Industries

Rapid technology advancements and rising customer expectations have disrupted the global retail industry in the past decade. Outdated retail store concepts, new generations of consumers, and new points of commerce (voice commerce, for example) have also disrupted the industry; however, COVID-19 has been the key disruptor. After the pandemic, retail...

No economy, industry, or businesses has been spared from the effects of the novel coronavirus (COVID-19). Some industries have naturally been affected more than others and the impacts have been on a larger scale. Major economies were already experiencing a slowdown due to other factors and this global pandemic has only added to the distress, hasten...

12 Jun 2020  |  Global  |  Megatrends

2025 Vision: Future of Pumps in a Connected World

Innovative Business Models Centered Around Services are Expected to Unlock New Revenue Streams for the Pumps Industry

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Key Issues Addressed

This study forecasts the future of the pumps industry amidst the onset of a new wave of digitalization and the Industrial Internet of Things (IIoT). The changing market conditions influenced by demand-supply shock, oil price volatility, political tension, and shift in customer preferences are making pump manufacturers revisit their value propositio...

30 Apr 2020  |  Global  |  Megatrends

Global Future Risks—Future-proofing your Strategies, 2030

An Assessment of the Top 21 Risks that Threaten the Next Decade

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Our world is evolving rapidly, and so are risks. Rapid innovation, growing political tensions, climate change and the unexpected rise of infectious diseases have made it increasingly complex to anticipate, assess, or mitigate risks. Risks are now increasingly interconnected, which if amplified can trigger a ripple effect across industries, regions...

18 Mar 2020  |  Global  |  Megatrends

The Future of Privacy and Cybersecurity, Forecast to 2030

Exploring New Frontiers and Challenges for Network Security in a Connected Era

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This study explores the rapidly-evolving landscape of privacy and cybersecurity triggered by a rise in the number of connected devices. By 2030, a complex mesh of 200 billion devices around the world will exist, with over 20 connected devices per human. Every connected device in a smart home or city will be a potential access point to our most sens...

This paper examines how various individuals will spend their free time in the year 2030. This is a particularly relevant area of inquiry at a time when many questions have been raised on the impact on free time from evolving technology such artificial intelligence (AI) and augmented and virtual reality (AR/VR). This paper provides a definition of f...

This paper looks at the future of microjobs from the perspective of a microworker and an employee at a microjob platform company, set in the year, 2030. It provides a delineation of employment definitions, along with a comparative analysis of microjobs today and expectations on how they will evolve by 2030. The key areas of microwork explored in th...

The financial services industry is on the brink of disruption, as the use of technology poses a challenge to market players and their existing products and services and associated costs. Thus it is important to revisit one of the oldest industries and re-conceptualize how it will thrive in the future aligning itself to looming social and technologi...

Most factory environments are characterized by increased worker absenteeism arising from post-related injuries resulting in Musculoskeletal Disorders (MSD). This in turn impacts the factory floor, in terms of increased costs arising from unsuitable factory environment, poor productivity and low-quality finished goods. The exoskeleton technology has...