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European economies had a challenging 2022 due to the onset of the Russo-Ukrainian War and the heightened inflationary pressure. The war impacted national security and weighed heavily on regional companies' economic performance. Historic price levels mandated monetary policy tightening as energy and fuel prices reduced consumer spending. Moreover, r...

The emergence of generative AI (GenAI) has sparked intense global interest in AI and how it can help improve customer experience (CX). Several factors drive interest in GenAI, including its positive impact on making conversational AI faster and smarter, enabling critical applications, including personalization at scale, improved self-service capabi...

18 Jun 2021  |  Europe  |  Frost Radar

Frost Radar™ for Economic Development: Europe, 2020

Germany, Norway, and the United Kingdom Emerge as the European Leaders

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The Frost Radar for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. This report explores Europes key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on these 2...

After facing a challenging period in 2020, with isolation measures and economic difficulties due to the COVID-19 pandemic, Europe has started getting back to normal. However, although vaccination rates have advanced, some markets are still in crisis. The automotive market, for example, has not recovered to usual levels of new car sales. Global micr...

The study on the "Global Biologics Contract Development & Manufacturing Organizations (CDMO) Market: Companies-to-Action" presents an overview of the global biologics development and manufacturing landscape with an emphasis on the seven leading CDMOs in the market. The study highlights the shifting focus and investments of bio-pharma companies towa...

10 Jan 2020  |  Europe  |  Market Research

Strategic Analysis of European Used Car Leasing Market, Forecast to 2023

As Company Car Market Begins to Saturate, Global Leasing Companies are Beginning to Remarket Used Cars in Operational Leasing Format in Western and Northern Europe

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The global fleet & leasing industry is starting to focus on remarketing used cars in the B2C channel from the traditional B2B channel. Traditionally, fleet leasing companies in Europe sold used cars in bulk to small dealers through auctions and brokers (B2B). Dealers sold these cars to end users with flexible finance options including personal loan...

03 Jul 2020  |  Europe  |  Market Research

Emerging Trends in the European Digital Used Passenger Vehicles Market, 2020

Focus on Start-ups and White Space Driving Valuations, as 2 Million Used Vehicles Set to be Traded Online

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As more and more digitally native customers look to purchase a vehicle, the competition and business models to sell used vehicles online increases. With social distancing norms changing ‘business as usual’, COVID-19 acts as an accelerator for more dealerships, OEMs, and traders to sell online. There are multiple online used vehicle retail models r...

12 Jul 2021  |  Europe  |  Market Research

Denmark Light Vehicle Leasing Growth Opportunities

Digital Sales Channel Development-Led Used Car and Electric Vehicle Leasing are Key Market Growth Areas

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Companies view vehicle leasing as a solution to the growing number of challenges they face in their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses focus on their core products or services and seek to outsource support activities. Mobility is a si...

Developed European nations have had a challenging socioeconomic environment in 2022, especially amidst highly volatile geopolitical tensions and record-high inflationary pressures. Economic growth is likely to remain subdued in 2023 across the whole region as high energy costs weigh on household spending and lower profit margins of businesses, give...