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The BFSI sector is in a disruptive state as customer needs and technologies rapidly evolve. Uncertain economic conditions make financial decisions more volatile. According the Frost & Sullivan’s Global 360o Research Team, “Global headline inflation will fall from 6.9% in 2023 to 5.8% in 2024, while core inflation will persist. Advanced economies wi...

The global smart cards market (contact, contactless, hybrid, and dual-interface cards) is highly competitive. Manufacturers are adding features such as biometric security and looking to expand into the emerging sectors Internet of Things and eSIM spaces. The market is vast and mature, and the top 5 market participants are leaders across one or more...

22 Oct 2024  |  Global  |  Market Research

Digitization in Public Transportation, North America and Europe, 2023 2030

Sustainability and Digitization are Driving Transformational Growth and Generating a Revenue Potential of $236.13 Billion by 2030

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The public transport industry is undergoing a transformative shift, driven by technological advancements, changing urban landscapes, and evolving passenger expectations. Digitization is emerging as a key catalyst for this transformation, offering opportunities to enhance efficiency, improve passenger experience, and foster sustainability. Why do...

20 Oct 2022  |  Latin America  |  Market Research

Growth Opportunities in Global Audio Streaming Services

Digital Streaming Platforms Revolutionizing the Consumption of Music, Podcasts, and Audiobooks

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In 2021, the global audio streaming services market earned revenues of $31.35 billion, which is up 18.8% when compared to 2020. Growth in 2021 resulted mainly from the great popularity of audio streaming platforms and subscription models, broader availability of fast-speed connections with low latency (e.g., 5G), expansion of these services to ...

18 Mar 2016  |  Global  |  Market Research

Global Heavy-Duty (HD) Transit Bus Market, Forecast to 2022

Hybrid and Electric Powertrain to Account for Increasing Share of Total Transit Bus Sales as Market Hits Top Gear with New Energy Offerings

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This Frost & Sullivan research service studies the impact of Mega Trends, industry convergence implications, and autonomous public transport business models on the global heavy-duty (HD) transit bus market. It also provides an in-depth analysis of the key regional markets, including China, Europe, India, North America, Latin America, and Rest of Wo...

30 Apr 2020  |  Global  |  Market Research

Global Managed Detection and Response Market, Forecast to 2024

Attack Complexity will Drive Growth of MDR Services

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The managed detection and response (MDR) market generated $893.8 million in 2019; it is set to grow at a CAGR of 16.4% and reach $1,907.9 million by 2024. With the increasing number and complexity of threats, the internal management of information security has become increasingly laborious and costly. In this context, outsourcing should be vi...

This is a companion piece to Frost & Sullivan’s 2019 Contact Center Buyers Guide (K234-76, August 2019), which examines the core areas and suppliers in the North American cloud/hosted contact center market. Core areas include systems and cloud-based solutions for inbound contact routing/automatic call distribution (ICR/ACD), outbound dialing, inte...

Public transportation plays a crucial role in addressing the challenges of urban mobility, sustainability, and connectivity. Across the world, various emerging trends are shaping the future of public transportation systems. This study explores some of these key trends, highlighting their potential impact on transportation networks and the overall p...

The Gulf Cooperation Council (GCC) countries are emerging as highly competitive countries in terms of road infrastructure and government initiatives to improve the same. The GCC countries have a large pipeline of road infrastructure development projects in the pipeline, boosting the sector. Emerging technologies like driverless trucks and platoonin...