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 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.
Numerous companies are gearing up to improve and expedite their strategic operations. By comprehending the significant disruption this entails, businesses are already making strides towards achieving their objectives.
India’s recycling and waste management industry will grow at a CAGR of almost 12% from 2022 to 2027, with a more than $2.26 billion market.
The global semiconductor industry is estimated to grow at a CAGR of 21% from 2022 to 2027 and is expected to be more than US$1.6 trillion by 2027.
The metaverse market is expected to grow to US$ 525 billion by 2027 from US$ 65 billion in 2022, at a CAGR of 52% during 2022-27.