The ‘2021 Technology Convergence Scenarios’ is a powerful technology foresight research built on the ‘Top 50 Emerging Technologies & Growth Opportunities’ program. This research is an effort at analyzing the Top 50 emerging technologies, and the strength of interconnects between these technologies to potentially combine with each other. The impact of these probable scenarios is underlined by their capability to:
- Address unmet application/sector/market needs
- Create new products/services/solutions due to the uniqueness of their combined potential
- Drive unlikely players from diverse industries to work with each other
- Accelerate multi-billion dollar market opportunities
It is a unique output aimed to foresee and assess the top technology-driven convergence scenarios based on 2 key factors (underlying these factors other softer parameters were also considered):
- Degree of success probability and
- Degree of impact on applications/markets/sectors
- For each of the top convergence scenarios profiled (that were picked from a long list of 100+ scenarios generated), insights on the following aspects have been generated to appreciate the strength and opportunities behind them:
- Individual technologies driving the scenarios and their Technology Readiness Levels (TRL)
- Technology trends and key initiatives
- Noteworthy funding deals and patenting trends
- Key market challenges and opportunities
- Impact on applications, products and services, business models, industries
- Point of actions for technology and product developers