that are able to create songs from a hummed melody, or apps that can sketch fashion designs based on more vague ideas or terms.

Transforming homes

People’s homes will become reimagined with new robotic companions who anticipate needs, adjust the lighting to moods, and even offer witty banter with their owners. 

Not just that, but people will start to wake up to customized sleep reports or start their days with a smart kitchen that has a list of suggested recipes based on available ingredients and health goals. Homes become intelligent ecosystems, seamlessly woven into the fabric of our lives.

Smartphone changes

The smartphone, a universal companion, is about to change. Foldable screens will transform it from a pocket rectangle to a multi-dimensional canvas, blurring the lines between a simple device into a full-blown window to the digital world. 

Companies could start developing phones that unfold into a portable cinema, projecting 3D holograms for immersive gaming, or acting as a digital canvas for artistic expression. But it’s not just screens. AR headsets could change their clunky facades, becoming sleek extensions of people’s senses.

Sustainability

Eco-conscious consumers are no longer on the fringes of society as they used to be in the past. They’re the driving force behind a green tech revolution. Solar-powered gadgets, recycled materials in devices, and modular designs for easy repair and upgrade will become the norm. 

Fairly soon, people will be able to charge their phones with a built-in solar panel or swap out worn-out batteries instead of replacing the entire device. Sustainability won’t be a checkbox anymore. It’ll be the foundation of design, woven into the core idea of every gadget.

Data privacy

As people’s lives become entwined with technology, data privacy becomes a battleground. Brands should expect stricter regulations and a growing demand for user control. Companies that prioritize transparency and data ownership will win trust and loyalty. 

Consumers are clamoring for a world where they own their own data, where they’re able to grant access on their own terms, with clear insights into its usage and protection. Data will no longer be a shadowy commodity. It’ll be a precious asset, controlled and empowered by the individual.

Discover more articles from Ronn Torossian:

Ronn Torossian on SoundCloud
Ronn Torossian on Forbes
Ronn Torossian on Facebook
Ronn Torossian on Entrepreneur

2024 promises to be a year of revolutionary leaps and disruptive shifts in the consumer tech landscape. Gone are the days of incremental upgrades. It’s time to get ready for paradigm-changing innovations that blur the lines between reality and digital augmentation.  It’s the year AI truly comes of age, the year that homes will morph into intelligent havens, and the year the lines between physical and digital worlds irrevocably blur. Be prepared for a year of mind-bending innovations, fierce competition, and a fundamental reshaping of how we interact with technology.  People will get to start their mornings with personalized smoothie recipes, scrolling down their notifications of curated headlines, and apps that suggest outfits according to their moods. Collaborative AI In…