Used Car Platforms in SEA region are expanding their digital presence to increase online visibility among consumers: Ken Research

July 2022 | South-East Asia News

Key Findings

• With large number of consumers preferring to own a private vehicle pertaining to the after-effects of Covid-19, the used to new car ratio is consistently improving in SEA region.
• Consumers are shifting away from traditional methods and adopting online platforms more frequently for their used car buying or selling journey.

Competition Scenario:  SEA used car market is an extremely fragmented, with many players capturing more than one geography in the region. With several C2B & B2C online players, auto-classified platforms, OEM-certified, brand-authorized dealerships, multi-brand outlets, and independent (standalone as well as clustered) dealers operating in the business, there is fierce competition in the highly fragmented market. Recently, several new players have begun exploring the untapped markets in Southeast Asia.

Price, vehicle age and residual value, brand value, and the need for maintenance are some of the most critical aspects influencing consumer preference.

Future Market Scenario: The used car industry in SEA is anticipated to expand in the future at a double digit CAGR over the forecast period of 2021 to 2026F. The sector is anticipated to experience increased demand as a consequence of individuals preferring their personal vehicles over public transit as a result of the pandemic.

Increasing internet and smartphone penetration in the Southeast Asian countries will result in large number of consumers preferring to buy and sell cars through online used car platforms. As a result, the used car industry is anticipated to consolidate and gain more traction in the coming years.

Significant Growth of Digital Used Car Platforms: Due to the huge growth in internet and smart phone usage in Southeast Asia, many customers have started selling and purchasing vehicles through online auto classifieds, transactional marketplaces, and social media.

Analysts at Ken Research in their latest publication “SEA Used Car Market Outlook to 2026F: Driven by Covid-19 led shift in User’s Preference towards Private Vehicles and Growing Penetration of Online Used Car Platforms” observed that post pandemic, SEA is in the late growth phase and is slowly recovering from the economic crisis. The Covid-19 pandemic drastically decreased customers' purchasing power globally, which had a detrimental effect on their capacity to purchase new cars. In the SEA region, there has been a massive impetus in customer preference for used cars. The industry is expected to demonstrate rapid growth in the future driven by the expansion of online used car platforms that make the transaction process easier for both buyers and sellers. The SEA Used Car Market is expected to grow at a CAGR of 13.5% on the basis of GTV over the forecast period 2021-2026F. 

Key Segments Covered:

SEA Used Car Market

• By Business Model
• C2B
• B2C+C2C

• By Country
• Indonesia
• Thailand
• Malaysia
• Philippines
• Singapore
• Vietnam

SEA Online Used Car Market

• By Business Model
• C2B
• B2C+C2C

• By Country
• Indonesia
• Thailand
• Malaysia
• Philippines
• Singapore
• Vietnam

SEA Ancillary Services Market

• By Type
• Auto Finance
• Used Car Finance
• Motor Insurance Premium
• Warranty Value
• Automotive Aftermarket

• By Country
• Indonesia
• Thailand
• Malaysia
• Philippines
• Singapore
• Vietnam

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Segments Included:

• Current Used Car Market Size
• Online Used Car Market
• Competition Landscape (Market Share of Major Companies, Cross Comparison and Company profiles)
• Future Used Car Market Size
• Future Used Car Market

Countries Covered:

• Indonesia
• Thailand
• Malaysia
• Philippines
• Singapore
• Vietnam

Companies Covered (Online Platforms)

• Carsome
• Carro
• OLX Indonesia (OLX Autos)
• MUV
• Mobil 88
• Mobil 123
• MyMotor
• MyTukar
• Carmudi
• AutoDeal
• my

Key Target Audience

• Used Car Companies
• OEMs
• Online Used Car Portals
• Used Car Financing Companies
• Government Bodies
• Investors & Venture Capital Firms
• Used Car Dealerships
• Used Car Distributors Auction Houses
• Used Car Associations

Time Period Captured in the Report: -

• Historical Period: 2015-2021
• Forecast Period: 2021-2026F

Key Topics Covered in the Report

• Executive Summary
• SEA Used Car Market Overview
• SEA Used Car Market Growth Strategy
• Ecosystem of Major Entities in SEA Used Car Market
• Overview and Genesis of the Used Car Market in SEA Region
• Value Chain Model for Used Car Industry
• Issues and Challenges
• Overall Used Car Market Size and Segmentation
• Online Used Car Market Size and Segmentation
• Ancillary Service Market Analysis
• SWOT Analysis
• Customer Decision Making Parameters for Buying Used Car
• Covid-19 Impact on SEA Used Car Market
• Comparison of SEA Used Car Market with USA and China Market
• Competitive Landscape & Cross Comparison of Major Players
• Company Profiles
• Individual Country Wise Used Car Analysis for Indonesia, Thailand, Malaysia, Philippines, Singapore and Vietnam
• Future Projections
• Analyst Recommendations
• Research Methodology

