The future of the technology industry is looking brighter than ever before with the major growth happening in the sector and its related industries. As many investors, tech leaders, and entrepreneurs are recognizing, now is the time to make investments in promising sectors and industries that could reap a sizable reward come 2024.
One of the top sectors to be on the lookout for is MEM (micro-electro-mechanical) TV. This emerging technology combines cutting-edge electronics, robotics, and mechanics to create a unique type of TV experience. It is becoming increasingly popular in the home entertainment space due to its obvious benefits: better picture quality, improved speed, enhanced audio capabilities, and the potential for increased interactivity.
The MEM TV market is expected to reach $50 billion in 2024, thanks to its anticipated expansion across Asia, the U.S., and Europe. To capitalize on this explosive growth, investors have their sights set on innovative companies like Sony, Samsung, and LG as potential leaders in the MEM TV space.
In addition to MEM TV, entrepreneurs and investors are banking on other promising industries for the future. Autonomous vehicles have recently entered the scene as an intriguing prospect. This sector is expected to grow exponentially by 2024, as their potential for reducing road traffic fatalities, minimizing human error, and enhancing driving efficiency is becoming apparent. Major players in the Autonomous vehicles space like Waymo, Tesla, and Cruise are neck and neck in the race to become the first to truly commercialize and mass-produce self-driving cars.
On a smaller scale, the Smart Home space is increasingly becoming a reality as well. As our homes become more and more connected, the need for advanced security systems and modifications to existing appliances – from air conditioners to refrigerators – is likely to arise. As such, companies like Amazon, Google, and Apple are all vying to be among the first to develop a comprehensive Smart Home system, complete with voice-activated AI assistants.
Clearly, the future is looking ever-brighter, and investors have an array of exciting opportunities to pursue. For those interested in making smart investments, MEM TV, Autonomous vehicles, and Smart Home systems will likely be among the most profitable sectors and industries to watch come 2024. Now is the time to make moves towards a brighter, more connected future.