World’s Top Global Mega Trends To 2025

These flashcards cover essential vocabulary and key concepts related to global mega trends and their implications for business and society as discussed in the lecture.

Mega Trends

Transformative, global forces that define the future world with impactful effects on business, society, economy, culture, and personal lives.

Urbanization

The increasing population in urban areas, leading to cities evolving into customer-centric environments.

Smart is the New Green

A paradigm shift where smart technologies are integrated into green initiatives, optimizing resources and sustainability.

Health, Wellness, and Well-Being

Trends focusing on improving overall health and quality of life through various societal and technological initiatives.

Big Data

Data sets that are so large or complex that traditional data processing applications are inadequate.

Gamification

The use of game mechanics in non-game contexts to improve user engagement and drive specific behaviors.

Connectivity and Convergence

A trend where increased connectivity leads to the convergence of technology, industries, and products.

B2B

Business-to-Business; transactions conducted between companies rather than between a company and individual consumers.

Smart Cities

Urban areas that use various types of electronic methods and sensors to collect data and manage resources efficiently.

3D Printing

An additive manufacturing process that creates three-dimensional objects from a digital file.

Autonomous Cars

Vehicles capable of sensing their environment and operating without human involvement.

Eco Cities

Urban areas designed with consideration for environmental sustainability in areas like energy, resources, and waste management.

Future of Mobility

The evolving nature of transportation systems incorporating technology and innovative business models.

Individual Empowerment

The process by which individuals gain the ability to make informed decisions and take actions in their lives.

Collapsing Video Rentals

The decline of traditional video rental services due to the rise of digital streaming platforms.

Consumer Engagement

The process of building a relationship between a brand and its customers, often through interactive experiences.