Search results for: 'transform 2023'

India is on the cusp of a historic economic transformation. It is projected to become the world’s third-largest economy by 2030, with a nominal GDP of $11.46 trillion by 2040. This growth trajectory is underpinned by structural shifts across pillars, including rapid digitalization, green transition, manufacturing scale-up, urbanization, and demogra...

11 Jan 2021  |  South Asia, Middle East & North Africa  |  Market Research

Disruptive Technologies and Innovative Business Models Transforming the Transport Management System Market in India

Growth of the eCommerce Industry, Digital Transformation of Logistics Operations, and Shifting End-user Preference towards Low Cost of Ownership to Drive Uptake of TMS Solutions

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The transport management system (TMS) market in India is estimated to register double-digit CAGR from 2019 to 2028. Growth of the eCommerce industry, digital transformation of logistic operations, and shifting end-user preference towards low cost of ownership will drive the growth of TMS solutions in the country. This study covers the TMS software ...

Frost & Sullivan (F&S) determines digital enterprise transformation as a set of activities that will reform business processes, empower stakeholders and provide new revenue models using digital technologies (such as Social Media, Mobility, Big Data and Analytics, Cloud technologies, IoT & Automation, and Cyber Security) and by embracing new digital...

The Middle East is undergoing a profound technology transformation, driven by ambitious government visions, economic diversification agendas, and a surge in digital adoption across key industries. This Frost & Sullivan analysis explores the digital transformation landscape of the Middle East, with a particular focus on the Gulf Cooperation Council ...

Technological changes have led to the convergence of industries and the transformation of the business processes related to supply chain management. The need to improve logistics efficiency is being driven by the modernization of transportation infrastructure, changing consumer purchase patterns, and the emergence of new business models. With the d...

The Middle Eastern defense market is constantly growing in light of significant regional geopolitical changes, military modernization efforts, and the Russo-Ukrainian War, accelerating demand for advanced weapon systems. Accordingly, the regional defense market is expected to grow at a higher rate than the global average, to more than 2.5% per annu...

03 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Research

Light Vehicle Leasing Market in Israel, Forecast to 2023

Improved Corporate Demand and Increased Consumer Opportunities to Drive Revival of Israel’s Vehicle Leasing Market

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Company car registrations continue to be an important part of total vehicle sales in Israel. Following continuous growth from 2013 to 2017, new registrations experienced a small drop due to the overall market slowdown. In 2018, total leasing penetration dipped due to higher lease rates and the preference for used cars among small business consumers...

The GCC remains a critical global economic region due to its energy resources, central location in global trade routes, and large sovereign wealth funds. As it transitions from hydrocarbons to diversified growth, investing heavily in renewables, hydrogen, and new industries, it is expected to sustain stable growth of 4%-4.5% through 2035, supported...

17 Jan 2020  |  South Asia, Middle East & North Africa  |  Market Research

Light Vehicle Leasing Market in India, Forecast to 2023

Though Only 0.6% of Vehicles were Leased in 2018, Growth of the Fleet Leasing Market will be Driven by Rising Awareness of the Benefits of Leasing

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Fleet leasing is still an emerging market in India. The implementation of the Goods and Services Tax (GST) created uncertainty in the fleet leasing market dented growth rates through H2 of 2017 and 2018. Leasing companies are expected to educate their customers on the implications of GST and revive growth in 2019. Financial leasing is expected to g...