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The global Unified Communications-as-a-Service (UCaaS) market is undergoing a significant transformation, fueled by digitalization, hybrid work adoption, and rapid advancements in artificial intelligence (AI). Organizations worldwide are prioritizing modern communications as a strategic pillar of digital transformation, driving steady growth in UCa...

29 Apr 2021  |  Asia Pacific  |  Market Research

Disruptive COVID-19 Influencing Malaysia’s Automotive Industry, 2021

Sales Tax Exemption on New Passenger Vehicle Softens the Impact of the COVID-19 Pandemic on the Automotive Industry and Promotes Transformational Growth

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In 2020, Malaysias Total Industry Volume (TIV) dropped 12.4%, compared to 2019, with only 529,434 units being sold. The Passenger Vehicle (PV) segment remained dominant with 90.8% market share. The sales tax exemption introduced between June and December 2020 spurred the demand for the segment. Sales of gasoline powertrain grew from 82.6% in 2019 ...

Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative due to low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to be p...

Digital Twin technology, or the application of predictive analytics to fields as diverse as manufacturing and space science, is now being considered in the context of healthcare. The attraction is obvious: if one can develop a computer model of a patient, perhaps one can test treatments on the model before applying them to the individual. Rather t...

Autonomous robotics technology has been undergoing a major technological growth in the recent years. This novel technology is playing a crucial role in the transformation of many key industries like automotive, aerospace, warehouse, and logistics. With the advent of Industry 4.0 and smart factories, all industries across the spectrum are adopting a...

Moving an enterprise from physical connectivity and security infrastructure to a cloud-first Zero Trust Architecture (ZTA) is an urgent mandate. But even for the most agile of organizations, that transformation can be a leap. That’s especially true for organizations reliant on flat-network dependent systems. For IT leaders, the roadmap to an ideali...

Countries across the world have adopted several transformative work trends. This study analyzes how those trends create a better work environment and generate opportunities for major sectors, such as technology, energy, industrial, mobility, business and financial services, agriculture, security, aerospace and defense, supply chain and logistics, r...

The US space market plays a vital role in the security and national defense of the country and provides useful information for a variety of applications. Space companies face intense competition amongst themselves as well as from new entrants to the market. The space industry is growing at a rapid pace, and competition has enabled lower costs and a...

Education environments are evolving rapidly as institutions embrace digital transformation, sustainability goals, and flexible learning spaces. The future of building technologies in this sector is shaped by trends such as smart campus integration, energy-efficient systems, and enhanced occupant experience through connected solutions. These advance...