The On-Demand Ride Services market is projected to grow at a CAGR of 6.25% during the forecast period, reaching a total market size of US$175.680 billion in 2024. Growing global travel and tourism industry is one of the major drivers of on-demand ride services market. Rising adoption of smart connected devices and lower cost of these services are also boosting the growth of on-demand ride services market. However, factors such as lack of regulation, fluctuating fares, and inadequate insurance co 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 as providing timely entertainment. The global smart homes market is expected to grow at a CAGR of 17.86% reaching US$124.596 billion in 2024 from U 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...
E-learning is learning by using electronic technologies to access educational curriculum outside from traditional classroom. The market is expected to grow due to the adoption of technology-based teaching and learning techniques. The development technologies such as machine learning, AR & VR devices, wearable devices, AI and big data are allowing several institutions to deliver education-based content in an innovative and interactive way, this has anticipated driving the growth of the market in Read more...
Telecom Electronic Manufacturing Services is designing and manufacturing of telecom electronics and providing related services on contract basis. The market for this is expected to have a significant growth driven by the rise in demand for communication devices and expansion of wireless communication. There is a trend of contract manufacturing or subcontracting in the telecom industry which is expected to positively affect the market growth. It offers a number of benefits such as reduced time to Read more...
Online movie ticketing service refers to the booking done by digital mediums like smartphones, laptops, computers, and tablets. The market is expected to grow due to growing digitalization along with internet services. Increase in the efforts made by companies to make their application and website user-friendly is anticipated to boost the market. Moreover, the rise in disposable income of consumers and rise in the adoption of smartphones and PCs is assumed to further boost the market. The market Read more...
Higher education is learning which convey through context with the help of hardware, it focuses on improvement of overall learning experience of user. The market is expected is grow due to increasing demand for educated workforce in developing countries. Increase in student enrolment along with rising trend towards globalization for adoption of device based computing in educational services is anticipated to boost the market. Growth in online learning market and encouraging adoption for integrat 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 Read more...
Farm management software helps farmers to plan, manage and analyze the activities which are going on the farm easily and effectively. It enables the farmers to make better decisions by planning efficiently and to track activities in real time, which saves labor and input costs. The farm management software market is expected to grow due to the growing demand for food and beverages worldwide. The integration of farm management software with smartphones is creating a new opportunity for the market Read more...
The e-commerce route optimization 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 sector are d Read more...
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