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Deep tech market revenue to reach USD 431.1 million in 2021

DUBAI, United Arab Emirates, Nov. 1, 2022 (GLOBE NEWSWIRE) — Global market demand is expected to grow at a CAGR, according to a Deep Tech industry analysis by Future Market Insights (FMI). 21.8% During the forecast period from 2022 to 2032.

The report says the deep tech market is set to reach a valuation of USD$ 518.2 man By the end of 2022. According to FMI, empower business users, technical and non-technical team members by leveraging self-service, repackaging of business functions, automation to run anywhere, any cloud, and any language for any ability. will be able to address the issue. decentralized problem.

Businesses frequently produce repetitive materials such as press releases, product notes, opinion pieces on hot topics, and quarterly financial reports. Natural Language Generation (NLG) can help create this kind of repetitive content. A human copywriter’s job is to give a unique touch to the tone and tenor of brand communication. In the future, NLG will be able to consistently produce more information with only minor manual edits to meet organizational needs.

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Key Takeaways: The Deep Tech Market

  • By technology, the robotics segment is expected to grow at a CAGR. 21.4% Global demand for deep tech during the forecast period 2022-2032.
  • By company size, the adoption of deep technology solutions by SMEs is expected to grow at a CAGR. 14.6% Between 2022 and 2032.
  • According to end-users, the adoption of deep technology solutions in the healthcare industry is expected to grow at a CAGR. 17.3% Between 2022 and 2032.
  • North America is expected to lead the market, followed by Europe in 2022. South Asia and the Pacific is expected to emerge as the fastest growing region between 2022 and 2032.

“AI labs and engineering teams will evolve from developing specialized consumable models to developing more broadly applicable platforms and models: text summarization, medical note parsing, text-to-image conversion. The new generation of generalized models will make considerable progress when it comes to solving thorny problems like , , and many more, which is expected to boost the demand for deep tech globally during the forecast period. said an FMI analyst.

Implementing AI in Synthetic Biology

Especially for applications that rely on sequential data such as DNA sequence information, neural networks (used in AI) have proven very effective. Biomanufacturing businesses like Zymergen make use of protein structures from microorganisms (organisms such as E. coli), such as those developed by DeepMind, a software company that uses biology to create things. DeepMind data is envisioned for “synthetic biology,” such as developing bacteria that can synthesize new compounds and materials more efficiently.

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More Valuable Insights on the Deep Tech Market

FMI’s report on its research into the deep tech industry is divided into four categories: technology (big data, artificial intelligence and machine learning, language processing, robotics, vision and voice algorithms, quantum computing, etc.), company size (SMEs and large enterprises). It is divided into two main sections. Enterprises), end users (BFSI, IT & Telecommunications, Automotive, Healthcare, Agriculture, etc.), and regions (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa). Readers will understand and appreciate the lucrative opportunities in deep technology demand outlook.

About Future Market Insights Electronics, Semiconductors & ICT

Expert analysis, strategic recommendations and actionable insights – Future Market Insights’ electronics, semiconductor and ICT team assists clients around the world with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which over 100 are specifically on software, the team provides end-to-end insights into regional trends, market growth drivers, and R&D efforts. provides research and analysis of electronics, semiconductor, and ICT industries.

Deep Tech Outlook by Category

By technology:

  • big data
  • artificial intelligence and machine learning
  • language processing
  • robotics
  • visual and audio algorithms
  • quantum computing
  • others

By company size:

By end user:

  • BFSIMore
  • IT and communication
  • Automobile
  • Health care
  • Agriculture
  • others

By region:

  • North America
  • latin america
  • Europe
  • east asia
  • South Asia and Pacific
  • Middle East and Africa (MEA)

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table of contents

1.executive summary

1.1.Global market outlook

1.2. Demand Side Trends side trends

1.4.Analysis and recommendations

2. Market Overview

2.1. Market Scope/Taxonomy


3. Major market trends

3.1. Key trends impacting the market

3.2. Technological innovation and development trends

4. Price analysis

4.1. Types of Pricing Models by Technology

4.2. Global Price Analysis Benchmark

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See FMI’s extensive coverage on technology domain

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About Future Market Insights

Future Market Insights, Inc. is an ESOMAR accredited business consulting and market research firm, a member of the Greater New York Chamber of Commerce and headquartered in Delaware, USA. Winner of the Clutch Leaders Award 2022 for our high client score (4.9/5), we have worked with global companies on their business transformation journeys and helped them realize their business ambitions. Our clients are 80% of the largest Forbes 1000 companies. We serve global clients across all major and niche market segments in all major industries.

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