David Zhang Asia Pacific Insight Manager: Services
singapore
English, Chinese
About David
David Zhang is the regional market insight manager in Asia Pacific. Based in Singapore, he spearheads Euromonitor’s services research in Asia Pacific, covering payments and lending, automotive, and consumers and economies. David leads research across multiple global and regional reports, collaborating with leading payment firms, banks, big techs, and automotive manufacturers. His professional interests include embedded finance, commercial payments, the digital wallet, Gen AI, and electric vehicles.
Expertise
From 2019 to 2022, David worked in United Overseas Bank’s TMRW Digital Group, providing market intelligence and performance tracking, while supporting strategic planning for both internal and external communications. He has also commissioned external agencies on FinTech scanning, competitor tracking and consumer research. He has more than 15 years of industry experience, with 10 years in market research, and over six years in finance. David has spoken at the Sibos 2024 global conference in commercial payment reconciliation, and was invited by UnionPay HQ for a keynote speech on cross-border transaction in its 2023 global member council meeting. He also attends interviews regularly by Asian Banking & Finance.
Recently Published Work
Three Key Tech Forces Powering Asia’s Trillion Dollar Gen Alpha Surge
16 Mar 26Gen Alpha is the emerging growth engine for Asian economies. Nearly one billion Gen Alphas shape demand to 2040, while their parents, now the household decision-makers, sustain USD9 trillion in 2025 family spend. As the oldest Alphas work from 2030, their outlays will record USD3 trillion by 2040. This scale requires action: safer, human-centred, ultra-convenient, personalised tech, especially in AI, social media and gamification, and smart devices.
David Zhang
Top Five Trends in Payments in 2026
6 Mar 26Payments and lending is rapidly evolving as innovation from fintech impacts every part of a transaction. Digital currency investment is accelerating as the use cases for them continue to expand, while credit is now projected to become the most used card function by payment value in 2030. Also driving payments are the more than 400 million newly banked consumers and the USD28 trillion in available commercial paper payments.
David Zhang
Three Key Strategies to Accelerate Mass Adoption of Electric Vehicles
27 Feb 26Global passenger EV growth is decelerating. The 49% volume CAGR of 2020-2025 is expected to moderate to 2030, shifting the agenda from premium niches to affordable scale. In 2025, 63% of consumers agreed/strongly agreed that EVs’ initial purchase price is a significant barrier. They demand quality, safety, charging reliability and residual value.
David Zhang