by Louis Basenese
Tech Mega Trend #1 — Rise of the Machines: The Biggest Tech Revolution of the 21st Century
In 2016, venture capital firms poured $1.95 billion into robotics-related startups — up a staggering 50% from the prior year. More staggering still, over the next decade, worldwide spending on robotics is set to more than double from $26.9 billion to $66.9 billion.
Tech Mega Trend #2 — The Meteoric Rise of Electric Cars
Global electric vehicle (EV) sales currently account for less than 1% of total sales. But within 15 years, Morgan Stanley analysts predict that EV sales could eclipse gas-powered cars.
Tech Mega Trend #3 — Cybersecurity: The Undisputed “Trade of the Decade”
Worldwide cybersecurity spending totaled less than one-tenth of 1% of global gross domestic product (GDP) last year. In comparison, military spending as a percentage of GDP has routinely averaged close to 3–4% per year.
Yet cyberattacks are soaring by as much as 40% annually.
The total spending is set to eclipse $100 billion this year and continue growing by at an annual clip of about 10%.
Source: Wall Street Daily
http://dailytradealert.com/2017/12/26/q ... de-decade/