In today’s fiercely competitive business landscape, staying ahead of technological advancements is paramount for companies aiming to achieve sustained growth and innovation. Technology scouting software has emerged as a crucial tool in 2024, enabling businesses to systematically monitor, evaluate, and integrate emerging technologies. These statistics serve as a barometer of technological trends, providing indispensable insights that inform strategic planning and investment decisions.
The data on technology scouting software usage and trends in 2024 is particularly valuable to a wide array of stakeholders, including corporate executives, innovation managers, R&D teams, and industry analysts. For these professionals, understanding the emerging patterns in technology adoption and innovation can lead to more effective resource allocation, improved competitive positioning, and accelerated product development cycles. This ensures that they can capably navigate the complexities of the modern market and seize new growth opportunities as they arise.
Ultimately, these statistics act as a vital tool for enhancing decision-making and shaping robust business strategies in an era defined by rapid technological change. By delving into the specifics of technology scouting software, stakeholders can make data-driven decisions that align with both current and future industry dynamics, positioning their organizations for success in an ever-evolving economic environment.
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Top Technology Scouting Software Statistics 2024
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Technology Scouting Software Market
- The global technology scouting software market size was USD 105 million in 2022 and is projected to touch USD 384 million by 2032, at a compound annual growth rate (CAGR) of 12.8% from 2022 to 2032. [?]
- As of 2021, North America had the highest share of the global market for technology scouting software, and it is expected that it will hold this position throughout the forecast period. [8]
- In the market for technology scouting services in North America in 2021, the US will have the highest shareholder country status. [8]
- The largest market share in North America in 2021, according to industry, is held by computer science and IT. [8]
- In the market for technology scouting software worldwide in 2021, Asia Pacific has the greatest CAGR. [8]
- Over the research period, the technology scouting software market size will be reaching USD 384 million by 2032. [8]
- The technology scouting software market size is expected to exhibit a CAGR of 12.8% by 2032. [8]
- COVID-19 has had a short-term impact on the size of the worldwide technology scouting software industry, affecting various end-users. [8]
Innovation And Technology Trends
- The National Economic Impact of the MEP Program Fiscal Year 2019. [1]
- MEP at 30: Looking Back at the Four Eras of Manufacturing. [1]
- The buzz became a roar with the introduction of Docker 1.0 in June 2014. [2]
- Over 3.5 million programs have been containerized using Docker technology, and over 37 billion containerized applications have been downloaded. [2]
- Organizations are not only containerizing more programs, but they are also running more containerized apps in production as of 2020. [2]
- In the last two years (from 2020 March), the percentage of enterprises with more than half of their containers running in production increased by 32%, from 22% to 29%. [2]
- Organizations that use fewer than 10% of their containers in production have decreased from 39% to 28% over the same time period. [2]
- After the pandemic in 2020, many open-source projects and Internet corporations adopted a collaborative paradigm, forcing all software development teams to embrace new ways of working together almost instantly. [2]
- A 2020 study of hundreds of Docker developers found that 51% prefer to work largely remotely, with only a small percentage preferring to work in an office if/when given the option. [2]
- In 2020, the use of microservices systems increased manifold due to work from home during the pandemic. [2]
- 65% of the developer community says their companies are already using microservices as of 2020. [2]
- In April 2020, Docker announced that the Compose Specification has been open-sourced as a distinct organization on GitHub with open governance. [2]
- Since 2015, NGINX has been a consistent leader in image usage on this list. [2]
- The application container market is predicted to grow at a 29% CAGR from 2021 to 2026. [2]
- The majority of organizations that adapt to containers did so within 30 days of first production use, and almost all of the remaining adopters converted within 60 days. [2]
- As of 2020, there are more than 12,000 companies using Docker. [2]
- Companies that use Docker typically have 1,050 people and a revenue range of $1 million to $10 million. [2]
- The size of the organization varies from 200 to 10,000+ employees. [2]
- IT professionals in 2024 will constantly be learning, unlearning, and relearning out of necessity. [3]
- The global AI market is expected to reach a value of $267 billion by 2027, with a projected CAGR of 37.3% from 2023-2030. [3]
