Deloitte launches Technology, Media and Telecom predictions for 2024

The report said Gen AI inside enterprise software is likely to be a gateway for many companies.

The report stated that by 2025, “we may also start seeing shortages of rare earth elements (REEs) for magnets in electric car motors and more, as well as lithium and cobalt for batteries”.

The report stated that as tech and semi-supply chains are not just about raw materials, holistic strategies such as recycling, DSNs, sustainable manufacturing, and stockpiling could pre-empt future supply chain issues.

The report added that telecommunications firms can reduce their Scope 3 emissions by working with smartphone makers and customers to promote extending the life of phones, reselling used phones, and making sure they are recycled properly.

The report said investment in women’s elite sports organizations could lead to stronger performances and stronger earnings.

The report said the television and film industry is caught between declining cable TV viewership (and revenues) and costly streaming video services.

The report said the streaming video business is at an inflection point, shifting from growth to profitability