Industries

The residential air conditioner market in Southeast Asia (comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is currently in the growth stage and will expand at a strong CAGR of 7.3% between 2023 and 2028. Increased urbanization and rising awareness about energy-efficient air conditioners is increasing the demand. Po...

By 2027, 82.2% of major mobile operators in Asia-Pacific (APAC) will remain as telcos, with 25% likely to exit or become MVNOs. Only 17.8% of major mobile operators in APAC will become Techcos (technology companies). Being passive and dependent on vendors for innovation has made the industry weak in driving innovation, leveraging technology, and th...

The COVID-19 pandemic has accelerated the need to automate buildings, presenting opportunities to increase digitalization and underscoring the need to decrease energy consumption in buildings. This has resulted in a spurt in demand for smart building management solutions. The Internet of Things (IoT), artificial intelligence (AI), and cloud technol...

Cybersecurity strategies have traditionally focused on IT security solutions and the protection of digital assets and systems. However, ongoing digitalization across industry verticals has allowed for many assets, devices, and systems that are critical to the operations of a business to now be connected into the same digital ecosystem. The rise in ...

Spinning off wholly owned subsidiaries to handle nontraditional car ownership models started in 2015 with premium automakers. The trend has shifted, with volume OEMs taking the lead, and Toyota s Kinto has become a well-accepted brand in the market. Toyota s strategy in the shared mobility space has evolved quite a lot since 2015, from being more p...

The COVID-19 pandemic has rapidly changed the way buildings are operated and managed. Growing smart city initiatives and demand for organized crowd distribution drive the adoption of solutions that allow crowd control and monitoring. Crowd management and public monitoring are crucial in the planning and fruition of successful smart cities. In ad...

The growing demand for food and beverage (F&B) products with extended shelf life and increasing preference for convenience F&B will drive the food preservative market. The bakery, meat, and meat products industries exhibit strong demand for preservatives due to their high susceptibility to contamination from microorganisms. Clean label trends acros...

The low-power wide area network (LPWAN) market is in a growth stage, with network operators collaborating to establish LPWAN standard convergence. While some LPWAN providers are arranging deals to combine LoRaWAN with Sigfox in their connectivity offerings, others are integrating proprietary LPWAN with cellular LPWAN. LPWAN providers are also ...

The automotive industry value chain is transitioning from the traditional pyramid form to a flat one. Technology companies work with original equipment manufacturers (OEMs) and tiered suppliers to develop, validate, supply, and integrate advanced driver-assist technologies that enable hands-off driving to enhance the comfort and convenience for the...