Emerging multinationals by 2024

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Where will your B2B customers come from over the next 15 years?

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PwC Economists present estimates of the number of new multinationals that have emerged from a sample of 15 countries in the last 5 years and use econometric techniques to project the number of new multinationals from emerging economies in the next 15 years, as well as examine the characteristics of these 'new multinationals' in terms of the sectors they operate in and the regions they chose to expand into.

Among their key findings:

India is expected to produce the most new multinational companies, overtaking China as potentially the emerging world’s largest source of new multinationals;
the South American countries in the sample (Argentina, Brazil, Chile and Mexico) are expected to be a
relatively smaller source of new multinational companies; and
they see a fall in the total number of new multinationals operating in industries focused on natural resource extraction, but an increase in those operating in the business services and high value manufacturing sectors.

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Yael Selfin
+44 (0) 20 7804 7630

David Hope
+44 (0)20 7804 8917

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