-
Analyst Opinions
New![]()
Motor Insurance Market Trends and Analysis by Region, Line of Business, Competitive Landscape and Forecast to 2027
Motor Insurance Market Report Overview The motor insurance industry’s written premium was $822.3 billion in 2022. The market is expected to gain pace from 2024 and achieve a CAGR of more than 4% during 2023-2027. The motor insurance market research report provides in-depth market analysis, information, and insights into the global and regional motor insurance industry. It provides a detailed outlook and values for key performance indicators such as written premiums and claims during the review and forecast period. Motor...
-
Analyst Opinions
New![]()
New Zealand Retail Banking Competitor Benchmarking – Financial Performance, Customer Relationships and Satisfaction
This report looks at market performance, retention risk, and market shares across key products within New Zealand's retail banking space. It also ranks the market’s leading banks across a range of criteria, from digital adoption and user experience to rewards and money management tools. New Zealand’s current account market share is extremely concentrated, with the top five players making up 94% of the market. This is due to its stringent entry requirements and customer loyalty within the country. Additionally, post-COVID-19,...
-
Sector Analysis
New![]()
Saudi Arabia Retail Banking Competitor Benchmarking – Financial Performance, Customer Relationships and Satisfaction
This report looks at market performance, retention risk, and market shares across key products within Saudi Arabia’s retail banking space. It also ranks the market’s leading banks across a range of criteria, from digital adoption and user experience to rewards and money management tools. Higher interest rates in 2022 resulted in increased net interest incomes for the majority of Saudi banks. Nonetheless, most banks’ net interest margins were squeezed as a result of rate hikes. In terms of market power,...
-
Company Insights
New![]()
American Express (Amex) – Digital transformation strategies
American Express Digital Transformation Strategies Report Overview American Express is leveraging emerging technologies as a part of its digital transformation strategies. The annual ICT spending of American Express was estimated at $2.4 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. American Express (Amex) is a provider of card products and travel-related services. It offers a range of credit cards, charge cards, and other payment and financing solutions to...
-
Track & Monitor
New![]()
Banking and Payments Venture Capital Investments in Q2 2023
GlobalData's Banking & Payments (B&P) VentureView report provides detailed coverage of the global venture capital investment activity in Banking & Payments industry in Q3 2023, covering key insights and trends.
-
Company Insights
New![]()
DBS Group – Digital Transformation Strategies
DBS Digital Transformation Strategies Report Overview DBS Group (DBS) has been focusing on using artificial intelligence, cloud, big data, PSD2, and open banking to digitally transform its operations. The annual ICT spending of DBS was estimated at $821.4 million for 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Through principal subsidiary DBS Bank, DBS Group Holdings offers a range of banking and financial solutions that include current, savings, multi-currency, and...
-
Company Insights
New![]()
AXA – Digital Transformation Strategies
AXA Enterprise Digital Transformation Strategies Report Overview AXA has been focusing on using artificial intelligence, cloud, big data, and blockchain to digitally transform its operations. The annual ICT spending of AXA was estimated at $2.2 billion for 2023. A major share of this spending is earmarked for acquiring software, consulting, and hardware from vendors. AXA is a global insurance company offering both life and non-life insurance products. It offers life insurance and savings products such as individual life insurance, group...
-
Macroeconomic Analysis
New![]()
Global Macroeconomic Outlook – Q4 2023 Update
Global Macroeconomic Outlook Report Overview GlobalData’s Q4 2023 update led to a 0.27 percentage point rise in the global real GDP growth forecast for 2023, compared to the Q3 2023 update. This favorable adjustment is linked to the gradual increase in consumer confidence in major advanced economies and the anticipated strong performance of Asia-Pacific nations. However, the growth outlook for Asia-Pacific and Middle East & Africa (MEA) was downgraded for 2023 and 2024, primarily due to instability in China and...
-
Sector Analysis
New![]()
United Kingdom (UK) Private Motor Insurance Market Size, Trends, Competitor Dynamics and Opportunities
UK Private Motor Insurance Market Report Overview The gross written premium of the United Kingdom (UK) private motor insurance market size is estimated to be GBP14.71 billion in 2023. Going forward, the cost-of-living crisis and rising claims will continue to impact the motor insurance market. The average premiums are forecast to have reached all-time highs in 2023, driven by the rising cost of claims. The UK private motor insurance market is expected to achieve a CAGR of more than 3%...
