E-commerce Logistics Market – Innovative Methods of Delivery to Drive Growth of Global Market

The global market for e-commerce logistics acted as a playground for DHL International GmbH and FedEx Corporation in 2015, who jointly accounted for over 50% of the overall business across the globe. The other two prominent players in the global e-commerce logistics marketare United Parcel Service Inc. and XPO Logistics although their presence is not as far reaching as the first two mammoth companies. However, the companies operating in the global market are already upping their game with an expectation of explosive development of the e-commerce segment in China and India. The market space for e-commerce logistics is thus deemed to be extremely lucrative presently and is expected to help the growth of numerous new companies. While the big corporates are heavily investing last mile connectivity and drones to keep themselves ahead of their rivals, the smaller players are concentrating on different value added services such as innovative tracking of parcel and route optimization. These new trends are expected make the global e-commerce logistics market an attractive business space fuelled with innovation.

The global e-commerce market is expected to cross the market valuation worth US$781 bn over the course of the given forecast period of 2016 to 2024. This huge growth is expected to be achieved with the help of a sturdy CAGR of 20.6% over the same period of forecast. In terms of types of service, the transportation segment has been dominating the overall market since 2015 and is expected to continue to do so. From a geographical standpoint, North America led the global e-commerce logistics market in 2015 with valuation of US$48.32 bn and is expected to continue its domination owing to impressive digital infrastructure and strong B2C sales. Asia Pacific market is projected to show most promising growth over the given forecast period with a strong CAGR of 22.4%.

The rise of the modern day B2C e-commerce business model has enforces the players in the market to alter and re-alter their business models many times in the last few years. New and innovative technologies are considered to be one the key driving factors for the overall growth of the global e-commerce logistics market. Drone delivery is expected to attract maximum attention over the course of the forecast period. In addition to this, e-commerce startups in countries such as Brazil, India, and Mexico have blossomed over the last few years. This is also expected to drive the overall growth of the global market.

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In a market space that is as intensely competitive as the global e-commerce logistics, the players are force to provide various value added services such as free delivery of products and reverse logistics. Even though majority of the players in the global e-commerce logistics market have put up a minimum amount for purchasing products before availing the option of free delivery, there are several loopholes in the arrangement. One of the most common trick used by customer while shopping online is ordering products up to the minimum amount mark and then returning the unwanted products after delivery. This puts pressure on the chain of reverse logistics and hikes up the expenses incurred by the companies in the e-commerce logistics market.

Moreover, in emerging countries, there are numerous infrastructural challenges which restrict the service of last-mile connectivity offered by the players in the market. All these factors are thus expected to slow down the overall growth of the global e-commerce logistics market over the coming years of forecast.

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Intelligent Transportation Systems (ITS) Market: Desperate Need to Reduce Traffic Congestion Creates Powerful Business Prospects

The global intelligent transportation systems (ITS) market has been anticipated in a report by Transparency Market Research (TMR) to be designated as a fairly fragmented type with no industry player clearly exhibiting dominance. There could be a number of regional and international companies operating in the market. Some of the prominent names in the industry are Hitachi, TomTom N.V., and Garmin International. Players have been taking to the adoption of launching novel products in the market and substantially investing in research and development to cement their position in the industry. Such business strategies have been proving to be extremely fruitful for some of the leading market players.

Predicted by TMR to expand at a CAGR of 12.7% between 2016 and 2024, the global ITS market could be worth a US$57.44 bn by the end of the forecast period. In 2015, the market attained a valuation of US$20.22 bn. On the basis of type, advanced transportation management systems (ATMS) could secure a rewarding share in the market while growing at a 12.9% CAGR. By region, North America has been expected to be placed in the driver’s seat as it had bagged a 41.2% share in 2015.

Traffic congestion is observed as a major problem in countries where the transportation system is weak. This could lead to the rise of related issues such as increase in overall transportation cost, travel time, and fuel consumption. A nation’s social and economic development is highly dependent on the formation of a good transportation system. Vendors offering ITS have been forecast to tap into opportunities created through various transportation problems faced around the world. Solutions provided using ITS have been recognized as few of the most vital ones to mitigate transportation problems.

