We're older than we used to be
Countries across the world have been going through an important demographic transition: from young to increasingly ageing populations.
In 2018 the number of people older than 64 years old surpassed the number of children under 5 years old. This was the first time in history this was the case. We can see this transition clearly when we look at the population by age bracket in the chart below – this is shown from 1950 onwards, with UN projections to 2100.
This shift has important implications for business and technology as we look to what business models in elder-care and the fundamental design of product and service experiences.
Read more on these findings here.