- AI is expected to contribute a total of $15.7 trillion to the global economy by 2030. [3]
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Ai And Machine Learning
- AI coding assistants are improving the productivity of knowledge workers by approximately 2x. [4]
- AI training cost declines have continued at an annual rate of 70%, with the cost to train a large language model to GPT-3 level performance collapsing from $4.6 million in 2020 to $450,000 in 2022. [4]
- ARK expects AI training costs to continue declining at a 70% rate through 2030. [4]
- AI is expected to increase the productivity of knowledge workers more than four-fold by 2030. [4]
- At 100% adoption, AI could increase global labor productivity by approximately $200 trillion, dwarfing the $32 trillion in total knowledge worker salaries. [4]
- AI software could generate up to $14 trillion in revenue and $90 trillion in enterprise value by 2030 if vendors capture 10% of the value created by their products. [4]
- In 2022, digital leisure spending totaled $6.6 trillion and is expected to grow at a compound annual rate of 17% to $22.5 trillion by 2030. [4]
- Nearly 40% of Gen Z consumers prefer to search on TikTok and Instagram over Google Search and Maps. [4]
- Daily hours worked globally could decline by 0.9% on average at an annual rate during the next five years due to productivity gains associated with generative AI. [4]
- ARK believes consumers will reallocate extra time to online activities, increasing the share of total waking hours spent online from 39% in 2022 to 53% in 2030. [4]
- In 2022, TikTok and Facebook were roughly equal in engagement hours, which could mark the peak in traditional follow-and-feed social media. [4]
- TikTok accounted for only $10 billion, or 2% market share, of the estimated $470 billion spent on search, video, and social ads in 2022. [4]
- Global NFT transaction volume is forecasted to grow more than five-fold from $22 billion today to $120 billion by 2027. [4]
- Global consumers spent 21% of their $31 trillion leisure budget on digitally-facilitated goods and services in 2022. [4]
- Digital wallets could transform the economics associated with traditional payment transactions, saving nearly $50 billion in costs. [4]
- With 3.2 billion users, digital wallets have penetrated 40% of the global population. [4]
- The number of digital wallet users is expected to increase at an annual rate of 8%, penetrating 65% of the global population by 2030. [4]
- Digital wallets facilitated 49% of e-commerce transactions in 2021, up from 18% in 2016. [4]
- Digital wallets facilitated 29% of offline transactions in 2021, nearly double the 16% in 2018. [4]
- Closed-loop transactions could account for more than 50% of digital wallet payments by 2030. [4]
Cloud And Containerization
- Organizations are increasingly using cloud-native platforms that support data management, analytics, and machine learning. [5]
- It is estimated that the global cloud microservices platform market will generate $4.2 billion in revenue by 2028, up from $952 million in 2020. [6]
- GitHub has more than 200 million code repositories and expects 100 million software developers by 2025. [6]
- Nearly 90% of developers already use APIs. [6]
- Software sourced by companies from cloud-service platforms, open repositories, and software as a service (SaaS) is growing at a CAGR of 27.5% from 2021 to 2028. [6]
- One pharmaceutical company grew its low-code platform base from eight users to 1,400 in just one year. [6]
- Business users outside of IT are now building applications with thousands of monthly sessions. [6]
- Companies that empower citizen developers score 33% higher on innovation compared with bottom-quartile companies that don’t provide that level of support. [6]
Iot And Edge Computing
- By 2025, it is estimated that 50 billion devices will be connected to the Industrial Internet of Things (IIoT). [6]
- 70% of manufacturers are expected to be using digital twins regularly by 2022. [6]
- Edge computing market value worldwide is projected to grow significantly from 2019 to 2026. [7]
- Number of IoT connections worldwide is expected to increase from 2022 to 2033, with forecasts to 2030. [7]
- Key drivers for deploying edge data centers worldwide include sustainability concerns. [7]
- Most anticipated connections between edge computing types in 2023. [7]
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Sources
- nist – https://www.nist.gov/mep/technology-scouting
- scoutapm – https://scoutapm.com/blog/docker-adoption
- simplilearn – https://www.simplilearn.com/top-technology-trends-and-jobs-article
- zdnet – https://www.zdnet.com/article/14-innovation-trends-with-exponential-growth-potential-arks-big-ideas-2023/
- databricks – https://www.databricks.com/blog/2021/05/06/mit-tech-review-study-building-a-high-performance-data-and-ai-organization-the-data-architecture-matters.html
- mckinsey – https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/tech-at-the-edge-trends-reshaping-the-future-of-it-and-business
- statista – https://www.statista.com/statistics/1446661/impact-new-technology-business-performance/
- businessresearchinsights – https://www.businessresearchinsights.com/market-reports/technology-scouting-software-market-102134