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Several ITS associations around the globe have found out that high-tech traffic management systems could reduce travel time by a 25.0% on an average and waiting time at a traffic signal by close to a 20.0% to 30.0%. This has been foreseen to tellingly up the demand in the world ITS market for the coming years. Furthermore, the swelling significance of making constant improvements in road safety could offer ample of opportunities in the market.

Despite the impressive growth of the international ITS market, there could be some factors slowing down the overall demand. The sluggish economic growth in some countries has been foretold to shrink the adoption of ITS, which could be detrimental for the growth of the market. Besides this, there could be a delay in the market reaching to its full potential due to poor interoperability between ITS and local infrastructures.

However, the growing need for improved road safety could work in the favor of the international ITS market. As surveyed, nearly 2.0% of all casualties witnessed worldwide are a result of road accidents. Important collaborations with government entities have been expected to open up new avenues in the market. For instance, Siemens has entered into a collaboration with the German government for the completion of the Digital Autobahn Test Field project. A prominent aspect of this project is to construct Germany’s first intelligent bridge.

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Lingerie Market: Female Participation in Sporting Activities on the Rise

The top players in the global lingerie market for 2015, according to a research report published by Transparency Market Research, were LVMH, L Brands Inc., Hanes International, Jockey International Inc., and PVH Corporation. Powerhouse brands that sell exclusive lingerie products such as PINK by L Brands Inc. and Victoria Secret are also likely to maintain their dominance in certain aspects of the global lingerie market over the coming years. Numerous brands in the global lingerie market are vying to launch physical stores in newer regions in an attempt to magnify their consumer pools for the near future.

As stated in the TMR report, the global lingerie market was valued at US$33.18 bn in 2015 and is estimated to reach US$55.83 bn by the end of 2024. The market is expected to expand at a CAGR of 6.4% within the forecast period from 2016 to 2024.

Regionally speaking, the global lingerie market was dominated by Europe in 2015. It is likely for Europe to remain in the lead over the coming years as well, eventually acquiring a share of 33.64% by 2024. Bras were the leading segment in the global lingerie market in 2015, based on types, and is expected to retain its lead for the report’s forecast period, acquiring a share of 36.0% by 2024. The bra is an essential part of most attires for women, thereby being one of the more demanded items in the global lingerie market.

More Women Take on Athletics, Gyms, and Outdoor Sporting Activities

Women are focusing more and more on the way they carry themselves and how products such as bras and shapewear can help maintain a positive body shape. This is currently the key factor driving the global lingerie market. The market’s growth rate is further augmented by the growing number of women taking part in fitness related activities. “The number of women going to the gym, taking part in marathons, triathlons, and similar, and other physically demanding activities has been on the rise. This is driving up the demand for products such as sports bras, which allow women a greater level of comfort and physical freedom during these activities, as compared to conventional bras,” states a TMR analyst.

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Additionally, the growing focus of top lingerie brands on aesthetically appealing athletic innerwear is further propelling the demand for them. This is likely to continue being a top trend in the global lingerie market for the coming years. The wide variety of lingerie products being made available across numerous channels has additionally supporting the growth of the lingerie markets in emerging economies. The market is also being boosted by the growing ecommerce industry. Lingerie can now easily be bought online, a highly attractive feature for nearly all type of consumers, especially those with little to no local access to premium brands and stores.

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Hybrid Vehicles Market – Rising Vehicle Ownership Boosts Passenger Vehicle Segment

The global hybrid vehicles market witnesses the dominance of some large players, states Transparency Market Research (TMR) in a new report. In a competitive business landscape, key players are focused on technological advancements and strategic partnerships to surge ahead.

Prominent participants in the worldwide market for hybrid vehicles include General Motors Company, Ford Motor Company, Mercedes-Benz USA LLC, Toyota Motor Corporation, Nissan Motor Co. Ltd., BMW AG, Audi AG, Hyundai Motor Company, MAN SE, and Renault SA.

A report by Transparency Market Research (TMR) estimates the global hybrid vehicles market to be worth US$193.29 bn by the end of 2024 from its evaluated worth of US$75.52 bn in 2015, expanding at a CAGR of 10.3% between the forecast period of 2016 to 2024.

