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China’s swift economic growth and plans such as “Made in China 2025” have raised its competition with the United States. This situation has led to the US-China trade war with the United States imposing trade tariffs on Chinese products and China retaliating by imposing tariffs on US products. The trade war is slowing down the global economic and tr...

This research service analyzes the upstream oil and gas sector including recent market developments in the key Asia Pacific countries. Besides, exploration and development trends in the subsea sector are discussed in detail. An analysis on the ROV and FPSO markets is provided. Activities in the upstream sector value chain and companies in each of ...

This research service provides an overview on Artificial Intelligence (AI) applications in the Asia-Pacific (APAC) market. It also includes an analysis of the different roles played by AI service providers and identifies the strategic imperatives for growth opportunities in this space. Artificial Intelligence is increasingly penetrating into all a...

The aim of this study is to provide a strategic assessment of the eMobility sector in Malaysia in the context of electric vehicle developments in Southeast Asia between 2017 and 2022. The Malaysian EV market is currently in the very initial stages of growth. However, the Malaysian Government's EV policies and continuation of new model launches cont...

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...

Developing Asia has a large population with lower access to clean and uninterrupted supply of water that can be used for drinking. This has resulted in a large market for bottled water, including bottled water coolers that use large plastic cans. This, in turn, has led to the region being one of the largest plastic polluters in the world, hinting a...

While the level of interest in the Internet of Things (IoT) has been on the rise among enterprises on a global scale in the transport and logistics sector, many of them face challenges in defining use cases that enable them to generate new sources of revenue. There is a need to gain new capabilities in terms of domain expertise and technical know-h...

This research service offers a detailed overview of the used and new car financing market in Malaysia. Auto finance is an essential instrument to support the automotive industry in the country. The study discusses the existing scenario of auto financing in Malaysia and offers a technical review of the industry—including yearly statistics trends and...

Growing demand for food safety in developed and developing nations has urged farmers to adopt recommended practices in the use of crop protection chemicals (pesticides). Consumer awareness on the residual effects of pesticides on food products has risen over the past decade. Search for alternatives and implementation of best practices has become p...