On a global scale, the luxury car rental market is expected to witness significant growth due to the increasing tourism industry and demand for high-end vehicles. According to Technavio’s Global Car Rental Market report (2016-2020), the luxury car rental market was valued at $9.92 billion in 2015 and is predicted to double and reach $19.66…
InsurTech was brought about by the innovations in technology, such as gadgets, Internet speed and software. Gadgets that work in insurtech include GPS trackers, trackers worn on our wrist or other wearables, cell phones and tablets. In most cases, fusions of several technologies are involved. Indeed, an Internet of Things. It has been estimated that…
Whether you’re buying a vibrator for therapy or pleasure, you’re contributing to a multi-billion dollar business. The American sexual wellness market hit $6.13 billion in 2015, according to Technavio, and is set to reach $9.75 billion by 2020. Sex toys made up nearly half of the market in 2015, at $2.77 billion. These days, there’s…
Estimates of the global eLearning market indicate that it will exceed $200 billion by the year 2023. Docebo’s report eLearning Market Trends and Forecasts 2017-2021 is a comprehensive look at the education technology (EdTech) industry. One key number is $31 billion, which according to Technavio, is the size of the corporate eLearning market in 2020,…
The combination of anti-virus modules and next-gen firewalls into a single scalable platform, known as Helix, will help FireEye tap a wide variety of customers ranging from small start-ups to bigger corporate entities. This opens up a big opportunity in the security-as-a-service space that’s expected to grow at an annual pace of 19% until 2020,…
Algorithm trading (also called as Black Box Trading) is very advanced & sophisticated trading mechanism which uses complex mathematical formulas & models to make quick decisions & transactions in financial markets. According to Technavio, market research Company, algorithm trading is expected to grow at a CAGR of 10.3% globally by 2020. Traditional broking firms and…
Self-drive rental cars are 30 percent-40 percent cheaper than chauffeur-driven cars since the additional cost of maintaining a driver is eliminated, according to a report of Technavio, a leading global technology research and advisory company. The report also suggests that adventure and wildlife tourism contribute significantly to the demand for self-drive rental cars in India.Self-driving…
Investors, both philanthropic and otherwise, are excited. Edtech is one of the priorities of the investment fund set up by Mark Zuckerberg and his wife, the Chan Zuckerberg Initiative (CZI). He wants most American schools to adopt the new sorts of education it promises within a decade—and then help spread it worldwide. The combined value…
The market and future plans According to Technavio, the market research and analysis firm, the commercial vehicle telematics market in India is poised to see a compound annual growth rate of 16 per cent by 2020. Currently, there are several players in the market: CaRPM, a telematics solution provider that looks at monitoring vehicle mileage;…
One of the world’s largest medical technology, services and solutions companies, Medtronic plc MDT is making efforts to expand its Pelvic Health & Gastric Therapies business, part of the company’s core Restorative Therapies Group. The company has announced that its InterStim system provides sustained long-term efficacy and improved quality of life for overactive bladder (OAB)…
