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The term metaverse has become a buzzword in the last two years, getting even more popular after Facebook announced its rebranding as Meta, which signaled the company’s embrace of future technology rooted in the metaverse. Broadly speaking, metaverse refers to a network of 3-D virtual environments where humans are represented by avatars used to comm...

This Frost & Sullivan research service focuses on US Department of Defense (DoD) satellite growth budget spending and contracts. The study includes research, development, test, and evaluation (RDT&E); procurement; operations and maintenance (O&M); and other services. Satellite spending for the fiscal year 2025 DoD budget request is the foundati...

27 Nov 2020  |  North America  |  Market Research

Advanced Driver Assist Systems Stimulating the North American Automotive Repair Aftermarket

Growth Potential of the Automotive Repair Aftermarket Spurred by ADAS

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Demand for Advanced Driver Assist Systems (ADAS) replacement sensors from light vehicle collision repairs in North America is forecast to generate a new market opportunity in the automotive repair aftermarket. Frost and Sullivan analysis estimates the L0-2 ADAS-related replacement sensors from the light vehicle collision repair market to grow at a ...

As the Latin American contact center market keeps maturing, many customers are looking to the cloud to provide quicker access to enhanced features and as an attractive alternative to maintaining on-premises systems. During 2020, new and improved cloud contact center offerings were already available in the region, igniting adoption among customers f...

As more businesses are migrating to the cloud and using more cloud-native technologies, which adds complexity and a larger attack surface, they are recognizing the critical role of securing cloud environments and the need for cloud security posture management (CSPM) solutions to address these challenges. CSPM provides features such as misconfigurat...

The privatization trend in aviation has picked up pace globally during the last 2 decades. Historically, a majority of airlines and airports were part of the public sector, and focus remained mostly on providing connectivity and affordability. However, the travel experience was often less prioritized. Changing market dynamics have made the passenge...

The 5G revolution is upon us. Globally, organizations are embracing the opportunities presented by agile, adaptable, and always-on wireless technologies that help them optimize business processes, deliver new products and services, and improve collaboration among employees and partners. In this dynamic business landscape, businesses are increasingl...

A cashless society or ecosystem can be defined as one where traditional paper or metal-based currencies are overpowered by digital or virtual payment solutions. The COVID-19 pandemic has affected our day-to-day lives as well as businesses, societies, and the overall global economy. To reverse the apprehensions instilled in people’s minds with regar...

04 Feb 2020  |  North America  |  Market Research

Light Vehicle Leasing Market in the United States, Forecast to 2023

The Penetration of Electric Vehicle Among Company Car Fleets is Lower Than Retail Channel, As Concerns Over Total Cost of Asset Operation Has Slowed Down Uptake

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Company car registrations increased from 2013 to 2018, spurred by a strongly performing industrial sector. While utility vehicles comprise a major part of company fleets in the US, growth in various sectors of the economy has driven demand for new vehicles and fleet renewals. Financial leasing is the dominant leasing solution in the US. This is att...