DeepTech: Technologies with Purpose in Europe

This IDC Market Perspective explores the defining characteristics of DeepTech, emphasizing its research and development intensity, high complexity and its Tech4Good purpose. DeepTech, an emerging category of advanced technologies, has garnered significant attention for its potential to revolutionize industries and address pressing societal challenges. Rooted in the convergence of cutting-edge science and engineering disciplines, DeepTech solutions encompass a wide array of fields, including AI, robotics, biotechnology, and quantum computing. This report defines DeepTech, encompassing both the technologies involved and the type of organizations that provide them, and investigates the current use cases being deployed across European organizations. "Given the complexity and challenges to developing DeepTech solutions, maturity levels in terms of adoption are still relatively low, as the expected realization of DeepTech projects has a longer-term horizon," said Lapo Fioretti, senior research analyst at IDC.