Although the industry is no longer in crisis, the future of all automotive industries is far from guaranteed. There will be several challenges ahead, particularly meeting emission regulations and increasing competition from low-cost producing countries such as China. Industry revenue is forecast to decline slightly by an annualised 0.7% over the five years through 2017-18, to reach £38.6 billion. Read the full report on IBIS.
The market for alternative healthcare is highly diverse and continues to expand in terms of the variety of options available to consumers. Around one in every five adults in Britain is thought to be a consumer of this market; approximately 6 million people in the UK use alternative therapies. Read the full report on Keynote.
The library has subscribed to a new database – Planet Retail. Planet Retail database is provided by a leading retail analyst firm, and provides global insight, analysis, news and data covering more than 9,000 retail operations across 211 markets.
Long term, the internet may indeed take a substantial share of all grocery retailing, but we think that this will result from more subdued growth over an extended period rather than sustained double-digit increases in sector sales. And for the major bricks-and-mortar grocers, for whom it remains generally more profitable to service custom in-store, we question whether actively growing the pool of internet shoppers or their total online spend should be an aim. Read the full report on Mintel.
While the UK economy has been struggling to begin a proper recovery, cloud computing has enjoyed healthy growth since 2011-12. Given that the industry provides cost-reduction potential, it only takes a slight increase in business confidence to encourage potential subscribers to look at future business operations. Once businesses are aware of the cloud-computing option, cloud-computing operators will see a further increase in business spending, despite the subdued level of business capital expenditure in the United Kingdom over the coming five years.
Read the full report here.
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Industry revenue is expected to total £8.92 billion in 2012-13, having grown at a compound annual rate of 5.0% over the past five years. A range of factors, including growth in passenger journeys, increased capacity and population growth, has supported revenue growth. Costs of alternative transport have increased more than rail fares, maintaining rail’s competitive advantage and leading to passengers choosing trains over cars. Read the full report here.