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About 89% of IT and business decision makers that Frost & Sullivan surveyed in late 2023 believe artificial intelligence and machine learning are crucial, very important, or important in achieving business goals revolving around increasing operational efficiency, supporting innovation, and improving customer experience. An equal percentage of respo...

Digital payments became more popular during the COVID-19 pandemic, putting pressure on merchants to provide frictionless and secure transaction options. The use of cash is rapidly declining, and the concept of a cashless society could become reality in the near future. Digital payments industry growth is exceeding expectations year after year. ...

27 Jul 2022  |  Global  |  Frost Radar

Frost Radar™: Global Economic Development, 2022

Norway and the United Kingdom Hold Steady as the United States Joins Global Leaders

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance its quality of life for its citizens. This report explores key strengths and weaknesses of the global economy through country-level assessments of growth and innovation initiatives and benchmarks each country on...

The global economy is poised for a slowdown in 2025, both in terms of economic activity and investment momentum, partly driven by escalating tariff measures under US President Donald Trump. As tariff wars reshape global trade flows, they are accelerating the regionalization and localization of production ecosystems.In response to rising US tariffs,...

The insurtech pricing automation industry emerged from the convergence between technology and insurance, and it holds the potential to completely transform the way insurers operate and customers experience their services. This sector is rapidly changing with the adoption of advanced technologies such as artificial intelligence (AI), machine learnin...

In the context of a global economic and business environment, emerging markets have increasingly been taking center-stage in the growth strategies of businesses across the globe, with GDP growth rates across emerging markets outpacing that of developed economies. With accelerated middle-class expansion and a large and growing working-age population...

Buy now, pay later (BNPL), also referred to as point of sale (PoS) installment loans, is a short-term financing option that enables consumers to spread out payments for purchases over a period of time. The increase in eCommerce activity during the COVID-19 pandemic brought along with it a strong interest in alternative spending options. BNPL, a sub...

The Frost Radar for Economic Development determines a region's future growth and development potential by measuring its ability to enhance its citizens' quality of life (QOL). This report explores key strengths and weaknesses of the global economy through country-level assessments of growth and innovation initiatives and then benchmarks each countr...

28 Oct 2021  |  Africa  |  Frost Radar

Frost Radar™ for Economic Development: Africa, 2021

South Africa, Egypt, and Nigeria Emerge as the African Leaders

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. This report explores Africa’s key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on these...