Trying to predict which ASX 200 growth shares will thrive over the next decade is never easy. Technology changes, industries evolve, and market leaders today don't always stay on top forever.
That said, some businesses already have the scale, competitive advantages, and growth runways that suggest they could be meaningfully larger ten years from now.
These are companies that are not just riding short-term trends but are embedded in industries with long-term structural growth.
With that in mind, here are two ASX 200 growth shares that brokers think still have plenty of room to grow between now and 2035.
Image source: Getty Images
Light & Wonder (ASX: LNW)
Light & Wonder has quietly transformed itself into a global gaming and digital entertainment powerhouse. Its business spans land-based gaming machines, online real-money gaming, and social casino games. This gives it multiple avenues for growth over the next decade.
What makes Light & Wonder particularly interesting over the long term is its increasing exposure to digital gaming. Online casino platforms and mobile-based gaming continue to expand globally, and Light & Wonder is positioning itself as a technology and content provider rather than just a traditional hardware supplier.
With recurring revenue streams, strong intellectual property, and a growing digital footprint, it is not hard to imagine Light & Wonder being a far larger and more diversified business by 2035.
Bell Potter is bullish on the company and has a buy rating and $176.00 price target on its shares. It said:
We rate LNW a Buy over the medium to long term due to a compelling GARP profile relative to the ASX 100 and ALL (38% discount to EV / EBITA, pre 3Q25 upgrades). In our view, the key catalyst in closing this discount is the ASX sole listing, which we believe will weigh positively on the stock after November 2025. In the short term we acknowledge risks to LNW including: a worsening in the ALL litigation matter (less likely, in our view); and market disruption due to the Nasdaq delisting.
WiseTech Global Ltd (ASX: WTC)
Another ASX 200 growth share that could be destined for big things over the next decade is WiseTech Global. It is aiming to become the operating system for global logistics, and that ambition gives it a very long growth runway. Its CargoWise platform is used by freight forwarders, shipping companies, and logistics providers across the world.
Global trade continues to grow in complexity, and supply chains are under constant pressure to become faster, cheaper, and more transparent. WiseTech's software addresses exactly those challenges, and its recurring revenue model benefits from customer stickiness and ongoing upselling.
Bell Potter is also bullish on this one. It has a buy rating and $100.00 price target on its shares. The broker remains positive on WiseTech despite recent issues relating to management and board upheaval, slowing growth, and insider trading allegations. It said:
These issues, however, are starting to subside and focus is returning to the outlook for the core business which is improving with the launch of new products, a new commercial model and the integration of a large acquisition (e2open). These initiatives are all expected to help drive a much stronger 2HFY26 result relative to 1HFY26 and then the first full year of benefits will be evident in FY27. All of these changes/initiatives are not without risk and there is still some risk of a soft downgrade to revenue guidance in FY26 at the half year result but the 12-month outlook is positive in our view.
