Register now
| | | | | |
New from McKinsey & Company |
|
|
| |
| | | Which industries will reshape the global economy in the next 15 years? Over the past two decades, a remarkably small number of industries have significantly transformed the global business landscape. These ‘arenas of competition’ are marked by their outsized growth and shifts in market share.
In a new report, the McKinsey Global Institute used the criteria of high growth and dynamism to identify 18 industries with potential to become the arenas of competition by 2040, spanning AI, space, modular construction, and nonmedical biotech. These arenas are set to reshape many aspects of the global economy and society, including data consumption, health, communication, and mobility, with broader implications for ethics, data privacy, and sustainability. By 2040, these arenas could generate $29-$48 trillion in revenues, $2-$6 trillion in profits, and as much as one-third of global GDP growth.
Join us on Wednesday, November 13 at 12:30PM-1:30PM ET (6:30PM-7:30PM CET) for a virtual event to explore the findings of a new report, The next big arenas of competition, featuring a presentation by the report authors and leading McKinsey experts. The session will explore: | | | | | The specific factors that contribute to the extraordinary growth and dynamism of arenas of competition compared to other industries | | | | | | | What strategies companies should adopt to effectively navigate and compete within these emerging arenas of competition, considering the key ingredients of arena creation | | | | | | | Lessons learned from the performance of the 12 arenas of today that can be applied to understanding and leveraging the future arenas | | | | | | | How the emergence of these 18 future arenas will impact global economic trends and societal structures over the next 15 years | | | | | | | | | | |
| | | | |
|
This email contains information about McKinsey's research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. |
|
You received this email because you subscribed to our McKinsey Global Institute alert list. |
|
|
Copyright © 2024 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007 |
|
|
|
|
