With persistent geopolitical tensions and the resultant trade fragmentation continuing to shape the global economy, policy priorities among countries—advanced and emerging—are shifting toward macroeconomic frameworks that will insulate them from external shocks. Incremental reforms that support sustainability and Industry 5.0 practices will have profound global implications, thus changing investment trends and redefining economic partnerships.
The realignment of traditional economic alliances, as reshoring and the China+1 strategy gain traction, has led to the emergence of new production hotspots such as India, Vietnam, Saudi Arabia, Indonesia, and Mexico. These countries’ growing economic clout has resulted in establishing a new global order, expanding critical mineral supply chains, and building manufacturing capabilities across industries such as electronics, textiles, automotive, and pharmaceuticals. The integration of these emerging powerhouses into the current Western-driven economic landscape will provide impetus for green energy investments, digitalization of industrial processes, and socio-economic development.
This macroeconomic thought leadership provides a snapshot of future growth potential for the global economy amid ongoing geopolitical and diplomatic shifts. Decision-makers and businesses can leverage insights into country-specific growth opportunities that will take prominence as a result of structural shifts across sectors during the long term.
Key Features
Key topic areas covered:
- Outlook of the global economy
- Top 10 countries with the highest growth potential
- Country case studies
Frost Radar™: Economic Development, 2024—Strategic Imperatives
Frost Radar™: Economic Development, 2024—Growth Environment
Frost Radar™: Economic Development, 2024—Global Challenges
Frost Radar™: Economic Development, 2024—Top 5 Countries Based on Rank Improvement
Frost Radar™: Economic Development, 2024—Top 5 Emerging Countries Based on Rank Improvement
Frost Radar™: Economic Development, 2024—Global and Emerging Country Ranking
Frost Radar™: Economic Development, 2024—Global Country Ranking by Pillar
Frost Radar™: Economic Development, 2024—Global Competitive Environment
Australia
Finland
Germany
India
Malaysia
Saudi Arabia
Switzerland
United Arab Emirates
United States
Viet Nam
Significance of Being Among the Frontrunners
Frost Radar™ for Economic Development Empowers Governments/Policymakers
Frost Radar™ for Economic Development Empowers Investors
Frost Radar™ for Economic Development Empowers the CEO’s Growth Team
Frost Radar™ for Economic Development Framework—2 Axes, 7 Priorities
Frost Radar™ for Economic Development—Methodology
List of Countries
The Growth Axis—Economy, Investment, Citizens
The Innovation Axis—Six Pillars of Social Priorities
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Key Features
Key topic areas covered:
- Outlook of the global economy
- Top 10 countries with the highest growth potential
- Country case studies
| Deliverable Type | Frost Radar |
|---|---|
| Author | Krishamonish Mistry |
| Industries | Cross Industries |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Economic Development Insights |
| Keyword 2 | Regional Development Trends |
| Keyword 3 | Economic Growth |
| Podcast | No |
| Predecessor | PE67-01-00-00-00 |
| WIP Number | PFNE-01-00-00-00 |
Frost Radar™: Economic Development, 2024
The United States, Switzerland, and Germany are Global Frontrunners as Sustainability, Manufacturing Competitiveness, and Industry 5.0 Take Center Stage
22-Aug-2024
Global
Frost Radar
