Towards 2050: The megatrends to watch

Globalisation, Demographic Shifts, Urbanisation, Climate Change, and Internet Proliferation are the macroeconomic megatrends that will shape the 21st century. They are global, seemingly irreversible forces that have already made an incredible mark on economies and societies, and will continue to do so for the next few decades.

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But how will these megatrends manifest themselves on an industry level? How will they affect and shape the future of sectors such as pharmaceuticals, energy, automotives, and agribusiness over the coming three decades?

Find out more in the 2018 edition of BMI‘s Towards 2050: Megatrends in Industry, Politics and the Global Economy Special Report, looking at how these forces are giving birth to new, industry-specific megatrends, which will in turn have a tangible impact on business, society and our daily lives. This has been a best-selling report in both 2016 and 2017…. and now this Report includes the results from the Industry Megatrends to 2050 Survey, bringing together the views of 250 industry leaders and senior decision-makers on the forces that will have the highest impact across industries over the next 30 years.

In this report the following is examined:

  • How new generations of consumers are becoming a lot more conscious of their individuality and conscientious in their choices, which will drive everything from energy efficiency initiatives to personalised healthcare and a new generation of genetically modified micro-food.
  • Population expansion and urbanisation will mean that the drivers behind smart cities and highly intuitive transportation systems will only get stronger and more urgent, and shape how infrastructure is conceived and designed.
  • Internet and connectivity proliferation will be at the very heart of every industry we have included in this analysis, to the point where we see ‘traditional’ telecoms as a sector morphing into a service with no discernible boundaries; one that is able to permeate and shape the development of the vast majority of industries present and yet-to-be created. The ‘Internet of Things’ will become a dominant force across industries, even though the parameters of its economic viability are still emerging and evolution could be delayed or derailed by regulatory, cyber security and policy backlash.
  • Climate change will impact regulations and public perceptions of everything from extractive industries to driving the future patterns of new food production. Environmental priorities are pushing for an overhaul of the automotives and natural resources sectors, as corporations seek to transform into entities ready, or at least able, to operate in the low-carbon economy.