If power armor designed for combat is never pursued by a first world country I can imagine something akin to picrel becoming a thing.
Powered exo-skeletons or mechs are probably going to be a thing for construction work or other similar jobs within the next century, and I imagine that at least some of these would be obtained by a benevolent freedom fighter group.
They would probably cover it in shitty metal plates for armor and bolt weapons like Kord's or rocket pods onto them with really simple electric firing mechanisms.
They would almost definitely be next to useless in actual combat and would probably stop being produced by whatever groups were making them, but it might get a first world company or military to at least try making their own just to see if they could do it better.