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AI: Top 10 Predictions, 2024

Publisher Frost & Sullivan
Published Dec 21, 2023
SKU # MC18401649

Description

AI: Top 10 Predictions, 2024



In the realm of technological progress, artificial intelligence (AI) has emerged as a transformative force with the potential to reshape industries

of the future. 89% of enterprises believe Generative AI technology will be a disruptive technology for enterprises to create strategic market differentiation. As AI evolves, its profound impact on businesses, economies, and societies makes it a pivotal technology in the digital landscape

of an enterprise. AI is poised to drive unprecedented changes that redefine the very fabric of industries, including revolutionizing manufacturing processes, automating workflows, personalizing service portfolios, enhancing customer experience (CX), and augmenting business growth.

Frost & Sullivan expects accelerated adoption of AI in 2024, with enterprises focused on building data readiness for AI, using a multimodal approach to use case deployments, and adopting best practices in ethical AI. These predictions offer ample growth opportunities for vendors and ecosystem players to capitalize and emerge at the forefront of the AI industry.

Table of Contents

Top Growth Opportunities for 2024
Strategic Imperatives
Top 10 Growth Opportunities
Growth Opportunity 1: Generative AI Solution Development and Deployment Services
Growth Opportunity 2: Implementation Platforms
Growth Opportunity 3: System Integration Services
Growth Opportunity 4: ICT Advisory Services
Growth Opportunity 5: Data Readiness and Management
Growth Opportunity 6: Applied AI Applications
Growth Opportunity 7: Edge AI Datacenter Infrastructure
Growth Opportunity 8: Responsible AI
Growth Opportunity 9: Multimodal Foundational Models
Growth Opportunity 10: Conversational AI
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