Jared Gordon’s Post

My colleagues at McKinsey Global Institute just published our new report, 'The Next Big Arenas of Competition,’ which explores 18 potential industries or ‘arenas’ of the future that could reshape the global economy – generating $29 trillion to $48 trillion in revenues by 2040. What does this mean for North America? US-based companies hold about 65% of the market cap of today's arenas and are well positioned in tomorrow's high-growth sectors. North America is a major driver of demand across all the arenas of the future. A few examples: - E-commerce could grow to a $3.0T to $4.9T in revenues, nearly one quarter of the global e-commerce market. Cloud could reach $720B to $1.5T in revenues, nearly half of global cloud revenues. And digital ads might be worth as much as $680M to $860M, around 30% of global revenues for digital ads. The future global influence of these industries though may be impacted by geopolitical shifts, potentially leading to distinct market ecosystems. The report dives into how North American firms can innovate and adapt to shifts in geopolitics, AI, and the green transition to maintain their lead. Thanks to the authors for these insights: Chris Bradley, Michael Chui, Kevin Russell, Kweilin Ellingrud, Michael Birshan, and Suhayl Chettih. mck.co/arenas hashtag #BusinessInsights hashtag #GlobalEconomy hashtag #Innovation hashtag #FutureArenas

18 category of industries #McKinsey describes it as: The #future_arenas that transform the #global_business landscape. And could reshape the #global_economy to generate up to $48 trillion in #revenues by 2040. 🔶 A Report by McKinsey Global Institute, titled “ The next big arenas of competition “, October 23, 2024. #growth , #resilience , #strategy , #research , #development , #innovation , #competitiveness #Summerized

What is your next career move? McKinsey & Company recently released a report on 18 industries expected to see strong growth and make significant contributions to GDP by 2030-2040. If you're considering a career pivot, these are the areas to watch. I’m glad to see e-commerce leading the list (great expectations from Korzinka Go), while retail and banking are in the soft position. The half-life of industries and technologies is quite long, but the trend is becoming increasingly clear. Also on the list are digital advertising (hello, #retailmedia) and cloud services (B2B SaaS is continuing to be the dominant business model in startups for the next 20 years).

The next big arenas of competition. Arenas are industries that transform the business landscape. Eighteen future arenas could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040. In this insightful and highly expert article, Chris Bradley, Michael Chui, Kevin Russell, Kweilin Ellingrud, Michael Birshan and Suhayl Chettih of McKinsey & Company describe the strategy behind global companies that are reshaping the global economy.

As we near the start of 2025, check out this McKinsey report to best position yourself for the future. Identify potential new business opportunities, stay ahead of market trends, develop innovative products and services, adapt to changing consumer needs, and even potentially create a new career path with significant growth potential! "Understanding potential arenas is relevant for entrepreneurs and incumbent companies that want to compete directly in arenas, other companies that would be affected by the emergence of arenas, as well as investors looking to allocate capital to these industries, along with people seeking jobs in the winning industries of the coming decades, and policy makers interested in how and where these industries affect their nations."

🚀 A $48 Trillion Business Opportunity You Can't Ignore Just finished a deep dive into McKinsey's latest research on emerging business arenas, and it's a game-changer. Here's what you need to know: 18 new business arenas are emerging that will generate between $29T-$48T by 2040. The biggest opportunities: • AI Software/Services: $4.6T • E-commerce: $20T • Cloud Services: $3.4T • Digital Ads: $2.9T • Space Tech: $1.6T But here's what makes this truly fascinating... These aren't just "growing industries." They're complete business transformations that share three critical elements: 1. Technology/business model breakthrough 2. Escalating investment cycles 3. Large addressable markets When you see all three, pay attention. That's where the next decade of wealth creation will happen. The key insight? Early movers in these arenas capture an average of 33% market share. And the top players end up controlling 75%+ of the value. Translation: The window for positioning yourself is now. Your action plan: • Map these arenas to your industry • Identify intersection points • Build strategic partnerships • Invest in capability building • Focus on scalable solutions The next 15 years will create more business value than the last 50 combined. The only question is: Will you be positioned to capture it? Thoughts on this transformation? Drop them below. 👇 #BusinessStrategy #Innovation #FutureOfBusiness #Leadership https://lnkd.in/gD2pGdaY

Arenas are industries that transform the business landscape. In this study from McKinsey Global Institute we have identified 18 future arenas that could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040.

I have just listened to the McKinsey report on the future competitive landscape. Thanks to the McKinsey team for the valuable insights! Here's what stood out to me about e-commerce: 1) E-commerce could be one of the leading areas in the future: As digital technologies evolve and new product categories emerge, e-commerce is well positioned to drive the global economy. 2) In developed markets, e-commerce already accounts for about 20% of retail sales: In regions such as North America, Asia-Pacific, and Europe, about 20% of retail sales are made online, with room for even more growth. 3) Enormous growth potential in emerging markets: In places like Latin America, Africa, and the Middle East, e-commerce represents a smaller share of retail sales, but the growth of smartphones and Internet access creates great expansion opportunities. I believe that the same will happen in Moldova, and the MD market needs to change.

In a transformative report, McKinsey Global Institute has identified 18 future arenas poised to reshape the global economy, projecting up to $48 trillion in revenue by 2040. These high-growth, dynamic industries—from AI software to modular construction and future air mobility—are set to expand their share of global GDP from 4% today to as much as 16% over the next two decades. Defined by rapid technological shifts, intense competition, and substantial market opportunities, these arenas present significant value-creation opportunities for businesses, investors, and policymakers alike. Chris Bradley Michael Chui Kweilin Ellingrud Michael Birshan Suhayl Chettih #futureofbusiness #strategy #innovation McKinsey & Company #economictrends https://lnkd.in/deDcbuFp

18 industries have the potential to transform the business landscape and the world—the next big arenas of competition ️🏟️ ⏩ Swipe to explore key findings from the McKinsey Global Institute’s new report. Dive deeper: mck.co/arenas #NeverJustTech