KIAT Announces Promising New Industries for Teens

Seok Young-cheol, President of the Korea Institute for Advancement of Technology (KIAT). (Photo by Korea Institute for Advancement of Technology)

Seok Young-cheol, President of the Korea Institute for Advancement of Technology (KIAT). (Photo by Korea Institute for Advancement of Technology)

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[Asia Economy Reporter Moon Chaeseok] Mobile healthcare and artificial intelligence (AI) home services are expected to become the core of the Korean New Deal. The Korea Institute for Advancement of Technology (KIAT), a public institution specializing in research and development (R&D), recently announced the '2021 KIAT Top 10 Promising New Industries' report, forecasting on the 22nd that 10 major industries including mobile healthcare and AI home services will lead the Korean New Deal next year.


The top 10 new industries include ▲autonomous driving packaging, ▲Mobility as a Service (MaaS), ▲hydrogen fuel cell mobility, ▲high-clean LNG ships, ▲mobile healthcare, ▲personalized precision medicine, ▲AI home services, ▲human-coexistence logistics robots, ▲clean hydrogen production, and ▲AI semiconductors.


KIAT selected industries that need to be strategically fostered to lead the global economy after the Korean New Deal. In particular, the focus was placed on 'industries' rather than 'technologies' as the criterion for selecting new industries. While there have been efforts to predict future promising technologies and market trends, there have been few cases of selecting promising industrial groups.


To select new industries, a New Industry Selection Committee composed of experts in five fields?'future transportation, smart health management, convenient living, energy environment, and smart manufacturing'?was activated. Along with this, a three-step industry derivation methodology was applied, including 'patent analysis using big data - keyword and issue analysis in markets, culture, and industries - driver analysis.'



Patents from five major countries including South Korea, the United States, Japan, China, and Europe were analyzed to derive a first-round pool of 30 promising industries. At this stage, approximately 430,000 cases in the Fourth Industrial Revolution field and about 1.63 million cases in the Ministry of Trade, Industry and Energy's strategic investment field were analyzed. Subsequently, 21 industries with a high degree of convergence between Fourth Industrial Revolution technologies and the Ministry's strategic investment fields were selected as the second-round candidates. Based on promising items with high technological convergence, industry-specific issues and keywords related to technology, market, industry, and culture were analyzed to finalize the selection of new industries.


This content was produced with the assistance of AI translation services.

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