Global Scans · Consumer · Weekly Summary

WHAT'S NEXT?: Technology will become the new sales assistant, always on, always friendly, always delivering. Consumers will co-create and create products to their exact needs. Brands will have to focus on seizing mobile moments on apps that already have consumer's attention. Instantly explore below how lifestyles, buying behaviors and attitudes are changing and where you fall short in the battle to win consumers hearts and minds.

• [New] Disruptions to global food supply chains, resulting in higher prices, have drawn consumers' focus towards factors that help protect their physical and financial health. Mintel
• [New] Driven by the growing demand for AI and machine learning technologies, data centers are expected to consume 13% of all global electricity annually by 2030. T-Net British Columbia
• [New] Digital services' growing demand for water means that by 2030 the average European internet user will consume 3 liters of water a day - more than they drink. UNDP
• [New] Countries in Africa, Latin America and East Asia have had to embrace mobile technology because of poor fixed line infrastructure, which has opened up a world of opportunities for inclusion. Biometric Update | Biometrics News, Companies and Expla
• [New] As consumers anticipate the next leap in smartphone innovation, Huawei's endeavour signifies a paradigm shift in mobile technology. Smartphone Magazine
• [New] EHang and KC Smart Mobility will make joint efforts to kick off the EH216 - S flight event in Hong Kong, setting a benchmark for UAM operation with pilotless eVTOL in Hong Kong. MarketScreener
• [New] Total telecom service revenue in Vietnam will increase at a CAGR of 4.7%, primarily supported by growth in the mobile data and fixed broadband service segments. Yahoo Finance
• [New] The MBAF will continue to propose changes to the PACE lien priority issues that will result from the bill becoming law in order to protect consumers and sustain financing options with Florida. Mortgage News Daily
• [New] The German manufacturer of consumer goods now expects its adjusted earnings per preferred share to rise by 20% to 30% at constant exchange rates, compared with a previous range of 15% to 25%. MarketScreener
• [New] The need for the Chennai MRTS arose from the urgent requirement for a high-capacity, rapid transit system that could alleviate traffic congestion, improve travel times, and promote sustainable urban mobility for Chennai's burgeoning population and thriving economy. Metro Rail News
• [New] The Product Safety and Metrology Bill - which is focused on consumer and product regulation - is intended to support government in responding to new product risks and opportunities to enable the UK to keep pace with technological advances, such as AI. PublicTechnology
• [New] Global advertising revenue is expected to grow at a 6.7% compound annual growth rate through 2028, ahead of the other two broad E & M segments analysed: connectivity and consumer. PwC
• [New] In Ireland, Source's plans will help accelerate action to meet the Government target of placing almost one million electric vehicles on roads by 2030, while building consumer confidence in EV charging. Fleet World
• [New] The bolt component could tie into Tesla's branding around electric vehicles, perhaps suggesting an electrifying taste experience that energizes the consumer. Tesla Mag EN
• [New] Global mobility will not likely decrease and more and more companies will face the need to employ staff from abroad - the demand for the workforce is growing, especially in rapidly aging European countries. phys.org
• [New] Demand for personal care products is expected to increase, particularly in Germany, Italy, France, Spain, and the U.K., as consumers' preferences for grooming to promote positive self-esteem are expected to grow. Yahoo Finance
• [New] Changing consumer behaviours brought on by increased digital disclosure, personalized purchasing, and simple access to information will fuel demand for personal care products globally. Yahoo Finance
• [New] The marketing landscape in 2024 will be shaped by several key trends that reflect shifts in technology, consumer behaviour, and societal values. Mid Hudson News
• Similarly in Ireland, Source's plans will help accelerate action to meet the government target of placing almost 1 million electric vehicles on roads by 2030, while building consumer confidence in EV charging. Energy Connects
• To fully realize the potential of electric mobility in Brazil, a concerted effort involving government, industry, and consumers is essential. pv magazine International
• As economies recover from Covid-19 pandemic-related disruptions, there is a surge in consumer demand for goods, particularly in North America and Europe. More Than Shipping
• Mobile data revenue will increase at a CAGR of 11.4% over 2023-2028, driven by increasing mobile internet subscriptions, growing 4G subscriptions, projected growth in adoption of 5G services, and increasing mobile data ARPU. / Cameroon Research and Markets
• Total telecom service revenue in Cameroon will increase at a five-year CAGR of 5.2% over 2023-2028, primarily driven by strong growth in mobile data revenue and steady growth in fixed broadband service revenue. Research and Markets

Last updated: 25 July 2024