The global cyber insurance market is estimated at US$6.848 billion for the year 2019. The primary growth factor that drives the cyber insurance market worldwide is the growing cybercrimes across the world coupled with the growing adoption of cloud across the various end-user industries. Also, the movement of end-users towards the adoption of data-driven operations is also exposing them towards greater risks of cyber threats. Thus, all these factors are contributing to the adoption of cyb Read more...
Global Travel Insurance Market as valued at US$30.904 billion in 2019. Travel Insurance provides coverage for risks associated while the person is traveling. Risks associated include injury or death, trip cancellation, medical expenses, loss of luggage and travel documents, etc. The premium varies according to the travel insurance plans and coverages. Read more...
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 29.22% to reach US$114.122 million by 2025, from US$24.518 million in 2019. 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 insure 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...
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