Transformational Growth Opportunities in a Country Facing Converging Forces of Change; Technology in America: Chapter 2 of a 3–part Series
This research service is chapter 2 of a 3-part series that examines the technological advancements and convergences led by major shifts in artificial intelligence, cognitive computing, 5G, blockchain and digital reality across cities, businesses, and consumers. The high rate of digital adoption, supported by strong indicators, such as over 95% smartphone adoption, shift toward a digital economy, and an increasingly digital ageing population by 2030, shows significant potential for technological advancements in the country. Further, a strong ecosystem driven by leading global technology market participants places the United States in a leadership position over the next decade. Challenges will persist, as countries, primarily China, make equally notable advancements in technological innovation during the same period.
As trends collide, businesses must prepare for several strategic imperatives. Key among these are geopolitical chaos, transformative Mega Trends, and disruptive technologies. Opportunities lie in digital upskilling and cybersecurity, as governments and businesses seek to scale their digital offerings to bring efficiency into consumers’ lives.
