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The Reshaping of Industries Caused by COVID-19, 2020 Report - Analysis of 9 Critical Forces Shaping Growth Opportunities - ResearchAndMarkets.com

·6-min read

The "The Reshaping of Industries Caused by COVID-19" report has been added to ResearchAndMarkets.com's offering.

No economy, industry, or business has been spared from the effects of the novel coronavirus (COVID-19). Some industries have naturally been affected more than others and the impacts have been on a larger scale. Major economies were already experiencing a slowdown due to other factors and this global pandemic has only added to the distress, hastening the decline in the world's GDP.

Risk mitigation actions become important during times of recovery. The publisher has identified an exhaustive list of short- and long-term key opportunities that will emerge from the reshaping of industries caused by COVID-19.

The 9 key trends that will emerge from the opportunity universe include the following:

Connected Work: Reformed connected work scenarios will drive the need for "cloud everything". New subscription-based models will witness a growing demand for Unified Communications as a Service (UCaaS).

Connected Living: An increased adoption of contactless surfaces post-pandemic will drive the home automation and security markets. Systems encompassing voice activation technology will become increasingly popular among consumers. Sales of smart home devices will see a 30% year-over-year (YoY) increase for the fiscal year 2020.

Supply Chain Optimization: Seamless integration of end-to-end digital supply chains will increase traceability, sustainability, and transparency within the supply chain ecosystem.

Lights-Out Operations: Autonomous 'Lights-Out' Operations will drive the demand for remote asset management solutions, and service providers will focus on data management strategies and data-driven business models.

Technology Advancements: Pandemic preparedness will speed up the deployment of artificial intelligence (AI) solutions and accelerate the pace of AI innovation. Between 32 million and 50 million US jobs could be increasingly assisted by technology to reduce health risks and safeguard productivity.

Smart Cities: Increased spending on technology by smart cities will lead to a surge in adoption of digital tools like crowd analytics, and an increased focus on developing digital platforms and apps for citizens.

Human Augmentation: The adoption rate of customer behavior analytics by enterprises will grow to 20%-21% from 2019 to 2025. Post COVID-199, behavioral data will be used to enhance healthcare systems, financial services, and cybersecurity.

Digital Health: Digital Health driven by telemedicine and robotic care will become the new standard of care delivery. Standardization of service across the care continuum will require an increase in the number of service and technology providers.

Geopolitical Balance: To protect themselves from economic fallout due to COVID, global organizations are coming together to restore geopolitical and economic balance. Organizations like WHO, the UN, and other public/private NGOs are working on rebuilding nations by ensuring that economic stimulus programs are prioritized.

It is evident that COVID-19 has had an impact on multiple facets of our lives - from the way we work, and conduct business or leisure. While some of these impacts have been shifting into major trends, the underlying technology transformation has been significantly accelerated. While this disruption has highlighted several gaps in the existing operating models, it also provides an opportunity to build more resilience in the system, and this is where companies should strategize, build, and grow in these times of adversity.

In the near term, companies should focus on diversifying their supply chain and leveraging new opportunities arising from changing customer demands. Over the long term, it is important to internally adapt to new technologies that support workplace and operational continuity to have a smoother transformation during the recovery phase of the pandemic.

Key Topics Covered:

1. Strategic Imperatives

  • Why Is It Increasingly Difficult to Grow?

