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In 2015, China became the first office to receive a million patent applications in a single year. Chinese patent office received almost as many as the combined total received by patent offices in US, Japan, and South Korea. Such recent developments are closely watched by Governments, Policymakers and Multinational corporations outside China and the...

Digital twin is a virtual replica of an actual product, facility, asset, equipment, or plant, which are either hosted on premises or in the cloud. Companies are using digital twins to better understand the real world scenarios remotely, aiming to provide real-time assistance instead of reactive-based assistance. Digital twin technology is mostly u...

From a $1.90 trillion market in 2015, the global halal economy will expand to an approximate $4.60 trillion economy by 2030 under a baseline scenario, potentially reaching $4.96 trillion under an optimistic scenario. Aside from Organization of Islamic Cooperation (OIC) member countries, growth opportunities will increasingly emerge across non-OIC m...

This study features emerging Trend Opportunity Profiles that share novel business outlooks in the form of models, which offer convenience to customers and profit to owners through advanced technology usage, increased digital presence, and strategic collaborations. With a shift to convenience and ease of access as the focal point for consumers, c...

This edition of Trend Opportunity Profiles features trend advancements in health, wellness, and nutrition featuring sensors for food products or pharmaceutical drugs, sustainable nutrition, technology-induced healthcare including AI for drug discovery and blockchain for data intelligence, personalized health solutions, online consultations, behavio...

Frost & Sullivan highlights innovative concepts and advancements in the retail industry in this megatrends analysis. We profile trends that provide retailers with ease and a comprehensive approach toward business growth. Our analysis shows that retailers are leveraging the exponential growth in advanced technology in recent years. The resulting...

The Trend Opportunity Profiles series covers specific opportunities emerging from future trend evolutions. The series is designed to help clients discover and prioritize the most consequential mid- to long-term trends transforming their business’ growth environment. These trend opportunity profiles are analyzed across key industries, including heal...

The COVID-19 pandemic, the Russo-Ukrainian war, and the Suez Canal crisis have exacerbated existing vulnerabilities in the global supply chain originating from US-China trade tensions, necessitating the building of a more robust and resilient supply chain. While global firms are altering their investment decisions to cushion the blow, the digital p...

This Frost & Sullivan study analyzes Trend Opportunity Profiles that envision the Future of Work from a technology perspective; it covers advanced technologies incorporated in the work culture, and it features upcoming trends that cater to the futuristic needs of the workplace. The study also describes opportunities for several sectors, including b...