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...
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 Read more...
The BFSI data monetization market is projected to grow at a CAGR of 5.85% during the forecast period. Rapid growth of this industry, indicated by rising number of accounts in banking and financial institutions worldwide, is one of the major factors driving the growth of this market. Continuous drift of banks and financial institutions towards has been leading to generation of huge volumes of data per day. This data includes valuable information about account holders and current trends. Growing c Read more...
The usage-based insurance market is projected to grow at a CAGR of 34.78% to reach US$45,311.046 million by 2024, from US$7,559.693 million in 2018. Usage-based insurance (UBI) is a type of automotive insurance where, instead of the premium being decided on the traditional backgrounds, it is also determined on the behavior, driving pattern, and usage of the vehicle. The demand for UBI is projected to witness substantial growth during the projected period due to the premium discounts allowing i Read more...
The e-commerce Route Optimization Software Market is projected to grow at a CAGR of 14.56% during the forecast period. The growth of this market is majorly attributed to rapid growth of e-commerce sector across the globe which is increasing the inflow of investments by players across this sector into advanced technologies which can streamline processes and help them improve their margins. Since internet penetration has been increasing across all major geographies worldwide, companies in this sec Read more...
The Food Delivery Route Optimization Software Market is projected to grow at a CAGR of 18.57% during the forecast period. The growth of this market is attributed to rapid growth of food delivery sector across the globe. Growing competition in the global food industry along with increasing internet penetration across all major geographies worldwide is encouraging food retailers to use food delivery services. Rising inflow of investments by players across this sector into advanced technologies can Read more...
Global flight management system market is estimated to witness a CAGR of 4.98% to reach US$5,092.296 million from US$3,803.571 million in 2018. The flight management system is an interface between the flight crew and flight desk system, so it is one of the main components in avionics systems as it performs different in-flight operation automaticall Read more...
The global e-commerce analytics market is projected to grow at a CAGR of 6.11% to reach US$22.412 billion by 2025, from US$15.699 billion in 2019. E-commerce analytics is defined as the interpretation and communication of meaningful patterns in data that is generated by online retail stores. The usage of E-commerce analytics can facilitate proper and informed decisions via the analysis, management and proper sorting and interpretation of the large amount data that is generated. The dispos Read more...
The Augmented analytics market is projected to grow at a CAGR of X.XX% to reach US$XX.XX billion in 2024 from US$XX.XX billion in 2018. Augmented analytics refers to the process of using machine learning and natural language processing to get a better understanding of data by analyzing data programmed through these processes. Augmented analytics is used as a leading-edge business intelligence tool that analyses data through comprehensive algorithms to provide business insights through artific Read more...
The Function as a Service (FaaS) market is projected to grow at a CAGR of 18.37% during the forecast period. The growth of the function as a service (FaaS) market is majorly attributed to the increasing focus of enterprises towards agility of infrastructure and cost reduction. As these remain the key focal points for many enterprises, the popularit Read more...
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