The TMT Risk Index analyses the severity of impact and ease of management of the top 50 risks facing the TMT industry. Grouped into five megatrends, we examine how these are impacting the sector currently and how this will change in the future.
The research is based on quantitative and qualitative interviews with some of the world’s leading TMT companies around the world, revealing the short and long term risks that will shape the industry over the next ten years. The research also dives deeper into each individual sector (Technology, Media and Telecommunications) and further into sub-sector analysis, and drills down to a regional level, examining 11 geographies individually.
The top three risks are associated with the regulation and legal risks megatrend: data protection fines and penalties (first), intellectual property and patent infringement (second), competition and antitrust law scrutiny (third).
- In a sector where innovation is key and change a constant, the threat from new and emerging competitors is ranked highly (sixth).
- External threats, including cyberattacks (fourth) and piracy (10th) stand out as concerns.
- Perhaps surprisingly, the risks posed by the global talent and skills race are not the greatest concern for TMT C-suites. However, companies expect challenges around talent to increase, especially over the long term.