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Some of the steepest growth of emerging and deep tech tech is predicted for AI, which is forecasted to reach a market value of US$300 billion by 2026. An annual growth rate (CAGR) is predicted of nearly 40 percent until 2026.
Business and Market Research shows a rising demand for virtual assistants and an increased implementation of cloud based applications. Both will boost the growth potential of Artificial Intelligence.
Robotics, another growing segment is predicted with a market value of about US$150 billion by 2025. Automation and Virtual Reality (VR), both have been labelled as a disruptive buzz word for traditional industries, is set to drive the growth .
Innovative technology is driving the future growth - regardless is we talk about mobility, green deals, agro tech or impact investment.