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Overview
Frontier Technologies Driving the Economy
From advancements in artificial intelligence, data analytics, and robotics to the emergence of vehicle electrification and blockchain, innovation is at the heart of technology. A 2021 report published by the United Nations Conference on Trade and Development (UNCTAD) identified 11 frontier technologies researchers expect to drive the future economy. 1 These technologies represented a global industry of $350 billion in 2018 and could reach $3.2 trillion in 2025.
2018
2025
3.7 Gene Editing
9.7 Gene Editing
1 Nanotechnology
2.2 Nanotechnology
10 3D Printing
44 3D Printing
0.7 Blockchain
61 Blockchain
16 AI
191 AI
277 5G
0.6 5G
32 Robotics
499 Robotics
Billion $350
Trillion $3.2
32 Big Data
157 Big Data
130 loT
1500 loT
Solar PV 54
Solar PV 344
69 Drones
141 Drones
1 NCTAD. Technology and Innovation Report 2021
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