Y Studios is a regular features contributor to WGSN, a London-based online design intelligence and research service for fashion and lifestyle industries. This is a special themed report commissioned by WGSN Homebuildlife.
The world is experiencing unprecedented urban growth, where cities are home to more than half of the world’s population today. About 3 billion people currently live in urban areas, 6 out of 10 people will live in a city by 2030. Experts predict the world’s urban population will double by 2050.
There are currently more than 25 megacities around the world. This phenomenal shift towards urbanization is closely associated with changes from an agriculture-based economy to mass industry, technology, and service economies around the world.
Smart growth efforts in urban planning will need to be implemented, while city dwellers find new creative opportunities to participate in a collaborative environment that is sustainable for future development.
This report was originally published on WGSN.com in September 2014.
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