Global pet insurance market is projected to grow at a CAGR of 4.75% during the forecast period, reaching a total market size of US$80.798 billion in 2025 from US$61.163 billion in 2019. Pet insurance is a healthcare policy for pets. That helps owners to reimburse their pet certain medical expenses. This protects against the risk of paying high medical care fees. Insurance plans can be a lifesaver in times of sudden accident or illness and affording an injury is expensive. Pet insurance is the Read more...
Global online clothing rental market is projected to grow at a CAGR of 16.99% during the forecast period, reaching a market size of US$5.606 billion in 2025 from US$2.186 billion in 2019. Online clothing rental consists of services through which individuals can rent clothes for a predefined period. Online clothing rental services help the customer in saving money from buying clothes for a specific function or occasion that may not be used later. Customers do order clothes for occasionally con Read more...
The global data visualization market was valued at US$8.227 billion in 2018 and is expected to grow at a CAGR of 8.24% over the forecast period to reach a total market size of US$13.227 billion in 2024. The growth of the market is majorly attributed to continuously increasing penetration of digital technologies into business functions across industries. As the digitization of processes continues across all major verticals, the focus of enterprises towards capitalizing on the huge volumes Read more...
AI Solutions market is projected to grow at a CAGR of 14.81% during the forecast period, reaching a total market size of US$119.866 billion in 2024 from US$52.343 billion in 2018. Artificial Intelligence, as the name suggests, is associated with human intelligence and has similar features such as understanding language, learning, problem-solving, and various others. It is one of the fastest-growing technology. Increasing adoption of cloud-based applications and services, a growing number of co Read more...
Self-Service Kiosk market is projected to grow at a CAGR of 10.11% during the forecast period, reaching a total market size of US$68.321 billion in 2024 from US$38.345 billion in 2018. Self-service kiosks are devices that help in providing information and interactive support to the people in their day to day tasks such as bill payment, buying of tickets, banking transactions, and so on. The self-service kiosks are time saving and cost effective solutions which are used in a variety of industri Read more...
Shared mobility market is projected to grow at a CAGR of 19.64% during the forecast period, reaching a total market size of US$629.550 billion in 2024 from US$214.651 billion in 2018. Shared mobility is a service in which vehicle, motorcycle, scooter, bicycle, or other travel mode is shared among users in lieu of money. The shared mobility has provided immediate advantage in the form of reduced mobility cost as well as more efficient use of the fleet. Proliferation of smartphones and mass mark Read more...
E-hailing market is projected to grow at a CAGR of 20.38% during the forecast period, reaching a total market size of US$522.526 billion in 2024 from US$171.721 billion in 2018. The process of requesting a passenger vehicle through any electronic device such as desktop, mobiles etc. is termed as e-hailing or ride-hailing. Rising proliferation of smartphones and internet connectivity is driving the demand for e-hailing services across the globe. Growing traffic congestion and rising fuel costs Read more...
The global Big Data as a Service (BDaaS) market was valued at US$16.125 billion in 2018 and is expected to grow at a CAGR of 19.08% over the forecast period to reach a total market size of US$45.969 billion in 2024. Big Data as a Service (BDaaS) is a term used to refer to services that offer analysis of large or complex data sets, usually over the Internet, as cloud-hosted services. The market of BDaaS is boosting on account of the increasing demand for statistical analysis as a massive amount Read more...
Telecom API market is projected to grow at a CAGR of 4.50% during the forecast period, reaching a total market size of US$164.459 billion in 2024 from US$126.265 billion in 2018. API enables broad-based communication for application developers by extending an enterprise and opening new markets for it. API extends an enterprise and opens new markets, application developers can easily leverage, publicize and aggregate a company’s assets for broad-based communication. Growing adoption of M2 Read more...
The global identity analytics market was valued at US$4.485 billion in 2018 and is expected to grow at a CAGR of 9.72% over the forecast period to reach a total market size of US$7.824 billion by 2024. Identity analytics manages and monitors the identity-based risks and threats across the organization. The data of the enterprises today rests in on-premise and in cloud data stores, which have multiple access privileges. Therefore, identity analytics management is necessary so that the data can be Read more...
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