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New retail business models have emerged, and one crop is online-only businesses that sell exclusively through social media channels. Almost all social media platforms today offer retail functionalities that facilitate the electronic commerce (eCommerce) of goods and services. This online sales model is mainly driven by social influences and interac...

Developed Asia-Pacific economies, such as Japan, South Korea, Taiwan, Australia, and Singapore, are at the forefront of advanced technology and industrial innovation. These countries have strong ambitions to sustain global tech leadership. However, they face strategic pressures from shifting geopolitics, energy-security challenges, and efforts to r...

European economies had a challenging 2022 due to the onset of the Russo-Ukrainian War and the heightened inflationary pressure. The war impacted national security and weighed heavily on regional companies' economic performance. Historic price levels mandated monetary policy tightening as energy and fuel prices reduced consumer spending. Moreover, r...

India’s expanding economy and population are the biggest drivers of energy demand. Universal access to electricity is one of the primary aims of the Government, which has launched multiple schemes to support Production, Transmission and Distribution of electricity. Electricity demand in India is growing at 13% per annum, whereas its connection grid...

Materials science is at the core of every industry, as its innovations will lead to more sustainable manufacturing practices. In this study, we explore sustainable materials, their types, and the innovation observed across several industries. Sustainable materials are classified as follows: 1) Organic Material 2) Natural Biodegradable Polym...

02 Jun 2021  |  Global  |  Megatrends

Growth Opportunities Driven by Top Trends in 2021

COVID-19 will Influence Consumption Behavior, Hyper-personalization, and Emphasis on Digital Health

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As people learn to embrace uncertainty, the top trends outlined at the beginning of 2021 will bring about significant changes in the way societies work and live. Changes in user behavior patterns will trigger major growth opportunities influenced by changes in consumption and business models. Emerging advancements in technologies, such as AI and a...

02 Feb 2021  |  Global  |  Megatrends

Future of Connected Living

The Top 3 Connectivity Ecosystems that will Simplify Human Lives—Homes, Cities, and Workplaces

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With more than 20 connected devices per human by 2030, we are rapidly moving to an environment that is permanently online and always connected. An increasingly digitalized and connected world will have a profound impact on a wide range of applications at home, at work, across cities, and several other use-cases (healthcare and automotive, for examp...

Developed European nations have had a challenging socioeconomic environment in 2022, especially amidst highly volatile geopolitical tensions and record-high inflationary pressures. Economic growth is likely to remain subdued in 2023 across the whole region as high energy costs weigh on household spending and lower profit margins of businesses, give...

Venturing into emerging markets is imperative for businesses seeking to capitalize on opportunities such as capturing market share, leveraging lower operating costs, diversifying supply chains, accessing young talent, expanding into strategic hubs, and driving innovation by addressing local needs. In light of the future growth potential identifi...