SlideShare a Scribd company logo

Global Challengers 2018: Digital Leapfrogs

Boston Consulting Group
Boston Consulting Group
Boston Consulting GroupSocial Media Marketing Specialist at Boston Consulting Group

BCG’s 2018 global challengers—100 rapidly globalizing companies from emerging markets—are getting ahead of the competition by using digital technologies.

Global Challengers 2018: Digital Leapfrogs

1 of 9
MAY 2018
Research Highlights
Global Challengers
2018: Digital
Leapfrogs
1
Exhibit 1. Emerging-Market Companies Excel Across
Industry Sectors
Sources: Capital IQ; OECD; BCG analysis.
Note: Revenue growth is the compound annual growth rate for the 10,000 largest companies in each
year. Industry sectors based on Capital IQ's standard sector classifications. Consumer includes both
Consumer
IT Materials
Energy Financials
Real estate
Health care
Telecom
Industrials
Utilities
11%
3% 5%
1%
Overall market
2%
8%
30%
7%
4%
12%
9%
4% 1%
7%
15%
28%
–1%
2%
9%
3%
Revenue growth by industry, 2007–2016
2
Exhibit 2. Consumers in Emerging Markets Are Buying
More Online
0
30
706050403020100
10
20
Growth in online users who buy online, 2009–2016 (%)
US
UK
France
Germany
South Korea
India
China
Brazil
Argentina
Growth in internet penetration, 2009–2016 (%)
Mexico
Japan
Russia
Indonesia
Sources: Forrester Research; eMarketer.
Note: Growth in internet penetration and in online users who buy online are compound annual growth rates.
Emerging markets Developed markets
3
Exhibit 3.
Emerging-
Market
Companies Are
Gaining Share
in Digital-
Related Sectors
2016
32
68
2015
29
71
16
26
74
2013
24
Share of global internet software and service revenue (%)
2008
8
92
2007
7
93
76
2012
84
2011
14
86
20142010
12
88
2009
10
90
Emerging-market companies
Developed-market companies
Sources: Capital IQ; OECD; BCG analysis.
Note: Based on Capital IQ's standard industry classifications; reflects only the 250 largest publicly traded
companies.
4
Exhibit 4. One-Third of the 100 Largest Unicorns Are
from Emerging Markets
Other developed-
market unicorns
18
US unicorns
49
100
Other emerging-
market unicorns
8
Chinese unicorns
25
33%
combined share
of the top 100
unicorns
Sources: CB Insights; BCG analysis.
Total
5
Exhibit 5. The 2018 BCG Global Challengers
Graduates Global Challengers
Alibaba (China)
China
Communications
Construction Co.
(China)
SABIC (Saudi Arabia)
Tencent (China)
AirAsia (Malaysia)
Alfa (Mexico)
Alicorp (Peru)
Almarai (Saudi Arabia)
Alpargatas (Brazil)
Apollo Tyres (India)
Arca Continental (Mexico)
Aspen Pharmacare (South
Africa)
AVIC (China)
Axiata Group Berhad
(Malaysia)
Ayala Corp. (Philippines)
Bajaj Auto (India)
Bharti Airtel (India)
BRF (Brazil)
BYD (China)
Charoen Pokphand Foods
(Thailand)
ChemChina (China)
China National Offshore Oil
Co. (China)
China Railway Construction
Corp. (China)
Cielo (Brazil)
CITIC Group (China)
Concha y Toro (Chile)
Dangote Cement (Nigeria)
Discovery (South Africa)
Dr. Reddy's Laboratories (India)
Elsewedy Electric (Egypt)
Embraer (Brazil)
Emirates Global Aluminium
(United Arab Emirates)
Etihad Airways (United Arab
Emirates)
Etisalat (United Arab Emirates)
EuroChem (Russia)
Falabella (Chile)
FEMSA (Mexico)
Fuyao Glass Industry Group
(China)
Geely (China)
Gerdau (Brazil)
Godrej Consumer Products
(India)
Golden Agri-Resources
(Indonesia)
Goldwind (China)
GRUMA (Mexico)
Grupo Empresarial
Antioqueña (Colombia)
Grupo Gloria (Peru)
Grupo México (Mexico)
Haier (China)
IHH Healthcare (Malaysia)
Indofood (Indonesia)
Indorama Ventures
(Thailand)
Infosys (India)
Iochpe-Maxion (Brazil)
Jain Irrigation Systems
(India)
JinkoSolar (China)
Jollibee Foods (Philippines)
Koç Holding (Turkey)
Larsen & Toubro (India)
LATAM (Chile)
LC Waikiki (Turkey)
Lukoil (Russia)
Lupin (India)
Mahindra & Mahindra (India)
MercadoLibre (Argentina)
Mexichem (Mexico)
Midea Group (China)
Mindray (China)
Motherson Sumi Systems
(India)
MTN (South Africa)
Natura (Brazil)
OCP Group (Morocco)
OPPO Electronics (China)
Pegasus Airlines (Turkey)
PetroChina (China)
Petronas (Malaysia)
PTT (Thailand)
Qatar Airways (Qatar)
Reliance Industries (India)
Sabancı Holding (Turkey)
Safaricom (Kenya)
Sasol (South Africa)
Sinochem (China)
Sinohydro (China)
Sun Pharmaceuticals (India)
Tech Mahindra (India)
Tenaris (Argentina)
ThaiBev (Thailand)
Thai Union Group (Thailand)
Tianqi Lithium Corporation
(China)
Trina Solar (China)
Turkish Airlines (Turkey)
Unionpay (China)
Universal Robina (Philippines)
UPL (India)
Vedanta Resources (India)
Votorantim (Brazil)
Wanxiang (China)
WEG (Brazil)
Weichai Power(China)
Wipro (India)
Xiaomi (China)
Yildız Holding (Turkey)
Zhengzhou Yutong Bus (China)
Zoomlion (China)
Source: BCG analysis.
Note: Companies in green are new additions on this year's list.

Recommended

Salesforce Basecamp Helsinki 8.5.2018 - Boston Consulting Group
Salesforce Basecamp Helsinki 8.5.2018 - Boston Consulting GroupSalesforce Basecamp Helsinki 8.5.2018 - Boston Consulting Group
Salesforce Basecamp Helsinki 8.5.2018 - Boston Consulting GroupSalesforce Finland
 
Chinese Internet Economy White Paper 2.0 - Decoding the Chinese Internet 2.0:...
Chinese Internet Economy White Paper 2.0 - Decoding the Chinese Internet 2.0:...Chinese Internet Economy White Paper 2.0 - Decoding the Chinese Internet 2.0:...
Chinese Internet Economy White Paper 2.0 - Decoding the Chinese Internet 2.0:...Boston Consulting Group
 
Seven Forces Reshaping Enterprise Software
Seven Forces Reshaping Enterprise SoftwareSeven Forces Reshaping Enterprise Software
Seven Forces Reshaping Enterprise SoftwareBoston Consulting Group
 
The Great Mobility Tech Race: Winning the battle for future profits
The Great Mobility Tech Race: Winning the battle for future profitsThe Great Mobility Tech Race: Winning the battle for future profits
The Great Mobility Tech Race: Winning the battle for future profitsBoston Consulting Group
 
2018 Local Dynamos: Emerging-Market Companies Up Their Game
2018 Local Dynamos: Emerging-Market Companies Up Their Game2018 Local Dynamos: Emerging-Market Companies Up Their Game
2018 Local Dynamos: Emerging-Market Companies Up Their GameBoston Consulting Group
 
What’s Chipping Away at Automotive Production
What’s Chipping Away at Automotive ProductionWhat’s Chipping Away at Automotive Production
What’s Chipping Away at Automotive ProductionBoston Consulting Group
 

More Related Content

What's hot

Right Cloud Mindset: Survey Results Hospitality | Accenture
Right Cloud Mindset: Survey Results Hospitality | AccentureRight Cloud Mindset: Survey Results Hospitality | Accenture
Right Cloud Mindset: Survey Results Hospitality | Accentureaccenture
 
Retail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey FindingsRetail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey FindingsBoston Consulting Group
 
Top 8 Insights From the 2018 Beauty, Health & Wellness Survey
Top 8 Insights From the 2018 Beauty, Health & Wellness SurveyTop 8 Insights From the 2018 Beauty, Health & Wellness Survey
Top 8 Insights From the 2018 Beauty, Health & Wellness SurveyL.E.K. Consulting
 
Turning big data into big revenue
Turning big data into big revenueTurning big data into big revenue
Turning big data into big revenuePwC
 
Infrastructure Victoria - AZ/ZEV International Scan
Infrastructure Victoria - AZ/ZEV International ScanInfrastructure Victoria - AZ/ZEV International Scan
Infrastructure Victoria - AZ/ZEV International ScanL.E.K. Consulting
 
EY Germany FinTech Landscape
EY Germany FinTech LandscapeEY Germany FinTech Landscape
EY Germany FinTech LandscapeEY
 
2016 Strategic Hospital Priorities Study
2016 Strategic Hospital Priorities Study2016 Strategic Hospital Priorities Study
2016 Strategic Hospital Priorities StudyL.E.K. Consulting
 
Digital Consumers, Emerging Markets, and the $4 Trillion Future
Digital Consumers, Emerging Markets, and the $4 Trillion FutureDigital Consumers, Emerging Markets, and the $4 Trillion Future
Digital Consumers, Emerging Markets, and the $4 Trillion FutureBoston Consulting Group
 
Addressing Homelessness in King County
Addressing Homelessness in King CountyAddressing Homelessness in King County
Addressing Homelessness in King CountyMcKinsey & Company
 
Lifting the Barriers to Retail Innovation in ASEAN | A.T. Kearney
Lifting the Barriers to Retail Innovation in ASEAN | A.T. KearneyLifting the Barriers to Retail Innovation in ASEAN | A.T. Kearney
Lifting the Barriers to Retail Innovation in ASEAN | A.T. KearneyKearney
 
Global Capital Confidence Barometer 21st edition
Global Capital Confidence Barometer 21st editionGlobal Capital Confidence Barometer 21st edition
Global Capital Confidence Barometer 21st editionEY
 
2019 Media and Entertainment Study
2019 Media and Entertainment Study2019 Media and Entertainment Study
2019 Media and Entertainment StudyL.E.K. Consulting
 
The Decade to Deliver: A Call to Business Action
The Decade to Deliver: A Call to Business Action The Decade to Deliver: A Call to Business Action
The Decade to Deliver: A Call to Business Action accenture
 
The Diversity Imperative: 14th Annual Australian Chief Executive Study
The Diversity Imperative: 14th Annual Australian Chief Executive StudyThe Diversity Imperative: 14th Annual Australian Chief Executive Study
The Diversity Imperative: 14th Annual Australian Chief Executive StudyPwC's Strategy&
 
China Exit or Co-Investment Opportunities for German PE Investors
China Exit or Co-Investment Opportunities for German PE InvestorsChina Exit or Co-Investment Opportunities for German PE Investors
China Exit or Co-Investment Opportunities for German PE InvestorsL.E.K. Consulting
 
When, Where & How AI Will Boost Federal Workforce Productivity
When, Where & How AI Will Boost Federal Workforce ProductivityWhen, Where & How AI Will Boost Federal Workforce Productivity
When, Where & How AI Will Boost Federal Workforce Productivityaccenture
 
Private Sector Opportunity to Improve Well-Being
Private Sector Opportunity to Improve Well-Being Private Sector Opportunity to Improve Well-Being
Private Sector Opportunity to Improve Well-Being Boston Consulting Group
 
The 360 supply chain: Bain & Company examines changes needed to make supply c...
The 360 supply chain: Bain & Company examines changes needed to make supply c...The 360 supply chain: Bain & Company examines changes needed to make supply c...
The 360 supply chain: Bain & Company examines changes needed to make supply c...National Retail Federation
 

What's hot (20)

Right Cloud Mindset: Survey Results Hospitality | Accenture
Right Cloud Mindset: Survey Results Hospitality | AccentureRight Cloud Mindset: Survey Results Hospitality | Accenture
Right Cloud Mindset: Survey Results Hospitality | Accenture
 
Retail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey FindingsRetail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey Findings
 
Top 8 Insights From the 2018 Beauty, Health & Wellness Survey
Top 8 Insights From the 2018 Beauty, Health & Wellness SurveyTop 8 Insights From the 2018 Beauty, Health & Wellness Survey
Top 8 Insights From the 2018 Beauty, Health & Wellness Survey
 
Turning big data into big revenue
Turning big data into big revenueTurning big data into big revenue
Turning big data into big revenue
 
Infrastructure Victoria - AZ/ZEV International Scan
Infrastructure Victoria - AZ/ZEV International ScanInfrastructure Victoria - AZ/ZEV International Scan
Infrastructure Victoria - AZ/ZEV International Scan
 
EY Germany FinTech Landscape
EY Germany FinTech LandscapeEY Germany FinTech Landscape
EY Germany FinTech Landscape
 
2016 Strategic Hospital Priorities Study
2016 Strategic Hospital Priorities Study2016 Strategic Hospital Priorities Study
2016 Strategic Hospital Priorities Study
 
COVID-19 Therapies and Vaccines
COVID-19 Therapies and VaccinesCOVID-19 Therapies and Vaccines
COVID-19 Therapies and Vaccines
 
Digital Consumers, Emerging Markets, and the $4 Trillion Future
Digital Consumers, Emerging Markets, and the $4 Trillion FutureDigital Consumers, Emerging Markets, and the $4 Trillion Future
Digital Consumers, Emerging Markets, and the $4 Trillion Future
 
Addressing Homelessness in King County
Addressing Homelessness in King CountyAddressing Homelessness in King County
Addressing Homelessness in King County
 
Lifting the Barriers to Retail Innovation in ASEAN | A.T. Kearney
Lifting the Barriers to Retail Innovation in ASEAN | A.T. KearneyLifting the Barriers to Retail Innovation in ASEAN | A.T. Kearney
Lifting the Barriers to Retail Innovation in ASEAN | A.T. Kearney
 
Global Capital Confidence Barometer 21st edition
Global Capital Confidence Barometer 21st editionGlobal Capital Confidence Barometer 21st edition
Global Capital Confidence Barometer 21st edition
 
2019 Media and Entertainment Study
2019 Media and Entertainment Study2019 Media and Entertainment Study
2019 Media and Entertainment Study
 
The Decade to Deliver: A Call to Business Action
The Decade to Deliver: A Call to Business Action The Decade to Deliver: A Call to Business Action
The Decade to Deliver: A Call to Business Action
 
The Diversity Imperative: 14th Annual Australian Chief Executive Study
The Diversity Imperative: 14th Annual Australian Chief Executive StudyThe Diversity Imperative: 14th Annual Australian Chief Executive Study
The Diversity Imperative: 14th Annual Australian Chief Executive Study
 
China Exit or Co-Investment Opportunities for German PE Investors
China Exit or Co-Investment Opportunities for German PE InvestorsChina Exit or Co-Investment Opportunities for German PE Investors
China Exit or Co-Investment Opportunities for German PE Investors
 
BCG Telco Sustainability Index
BCG Telco Sustainability IndexBCG Telco Sustainability Index
BCG Telco Sustainability Index
 
When, Where & How AI Will Boost Federal Workforce Productivity
When, Where & How AI Will Boost Federal Workforce ProductivityWhen, Where & How AI Will Boost Federal Workforce Productivity
When, Where & How AI Will Boost Federal Workforce Productivity
 
Private Sector Opportunity to Improve Well-Being
Private Sector Opportunity to Improve Well-Being Private Sector Opportunity to Improve Well-Being
Private Sector Opportunity to Improve Well-Being
 
The 360 supply chain: Bain & Company examines changes needed to make supply c...
The 360 supply chain: Bain & Company examines changes needed to make supply c...The 360 supply chain: Bain & Company examines changes needed to make supply c...
The 360 supply chain: Bain & Company examines changes needed to make supply c...
 

Similar to Global Challengers 2018: Digital Leapfrogs

Iot chip market
Iot chip marketIot chip market
Iot chip markettechno110
 
How IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply ChainHow IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply ChainSCL HUB
 
How IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply ChainHow IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply ChainSCL HUB Conference
 
Tracking the next megatrend
Tracking the next megatrendTracking the next megatrend
Tracking the next megatrendIvan Grishin
 
Think Asia, Invest Thailand (July 2019)
Think Asia, Invest Thailand (July 2019)Think Asia, Invest Thailand (July 2019)
Think Asia, Invest Thailand (July 2019)Startups Greater Asia
 
State of IoT market 2018 Ukraine
State of IoT market 2018 UkraineState of IoT market 2018 Ukraine
State of IoT market 2018 UkraineAPPAU_Ukraine
 
Tracxn Research — Wearable Technology Landscape, September 2016
Tracxn Research  — Wearable Technology Landscape, September 2016Tracxn Research  — Wearable Technology Landscape, September 2016
Tracxn Research — Wearable Technology Landscape, September 2016Tracxn
 
Tracxn - Industrial Robotics Startup Landscape
Tracxn - Industrial Robotics Startup LandscapeTracxn - Industrial Robotics Startup Landscape
Tracxn - Industrial Robotics Startup LandscapeTracxn
 
94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...
94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...
94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...Mindbowser Inc
 
[Article] Technology adoption in logistics and Multi-Modal Transport
[Article] Technology adoption in logistics and Multi-Modal Transport[Article] Technology adoption in logistics and Multi-Modal Transport
[Article] Technology adoption in logistics and Multi-Modal TransportBiswadeep Ghosh Hazra
 
China: who are the new unicorns?
China: who are the new unicorns?China: who are the new unicorns?
China: who are the new unicorns?尹思哲
 
India ict market insights sept2015
India ict market insights sept2015India ict market insights sept2015
India ict market insights sept2015John Jeremiah
 
E+ opportunities & winning strategies
E+ opportunities & winning strategiesE+ opportunities & winning strategies
E+ opportunities & winning strategiesZinnov
 
TCI 2016 How SME clusters in India and developing countries respond to the ra...
TCI 2016 How SME clusters in India and developing countries respond to the ra...TCI 2016 How SME clusters in India and developing countries respond to the ra...
TCI 2016 How SME clusters in India and developing countries respond to the ra...TCI Network
 
Microeconomics - Great Applied Examples for Exams
Microeconomics - Great Applied Examples for ExamsMicroeconomics - Great Applied Examples for Exams
Microeconomics - Great Applied Examples for Examstutor2u
 

Similar to Global Challengers 2018: Digital Leapfrogs (20)

Iot chip market
Iot chip marketIot chip market
Iot chip market
 
How IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply ChainHow IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply Chain
 
How IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply ChainHow IoT Will Support Tomorrow's Digital Supply Chain
How IoT Will Support Tomorrow's Digital Supply Chain
 
Tracking the next megatrend
Tracking the next megatrendTracking the next megatrend
Tracking the next megatrend
 
Tracking the next megatrend
Tracking the next megatrendTracking the next megatrend
Tracking the next megatrend
 
Think Asia, Invest Thailand (July 2019)
Think Asia, Invest Thailand (July 2019)Think Asia, Invest Thailand (July 2019)
Think Asia, Invest Thailand (July 2019)
 
State of IoT market 2018 Ukraine
State of IoT market 2018 UkraineState of IoT market 2018 Ukraine
State of IoT market 2018 Ukraine
 
Thailand's Automation and Robotics (2019)
Thailand's Automation and Robotics (2019)Thailand's Automation and Robotics (2019)
Thailand's Automation and Robotics (2019)
 
Tracxn Research — Wearable Technology Landscape, September 2016
Tracxn Research  — Wearable Technology Landscape, September 2016Tracxn Research  — Wearable Technology Landscape, September 2016
Tracxn Research — Wearable Technology Landscape, September 2016
 
Tracxn - Industrial Robotics Startup Landscape
Tracxn - Industrial Robotics Startup LandscapeTracxn - Industrial Robotics Startup Landscape
Tracxn - Industrial Robotics Startup Landscape
 
It cfinal
It cfinalIt cfinal
It cfinal
 
One's Loss is Another's Gain
One's Loss is Another's GainOne's Loss is Another's Gain
One's Loss is Another's Gain
 
94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...
94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...
94% enterprises will use IoT by end of 2021: Microsoft announces IoT Signals ...
 
[Article] Technology adoption in logistics and Multi-Modal Transport
[Article] Technology adoption in logistics and Multi-Modal Transport[Article] Technology adoption in logistics and Multi-Modal Transport
[Article] Technology adoption in logistics and Multi-Modal Transport
 
China: who are the new unicorns?
China: who are the new unicorns?China: who are the new unicorns?
China: who are the new unicorns?
 
India ict market insights sept2015
India ict market insights sept2015India ict market insights sept2015
India ict market insights sept2015
 
IoT research results (Jan2017) - by Ahmad Haji
IoT research results (Jan2017) - by Ahmad HajiIoT research results (Jan2017) - by Ahmad Haji
IoT research results (Jan2017) - by Ahmad Haji
 
E+ opportunities & winning strategies
E+ opportunities & winning strategiesE+ opportunities & winning strategies
E+ opportunities & winning strategies
 
TCI 2016 How SME clusters in India and developing countries respond to the ra...
TCI 2016 How SME clusters in India and developing countries respond to the ra...TCI 2016 How SME clusters in India and developing countries respond to the ra...
TCI 2016 How SME clusters in India and developing countries respond to the ra...
 
Microeconomics - Great Applied Examples for Exams
Microeconomics - Great Applied Examples for ExamsMicroeconomics - Great Applied Examples for Exams
Microeconomics - Great Applied Examples for Exams
 

More from Boston Consulting Group

Sources of advantage in Regulatory Filing Management
Sources of advantage in Regulatory Filing Management Sources of advantage in Regulatory Filing Management
Sources of advantage in Regulatory Filing Management Boston Consulting Group
 
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19Boston Consulting Group
 
Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening Boston Consulting Group
 
Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19Boston Consulting Group
 
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?Boston Consulting Group
 
Unlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities ServicesUnlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities ServicesBoston Consulting Group
 
Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20 Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20 Boston Consulting Group
 
COVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis ChecklistCOVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis ChecklistBoston Consulting Group
 
Covid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital TransformationCovid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital TransformationBoston Consulting Group
 
COVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for NonprofitsCOVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for NonprofitsBoston Consulting Group
 
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...Boston Consulting Group
 
Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19Boston Consulting Group
 
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...Boston Consulting Group
 
How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?Boston Consulting Group
 
What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)Boston Consulting Group
 

More from Boston Consulting Group (20)

Sources of advantage in Regulatory Filing Management
Sources of advantage in Regulatory Filing Management Sources of advantage in Regulatory Filing Management
Sources of advantage in Regulatory Filing Management
 
Green Venture Opportunities
Green Venture Opportunities Green Venture Opportunities
Green Venture Opportunities
 
