The report discusses the acceleration of investment cycles, shifting value pools, and the emergence of new competitors scaling across industries in the next big arenas of competition.
The McKinsey Global Institute identified 18 future arenas of competition, such as AI services and space, that are driving global growth. These industries have grown approximately four times faster in market capitalization and ten times faster in revenue compared to other industries over the past three years. They represent the fastest-growing and most dynamic sectors, increasingly influencing the broader economy.