MGI research identifies 18 future arenas of competition—from AI services to space—that are increasingly shaping the global growth story. By definition, these arenas are the fastest-growing and most dynamic industries. The latest analysis shows they have expanded roughly four times faster than other sectors in market capitalization and ten times faster in revenue. It also highlights the emergence of a new type of competitor—the “omniscaler”—with nine companies now competing at scale across multiple arenas.
The webcast featured a presentation on the research findings by report authors Chris Bradley and Kevin Russell, followed by a panel discussion with leading McKinsey experts Naveen Sastry, Gayatri Shenai, and Brendan Gaffey.
Questions discussed during the event included:
- What are the risks, opportunities, and implications of arenas for corporate strategy?
- What sets omniscalers apart from traditional tech companies, and how durable is their advantage as AI evolves?
- What could constrain the growth of AI infrastructure, and who captures most of its value?
- What is the most important step a company can take to become a major player in a new arena?
For more on this topic, please watch the virtual event recording and read our report, The race takes off in the next big arenas of competition.