Related Reports

Australia Used Car Market Outlook to 2026F – Driven by the consumer shift to online platforms and supply chain issues for new vehicles with an increasing trend of upgrading vehicles

UAE Automotive Aftermarket Service Industry Outlook to 2026: Driven by increasing number of startups and consumers' shifting preference towards online and organized sector

Egypt Used Car Market Outlook to 2026 – Driven by Shift In Consumer Demand along with Growth of Online Used Car Platforms and Availability of Financing Options

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Dampak Pasca COVID-19, Penjualan Mentega dan Olesan/Selai di Indonesia mengalami Pertumbuhan di atas Platform Non-Tradisional yang disebabkan oleh Penurunan Harga: Ken Research

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• Penurunan harga minyak sawit akan membantu bisnis margarin meraih pertumbuhan signifikan dalam waktu dekat di tengah meningkatnya deforestasi di Indonesia.
• Permintaan mentega mengalami peningkatan bertahap seiring dengan peningkatan eksponensial dalam industri roti dan kebutuhan roti di Indonesia.
• Impor mentega dan Olesan/Selai terkena dampak penghentian perdagangan dari negara-negara Asia lainnya seperti China dan Vietnam.

Pemain Utama sudah mulai mengerjakan Pengganti Produk atau Bahan Sumbernya: Permintaan domestik serta permintaan B2B untuk mentega sebagian besar terpengaruh karena situasi pembatasan sosial secara global yang menyebabkan penurunan kapasitas produksi. Oleh karena itu, beberapa produsen mentega seperti Fonterra melakukan langkah menjalin kemitraan dengan penyedia layanan perdagangan pasar online  seperti Lazada Indonesia untuk membawa perubahan konsep ritel dan digitalisasi penjualan, sementara Upfield berencana untuk meluncurkan produk baru “New Flora Plant”.

Dampak virus corona masih menghantui industri dalam negeri yang khusus dijajakan jual beli barang impor secara online di Indonesia.

Penjualan makanan olahan di Indonesia diperkirakan turun ~30% karena daya beli masyarakat yang turun semenjak pandemi virus corona atau COVID-19 melanda. Tren tertentu diperkirakan akan berlipat ganda dalam beberapa bulan mendatang sehingga menyebabkan gangguan pada industri mentega dan Olesan/Selai di Indonesia. Selain itu, penjualan juga diperkirakan akan meningkat selama musim Ramadhan dan Idul Fitri.

Sesuai dengan survei persepsi anggota Kebijakan Publik Gabungan Pengusaha Makanan dan Minuman Indonesia (GAPMMI), usaha diperkirakan akan turun 30-35%, di tengah kegiatan produksi yang akan tetap berjalan seperti biasa dalam waktu dekat. Pemerintah Indonesia saat ini tidak membatasi kegiatan produksi di tengah pemberlakuan kebijakan Pembatasan Sosial Berskala Besar (PSBB) di DKI Jakarta untuk memutus mata rantai penularan virus corona. Namun, proses produksi yang sedang berlangsung masih dapat menyebabkan fluktuasi permintaan di industri mentega dan Olesan/Selai karena variasi harga secara terus menerus.

Selain rumah tangga, produsen selalu terhubung dengan jaringan restoran dan kafe yang mengirimkan makanan melalui mode pengiriman online. Sementara stok bahan baku yang ada saat ini cukup untuk beberapa bulan, setelah itu kebutuhan bahan baku baru akan mempengaruhi biaya produksi karena nilai tukar dolar yang tinggi, misalnya ketika sudah mencapai Rp 16.000.

Produsen juga mempertimbangkan fakta bahwa mentega adalah bagian dari bisnis makanan pokok dan orang-orang mengkonsumsinya sebagai kebutuhan sehari-hari sehingga memberi mereka kepercayaan diri untuk meluncurkan varian Olesan/Selai baru dalam beberapa bulan mendatang. Pasar sangat terpengaruh oleh penghentian perdagangan dari China karena situasi pandemi yang disebabkan pada tahun ini. Karena infeksi COVID-19 yang meluas, pola konsumsi susu berubah secara signifikan. Semua pemain utama mengalihkan distribusi produk mereka baik melalui ritel internet atau melalui pengiriman rumah.