Among the various type of vehicles, passenger vehicles is anticipated to display a significant growth rate as demand for passenger vehicles is on the rise globally. Furthermore, the launch of technologically advanced passenger vehicles that are equipped with sophisticated machinery is anticipated to shape encouraging growth path for the segment. Region-wise, Asia Pacific is expected to lead in terms of revenue contribution over the forecast period. Japan registered impressive sales of hybrid vehicles in 2015, more than double the sales of hybrid vehicles recorded in the U.S. in the same year.

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High Performance Factor and Rising Demand for Green Vehicles Favors Market

The demand for hybrid vehicles is prophesied to be on the rise owing to rising concerns of environmental deterioration due to emissions from conventional vehicles. The rapid exhaustion of oil reserves is also driving the adoption of hybrid vehicles. Electric vehicle operate on power which is obtained from vehicular batteries. These batteries can be charged at charging points that are either private or open. Hybrid vehicles allow drivers to switch between fuel and power mode as desired.

The rising trend of fuel conservation is anticipated to be a noteworthy trend to give impetus to the hybrid vehicles market. In the U.S., for instance, the overall consumer base of green automobiles is on the rise, thereby stimulating the growth of hybrid vehicles market. Strong demand from consumers for improved fuel productivity and demand for green vehicles has led to the launch of electric version of prominent existing vehicles.

The performance factor of hybrid vehicles over ordinary vehicles as the former do not require isolated alternators and motors is also stoking growth of hybrid vehicles market. The hybrid motors function on several engines and generators, which results in enhanced performance than what is offered by conventional vehicles.

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Cloud Service Brokerage Market – Widening Penetration of Internet Boosts Demand

The cloud service brokerage market faces a high degree of competition due to the presence of a large number of players. The growing number of competitors in the market have intensified the competition over the past few years. The top three players showing dominance in the global cloud service brokerage market are Accenture Plc., Capgemini S.A., and Cognizant Technology. Collectively, these companies are estimated to hold a share of 58.2% in the global market by the end of 2017. Offering a wide range of cloud choices, mergers and acquisitions, and enhancing the product portfolio is expected to keep these companies ahead of other players in the coming years.

According to the research report, the global cloud service brokerage market was worth US$3.3 bn in 2015 and is expected to reach US$22.4 bn by the end of 2024. During the forecast period of 2016 and 2024, the global market is expected to progress at a CAGR of 23.6%.

The end users in the global cloud service brokerage market are the telecom and IT, BFSI, retail, healthcare, energy, and government sectors. Of these, the telecom and IT sector is expected to maintain a dominant stance in the global market as it is poised to acquire a share of 26.5% by the end of 2024 in the global market. The growing demand for high-speed internet and the escalating uptake of smartphones, tablets, and other devices is expected to spike the demand for cloud service brokerage in the coming few years.

In terms of regions, the global market is divided into North America, Europe, the Middle East and Africa, Asia Pacific, and South America. Europe and North America are the most attractive markets in the global cloud service brokerage market.  Of the two, North America is estimated to hold a dominant share in the global market reaching a valuation of US$9.8 bn by the end of 2024. This dominance will be supported by the strong presence of established players and soaring adoption of cloud services among the end users.

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The growing adoption of cloud services to store data across various platforms has led to a spike in the demand for cloud service brokers. These brokers help users to choose the right services and provide customizations that suit their requirements. The global cloud service brokerage market is also gaining traction as it provides assistance with integration, deployment, and customization of software and service. The rising adoption of hybrid cloud model is also fueling the demand for cloud service brokers.

In the coming years, the increasing complexity and volumes of data have created a need for an organized storage space and its effective management. This premise has been driving the demand for cloud services in the recent past, in turn augmenting the need for cloud service brokerage. The widening penetration of internet is also estimated to give the global market an adequate fillip in the near future. Advantages of cloud services such as reduced costs and low capital expenditure are expected to accelerate the demand for cloud service brokers during the forecast period.

Though the market has a bright future, it is being hampered due to the lack of awareness amongst end users. As the market is merely budding, it is being challenged by several roadblocks. The stubborn perception of businesses to operate in traditional ways is expected to hamper the adoption of cloud systems in the coming years. Furthermore, the difficulty in handling end-to-end personalization of services and software is also expected to hamper the growth of the overall market.

