Topics In Demand
Notification
New

No notification found.

Sandboxing Into the Future – Decoding Technology's Biggest Bets

December 7, 2022 18056 0 Emerging Tech

Sandboxing Into the Future – Decoding Technology's Biggest Bets

Emerging technologies are redefining thedigital universe and arebecoming a business imperative for companies worldwide. NASSCOM and BCG have jointly conducted research and developed perspectives on the biggest bets in technologies that can potentially disrupt markets in the next 3-5 years – across regions and verticals – on the basis of current tech spending, growth potential, innovation maturity, and funding momentum. Of 28 technologies across 11 tech families, 12 such “big bet” technologies have been identified – Autonomous analytics, AR & VR, Autonomous Driving, Computer Vision, Deep learning, Distributed Ledger, Edge Computing, Sensor Tech, Smart Robots, Space Tech, Sustainability Tech, and 5G/6G.

18056

0

Download

Key Findings:

Technologies of the Future

  • Global market comprises of technologies at varying levels of maturity, reflecting differentiated momentum
  • Three key vectorsof enterprise IT spending, private investments & innovation/R&D, drive the differentiation
  • 12 technologies emerge with high funding momentum and R&D focus, and are expected to disrupt the market over the next 3-5 years

Regional and Vertical Technology Focus

  • Certain verticals demonstrate higher adoption of technologies that themselves have a cross-vertical adoption trends, such as autonomous analytics
  • Customized use-cases are a key factor driving the adoption of vertical-focused technology disruption
  • Regional focus areas vary significantly, from autonomous driving for North America, to 5G/6G and smart robots in APAC

Buyer’s Perspectives

  • Buyers expect the share of emerging technologies in IT budgets to grow 3x over medium to long term, driven by increased focus on innovation and higher efficiency of these technologies
  • Technologies that are attracting more investments are the ones where buyers are beginning to see enterprise-wide use cases come to life
  • While large buyersare concentrating on a mix of technologies, smaller buyers are being selective, prioritizing niche tech

Technology Industry Leaders’ Perspectives

  • Indian & Global tech firms highlighted differing priorities, with focus on a mix of broad-based and niche-focus technologies
  • Large tech firms are diversifying bets by focusing both on technologies with defined use cases, as well as, nascent technologies, to gain leadership position
  • Mid-size firms and digital firms are being selective on big bets, either focusing on few niche areas or going deep in select technologies to increase their chances of winning

Community by nasscom Insights is focused on building the largest online community catering to the Indian technology sector. The purpose of the community is to bring the latest trends and discussions onto a single platform. Our passion for tech drives the free-flowing exchange of ideas and visions from industry leaders and game-changers across India.



LATEST REPORTS

© Copyright nasscom. All Rights Reserved.