Globalisation, Demographic Shifts, Urbanisation, Climate Change, and Internet Proliferation are the macroeconomic megatrends that will shape the 21st century. They are global, seemingly irreversible forces that have already made an incredible mark on economies and societies, and will continue to do so for the next few decades.
But how will these megatrends manifest themselves on an industry level? How will they affect and shape the future of sectors such as pharmaceuticals, energy, automotives, and agribusiness over the coming three decades? In our view, these megatrends will trigger developments that will have game-changing implications beyond the realm of each industry itself.
In this special report, we look at some of BMI Research’s core industries and outline at a more micro level how forces like demographic shifts, urbanisation, and climate change are giving birth to new, industryspecific megatrends which will in turn have a tangible impact on business, society, and our daily lives.
We have brought together BMI Research’s extensive expertise on these industries and combined it with our macroeconomic and political outlooks from our Country Risk team to present a more holistic vision of the changes that the world will see in the remainder of the first half of the 21st century.
Crucially, this enables us to identify implications and opportunities at an industry-specific level, making the global megatrends more applicable to different sectors.
In the series of analysis in this special report, we examine among other things:
- How new generations of consumers are becoming a lot more conscious of their individuality and conscientious in their choices, which will drive everything from energy efficiency initiatives to personalised healthcare and a new generation of genetically modified micro-food.
- Population expansion and urbanisation will mean that the drivers behind smart cities and highly intuitive transportation systems will only get stronger and more urgent, and shape how infrastructure is conceived and designed.
- Internet and connectivity proliferation will be at the very heart of every industry we have included in this analysis, to the point where we see ‘traditional’ telecoms as a sector morphing into a service with no discernible boundaries; one that is able to permeate and shape the development of the vast majority of industries present and yet-to-be created.
- Climate change will impact regulations and public perceptions of everything from extractive industries to driving the future patterns of new food production.