Financial Services Application Software Market Assessment Covering Growth Factors and Upcoming Trends (2019-2025)

The financial services industry is exceptional among others, the essential business model of the banking sector is not transactional, the direct exchange of payment for a product or service but rather one of stewardship. With the utilization of innovation and knowledge, the banking and monetary sector has incorporated risks into the alleged decision-making, encouraging a culture that includes risk management, systematically observation performance, providing relevant market intelligence, and delivering business and profit insights. Although financial solutions can be much harder to differentiate than tangible products, which means financial service companies are constantly struggling to distinguish their product portfolio from competitors. Faced with such a high degree of competition, most firms are placing a renewed focus on the client relationship itself. The global Financial Services Application Software Market is expected to achieve the market valuation of US$ 143.8 billion by 2025 increasing at a CAGR of 7.8% during the forecasted period (2019-2025).

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Regardless of sub-sector including banking, insurance, lending, or investing, financial service advisors are depended on the consideration of a given client’s assets and accounts; the client anticipates their relationship to yield high personal gain and minimal inconvenience. The world monetary crisis brought the financial services business into the spotlight, scrutinizing the data quality and the business' course and basic leadership. In the present situations, monetary services establishments would like a potent and reliable business intelligence answer, to satisfy their enterprise wants. Owing to the increasing range of economic establishments, there is a necessity for such monetary services. These services are found to complement client expertise, together with advancing the force. On the contrary, high readying prices forbid the far-reaching utilization of such services. The high scope of restrictive problems furthermore hampers the expansion of the market. Apart from automating the functions, global financial services applications software helps the customers in systematizing the analysis of large amounts of quantified data. This analysis helps in drafting organizational strategies for future undertakings. Hence, making the global Financial Services Application Market one of the most crucial markets in the banking sector. Financial services application software encourages end customers to plan and invest in a secured and efficient manner.

Based on software type the global financial service application software market is bifurcated into the Payment gateway, Budgeting, Financial forecasting, Bookkeeping, Financial Management, and others. Payment Gateways segment dominates the market with a 32.7% share in 2018. However, due to the rising demand for financial forecasting software to reduce future risks is anticipated to be one of the fastest-growing market segments, growing at a CAGR of 7.8% during the forecast period (2019-2025). 

The major drivers responsible for the growing demand for financial software includes the persistent increase of financial institutions, increasing technological awareness, extending digitalization. Nonetheless, the significant expense of deployment, increasing security concerns regarding App permissions, adhering to different political factors and regulatory compliances and low consumer and investor confidence are some restraints that can slow down the growth of the market. Financial Service Application Software market holds a wide range of services namely consulting services, integration services, training and support services, operations and maintenance and others. Consulting services dominates the market in 2018 and is expected to remain dominant throughout the forecast period 2019-2025.

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To analyze the growth potential of the financial services applications industry, detailed analysis is conducted to know the overall adoption and penetration of the financial services application software in major geographies including North America, Europe, Asia-Pacific, MENA, and Latin America. In 2018, North America was the largest market in value terms, followed by Europe.Whereas Asia-Pacific is expected to witness the highest CAGR growth of 9.2% during the analyzed period 2019-205. Some of the leading players operating in the market are FIS Global, Fiserv, Microsoft, Salesforce, IBM Corporation, Infosys Ltd., and TCS Ltd.

Global Financial Services Application Software

Market Segmentation

Market Insights, by Software Type

Payment Gateway

Budgeting

Financial Forecasting

Bookkeeping

Financial Management

Others

Market Insights, by Deployment Type

On-Premises

Hosted

Market Insights, by Services

Consulting Services

Integration Services

Training and Support Services

Operations and Maintenance

Market Insights, by End-User

Small & Medium Business (SMB)

Large Enterprise

UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Financial Service Application Software Market can be customized to the country level or any other market segment.

