All this week, our daily charts will focus on technology trends that matter most across industries in 2024. We’ll explore tech and AI advancements, investments, talent demands, and more.
Enterprise technology often follows a path from innovation, to experimentation, to pilots, and, finally, to fully scaled adoption. Past the experimental phase, adoption picks up, and companies invest more in piloting and scaling. This progression is evident in trends such as next-generation software development and electrification, say McKinsey Global Institute partner Michael Chui and colleagues. Generative AI is a leader in terms of scaling among the 15 analyzed trends, while established technologies, such as cloud and edge computing and advanced connectivity, continue their quick adoption, which in turn facilitates emerging technologies.
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A stacked bar chart shows respondents’ self-reported adoption levels of 15 tech trends in 2023. The chart categorizes technologies based on their maturity and future potential, grouping them into 5 levels of adoption (from highest to lowest level): fully scaled, scaling, piloting, experimenting, and not investing.
The trends are arranged from the highest to the lowest combined sum of the percent of respondents who reported fully scaled and scaling adoption levels. These combined percentages are as follows:
- Cloud and edge computing: 48%
- Advanced connectivity: 37%
- Generative AI: 36%
- Applied AI: 35%
- Next-generation software development: 31%
- Digital trust and cybersecurity: 30%
- Electrification and renewables and industrializing machine learning: 27% each
- Future of mobility: 21%
- Climate technologies beyond electrification and renewables: 20%
- Immersive-reality technologies: 19%
- Future of bioengineering and future of robotics: 18% each
- Quantum technologies: 16%
- Future of space technologies: 15%
Note: Respondents may interpret these categories differently based on their organizations. As such, the results should be considered as indicative of organizations’ self-assessments, rather than precise measurements.
Source: McKinsey technology adoption survey data.
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To read the report, see “McKinsey Technology Trends Outlook 2024,” July 16, 2024.