Disruptive Startups to Watch Out for in 2022 & Beyond
Published: 05 July 2022Code: GDRC0505
Disruptive Startups to Watch Out for in 2022 & Beyond
2021 was a record-breaking year with more businesses breaking into the billion-dollar club. Many startups have achieved or retained the unicorn status by the end of the year to reflect nearly a fivefold growth from that in 2020. The boom can be linked to a financing frenzy spurred by the quick adoption of technology and innovative solutions by startups gaining traction in response to the COVID-19 pandemic.
However, the startup ecosystem is now facing turbulent times for fundraising as investors seek long-term business strategies, valuations, and a route to profitability amid uncertain market circumstances. Nevertheless, 2022 has the potential to carry forward the momentum with multiple entities having a fair chance of being in the right place when aided by the right technologies.
GlobalData manifests how 2022 has seen the inception of new unicorns amid all the geo-political developments:
Reasons to read: GlobalData leverages the power of alternative data to examine the health of startups across multiple dimensions including the quality of their innovations, market presence, and the funding they can attract. This helps our clients to analyze the disruptive potential of startups for early alliances, investments, and acquisition prospects to develop future-proof strategic roadmaps for a competitive advantage.
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