  • The Strategic Imperative 8T

  • The Impact of the Top Three Strategic Imperatives on Industries Post COVID-19

  • COVID-19 Strategic Context

  • Economic Impact of COVID-19

  • The Post-COVID World - Growth Imperative

  • Key Findings

  • Growth Opportunities Critical for Future Success

  • Growth Opportunities Fuel the Growth Pipeline EngineT

2. Growth Opportunity Analysis

  • Connected Work - Key Facts

  • Connected Work - Overview and Post-COVID Outlook

  • Growth Drivers for Connected Work

  • Growth Restraints for Connected Work

  • Companies To Action Profile - Connected Work

  • Case in Point - Connected Work

  • Post-COVID Outlook

  • Connected Work - Summary

  • "Lights-Out" Operations - Overview and Outlook

  • "Lights-Out" Operations - Overview and Post-COVID Outlook

  • Growth Drivers for "Lights-Out" Operations

  • Growth Restraints for "Lights-Out" Operations

  • Companies To Action Profile - "Lights-Out" Operations

  • Case in Point - "Lights-Out" Operations

  • Post-COVID Outlook

  • "Lights-Out" Operations - Summary

  • Connected Living - Key Statistics

  • Connected Living - Overview and Post-COVID Outlook

  • Growth Drivers for Connected Living

  • Growth Restraints for Connected Living

  • Companies to Action Profile - Connected Living

  • Case in Point - Connected Living

  • Post-COVID Outlook

  • Connected Living - Summary

  • Technology Advancements - Key Facts

  • Technology Advancements - Overview and Post-COVID Outlook

  • Growth Drivers for Technology Advancements

  • Growth Restraints for Technology Advancements

  • Companies To Action Profile - Technology Advancements

  • Case in Point - Technology Advancements

  • Post-COVID Outlook

  • Technology Advancements - Summary

  • Supply Chain Optimization - Key Facts

  • Supply Chain Optimization - Overview and Post-COVID Outlook

  • Growth Drivers for Supply Chain Optimization

  • Growth Restraints for Supply Chain Optimization

  • Companies To Action Profile - Supply Chain Optimization

  • Case in Point - Supply Chain Optimization

  • Post-COVID Outlook

  • Supply Chain Optimization - Summary

  • Human Augmentation - Key Facts

  • Human Augmentation - Overview and Post-COVID Outlook

  • Growth Drivers for Human Augmentation

  • Growth Restraints for Human Augmentation

  • Companies to Action Profile - Human Augmentation

  • Case in Point - Human Augmentation

  • Post-COVID Outlook

  • Human Augmentation - Summary

  • Smart Cities - Key Facts

  • Smart Cities - Overview and Post-COVID Outlook

  • Growth Drivers for Smart Cities

  • Growth Restraints for Smart Cities

  • Companies to Action Profile - Smart Cities

  • Case in Point - Smart Cities

  • Post-COVID Outlook

  • Smart Cities - Summary

  • Digital Health - Overview and Outlook

  • Digital Health - Overview and Post-COVID Outlook

  • Growth Drivers for Digital Health

  • Growth Restraints for Digital Health

  • Companies To Action Profile - Digital Health

  • Case in Point - Digital Health

  • Post-COVID Outlook

  • Digital Health - Summary

  • Geopolitical Balance

  • Geopolitical Balance - Overview and Post-COVID Outlook

  • Growth Drivers for Geopolitical Balance

  • Growth Restraints for Geopolitical Balance

  • Companies to Action Profile - Geopolitical Balance

  • Case in Point - Geopolitical Balance

  • Post-COVID Outlook

  • Geopolitical Balance - Summary

3. Growth Opportunity Universe

  • Growth Opportunity Levers

  • Growth Opportunity - Connected Work

  • Growth Opportunity - "Lights-Out" Operations

  • Growth Opportunity - Connected Living

  • Growth Opportunity - Technology Advancements

  • Growth Opportunity - Supply Chain Optimization

  • Growth Opportunity - Human Augmentation

  • Growth Opportunity - Smart Cities

  • Growth Opportunity - Digital Health

  • Growth Opportunity - Geopolitical Balance

  • Identifying Your Company's Growth Zone

  • Critical Success Factors for Growth

4. Appendix

  • Introduction - Our Global Future Risks Universe

  • Introduction - How this Analysis Should be Read

5. Next Steps

  • Your Next Steps

  • Why The Publisher, Why Now?

  • List of Exhibits

For more information about this report visit https://www.researchandmarkets.com/r/oq0stq

View source version on businesswire.com: https://www.businesswire.com/news/home/20201215005977/en/

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