Connect with us

Tech

Tech Can Catalyze US$15 Trillion Annual Markets Across the World and Solve the UN SDGs

Published

on

Tech Can Catalyze US Trillion Annual Markets Across the World and Solve the UN SDGs

A new report from Force for Good—”Technology as a Force for Good, 2025 Report”— highlights the transformative potential of technology to catalyze and create new markets, drive sustainable development, and create a secure and superior future for all. 

Key Findings: 

  • Nine “Big Ideas”: Innovative, technology-enabled solutions have the potential to drive global United Nations Sustainable Development Goals (SDG) progress to nearly 90% from the current 66%, addressing the annual US$14-17 trillion SDG funding gap. 
  • Massive Economic Opportunity: The deployment of these solutions globally can unlock a US$15 trillion annual market opportunity across trade,  consumption, and investment, and for 30 countries creating opportunities exceeding US$100 billion each. 
  • Digital Inclusion: Universal technology access could digitally empower over 4.4 billion people worldwide, breaking structural barriers and enabling participation in the digital economy. 
  • 19 Core Technologies: Emerging and rapidly scaling technologies, including Artificial Intelligence, Renewables and IoT, are projected to generate US$61 trillion in economic value by 2030, shaping the future of economies and  societies. 
  • Geopolitical Rivalries: The global race for technological dominance,  particularly between the U.S. and China, but also critical to Europe and India the other great power blocs, will determine the balance of power and the trajectory of the future, highlighting the importance of collaboration over competition. 

The report highlights Nine “Big Ideas” grounded in proven, scalable solutions drawn from public, private, and non-profit sectors, as the key to unlocking new markets,  particularly across the Global South. These ideas prioritize inclusivity and sustainability, aligning with global development objectives. Technologies such as AI, Big Data, IoT and Renewables are already rapidly scaling, creating markets and impact in areas such as healthcare delivery, renewable energy optimization, and financial inclusion. 

Digital inclusion remains central to the vision, with an urgent need to bridge the gap for over 4.4 billion people who are currently not meaningfully participating in the digital  economy. Strategies outlined include deploying affordable infrastructure, fostering digital literacy, and promoting regulatory frameworks that support equitable access.

The estimated US$15 trillion market potential spans industries and geographies, highlighting opportunities to transform development challenges into commercially viable markets. Key sectors identified include food systems, clean energy, gender equality initiatives, and inclusive digitization, each offering multi-trillion-dollar opportunities. Creating these markets requires countries to embrace more open,  transparent and friendly markets to attract international providers that can implement  large scale transformative solutions. 

“This report offers a roadmap for transforming global challenges into opportunities. By embracing scalable solutions and leveraging technology, we can create a sustainable,  secure, and superior future that leaves no one behind. To do so, governments around  the world need to switch from unmet needs to creating policies that unlock  opportunities,” said Ketan Patel, Chair of the Advisory Council. 

Technological leadership also emerges as a critical factor in geopolitical dynamics. While U.S. companies currently lead in investment and innovation across nearly all of  the most critical technologies, the report identifies potential shifts in global power as China and the EU intensify their focus on emerging technologies like quantum  computing and fusion. 

The transition to the Information Age is not without risks. Economic upheaval, social fragmentation, and geopolitical conflict pose significant challenges. However, the report emphasizes the transformative power of collaboration, public, private, and multilateral efforts must converge to manage this transition effectively and equitably.

Continue Reading