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Nepal mobile market has experienced a strong growth over the past few years and the two leading service providers together control almost 95% of the total subscriber base. Over the past couple of years, the country's mobile penetration rapidly increased from under 71% in 2013 to 110% in 2016, surpassing the total population of 29 million. By 2021, ...

14 Oct 2021  |  Asia Pacific  |  Market Research

Southeast Asian Contactless Payment Growth Opportunities, Forecast to 2026

Convenience and Safety Considerations During the Pandemic Drive Use

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The proliferation of COVID-19 has factored into the growth of contactless payments (made through a mobile device, wearable, or physical or virtual card, with the payee’s device or a merchant’s terminal initiating the transaction) in Southeast Asia. Customers want a safe and convenient way to do face-to-face transactions. Regulations and other gover...

09 Aug 2018  |  Asia Pacific  |  Market Research

Asia-Pacific Internet of Things Market, 2018

Market Forecast and Growth Trends

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The APAC Internet of Things (IoT) market is expected to grow at a compounded annual growth rate of 11.3% between 2017 and 2022 to reach a market size of $95.7 billion by the end of the forecast period. The study has sized the spending across the entire IoT value chain comprising chips, modules and sensing, connectivity, enablement platform, system ...

15 May 2020  |  Asia Pacific  |  Market Research

Analysis of the Two-wheeler Motorcycle Market in Key ASEAN Countries, Forecast to 2020

The Market is Highly Concentrated and is Led By Honda, and this Trend Will Continue Throughout the Forecast Period

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Key Issues Addressed

In 2019, the key ASEAN countries under discussion in this study—Indonesia, Thailand, and Vietnam—sold a total of 11.5 million units of two-wheeler motorcycles, which was 0.7% lower than the 11.6 million units sold in 2018. The 3 countries have established a cumulative annual production capacity of approximately 21.4 million units. Vietnam is likely...

The $953 million APAC video conferencing devices market is undergoing fundamental shifts due to massive work and workplace transformation. In 2023, most customers took a measured approach to video-enabling meeting rooms due to budget rationalization and reassessment of investment priorities in the post-pandemic workplace. Adverse macroeconomic cond...

The growing use of digital payments in Asia-Pacific (APAC) paves the way for innovation and new use cases that address user pain points payment solutions, such as self-checkout, enhance customer experience while software point-of-sale (softPOS) accelerates the merchant onboarding process. The APAC market will become more aware of the benefits of ne...

In 2018, the retail IoT market in Asia-Pacific generated a revenue of $1.72 billion, and it is anticipated to grow at a compound annual growth rate of 24.8Percentage from 2018 to 2025 to reach $10.00 billion in 2025. This growth insight discusses market size in terms of spending across key application areas such as WiFi-based analytics, video and o...

The APAC Agriculture IoT market stood at $0.12 billion in 2018 and is anticipated to grow at a compound annual growth rate of 27.4Percentage between 2018 to 2025 to reach $0.65 billion by 2025. The study has calculated the spending across key application areas comprising crop surveying and condition monitoring, smart irrigation systems, precision p...

China is the largest automotive market globally. In 2017, luxury cars accounted for a 10.3% share of the country’s overall passenger vehicle market. The luxury car market is forecast to experience a positive growth, at a compound annual growth rate (CAGR) of 5.4% during 2017-2025. Being a premium niche market it is highly concentrated and dominated...