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Consumers' interest in connected devices has been one of the significant drivers of innovation in the sector. Over the years, as the cost of sensors declined, the number of IoT-enabled devices has increased steadily and they have become more affordable and viable. However, consumers continue to be wary about data privacy and sharing. The applicati...

Telecom operators across the world are challenged by commoditization of connectivity and continuous decrease in revenues from fixed and mobile telephony. The situation is no different in Europe. The market in Europe is characterized by high internet penetration and over the years as the cost of sensors has declined, the affordability and viability ...

The commercial aerospace industry, common to its rich technology history, will be the leading edge in emerging technologies that will continue to shift its trajectory. This study is a deep dive into how the Fourth Industrial Revolution is shaping Aerospace 4.0 and transforming aerospace systems and the aftermarket landscape over the next decade. ...

13 Jul 2021  |  Asia Pacific  |  Market Research

Southeast Asia Facilities Management Emerging Business Models and Growth Opportunities

Digitally-Led Business Models Create New Opportunities in Service Advancements

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COVID-19 severely affects all facilities management (FM) end-user segments. The Southeast Asian FM market revenue declined by 3.7% in 2020 due to the pandemic. As the market gradually recovers over the forecast period, competition is expected to intensify and accelerate the need for innovation in FM services. FM market participants in Southeast Asi...

Hailed as the European Unions growth champion in 2019, Poland experienced significant economic contractions in 2020. A resurgence of COVID-19 caused a double-dip in countrys GDP growth rate. The economic risks associated with COVID-19 restrictions persisted in early 2021 as the second wave of the virus swept the country. Will Poland return to its p...

The automotive industry is increasingly getting electrified and tech companies are entering the automotive market, making the industry competitive and fragmented. Foxconn is accelerating its move into the popular electric vehicle (EV) market through its open EV platform. The company had formed alliances and JVs with leading global original equipmen...

14 Jun 2022  |  Global  |  Megatrends

Global Frictionless Commerce Growth Opportunities

Enhancing Customer Experience through the Convergence of Physical and Digital Retail

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The retail industry is undergoing a transformational shift wherein physical and digital customer experiences are converging. Retailers want to leverage digital tools that will help them derive contextual, behavioral, and location-based information to create unique and engaging customer experiences. Digitalized eCommerce platforms will enable fricti...

30 Jun 2022  |  Global  |  Market Outlook

Global Automotive Outlook, 2022

Automotive OEMs Prioritizing Supply Chain Recalibration, Digital Transformation, and Sustainability to Accelerate Growth

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Rebounding from the pandemic-related disruptions of 2020, the global automotive industry registered a healthy 5.3% increase in sales, with 81 million in unit sales in 2021. Toyota led global OEM sales, recording a growth rate of 13.9%, selling 9.9 million units. Despite the positive recovery trends in the global economy and vehicle sales, the Ru...

12 Jul 2022  |  North America  |  Market Research

North American Light Vehicle Growth Opportunities

LV Sales to Surpass 19 Million by 2025, with EVs Accounting for 12% Sales and more than 50 New EV Product Launches Scheduled Over the Next 5 Years

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In 2021, North American light vehicle sales reached 16.8 million and is forecast to surpass 19 million by 2025 growing at a CAGR of 3.3%. While the economy and vehicle sales showed a positive trend in 2022, the Russo-Ukrainian war has affected the global automotive supply chain; component shortages exposed the fragility of the automotive supply ch...