In this episode of the McKinsey podcast, the hosts dive into a new report that highlights "arenas of competition"—fast-moving industries that are experiencing rapid changes in value and significant shifts in company players. These standout sectors, mainly found in the US and Greater China, are marked by transformative platform changes, intense competition focusing on capabilities rather than prices, and enormous market potential. The report outlines how these factors can help predict the next wave of industry leaders, pointing to electric vehicles, e-commerce, and advanced medicine as likely strongholds, alongside emerging fields like shared autonomous vehicles, robotics, and space as promising future contenders. The main message for business leaders is to assess their alignment with these dynamic areas and develop strategies to tap into the substantial growth and disruption opportunities they present.
