North America Dominates Deep Tech, But WIll It Last? - News Summed Up

North America Dominates Deep Tech, But WIll It Last?


A key finding is that fully 72 percent of the leading deep tech companies are based in North America, 68 percent in the US alone. Africa, Oceania, and Latin America each host around one per cent of the leading deep tech firms. Santa Clara Valley, or Silicon Valley, is the leading deep tech hub globally. The second most important global hub for deep tech is New York, where close to 8 percent of all globally leading deep tech companies are located. North America has particularly strong dominance in the areas of quantum & computing, as well as in pharmaceuticals and artificial intelligence.


Source: The North Africa Journal May 17, 2024 13:38 UTC



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