Among large emerging markets,
The study compared the factors that will help governments, investors and other private sector stakeholders leverage six global, transformational trends for growth and wellbeing across 70 countries.
These six global transformational trends are Exabyte Economy (advanced digital technologies), Wellbeing Economy (health prevention and wellness), Net Zero Economy (reduction of carbon emissions),
The combined business opportunity of all six trends is estimated at more than USD 44 trillion by 2030, more than 40 per cent of global GDP in 2023, the study said.
The study used data from recognised international organizations as well as a survey of 5,000 business executives conducted for the project by
These opportunities are likely to benefit the Global North more than the Global South in terms of economic growth and broader societal wellbeing and a strong industry base is needed to benefit, the report found.
The international development community must help developing countries take full advantage of these opportunities by strengthening related industries, it added.