The global ride sharing market size is projected to reach USD 11.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 7.5% during the forecast period. Increasing awareness in regular commuters regarding environmental deterioration due to vehicle emission is expected to drive the growth.
The unprecedented expansions of cities and towns and the inherent traffic congestion issues are anticipated to play a crucial role in driving the market for ride sharing in the forthcoming years. Growth in international trade and globalization has facilitated development of many major and minor economies all over the world. This economical and industrial growth has directly impacted the demographics and helped rapid urbanization in many countries.
The B2C business type ride sharing segment is estimated to lead the ride sharing market in 2017 and is expected to continue its dominance through the forecast period. This expanison is attributed to the introduction of ride sharing module in the existing platforms provided by established ride hailing players. The peer-to-peer ride sharing segment is expected to register the highest CAGR over the forecast period, attributed to rising awareness among commuters and also to introduction of newer user-friendly platforms.
The corporate type of commute is estimated to lead the ride sharing market with a slight edge, however the short distance commutes segment is expected to take the lead in the market over the forecast period. The long distance commute type is also projected to register healthy growth amid growing trend of sharing personal vehicles through ride sharing platforms in North America and Europe.
North America led with a market share of around 45.0% in 2017. The region is home to the two major players - Uber and Lyft - competiting to gain more customer base. Asia Pacific followed North America to take the second spot in terms of market share. However, the region is expected to overtake North America over the forecast period. Didi Chuxing and OLA are the two major players in the Asian market.
Ride Sharing Market Share Insights
Key players include Uber, Didi Chuxing, and GRAB. This is mainly on account of diversified customer base and enhanced regional reach through various acquisitions and mergers along with other business agreements. Other prominent platform providers include OLA, Gett, and Lyft among others.
For Ride Sharing Industry Furture Opportunities Visit www.grandviewresearch.com
The global pet insurance market size is projected to reach USD 11.25 billion by 2026.
The increasing pet adoption in leading countries across the world will have a direct impact on the growth of the market.
According to a report published by Fortune Business Insights, titled “Pet Insurance Market Size, Share & Industry Analysis, By Policy Coverage Type (Accident & Illness, Accident Only, Others), By Animal Type (Dog, Cat, Others), By Provider (Public, Private) and Regional Forecast, 2019-2026,” the market was worth USD 6.05 billion in 2018.
Driven by flexibility in product offerings, the market will exhibit a CAGR of 8.0% during the forecast period, 2019-2026.For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/pet-insurance-market-101956The pet insurance market will benefit from the increasing pet adoption in leading countries across the world.
Pet insurance refers to a policy that covers medical as well as accidental factors that is associated with the pets.
The emphasis on the well-being and health of pets, by private as well as government organizations will create several growth opportunities.The presence of several private organizations offering premium insurance policies will have a positive impact on the growth of the market in the forthcoming years.
The aramid fiber market size is projected to reach USD 7,243.3 million by the end of 2027.
The presence of several large-scale companies will contribute to the growth of the market in the coming years.
According to a report published by Fortune Business Insights, titled “Aramid Fiber Market Size, Share & Industry Analysis, By Product Type (Para, Meta and Others), By Application (Security & Protection, Frictional Materials, Rubber & Tire Reinforcement, Optical Fiber, Electrical Insulation, Aerospace and Others), and Regional Forecast, 2020-2027” the market was worth USD 4,522.6 million and will exhibit a CAGR of 6.5% during the forecast period, 2020-2027.
Aramid fibers are widely used across diverse industry applications, mainly due to their exceptional physical properties.
The product is characterized by mechanical strength and excellent resistance to external factors including pressure and humidity.
As this is a manmade fiber, availability is not an issue.
Increasing investment on different fish species such as horse mackerel, anchovy, capelin, and sand eel is expected to boost the sales.
The product development is depending on the availability of a wide variety of fish species such as sardine, menhaden, capelin, anchovy and white fish such ascod and haddock.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-fish-powder-market/request-sample The key driving factors responsible for the growth of Fish Powder market : Increasing awareness among consumers related to proteins and minerals contain in fish powder is expected to drive the market demand during the forecast period.
Therefore, it is added in ready to eat meals to enhance the protein content of the food by 30%.
Rise in the demand of frozen food coupled with advanced technology such as spiral freezer and horizontal wrapper packaging are expected to witness positive impact on market.
By-product, the segment is expected to grow at the highest CAGR of 7.8% during the forecast period.
