Mirror into the Megatrends
Viewpoint

23 Aug 2022
by Akshat Vaid, Nishant Udupa, Susmitha Devisetty

Digital technologies such as data analytics, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), 5G, cybersecurity and safety, and Augmented Reality / Virtual Reality (AR/VR) are driving growth in engineering and R&D. With digital becoming the pivot around which lifestyles today revolve, it is necessary for organizations to identify global technology-driven disruptions that will shape investments and opportunities over the coming years to understand the implications on businesses, industries, and the larger community. These disruptions, or megatrends, are expected to significantly shape enterprise thinking, investments, and decision-making around technology adoption and business models over this decade.

This research examines the role of digital technologies across five technology-driven disruptions, or megatrends, of the future: Industry 4.0 and smart operations, Intelligent and meta mobility, Digital healthcare, Sustainability, and Space systems. The study provides an overview of each of the five megatrends; explores growth drivers, enterprise spend areas, and use cases; and offers a view on how these megatrends will help shape the future.

Additionally, the research highlights the key challenges that enterprises will face as they invest in these megatrends and provides a roadmap to help enterprises scale adoption, while describing how service providers can help tackle some of these challenges.

Scope

Industry: digital engineering

Geography: global

Contents

This research presents Everest Group’s view on five technology-driven megatrends that will define this decade. The study examines:

  • Current state of the digital engineering market
  • Growth drivers, enterprise spend areas, use cases, impact of digital technologies, and future outlook across each of the five megatrends
  • Key enterprises challenges across the megatrends
  • A roadmap for enterprise megatrend adoption and the role of service providers

Membership(s)

Engineering Services

Sourcing and Vendor Management

 

Page Count: 49