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Enhanced Water Market Assessment Covering Growth Factors and Upcoming Trends (2019-2025)

The Global Enhanced Water Market is anticipated to reach the market valuation of US$ 13.26 billion by 2025 expanding at a CAGR of 10.04% during the forecast period 2019-2025. As people are living in a world that is getting developed economically and socially, people's lifestyles have changed drastically over the past few decades. With evolving modern lifestyles, the urban population of the world has grown rapidly from 751 million in 1950 to 4.2 billion in 2018. Henceforth, it has significantly impacted the consumption patterns of the people across the globe. Rising tour and travel business, growing food and beverage industry, increasing disposable income has tremendously accelerated the overall demand for enhanced bottled water including enhanced water globally. However, the excessive use of plastic and water scarcity has remained a huge challenge for the enhanced water market. Annual enhanced water consumption has surged to 16.7 gallons in 2000 to a stunning 42 gallons of consumption per person per year in the United States in 2017 attributed to people choosing water above all drinks. In modern lifestyles, people continuing to get busier and on-the-go consumers are paying for the health food products, among which enhanced water holds a significant portion.

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With the growing need for clean drinking water, enhanced water has provided a sensible alternative to huge consumer base in contrast to juices, soft drinks and other carbonated drinks. Moreover, growing population, increasing disposable income as well as surging health concerns from waterborne disease and preference of low intake of sugars has bolstered the consumption of enhanced water globally. Companies offering enhanced water aim to create and innovate new product variants, focus on social development by giving the consumers continuous access to clean drinking water. Additionally, surging investments by numerous start-ups and technological innovations have further driven the market potential. It has been observed that enhanced water is rapidly growing with approximate 600 million households consuming enhanced water in 2018 accounting for more than 100 billion gallons (391 billion liters) of water per year or 1 million bottles per minute. Furthermore, enhanced water consumption is also expected to reach a volume of around 118 billion gallons by 2022. The nutrient enhanced water was the most consumed enhanced water in 2018. The specified segment is projected to enjoy the swiftest expansion throughout the reviewed period, accredited to changing and modern lifestyles along with growing preference for specific variants owing to its health benefits. Moreover, it has also been observed that global sales of alkaline water have witnessed a rise of 18% Y-o-Y to US$ 833.4 million in 2018. Moreover, the consumption volumes alkaline water amounted to 521 million liters in 2017 growing at 10% Y-o-Y. Other enhanced water variants available in the market are Electrolyte and Oxygenated water.

The global enhanced water is majorly consumed by commercial and residential end-users. Currently, commercial end-users consumed the majority of these waters, accounting for 69% share in terms of value in 2018. Growth in the travel industry coupled with the ever-expanding foodservice sector has tremendously influenced the market growth. While increasing population, spur in disposable income, rapid urbanization along with the rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, and food poisoning constitute to be the augmenting factors driving the demand for the enhanced water market. Moreover, a shift in living standards and growing awareness among the sophisticated business houses as well as corporate houses has accelerated the preference of enhanced water in recent years. Furthermore, the majority of consumers preferred offline mode of purchase for enhanced water. The segment dominated the market with more than 81.9% share in 2018. However, with a growing online retail business, the online purchase of water is expected to increase in years to come.

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Additionally, for better investigation and penetration of enhanced water among end customers, detailed regional/country-level analysis is conducted. Major region/countries analyzed in the study include North America (US, Rest of NA), Europe (Germany, Italy, Spain, France and Others), Asia-Pacific (China, India, Australia, Japan, South Korea and Others) and Rest of the World (Brazil). In 2018, North America dominated the global enhanced water market, accounting for 35.8% share. Asia-Pacific and Europe were the other major market. Continued changing consumer habits has lured most of the Americans to spur the intake of enhanced water in contrast to other carbonated drinks owing to their higher sugar content. More than 70% of the Americans prefer enhanced water as among their most preferred non-alcoholic beverage, this is helping the industry to grow at a reasonable rate. Over the past few years, the dominant players in this industry adopted a number of competitive strategies such as merger and acquisition, partnership and business expansion among others to expand their reach and market share. Some of the major players operating in the market include Danone SA, The Coca Cola Company, Pepsi Co Inc, Nestle, Otsuka Pharmaceutical Co. Ltd, FIJI Water Company LLC, Voss Water, National Beverage Corp., Spadel, and Bisleri International Pvt. Ltd. 

