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The growing global care-dependent population, which includes children, the elderly, the sick, and the disabled, will create a rapidly burgeoning market for care economy-related services. Frost & Sullivan estimates that the global care-dependent population will reach between 3.2 billion and 4.6 billion persons by 2035, representing a sizeable share ...

Trend Opportunity Profiles Series covers specific opportunities emerging from future trend evolutions designed to help clients discover and prioritize the most consequential medium-to-long-term trends that are continually transforming their business’ growth environment. These trend opportunity profiles cover 11 key industries: Aerospace and defense...

16 Apr 2018  |  Global  |  Megatrends

The Future of Last-mile Delivery Bots

The Global Delivery Bot Market is likely to Reach $16.79 Billion by 2030

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The logistics market is currently undergoing a major transformation with new innovative solutions determining the way goods are being delivered from point A to point B. The market is witnessing influx of new breed of tech-savvy startups that are coming up with unique business models and services that are largely disrupting the supply chain ecosyste...

The insurtech pricing automation industry emerged from the convergence between technology and insurance, and it holds the potential to completely transform the way insurers operate and customers experience their services. This sector is rapidly changing with the adoption of advanced technologies such as artificial intelligence (AI), machine learnin...

APAC accounted for around 50% of the global PreCast market followed by Europe , North America and Rest of the world. The Kingdoms major cities are building in huge towers, malls, hotels , office building and halls based out of precast concrete and its products. To boost the real estate and to propel the precast market the KSA government has late...

Indonesia is the most populous nation in Southeast Asia with an estimated population of 262 million in 2017. The Indonesian economy, measured in terms of GDP, is the largest in SEA as of 2017. Indonesia’s GDP annual growth stood at 8.4% for 2017 growing from $932.45 billion in 2016 to $1,010.94 billion in 2017. Indonesia’s GDP per capita at current...

Software-defined wide area network (SD-WAN) is a software approach to manage and control underlying enterprise network technologies that can include direct internet, wireless, broadband, Ethernet, and multiprotocol label switching; to realize the benefits of SD-WAN, a mix of underlay technologies is necessary. SD-WAN is now often sold as part o...

Owing to India’s gradual shift from a services-based to an industry-driven economy major manufacturing sectors such as steel are expected to grow at a healthy rate of 7% during 2016-20 to reach 200 Mn MT by 2020, mainly driven by automotive and auto component industries. Due to increased domestic competition and imports for conventional steel grade...

The Indian tourism market is fast-growing with immense potential due to the country’s rich cultural and geographical diversity. It is one of the major sectors contributing to GDP of the country and is driven by steady economic growth. Tourism’s direct contribution to GDP is expected to grow from $98 billion in 2018 to $106.9 billion in 2019. The Tr...