Sensor Data Analytics Market, By Components (Hardware, Software), By Services (Managed, Professional), By Applications (Manufacturing, Healthcare, Automotive, BFSI, Telecommunication) - Forecast 2016-2022Sensor Data Analytics MarketThe global Sensor Data Analytics market is growing with the rapid pace is mainly due increasing adoption of Big Data analytics, which is propelling the Sensor Data Analytics market growth to the large extent.
According to a recent study report published by the Market Research Future, The global market of sensor data analytics is booming and expected to gain prominence over the forecast period.
The increasing demand of visualize real-time sensor data, are propelling the sensor data analytics market growth in the forthcoming years.
The failure in machine in manufacturing which are hampering the growth of sensor data analytics market.Access Complete Report @ Sensor Data Analytics Market Research Report-Global Forecast 2022Sensor Data Analytics Market, By Components (Hardware, Software), By Services (Managed,…Read on marketresearchfuture.comIndustry NewsSeptember 27, 2017 - Cloudera, Inc., a platform for machine learning and analytics optimized for the cloud, has introduced Altus data engineering for Microsoft azure beta enabling new hybrid and multi-cloud data analytic workflows.
This will help the data engineers use on-demand cloud infrastructure.July 11, 2017 - SAP SE has launched its new internet of things solution.
This includes IoT solutions that can take an advantage of advances in Big Data and analytics.
The Anesthesia Monitoring Devices Market is estimated to reach USD 2.55 Billion by 2026, according to a new report by Reports and Data.
This can be mainly associated with the growing population along with the increasing number of surgeries that are expected to become the most common growth factors globally in the coming years.Due to the availability of well-developed primary, secondary, and tertiary care hospitals, the North America region accounts for the largest share of 22.30% of the market in 2018.
Other significant factors include beneficial government investments, well-developed compensation network, and rising health awareness which have promoted the usage of advanced techniques including the anesthesia monitoring further.Some of the market players studied in this report are: Masimo, KGAA, Covidien PLC, GE Healthcare, Fukuda Denshi, Infinium Medical, Nihon Kohden Corporation, Mindray Medical International Limited, Philips Healthcare, Drgerwerk AG & Co. , Schiller AGFor the purpose of this study, Reports and Data have segmented the market on the basis of Product Type, Type, End Users, Process, and region:By Device type Outlook (Revenue, USD Million; 2016-2026)Advanced Anesthesia MonitorsBasic Anesthesia MonitorsIntegrated WorkstationsBy Display type Outlook (Revenue, USD Million; 2016-2026)LED-backlit LCD DisplayCCFL-backlit LCD DisplayOLED DisplayApplication Outlook (Revenue, USD Million; 2016-2026)HospitalsCancer centersMultispecialty clinicsAmbulatory surgery centersOthers Market Segment by Regions, regional analysis covers:North America (United States, Canada, and Mexico)Europe (Germany, France, UK, Russia, and Italy)Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)South America (Brazil, Argentina, and Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)Access Report Details @ https://www.reportsanddata.com/report-detail/anesthesia-monitoring-devices-marketFurther key findings from the report suggest:The global Anesthesia Monitoring Devices Market is growing at a rapid speed due to the rising demand for painless surgery and also the growing number of aged patients worldwide.Monitoring is an indispensable element of anesthesia care.
As anesthesia and surgery can cause quick changes in vital functions, it is necessary for the anesthesia clinicians to observe patient's physiologic variables and anesthesia devices during all types of anesthesia.Anesthesia monitoring devices are mainly used at the time of surgeries to observe essential signs such as oxygen level, ventilation, circulation, and temperature of a patient under sedation.Advanced Anesthesia Monitors of the device type segment is expected to grow at a CAGR of 10% during the forecast period.These advanced monitors have unique features like open architecture, auto self-check, and also include extensible monitoring which is the continuous analysis of exhaled CO2, anesthetic-gas control, oxygen level, pulmonary functions, and several ventilation factors as well.The presence of unique diagnostic and therapeutic medical technologies that enable quick and accurate diagnosis is a primary factor for the growth of this segment.The ambulatory surgery centers in the end-user segment are expected to grow at the highest rate of 10.1% during the forecast period…ContinuedFill in your details to get your hands on an Exclusive Sample of this Report @ https://www.reportsanddata.com/sample-enquiry-form/1367Thank you for reading this article.
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