Global Enhanced Water Market Segmentation

Market Insights, by Water Type

Alkaline Water

Nutrient Water

Electrolyte Water

Oxygenated Water

Market Insights, by Distribution Channel

Online Distribution Channel

Offline Distribution Channel

Market Insight, by End-users

Residential End Users

Commercial End Users

Market Insight, by Region

North America Enhanced Water Market

United States

Rest of North America

Europe Enhanced Water Market

Germany

France

Italy

Spain

Rest of Europe

Asia-Pacific Enhanced Water Market

China

India

Japan

South Korea

Australia

Rest of Asia-Pacific

Rest of the World Enhanced Water Market

Brazil

Others

Top Company Profiles

Danone SA

The Coca Cola Company

Pepsi Co Inc

Nestle Waters

Otsuka Holdings

National Beverage Corp.

Spadel

Bisleri International Pvt. Ltd.

FIJI Water Company LLC

Voss Water

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The Global Enhanced Water Market can be customized to the country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

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Global Elderly Care Service Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025

Demand for elderly care service has grown immensely over the past few years, owing to the increasing demand for residential care facilities, escalation in the world's geriatric population and the occurrence of age-related disorders. Moreover, the lack of skilled labor is leading to the adoption of care bots and upsurge in the number of mobile applications centered on tele-awareness will mark as a trend in this industry. The main focus of elderly care services is to provide care services to the aging population. These services include homemaker service, housekeeping, occupational therapy, physical therapy, and nursing services among others. The popularity of these services is escalating among adults due to time constraints with their children and growing awareness among individuals. These services are bifurcated into institutional care, community care, day-care or home care. Additionally, seniors anticipate a high standard of living in their old age. This will raise the adoption of Elderly/senior care services and will result in the rising entry of players in this domain and will change the eldercare market scenario. In 2018, the Global Elderly Care Service Market was dominated by Institutional care and is anticipated to generate a market size of US$ 1,197.5 billion by 2025. Home-Based care is anticipated to be the fastest-growing service type during the forecast period.

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Healthcare is the fundamental necessity of every individual however; the soaring cost of healthcare makes it unaffordable for several people. The route to financial aid and funding is extraordinarily complex. Aging leads to declining health due to impairment and thus leads to huge expenditure on health-related issues. The financing or spending can be of three types namely, private expenditure, public expenditure, and out-of-pocket expenditure. Governments around the globe are increasing their expenditure on elderly care by providing this section of society with amenities and rising their years of happy and comfortable living. The global elder care service market is projected to gain market revenue of US$ 1,744.6 billion by 2025, growing at a CAGR of 8.31% during the forecast period 2019-2025. Elder people with chronic and long-term conditions such as neurological diseases that majorly include dementia, Alzheimer’s and Parkinson's disease; Chronic Obstructive Pulmonary Disease (COPD); multiple sclerosis; heart failure, are rising all over the globe. A focus on improving and maintaining the functional and physical health of seniors through therapeutic interventions within a community setting meeting others are thought to enhance the well-being and quality of life.

For in-depth understanding of the market and overall adoption of elderly care service, detailed analysis has been done for major region/country including North America (the U.S and rest of North America), Europe (Germany, Spain, the U.K., France, Italy and Rest of Europe), Asia-Pacific (Japan, India, China, Australia and rest of Asia-Pacific), and Rest of World. Due to the rising awareness towards elderly care services and high government expenditure on senior care Europe dominates the Elderly Care market globally, with market size of US$ 372.7 billion in 2018. Further, the rise in the geriatric population in North America, as well as Asia-Pacific are estimated to fuel the Elderly Care market in both the regions in the upcoming years.

For analysis of the overall adoption and penetration of elderly care service around the globe please visit: - Elderly Care Service Market

Some of the major players profiled in the global Elderly Care study include Amedisys, Inc., Benesse Holdings Inc., St Luke's Eldercare Ltd., Bayada home health Care., Brookdale Senior Living Inc., Nichii Gakkan Co. Ltd, Econ Healthcare Group, Kindred Healthcare, Inc., Epoch Elder Care and ApnaCare Private Limited. These players are entering into several mergers & acquisitions and partnerships for the expansion of their reach and increasing their hold on the market and to also provide an older population with better services.