Laporan berjudul “Prospek Pasar Mentega dan Olesan/Selai hingga tahun 2025 - Pertumbuhan di Pasar Makanan dan Minuman untuk Mendorong Permintaan Mentega dan Olesan/Selai” oleh Ken Research memberikan pandangan bahwa pasar diperkirakan akan tumbuh lebih lanjut di masa depan terutama karena perubahan gaya hidup urban orang Indonesia dan perubahan preferensi dalam melakukan pembelian secara melalui kanal online. Pasar margarin dan Olesan/Selai Indonesia diperkirakan akan mencatat CAGR enam tahun yang positif masing-masing sebesar 3,6% dan 3,5% dalam segi pendapatan dan volume penjualan selama periode perkiraan 2019P-2025F.

Segmen Utama Pembahasan:-

Tipe Produk

Mentega dan Olesan/Selai

Mentega

Produk Olesan/Selai dan Margarin

Saluran Distribusi

Hypermarket

Supermarket

Pedagang Kecil Mandiri

Toko serba ada

Pengecer kelontong lainnya

Pengeceran non toko

Pengecer spesialis kesehatan dan kecantikan

Narasumber Utama

Produsen makanan susu

Pengolah Susu

Asosiasi Susu

Produsen Mentega

Produsen Olesan/Selai

Produsen Margarin

Periode Waktu yang Dicatat Dalam Laporan:-

Periode Waktu secara Historis: 2013-2019P

Periode Waktu Proyeksi Pasar: 2019P–2025F

Daftar Perusahaan:-

Mentega dan Olesan/Selai –

Upfield Holdings BV / Unilever Group

Indofood Sukses Makmur Tbk PT

Fonterra Cooperative Group Ltd

Golden Agri-Resources Ltd

Wysman & Zonen BV, HJ

Topik Utama Pembahasan dalam Laporan:-

Ringkasan Eksekutif – Pasar Mentega dan Selai/Olesan Indonesia

Kebutuhan, Peluang dan Ukuran Industri Pasar Mentega dan Selai/Olesan

Sisi Permintaan & Penawaran Ekosistem, Preferensi & Tren di Pasar Pengguna Akhir

Segmen Pasar Mentega and Selai/Olesan Berdasarkan Jenis Produk, 2013-2019P

Segmentasi Pasar Berdasarkan Saluran Distribusi, 2013-2019P

Ekosistem Industri Mentega dan Olesan/Selai di Indonesia

Analisis Rantai Nilai

Pasar Mentega dan Olesan/Selai di Indonesia

Skenario Perdagangan di Pasar Mentega dan Olesan/Selai di Indonesia, 2014-2018

Tinjauan Perbandingan di Pasar Mentega dan Olesan/Selai di  Indonesia

Tinjauan Regulasi di Pasar Mentega dan Olesan/Selai di Indonesia

Analisis Pemasaran 4 Ps (Product, Place, Promotion, Price)

Prospek dan Proyeksi Pasar Mentega dan Olesan/Selai di Indonesia, 2019P-2025F

Lampiran dan Metodologi Penelitian

Untuk Informasi Lebih Lanjut Tentang Laporan Penelitian, Lihat Tautan Di Bawah:-

Pasar Makanan Susu Indonesia

Laporan Terkait:-

Prospek Pasar Nutraceutical Vietnam hingga 2025 - Berdasarkan Suplemen Makanan (Suplemen Herbal, Vitamin dan Mineral, Probiotik, Suplemen Protein dan Asam Amino, Asam Lemak Omega 3, Lainnya), Berdasarkan Minuman Fungsional (Minuman Energi, Minuman Panas Berbasis Tanaman dan Malt, Minuman Panas , dan Minuman Olahraga), Dengan Makanan Fungsional (Susu, Makanan Bayi, Sereal Sarapan, Gula-gula, Biskuit Hi-Fiber, Snack Bar, dan Snack Buah)

Prospek Pasar Suplemen Nutrisi UEA hingga 2023 - oleh Vitamin & Suplemen Makanan (Suplemen Protein, Komposit Suplemen Diet Non-Herbal, Minyak Ikan/Asam Lemak Omega, Glukosamin, Co-Enzim Q 10, Komposit Suplemen Diet Herbal, Ragi, Bawang Putih, Ginko Biloba ), Makanan Fungsional (Susu, Makanan Bayi, Sereal Sarapan, Penganan Minyak Goreng, Biskuit Manis, Snack Bar dan Snack Buah) dan Minuman Fungsional (Minuman Energi, Konsentrat FF, Minuman Olahraga, dan Air Minum Dalam Kemasan)

Hubungi Kami:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Packaging Industry Procurement Intelligence Services at Ken Research

 Procurement management refers to the processes and procedures linked with acquiring supplies for business functions. Because not all businesses can internally introduce the raw materials, supplies and services contained in their supply chain, several companies use some form of procurement management to fulfill consumer requirement and accomplish business objectives. Any time a company requires to outsource a part of their business, they utilize the procurement management to confirm the maximum efficiency and cost effectiveness.

