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16 Jun 2020  |  North America  |  Market Outlook
Global Defence Outlook, 2020
Continuing High Global Tensions will Call for a Spike in Military Spending; However, the COVID-19 Induced Economic Recession will Severely Restrict Defence Budgets
The defence outlook for 2020 will be driven primarily by a period of instability and high levels of tension due to various factors, including a global pandemic (Coronavirus 2019 or COVID-19), which will be explored by region in this research. The effects of COVID-19 on the defence industry are still to be fully understood. The impact will predomina...
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12 Jun 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
India Facilities Management Industry Outlook, 2020
The Facilities Management Market in India is Going Through a Major Transformation, Driven by Technological Innovation, New Business Models, and New Service Offerings
Professional FM services have now become a necessity for asset owners, as they not only help increase the lifespan of a building but also help owners meet international health and safety standards. The increased need to reduce operating costs of facilities and buildings of end-user segments and increasing demand for energy conservation and optimum ...
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12 Jun 2020  |  Global  |  Market Outlook
Global Light Commercial Vehicle Market Outlook, 2020
LCV Sales to Decline by 19.0% in 2020 Impacted by Global Recession Caused by the COVID-19 Outbreak at the Start of the Year
Global sales of light commercial vehicle (LCV) are expected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. The share of North America (NA) in the overall LCV market stood at 35%, while China held a 25% share, in 2019. Impending disruptions due to Coronavirus 2019 (COVID-19) are expected to impact sales across ...
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09 Jun 2020  |  North America  |  Market Outlook
Global Vehicle Leasing Market Outlook, 2020
Used Car Leasing and Light Commercial Vehicle (LCV) Leasing Stand Out as Opportunities Amidst the Chaos Created by the COVID-19 Outbreak
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. Big corporates and businesses, in current market conditions, are focused on their core products and services and would like to outsource all other sup...
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09 Jun 2020  |  Global  |  Market Outlook
Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020
A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year
In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...
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03 Jun 2020  |  Global  |  Market Outlook
Global Connected Truck Telematics Outlook, 2020
Delicate Global Economic Situation Due to the COVID-19 Pandemic Presents Precarious Market Conditions; Revival Likely in the Later Half of the Year
The global COVID-19 pandemic and the subsequent recession like global economic slowdown has left governments and markets stumbling in a directionless chaos and uncertainty. In the midst of a lurking global recession catalysed by the uncontrolled spread of the COVID-19 virus, companies and leaders invariably fall short of prompt decision-making, sub...
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25 May 2020  |  North America  |  Market Outlook
Post-pandemic Growth Opportunity Analysis of the Defence Industry
Preparing for the Rebound
The global defence spending was recorded at $1.8 trillion in 2018; the highest spending recorded, to date. The COVID-19 epidemic is likely to reduce defence spending as governments around the world allocate funds for both fighting the pandemic and reviving the economy. COVID-19 is a dual crisis—public health and economic downturn—unlike any oth...
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25 May 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Indian Managed Security Services (MSS) Industry Outlook, 2020
While COVID-19 Would Dampen the Growth of Managed Security Services in India in 2020, in the Longer Run, MSS is Expected to Grow a
Currently, most enterprises are undergoing a phase of digital transformation. Investments in emerging technologies have increased substantially, helping companies to bring in operational efficiency and address the growing customer demands. While each of these technologies has brought in a competitive edge among businesses, the concern around digita...
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18 May 2020  |  North America  |  Market Outlook
Global Connected Car Market Outlook, 2020
The Adoption of Telematics Systems will Increase after the Market Recovers from the COVID-19 Impact; Automakers at the Forefront of Implementing OTA Capabilities and Cloud Strategies will Capture Huge Revenues from Associated Services
Connectivity is increasingly no longer an optional feature for vehicles. The automotive industry is in the midst of a massive transformation, where automakers are no longer hardware makers but are evolving into tech companies. The study aims to provide an insight into the challenges and technology innovations of the new decade that will transform t...
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11 May 2020  |  Asia Pacific  |  Market Outlook
Indonesian Automotive Outlook, 2020
Total Industry Volume is Expected to Decline by 16.7% in 2020 Due to Global Economic Uncertainties and Disease Outbreak
From 2018 to 2019, the Association of Southeast Asian Nations (ASEAN) automotive market decreased at a year-on-year (YoY) rate of 2.9%, with total sales reaching 3.5 million units. The main reasons for this decline were the global economic slowdown in automotive sales and the dip in sales faced by Indonesia, a leading contributor to the ASEAN marke...
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