Tech Strategy Report

THE WHY

TALENT

ECOSYSTEM

GROWTH

RESOURCES

Digital Transformation Connecting Businesses & Tech Attract & Grow Existing Tech Market Tech Hub

Overview

The tech industry is the fastest- growing sector of today’s economy. During the past decade, high-tech software and service companies grew at a rate far surpassing other industry sectors. Most of the 1,000 companies deemed “unicorns” —businesses valued at $1 billion or more—are involved in the tech sector. Fintech, internet software and services, and e-commerce comprise half of the so-called “herd” as of February 2022. 1 Furthermore, tech firms consistently drive venture capital deal flow with fields including cybersecurity, healthtech, and fintech expected to lead deal activity for years ahead. 2

Travel

Auto & Transportation

Health

Edtech

Fintech

Data Management & Analysis

2022

Artificial Intelligence

TOP 50 Most Valuable Unicorn Companies By Industry

Consumer & Retail

Internet Software & Services

Hardware

Supply Chain Logistics & Delivery

E-Commerce & Direct-to-Consumer

Other

Tech Company Expansion into Diversified US Markets Plus-Circle

1 CBInsights. “1000 Unicorn List” Click To View

2 KPMG Venture Pulse Q1 2022.

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