7 of 8 People Are Clueless About This Trillion-Dollar Market

Investing April 16, 2024

By: Rex Moore

A female robot with a stock chart

You probably heard this: Billionaire Elon Musk came up with this crazy idea that all his Tesla electric cars will soon be self-driving.

Yes, Musk is a genuine genius and I’m a huge believer in where Tesla is steering the entire auto industry.

But I have never seen so many people get so excited about a single peach while ignoring the entire orchard.

All of the talking heads in the media go on and on about Tesla, but they’re not telling you the really BIG story behind it all. It’s the giant prize that Tesla and hundreds of other companies are chasing.

And before you ask, no… it’s not self-driving cars. Self-driving cars could be almost insignificant compared to this new technology .

Consider that the global self-driving market is supposed to reach $42 billion by 2025, according to Boston Consulting Group.

But the tech I’m talking about? McKinsey and Co. believes it will be a $19.9 trillion market.

That’s 452 times bigger than self-driving cars!

And as huge as that number is, consulting firm Accenture says 87% of consumers don’t even understand what this technology is.

What an opportunity that presents!

It’s going to be so big that companies like Cisco and Intel are budgeting billions to be a part of it.

But again, 87% of consumers don’t yet understand what it is . 7 out of 8 people you see walking down the street are missing out.

And we believe that presents a huge opportunity for us individual investors. We’re not market timers here at The Motley Fool, but we certainly don’t mind investing before the crowd catches on!

And that crowd may be just around the corner… I’ve already seen this technology being pitched on ABC’s Shark Tank show, where three young businesswomen turned down the richest shark’s $30 million offer for their company.

And their start-up is now worth 20 times that initial offer! So why did they do it? What did this billionaire shark know that other sharks didn’t?

Well, we think we know just what it is.

You see, there is a special technology that some are calling “bigger than the internet.” In fact, it’s the technology that is behind much of what Amazon does.

The masses will soon be catching on as this tech gets more and more popular. And I suspect when they do, they’ll be focusing on obvious names… like Cisco and Intel… as they look for their share of the pie.

But we at The Motley Fool have put together a guide about one company harnessing this transformational power, and it’s a company we’ve strongly recommended to investors for a long time..

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that before everyone was talking about it, but I just sat on my hands."

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this tantalizing tech, and hear more about how to get the names of a handful of stocks our team believes are positioned to capitalize on this major shift.

Enter your email below to learn about this futuristic technology before it really takes off!

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Rex Moore has no position in any of the stocks mentioned. The Motley Fool owns shares of Accenture and Tesla. The Motley Fool has a disclosure policy.

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