Revenue from new-age companies is expected to reach $300 billion by 2030-31. This sector relies heavily on technology and has seen significant growth. Artificial intelligence and digital platforms are key drivers of this expansion.

Growth in this area has been substantial, with revenue increasing to nearly $100 billion in FY26 from $33 billion in FY22. The sector is anticipated to continue growing at a rapid pace.

Further information on this development can be found through reports citing Redseer Strategy Consultants, which provide more details on the expected expansion and growth factors.