Predicting the future is hard and risky, especially in the case of emerging digital technologies. With the rapid technological changes happening around us, it’s clear that businesses need to look at the world through a new lens and adopt a refreshed strategy on these technologies.
We have identified the top emerging technology trends that hold the most promise for your business -
Web 3.0 – one of the emerging technologies in India – comprises a decentralised web and when we talk about decentralisation, Blockchain comes at the top of its stack. Blockchain has garnered substantial hype by the proliferation of multiple cryptocurrencies, notably Bitcoin and Ethereum.
Whether or not you are a technology enthusiast, by now, you would surely have heard about one of the emerging technologies – the ‘metaverse’. In 2020, the global metaverse market was estimated to be worth US$47.69 billion, and it is expected to grow at a compound annual growth rate (CAGR) of 43.3% to reach US$828.95 by 2028.
Quantum computing – one of the emerging technologies in India – applies quantum physics concepts like superposition, quantum interference and entanglement for computation. This emerging technology is extremely advantageous as they can outperform supercomputers.
It is an emerging information technology which is distributed in architecture in which client data is processed close to the originating source at the periphery of the network. It saves bandwidth, has lowest latency and is decentralised.
The Fifth generation (5G) of wireless technology is one of the fastest and most robust emerging technologies in the world. It provides higher speed, greater capacity and lower latency than its predecessor 4G LTE technology.
The PwC India Blockchain Lab is a center of innovation, ideation and extensive research that serves to empower organizations and set the stage for future growth by leveraging the disruptive power of distributed ledger technology.
Generative AI language models have gained popularity across the globe. According to a report, the generative AI market is expected to have around 30% of outbound marketing messages from large organisations in 2025 as compared to a 2% in 2022. The increasing demand for generative AI models for applications such as image and video generation, chatbots and content creation will help the market to achieve a significant growth in the coming years.
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4:43
Business Trendspotting: Web 3.0
Explore how Web 3.0 can build digital trust and revolutionise business functions with Arnab Basu, Partner and Leader, Advisory, PwC India.
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3:37
Metaverse
Explore the future of metaverse and how this emerging technology will bring the physical and digital together across sectors.
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3:10
5G
How will the revolutionary 5G technology – one of the latest emerging technologies – impact consumers and businesses? How will it bring people together and specifically impact India’s growth? Our Advisory leader Arnab Basu explores the possibilities in the launch episode of our new series Business Trendspotting.
How we can help you put new emerging technologies to work
Technology Tinkering Lab
We, the Emerging technology team at PwC, are here to support you in your digital businesses to explore new potential and identify opportunities – by keeping up with the latest technological advancements – that can have a force-multiplying effect on innovations which accelerate growth and strategically drive your organisation ahead.
Strategy and research
Join our Strategy and research community to proactively identify most promising technology trends & develop an understanding of the impact of your business
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