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The mature Japanese and South Korean facility management (FM) markets are experiencing relatively stable growth post the 2020 disruption, as economic conditions are stable and growth is consistent. The effect of inflation calmed in 2023, and service providers are experiencing stability in terms of margins costs. The markets are motivated by the ado...

10 Jan 2018  |  Asia Pacific  |  Market Research

APAC Biosimilar Market, Forecast 2025

Patent Expiries, Defined Regulatory Pathways, and Escalating Healthcare Costs to Boost Growth

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Biosimilars is a massive opportunity; regardless of a slow start, the market will eventually be a huge business. As per Frost & Sullivan’s estimate, biologic drugs worth $70–$80 billion will lose exclusivity in the next 5 years globally and APAC’s contribution would be more than 20%. Countries in the region, such as India, China, and South Korea, o...

The Asia Pacific contact center applications market generated a revenue growth of 5.4Percentage, with market revenue of $670.8 million in 2018. The market is expected to grow at a CAGR of 3.2Percentage from 2018 to 2025. An increasing number of organizations in the region recognize customer experience (CX) as key to customer life cycle value enhan...

25 Jul 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Lithium-ion Battery Market, Forecast to 2025

Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand

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Increasing use of smartphones that offer the mobile Internet facility loaded with multiple applications has become a way of life around the world. The Asia-Pacific region includes countries with high populations, emerging economies, and increasing urbanization. All this paves the way for higher demand for smartphones and improved telecommunications...

While most companies in the Asia-Pacific region are expected to explore the Contact Center as a Service (CCaaS) model, many of them would look for ways to increase the returns on their investment from their existing infrastructures. These companies are likely to adopt hybrid solutions, as established system vendors start offering more deployment op...

A new generation of private 5G networks is emerging to address critical wireless communication requirements. A private 5G network can be defined as a cordless and seamless local area network that makes use of 5G technologies to build a network with dedicated bandwidth and infrastructure. This will help support enterprise connectivity needs. New di...

The Asia-Pacific region is a preferred offshore destination for the contact center outsourcing market. The industry is expected to flourish in Asia-Pacific despite a volatile global outlook and currency fluctuations. Key drivers include low labor costs, large talent pools, domestic market growth, supportive infrastructure, fluent English and local ...

Indonesia mobile penetration grew from 83% in 2009 to 134% in 2014. By the year 2019, mobile penetration is expected to reach 138%, with 370.3 million mobile subscribers. The tracker provides details of the Indonesia mobile service providers and offers detailed historical & forecast data for the period 2009-2019.

Malaysia's mobile penetration grew from 110% in 2009 to 141% in 2014. By 2019, the mobile penetration rate in Malaysia is expected to reach 144%, with 46.5 million mobile subscribers. The tracker provides details of Malaysian mobile service providers and offers detailed historical & forecast data for the 2009-2019 period.