Simon Cai 蔡曦 on LinkedIn: The next big arenas of competition

High level breakdown of the McKinsey & Company Global institute report: "The next big arenas of competition" - Revenue Potential (2040): 18 future arenas could generate $29–48 trillion ...

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Simon Cai 蔡曦 On LinkedIn: The Next Big Arenas Of Competition

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High level breakdown of the McKinsey & Company Global institute report: "The next big arenas of competition" - Revenue Potential (2040): 18 future arenas could generate $29–48 trillion ...

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McKinsey Report: 18 New Arenas For Competition, From Streaming …

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Nov 5, 2024 · • The 18 arenas of tomorrow will generate $29 to $48 trillion in revenues by 2040 and $2 to $6 trillion in profit. (See “One Great Chart,” below, for a list of the 18 arenas along …

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Chaeyoon Chelsie Kim On LinkedIn: The Next Big Arenas Of …

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Titled "The Next Big Arenas of Competition," this October 2024 publication identifies 18 sectors that could generate an astounding $29 trillion to $48 trillion in revenues by 2040. Key Areas of ...

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What future arenas will reshape the global economy?

We call these outperforming industries arenas of competition. A new report from the McKinsey Global Institute identifies 18 future arenas that could reshape the global economy between now and 2040, including AI software and services, future air mobility, drugs for obesity, and robotics. All told, they could generate up to $6 trillion in profits. ...

What are outperforming industries arenas of competition?

Certain industries create more value and have a greater impact than others. We call these outperforming industries arenas of competition. ...

What are outperformers arenas of competition?

We call these outperformers arenas of competition. They are defined by two characteristics: high growth and high dynamism. Due to their growth, they capture an outsize share of the economy’s overall expansion; in terms of dynamism, market share within them changes hands to an outsize degree. ...

How much money will arenas generate by 2040?

These future arenas could generate $2 trillion to $6 trillion in profit by 2040. Their collective share of global GDP could increase from 4 percent today to 10 to 16 percent by 2040. Twelve arenas of today showed outsize growth and dynamism from 2005 to 2020. ...

Why do arenas make so much money?

Arenas earn far greater profits than other industries do, they spawn a disproportionate number of global giants, and they offer unusually strong opportunities for new entrants to become powerhouses. Three combined ingredients in an “arena-creation potion” tend to generate the escalatory mode of competition that characterizes arenas. ...

What percentage of economic profit is generated by Arenas?

For example, the arenas of today generated 9 percent of our total sample’s economic profit in 2005. By 2019, they accounted for 49 percent of economic profit. These arenas are where major shifts in investment, R&D, value creation, and the rise of global corporations occur. ...