Resources

China – The Key Driver of Global Business Services Over The Upcoming Decade

by May 4th, 2017

China’s business services industry is forecast to climb to the top five in the world by 2025. Chinese business services providers are expected to become the key contributors to the expansion of business services globally over the 2016-2025 period, posting a CAGR of 11% and an increase in absolute value of nearly USD1,800 billion. Chart 1. Increase in […]

Business Services Experience Strong Expansion in Asia Pacific

by March 23rd, 2017

Business and recreational services in Asia Pacific are set to experience strong expansion over the upcoming decade. Business services in Asia Pacific are expected to be led by China, which will dominate the region. China and Philippines are also projected to dominate in recreational services. Overall, Asia Pacific is forecasted to account for the largest […]

Impact of Industry 4.0 on Services

by December 16th, 2016

  The fourth industrial revolution is set to bring changes to not only manufacturing industries but also business services. Industries such as advertising, recruitment and legal services are projected to see an increased demand for peronalised, real-time delivery of services through multiple channels. At the same time, investment in digital services is expected to be […]

Autonomous Vehicles Impact: Insurance Industry

by August 28th, 2016

Continuing implementation of automation and technologies are having an impact on improving safety on the roads and the falling number of fatalities. However, even though increasing safety is a positive sign for society, this trend also negatively affects the performance of insurance companies, due to contracting motor premiums. What is more, the emergence of self-driving […]

Demand for Cyber Insurance Growing as a Result of Industry 4.0

by August 16th, 2016

The fourth industrial revolution is set to increase the interconnection of machines, humans and digital systems, and expanding digitalisation is projected to impact the growing number of cyber breaches. Cyber insurance is growing as a result, with the US being the largest market for cyber insurance. It’s expected that insurers that will offer financial cover […]

Key Trends in Industry for 2016

by , , , , and April 19th, 2016

  This year, Euromonitor International is proud to announce global briefings as part of its Passport Industrial research database. The research includes nine industries such as pharmaceuticals, railways, banking and pesticides. In this video, our industrial team identifies key trends in their areas of research for 2016. Watch on YouTube

China Set to Own the Second Largest Research and Development Industry by 2020

by December 8th, 2015

China’s economy, once attractive for its cheap labour force, has been experiencing transformation towards higher value-added services and products. Since due to the more expensive workforce, production of cheap items has been moving towards other low-cost countries such as Vietnam or Bangladesh, China has been gradually switching its focus from ‘Made in China’ to ‘Created […]