San Francisco, 16 December 2016 – “For the tenth year running, it’s again a pleasure to present the ten trends that we believe will shape the technology industry in 2017. As always, this is a collective effort of all the best, and sometime most radical, thinking from all of the professionals worldwide in both our advisory and investment organisations.” – Per Roman, Managing Partner.
The research – Technology Predictions 2017 – finds that Artificial Intelligence is poised to have the greatest impact on the global technology sector. Artificial Intelligence will experience widespread consumer adoption, particularly as Virtual Personal Assistants such as Apple Siri and Amazon Alexa grow in popularity as well as automation of repetitive data-driven tasks within enterprises.
Online streaming and e-sports are also significant market opportunities in 2017 and there will be a marked growth in the development of content for VR/AR platforms. Meanwhile, automated vehicles and Fintech will pose longer-term growth prospects for investors.
The report also examines the growth of Europe’s unicorn companies. It highlights the potential for several firms to reach a $10 billion valuation and become ‘decacorns’, including BlaBlaCar, Farfetch, and HelloFresh.
Alec Dafferner, Partner, GP Bullhound, commented: “The technology sector has faced up to significant challenges in 2016, from political instability through to greater scrutiny of unicorns. This resilience and the continued growth of the industry demonstrate that there remain vast opportunities for investors and entrepreneurs.
This report lays out a blueprint for the growth of the sector in 2017. From rapidly changing sectors to longer-term prospects, this research outlines the key trends that will underpin success in the coming year.”
The research is compiled through analysis of global investment data alongside the expert insights of GP Bullhound’s worldwide team, leading investors, and entrepreneurs.
To download the full report, please click here.
For any inquiry, please contact Alec Dafferner at firstname.lastname@example.org or Chris Park at email@example.com
About GP Bullhound
GP Bullhound is a leading European technology investment bank with a passion for entrepreneurship. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester and Paris. The firm’s advisory team has completed over 230 M&A and Capital transactions to date, working with category leaders including Essence, Avito, Delivery Hero, Fjord, King Digital Entertainment, Pingdom, Innogames, Spotify and many more. Through its principal investment team, GP Bullhound provides institutions, family offices and entrepreneurs with access to some of the most ambitious privately-held technology and media companies in Europe. The firm’s events and speaking activities bring together thousands of Europe’s leading digital entrepreneurs and technology investors throughout the year, and its thought-leading research is read by decision makers globally, and regularly cited in leading newspapers and publications. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound