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What Are the Megatrends Reshaping the Architecture Field and the Construction Industry?

What Are the Megatrends Reshaping the Architecture Field and the Construction Industry?

Written by Paul

December 14, 2020

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Before the pandemic , the world was already facing a series of global transformations in the field of construction, where emerging countries were at the forefront of a powerful economic shift.

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As the world’s population is expected to reach the 10-billion milestone before 2100, the construction sector should be able to understand and adapt to the megatrends that are reshaping the globe. Demographic Growth and Shift of Economic Powers: Bigger Economies, Bigger Challenges The global population is still growing fast, although it is expected to slow nearly to a halt by the end of the century. In fact, the world’s population is projected by the UN to reach approximately 10.9 billion in 2100. Of course, very different dynamics can be narrowed down to the regional level, where emerging countries are at the forefront of both demographic and economic shifts. As highlighted by the Pew Research Center , the UN predicts that Africa is the only world region projected to have strong population growth for the rest of this century, increasing from 1.3 billion to 4.3 billion by 2100 and concentrated primarily in sub-Saharan Africa. Moreover, five of the world’s 10 largest countries by population are projected to be in […]

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