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The availability of digital pricing engines, the growth of online platforms, and the shift to organized platforms play a key role in market growth. Several companies, including Cars24, CarWale, CarDekho, Maruti Suzuki True Value, and Mahindra First Choice, offer various value-added services, such as vehicle inspection, free servicing, and easy fina...

This research service presents a comprehensive analysis of the Middle East industrial services market with a breakdown of segments by countries, end users, and type of equipment being serviced. The revenue by end users and type of equipment are discussed for each of the countries that constitute the Middle East. Revenue analysis is provided for eac...

31 May 2023  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Passenger Vehicle Outlook, 2023

Alternative Fuel Vehicles, the Used Car Market, and Autonomous Driving Experiences are Key Focus Areas for Carmakers

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Domestic passenger vehicle (PV) sales grew by ~24.2% in FY23 owing to pent-up demand, better-than-expected festive demand, new product launches by major OEMs, and strong demand for utility vehicles. This study discusses the market size of the overall Indian PV market, key vehicle segments, and domestic sales forecasts up to FY28, considering the...

The UAE’s used car market experienced unprecedented growth in 2021. On the one hand, the global shortage of microchips impacted new car supply, boosting the demand for used cars, on the other hand, the recovery of market sentiment in the UAE and EXPO 2020 Dubai (postponed to 2021) boosted the Vehicle Miles Traveled (VMT) in the country. As a result...

The circular economy for used electrical and electronic equipment (used EEE) in India is experiencing transformational growth as an expanding domestic electronics manufacturing industry, rapid digitalization, and shorter electronics replacement cycles intersect with a stricter policy environment and the rise of value-driven business models. The unr...

Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...

This Industry docket covers the trends in Indian Unified Communications (UC) Applications and UC Services market. It also provides insights into the on premise vs the hosted UC adoption in the enterprises. The research also cover the adoption by various verticals. Also, taking into perspective the end user needs, the docket also anlayzes the needs...

Although India is one of the fastest growing mobile and broadband markets in the world, telcos in India face challenges on a number of fronts: an intensively competitive market with a large number of players, declining fixed-line revenues, increasing mobile customer churn brought about by mobile number portability, declining mobile revenue per user...

In future conflicts, it will be essential for warfighters to maintain a robust and data-driven operational decision-making process. Supporting this capability, artificial intelligence (AI) is critical to enabling action at the speed of the digital battlespace, which will be far faster than the human ability to process and act on data. Practically, ...