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09 Jul 2020  |  North America  |  Megatrends

Gulf Cooperation Council (GCC) Region Mega Trends, Forecast to 2030

Evaluating Key Transformational Themes

Infographics

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Economic growth will strengthen in the GCC region despite oil-price complications, mainly due to the economic diversion from the oil sector to non-oil sectors and also due to initiatives and strategies to encourage private enterprises. Apart from robust economic growth, the business environment of the region will also undergo a radical change due t...

The coronavirus outbreak is wreaking havoc on the global economy. The Chinese economy is being adversely hampered, with other economies across the globe facing severe negative effects as well. Frost & Sullivan has analysed the outlook for three scenarios, the Gradual Abatement scenario, the Severe Epidemic scenario, and the Severe Pandemic scenario...

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...

Cloud has emerged as the most significant facilitating technological force behind digitalization efforts across industries and geographies. Owing to inherent benefits related to scale and flexibility, public cloud has witnessed rapid adoption and continues to enjoy increased uptake across enterprises and government entities. Increased adoption of ...

With 2.5 billion more people expected to live in cities by 2050, governments worldwide are seeking city-level solutions for city-level problems. Governments are turning to smart city initiatives to address a convergence of socioeconomic, resiliency, and citizen engagement pressures. Post-pandemic city revival initiatives are percolating far and wid...

Talent reskilling has emerged as a pivotal response to the evolving demands of industries and the workforce, especially given the sizable impact of geopolitical shocks, disruptive technologies, and automation in the manufacturing and services sectors. This report explores the technological, economic, and societal shifts set to shape the reskillin...

GCC’s growing economy and Industrialisation are the biggest drivers of ferrous casting demand. Globally there are over 40,000 foundries, GCC on the other hand is at a nascent stage with 0.2 Million MT of production; Infrastructure and construction are the key drivers of consumption & growth. In the next 5 years the overall KSA Ferrous casting indu...

Smarter building infrastructure is expected to play a very important role in reducing the amount of energy required by the building stock globally. European Commission estimates that the energy needs of buildings in Europe corresponds to approximately 40% of the total energy generated in Europe and EIA estimates the energy consumed by the commercia...

With customers adapting to the post-pandemic normal and preferring to stay at home, brands across the globe are seeking solutions to meet the increased demand for online services. The relatively sudden and significant increase in eCommerce has made it challenging for companies to maintain a workforce for customer assistance. Brands are relying on t...