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Sector Analysis
Hong Kong (China SAR) Retail Banking Analysis by Consumer Profiles, 2023 Update
Hong Kong (China SAR) Retail Banking Consumer Profile Report Overview A few distinct personas have been created through a cluster analysis of GlobalData’s 2023 Financial Services Consumer Survey to understand Hong Kong (China SAR) survey respondents and their attitudes, preferences, and unmet needs. The five personas have been created based on age, relationship status, and preference for digital or traditional providers. Each of these profiles is then individually analyzed to describe the unique features of its preferences and product holding....
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Case Studies
Subscription Travel Platforms – Case Study
Subscription Travel Platforms Report Overview The subscription travel platforms report analyzes the importance of travel subscription platforms across multiple sectors within the tourism industry, including airlines, hotels, and online travel agents (OTAs). The report also includes market trends, opportunities, and challenges subscription-based travel platforms endure in the tourism sector. The basic premise of a subscription model is that customers are not just seen as one-off sales but as a long-term investment and recurring revenue model. A few companies integrate subscriptions...
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Thematic Analysis
NewPersonalization in Insurance – Thematic Intelligence
Personalization in Insurance Thematic Report Overview Insurance companies are recognizing the value of personalized policies to attract and retain customers. Insurers can personalize policies based on policyholder behaviors, preferences, and risk profiles, with unprecedented accuracy by leveraging AI and machine learning algorithms. Personalized policies not only provide customers with coverage that meets their specific requirements but also demonstrate an understanding of their unique circumstances, fostering trust and loyalty. The ‘Personalization in Insurance’ thematic intelligence report gives you an in-depth insight...
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Case Studies
Ski Travel – Case Study
Ski Travel Report Overview The growing popularity of skiing as entertainment and increased disposable income are driving demand for high-quality ski resorts. Furthermore, the expanding trend of adventure tourism and winter sports is fuelling the market growth. American ski resorts garnered a record-breaking 64.7 million visits during 2022-2023. In 2022, there were 6,000 ski resorts located in 68 nations. Millennials and Gen X are seeking adventure travel such as hiking, skiing, and mountain biking. The ski travel report analyzes the...
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Analyst Opinions
Saudi Arabia Retail Banking Analysis by Consumer Profiles, 2023 Update
Saudi Arabia Retail Banking Consumer Profiles Overview A few distinct personas have been created through a cluster analysis of GlobalData’s 2023 Financial Services Consumer Survey to understand Saudi Arabian survey respondents and their attitudes, preferences, and unmet needs. The five personas have been created based on age, relationship status, and preference for digital or traditional providers. Each of these profiles is then individually analyzed to describe the unique features of its preferences and product holding. This analysis facilitates the provision...
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Case Studies
New Product Development Opportunities from the Rise of Solo Households
New Product Development Opportunities from the Rise of Solo Households Report Overview Rapid urbanization and economic migration are the key factors responsible for the increase in the rates of solo living across the globe. Individuals often migrate from rural to urban areas as a necessity for higher income opportunities, which often requires a change in living arrangements, such as solo housing. Also, higher rates of urbanization can be viewed as a proxy for wealth and greater economic opportunity in some...
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Thematic Analysis
Social Media in Travel and Tourism – Thematic Intelligence
Social Media in Travel and Tourism Thematic Report Overview Social media has proven beneficial for industries across the globe to garner a customer base and reach out to a larger set of audiences. In the travel and tourism industry, social media can provide a competitive edge to companies by predicting future travel trends. Travel enthusiasts are using content-sharing platforms such as Instagram and Pinterest as a way of finding inspiration for their trip. Travel trends such as staycations, rural tourism,...
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Sector Analysis
Americas Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
Americas Luxury Retail Market Report Overview Americas’ luxury retail market size was $145.2 billion in 2022. The market is expected to grow at a CAGR of more than 5% during 2022-2027. Sales in the region will be boosted by strong growths in Brazil, Chile, and Peru during the forecast period. Additionally, brands expand their reach in the region with new stores, e-commerce initiatives, and innovative strategies. The developing luxury market in Latin America will also drive sales in the region....