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Showing posts from November, 2019

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 M arket is expected to achieve the market valuation of US$ 143.8 billion by ...

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 o...

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...

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 scal...

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

The Global Enhanced Water Market was valued at US$ 6.80  b illion 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 ...

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 dependenc...