Global Elderly Care Market

Market Segmentation

Market Insights, by Service Type

Institutional care

Adult daycare

Home-based care

Market Insights, by Funding Source

Public expenditure

Private expenditure

Out-of-Pocket Spending

Market Insights, by Service provider

Public

Private

Market Insights, by Region

North America Elderly Care market

United States

Rest of North America

Europe Elderly Care market

Germany

Spain

The U.K.

France

Italy

Asia Pacific Elderly Care market

Japan

India

China

Australia

Rest of the World Elderly Care market

Company Profiles

Benesse Holdings Inc.

Amedisys, Inc.

St Luke's Eldercare Ltd.

Brookdale Senior Living Inc.

Bayada home health Care

Econ Healthcare Group

Epoch Elder Care

Kindred Healthcare, Inc.

Nichii Gakkan Co. Ltd

ApnaCare Private Limited

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UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Elderly Care Service Market can be customized to the country level or any other market segment.

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Automotive Radar Market Worth US$ 11.9 Billion with Huge CAGR of 21.9% During 2019-2025

Short-range & medium-range radar (S&MRR) and long-range radars (LRR) are the key types of radar-based on their range of clear visibility. In 2018, S&MRR dominated the worldwide automotive radar market and is foreseen to create a market size of US$ 7,330.7 million by 2025. On the contrary, the LRR segment is expected to grow at the highest CAGR of 24.3% during the analyzed period. The major growth drivers for the global automotive radar market are changing vehicle safety regulation, increase in adoption of advanced driver assistance system (ADAS) technology and increasing the number of radar sensors used per vehicle. Stringent government regulations, mandating rear-view camera system and lane departure cautioning technologies in vehicles have also stimulated the growth of the technology in several countries. Additionally, the growing adoption of ADAS technology across mid-priced and premium segment vehicles has further energized the growth of the market at a worldwide scale. The global automotive radar market is expected to reach the market worth of US$ 11,968.53 million by 2025, increasing at a CAGR of 21.8% during the forecast period 2019-2025. 

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The growing governmental rules on vehicle security and mandating of certain ADAS features in vehicles are helping widespread adoption of radar across several application areas in a vehicle. Adaptive cruise control, autonomous emergency braking, intelligent parking systems, blind-spot detection, collision mitigation system and others are the major application area of radar technology analyzed in the study. Adaptive cruise control dominated the market with a market size of US$ 1,009.6 million in 2018 and is anticipated to maintain its dominance during the forecast period 2019-2025. On the contrary, the compulsion of autonomous emergency braking function in the vehicles in North America and Europe is anticipated to bolster the market for this technology. The autonomous emergency braking application area is expected to increase at the highest CAGR of 25.6% during the forecast period. 2X and 7X GHz are the two foremost frequency bands, which are widely used in the vehicles, as they play a crucial role in determining the effectiveness of the radars in advance safety systems. 2X GHz band dominated the market in 2018. However, by 2021 7X-GHz frequency band is expected to overtake the 2X GHz band, to become the biggest-selling frequency band radar system. The 7X-GHz radar sensor can accomplish multiple times better performance in range resolution, thus improving environmental modeling and object classification. Owing to this the overall adoption of 7X-GHz in the vehicle is expected to grow rapidly, making them the fastest-growing frequency band during the forecast period.

Additionally, radar is rapidly capturing every segment of vehicles manufactured, including passenger vehicles, luxury vehicles, and commercial vehicles. The mid-priced passenger vehicles are adopting some of the basic advanced safety features such as automated parking, adaptive cruise control system, and adaptive cruise control system, but the penetration rate is still quite low. India is also one of the largest passenger vehicle markets in the world both in luxury and passenger vehicle segments. This is mainly attributed to the rising level of urbanization and increasing demand from the growing middle class in developing economies, with consumers often purchasing their first personal passenger car. The rising awareness of customers for advance safety features across the passenger vehicle segment has forced the global car manufacturers to install this technology in their upcoming models. 

The passenger car segment dominated the global automotive radar market, followed by luxury and commercial vehicle segments. The luxury vehicle segment is expected to register the highest CAGR growth of 24.1% during the forecast period 2019-2025.

