Trends Identified
India's take-off?
At US$2 trillion in value, India’s economy is one of the world’s great engines of growth. It stands poised to reap a demographic dividend: around half of India’s 1.2 billion people are under the age of 26, and by 2020, India is forecast to be the youngest country in the world. Crucially, PM Narendra Modi has embarked on structural reforms (such as demonetisation, goods and services tax reform) that could lay the foundation for long-term growth. India’s future may yet arrive
2017
Foresigth
Singapore, The Centre for Strategic Futures
Economies
At the same time, and as a direct consequence of this population growth, we are forecasting that our global economy will triple in size by 20501 and is set to have doubled to over $130 trillion in just 20 years’ time, in 20302. Much of this growth is amongst the emerging economies (E7) of the world, including China, Brazil, India, Mexico and Russia. As a consequence, by 2019 the E7, emerging seven major economies, will be a larger economic bloc than the G7 countries who have led the world economically and to a great extent, politically for the past 60 years. By 2050 China will have the largest economy with a GDP of over $24 trillion whilst the United States’ economy is expected to reach £22 trillion and India the third largest economy at $8 trillion.
2012
The future
Steria
Changing global patterns
At the international level, the relative power of Western liberal democracies will decline as they struggle to deal with both demographic and economic shifts, even as the power of other countries increases. While the trends seem clear that China’s power is rising while the US is declining as a hegemonic power, these are likely to develop over several generations. Power is slowly but clearly slipping from the Atlantic alliance to the Pacific region (although the differences within Asia are probably greater than those within the Atlantic region).
2011
Megatrends and the future of humanitarian action
International Review of the Red Cross
Data to Analytics to Machine Learning to AI
At the center of all of these technological trends and in the center of this list falls the linchpin to so many of these trends and to digital transformation as a whole. Data is key to companies being able to make good decisions about products, services, employees, strategy and more. We won’t see a slowdown anytime soon. As recent data has shown we have created 90% of the world’s data in the past year, research is also showing that we are only using 1% of the data effectively. While being in the top 1% is often a good thing, this is a 1% that most of us preaching the power of analytics should be ashamed about. With a plethora of companies like Microsoft, SAP, SAS and Salesforce (just to name a few) showing market leadership in the promotion of data being made into meaningful business analytics, there is much to be done by data driven organizations to realize the power of the data on hand and the data that they are collecting. With improved processing power that can increase machine learning, we are going to see digital leaders investing in making more of all of their data and this will be done with machine learning and AI and I believe that 1% figure will grow to 3 or 4% by 2020; which may seem small but is a massive increase in data utilization.
2018
Top 10 Digital Transformation Trends For 2019
Forbes
Video games are the new social media
At over 2.3 billion, Facebook has by far more users than any social media platform worldwide (Twitter, by comparison, has about 325 million). That’s why, despite its increasingly tattered reputation, Facebook continues to be popular with advertisers in search of eyeballs. At the same time, Facebook has a problem with young people, with only about half of all high-school aged kids being active on the platform. If young people are not using Facebook now, what makes anyone believe that they’ll log on when they get older? They most likely won't, and a big reason why is video games. Thanks partly to the rousing success of “Fortnite,” Amazon-owned Twitch and other platforms like it are creating communities that young people prize far more than Facebook, whether they are watching their favorite gamers or facing off with their friends or with others across the globe. These types of immersive experiences dwarf anything Facebook offers this group, calling into question whether the company can sustain its advertising prowess in the years to come as the younger generation becomes a highly sought-after consumer demographic. Underscoring this dynamic is Netflix, which said in its most recent shareholder letter that it competes more with “Fortnite” than it does HBO. Skeptics will scoff at that, pointing out (correctly) even the biggest phenomenon fade at some point. However, the next huge game is just around the corner, and when it arrives, Netflix, along with social media, will have to worry about it cannibalizing users too. All this is good news for gaming companies, including Tencent, whose subsidiary, Epic Games, published “Fortnite,” Electronic Arts and Activision.
2019
Three Big Tech Trends For 2019
Forbes
Water
Assuming average economic growth and no efficiency gains, annual global water requirements would grow by 53% from 4,500 billion m3 today to 6,900 billion m3 in 2030. Annual per capita water consumption will increase by 27% to 830 m3 in 2030, up from 651 m3 today. However, since accessible water is limited to 4,200 billion m3 per year (3,500 billion m3 of surface water and 700 billion m3 of ground water), there would be a shortfall of 2,700 billion m3 in 2030. This shortfall will be eliminated. The water shortage will drive water prices up, making major R&D investments in water technology profitable and necessary, which will in turn significantly reduce the amount of water wasted.
2011
Trend compendium 2030
Roland Berger Strategy Consultants
A New Optimism: Opportunities, Challenges, Strategies
Ask five experts to assess the global economy, and they are likely to provide as many different answers. Whether related to trade imbalances and currency fluctuations or to skyrocketing energy costs and increasing regulations, uncertainties abound. Yet the CEOs in this survey are optimistic about their prospects for growth and are investing today to secure future success. Is their optimism unbridled? No. It is an optimism grounded in reality and tempered by caution.
2005
8th Annual global CEO Survey
PWC
Defining the role of business leaders in society: A business imperative
Ask a classically trained financial economist about the role of the company in society and the response is likely to be to maximise shareholder returns. The 10th Annual Global CEO Survey reinforces a growing recognition among academics and practitioners alike that this traditional view of the long-term objective of a company is too narrow; that to sustain long-term financial growth, management need to balance the needs of the shareholder against those of other stakeholders – most notably the employee and society.
2007
10th Annual global CEO Survey
PWC
Asian economies are booming, with a growing services sector and rising incomes
Asia’s population and economy is booming, including the major emerging economies in South-East Asia. Asia’s share of global GDP grew from 23.2% in 1990 to 38.8% in 2014 and it is predicted to continue ascending to nearly 45% by 202582.
2017
Surfing the digital tsunami
Australia, Commonwealth Scientific and Industrial Research Organisation (CSIRO)
The Asian century: economic powerhouse or stuck in transit
Asia is likely to eclipse Western Europe and the United States in a shift of economic power over the next five decades, regaining the dominant economic position it had some 300 years ago. Two influential studies, from the Organisation for Economic Co-opera on and Development and from the Asian Development Bank, predicted several years ago that the 21st century is likely to be dominated by Asia - the 19th century having belonged to Europe and the 20th century to the United States - if that continent’s governments pursue policies of inclusive growth, innovation, good governance and avoid what economists call the Middle Income Trap.
2016
Global Trendometer - essays on medium- and long-term global trends
European Strategy and Policy Analysis System (ESPAS)