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billion in 2020 to 200 billion in 2030, says Frost & Sullivan. March 4, 2021 – Frost & Sullivan’s recent analysis, Future of Connected Living , reveals that the device-to-person ratio will exceed 20 to 1 by 2030 as the world enters the era of hyperconnectivity and catapults organizations’ digital transformation. .
To learn more, please access: Growth Opportunities in the BaaS Market, 2024-2030 and Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024-2030 , or contact sathyanarayanak@frost.com for information on a private briefing.
Click here to explore our expert analysis, Pressure Sensitive Adhesive Market, Global, 2024-2030 Debondable Adhesives Circular Economy Integration : Industries are adopting debondable adhesives to facilitate recycling and reuse, promoting sustainability across electronics and medical applications.
Given these numbers, the country is expected to have around 68 cities with population of more than 1 million by 2030. Core systems that make up the smart city ICT layer are: City Digital Twin Systems, E-Governance Systems, Geo-Spatial Systems and Citizen Government Collaboration Systems. Smart City ICT Infrastructure .
billion by 2030. As the market for kick scooter sharing develops, collaborations between kick scooter operators, public transport authorities, charging infrastructure developers, and parking solutions providers will lay the foundation for efficient, streamlined, integrated multimodal transit in cities.
The Renault, Nissan Motor Co, and Mitsubishi Motors Corp Alliance recently revealed their 2030 roadmap anchored in a shared vision of sustainability, electrification, and intelligent and connected mobility. The scale and scope of the 2030 roadmap is massive. It’s bold but is it enough? Five Common Platforms, 35 New EV Models.
Which industry best practices is your organization implementing to unlock success in the dynamic commercial and public security ecosystem? billion globally by 2030. This urgency is highlighted by the staggering rise in spending on Operational Technology (OT) cybersecurity solutions, soaring from $5.27
China is a key participant in the global EV ecosystem: Europe : 1.7 The automotive hotspot’s connected vehicles ecosystem now rivals North America’s, with an expanding network of cities offering robo-taxi services, and passenger vehicles with digital interfaces. million EV units (2023) North America : 1.46 annual growth rate.
The theme for World Environment Day – 5 th June 2021 is ecosystem restoration and the day will also celebrate the launch of the United Nations Decade on Ecosystem Restoration 2021-2030. In the aviation sector of the transport segment, the decarbonisation efforts will rely on hydrogen-based fuels and biofuels.
By 2030, the electronic content in vehicles is expected to increase two-fold, highlighting the urgent need for the automotive industry to adopt circular economy practices driven by the principles of Reduce, Reuse, Recycle, and Remanufacture.
By 2030, the electronic content in vehicles is expected to increase two-fold, highlighting the urgent need for the automotive industry to adopt circular economy practices driven by the principles of Reduce, Reuse, Recycle, and Remanufacture.
By 2030, the electronic content in vehicles is expected to increase two-fold, highlighting the urgent need for the automotive industry to adopt circular economy practices driven by the principles of Reduce, Reuse, Recycle, and Remanufacture.
The growth and scope of AI in computer vision Bavoso cites a report from Kings Research, predicting a significant compound annual growth rate (CAGR) of over 37% in the AI computer vision market by 2030, indicating a robust growth trajectory. Further reading: Will Generative AI Revolutionize MSP Security?
The global fuel cell trucks market is estimated to register 142,858 unit sales by 2030 , with China accounting for 63.9% of total global sales. Regional governments and energy departments are encouraging fuel cell truck adoption through incentives, tax credits and funding.
Frost & Sullivan’s recent Unified Communications Think Tank delved into the realm of Growth Opportunities in Unified Communications and Collaboration (UCC): Exploring the Changing Realities of Business Telephones. This implies that offering devices that solely provide telephony services is no longer adequate to sustain provider growth.
In a free-flowing discussion, Herbert Diess, CEO of VW, and Francesco Starace, CEO of Enel, emphasized the need for green/clean energy in driving energy transitions in the mobility ecosystem. Frost & Sullivan expects Battery Electric vehicles (BEVs) to account for 30% of Global Light Vehicle sales by 2030.
MSPs are at the forefront of the continuously evolving IoT ecosystem, seizing the opportunity to expand their service portfolios and meet the growing demand for managed IoT solutions. The number of connected devices is expected to reach 29+ billion by 2030. One significant challenge is the complexity of IoT ecosystem integration.
Experts pegged the market to be worth €250 billion by 2030. The need to find reuse, recycle and remanufacturing solutions gain urgency when one realizes that over 1 TWh of installed batteries will need to be recycled by 2030. Product remanufacturing, design and inspection were identified as crucial to the development of the ecosystem.
between 2022-2030. Collaboration is Key Till such time as full autonomy is realized, bus OEMs should make every effort to leverage growth opportunities in the ADAS market by offering fleet and driver-oriented features that increases productivity, and efficiency benefits. Collaboration will be crucial to bolstering bus ADAS development.
Interestingly, the MBUX Sound Drive, developed in collaboration with musician will.i.am., The BMW-Amazon collaboration was conceived with a view to developing a customized, in-vehicle voice assistant powered by generative AI, particularly Alexa’s Large Language Model (LLM).
Surging investments target 200,000 fuel cell electric vehicle (FCEV) units by 2030. Infrastructure investments in hydrogen refueling stations, proactive government support in the form of subsidies, incentives, tax credits, and progressive regulatory policy are fast-tracking the development of the nascent hydrogen ecosystem.
million by 2030 in North America and Europe. From 2023 to 2030, eScooter sharing is anticipated to outpace bike-sharing revenues, potentially accounting for 60% of the micromobility market. By 2030, North America’s micromobility fleet is expected to represent only 21% of Europe’s, indicating room for significant expansion.
