Visit our press officeThe technology landscape is constantly evolving, with new trends emerging every year that shape the way we live, work and interact with the world around us.
Battery technology innovations are crucial for the global push towards renewable energy and electric mobility, focusing on enhancing energy storage capacity, reducing costs and minimising dependency on critical materials. Governments and companies worldwide are rapidly adopting quantum-resistant algorithms, known as post-quantum cryptography , to bolster digital defense systems and maintain data privacy and security. The National Institute of Standards and Technology in the US is set to issue standards for PQC in 2024, requiring public and private organisations supplying government to migrate to these quantum-resistant encryption algorithms within a year.
These advancements will drive the digital transformation across industries, enabling faster, more efficient, and more powerful devices and systems.The global push towards renewable energy and electric mobility has intensified the focus on battery technology. With the global battery market projected to reach $276.3 billion by 2032, growing at a CAGR of 8.7% from 2024 to 2032, innovations in battery chemistry and energy storage are among the top tech trends of 2024.
Satellite data will play a vital role in areas like agriculture, enabling more efficient water and energy usage for crops, as well as monitoring environmental damage caused by maritime activities. Additionally, space tech aims to tackle critical issues related to defense, sovereignty and access to telecommunications.
Large language models will witness phenomenal growth, paving the way for more compact and cost-efficient models that can operate on low-footprint installations with constrained processing capabilities, including on-edge or smaller enterprise architectures.