THE $10 TRILLION OPPORTUNITY

"...emerging technologies will add over 10 trillion US dollars worth of business opportunities, ranging from low-hanging fruit to game-changers..."

TECHNOLOGY-ENABLED BUSINESS OPPORTUNITIES

 

Over the next decade, emerging technologies will add over

10 trillion US dollars

to the global economy.

 

This growth will not result from business-as-usual processes, but will primarily result from new, technology-enabled business opportunities. From low-hanging fruit that address current yet unmet market demands, to game-changers that open up new markets, all this will be achieved through new innovative products and services. Our unique expert consulting model and our four-step process will allow you to launch such products and services quickly and successfully, future-proofing your market position.

Below we provide a selection of significant high-impact opportunities that should be part of your growth agenda today.

CHEMICALS & MATERIALS

$85 billion

Market opportunity for innovative construction chemicals in adhesives, sealants, insulation, and other types of compounds by 2023.

$120 billion

Market opportunity for plastics and petrochemicals derived from materials recovered from plastic waste in the United States and Canada alone.

50%

Savings on lifetime cost of conventional concrete by using self-healing concrete to eliminate a majority of maintenance costs.

ENERGY & POWEr

$300 billion

Investment in renewable sources of electricity till 2025, almost three times the investment in fossil-fuel generation.

$250 billion

Market opportunity in services to electric vehicle owners, such as self-charging and smart maintenance stations by 2025.

$200 billion

Market opportunity by 2027 for alternative powertrains driven by hybrid-, full battery electric-, hydrogen fuel cell-, and compressed air-based technologies.

MOBILITY

$100 billion

Market opportunity for Vehicle-to-everything (V2C) applications, through the innovative communication technologies such as 5G.

$17 billion

Annual revenues from ~46 billion trips that will be booked through urban mobility platforms in the U.S. and Europe by 2035.

$135 billion

Cost savings to the trucking industry from the introduction of autonomous vehicles.

OIL & GAS

$800 billion

Market opportunity that could grow around the utilisation of captured CO2 gases by 2030.

$900 billion

Total impact of IoT sensors and devices through reducing costs, improving efficiencies, advancing health and safety, and complying with regulation.

82%

of Oil & Gas executives believe their current business models will be unrecognisable in five years.

PROFESSIONAL & FINANCIAL SERVICES

$490 billion

Cost savings by 2030 in front office banking applications through the adoption of artificial intelligence technologies. 

90%

Cost reduction in manual reviews of documents delivered by natural language processing.

40%

Cost reductions from using self-optimising smart-factories that improves energy consumption, material losses, maintenance and logistics operations.

UTILITIES

$900 billion

Investment in water treatment solutions by 2025.

$75 billion

Cost savings through IoT-based predictive maintenance technologies for water utility applications by 2023.

$4.5 trillion

market size of the Circular Economy by 2030.

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