The fin-tech industry has immense potential to grow in Pakistan. Currently, we have 152 million mobile phone subscribers in Pakistan, mobile wallets reached a high of 33 million as of September 2017, and the share of active mobile wallets has also seen significant growth since then. Pakistan is among the countries where internet penetration rate is accelerating, giving users more choice to do businesses using the internet.

AgriTech is the use of technology in agriculture, horticulture, and aquaculture with the aim of improving yield, efficiency, and profitability. There is a prevalent need to digitize the agricultural ecosystem by automating Agricultural processes, incorporating digital communication and interaction, and most importantly capturing and utilizing the data generated during the farming processes conducted by more than 5 million smallholder farmers across the country.

Robotics is a budding industry in Pakistan. Many private corporations, colleges, newly established organizations and consultants are contributing in Robotics from the basics to cutting edge level. This mechanical technology is being instructed as a subject in various open and private educational organizations, alongside a few research think-tanks that have been shaped for R&D in Robotics.

Biotechnology industry is of tremendous value to agriculture, health, as well as conservation of biodiversity, and it is also important for transnational commerce and trade. Pakistan is on the threshold of entering into the arena. Biotechnology has considerable potential for promoting the efficiency of crop improvement, food production, and poverty reduction, especially in developing countries like Pakistan. Foreign investments may help in accelerating development in the field of biotechnology which has great potential for mitigating the suffering of millions in the region.

Pakistan made it to the top of Conde Nast’s list as one of the most exciting travel destinations of 2020. Forbes also listed Pakistan in its ‘best under-the-radar trips of 2020’. Pakistan Tourism Development Corporation (PTDC) reported that in 2018, 17,823 foreign tourists visited Pakistan compared to 10,476 in 2017. With the increased familiarity of digital payment tools and Pakistan rising in global tourism rankings, there are unprecedented opportunities in the tourism space to design creative solutions for untapped market segments.

Pakistan’s IT industry has seen a significant influx of tech entrepreneurs specifically focusing on developing products and services pertaining to ‘Internet of Things’ and Automation. Incubation programs such as Plan X, Plan 9, Velocity, Nest I/O, NSPIRE are moving enthusiastic minds towards IoT-based research and development. Currently, IoT applications in Pakistan include solar-powered home solutions enabling off-grid rural households to power electronic devices; on-board diagnostics (OBD) devices for fleet management; and IoT solutions integrated with vehicle and motorcycle insurance products to help combat theft.