SAN FRANCISCO, Oct. 9, 2019 /PRNewswire/ -- GVG Capital, the #1
ranked global private equity firm in digital transformation, today
released Who Will Win Next Digital Race: startups, digital
giants like Amazon or incumbents like Walmart, Tata,
Lidl? based upon the world's largest digital
transformation study spanning 5,000 companies across 100
countries.
The stakes could not be higher with room for 1 winner- digital
giant- in each large market, e.g. Amazon in US retail or
Tencent in Chinese media. 'Digital
giants' are $100 billion+ companies that dominate their respective
markets. $50 trillion in global
consumer spending is anticipated to shift online by 2030—unleashing
40 new digital giants from 15 more countries like India and Germany in dozens of trillion-dollar markets
from food to health.
Key insights:
- The first digital race (1995-2020) produced 8 digital
giants, including 7 of the world's 10 most valuable companies: 6
from US (Amazon, Apple, Facebook, Google, Microsoft, Netflix), 2
from China (Alibaba, Tencent).
- The next digital race (2020-2030) will produce 40 new
digital giants from 15 more countries: India, Indonesia, Japan, Singapore, South
Korea, France, Germany, Italy, Netherlands, Spain, Sweden, UK, Brazil, Mexico and UAE in dozens of trillion-dollar
markets: health, real estate, food, retail, financial services,
media, consumer products, transportation, telecom,
technology.
- Incumbents have a window of opportunity because startups and
digital giants face structural challenges, governmental backlash,
populist resentment and investor skepticism.
- To win the next digital race and build new digital giants,
companies must improve customer experience 10X, operate at
founder-owner speed and disrupt their markets with internet enabled
innovation. Companies with concentrated ownership—founder, family
or private equity—have a significant advantage.
"Our insights are shaped by twenty-five years of hands-on
experience building 30 digital market leaders across four
continents in more than a dozen sectors including retail, AI,
logistics, financial services and food", according to Mr.
Love Goel, Chairman and CEO of GVG
and the report's author. Full report available at:
https://bit.ly/35fbjLt.
About GVG Capital
(https://www.gvgcapital.com/)
GVG Capital is a leading global private equity firm known for
leading the world's 7 most successful digital transformations,
building 18 billion-dollar startups,
unlocking $100 billion in shareholder
value and helping dozens of icons like Apple, Walmart, ABInbev,
Macy's, P&G, BMW, Lojas Americanas and Future Group launch/grow
their digital business.
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SOURCE GVG Capital Group