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Q4 2022
PitchBook Analyst Note: 2023 Industry and Technology Outlook
December 21, 2022
What's in store for emerging tech?
VC investment in emerging technologies last year didn't match the frenzy of 2021, but key sectors saw strong interest and could reach new heights in 2023. Amid the combination of a deeply uncertain market and tech's incredible capacity for innovation, the future looks interesting indeed.
Our 2023 Industry and Technology Outlook outlines analyst forecasts across 12 sectors in emerging tech, including climate tech, crypto, foodtech, and more:
Table of contents
VC investment in emerging technologies last year didn't match the frenzy of 2021, but key sectors saw strong interest and could reach new heights in 2023. Amid the combination of a deeply uncertain market and tech's incredible capacity for innovation, the future looks interesting indeed.
Our 2023 Industry and Technology Outlook outlines analyst forecasts across 12 sectors in emerging tech, including climate tech, crypto, foodtech, and more:
- US VC investment in climate tech will reach a new peak, driven by federal support in the Inflation Reduction Act.
- Crypto VC funding will bottom out in H1 but move higher later in the year.
- Cultivated proteins will draw record funding next year as the US nears regulatory approval.
- Information security leaders will make multiple data security acquisitions as they seek to consolidate their positions in the market.
Table of contents
| Agtech | 2 |
| Artificial intelligence | 4 |
| Climate tech | 6 |
| Crypto | 8 |
| E-commerce | 10 |
| Foodtech | 13 |
| Information security | 15 |
| Insurtech | 17 |
| Internet of things | 19 |
| Mobility tech | 21 |
| Retail fintech | 23 |
| Supply chain tech | 26 |