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Firms turn cautious over gen AI amidst fears of obsolescence, fragmented regulations
Firms turn cautious over gen AI amidst fears of obsolescence, fragmented regulations
Of 47 APAC jurisdictions, about 16 have AI regulations or guidance in place.
8 in 10 insurers plan to increase tech investment this year
36% of insurers prioritise AI and machine learning.
APAC's insured only 5.4% of $74b disaster losses: Aon
APAC was also the second-largest region in terms of economic losses.
Medical plan costs to rise by 11.1%: Aon
APAC is expected to experience the second-largestYoYr increase globally.
Only 9.1% of Asia's economic losses insured in 2024
The five-year average for insured losses was $11b.
Energy storage funding up 5% in 2024
This was despite a decline in the number of deals.
APAC consumers embrace cost-conscious spending
They are focusing on products that offer better functionality, quality, convenience, and health benefits.
Retail growth in APAC to continue amidst regional differences
In China, a net negative trend is expected to intensify.
Financial firms plan cautious 2025 pay raises
Region-wide, planned budget increases averaged 5.2%.
Global healthcare education market to hit $280.6b by 2032
One key driver is the integration of virtual learning platforms.
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
Solar to account for half of 2025 clean energy investments
It is expected to surpass gas and possibly coal capacity.
Global breast cancer brachytherapy market to be valued at $1.88b by 2035
It is expected to witness a 6.94% CAGR growth during the period.
Gen Alpha set to dominate consumer market by 2040
Although they don't earn money yet, they are already influencing household spending.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Global chronic disease management market to reach $1.1t by 2029
The economic burden of the condition is projected to cost the global economy $47t by 2030.
Retail, consumer brands to boost AI investments by 52% in 2025
Companies plan to allocate an average of 3.32% of their revenue to AI this year.
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Surya highlights strong government support, a tech-savvy population, and openness to change as key drivers of regional growth.
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Mobile-first web design: Why Asian brands can't afford to ignore it in 2025