PGIM The Next Economy mobile

Uncovering secular themes through future market leaders

How are the new growth players taking the lead?

ECONOMY:

THE

The world we live in is very much different from 10 or even five years ago. This is the result of continued disruption in technology, which has created new and unique companies marking the biggest shifts their sectors have ever seen. This is the NEXT – New EXceptional Technologies – economy: global players anticipating trends and constantly changing our daily lives. So what are the themes of the future these companies are uncovering? From more bespoke ways to consume products to the most innovative uses of big data, a new wave of products and services stands out from the crowd and throws open the door of the new technological revolution. Here is how they do it:

WHAT IS THE NEXT ECONOMY?

In the early , mobile phones were mainly used for calls and text

2000s

There are now mobile phone online users accessing on-demand products and services every day

5 billion

of companies are using big data analytics today, up from in 2015

59%

17%

E-commerce market across major emerging economies could reach by 2025¹

$2.5 trillion

Cash is no longer king for many economies

The digital payment market is set to more than double to in 2023 from in 2018¹

$86.76

billion

$38 billion

Electric vehicles on the road will hit by 2030¹

125 million

AI-assisted robotic surgery is valued at ¹

$40 billion

WHO BENEFITS FROM THE NEXT ECONOMY?

SOCIETY

CONSUMERS

COMPANIES

INVESTORS

New technologies are empowering the companies of the future every day and don’t seem to stop. Jennison Associates has already identified many of these unique companies at their nascent stages.

THE NEXT ECONOMY IS HERE