This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Frost & Sullivan Analyses The New Mega Trends That Will Shape The Future Of Britain

LONDON, August 28, 2013 /PRNewswire/ -- Out of the 12 mega trends that will drive growth and innovation in the United Kingdom, one of the most significant will be connectivity and convergence which is driving the prowess of UK's digital economy. By 2020, there will be 200 million connected devices (six for every household) in the country, which is already well on its way to becoming a digital economy with novel business models and digital innovation hubs.

According to Frost & Sullivan's latest analysis, New Mega Trends in the United Kingdom , one of the major industries that will benefit from the proliferation of digital devices is retail. Online retail penetration is expected to reach over 26 percent by 2025 with one in four British citizens shopping online – the highest number in the world per capita. Over 80 percent of entertainment products will be sold online by 2025.

The New Mega Trends that will Shape the Future of Britain will be presented in Frost & Sullivan's web conference, taking place on Tuesday 3rd September at 4:00 p.m. BST ( 5:00 pm CET/ 11:00 a.m. EDT). Team Lead and Senior Research Analyst Archana Vidyasekar, Visionary Innovation Research Group, who worked on the analysis, will lead the briefing.

The bricks and clicks Mega Trend has influenced most British retailers to transition from a single or multiple channel to an integrated cross-channel model, merging the physical and virtual forms of retailing. These advanced retailing business models have opened up opportunities for allied industries such as logistics as well.

"The introduction of innovative last mile options such as click and collect will address challenges associated with urban deliveries, given the Mega Trend of urbanisation in Britain," explains Archana Vidyasekar. "In fact, 81 percent of the country's people will be living in urban areas, and this rapid rate of urbanisation will influence companies to optimise their operations, creating a smarter UK."

The country will follow the global pattern of cities – not countries – to drive wealth creation in the future. Cities could unlock about $1,097 billion in GDP contribution ( London accounted for 20 percent of UK's GDP in 2011 and could contribute about 25 percent in 2020) to meet the demand for smart city solutions such as integrated door-to-door systems, interoperable technology networks, and intelligent transport city solutions.

"Immense potential also exists in microsatellite manufacturing and its support services," explained Archana Amarnath, Program Manager based in London. "Another lucrative area is modern elderly care models such as assisted living home care as well as cutting-edge products with robotic technology and artificial intelligence, as the over-65s will represent one-fifth of the population and become one of the largest consumer groups for healthcare."

These new areas of growth in key industries will help economic development, boost private sector investment and promote partnerships with overseas companies.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,058.35 -469.68 -2.84%
S&P 500 1,913.85 -58.33 -2.96%
NASDAQ 4,636.1050 -140.4030 -2.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs