The cabinet media centre said the value of deep technology market is estimated to record about $3.8 billion between 2022 and 2023; an annual growth rate of 21.8 per cent.
The centre detailed in a report issued on Thursday that the value of the world’s deep technology market amounted to $431.1 million in 2021.
The report covered estimations on the growth rates of robotics and application of deep technology in the domains of healthcare and robotics, among others.
In the Middle East and North Africa (MENA) region, the numbers of start-ups working in deep technology field went up to 31 new start-ups with nearly $32.5 million in the past nine months that ended in September 2021, including 10 start-ups in Egypt, the report added.
