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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...

Learning management solutions (LMS) serve as an excellent means to deliver multimedia and interactive course content to today?s generation of digitally connected students and workforce. The need for this shift in learning/teaching methodologies is the result of changing expectations from students and their parents regarding educational institutions...

Globally, businesses are reestablishing themselves in geopolitically unstable markets, with an emphasis on unlocking data's potential and leveraging artificial intelligence (AI) to support business outcomes. About 87% of enterprises believe AI and machine learning (ML) are important in achieving business goals to grow revenue, increase operational ...

Frost & Sullivan's Top 50 Emerging Technologies program provides specific answers to critical questions on emerging trends and technologies poised to transform the future of organizations. The emerging technologies expert team has carefully curated cutting edge intelligence on the 50 most valuable and disruptive technologies set to impact organizat...

Curbsides are becoming the next battleground for cities, primarily because the use of curbside spaces is no longer restricted to parking. They now include eHailing vehicles dropping and picking up customers, delivery vehicles dropping off and picking up packages. Microtransit assets, such as bikes and scooters now occupy the sidewalk. Cities do not...

The Top 50 Emerging Technologies research is a comprehensive analysis of the most disruptive technologies that will impact multiple industries, applications, and regions. This extraordinary and comprehensive research will deliver strategic guidance and actionable ideas on the hottest technologies that pack maximum potential to fuel global innovatio...

The macroeconomic outlook for the Middle East is expected to remain modest in 2020, with the expected strengthening of non-oil sectors and increased infrastructure spending in the region. The oil-dependent economies are prioritizing non-oil sectors for economic diversification. Unemployment across the region is expected to fall and remain stable du...

The Government of India (GoI) has promoted a favorable business environment and enhanced the overall ecosystem to position healthcare as one of the largest industries both in terms of revenue and employment. The industry is projected to reach US$ 372 billion by 2022. This growth is a result of the strengthening of healthcare coverage, related servi...

30 Jun 2017  |  North America  |  Megatrends

Future of GCC, Forecast to 2025

The Growth Story of the Oil-Dependent Region through Economic Diversification and Socio-Political Reforms

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Over the last 50 years, there has been unparalleled economic growth among the oil-rich Gulf Cooperation Council (GCC) countries, and they now rank among the world leaders in per capita income. However, the recent oil-price fluctuations have complicated the situation of these oil-dependent economies. GCC nations have recognized that oil resources al...