Continuing “Talent Wars” for Skilled Employees – As demand for professionals across many sectors continues to grow along with remote work acceptance, employees’ geographic location is less important than ever for identifying and recruiting top talent.

Increased Impact of Environmental, Social, and Governance (ESG) Considerations – While ESG has been the province of large multinational corporations, it will now begin to impact how young startups operate, manage risks, and market themselves to customers and investors.

Continued Growth of Investment in Israeli Tech – Growth in this sector in both absolute and relative terms will further secure Israel’s prominence as a leading global tech hub. The increasingly fewer multinational companies not already present in Israel will find a way to enter the market, either through acquisitions or greenfield operations.

Little Impact Expected from Inflationary Trends and Currency Volatility – Israel’s attractiveness as an investment destination for innovation will not be materially impacted by these trends.

Shekel vs U.S. Dollar Strength Affects Buying Power – The shekel’s strength against the dollar will lead to increased buying power for Israeli consumers and larger Israeli enterprises that will become more active as purchasers in cross-border merger and acquisition (M&A) transactions.