GlobalData Plc

Augmented Reality in Insurance Witnesses Emergence of Key Vendors Including AiBorne Tech, Blippar, and SightCall – GlobalData Plc

LogoThe latest publication titled Augmented Reality (AR) in Insurance – Thematic Research has been added to GlobalData Plc report catalog. The report predicts that augmented reality in insurance will garner a CAGR of 36% during 2020-2030. AR will enable risk visualization and onsite safety. AR glasses can improve onsite safety for inspectors and specialists by allowing them to record information hands-free, overlay notes on their field of vision, and easily communicate with other team members.

Virtual Care and Telemedicine in Healthcare Likely to Catapult Into Mainstream Due to COVID-19 – GlobalData Plc

LogoThe intersection between digital technologies and healthcare delivery systems is often termed Virtual care. Virtual care encourages patients to seek continual care without having to incur the consequences of unnecessary travel, limited access to care services, or lost work days. Virtual care offerings allow healthcare systems to greatly expand their patient population reach. This is especially important when dealing with populations living in remote rural regions.

Drones for Maritime Operation Study Projects a CAGR of over 7% During 2021-2031 – GlobalData Plc

LogoThe latest publication by GlobalData Plc titled Drones (Unmanned Aircraft Vehicles) for Maritime Operation – Thematic Research predicts the military UAV market is anticipated to grow at a CAGR of over 7% during 2021-2031. The military UAV market size was valued at USD 8 billion in 2021. The demand for UAVs is expected to be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world. Countries across the globe are therefore investing in the procurement, research, and development of UAVs.

Internet of Things (IoT) Market in Foodservice Sector Will Garner a CAGR of over 6% During 2021-2025 – GlobalData Plc

LogoThe latest publication from GlobalData Plc titled Internet of Things (IoT) in Foodservice – Thematic Research predicts the IoT market size in 2020 valued at USD 2.3 billion in 2020. As per the report, IoT is anticipated to deliver promising returns in the foodservice industry. The ability of IoT to collect data will be one of the most prominent reasons for companies to adopt it. Foodservice companies will be able to churn the effectively collected data to enhance operation efficiency, minimize costs, improve decision-making, and offer a better customer experience.

Augmented Reality (AR) in Foodservice Sector to Be Driven by McDonald's, Sodexo, and Starbucks – GlobalData Plc

LogoThe latest market publication titled Augmented Reality (AR) in Foodservice – Thematic Research has been added to GlobalData Plc report store. The report identifies the foodservice sector deploying AR as a utility and entertainment tool to be one of the most crucial factors driving the market. AR technology will be most valuable to foodservice companies in its capacity to drive consumer purchases and improve operational efficiency.

Electric Vehicles in Defense Sector to Witness Emergence of Dominant Players Including General Motors, Hyundai, and Nissan – GlobalData Plc

LogoThe latest thematic research study by GlobalData Plc titled Electric Vehicles in Defense predicts the momentum toward EVs has now been established. By 2025, global electric vehicle production will rise four-fold to more than 10.6 million units, accounting for 10.7% by volume, as per GlobalData Plc analysts. In addition, in terms of regional outlook, China has aggressively built out its EV production capacity, with all the major Chinese automakers now offering multiple electrified models. As a result, China's share of all EVs on the road has risen in 2020 to 48% –this is more than the combined US and Europe figure and is driven by popular, affordable models such as the Wuling Hongguang Mini EV.

Internet of Military Things (IoMT) Expected to Revolutionize Joint Warfare – Predicts GlobalData Plc

LogoThe latest market publication titled Internet of Military Things – Thematic Research Study predicts there is a trend toward joint warfare prioritizing the integration of various service branches of a state's armed forces into one unified command. Such joint warfare combines arms on large scales, including army, navy, air, and special forces working together in joint operations. Here IoMT presents both challenges and opportunities. While IoMT applications offer long-term savings, militaries are often unwilling to invest because of the large upfront investments and budget constraints. Militaries should view IoMT as a force multiplier. IoMT facilitates the collection and analysis of increasingly complex data at speeds faster than achievable by humans. When coupled with increased automation, this can reduce human error, deliver more precise and efficient military capabilities, and reduce personnel costs.

Soldier Modernization Market Likely to Be Driven by the Digitalization of the Modern Battlefield – GlobalData Plc

LogoThe latest market publication titled Soldier Modernization – Thematic Research report provides an overview of the soldier modernization market, outlines advances in technology and key programs, and provides insight into current procurement and research trends. Soldier modernization has a significant impact on the defense industry due to the wide range of different technologies and capabilities being developed for the purpose of enhancing soldier systems. Increased digitization of the battlefield in the context of multi-domain operations has introduced numerous strategic benefits and burdens for modern infantry, thus entailing a comprehensive equipment overhaul for militaries worldwide.

Buy Now Pay Later (BNPL) Market to Garner CAGR of 33.3% by 2026, Predicts GlobalData Plc

LogoThe latest publication titled Buy Now Pay Later (BNPL) Market 2021-2026 has been added to GlobalData Plc report store. The analysts at GlobalData predict the market to grow at a rapid CAGR of 33.3% from USD 141.6 billion in 2021. This considerable BNPL market growth can be mainly attributed to the rising popularity of online payments. The digital payments and several methods of money transfer that mushroomed online post the pandemic have made BNPL a popular choice among the GenZ and Millennials.

Business to Consumer (B2C) eCommerce Market to Garner a CAGR of 9.7% by 2026, Predicts GlobalData Plc

LogoThe latest publication titled Business to Consumer (B2C) eCommerce Market 2021-2026 has been added to GlobalData Plc report store. The B2C e-commerce market growth is mainly driven by the spread of the internet, with the number of users worldwide increasing from 847 million in 2010 to 4.9 billion in 2021 and high smartphone penetration. Additionally, lockdowns and social distancing accelerated the adoption of e-commerce, with consumers getting accustomed to online shopping during the pandemic.