In addition, global procurement is one of the most imperative responsibilities of managing a supply chain. It is essential to a supply chain that truly spans the world. This is dissimilar from international procurement, which aims on the purchasing and managing a cross-border supply chain between just two regions.

That global aim is key to realizing a product margin that propels success for the organization. Global procurement is vital to supply chain management because it allows the companies to maximize operational efficiency and realize healthy margins that eanble more profit and investment into growth – in short procurement propels the total value of the end-to-end supply chain (not just piece price) To generate a global procurement process, supply chain managers must consider a myriad of aspects.

At Ken Research, you can access database of Agro Commodities Procurement Intelligence and experts at Ken Research developing an international sourcing strategy means unifying the company’s risk aspects, functional requirements and sales objectives with the latest technology.

In addition, the procurement is an unavoidable factor of all the commercial organizations. Companies outstandingly opt for the procurement to operate and assist the extension and optimization of the performance. Since the companies obtain countless services and goods from the external suppliers in the market. Therefore, the company’s purpose to harness the power of globalization, they require to operate with the superior suppliers at the correct possible price point which tend to depend on the Packaging Industry Procurement Intelligence.

In addition, Ken Research competently supports the organizations and its clients who are extremely looking for the Procurement Plants and structure to select the talented entities likewise

• Sellers
• Goods and Services
• Several Methods and Tactics throughout the interface with the providers

Not only has this, we carry the Chemical Industry procurement Intelligence for its consumers to affluence down the process of procurement and certify the client to augment its efficiency in the business.

Have any Queries or Feedback. We are always here to help you –

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We also commend our clients to brilliant strategies Supply Chain Practice and Solutions, through our company’s optimal employee base which carry innumerable tactic on-boarding the stakeholders on the basis of their knowledge for our patrons. Our company also authentically function with the team of our clients and support them with a tailor-made solution which empower them to address the correct client perspective, problems and budgets.

The Leading sectors and categories in which we carry our procurement services comprise Metal and Alloys, Plastics and Composites, Agro Commodities, Energy and Utilities, Engineering and Construction, Logistics and Warehousing, Flexible Packaging Industry and Process Speciality, Pharma Material and Formulations, and countless more.

Read Also –

Identifying Your Business and Procurement Research Objectives: A Manufacturing Procurement Research Plan

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Ankur Gupta, Head Marketing & Communications

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Global Lactose-Free Market – Industry Trends and Forecast to 2027: Ken Research

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Lactose is basically a milk sugar that is broken down by the enzyme called lactase, which is located in the small intestine. The reduced ability to digest the sugar in dairy products, due to insufficient amounts of the gut enzyme lactase is called lactose intolerance. It is generally harmless, but its symptoms bring extreme discomfort.

According to the research report, ‘Lactose-Free Products Market: Current Analysis and Forecast (2021-2027)’ states that The Coca-Cola Company, Nestle, Danone Company S.A., Gujarat Cooperative Milk Marketing Federation (Gcmmf), Valio Ltd, Johnson & Johnson, General Mills, Inc., Lifeway Foods, Inc., Lala U.S., Inc., and Smith foods, Inc., etc. are some of the most significant players working in the industry. The report includes company profiling of each company mentioned above based on fundamental parameters like company overview, Production Capacity, Revenue, Price and Gross Margin, key business strategy, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, SWOT analysis and lot more qualitative and quantitative information. The report further analyzes how far along the player is in the competition, stakeholders, company shares, and the steps they are following to reach a destination they planned for the future.

In addition to that, the report also has sections dedicated to the market as a whole such as market dynamics, market synopsis, and market trends (historical and current). Along with this, the report analyses the research methodology and assumptions through various functional and analytical methods. It also throws light on application details, forecast predictions, data on sales and demand, recent technologies, various features of the market, and investment opportunities of the limestone market. The report also discusses several growth drivers, challenges, and restraints of the market. The report analyses the market quantitatively and qualitatively by tracing all the important sections influencing the market. Furthermore, the report contains a separate section for the covid-19 impact on the market, it determines all the impacts it made on the market.

