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Biomarker Analytics has always been one of the most in-demand branches of science relevant to the process of drug discovery and development in the Pharmaceutical Industry. Over the years several advances have been made in the area of biomarker analytics with the aim to accelerate the drug development process. The use of AI-based technology can incr...

In 2021, the electric vehicle (EV) penetration rate in North America was low, at less than 4%, but several geopolitical factors are sending the trend on an upwards trajectory. For example, a ban on Russian oil by the United States and Canada after the start of the Russo-Ukrainian War has caused oil prices to soar in many places. As a result, the vo...

As with conventional firewalls, next-generation firewalls (NGFWs) filter network traffic based on predetermined security rules, acting as a barrier between a private internal network and the public internet. The “next-generation” aspect of the technology is the additional security, inspection, and control capabilities that offset the limitations of...

Singapores mobile industry experienced good growth in recent years. The number of mobile subscribers grew by 22.8% from 6.8 million in 2009 to 8.4 million in 2013. However, in 2014, the number of subscribers declined by almost 4% to 8.1 million because of the regulatory controls announced by Infocomm Development Authority of Singapore. Mobile subs...

Renewable power generation has been central to decarbonization initiatives by governments and the commercial and industrial (C&I) sector. Energy storage solutions address the challenges posed by renewable power sources, including intermittency, thereby accelerating the deployment of renewables, which have rightfully gained substantial investments i...

The Brazilian economy witnessed a decline in 2015 and 2016. The over-dependence on commodities, the high operating cost, the high inflation, and the low productivity have been challenges in recent years. The sharp slowdown in economic activities has influenced the country's transport and logistics (T&L) sector. Freight transport is heavily dependen...

The global 5G network infrastructure market is substantial, generating tens of billions of dollars in annual revenue. Historically, this market served a single primary customer type: communications service providers (CSPs). While CSPs continue to account for the largest share of spending, enterprises across a wide range of verticals are now explori...

31 Jan 2020  |  Asia Pacific  |  Market Research

Light Vehicle Leasing Market in South Korea, Forecast to 2023

While Favorable Policies Create a Mature Leasing Market, Rising User Demand Causes Leasing Companies to Evolve into End-to-End Mobility Providers

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Fleet registration is expected to grow, aided mainly by registrations in the company car fleet. Company cars, which are provided mainly for work purposes in South Korea, are experiencing increased demand from industries and corporate firms. Leasing, comprising operational leasing and financial leasing, is the major sourcing channel for company cars...