For analysis of the overall adoption of Radar technology in vehicles please visit: - Automotive Radar Market

Additionally, for better investigation and penetration of automotive radar market, the report splits the worldwide market into distinct region and countries including North America (the U.S., Canada, Mexico and Rest of North America), Europe (Russia, Germany, France, the U.K., Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific) , Middle East and North Africa( the UAE, Saudi Arabia, Kuwait,, Qatar, Algeria, Egypt and rest of Middle East and North Africa) and Latin America (Brazil, Argentina, Chile and Rest of Latin America). In 2018, North America was the largest market in value terms, attributable to the stringent safety guidelines in the region. Growing awareness of security features has also fueled the demand for radar technology in the region. The European region is estimated to be the largest market for automotive radar during the forecast period. Substantial building up in this market is mainly due to the adoption of advanced technologies and stringent vehicle security regulations.

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Some of the major companies profiled in the global Automotive radar study include Robert Bosch GmbH, HELLA KGaA, Continental AG, Denso Corporation, Aptiv PLC, Valeo S.A., Infineon Technologies AG, Texas Instruments Inc., Analog Devices Inc., and NXP Semiconductors N.V. These players consistently intend to focus on product development, new product launch and enhance their existing portfolios to expand their customer base and strengthen their market position.

Global Automotive Radar Market Segmentation

Market Insights, by Radar Range

Long Range RADAR (LRR)

Short & Mid-Range RADAR (SRR&MRR)

Market Insights, by Application

Adaptive Cruise Control (ACC)

Autonomous Emergency Braking (AEB)

Blind Spot Detection (BSD)

Collision Avoidance System (CAS)

Intelligent Parking Assistance (IPA)

Other

Market Insights, by Frequency Band

2X-GHz

7X-GHz

Market Insights, by Vehicle type

Passenger Vehicles

Luxury Vehicles

Commercial Vehicle

Market Insights, by Geography

North America Automotive Radar Market

United States

Canada

Mexico

Rest of North America

Europe Automotive Radar Market

Germany

France

The U.K.

Russia

Italy

Spain

Rest of Europe

Asia-Pacific Automotive Radar Market

China

Japan

India

South Korea

Singapore

Australia 

Rest of APAC

MENA Automotive Radar Market

UAE 

KSA 

Algeria

Kuwait 

Egypt

Qatar

Rest of MENA

Latin America Automotive Radar Market

Brazil

Argentina

Chile

Rest of Latin America

Top Companies Profiles

Continental AG

Robert Bosch GmbH

Delphi Automotive PLC

Denso Corporation

Infineon Technologies AG

NXP Semiconductors N.V.

Valeo S.A.

Hella KGaA Hueck & Co.

Analog Devices Inc.

Texas Instruments Inc.

The Global Automotive Radar Market can be customized to the country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

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Enhanced Water Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025

The Global Enhanced Water Market was valued at US$ 6.80 billion in 2018 and is anticipated to reach US$ 13.26 billion by 2025 displaying explosive CAGR of 10.04% over the forecast period (2019-2025). Enhanced water is primarily packaged water that is purified and is free from contamination. Available in plastic and glass water bottles, enhanced water is one of the convenient ways that can be used for drinking, household as well as commercial purposes. Enhanced water market has grown rapidly over the years and it has been estimated that approximately 600 million households consumed it in 2018. Moreover, despite ample initiatives undertaken to reduce plastic waste, oceans are swimming in plastic and enhanced or bottled water consumption is expected to stimulate to reach a volume of around 118 billion by 2022. Although bottled water was privileged to high class, foreign tourists and health-conscious people but the present decade have witnessed increasing popularity among average consumers. 

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Growth in the travel industry coupled with the ever-expanding foodservice sector has tremendously influenced the market growth. While increasing population, spur in disposable income, rapid urbanization along with the rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, and food poisoning constitute to be the augmenting factors driving the demand for the enhanced water market. Moreover, a shift in living standards and growing awareness among the sophisticated business houses as well as corporate houses has accelerated the preference of enhanced water in recent years.

