Trends Identified
Regulatory Landscape
Recent regulations across industries (e.g., financial and healthcare) have affected business models, increased costs, and come with a number of global considerations regarding legal implications.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Resource Price Volatility
Market volatility is causing unexpected shifts in the prices of futures and commodities, affecting investment decisions (e.g., the rise in US oil production and key issues around pipelines raises questions about the future volatility of energy markets).
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Resource Scarcity
As the world’s population continues to grow, there is increased demand for and pressure to conserve natural resources that have huge implications for poverty, inequality, demographics, and public health.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Sharing Economy
The collaborative nature of the online environment has led to the rise of the sharing economy, in which technology is leveraged to unlock idle capacity and provide access to products through renting or borrowing.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Social Media
The rise of social media as a dominant channel/platform for communication has led to new forms of rapid connectivity and interaction across the global landscape (e.g., Arab Spring, the 2016 US presidential election, Facebook groups for Syrian refugees).
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Social Unrest
As political and ethnic groups have become more empowered, there has been a resurgence of civil and social rights issues calling for change or reform (e.g., Pegida, student protests in Mexico, the Occupy Wall Street movement, the anti-GMO movement, Black Lives Matter, gender pay discrimination, LGBT rights and Planned Parenthood).
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Technization of Healthcare
Advances in technology have enabled digital medicine and bioinformatics, advanced genomics, digital manufacturing, and nanotechnology, and the widespread development of genetically modified products.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Terrorist Organizations
Political uprisings, instability, or other social unrest has led to a rise in terrorist organizations around the globe (e.g., an increasing number of organizations publicly affiliated with ISIS or the rise of Boko Haram).
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Urbanization
Cities are growing more quickly than suburban and rural areas, and are simultaneously witnessing an increasing concentration of wealth. As a result, the quality of life continues to improve in urban centers relative to suburban communities, and demand for services is increasing.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Empowerment
Empowerment the growth and re-invigoration of ideas and self-worth.Rise of the individual: In today’s society, it’s all about the individual over the collective. A culture of “me” has risen over a culture of “we” as individuals become empowered to demand specific outcomes, resulting in the decline of social cohesion and the mass market.Collaborative consumption:The emergence of collaborative consumption models has led to the rise of the sharing economy, which allows consumers to make use of their idle assets to contribute in existing markets. Collaborative consumption models are augmented by technological platforms that connect discrete players through the use of networks and geo-located devices.Triple bottom line: As consumers’ expectations evolve, an increasing importance is placed on measuring not only a company’s profits, but its impact on people and the planet as well. This focus on what’s referred to as a triple bottom line emphasizes business models and metrics that touch upon key elements of society (e.g., diversity and equal opportunity) as well as environment (e.g., sustainability and carbon dioxide emissions), in addition to the standard measures of economic health like profitability and growth.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte