Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Analysis of Future Trends and Business Growth Opportunities
* Required Fields
Pay by invoice
Nepal entered a phase of high economic growth of 7.5% in 2016-17, recovering from low economic growth post-earthquake and trade disruption. Nepal is undergoing significant economic transformation, uncovering investment opportunities across a wide array of sectors. The country seeks to sustain the impressive growth rate through increased momentum in post-earthquake reconstruction and significant spending on large infrastructure projects. Infrastructure investment will be a lucrative ground for private sector investment given the government focus on adopting Public Private Partnership (PPP) model for large infrastructure projects including hydropower, smart cities, new towns, railways and roadways. With Internet penetration reaching 63% in January 2018 as stated by a Nepal Telecom (NTC) report, Internet connectivity is available to a larger mass, which makes it feasible for online services to gain momentum. In fact, by 2025, compared to its neighboring countries – India and China, the penetration of Internet and mobile connections is predicted to be much higher as shown below. According to the International Telecommunication Union (ITU), Nepal is expected to be a forerunner in Internet penetration at 79% with China, following at a 75% penetration rate. Similarly, Nepal is projected to lead with 124% mobile connection penetration, while India’s mobile connected penetration is predicted at a mere 98% in 2025, thus making Nepal a ‘Mobile-first’ Country by 2025. Every 1 in 2 Nepalese have access to internet today against every 1 in 3 Indians and every 1 in 3 mobile phone users in Nepal uses smartphone now. As the global trend toward smart cities gains rampant pace, Nepal, also follows suit. With the intention of addressing the acute necessity for adequate urban infrastructure and attaining sustainable development, smart city initiatives are being put in motion. There has been a steady rise in the number of entrepreneurial ventures or startups in Nepal, thanks to increasing Internet penetration. In the process of digitization, some of the prominent revenue garnering sectors such as agriculture and tourism have been deploying mobile applications to improve productivity and efficiency. The country has also witnessed significant digital transformation in the space of transportation, governance, education and even agriculture.
This study uncovers the major trends "Mega Trends" that will impact the future development of the nation. While hydropower and tourism has traditionally been the key sector receiving Foreign Direct Investment, remains the key sector for investment manufacturing and services sectors’ performance has been improving steadily. This study identifies investment opportunities in sectors besides hydropower such as solar power, FMCG, real estate, smart city, and information and communication technology among others. This study also provides case studies of successful businesses from regions like India and Africa that can be redone in this region. Finally this study also provides recommendations exclusively tailored for Nepal for the existing as well as new businesses.
Future of Construction, Global, 2030
US-China Trade War—Global and Regional Impacts, Forecast to 2024
Global Mega Trends to 2030
US Economy and Policy, Forecast to 2022
Global ICS Security Market, 2016
Overview of Generation Z in the United States, 2019
Macroeconomic and Automotive Prospects of Select Latin American and Caribbean Countries, Forecast to 2023
2019 Technology Convergence Scenarios
The Top Trends, 2019
2019 Top 50 Emerging Technologies: Spawning Growth Opportunities of Strategic Imperative - Interactive Deliverable Access
residential energy storage market
food preservatives market
3d printer market share
mobile biometrics market
renewable energy market
medical robots market
food waste market
solar energy market
alternative energy market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.