Reasons to buy Enhanced Water:

* Concerns about the quality of tap water

* Healthier than carbonated soft drinks and other beverages that consumers were drinking before

* The availability of different flavors and types of flavored water

* Don’t like the taste of tap water due to chlorine and other content

To elaborate further, the US, China, Mexico, Germany and Italy presently hold the top five positions in the global enhanced water league table in terms of volume consumed. However, stringent environmental regulations imposed by the government on account of improper disposal of plastic bottles is expected to hamper the potential of enhanced water packaging market size over the forecast period (2019-2025).

“Amongst water type, nutrient enhanced water tends to conquer the market during the forecast period. Currently the segment account for 42.9% share”

Based on water type, the global enhanced water market is segmented into Nutrient Water, Electrolyte Water, Alkaline Water and Oxygenated Water. Nutrient Enhanced Water is expected to dominate the enhanced water market due to increasing awareness regarding the health benefits, extensive medical research and surging endorsements of athletes and celebrities.

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“Offline distribution channel was the most preferred channel among the end-users, with more than 81.9% share.”

Based on the distribution channel, the market is bifurcated into offline and online distribution channels. Offline channels are expected to be the most preferred purchase channel among the end-users. The surging number of organized retailers such as supermarkets, hypermarkets, convenience stores, and discount stores in different countries proving to be extremely beneficial for the vendors operating in the enhanced water market during the forecast period.

“Commercial End-users is expected to dominate the global enhanced water market during the analyzed period.”

Based on end-users, the market is fragmented into residential and commercial end-users. Commercial end-users hold the maximum market and is expected to keep their dominance throughout the forecast, owing to the increasing demand for packaged water among big business houses and corporate offices

“North America is the largest market for enhanced water and is expected to remain dominant during the forecast period 2019-2025”

For a better understanding of the overall adoption and penetration of the global enhanced water, a detailed analysis was conducted for different regions/country including North America, Europe, Asia Pacific and the Rest of the World. Among all these regions, North America constitutes to be the most matured enhanced water market. Europe and Asia-Pacific are expected to witness considerable growth over the analyzed period due to increasing per capita enhanced water consumption paired with surging urban population and increasing disposable income

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Competitive Landscape-Top 10 Market Players

Over the past few years, the dominant players in this industry adopted a number of competitive strategies such as merger and acquisition, partnership and business expansion among others to expand their reach and market share. Some of the major players operating in the market include Danone SA, The Coca Cola Company, Pepsi Co Inc, Nestle, Otsuka Pharmaceutical Co. Ltd, FIJI Water Company LLC, Voss Water, National Beverage Corp., Spadel, and Bisleri International Pvt. Ltd.

The Global Enhanced Water Market can be customized to the country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

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Global Subscription Ecommerce Market Expected to Grow at a CAGR of 68.0% during the Forecast Period 2019-2025

A subscription box is an assortment of niche goods that are shipped to subscribers on a recurring basis. Users get convenience and an increasingly huge ambit of product choices. For a one-time entry of their credit card information, users are regularly greeted with their favorite goods and services in the comfort of their homes. With subscription boxes being available at reasonable prices and convenience has started to gain traction. Global Subscription Ecommerce Market is poised to reach the market valuation of US$ 487.21 billion by 2025 expanding at an exponential CAGR of 68.0% in the course of the forecasted period (2019-2025) from US$ 13.23 billion in 2018. Although technology has evolved over the years, people have taken more time to accept it and adopt it in their daily lives. Lack of awareness among the shoppers to some extent also acts as a hindrance to market growth. Online shopping displaying a dramatic growth attributed to round the clock facilities, reduced dependency on store visits, saved commuting costs among others. It has been estimated that more than 85% of the world online population have ordered the products via online shopping portals.

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With the growing and regular need for various products and services, subscription e-commerce business models have provided a sensible alternative to huge online shopper bases so that they can buy the much-needed products on a recurring basis rather than every single time. Subscriptions are mainly offered weekly, monthly, annually as per consumer preference. It has been observed that regular customers are paid more attention leading to customer retention in contrast to customer acquisition. Companies offering subscription-based services aim to convert one-time customer to long term customers by giving them continuous access to service that they always need. To add on, growing investments undertaken by numerous start-ups, increasing the young and working population, the proliferation of smartphones and internet services, accelerating disposable income and urbanization has impelled the market growth prospects. For instance, venture capitalists have raised around US$ 3 million in the last 5 years. However, lack of awareness among the developing nations, high churn rates, and unclear disclosure of billing practices, issues with return and refund policies constitute some of hindering parameters that restrain the growth prospects of subscription e-commerce market on a global scale.

