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The global facility management (FM) market is undergoing significant transformation influenced by megatrends as well as socioeconomic, environmental, and technological factors. Artificial intelligence (AI), the Internet of Things (IoT), and smart technologies are some of the innovations redefining FM services by enabling predictive maintenance, ene...

17 Nov 2021  |    |  Megatrends

Growth Opportunities in Retail 2.0

Key Retail Transformations Enabling Growth and Innovation to 2030

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Retail is undergoing a major transformation as trends converge to create new opportunities for the industry. Specifically, the rise of gen Y and gen Z, the digitization of retail, and the upcoming post-COVID-19 economy will compel retailers to rethink their strategies and embrace a more omnichannel and frictionless retail model. Consumers’ rapi...

Growth in traveler numbers post-pandemic continues to pressure global ports of entry to manage threats and screen people and goods efficiently. The continued risk of cross-border terrorism and crime creates a demand for more stringent passenger screening, apart from detecting contraband smuggling into nations. Screening and detection are among the ...

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...

The European biopower market is undergoing a transformation as governments in many countries reduce the financial incentives for biopower generation. In addition, European policies and legislation will be strong driving forces in this market. This research service focuses on two energy sources, namely biogas and biomass, which will be shaped by the...

The need to decarbonize the industrial economy is becoming ever more important. Much has been achieved so far in the decarbonization of power generation, but progress in the realm of industrial decarbonization has been relatively slow. This is now gradually changing as businesses seek to comply with environmental, social, and governance (ESG) goals...

AI infrastructure is rapidly evolving from stand-alone compute environments to vertically integrated AI platforms that combine compute, networking, storage, cloud software, orchestration, security, and intelligent data management. Platform-centric architectures are becoming essential to support scalable AI training, inference, and agentic AI worklo...

Infrastructure that equips a city with clean water supply, a sustainable waste disposal mechanism, and renewable energy is called environmental infrastructure. It is evolving into a basic necessity for any city around the world. Just as drinking water needs to be treated to prevent water-borne diseases, an efficient waste disposal and waste treatme...

The North American trailer telematics market has been active for more than a decade with fierce competition among its market participants. Despite its long presence, the market remains largely fragmented, and the competition is too intense for any considerable market consolidation to happen. However, the market is currently witnessing an influx of ...