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30 Jul 2019  |  Global  |  Megatrends

Data Monetization, Forecast 2018–2022

Powering Innovation Through Data Monetization

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An increasing number of companies are starting to build data-driven strategies to fuel growth in the upcoming data economy. Though in its nascent stages, data monetization is having a huge effect on many industry verticals. Every company will, at some stage, transform into a data company through direct or indirect approaches. However, there is a la...

Businesses have already realized that sharing assets will bring not only multiple, sustainable added values but also financial and social benefits. Consumption within businesses will shift from the ownership model to the usership model. Businesses have realized that reducing the use of natural resources through sharing helps bring down CO2 emiss...

Spared of widespread coronavirus outbreaks, the Kenyan economy reported a small economic contraction in 2020 as robust growth across agriculture, financial services, real estate, and construction largely offset the sharp decline in hospitality, tourism, and transport services. The economy registered an impressive rebound in 2021, led by the broad-b...

Transformative business solutions and customer-centric business models are compressing the value chain. Vertical integration is causing value chain dynamics to change, with new entrants offering end-to-end solutions across the upstream and the downstream stages. The value chain will move from the current product-centric model to consumer-centric da...

Cloud computing is predicted to be the main IT trend in the upcoming years and will have a huge impact on world economy. A wide range of organizations—from small start-ups to global corporations, and from government agencies to non-profit organizations—have begun using cloud computing applications. Besides Microsoft, the main contributor behind t...

Africa is the focus of the global economy due to its vast untapped natural resources are a key driver for development. Rural electricity demand still remains insignificant, while urban and industrial supply remains insufficient in most of Africa. With aid from global governments, demand is expected to witness growth of 3.5% for wire rods and 5.2% f...

Urbanization in India is expected to reach 40% with over 600 million living in urban areas contributing to 70% of GDP by 2030. To meet the burgeoning infrastructure needs, the GoI launched the 100 Smart City Mission in April 2015 which would be implemented through area based approaches. Each city will get Central assistance to the tune of INR 500 C...

The global economy is struggling to stay afloat, on account of the unprecedented economic damages triggered by the COVID-19 outbreak. Without exception, similar economic struggles are being felt in the Latin American and Caribbean regions. Frost and Sullivan has analyzed the scale of impact on their GDP growth and other macroeconomic elements, fact...

The global economy is poised for a slowdown in 2025, both in terms of economic activity and investment momentum, partly driven by escalating tariff measures under US President Donald Trump. As tariff wars reshape global trade flows, they are accelerating the regionalization and localization of production ecosystems.In response to rising US tariffs,...