Category: Service Industries
Asia Service Industries
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India Travel Insurance Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... by 2027, growing at a CAGR of 16%. Travel insurance offers financial protection for expenses or losses incurred due to unanticipated events while domestic or overseas travel. It usually covers the costs of lost or ... Read More
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Philippines Motor Insurance Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... sector. It had a negative effect on motor insurance. Even before the onset of the pandemic, adverse economic developments, mature market conditions, and industry disruptions slowed down the premium growth of the motor insurance market. ... Read More
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Indonesia Mobile Payments Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... period (2022 - 2027). The use of mobile payment systems like Gojek, GoPay S.R.O., DANA, DOKU, and LinkAja by businesses and services nationwide is progressing quickly. This trend is anticipated to persist during the projection ... Read More
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Asia-Pacific Hard Facility Management Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... years. The market is anticipated to continue growing due to the increased urbanization and population in the region. Key Highlights To find ways to combat air pollution in Asia-Pacific, the Economic and Social Commission for ... Read More
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Residential Real Estate Market In South Korea - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... during the forecast period. The COVID-19 pandemic brought a huge difference in the residential real estate market in South Korea. The number of private apartments sold in Seoul from January 2021 to July 2021 was ... Read More
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Japan C4Isr Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... the global economy severely, the impact of the same is not felt on the military expenditure, Japanese military spending totaled USD 54.1 billion in 2021. Such high expenditure indicates the negligible impact the COVID-19 pandemic ... Read More
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Myanmar Residential Real Estate Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The ongoing political turmoil and a rapidly-rising third wave of COVID-19 cases severely impacted the Myanmar economy, which had already been weakened by the pandemic in 2020. Economic activity has been hit by reduced mobility ... Read More
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Residential Real Estate Market In Vietnam - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The impact of COVID-19 and other factors slowed down the real estate market activity in most provinces and cities across Vietnam. The approval of a few projects and supply scarcity was common in the nation. ... Read More
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Russia Life & Non-Life Insurance Market – Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The COVID-19 pandemic affected the general insurance industry. Following a decrease in rates in 2020, mostly due to favorable performance in all business lines except health insurance, the Russian insurance sector executives showed optimism for ... Read More
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Malaysia Motor Insurance Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... Board (IFSB), Malaysia has the major Islamic banking assets outside of the Middle East in the third quarter of 2021 (3Q2020). IFSB also pointed out that Malaysia remained one of the concentrations of Islamic Fund ... Read More
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Residential Real Estate Market In Thailand - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... period. COVID-19 has affected the residential real estate sector severely. The country expected the recovery of the sector in 2021. Unfortunately, there was a slow growth rate registered due to emerging new variants. Furthermore, the ... Read More
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Life & Non-Life Insurance Market In China - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... 6% during the forecast period. Chinese insurance companies collected premium, accumulating CNY 3.96 trillion (USD 574.3 billion) in the first 11 months of 2019, a growth of 11.8%. China’s insurance sector grew by 3.9% Y-o-Y ... Read More
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Russia Luxury Residential Real Estate Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... forecast period. The Homeownership rate in Russia has been among the highest in Europe over the past years. Amidst the coronavirus outbreak and ruble devaluation in 2020, the demand for residential real estate grew further ... Read More
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Japan Mobile Payments Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... an influx of global players, collaborating with and acquiring locally established players. The Japanese economy and the technological advancements in the country are attracting more investors to the growing mobile payments sector. Key Highlights The ... Read More
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Turkey Health and Medical Insurance Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... To support the Universal Health Insurance (UHI) initiative, Turkey must focus on the private health insurance sector, which presently accounts for only 2% of the overall health insurance coverage. To achieve this feat, it should ... Read More
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China Facility Management Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... growth of commercial and industrial infrastructure in the country is expected to be the major driver for the facility management services in the country. Key Highlights Driven by the continued urbanization, outsourcing penetration, and floor ... Read More
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China Retail Banking Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... infrastructure have all grown dramatically in scale and quality. Chinese banks are gearing up to seize back lost business in consumer loans from fintech players like Ant Group, emboldened by a regulatory sea change that ... Read More
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Commercial Real Estate Market In Vietnam - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... (2022-2027). The COVID-19 pandemic caused a slowdown in the Vietnamese property market. However, many companies believe this is only temporary and hoping for a rebound once the virus is under control. Meanwhile, the government has ... Read More
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Asia-Pacific Soft Facility Management Market- Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... of COVID-19 had a mixed business impact on soft facilities management firms in the region. The soft facility management market is witnessing multiple partnership activities between vendors and commercial entities within the region. Key SFM ... Read More
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China Residential Real Estate Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... market is highly concentrated, with the top 200 developers holding the major market share and sitting on huge inventories. These developers were under a lot of pressure during the covid-19. In Tier 1 cities, prices ... Read More
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Residential Real Estate Market In Indonesia - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... (2022-2027). The COVID-19 pandemic crisis has severely shocked the residential real estate sector, which could have important implications for macro-financial stability going forward because of the large size of the sector and its strong interconnectedness ... Read More
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Asia-Pacific Life and Annuity Insurance Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... is well prepared for the loss incurred during the coronavirus pandemic in their events, including the payments, but the financial impacts will take time to play and reinsured. Insurers are responding to the widening COVID-19 ... Read More
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Online Insurance Market In India - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... and a surge is evident in the e-commerce space in the country. The number of people who are buying insurance online is rising rapidly, day by day. Giving a push to the growth of online ... Read More
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Indonesia Motor Insurance Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... reaction to the pandemic's economic impact, and it is projected to stay at this level for the foreseeable future. Interest rate risk is a concern for insurers due to investment leverage, product guarantees, and policyholder ... Read More
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Singapore Facility Management Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... growing emphasis on outsourcing non-core operations and growth in the real estate sector is expected to drive the Singapore market for facility management services. Along with this, the government regulation on safety measures and environmental ... Read More
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