Reinvent M
Reinvent MReinvent M
Reinvent M
 
BCG Telco Sustainability Index
BCG Telco Sustainability IndexBCG Telco Sustainability Index
BCG Telco Sustainability Index
 
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
 
Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening
 
Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19
 
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
 
Unlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities ServicesUnlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities Services
 
Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20 Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20
 
Navigating the COVID-19 Crisis V1
Navigating the COVID-19 Crisis V1Navigating the COVID-19 Crisis V1
Navigating the COVID-19 Crisis V1
 
COVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis ChecklistCOVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis Checklist
 
Covid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital TransformationCovid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
 
COVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for NonprofitsCOVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for Nonprofits
 
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
 
Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19
 
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
 
How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?
 
What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)
 
Decoding the Human
Decoding the HumanDecoding the Human
Decoding the Human
 

Recently uploaded

Communications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdfCommunications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdfBloomerang
 
Truths and Myths of Innovation and Entrepreneurship
Truths and Myths of Innovation and EntrepreneurshipTruths and Myths of Innovation and Entrepreneurship
Truths and Myths of Innovation and EntrepreneurshipYannis Charalabidis
 
Trending Topics for events Presentation.pdf
Trending Topics for events Presentation.pdfTrending Topics for events Presentation.pdf
Trending Topics for events Presentation.pdfgaju619
 
New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024Franchize Consultants
 
MM Workshop Feb 2024 One Page Retirement Plan Simplified.pdf
MM Workshop Feb 2024 One Page Retirement Plan Simplified.pdfMM Workshop Feb 2024 One Page Retirement Plan Simplified.pdf
MM Workshop Feb 2024 One Page Retirement Plan Simplified.pdfLogan Parks
 
The Story of Pharis Aboobacker.pptx
The Story of Pharis Aboobacker.pptxThe Story of Pharis Aboobacker.pptx
The Story of Pharis Aboobacker.pptxBhargavi M
 
KJPoppe DG AGRI Certification as a tool to reduce administrative burdens
KJPoppe DG AGRI Certification as a tool to reduce administrative burdensKJPoppe DG AGRI Certification as a tool to reduce administrative burdens
KJPoppe DG AGRI Certification as a tool to reduce administrative burdensKrijn Poppe
 
"ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst...
"ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst..."ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst...
"ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst...Rachele Fleming
 
How to generate FOMO for your next launch (in 4 steps).pptx
How to generate FOMO for your next launch (in 4 steps).pptxHow to generate FOMO for your next launch (in 4 steps).pptx
How to generate FOMO for your next launch (in 4 steps).pptxFOMO Creator
 
UPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptx
UPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptxUPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptx
UPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptxJenniferJenkins94
 
20 types of divergence.pdf
20 types of divergence.pdf20 types of divergence.pdf
20 types of divergence.pdfNana Osae
 
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...Supavadee(Noi) Tantiyanon
 
New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024Franchize Consultants
 
Medirom Healthcare Technologies Inc. Investor Presentation
Medirom  Healthcare Technologies Inc. Investor PresentationMedirom  Healthcare Technologies Inc. Investor Presentation
Medirom Healthcare Technologies Inc. Investor Presentationssusera2656e
 
HPM Hindustan M-45 (Fungicides) Presentation
HPM Hindustan M-45 (Fungicides) PresentationHPM Hindustan M-45 (Fungicides) Presentation
HPM Hindustan M-45 (Fungicides) PresentationHpm India
 
Trumps Racist problem, White Nationalist.pdf
Trumps Racist problem, White Nationalist.pdfTrumps Racist problem, White Nationalist.pdf
Trumps Racist problem, White Nationalist.pdfSourav Sikder
 

Recently uploaded (20)

Authentically Social by Corey Perlman (MyBOD)
Authentically Social by Corey Perlman (MyBOD)Authentically Social by Corey Perlman (MyBOD)
Authentically Social by Corey Perlman (MyBOD)
 
Communications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdfCommunications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdf
 
Truths and Myths of Innovation and Entrepreneurship
Truths and Myths of Innovation and EntrepreneurshipTruths and Myths of Innovation and Entrepreneurship
Truths and Myths of Innovation and Entrepreneurship
 
Trending Topics for events Presentation.pdf
Trending Topics for events Presentation.pdfTrending Topics for events Presentation.pdf
Trending Topics for events Presentation.pdf
 
Charlie Caldwell - Living Smart with AI.pdf
Charlie Caldwell - Living Smart with AI.pdfCharlie Caldwell - Living Smart with AI.pdf
Charlie Caldwell - Living Smart with AI.pdf
 
