Mega Trends

The non-destructive testing (NDT) inspection services market is recovering well after a phase of decline caused by the oil price crash. It is currently worth $9381.9 million, and is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2018 to 2023.The NDT oil & gas inspection market expected to reach $5291.9 million by 2023 with a ...

In this rapidly changing work environment, upskilling allows organizations to close the talent gap and fill new and open positions while maintaining their current workforce, creating an environment of continuous learning and development. Reskilling has a longer-term impact, preparing the workforce for jobs that do not exist today. On average, about...

Transformative business solutions and customer-centric business models are compressing the value chain. Vertical integration is causing value chain dynamics to change, with new entrants offering end-to-end solutions across the upstream and the downstream stages. The value chain will move from the current product-centric model to consumer-centric da...

16 Jul 2021  |  Global

Trend Opportunity Profiles—Digital Identity Management

Social, Technological, and Economic Inclusivity Needs Drive Future Growth Potential for Digital Identity

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Key Issues Addressed

About 1.1 billion of the worlds population lack official proof of identity. This limits citizens access to services and precludes an inclusive society that allows citizens full participation in social and economic progress. Digital identity management solutions can instill trust and transparency in relationships among public agencies, enterprises, ...

25 Jun 2021  |  Global

Trend Opportunity Profiles—Crowd Analytics

Rising Investment in Smart Cities will Drive Opportunities in Crowd Analytics

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Key Issues Addressed

Advancements in data science and modeling techniques have led to the development of crowd solutions that analyze purchase motivations, engagement rates, and personal preferences from physical movements. Crowd analytics is evolving rapidly beyond camera-based surveillance and video analytics toward intelligent analytics that provides customers with ...

18 Jun 2021  |  Global

Trend Opportunity Profiles—Data Marketplaces

B2B Portals Enabling Monetization of Enterprise Data

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More than 2.5 quintillion bytes of data are generated every day, of which 90% was generated in the last two years. With this explosive amount of data generation, data marketplaces have immense potential to create new revenue streams by productizing data assets. Data marketplaces are displacing old data sharing models and significantly altering the...

02 Jun 2021  |  Global

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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Key Issues Addressed

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...

28 May 2021  |  Global

Transformative Mega Trends Enabling Lights Out Manufacturing

Post-pandemic Manufacturing Shifts will Usher Future Growth Potential of ‘Lights Out’ Environment

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Key Issues Addressed

The COVID-19 pandemic has not only hindered global manufacturing output but has also hastened the shift toward Industry 5.0. Digitalization and automation are rapidly shaping business strategy, with nearly 90% of companies embracing digital transformation in the short term. In an effort to become more resilient and shock-proof, manufacturers, espec...

21 Apr 2021  |  North America

Transformative Mega Trends in the United States through 2030

Transformational Growth Opportunities in a Country Facing Converging Forces of Change

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Life in America, chapter 1 of a 3-part series, examines the complex intersections of social, education, work, political, economic, and urbanization trends set to converge in the next decade. As these trends collide, businesses must prepare for a number of strategic imperatives. Key among these are geopolitical chaos, transformative mega trends, ...