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The lactose-free products market is further segmented into various segments. These segments are based on Type (milk, yogurt, ice cream, confectionery products, and others), based on form (lactose-free, no-added-sugar/reduced sugar claims, and reduced lactose), based on Category (organic and conventional), based on Distribution channel (supermarkets/ hypermarkets, convenience stores, online, and others), and based on Region (North America, Europe, Asia-pacific, and the rest of the world). The report provides in-depth analysis and forecasts of different segments discussing its market share and dominance as a whole. Since the market is already segmented region-wise, the report offers all the necessary information for each country included in these regions. The countries that are discussed in detail in the report are India, China, Korea, Canada, Germany, France, Spain, Italy, and many others.

The lactose-free products market is going to increase in the forecast period of 2020-2027 and reach a significant value in terms of USD million by the end of the time frame. The market will reach this value at a double-digit CAGR during the evaluation period. This is because nowadays, people all over the world are realizing that they are lactose intolerant. Moreover, the fact that people are getting convinced with the vegan diet trend has been exclusively the major factor leading to the expansion of the market.

For More Information, Click on the Link Below:-

Global Lactose Free Products Market: Ken Research

Related Reports:-

Lactose-free product market by Type (Milk, Plain, Flavored, Yogurt, Set, Other milk types, Drinking/ Ambient, Regular, Other yogurt types, Probiotic, Cheese, Hard, Cheddar, Cottage, Soft, Other cheese types, Confectionery products, Ice cream, and Other types), Form (Lactose-free, No added sugar products/ reduced sugar claims and Reduced Lactose Products), Category (Organic and Inorganic) and Geography - Global Forecast up to 2026

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KSA Online B2B Grocery Market Revenue, Size & Trends Analysis Report By Application, By Region, And Segment Forecast Till- 2026: Ken Research

Saudi Arabia Online B2B Grocery Market Overview:

The Online B2B Grocery Market in Saudi Arabia has seen significant growth in last few years supported by increased precautionary buying due to COVID which fueled the grocery market. The entry of emergent players into the market is also fuelling the online B2B grocery industry in KSA.

The availability of a large selection of SKUs and online B2B grocery platforms in KSA is empowering friendly neighbourhood shops by relieving them of the burdens of inventory and cash flow. This makes retailing easy and stress-free for them. Also, the adoption of online channels is very high among Bakalas, coupled with high stickiness to the new channel. The digital retailers (Bakalas) are maturing, and decision criteria is moving towards experiential factors and away from value proposition factors.

The Online B2B Grocery Market in Saudi Arabia is segmented on the basis of total number of orders and the revenue with a CAGR of ~% over the period 2016-2021 with total Revenue generated ~% in USD Bn.

KSA Online B2b Grocery Market Segmentation

Saudi Arabia Online Grocery Market is at growing stage and has a high potential with growth opportunities like digital transformation, and growing trend of online bulk ordering.

By Product Category: Oil and dairy products are dominating the market followed by beverages, staples and confectioneries in 2021.

By Mode of Sales: Majority of the revenue is generated through cash on delivery mode in 2021 while other mode of sales are expected to grow in future.

By Point of Sales: Majority of the revenue is generated form Medium grocery stores and HoReCa as adoption rates of online B2B grocery platforms are comparatively higher.

By GMV and Number of Orders on the basis of Region: Riyadh and Jeddah are generating the highest GMVs followed by Dammam, Mecca and Medina in 2021.

By Number of Orders per Region: More than 50% of the orders are from Riyadh and Jeddah due to higher urbanization and large number of small shops in 2021.

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Bakala Retailer Customer Analysis:

Unorganized bakals are dominating the overall retailers in Saudi Arabia with Riyadh and Jeddah has the highest number of Bakals retailers followed by Dammam and Mecca.

Snapshot of FMCG and Grocery Market

The KSA’s FMCG market is largely concentrated in the three cities - Riyadh, Jeddah, and Dammam. Internet has facilitated a convenient mode to increase a company’s reach

Saudi Arabia FMCG Market Size

The FMCG market in Saudi Arabia is fueled by due to the country's large population and rising purchasing power of the workforce with largely concentrated in the three cities – Riyadh, Jeddah, and Dammam in 2021.

Saudi Arabia B2C Grocery Market Size

KSA grocery market combines both offline and online B2C grocery market driven by a rising population, improving education and changing shopping habits, with increased demand driven by precautionary buying are some factors boosting the KSA Grocery market.

Saudi Arabia Offline B2C Grocery Market Size

The offline grocery market in Saudi Arabia is growing rapidly led by the Bakalas in the region and driven by rising willingness to pay a premium.

Competition Landscape of Saudi Arabia online b2B Grocery Market

The competition in Saudi Arabia B2B grocery market was observed to be moderately concentrated. Sary acquires majority of the market share in Saudi Arabia with other players includes DX Buy, Fatura, retailo and Max Ab.