New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024
 
MM Workshop Feb 2024 One Page Retirement Plan Simplified.pdf
MM Workshop Feb 2024 One Page Retirement Plan Simplified.pdfMM Workshop Feb 2024 One Page Retirement Plan Simplified.pdf
MM Workshop Feb 2024 One Page Retirement Plan Simplified.pdf
 
The Story of Pharis Aboobacker.pptx
The Story of Pharis Aboobacker.pptxThe Story of Pharis Aboobacker.pptx
The Story of Pharis Aboobacker.pptx
 
KJPoppe DG AGRI Certification as a tool to reduce administrative burdens
KJPoppe DG AGRI Certification as a tool to reduce administrative burdensKJPoppe DG AGRI Certification as a tool to reduce administrative burdens
KJPoppe DG AGRI Certification as a tool to reduce administrative burdens
 
"ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst...
"ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst..."ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst...
"ZERO-COST PASSIVE INCOME MASTERY: THE 3-STEP SYSTEM" Same Proven 3-Step Syst...
 
How to generate FOMO for your next launch (in 4 steps).pptx
How to generate FOMO for your next launch (in 4 steps).pptxHow to generate FOMO for your next launch (in 4 steps).pptx
How to generate FOMO for your next launch (in 4 steps).pptx
 
UPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptx
UPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptxUPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptx
UPDATEDJenkins_Jennifer_EBS_PB1_2023-July.pptx
 
20 types of divergence.pdf
20 types of divergence.pdf20 types of divergence.pdf
20 types of divergence.pdf
 
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
Decoding Generative AI-AI Playbook for Marketing Students_UPower DUGA_Supavad...
 
New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024New Zealand Franchising Confidence Index | January 2024
New Zealand Franchising Confidence Index | January 2024
 
Carol Scott - How to Thrive in the AI Era.pdf
Carol Scott - How to Thrive in the AI Era.pdfCarol Scott - How to Thrive in the AI Era.pdf
Carol Scott - How to Thrive in the AI Era.pdf
 
Polyene General Industries Private Limited
Polyene General Industries Private LimitedPolyene General Industries Private Limited
Polyene General Industries Private Limited
 
Medirom Healthcare Technologies Inc. Investor Presentation
Medirom  Healthcare Technologies Inc. Investor PresentationMedirom  Healthcare Technologies Inc. Investor Presentation
Medirom Healthcare Technologies Inc. Investor Presentation
 
HPM Hindustan M-45 (Fungicides) Presentation
HPM Hindustan M-45 (Fungicides) PresentationHPM Hindustan M-45 (Fungicides) Presentation
HPM Hindustan M-45 (Fungicides) Presentation
 
Trumps Racist problem, White Nationalist.pdf
Trumps Racist problem, White Nationalist.pdfTrumps Racist problem, White Nationalist.pdf
Trumps Racist problem, White Nationalist.pdf
 

