What are the 5 megatrends?

What are the 5 megatrends?

PwC examines five key megatrends: Shift in Global Economic Power, Demographic Change, Rapid Urbanization, Rise of Technology, and Climate Change/Resource Scarcity. We examine these megatrends with a specific focus on the various disruptive effects we anticipate these five megatrends will have on defense and security.

What are megatrends in business?

a major movement, pattern or trend emerging in the macroenvironment; an emerging force likely to have a significant impact on the kinds of products consumers will wish to buy in the foreseeable future.

What are examples of megatrends?

Examples of megatrends are: health, population growth, urbanisation and digitalisation. The method can inspire to and produce a framework for a project before the idea development phase, or be used to introduce a theme.

What are current megatrends?

In the following 7 chapters, you will quickly find the 75 most important statistics relating to “Global megatrends”.

• Global Economy.
• Demographic shift.
• Urbanization.
• Technology.
• Energy.
• Climate change, food and water scarcity.
• Geopolitical instability.

What are the 4 megatrends?

Global megatrends are macroeconomic and geostrategic forces that are shaping our world, and our collective futures in profound ways. In this paper, PwC examines five key megatrends: Shift in Global Economic Power, Demographic Change, Rapid Urbanization, Rise of Technology, and Climate Change/Resource Scarcity.

What are the top megatrends transforming businesses?

Mega trends and your business

• Mobile.
• The Internet of Things.
• Artificial Intelligence (AI) and Robotics.
• Ageing population.
• Emerging markets.
• Globalisation.
• Climate change.
• Resource scarcity.

How do megatrends affect businesses?

Mega trends are the global shifts that change our society and the way we do business. They are the forces that shape our personal and business lives and the socio-economic norms of tomorrow. They span a wide range of areas, from Artificial Intelligence and Robotics to Climate Change and Globalisation.

Why are megatrends important for business?

Megatrend analysis enables businesses to better anticipate market developments and lead both incremental and disruptive change for their industries. This type of analysis can and should be leveraged as a key input to innovating all areas of a business, including both internal and external change.

What are the main megatrends that are likely to impact the world of work in the future?

Future of Work: 8 Megatrends Shaping Change

• Humans driving change.
• The future of urbanization and mobility.
• Globalization.
• Demographic change and the multigenerational workforce.
• The changing nature of careers.
• A nonlinear career continuum.
• The widening skills gap and skills mismatch.
• Resource scarcity and climate change.

What is a global megatrend?

Global megatrends are global, long‑term trends that are slow to form but have a major impact once in place. They are the great forces that are likely to affect the future in all areas throughout the world over the next 10 to 15 years. Furthermore, they are often strongly interconnected.

Why are megatrends important?

A megatrend is a shift in behaviour or attitude that has global impact and crosses multiple industries. In a rapidly changing global environment, megatrend analysis is critical for companies seeking to drive sustainable growth and remain relevant as competition increases and new ideas disrupt entire industries.

How do you use megatrends?

There are five key steps to begin incorporating megatrend analysis into your business:

1. Build a megatrend framework to guide innovation.
2. Develop tangible understanding that incites action.
3. Quantify impact and prioritize investment.
4. Evaluate your portfolio and pipeline to ensure success.
5. Repeat the process annually.