Companies in Saudi Arabia Online B2B Grocery market are competing based on Order delivery volumes, Delivery Time, Track and tracing, Network Coverage, Terms of credit target customers and automated delivery technology

Saudi arabia online b2B Grocery Market Future Outlook and Projections

The Online B2B Grocery Market is expected to grow at a double digit ~% CAGR on the basis of Revenue and ~% on the basis of number of orders. With the market at rebound stage, factors such as digital economy, easy financing option from platforms and tech-enabled value services by companies will drive the online B2B grocery market in the near future.

Key Target Audience

• B2B Grocery Platforms
• 3PL Logistics Companies
• Grocery Delivery companies
• Last Mile Logistics Companies
• Quick Commerce Companies
• Integrated Logistics Companies
• E-Commerce Marketplace Platform
• Retail Companies
• Logistics/Supply Chain Industry Associations
• Market research and Consulting firms

Key Topics Covered in the Report

• Executive Summary
• Saudi Arabia Online B2B Grocery Market Future Outlook
• Saudi Arabia FMCG Market Overview
• Saudi Arabia Online B2B Grocery Market
• Saudi Arabia Offline B2C Grocery
• Saudi Arabia Online B2B Grocery Market Size
• Saudi Arabia Online B2B Grocery Market Landscape
• Saudi Arabia Online B2B Grocery Market Segmentation
• Saudi Arabia Online B2B Grocery Market End User Analysis
• Saudi Arabia Online B2B Grocery Bakala Retailers Analysis
• Competitive Landscape Saudi Arabia Online B2B Grocery Market
• Future Market Size and Segmentations, 2021-2026F
• Covid-19 Impact Saudi Arabia Online B2B Grocery Market
• Analyst Recommendations
• Case Studies

Related Reports

Indonesia Online Grocery Market Outlook To 2026 – Driven By Changing Shopping Habits Of Consumers And Regional Expansion Of Local & International Players In The Archipalego

Vietnam Online Grocery Market Outlook To 2026 - Market Driven By Increasing Smartphone Penetration, Changing Shopping Habits Of Consumers And Regional Expansion Of The Online Grocery Players

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After-Effects Of Covid-19 On The Global Stock Clamshell Market Outlook: Ken Research

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Expansion of Manufacturing Plants:

Companies are setting up manufacturing plants in India. International semiconductor consortium (ISMC), a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor, plans to invest Rs 22,900 crore ($3 billion) in a chip fab. In May 2022, it signed an agreement with the Karnataka government to set up an Electronics Manufacturing Cluster over 150 acres of land in Kochanahalli Industrial Area.

The Indian Government has been promoting SPECS to help offset the disability for domestic manufacturing of electronic components and semiconductors in order to strengthen the electronics manufacturing ecosystem in the country.

Ease of Market Entry:

There is a lot of scope for new players to enter. This is because of untapped potential, favourable government incentive plans and schemes. It is expected that competition in the market will continue to increase as existing competitors improve or expand their product offerings and as new companies enter the market.

Adoption of 5G network and AI

With increasing internet penetration from 35% in 2016 to ~50% in 2021 and adoption of smart devices are contributing to the semiconductor market growth. The electronics system design manufacturing market is the fastest growing industry in India. Artificial intelligence (AI) is the development of intelligent hardware or software that can copy human activities like learning and problem-solving. Semiconductors are expected to play an important role in the AI opportunity's acceleration.

Demand from end-user Industries:

The huge demand for semiconductors from end-user industries like industrial machinery, automobiles, telecommunication equipment, office automation, among others for computing purposes is expected to accelerate the growth of the semiconductor market in the coming years.

 The publication titled “India Semiconductor Market Outlook to 2027- Driven by increasing demand by end user industries and increasing adoption for smart devices” provides a comprehensive analysis of the semiconductor industry by analyzing historical statistics and corresponding developments in the semiconductor market. The market growth declined during COVID as it impacted the workforce and operations, the operations of the customers, and those of the respective vendors and suppliers. Given the consolidated competition structure in the semiconductor manufacturing industry, analysts have elaborated on competitive landscape of major manufacturing players on the basis of business model and operational parameters. The report also covers a snapshot on the players business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the industry. The report highlights the pain points of the semiconductor manufacturing industry along with detailed company profiles of major players in India. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.