Policy roadmaps for hydrogen development, reinforced by strategic stakeholder collaborations, are poised to improve access, affordability, and adoption of fuel cell electric vehicles. With an eye to reducing costs, the setting up of a robust international hydrogen supply chain by 2030 is also on the anvil.
Ariona's educational and professional journey has been enriched by experiences in various countries, enhancing her ability to thrive in international settings and collaborate effectively across cultures.
Market participants to focus on diversifying supply chains, developing user-centric intelligent features, and collaborating with local governments to bridge infrastructure gaps. million units by 2030. Key Industry Trends China’s accelerated development of the EV ecosystem is prompting significant shifts within the automotive industry.
The recent partnership between German auto giant, BMW, and leading cloud computing solutions provider Amazon Web Services (AWS) underlines the critical need for effectively handling, processing, managing, and protecting vehicle data at a time when the automotive ecosystem is being transformed by C.A.S.E. Source: Frost & Sullivan, 2022.
Ecosystem participants are recognizing the importance of strategic collaboration between automakers and charge point operators (CPOs). Addressing Renewable Energy Challenges: An ecosystem approach – including grid upgrades, renewable energy integration, and site-level energy management – is proving vital for the future of EV charging.
Ecosystem participants are recognizing the importance of strategic collaboration between automakers and charge point operators (CPOs). Addressing Renewable Energy Challenges: An ecosystem approach – including grid upgrades, renewable energy integration, and site-level energy management – is proving vital for the future of EV charging.
Ecosystem participants are recognizing the importance of strategic collaboration between automakers and charge point operators (CPOs). Addressing Renewable Energy Challenges: An ecosystem approach – including grid upgrades, renewable energy integration, and site-level energy management – is proving vital for the future of EV charging.
Be it agrochemical solutions or wellness segments like hair care and nutraceuticals, this ecosystem is witnessing competitive intensity, rising demand, and a growing emphasis on sustainability and digitalization. for microbial-derived proteins for the 2022 to 2030 timeframe. for sweeteners to an impressive 8.8%
OEMs will continue to collaborate with various companies in the automotive value chain to expedite the development and implementation of hands-off and eyes-off technologies. Collaborations between OEMs, tier suppliers, and semiconductor manufacturers will focus on creating tailor-made integrated circuits (ICs) and software-on-chip (SoCs).
OEMs will continue to collaborate with various companies in the automotive value chain to expedite the development and implementation of hands-off and eyes-off technologies. Collaborations between OEMs, tier suppliers, and semiconductor manufacturers will focus on creating tailor-made integrated circuits (ICs) and software-on-chip (SoCs).
OEMs will continue to collaborate with various companies in the automotive value chain to expedite the development and implementation of hands-off and eyes-off technologies. Collaborations between OEMs, tier suppliers, and semiconductor manufacturers will focus on creating tailor-made integrated circuits (ICs) and software-on-chip (SoCs).
Policy initiatives to strengthen electric vehicle (EV) ecosystem align with US government’s focus on clean transport and domestic manufacturing expansion. So far, participants in the EV ecosystem have pumped in nearly $100 billion to ramp up EV, battery, and charger manufacturing. Collaboration across the ecosystem will be crucial.
Today, the semiconductor industry is facing a landscape shaped by geopolitical uncertainties, requiring strategic geographic expansion, collaborative resilience, decentralized supply chains, and enhanced sustainability. How Will Your Organization Navigate Transformative Megatrends in the Semiconductor Industry to Optimize Growth Strategies?
Frost & Sullivan’s recent Nutrition & Wellness webinar delved into the critical topic – Innovative Strategies for Growth in the Evolving Food Packaging Ecosystem. Which technological disruptions is your team prioritizing to achieve competitive differentiation in this ecosystem?
Frost & Sullivan’s recent Nutrition & Wellness webinar delved into the critical topic – Innovative Strategies for Growth in the Evolving Food Packaging Ecosystem. Which technological disruptions is your team prioritizing to achieve competitive differentiation in this ecosystem?
Frost & Sullivan’s research highlights that the MaaS market in Europe and North America is set to be close to $20 billion by 2030. This will be challenging in a complex, sprawling ecosystem with multiple participants. Another example is the UK Department for Transport’s advisory code to guide the rollout of MaaS solutions.
Frost & Sullivan’s recent analysis, eGovernance Platforms and Services Industry , finds that the eGovernance model encourages a collaborativeecosystem between public and private sectors, which can also uplift socioeconomic infrastructure. billion more people by 2030. The global urban population will contain 1.25
Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030. To maintain their market position, local TSPs need to adopt a collaborative approach. As a result, penetration rates of telematics devices and services among commercial vehicles, currently around 26%, are poised to rise.
Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030. To maintain their market position, local TSPs need to adopt a collaborative approach. As a result, penetration rates of telematics devices and services among commercial vehicles, currently around 26%, are poised to rise.
Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030. To maintain their market position, local TSPs need to adopt a collaborative approach. As a result, penetration rates of telematics devices and services among commercial vehicles, currently around 26%, are poised to rise.
Plastics, packaging, polymers, coatings, adhesives, films, sealants, lubricants, and elastomers — the materials ecosystem is vast! Each segment assures high growth potential, driven by innovations and collaborations. So, what’s the latest in this dynamic domain?
To learn more, please access: Global Two-wheeler Growth Outlook 2024 , Strategic Analysis of Battery Chemistries in Electric Two-wheelers and Growth Opportunities , Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024 to 2030 , or contact sathyanarayanak@frost.com for information on a private briefing.
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