-
Sector Analysis
New![]()
Latvia Cards and Payments – Opportunities and Risks to 2027
GlobalData’s ‘Latvia Cards and Payments - Opportunities and Risks to 2027' report provides detailed analysis of market trends in the Latvian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers and direct debits during the review-period (2019–23e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during...
-
Company Insights
New![]()
Singapore Exchange Limited – Digital transformation strategies
This report provides insight into SGX's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts. Singapore Exchange Limited (SGX) is a financial market “infrastructure,” operating equity, derivatives, and fixed income markets. It offers trading, listing, settlement, clearing, depository, and data services, with approximately 80% of listed bonds and 40% of listed companies and originating outside Singapore. SEL is a liquid offshore market for the benchmark equity indices...
-
Macroeconomic Analysis
New![]()
Mexico PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utility activities contributed 26.2% to Mexico’s gross value added (GVA) in 2022, followed by wholesale, retail, and hotels business activities (23.6%), and financial intermediation, real estate, and business activities (16.5%). In nominal terms, the three sectors are expected to grow by 8.1%, 8.1%, and 7.9%, respectively, in 2023. Five major federal entities in Mexico generated approximately 36.2% of the country’s GDP and accounted for 27.5% of the country’s population as of 2022, according to GlobalData.
-
Macroeconomic Analysis
New![]()
Indonesia PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utilities activities contributed 33.1% to Indonesia’s gross value added (GVA) in 2022, followed by wholesale, retail, and hotel activities (16.0%), and agricultural activities (13.0%). In nominal terms, the three sectors are forecast to grow by 7.5%, 7.4%, and 7.4%, respectively, in 2023. Five major provinces in Indonesia generated around 55.4% of the country’s GDP and housed 55.6% of the country’s population in 2022.
-
Sector Analysis
New![]()
Egypt Cards and Payments – Opportunities and Risks to 2027
Egypt Cards and Payments Market Report Overview The annual value of card transactions in the Egypt cards and payments market is estimated to be $10.3 billion in 2023 and is expected to grow at a CAGR of more than 10% during 2023-2027. Electronic payments are gradually gaining ground in Egypt. The usage and adoption of payment cards are steadily increasing because of government initiatives to boost financial inclusion as well as improvements to the country’s payment infrastructure. Meanwhile, banks offer...
-
Thematic Analysis
New![]()
Insurance Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in Q3 2023 in the Insurance Sector
-
Company Insights
New![]()
Royal Bank of Canada – Digital Transformation Strategies
RBC Digital Transformation Strategies Report Overview Royal Bank of Canada (RBC) has been focusing on using artificial intelligence, machine learning, cloud, big data, and blockchain to digitally transform its operations. The annual ICT spending of RBC was estimated at $725.1 million for 2023. A major share of this spending is earmarked for acquiring software, consulting, and hardware from vendors. RBC is a multinational financial institution providing personal and business banking, wealth management, and institutional banking services. The personal and business...
-
Company Insights
New![]()
Skandinaviska Enskilda Banken (SEB) – Digital Transformation Strategies
SEB Digital Transformation Strategies Report Overview Skandinaviska Enskilda Banken (SEB) has been focusing on using artificial intelligence, open banking, machine learning, and data analytics to digitally transform its operations. The annual ICT spending of SEB was estimated at $365.4 million for 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. SEB provides corporate and institutional banking as well as retail and SME banking. Corporate and institutional banking offers life insurance, pensions,...
-
Company Insights
New![]()
BHP – Digital Transformation Strategies
BHP has been leveraging machine learning technologies to bring disruptive changes in its business processes and has initiated various in-house strategies to drive digital transformation. The annual ICT spending of BHP was estimated at $398.2 million in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. BHP is a mineral resources company engaged in exploring, acquiring, developing, and marketing various commodities including iron ore, coal, nickel, copper, lead, silver, molybdenum, uranium,...
-
Thematic Analysis
New![]()
Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in Q3 2023 in the Banking & Payments Sector
-
Sector Analysis
New![]()
Thailand Cards and Payments – Opportunities and Risks to 2027
Thailand Cards and Payments Market Report Overview The annual value of card transactions in the Thailand cards and payments market is estimated to be $62.5 billion in 2023 and is expected to grow at a CAGR of more than 7% during 2023-2027. To encourage the adoption of cashless payments, the government and payment providers are increasingly pushing QR code-based mobile payments as an alternative to cash. Thailand Card Transactions Outlook, 2023-2027 ($ Billion) Buy the Full Report for More Information...
Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.