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 cond 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 that are used in a variety of industrie Read more...
The global e-hailing which is estimated to surge from US$52.775 billion in 2019 to US$280.244 billion by 2025 at a CAGR of 32.08% during the forecast period.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 is further boosting Read more...
Smart homes are residences equipped with a high-end computational and operational network that automatically operates, interacts with and responds to the needs of its residents. This impacts the occupants’ luxury and convenience. Other major purposes that are solved by smart homes are enhancing security measures, providing energy efficiency as well Read more...
The global e-pharma market is projected to grow at a CAGR of 19.3% to reach US$72,694 million by 2024, from US$25,212 million in 2018. With rapid internet penetration across the global economy, the adoption of e-commerce model and digital technologies to the pharmaceutical industry is going to be a big game changer in the pharmaceutical markets acr Read more...
The home automation market was valued at US$62.471 billion in 2018 and is anticipated to grow at a CAGR of 11.86% to reach a market size of US$122.391 billion by 2024. Rapid mobile connectivity, rising awareness for low power consumption devices, technological advancement, change in consumer lifestyle, rising security concern, and favorable government regulations are the major drivers of the home automation market. In addition, the growth in the IoT market and construction industry are fu Read more...
Smart Parking market is projected to grow at a CAGR of 11.51% during the forecast period, reaching a total market size of US$12.929 billion in 2024 from US$6.724 billion in 2018. Smart Parking is a parking strategy which is a combination of technology and human innovation so as to utilize fewer resources like fuel, time and space for the achievement of faster, easier and denser vehicle parking. Smart parking along with intelligent transportation which is called its sister approach is essential Read more...
The global crypto ATM market is projected to grow at a CAGR of 46.60% to reach US$183.779 million by 2024, from US$18.513 million in 2018. Crypto ATMs are the kiosks which allow a user to exchange their cryptocurrency for cash. Rising popularity of cryptocurrency will drive the demand for crypto ATM worldwide. In addition, rising installations of these ATMs in the hospitality industry will further boost the demand for these ATMs. However, uncertain government regulation regarding the use of cryp Read more...
The Location of Things market was valued at US$XX.XX billion in 2018 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2024. Rapid growth of logistics sector across many regions worldwide is a major factor driving the growth of this market. As players across this industry continue to increase their focus on proper management of fleet while improving their offerings to their customers, the demand for Location of Things is witn Read more...
The smart stadiums market is projected to grow at a CAGR of 18.69% during the forecast period 2018-2024. Growing sports viewership is leading to an increased number of stadiums in both developed and developing countries. The burgeoning number of international sports tournaments in developing countries like India, China, Japan, and Qatar is boosting Read more...
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