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Wounds, especially chronic wounds, are associated with clinical, social, and economic challenges. Wounds resulting from diabetes, injuries, and surgeries affect a significant population globally. According to an economic evaluation study on Medicare beneficiaries, 8.2 million people in the United States have at least one type of chronic wound. Amon...

08 Jan 2021  |  Europe  |  Market Research

Enhancing European Customer Experience with Artificial Intelligence

AI Technologies Offer New Opportunities to Nurture Relationships and Enhance Customer Contact Effectiveness

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This study focuses on how AI is making inroads into the customer experience (CX) space. After shifting from on-premises solutions to cloud-based services, the industry is embracing AI and integrating it into various CX-related use cases and solutions. Chatbots, voicebots, behavioral applications, biometrics, cybersecurity, speech recognition, machi...

With the weakening of the Euro and the robust demand from outside the Euro area, especially the United States and China (which increased exports), Germany's economy has grown. The rising oil prices are expected to narrow the current account surplus. However, export growth may weaken as the impact of the earlier Euro depreciation wanes and as risin...

Commercial aerospace engines have emerged into one of the engineering marvels of the world. With every commercial aircraft transporting passengers and cargo around the globe, these marvels have become commonplace. Reliability has improved so much that there are now more commercial aircraft operating under Extended range Twin engine Operational Perf...

10 Jun 2022  |  Global  |  Frost Radar

Frost Radar: Global Commercial Aircraft Cabin Interiors Market, 2022

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

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The COVID-19 pandemic and ensuing geopolitical chaos prompted organizations globally to hasten the development of commercial aircraft interior products that would help ensure passengers’ in-cabin health and safety and restore their confidence in air travel. However, apart from geopolitical chaos, technological disruption has re-energized this m...

06 Jun 2023  |  Global  |  Market Outlook

Automotive Outlook, 2023

Easing of Chip Shortage Crisis, Increasing Electric Vehicle Adoption, and Improving Macroeconomics to Drive Light Vehicle Sales by 3.3%

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Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling market with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, l...

Though in early stages, 5G will be adopted considerably faster than 4G based on the current rate experienced in China and South Korea. However, even with faster adoption rates of 5G, 4G will remain the more prevalent cellular technology through 2025. The APAC revenue from 5G is expected to grow from $2.13 billion in 2020 to $13.90 billion in 2025 w...

The COVID-19 pandemic had a devastating effect on the global aviation industry. Passenger traffic plummeted to 66% in 2020 from 2019 levels. The recovery of the industry to 2019 levels is expected only towards the end of 2023 or early 2024. Original equipment manufacturers (OEMs) have faced significant challenges. The two market leaders, Airbus and...

27 Jul 2022  |  Asia Pacific  |  Market Research

China Facility Management Growth Opportunities

Sustainability Innovation Culture and Technologies to Support Facility Management Value Proposition

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The Chinese facility management (FM) market is at a fast-growing stage, owing to the slower start than other Asia-Pacific developing markets. It has been enjoying double-digit growth since before COVID-19. The rapidly increasing outsourcing culture in the country has driven FM market development, supported by a large and still expanding asset base....