The United States and China are expected to lead with the newest technology innovations, a KPMG survey has said, showing a lack of belief in Africa as a market leader.
Published today (Friday), the 2013 Technology Innovation Survey made predictions on disruptive technology with an international impact.
Although participants included residents of Europe, Middle East and Africa (EMEA), the findings do not point to any great confidence in innovation from the continents.
Faith in the United States as a leading tech country was at 37 per cent, while China and India gained 24 and 10 per cent respectively.
Emerging market Singapore gained six per cent of votes, while two per cent of respondents have hopes for Russia.
The UK was the only country in Europe expected to be an area of promise, with one per cent of participants’ support.
Tudor Aw, lead of technology at KPMG Europe, said: “Of course people think about the big boys when they think of innovation.”
He added: “Europe is a bit of an afterthought.”
China and the US are said to be main focuses because of their tech centres and Silicon Valley.
Very few respondents agreed with the possibility of the Silicon Valley succeeding as well in another country.
“What we are seeing is the feeling that the US will always be a centre of innovation,” Aw said.
The survey drew on the responses of 811 global technologists in executive positions across the globe in an even geographical spread.
