APIs are transforming the financial industry by enabling seamless data exchange, enhancing customer experiences, and promoting open banking. While raising concerns about security and compliance, APIs foster connectivity, scalability, and efficiency, creating new business models and opportunities.
Digital twins are virtual models that simulate the behaviour and predict the performance of physical objects or systems. The market for digital twins in Industry 4.0 is expected to grow to over $145 billion by 2030.
DeepTech leads technological innovation, offering solutions to global challenges. AI, quantum computing, and biotech can address healthcare, energy, and sustainability.
Promising startup sectors include blockchain, synthetic biology, AI, space, and sustainability. These areas have grown due to secure systems, biotech advances, AI demand, space exploration, and sustainability needs.
India's successful Moon landing unlocks new job opportunities and positions the country as a dominant player in the space economy. It can generate millions of jobs and boost revenue in the space tourism industry.
3D bioprinting creates living tissues and organs for personalized medicine, drug testing, and regenerative therapies. It mimics human tissues and advances organ transplantation, disease modeling, and treatment development.
Energy-as-a-Service (EaaS) provides sustainable and cost-effective energy solutions. It offers flexibility, integrates technology, and has regulatory support. By embracing EaaS, we can contribute to mitigating climate change and achieve a sustainable future.
Healthcare wearables will reach $70B by 2028, driven by health awareness and remote patient monitoring. They provide personalized health data and are used in space, defence, sports, and more. New developments include Astroskin, WHOOP and Elbit Systems devices.
Generative AI is a tool that helps businesses create unique content and improve efficiency. It needs human guidance and relies on existing data. Generative AI can be used in finance, healthcare, engineering, and other industries, giving businesses a competitive edge.
Web 3.0 is the new internet, using blockchain, AI, and NLP. Marketing needs user content, privacy, community building, and NFTs for immersive experiences.
The size of the Global Pharmaceutical Manufacturing Market is expected to cross US$ 1 Trillion by 2030, with an expected CAGR of more than 10% from 2023 to 2030.
The Indian Green Hydrogen market is in a very nascent stage, with a market size of around $1 billion in 2022. The market is expected to grow at a CAGR of more than 35% by 2030 and reach $12 billion.