The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Already the world’s population is highly urbanised and 67% of the world will live in cities by 2050. Connectivity is critical for these city economies to grow and tourism to flourish, and so governments continue to invest heavily in infrastructure. Euromonitor International’s Chief Executive, Tim Kitchin, explores what it takes to be a successful city in the 21st century, considering factors such as economy, business, innovation and people.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
The world’s population is becoming increasingly urban, reaching 67% of total population by 2050, accounting for an extra 2.5 billion urbanites.
There will be 30 mega cities by 2030, each with a population of over 10 million residents. Emerging markets are home to the vast majority of these, particularly in Asia.
The economic success of cities is leading to increased demand for city-specific strategies from businesses and governments.
An estimated US$57 trillion in investment by 2030 is needed to develop effective and efficient infrastructure in cities across the globe.
The ubiquitous smartphone is becoming an essential tool for successful urban living, with Big Data leading to increased personalisation for travellers.
Successful cities are those that are connected, in terms of both transportation options and mobile infrastructure
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.