The India Digital Payments market is expected to grow at a CAGR of 21.07% to reach US$71.561 trillion in 2025 from US$22.723 trillion in 2019. The market has seen a positive growth in the number of people opting for digital payments during the pandemic, given the government regulations and laws encouraging social distancing and touchless transactions. The market is expected to grow at a significant rate in the coming years owing to the increased number of people who opted for digital pay Read more...
Global Online Gambling market was valued at US$44.317 billion in 2019 and is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025. Growing popularity of betting across different regions around the globe is significantly driving the global online gambling market. According to the American Gaming Association (AGA), around 2,800 sites are active online and offer games and activities such as poker, lottery, and bingo, as of 20 Read more...
The Internet of Things (IoT) Chip Market in Transportation is estimated at US$376.791 million for the year 2019. Companies are combining IoT with artificial intelligence, predictive analytics, and big data in order to revolutionize the fleet management industry, thus positively impacting market growth.Internet of Things (IoT) in transportation industry helps to assist in improving road safety while easing traffic congestion and averting road accidents. According to the WHO (World Health Read more...
The IoT Chip Market in Healthcare is estimated at US$1,507.165 million for the year 2019. Rising healthcare expenditure is boosting the adoption of digital technologies including Internet of Things (IoT), artificial intelligence (AI), virtual/augmented reality (VR/AR), and 3D printing among others. In the healthcare sector, digital technology is helping in developing sustainable healthcare systems and providing cheaper and more effective solutions for various diseases. As such, the IoT c Read more...
The IoT Chip Market in Retail is estimated at US$1,937.783 million for the year 2019. The global retail industry is undergoing a rapid transformation with the growing adoption of the Internet of Things (IoT). IoT has various applications across the retail sector as it helps boost sales, increase customer loyalty, offer a personalized experience, and improve inventory management. The increasing proliferation of smartphones and connected devices coupled with rising penetration of bette Read more...
The IoT Chip Market in Government is estimated at US$2,852.847 million for the year 2019. Internet of Things (IoT) has the potential to transform the public sector by changing the way how government entities collect data and information with emerging trends of mobility, automation, and data analytics. The growing usage of connected devices is increasing the volume of big data worldwide. As such, the demand for the application of IoT in the government sector is rising in order to gather and Read more...
The Internet of Things (IoT) Security Market is estimated at US$698.289 million for the year 2019. The growing adoption of connected devices and networks has also increased the concern related to cyber threats. IoT involves adding internet connectivity to a system of interrelated devices and digital machines. This complex integration and interconnectivity of systems have also lead to a rise in the number of cyberattacks on the devices in order to gather confidential data. As such, the deman Read more...
Global E-Books market was valued at US$29.252 billion in 2019. E-books also known as electronic books are referred to as those books that are published in digital forms so as to be viewed or read on mobile devices such as smartphones, PCs and laptops, e-readers, and tablets among others. These books consist of similar content available on printed textbooks such as texts, images, and graphics among others. The primary factors that are driving the e-books market growth include the rapid pe Read more...
The in-game advertising market is estimated at US$128.683 billion for the year 2019. The in-game advertising market is anticipated to grow at a decent CAGR on account of the growing adoption of games as a medium of advertisement by the companies as there is the growing popularity of social games throughout the globe. Advertisement is also considered as an integral pillar of marketing. Furthermore, the continuously evolving advertising trend is leading to a shift or a change in the medium 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...
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