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A fundamental shift in consumer behavior has urged retail businesses to establish an omnichannel presence and rethink strategies. Growing inclination toward retail digitization and ultrafast order delivery drives the hyperlocal business model. About 68% of online shoppers prefer buying from platforms that offer fast shipping. In such a highly compe...

The research provides a competitive analysis of industry strategies and growth potential for ten major airport suppliers. The research also identifies key industry trends and lists the major competitors that provide solutions for various airport segments. The increase in demand for air travel, coupled with the necessity for airports to optimize op...

The on-demand business model in the automotive industry is revolutionizing the way customers subscribe to a particular service offered by OEMs. The model allows customers to activate or deactivate a service according to their regional (or custom) requirement. The subscription offered by automakers can be on a monthly, yearly, hourly, per kilometer ...

Frost & Sullivan values the global Wi-Fi test equipment market at nearly $1,245.3 million in 2023 and expects it to experience a compound annual growth rate of 7.3% from 2023 to 2028. This market includes a variety of solutions and tools used to verify the functionality and reliability of Wi-Fi networks, including spectrum analyzers, signal generat...

The development and implementation of next-generation technologies, rapid advances in consumer technology, increasing shift to cloud computing, and utilization of IoT, big data, and machine learning to collect and analyze large amounts of data are transforming industry processes. The digitalization of various processes in commercial aviation has sc...

The report evaluates the growth potential of the pickup truck sector in North America (the United States and Canada), focusing on key demographics, consumer lifestyles and interests, consumer attitudes and adoption, and marketing channels. It analyzes the potential target audience, providing an overview of their behavioral patterns. The assessmen...

The global economy is facing what is likely to be the worst economic disruption since World War II. As the COVID-19 pandemic rapidly spreads globally, the concurrent economic fallout of this health crisis is expected to be grave. Frost & Sullivan has analyzed the scale of impact on global GDP growth and other macroeconomic elements through scenario...

12 Jun 2020  |  Global  |  Megatrends

2025 Vision: Future of Pumps in a Connected World

Innovative Business Models Centered Around Services are Expected to Unlock New Revenue Streams for the Pumps Industry

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This study forecasts the future of the pumps industry amidst the onset of a new wave of digitalization and the Industrial Internet of Things (IIoT). The changing market conditions influenced by demand-supply shock, oil price volatility, political tension, and shift in customer preferences are making pump manufacturers revisit their value propositio...

Covid-19 has catapulted the UK economy into further uncertainty, adding to the volatility already caused by Brexit. The next few months will be critical to the UK's economic recovery, as the country emerges from lockdown, and finalizes its post-transition trading relationship with the EU. This research service has been designed to help clients deve...