“As well as operating as an outsourcing partner, Outman Consulting also publishes its own branded reports on various tech-driven markets. Below is a selection of our recent reports. Please email us for further details.”
The Spanish AI-Driven Medtech Market
The global MedTech funding is forecast to drop severely in 2023 to approximately $30 billion (-54% YoY) mainly as a consequence of macroeconomic factors, above all the rise in interest rates. Nevertheless a strong rebound is expected for 2024. Outman estimates $44.8 billion of total funding for 2024, indicating a 49% YoY growth. Spain is an increasingly dynamic market for AI-Driven MedTech ventures and is set to further develop in 2024.
Outman interviewed a selection of Spanish AI-driven MedTech startups that are reshaping healthcare operations through breakthrough advancements and should be on the radar of venture capitalists. This report captures key trends, investment opportunities, drivers, and challenges.
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Southern European Digital Payments Snapshot
According to the European Central Bank, in 2019 Spain and Italy were two of the Eurozone countries most fond of cash, with notes and coins accounting for 83% and 82% respectively of all instore transactions. By contrast, in the Netherlands or Finland, this percentage was less than 35%.
In January 2021, Outman Consulting carried out a survey of 2,000 Italian and Spanish consumers. This study confirms the marked preference for cash payments in the largest economies in Southern Europe: 78% of respondents said that, prior to the pandemic, cash was their preferred way to pay for purchases under 10 euros.
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Southern European E-Commerce Snapshot - 2020
Despite the marketing budgets of Internet giants like Amazon, Southern Europeans have remained stubbornly resistant to e-commerce. In 2019, 79% of German consumers had shopped online at least once. In Italy, the world’s 8th biggest economy, this figure was just 38%.
Spain and Italy experienced two of the strictest lockdowns in the EU. With all but essential in-store purchases prohibited, millions of people were forced online for the first time. Having taken those first steps, the big question is whether these customers will stay online, or will it remain an option of last resort?
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India’s Digital Investment Revolution
India is in the middle of an unprecedented shift to mobile-based financial services. Investment is booming, with a new generation of start-ups serving a vast and previously untapped market.
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Fintech China
The world’s most populous country is leading the way in financial innovation, with mobile payment options firmly established. What lessons can the rest of the world take from this grand Chinese experiment?
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European E-Commerce review 2019
Our annual European E-Commerce review, covering the major developments of the year, brand share changes and market forecasts.
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Fintech Africa 2018
Though soaring Bitcoin prices have captured the headlines, it is in Africa where blockchain technology is starting to show its real potential. From immutable land registries to mobile payments, blockchain has the capacity to transform African economies and finally bring financial services to the millions excluded from traditional banking.
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