Based on various applications of the subscription e-commerce market, beauty, and personal care are expected to showcase the swiftest expansion attributed to changing consumer behavior along with the growing beauty needs of the working women population. Upcoming of Glamego and Fab bag start-ups in the beauty and cosmetics domain and Nykka experimenting with different subscription models have considerably intensified the competitiveness across the respective domain. The application is projected to register an exorbitant CAGR of 68.0% over the 2019-2025 period. In addition to this, under different end users of the subscription e-commerce market, women subscribers captured the lead share in 2018.  Reduction in regular trips resulting in time efficiency paired with cost efficiency has considerably propelled the demand for subscription-based services among the womenfolk across the world. The segment is anticipated to fetch revenue sales of US$ 246.61 billion by 2025. Furthermore, online payments held the major market share attributed to the growing scope of payment wallets, digitization and cashless economy among different payment modes of subscription e-commerce market; online payment and offline payment mode. Online payment mode segment is projected to register skyrocketing CAGR of 68.1% over the forecast period.

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Additionally, for better investigation and penetration of the global subscription e-commerce market, the report bifurcates the respective market into different regions such as North America (US), Europe (United Kingdom, France, Nordics), Asia Pacific (India, China, Japan) and the rest of the world. In 2018, North America held the lead share in the subscription e-commerce market.  The region has become of the lucrative and the largest region in terms of the adoption of subscription e-commerce services.  Modern lifestyles in the developed region have attracted its citizens to opt for a number of subscription boxes of different kinds from popular categories ranging from food, beauty, fashion, grooming and pet products. In addition to this, with the key companies based in North America and increasing internet and smartphone penetration, North America's subscription e-commerce market has flourished tremendously over the years. Moreover, Europe and the Asia Pacific, are also poised to display drastic growth in subscription e-commerce the market throughout the forecast time accredited to surging demand for subscription-based services, increasing disposable income coupled with spur in urbanization rate. Surging demand is expected to witness the beauty and personal care, healthcare to entertainment and food and beverage.

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Key companies profiled in Global Subscription Ecommerce Market constitutes Dollar Shave Club, Inc., Blue Apron Holdings Inc., Hello Fresh, Edgewell Personal Care (Harry’s), Personalized Beauty Discovery, Inc (Ipsy), PetSmart Inc, Netflix, Flintobox, Nature Delivered Ltd, The Walt Disney Company Ltd.  Continuous focus on various product launches, mergers and acquisitions, and business expansions have significantly enhanced the penetration of subscription e-commerce across the globe among the young as well as the working population. The endeavors of the prominent players have tremendously strengthened their market position thereby offering massive opportunities for geographic expansion in subscription e-commerce landscape. 

Global Subscription E-commerce Market

Market Segmentation

Market Insight, by Application

Beauty and Personal Care

Food and Beverage

Clothing and Fashion

Entertainment

Health and Fitness

Market Insights, by End Users

Women

Men

Kids

Market Insights, by Payment Mode

Online

Offline

Market Insight, by Region

North America Subscription Ecommerce Market

US Subscription Ecommerce Market

Rest of NA Subscription Ecommerce Market

Europe Subscription Ecommerce Market

UK Subscription Ecommerce Market

France Subscription Ecommerce Market

Nordics Subscription Ecommerce Market

Asia Pacific Subscription Ecommerce Market

China Subscription Ecommerce Market

India Subscription Ecommerce Market

Japan Subscription Ecommerce Market

Rest of Asia Pacific Subscription Ecommerce Market

Rest of World Subscription Ecommerce Market

Top Company Profiles

Dollar Shave Club, Inc.

Blue Apron Holdings Inc.

Hello Fresh

Edgewell Personal Care (Harry’s)

Personalized Beauty Discovery, Inc (Ipsy)

PetSmart Inc

Netflix

Flintobox

Nature Delivered ltd

The Walt Disney Company Ltd.

UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The global subscription e-commerce market can be customized to the regional/country level or any other market segment.

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