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Key Segments Covered in Indian Semiconductor Market

• By Type of Semiconductors

Intrinsic

Extrinsic

• By Type of Design

VLSI

Embedded Software

Electronic Design Automation

• By Region

North

South

East

West

• By Type of Application

Mobile

IT

Automotive

Consumer Electronics

Others

• By Type of Distribution Channels

Online

Offline

• By Type of Distributors

International

Local

Time Period Captured in the Report:

• Historical Period: FY 2017-2022
• Forecast Period: FY 2023F-2027F

Semiconductor Manufacturing Industry Players

NXP

Broadcom

Samsung

Moschip

Texas Instruments

Saankhya Labs

Key Topics Covered in the Report

• Ecosystem of Semiconductor Industry
• Business Lifecycle and Value Chain Analysis Semiconductor Industry
• Market Overview of Semiconductor Industry
• Market Size of Semiconductor Industry
• Market Segmentation of Semiconductor Industry by type of semiconductors, type of design, type of application, type of region, type of distributors, type of distribution channel
• Competitive Scenario of the Semiconductor Industry
• Issues and Challenges in Semiconductor Market
• Trends and Developments in the Semiconductor Industry
• Porter’s Five Forces analysis of the Semiconductor Industry
• Growth Drivers of Semiconductor Industry
• Challenges and Restraints in the Semiconductor Industry
• Government Rules and Regulations in the Semiconductor Industry
• Impact of Covid-19 on Semiconductor Industry
• Future Market Size of Semiconductor Industry
• Future Market Segmentation of Semiconductor Industry by type of semiconductors, type of design, type of application, type of region, type of distributors, type of distribution channel
• Analyst Recommendations
• Research Methodology

For more information on the research report, refer to the below link:

India Semiconductor Market Major Players

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Go To Market Strategy Framework – Ken Research

  

A go-to-market strategy is the business tool (and a critical component of the business plan) that product marketing experts, managers, and other decision-makers utilize to ensure a smooth launch of a new product, entry into an unaccustomed market, or the re-launch of a former brand/company.

Basically, a go-to-market strategy framework is a comprehensive action plan that details how a new product or a service would reach the end-customers. While each product has a dissimilar strategy, the end-goal of every GTM plan is the same – to accomplish a competitive benefit.

In the most basic sense, a typical GTM strategy boils down to two fields:

• The pricing strategy
• The distribution plans

Our Go-to-Market Strategy for consulting services will help your business win across hopeful geographies, products and solutions, with reorganized operating models, pinpointed pricing strategy, optimized sales capacity, operative marketing capabilities and more. We work closely with your team and support your organization with an adapted approach that aligns with your specific objectives. Our blueprint will convey you a sharp bottom-up view of the market and prioritize the target customer segments, to quickly transform the decisions to actions.

However, presently, businesses prefer to be a little more precise than that. To intricate, all go-to-market strategies have the following essential components:

• Target Market – before anything else, you should have a rich definition of your target audience. This contains the demographic, psychographic, geographical, and other variables that can benefit you narrow down your focus. In addition, you’ll also need to generate the buyer personas and pin-point the ideal profiles that you want to target (more on that later).
• Value Proposition and Product Messaging – your value proposition and a clear explanation of your product (the issues it solves, etc.) are two other foremost components of your GTM strategy. These will assist you position your brand and stand out from the horde.
• Pricing Strategy – relying on your target market and positioning objectives, decide on a suitable pricing strategy.
• Distribution Plan – finally, make sure that you have an operative distribution plan in place for your new product.

To become a factual product champion, knowing how to roll out a new product and treading into unaccustomed the territory is crucial.

In addition, responsibility for a company’s Go-To-Market Strategy lies around the multiple sectors of the business. However, it is noteworthy that the tactics utilized in the launch of a product - such as the generation of leads, advertising the brand, promotion campaigns, public relations, and interrelating with customers - are operations of the marketing department. As a consequence, it is they who will propel the strategy forward, and deliver the key guidance to the rest of the business. In precise, the Product Management team is instrumental to the product’s fate, and so would be projected to work carefully with any marketing campaigns and the like.

Read Also –

Go-To-Market Strategy Research Boosts Your Opportunities in Several Times

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com 

+91-9015378249

Rapid Growth of the Mobile App Ecosystem and Shift Toward the Use of Online and On-Demand Data Platforms Will Be the Future Catalyst for North America PaaS Market: Ken Research

 Buy Now

• In July 2019, IBM acquired Red Hat and accelerates its high-value business model, bringing Red Hat's open-source innovation to a larger customer and accelerating its high-value business model.
• In April 2022, Oracle announced the release of Oracle Exadata Cloud Infrastructure X9M, the most recent version of its most potent Oracle Database platform (OCI).
• Dell Technologies provides edge platforms for all the major cloud stacks that make use of standard hardware and delivery methods. The company anticipates that these platforms will be more powerful and widespread in 2022.

