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During the forecast period (2024-2029), the customer experience management (CXM) market in Latin America and the Caribbean (LAC) will expand, mainly due to 2 factors: 1) the growing recognition of CX as a potent tool for competitive advantage and 2) the increasing motivation among businesses to outsource their CX activities. This market is poise...

03 Jul 2025  |  Global  |  Market Research

The Rise of the Global Halal Economy, 2030 Trends and Growth Opportunities

Halal Economy to Grow to $9.5–$10.5 Trillion by 2030

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The halal economy is on the cusp of transforming from a niche to an emerging sector. Encompassing halal foods, modest fashion, halal tourism, and more, the halal economy is being driven by a combination of factors, including government policy support, halal-consciousness amongst consumers, and halal integration by mainstream brands. As a result, th...

The global landscape of alternative proteins is rapidly changing, with cellular agriculture—particularly cultivated meat—emerging as one of the most revolutionary developments in the food biotechnology industry. Cultivated meat offers a sustainable and ethical alternative to traditional animal farming by producing real meat directly from animal cel...

Lack of seamless connectivity and poor infrastructure remain the major challenges for trade and logistics in many countries in the Eurasian region. Chinas One Belt One Road (OBOR) initiative is expected to improve connectivity by inter-linking the transport infrastructure across East Asia, Southeast Asia, South Asia, Central Asia, Middle East, East...

Software and cloud-centric solutions are driving the video conferencing industry to morph significantly. Companies that are innovating at a fast pace are growing while others are becoming less relevant. As video communications become an integral part of the digital transformation strategy, the user demand continues to expand. The impact of software...

23 Apr 2020  |  Global  |  Market Research

Global Battery Energy Storage Market

COVID-19 Update

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Increasing electricity costs and grid demand charges, declining feed-in tariffs, and declining technology and projects costs all mean that energy storage is becoming a much more attractive proposition for consumers from household to heavy industry. The market has enjoyed high growth rates since 2015, but the volume of installations is still only a ...

Economic growth in Latin America was expected to pick up in 2020; However, the novel coronavirus has forced companies to review their projections. The impact of the pandemic notwithstanding, the region continues to see strong private and public sector investment in infrastructure, construction, and commercial segments that secure a slow but steady ...

10 Aug 2020  |  Global  |  Market Research

5G-powered Digital Economy Catalyzing the Global Wireless Technology Market, 2020–2024

IoT, SDN, and Low-power Consuming Wireless Technologies to Drive Growth Opportunities

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The global wireless technology market is well established and is witnessing a period of dynamic growth. This market is expected to expand its revenues from $1,431.30 billion in 2019 to $5,519.40 billion by 2024, at a CAGR of 31.0%. Wireless technology is used for enabling connectivity between different communication networks, within enterprises, or...

23 Jun 2020  |  North America  |  Market Outlook

Global Automotive Industry Outlook, 2020

COVID-19 Pandemic to Negatively Impact Light Vehicle Sales to the Tune of Over 14% YoY

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Key Issues Addressed

The novel coronavirus driven pandemic has adversely affected a wide array of industries. The automotive industry is not immune to the disruptions caused by the virus either. The months of March and April have seen lockdowns of cities across the globe, and the sales of automobiles have plummeted as a result. Light vehicle (LV) sales in China, the Un...