The global economy may be slowing again. A trade war between the US and its largest trading partners is threatening to disrupt short-term projections for the second half of 2018 and 2019. Even if the current tensions give way to new trade agreements in the interests of stability, most economists expect the US economy to post a contraction by 2020, as interest rates increase and cyclical factors come into play. Historically, the US economy is overdue for a contraction, having posted a long streak of growth since 2009.
While it’s no surprise to learn that ICT spending continues moving to the 3rd Platform, or that new technologies like AR/VR and cognitive AI continue to deliver double-digit rates of growth during the current early stages of deployment and prototyping, there are many geographic differences in the way that new categories are gaining traction (or not) in different country markets and what this means for the likely economic benefits in the next 5-10 years.