Time to Market (TTM): Businesses' technological environments are evolving quickly, including how infrastructure is constructed and maintained, as well as how software applications are produced and delivered. Time to Market (TTM) refers to how long it takes a company to bring a product or feature to market; it is an important aspect in determining an organization's performance, along with product development costs.

                                                                     North America PaaS Market

Rapid Growth of The Mobile App Development Ecosystem: The mobile ecosystem is rapidly expanding, and app development is emerging as a critical component powering its expansion. The creation of corporate mobile apps is becoming a primary concern for corporations as digital firm’s flourish. The COVID-19 outbreak has caused a surge in demand for several mobile applications.

Innovation And Development in The Healthcare Sector: Healthcare technology firms that provide in-house software services and seek adoption of readily usable technology platforms for foundation healthcare needs such as customer/patient registration, billing, Electronic Health Records / Electronic Medical Records, and so on, allowing them to focus on the development and maintenance of their business-specific value-added software components such as data analytics, AI, and so on.

Analysts at Ken Research in their latest publication “North America Platform as a Service (PaaS) Market Outlook and Forecast to 2027 - Driven by Major Cost Savings and Faster Time to Market achieved from PaaS Use: Ken Research” believe that the PaaS market is expected to grow owing to the shift toward the use of online and on-demand data platforms, as well as an increase in market sales for online shopping models.

Key Segments Covered in North America PaaS Market: -

North America PaaS Market by Deployment Type

Public Cloud

On-Premises

Hybrid Cloud

North America PaaS Market by Solution Type

PaaS for Artificial Intelligence (AIPaaS)

Database as a Service (DBaaS)

Integration Platform as A Service (iPaaS)

Application as a Service (aPaas)

Business Analytics (BaPaaS)

Application Development (ADPaaS)

Others

North America PaaS Market by Enterprises Type

Large Enterprises

SMEs

North America PaaS Market by End User Industry

Banking, Financial Services, and Insurance

Retail & Consumer Goods

Media and Telecommunication

IT and ITeS

Healthcare

Energy and Utility

Automotive and Transportation

Others

To learn more about this study - Request for Free Sample Report

North America PaaS Market by Geography and Major Countries

US

Canada

Mexico

Key Target Audience

Commercial Platform as a Service (PaaS) Solutions Providers

Enterprise Software Solutions Providers

Enterprise Software Service Providers

Enterprise Cloud Infrastructure and Solution Providers

Enterprise Software Systems Developers & Integrators

Enterprise Software Solutions User Interface (UI/UX) Design Providers

Enterprise Software Solutions Operating System (OS) Providers

Enterprise Software Solutions Distributors

Cloud Infrastructure Providers

Cloud Software Solutions Developers

Cloud Software Solutions Distributors

Allied/Auxiliary industries for PaaS Solutions

Middleware Software Providers for PaaS

Potential Investors in PaaS Solutions Segment

IT and ITES Industry Associations

Ministries of Information Technology Services

Ministries of Communication Technology Services

Time Period Captured in the Report:

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Major PaaS Companies in North America Mentioned in the Report:

Amazon Web Services (AWS)

Google Cloud

Microsoft

AT&T Inc.

Dell Technologies, Inc.

IBM

Oracle

HPE

VMware Inc.

Salesforce

Mendix

SAP SE

To learn more about this study - Request for Free Sample Report

Notable Emerging PaaS Companies in North America Mentioned in the Report:

Outsystems

IntelePeer

Nodejitsu Inc.

ActiveState

Cloud Connectors

Fintelics Technology Inc.

Hexagon Data

Technogi

Gogiro

OneCloud

MCM Telecom

Key Topics Covered in the Report: -

Snapshot of North America PaaS Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America PaaS Market

Historic Growth of Overall North America PaaS Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America PaaS Industry

Overview, Product Offerings, and SWOT Analysis of All the Key Competitors

COVID-19 Impact on the Overall North America PaaS Market

Future Market Forecast and Growth Rates of the Total North America PaaS Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America PaaS Market in Major North American Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America PaaS Companies within Each Major Country

For more information on the research report, refer to below link:

North America Platform as a Service (PaaS) Market

Related Reports by Ken Research: -

Europe SaaS based SCM Market Outlook and Forecast to 2027 - Driven by Acceleration of Supply Chain Digitization, E-Commerce Boost and EU Regulations on Data Storage

KSA Data Center and Cloud Services Market Outlook to 2026F – Driven by rising investments in data centers from private sector and government support towards technology and Cloud first policy

UAE Data Center and Cloud Services Market Outlook to 2026F – Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services

Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249