Since 2017, the BCG Henderson Institute has partnered with Fortune to publish the Future 50, a ranking of the companies with the greatest long-term growth prospects. The index is based on our proprietary measure of vitality, which combines a top-down, market-driven assessment of a company’s potential with a bottom-up analysis of its capacity to deliver growth.
The index has a strong track record, with all Future 50 cohorts outperforming the market on growth since their respective publication dates.
The 2023 Future 50 companies show that despite near-term economic and geopolitical turbulences, the dominant patterns of long-term growth potential remain relatively stable. Technology companies continue to dominate the index: Enterprise cloud, data warehousing, and cybersecurity players—all of whom are enabling the AI revolution—as well as green and clean tech manufacturers have a particularly strong presence. Geographically, North America and China remain the dominant locations to nurture vital business, while Europe lags behind.
To learn more about the 2023 Future 50 index , please read our article on Fortune’s website or in the December 2023/January 2024 issue of Fortune magazine.
The authors thank Magdalena Krupa, Lina Cabarique, Santiago Neira, and Edmund Cheung, data scientists at BCG X, for their important contributions to this work.
