13 Technological Innovation Could Be Disruptive Enough To Dominate Global Equity Market Capitalizations 2023 2030 Annual Growth Equity Market Cap Estimate Equity Market Cap Forecast Forecast Non-innovation $98 trillion Non-innovation $140 trillion 3% Disruptive Innovation $19 trillion Disruptive Innovation $220 trillion 42% Total $117 trillion Total $360 trillion 17% Multiomic CE Sequencing N ArtificiaI Intelligence E Robotics G R 37% E Public V Energy Storage N Blockchains 50% CO Public Blockchains 48% Energy Robotics Storage 78% AI Multiomic Sequencing 39% Note: Forecasted numbers are rounded. Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of external sources, including the World Federation of Exchanges and the MSCI ACWI IMI Innovation Index which may be provided upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.