Technology Convergence Report 2025

Actors searching for competitive advantage respond by investing in R&D leading to genesis of new sub- domains and/or pushing existing sub-domains further down the custom-to-product-to-commodity maturity level.This creates new demands from existing technologies and their sub-domains. Growth in competition and adoption create new demands from the market. Complementary capabilities come together to solve a key problem or create new solutions Specific technologies come togetherWhen technologies converge, they drive each other’s evolution and maturity.Market adoption increases with high-priority applications starting to be built. As specific sub-domains mature and advance, application costs decrease. Value chains convergeIntegration with other tech subdomains – via application programming interfaces (APIs), platforms – lead to new solutions being built. Plug-and-play capabilities are seen.Value creation is driven by performance multiplication, cost optimization and/or new market potential via market overlap. New standards begin to be established (data format and availability, integration frameworks, quality metrics, tech-stack protocols). Commercial readiness (partnerships, capital flow and investment, scalable business model).Multiplicative enhancement of capabilities that can create exponential impact Upstream impacts affect supplier operations, costs, practices, skill demands and input needs, influencing pricing, resources and economic conditions.Ecosystem begins to align with partner networks, accelerating adoption and competition. Ecosystems evolve Network effects and market expansion potential drive unit cost economies and top-line growth.combine Technologies Functional merge of overlapping capabilitiesconverge Value chains Compound benefits emergeThe 3C FrameworkThe 3C Framework’s circles build upon each other, creating feedback loops that further fuel technological advancement and market evolutionFIGURE 2 7 Technology Convergence Report