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India is on the cusp of a historic economic transformation. It is projected to become the world’s third-largest economy by 2030, with a nominal GDP of $11.46 trillion by 2040. This growth trajectory is underpinned by structural shifts across pillars, including rapid digitalization, green transition, manufacturing scale-up, urbanization, and demogra...

This research service provides a snapshot of the Saudi Arabian economy by examining the country’s growth conditions and key policies. Following a steep economic contraction in 2020 on account of the COVID-19 pandemic, Saudi Arabia recorded a rebound of around 8.7% in 2022. Robust growth in non-oil sectors such as manufacturing, transport, governmen...

Kingdom of Saudi Arabia (KSA)s uniquely difficult position in 2020 stems from the joint impact of a crash in the oil prices and health crisis mitigation lockdowns that has brought its economy to a halt. How deep and far reaching can the consequences of such a combination of restraints be for the Kingdom? What opportunities will Saudization, Vision ...

Over the previous decade, the Indian economy registered robust economic growth that resulted in lower poverty rates, strong consumption growth, and a sizeable middle class. Putting behind the economic fallout from slowing economic conditions and the COVID-19 pandemic in 2019 and 2020, respectively, the Indian economy is gradually returning to a sus...

With persistent geopolitical tensions and the resultant trade fragmentation continuing to shape the global economy, policy priorities among countries advanced and emerging are shifting toward macroeconomic frameworks that will insulate them from external shocks. Incremental reforms that support sustainability and Industry 5.0 practices will have pr...

•The demand for data storage technologies stems from the need to efficiently and quickly process large data sets in critical applications such as Big Data, AI, and IoT. Over the years, data storage technologies have evolved on the back of advancements in the components used in storage devices and technologies. •The key factors driving the growth ...

Despite a subdued economic outlook, 2023 is forecast to remain upbeat for the global healthcare industry, supported by steady emerging market growth, increased post-pandemic health-centric policies, rapidly aging populations in major developed nations, and higher R&D spending. Rapid technological advancements and digital transformation are improvin...

This study covers the class 1–3 (passenger cars and light commercial vehicles) brake component aftermarket in North America (the United States of America and Canada), in terms of both volume (235.5 million units) and value ($3.79 billion). The analysis includes unit shipment and revenue by automotive brake subcategories, such as brake pads, brake r...

The United States economic growth remained buoyant throughout 2023 amid stronger-than-expected consumer spending and falling inflation. However, Frost & Sullivan expects real gross domestic product (GDP) growth to slow from 2.5% in 2023 to 2.2% in 2024 amid the delayed effects of monetary policy tightening on domestic spending. The United States w...