Global CEOs’ Business Confidence Reaches Record Levels, According to PricewaterhouseCoopers' Tenth Annual Global CEO Survey
CEOs’ confidence about prospects for revenue growth has reached a record level: Nearly twice as many CEOs now feel very confident about revenue growth over the next 12 months compared to five years ago, according to PricewaterhouseCoopers’ 10th annual Global CEO Survey released today at the World Economic Forum meeting in Davos, Switzerland.
Over 90% of the 1,100 CEOs surveyed across 50 countries are upbeat about revenue growth in the next 12 months. Longer term, this confidence is undimmed, with 93% of CEOs confident of achieving revenue growth over the next three years. And as the trend towards globalisation continues, CEOs expect this business expansion will be fuelled by improved market penetration, geographic expansion, and mergers and acquisitions, often across borders.
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PricewaterhouseCoopers Says Entertainment and Media Industry in Solid Growth Phase, Will Grow 6.6 Percent Annually to $1.8 Trillion in 2010
Digital, Mobile and Broadband Becoming Increasingly Lucrative Distribution Channels, Globally, Internet and Video Games Continue to be Fastest-Growing Industry Segments; Asia Pacific to Remain Fastest-Growing Region Led by Explosive Growth in China and India
The global entertainment and media (E&M) industry has entered a solid growth phase and will increase at a 6.6 percent compound annual growth rate (CAGR) to $1.8 trillion in 2010, according to PricewaterhouseCoopers’ Global Entertainment and Media Outlook: 2006–2010, released today. New revenue streams are growing rapidly, the growth of physical formats has slowed, and availability of licensed digital distribution now provides consumers alternatives to piracy, the report says.
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M&A Activity Reaches New Highs in the Global Metals Industry
Steel Sector Leads the Way in Deal-making; Significant Opportunities in China
The metals industry continued to consolidate in 2005, as the leading producers sought to control the rising cost of raw materials by purchasing their suppliers outright, PricewaterhouseCoopers reported today. In Forging Ahead: Mergers and Acquisitions Activity in the Global Metals Industry 2005, PricewaterhouseCoopers said that further M&A activity in the sector is likely, and that China will be a significant source of M&As over the next few years as it continues to produce and consume steel at a record pace.
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Search for New Customers Displaces Cost-Cutting as Impetus for Global Expansion
Complexity of Operations Increases as Companies Globalise, Says PricewaterhouseCoopers’ 9th Annual Global CEO Survey
As companies expand across the globe, especially into the BRICs economies –Brazil, Russia, India, and China – finding new customers and markets, not just cost cutting, is now their primary goal, according to PricewaterhouseCoopers’ 9th Annual Global CEO Survey.
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China, India, Turkey, Vietnam, Russia, Romania and Bulgaria Offer Greatest Investment Opportunities for Retail and Consumer Companies According to PricewaterhouseCoopers
Winning Brands, Winning Formats are Keys to Success
Seven countries, China, India, Turkey, Vietnam, Russia, Romania and Bulgaria, offer the strongest investment opportunities for retail and consumer companies according to the fourth edition of PricewaterhouseCoopers' Retail & Consumer study titled, "From Beijing to Budapest: Winning Brands, Winning Formats." Of the seven priorities, Russia, Romania and Bulgaria joined the list for the first time. The report shows that while achieving a presence in these transitional markets can be challenging; companies that develop new products and new formats tuned to the quickly evolving tastes of customers will be successful.
Please click for Bejing to Budapest press release