BCG：2024年TMT价值创作者报告复苏的行业展望以铝为动力的未来（英文版）（34页）.pdf

1、A Resurgent Sector Looks to Its AI-Powered FutureJUNE 2024The 2024 TMT Value Creators ReportThe mood is very different from our previous report,when the“tech winter”slashed returns,a downturn so severe that tech companies slipped from first place to third in our ranking of five-year TSR from 33 sect

2、ors.The impact on the media sector was still more severe;it slipped from mid-ranked 15th to almost the bottom of the rankings at 27th.Only the telco sector improved its five-year ranking,from 29th to 26th,as investors valued its utility-like characteristics.The AI revolution is underway,transforming

3、 the telecommunications,media,and technology sectors.Our 2024 TMT Value Creators Report clearly shows the results:companies that deploy,deliver,and create the infrastructure for this remarkable technology enjoy some of the strongest rises in revenues and valuations.For this report,our core metric is

4、 total shareholder return,measured over five years to limit the impact of short-term market moves.All data is annualized,and median figures are used for sectors to reduce the influence of outliers.The data analyzes 343 public companies globally.The AI revolution is underway,transforming the telecomm

5、unications,media,and technology sectors.Fast-forward to the end of 2023,however,and tech companies valuations had rebounded with such velocity that they were back at the top of the rankingsand with a lead over other industries unprecedented in the 26 years of BCG Value Creator reports.Media stocks,t

6、oo,moved up significantly,to 13th from 27th place.For telcos,median shareholder return improved,but by much less than most other sectors;as a result,their ranking slid to 31st from 26th.Strong rise to 13th from 27thSlid to 31st from 26thMEDIAN FIVE-YEAR TOTAL TSR FOR 33 INDUSTRIES,20192023Both tech