The global on-highway vehicle lighting market size was valued at USD 26.98 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030. The growing penetration of LED lighting in the automotive industry along with rising sales of commercia... Read More »
April 2022The global insurtech market size was estimated at USD 5.45 billion in 2022 and is projected to reach USD 152.43 billion by 2030, growing at a CAGR of 52.7% from 2023 to 2030. The increasing number of insurance claims worldwide is one of the major factors accentuating the market grow... Read More »
February 2022The global peer-to-peer electric vehicle charging market size was valued at USD 128,927.3 thousand in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 22.3% from 2023 to 2030. Factors such as the growing demand for electric vehicles worldwide and government ... Read More »
February 2022The global real-time payments market size was valued at USD 17.57 billion in 2022 and is projected to reach USD 198.08 billion by 2030, growing at a CAGR of 35.5% from 2023 to 2030. The global real-time payments transactions volume was valued at over USD 100 billion i... Read More »
January 2022The global bancassurance market is expected to witness significant growth over the forecast period. The widespread consolidation in the banking industry and the digital strategies being pursued aggressively by banks are primarily expected to drive the growth of the market. The increasing...Read More »
Specialty insurance is a type of insurance that offers coverage for unique or special items that are typically not covered under other insurance policies. Small & medium-sized enterprises often seek non-standard policy options to address their specializations in response to the shift...Read More »
The global takaful insurance market is expected to witness significant growth over the forecast period. The market growth can be attributed to the increasing awareness among the Muslim and Non-Muslim population of the benefits offered by takaful insurance, such as better safety and secur...Read More »
The global tail spend management solutions market is expected to witness significant growth over the forecast period. The demand for tail spend management is high among organizations as it helps them ensure that their purchases comply with contracts and policies. Tail spend management pr...Read More »
The global electronic bill presentment and payment market is expected to witness significant growth over the forecast period. The growth of the market can be attributed to the growing adoption of electronic bill (e-bill) payment solutions by organizations to efficiently help customers ma...Read More »
The global cryptocurrency mining hardware market is expected to witness significant growth over the forecast period. Advances in technology to make cryptocurrency mining more profitable by reducing power consumption while increasing the hash rates are expected to drive the growth of the ...Read More »
The APAC master data management market for financial services size was valued at USD 1.21 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.4% from 2021 to 2028. The increasing need for customer retention strategies and compliance are the major facto... Read More »
September 2021The outbreak of the COVID-19 pandemic has had a significant impact on the overall aviation industry. The civil aviation industry particularly confronted considerable revenue losses, with revenues plummeting over the year from USD 837.53 billion in 2019 to USD 459.64 billion in 2020 as tr... Read More »
July 2021The Italy dropshipping market size was valued at USD 1.53 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 18.1% from 2021 to 2028. Due to the COVID-19 outbreak, Italian customers turned to e-commerce in great numbers. The e-commerce penetration in the... Read More »
June 2021Electric Vehicles (EVs) have a lower operational cost than conventional vehicles; however, the cost of electric vehicles is higher. The higher acquisition cost of EVs is associated with the cost of batteries used in these vehicles. The cost of a battery of an EV constitutes around 30 &nd...Read More »
The engineering services outsourcing (ESO) market advanced unexpectedly in the recent two decades, from offering engineering services from its center of operations to introducing hubs of excellence at offshore locations. Globalization has compelled the multiple industries to reconsider i...Read More »
The global connected motorcycle market size was valued at USD 38.9 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 48.4% from 2020 to 2027. The automotive sector is witnessing technological advancements in design, electronics, and manufacturing processe... Read More »
September 2020The global automated sortation system market size was valued at USD 4.72 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027. Automated sortation systems are used to sort numerous products, including consumer goods, luggage, mail, and... Read More »
August 2020The global wide area network optimization market size is valued at USD 2.35 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 9.5% from 2020 to 2027. The growth is primarily driven by the rapidly increasing demand for solutions that help businesses to eff... Read More »
August 2020The global workload scheduling and automation market size was valued at USD 2.22 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2020 to 2027. The growth can be attributed to the continued digitalization, growing preference for virtual and clo... Read More »
August 2020The global autonomous cranes market is expected to witness growth from 2020 to 2027 owing to the digital transformation and technological advancements. Autonomous systems are gaining momentum across several end-use industries such as construction, electric power industry, agriculture, ma...Read More »