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The cloud represents the most critical aspect of digital transformation, according to respondents to the 2021 Frost & Sullivan Global Cloud User survey. As such, companies continue to build out their hybrid, multicloud environments to support strategic business goals, such as agility and improved customer experience. In the tenth annual survey of...

Trace minerals are mostly supplemented in inorganic forms due to their availability and lower cost. However, more growth potential is seen with organic trace minerals due to their perceived benefits. Advantages associated with the use of organic trace minerals, such as increased utilisation by animals, are expected to drive demand. However, partici...

Generation Z currently makes up 24% of the global population and are set to have significant spending power. This "digitally native" population cohort, born between 1993 and 2007, will be an important customer base in the future. This age cohort is expected to be the most ethnically diverse and tolerant generation yet. It is also a socially and env...

The growing demand for food and beverage (F&B) products with extended shelf life and increasing preference for convenience F&B will drive the food preservative market. The bakery, meat, and meat products industries exhibit strong demand for preservatives due to their high susceptibility to contamination from microorganisms. Clean label trends acros...

Vehicle manufacturers are looking at lighting solutions to create an identity for their brands. The LED lighting technology brings more flexibility to design front and rear lighting systems. Demand for these systems is increasing because of the LED solution and the growing awareness among consumers regarding the importance of adaptive lighting solu...

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...

This study forecasts the future of the electric motor industry as it embraces new business models and innovations brought in by the Industrial Internet of Things (IIoT) and digital transformation across the value chain. Shifting customer preferences and socioeconomic volatility, the impact of the global pandemic on the supply chain, and political t...

According to the United States Environment Protection Agency, ~26% of global green house gas emissions are from the transportation sector, which includes emissions from cars, trucks, ships, trains, and airplanes. Apparently, passengers cars and light-duty trucks or light commercial vehicles (LCVs) are the largest source of transportation-related e...