Source page: McKinsey & Company
Commentary
Tech bounces back in 2024
Investing | Technology
September 2, 2025 – This week, our data visualizations focus on technology trends shaping our world, from the AI revolution to the future of energy and more.
In 2024, the investment climate for frontier technologies stabilized and often rebounded, despite 2023’s macroeconomic challenges and market weakness, note Senior Partner Lareina Yee and coauthors. The latest McKinsey Technology Trends Outlook focuses on 13 frontier technology trends with the potential to transform global business. Last year, investment went up for ten of these trends compared with 2023, with agentic AI seeing the biggest jump of 1,562 percent. The two trends with the highest equity investment, the future of energy and sustainability technologies and the future of mobility, both declined in 2023, but the former made a comeback in 2024. Equity investments in cloud and edge computing, bioengineering, and space technologies grew, while AI and robotics also saw a dip that reversed, and both exceeded 2022 levels.
To read the report, see “McKinsey Technology Trends Outlook 2025,” July 22, 2025.
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Visual form
Bar Chart, Area Chart, and Line Chart: multi-panel frontier-technology investment dashboard for 2022 to 2024.
Layout / body structure
A large left panel highlights the two biggest investment pools, while the right side uses small multiples for the remaining technology trends. Each panel keeps the same three-year comparison frame and adds a cumulative-change marker.
What is being compared
It compares equity investment across 13 frontier technology trends from 2022 through 2024, including AI, cloud and edge computing, digital trust and cybersecurity, advanced connectivity, bioengineering, space technologies, robotics, immersive reality, semiconductors, quantum technologies, agentic AI, energy and sustainability, and mobility.
Measurement system
Annual investment is measured in billions of dollars. Cumulative change from 2022 to 2024 is shown as a percentage in the colored marker attached to each trend.
Visible structure inside the graphic
The left panel uses annual bars for the largest-dollar trends, while the small-multiple panels use filled areas with point-to-point lines across 2022, 2023, and 2024. Colored bubbles next to the panels carry the cumulative percentage change.
Main takeaway from the visual
The chart shows a broad rebound in frontier-technology investment in 2024 after weakness in 2023, with many trends turning upward at the same time rather than one category carrying the recovery alone.
Key standout values or extremes
Agentic AI is the largest percentage outlier at 1,562 percent cumulative growth. Cloud and edge computing rises 138 percent, future of bioengineering rises 50 percent, and artificial intelligence rises 48 percent, while application-specific semiconductors falls 81 percent and immersive-reality technologies falls 68 percent.
Controls / sequence, when applicable
This is a fixed multi-panel investment dashboard; there are no in-chart controls to operate.
Companion media, when applicable
There is no separate companion audio or video; the frontier-technology investment dashboard is the visual on this page.