Urbanization: City as a Consumer
Over the next decade, the world will experience a huge migration to urban areas, transforming traditional cities as we know them today into economic hubs. About 90% of this growth is expected to occur in the cities of Asia and Africa. More than 50% of the population in Asia and Africa are expected to reside in urban areas by 2030. Cities are expected to drive the economy of countries.
![Focused on Growth](https://www.frost.com/wp-content/uploads/2019/09/building.png)
![Global-Perspective](https://www.frost.com/wp-content/uploads/2019/09/skytrain.png)
Tokyo, the world’s largest metro economy with $3.1 trillion nominal GDP
![360-Degree1](https://www.frost.com/wp-content/uploads/2019/09/cityscape.png)