Megatrends are long-term and far-reaching global developments, including technological changes, that shape many areas of society and the economy. Megatrends include, for example, individualization, urbanization, globalization and mobility. They have an impact on different aspects of people’s lives. Often, they cannot be clearly distinguished from one another, but blend with and influence one another. The term itself was coined in 1982 by futurologist John Naisbitt.