Macroeconomics

Mexico’s demographic favorability through the next decade, its focus on education to fully capitalize the growing working and escalating digital accessibility, and its growing start-up business support mechanisms advocates the expanding Mexico’s culture of innovation. Though Mexico spend less than 1% of GDP in research and development compared ...

Small and medium enterprises (SMEs) in India generate 11% of country’s gross domestic product (GDP) and 45% of the entire manufacturing output, creating more than 100 million employment opportunities in the process. These SMEs not only act as key support units for large firms, but also help in expanding industry coverage in rural areas, strengthe...

04 Oct 2019  |  Global  |  Mega Trends

Future of Construction, Global, 2030

Revolutionary Trends Impacting the State of Construction Industry

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The construction industry plays a major role in driving economic growth in major developed and developing countries and has a direct impact on world GDP. This makes it important to focus on some of the major shortfalls in the industry, such as its traditional ways of carrying out business and the shortage of skilled labor which has slowed down grow...

Every 3 years, the team of futurists, analysts, and consultants at Frost & Sullivan's Visionary Innovation Group comes together to render a comprehensive analysis of the transformative, global forces that define the future world, with their far-reaching impact on businesses, economics, cultures, and personal lives. As we look to 2030, we see 12 tra...

Medical tourism is a booming industry that allows foreign patients to cross international borders to avail necessary medical treatment. Rising healthcare costs, inadequate healthcare facilities, increase in accessibility of better healthcare services and increasing awareness of one’s personal health are factors which are driving the growth of thi...

30 Jul 2019  |  Global  |  Mega Trends

Data Monetization, Forecast 2018–2022

Powering Innovation Through Data Monetization

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An increasing number of companies are starting to build data-driven strategies to fuel growth in the upcoming data economy. Though in its nascent stages, data monetization is having a huge effect on many industry verticals. Every company will, at some stage, transform into a data company through direct or indirect approaches. However, there is a la...

Generation Z, the generation that comes after millennials, is now coming of age, entering the workforce, and growing in consumer power. By 2027, Gen Z will represent 20% of the US population--about 70 million people. In the United States, it is estimated that Gen Z has a direct spending power of at least $143 billion and an indirect spending power ...

The study is a detailed forecast of the total number of IoT devices globally. The study is broken out by region: North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. The North American market is broken down between the United States and Canada. Each region is also broken down by application. The study is a combination of ...

Infrastructure that equips a city with clean water supply, a sustainable waste disposal mechanism, and renewable energy is called environmental infrastructure. It is evolving into a basic necessity for any city around the world. Just as drinking water needs to be treated to prevent water-borne diseases, an efficient waste disposal and waste treatme...