Global Challengers 2018: Digital Leapfrogs

  • 1. MAY 2018 Research Highlights Global Challengers 2018: Digital Leapfrogs
  • 2. 1 Exhibit 1. Emerging-Market Companies Excel Across Industry Sectors Sources: Capital IQ; OECD; BCG analysis. Note: Revenue growth is the compound annual growth rate for the 10,000 largest companies in each year. Industry sectors based on Capital IQ's standard sector classifications. Consumer includes both Consumer IT Materials Energy Financials Real estate Health care Telecom Industrials Utilities 11% 3% 5% 1% Overall market 2% 8% 30% 7% 4% 12% 9% 4% 1% 7% 15% 28% –1% 2% 9% 3% Revenue growth by industry, 2007–2016
  • 3. 2 Exhibit 2. Consumers in Emerging Markets Are Buying More Online 0 30 706050403020100 10 20 Growth in online users who buy online, 2009–2016 (%) US UK France Germany South Korea India China Brazil Argentina Growth in internet penetration, 2009–2016 (%) Mexico Japan Russia Indonesia Sources: Forrester Research; eMarketer. Note: Growth in internet penetration and in online users who buy online are compound annual growth rates. Emerging markets Developed markets
  • 4. 3 Exhibit 3. Emerging- Market Companies Are Gaining Share in Digital- Related Sectors 2016 32 68 2015 29 71 16 26 74 2013 24 Share of global internet software and service revenue (%) 2008 8 92 2007 7 93 76 2012 84 2011 14 86 20142010 12 88 2009 10 90 Emerging-market companies Developed-market companies Sources: Capital IQ; OECD; BCG analysis. Note: Based on Capital IQ's standard industry classifications; reflects only the 250 largest publicly traded companies.
  • 5. 4 Exhibit 4. One-Third of the 100 Largest Unicorns Are from Emerging Markets Other developed- market unicorns 18 US unicorns 49 100 Other emerging- market unicorns 8 Chinese unicorns 25 33% combined share of the top 100 unicorns Sources: CB Insights; BCG analysis. Total
  • 6. 5 Exhibit 5. The 2018 BCG Global Challengers Graduates Global Challengers Alibaba (China) China Communications Construction Co. (China) SABIC (Saudi Arabia) Tencent (China) AirAsia (Malaysia) Alfa (Mexico) Alicorp (Peru) Almarai (Saudi Arabia) Alpargatas (Brazil) Apollo Tyres (India) Arca Continental (Mexico) Aspen Pharmacare (South Africa) AVIC (China) Axiata Group Berhad (Malaysia) Ayala Corp. (Philippines) Bajaj Auto (India) Bharti Airtel (India) BRF (Brazil) BYD (China) Charoen Pokphand Foods (Thailand) ChemChina (China) China National Offshore Oil Co. (China) China Railway Construction Corp. (China) Cielo (Brazil) CITIC Group (China) Concha y Toro (Chile) Dangote Cement (Nigeria) Discovery (South Africa) Dr. Reddy's Laboratories (India) Elsewedy Electric (Egypt) Embraer (Brazil) Emirates Global Aluminium (United Arab Emirates) Etihad Airways (United Arab Emirates) Etisalat (United Arab Emirates) EuroChem (Russia) Falabella (Chile) FEMSA (Mexico) Fuyao Glass Industry Group (China) Geely (China) Gerdau (Brazil) Godrej Consumer Products (India) Golden Agri-Resources (Indonesia) Goldwind (China) GRUMA (Mexico) Grupo Empresarial Antioqueña (Colombia) Grupo Gloria (Peru) Grupo México (Mexico) Haier (China) IHH Healthcare (Malaysia) Indofood (Indonesia) Indorama Ventures (Thailand) Infosys (India) Iochpe-Maxion (Brazil) Jain Irrigation Systems (India) JinkoSolar (China) Jollibee Foods (Philippines) Koç Holding (Turkey) Larsen & Toubro (India) LATAM (Chile) LC Waikiki (Turkey) Lukoil (Russia) Lupin (India) Mahindra & Mahindra (India) MercadoLibre (Argentina) Mexichem (Mexico) Midea Group (China) Mindray (China) Motherson Sumi Systems (India) MTN (South Africa) Natura (Brazil) OCP Group (Morocco) OPPO Electronics (China) Pegasus Airlines (Turkey) PetroChina (China) Petronas (Malaysia) PTT (Thailand) Qatar Airways (Qatar) Reliance Industries (India) Sabancı Holding (Turkey) Safaricom (Kenya) Sasol (South Africa) Sinochem (China) Sinohydro (China) Sun Pharmaceuticals (India) Tech Mahindra (India) Tenaris (Argentina) ThaiBev (Thailand) Thai Union Group (Thailand) Tianqi Lithium Corporation (China) Trina Solar (China) Turkish Airlines (Turkey) Unionpay (China) Universal Robina (Philippines) UPL (India) Vedanta Resources (India) Votorantim (Brazil) Wanxiang (China) WEG (Brazil) Weichai Power(China) Wipro (India) Xiaomi (China) Yildız Holding (Turkey) Zhengzhou Yutong Bus (China) Zoomlion (China) Source: BCG analysis. Note: Companies in green are new additions on this year's list.
  • 7. 6 Exhibit 6. The BCG Global Challengers Have Strongly Outperformed Other Indices 0 100 200 300 400 500 600 GC 100 Global Peers S&P MSCI EM Sources: Datastream; BCG analysis. Note: All indices were weighted by the market capitalization of their constituent stocks. Global challengers’ performance is based on data from 92 publicly listed global-challenger companies. Global peers are 230 multinational companies that operate in the same industries as the global challengers. TSR is based on US dollars. Total shareholder return, 2000–2016 (%)
  • 8. 7 Exhibit 7. In Multiple Industries, Global Challengers Have Outperformed on Revenue Growth 25 1112 10 18 5 9 6 8 44 1 3 1 4 -3 Technology, media, and telecommunications Health careConsumer goodsIndustrial goods S&P 500 MSCI Emerging Markets Global Challengers 100 Global peers Revenue growth, 2011–2016 (%) Sources: Capital IQ; BCG analysis. Note: Consumer Goods includes Capital IQ sectors "Consumer Staples" and "Consumer Discretionary." Based on the financial results (compound annual growth rates) of the 100 BCG Global Challengers, global peers, 500 S&P 500 constituents, and MSCI Emerging Market constituents with available data. Fixed exchange rate used to remove currency fluctuation effects. Global peers are multinational companies that operate in the same industries as the global challengers.