Search results for: 'service revenue model'
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- revenue is projected to decline by 5.0% in 2023, attributed to the reduced demand for COVID-19-related test
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07 Mar 2023  |    |  Megatrends
Growth Opportunities Driven by Flexible Manufacturing
Innovative Business Models are Leading to Enhanced Customer Experiences and High Competitive Intensity
The manufacturing sector is highly vulnerable to unpredictable market dynamics. Sudden changes in demand lead to major supply chain disruptions, resource shortages, increased turnaround time, and, most importantly, losses incurred while incorporating these changes in production processes. A comprehensive and adaptable system that meets business nee...
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02 Mar 2022  |  Global  |  Megatrends
Growth Opportunities for Global B2B Influencer Marketing
Innovative Business Models Will Emerge as Digitally Native Gen Z and Millennials Dominate the Consumer Population
Business-to-business (B2B) influencer marketing has the potential to generate $11.7 billion in revenue by the end of 2022, with more than 38% of B2B companies currently exploring influencer marketing as a new lead-generation avenue. Influencer marketing is set to become a mainstream approach for B2B companies that are looking to tap into the power ...
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24 Aug 2023  |  South Asia, Middle East & North Africa  |  Market Research
India Used Cars Growth Opportunities
Online Business Models are an Important Growth Driver
The availability of digital pricing engines, the growth of online platforms, and the shift to organized platforms play a key role in market growth. Several companies, including Cars24, CarWale, CarDekho, Maruti Suzuki True Value, and Mahindra First Choice, offer various value-added services, such as vehicle inspection, free servicing, and easy fina...
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08 May 2019  |  Global  |  Technology Research
Digital Twin: Application Landscape and Opportunity Assessment
An overview on how Digital Twin is driving the future of industrial services
Digital twin is a virtual replica of an actual product, facility, asset, equipment, or plant, which are either hosted on premises or in the cloud. Companies are using digital twins to better understand the real world scenarios remotely, aiming to provide real-time assistance instead of reactive-based assistance. Digital twin technology is mostly u...
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12 Apr 2022  |  Global  |  Megatrends
Global Cashless Society Growth Opportunities
Post-pandemic Transformative Payment Behavior is Leading to the Launch of Innovative Business Models
A cashless society or ecosystem can be defined as one where traditional paper or metal-based currencies are overpowered by digital or virtual payment solutions. The COVID-19 pandemic has affected our day-to-day lives as well as businesses, societies, and the overall global economy. To reverse the apprehensions instilled in people’s minds with regar...
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18 Jul 2017  |  Global  |  Market Research
Smart Cities in India—Business Opportunities in Indore City, 2017
Indore aims at improving urban services and ease of business through Smart city implementation
The Government of India (GoI) launched the 100 Smart City Mission in April 2015; the plan is to implement this through area-based approaches. Cities have been selected through a City Challenge Competition. Indore has been selected for Smart city development since the city is emerging as a Modern Commercial capital of Madhya Pradesh from being a reg...
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29 Jul 2022  |  Global  |  Economic and Databases
Global Halal Economy Growth Opportunities
Growing Demand for Halal Products and Services Drives Domestic Production and Export Growth Strategies
From a $1.90 trillion market in 2015, the global halal economy will expand to an approximate $4.60 trillion economy by 2030 under a baseline scenario, potentially reaching $4.96 trillion under an optimistic scenario. Aside from Organization of Islamic Cooperation (OIC) member countries, growth opportunities will increasingly emerge across non-OIC m...
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08 Jan 2021  |  Global  |  Market Research
Increased Investment by Cloud and Colocation Providers Drives the Global Data Center Market
5G, Edge Computing, and Expanding Connectivity Power Transformational Growth
The next decade will witness an explosion of data due to increased levels of technology deployment across the globe; this will drive the need for processing and storing data and require the construction of both large and small data centers. The advent of 4G and 5G networks and the deployment of Industry 4.0 technologies and Internet of Things (IoT)...
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18 Jun 2021  |  Global  |  Megatrends
Trend Opportunity Profiles—Data Marketplaces
B2B Portals Enabling Monetization of Enterprise Data
More than 2.5 quintillion bytes of data are generated every day, of which 90% was generated in the last two years. With this explosive amount of data generation, data marketplaces have immense potential to create new revenue streams by productizing data assets. Data marketplaces are displacing old data sharing models and significantly altering the...
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23 Nov 2023  |  Global  |  Market Research
Artificial Intelligence and Machine Learning Implementation Platform Growth Opportunities
Advancements in AI and Go-to-Market Strategies Position AI Platform Vendors as Key Players in the Technology s Adoption
Globally, businesses are reestablishing themselves in geopolitically unstable markets, with an emphasis on unlocking data's potential and leveraging artificial intelligence (AI) to support business outcomes. About 87% of enterprises believe AI and machine learning (ML) are important in achieving business goals to grow revenue, increase operational ...
$2,450.00