Capital Markets: Observations and Insights

​ Accelerating Innovation

INNOVATION

Stepping on the Gas

• Research has shown that innovation is accelerating across many areas of the economy

• As a result new products and services are diffusing through society faster, disrupting businesses at a greater pace

Years from Market Entry to 50% Penetration

Years to Reach 1 Billion Users

Source: Asymco, Visual Capitalist, company disclosures.

Page 17