Deep technology market revenue totaled US$431.1 million in 2021 and is projected to reach US$3.8 billion, growing at a CAGR of 21.8% between the forecast period 2022-32
The deep technology market will surpass US$431.1 million by 2032 as a mobility technology to increase the efficiency and sustainability of land and air transportation. East Asia is expected to remain one of the most attractive Deep Tech markets during the forecast period 2022-2032
DUBAI, United Arab Emirates, Nov. 01, 2022 (GLOBE NEWSWIRE) — According to Deep Tech industry analysis by Future Market Insights (IMF), global market demand is expected to grow at a CAGR of 21.8% during the forecast period from 2022 to 2032.
The report indicates that the deep technology market should reach the valuation of US DOLLARS$ 518.2 min by the end of 2022. According to IMF, self-service, repackaging business capabilities, automation running anywhere, any cloud, and using any language for any any skill would enable business users, technical teams, and non-technical team members to meet their needs. problems in a decentralized way.
Companies frequently produce repetitive documents, whether they are press releases, product notes, opinions on hot topics or quarterly financial reports. Natural language generation (NLG) will be useful in producing such repetitive content, and the job of a human copywriter will be to give the tone and tenor of brand communication a unique touch. Going forward, NLG will produce more and more information consistently, requiring only minor manual editing to conform to organizational needs.
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Key points: deep technology market
By technology, the robotics segment is expected to grow at a CAGR of 21.4% in the global deep tech demand over the forecast period 2022-2032.
By company size, adoption of leading-edge technology solutions in SMBs is expected to grow at a CAGR of 14.6% between 2022 and 2032.
Per end-user, adoption of a high-tech solution in healthcare is expected to grow at a CAGR of 17.3% between 2022 and 2032.
North America is expected to dominate the market followed by Europe in 2022. South Asia and Pacific is expected to become the fastest growing region between 2022 and 2032.
“AI labs and engineering teams will move from developing specialized consumable models to developing more broadly applicable platforms and models. analysis of medical notes, text to image and many other things, the new generation of generalized models will make great progress. This is expected to fuel the global demand for advanced technologies during the forecast period,” says the analyst. of the IMF.
Implementation of AI in Synthetic Biology
Especially when it comes to applications that rely on sequential data, like DNA sequence information, neural networks (used in AI) have proven to be quite effective. Biological manufacturing companies, like Zymergen, exploit the protein structures of microorganisms (such as organisms like E. coli), such as those developed by DeepMind, a software company to create things using biology. It is envisioned that data from DeepMind will be used for “synthetic biology”, such as the development of bacteria that can synthesize new compounds and materials more efficiently.
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More Valuable Deep Tech Market Insights
The IMF’s Deep Tech Industry Research Report is segmented into four major sections – by technology (Big Data, Artificial Intelligence and Machine Learning, Language Processing, Robotics, Vision and Speech Algorithm, Quantum Computing and Others). ), company size (SME and large enterprise), end user (BFSI, IT and telecommunications, automotive, healthcare, agriculture and others) and region (North America, Latin America, Europe, East Asia, South Asia and Pacific, and Middle East and Africa), to help readers understand and assess the lucrative opportunities in the deep tech demand outlook.
About Future Market Insights Electronics, Semiconductors and ICT Division
Expert analysis, strategic recommendations and actionable insights – Future Market Insights’ electronics, semiconductors and ICT team helps clients around the world meet their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors and ICT, of which over 100 reports are software-specific, the team provides end-to-end research and analysis on regional trends, market growth drivers and research development efforts in the electronics, semiconductor and ICT industry.
Deep Tech Insights by Category
By business size:
Per end user:
IT & Telecommunications
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1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Key Market Trends
3.1. Key trends impacting the market
3.2. Technological Innovation / Development Trends
4. Price analysis
4.1. Types of pricing models, by technology
4.2. Global Price Analysis Benchmark
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Check out IMF’s extensive coverage at Technology Domain
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