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Smart Bottle Market – Increasing Demand from Tech-savvy Customers to Augment Market Growth

The global smart bottles market is at a very nascent stage and is seen to be highly fragmented and largely dynamic. The global market is influenced by technologically advanced features of connectivity and innovative products. Leading players in the global market for smart bottles such as Thermos LLC, Spiritz, Adheretech Inc., and Myhydrate each accounted for less than 5% of the all-round revenue generated by the market across the globe in 2016.

Domestic and regional players have projected to witness vast opportunities of growth in regional areas on account of less strict regulations and rules associated to features and quality included in products compulsory for sale. Manufacturing of cheaper products with new features are expected to give an edge to regional players as compared to the global ones who pay more sums for the research and development of products. Global players could take advantage from associations, mergers with other leading companies in the domains of fitness and health and technology. In a recent development, a strategic association between Fitbit Inc. and Thermos LLC. The new hydration connected bottle of Thermos LLC, introduced in October 2015, works with Fitbit to keep a track of water intake to sustain the overall health and energy of the consumer.

The global market for smart bottles stood at an overall valuation of US$88.8 mn in the year 2016. This valuation is expected to grow and reach a figure worth US258.8 mn by the end of 2024. This growth of the global market for smart bottles in terms of value is expected to be achieved with the help of strong CAGR of 14.3% over the course of the given forecast period of 2016 to 2024.

With respect to the prominent application areas of smart bottles such as water bottles, alcoholic beverage bottle, and pharmaceutical bottles, the segment of water bottles is currently leading contributor of revenue in the market across the globe. The segment accounted for more than 56% of the global market in 2016 and is projected to experience a significant rise in its overall share by the fall of the given forecast period in 2024. However, other segments are projected to experience losses in their respective share in the market.

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With respect geography, the global market for smart bottles is expected to be led by Europe and North America. Of these, the North America market is expected to show an impressive CAGR of 16.4% over the course of the given forecast period of 2016 to 2024.

Some of the key factors helping to drive the growth of the global market for smart bottles is the increasing awareness about healthcare and overall body fitness among the population across the globe. In addition to this, increasing population of tech-savvy customers and growing willingness to pay more sums for technologically advanced products and premium.

With capacities such as updating customers about the overall water intake over a specified time period, comparisons between different levels of body hydration among others are attracting tech-savvy customers and are thus helping in augmenting the overall growth of the global market in the coming years.

Customization and Cost Problems to Impede Market Growth

However, there are some factor that might impede the market growth in coming few years. One of the key restraining factors for the growth of the global market is considered to be the high costs these bottles along with lack of customizations.

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IoT Sensors Market – Consumer Electronics to Remain Dominant Application Segment

The global IoT sensors market is a highly competitive one with many leading companies competing against each other with variety of products, states Transparency Market Research (TMR) in a research report. The players in the market are working hard and are striving to gain a competitive edge over each other through the creation of novel and technologically advanced IoT sensors that will cater to the unmet needs of the consumers across the globe. The companies are incessantly focusing on research and development projects to present the market with the onset of competition and the urge to produce better products taking a huge turn. The leading companies in the market are Digi International Inc., ARM Holdings Plc., Libelium, InvenSense Inc., Ericsson, Honeywell International Inc., Robert Bosch GmbH, IBM, STMicroelectronics N.V., and Infineon Technologies.

According to a TMR analyst, “The global market for IoT sensors is expected to witness an outstanding 24.5% CAGR from 2015 to 2023. In 2014, the market was worth US$4.90 bn and is projected to rise to a valuation of US$34.75 bn by the end of 2023.”

In terms of applications, the global market for IoT sensors  has been segmented into healthcare, consumer electronics, automotive, building automation, industrial, and retail. Consumer electronics surfaced as the leading contributor to the global market in 2014. Growing demand for consumer electronics such as smartphones, smart TV, and smart home appliances sets are fuelling the adoption of the approaches related to IoT and are getting linked. In entertainment electronics segment, IoT sensors assist users for establishing elastic media usage. Furthermore, growing awareness among customers and mounting demand for reasonable consumer electronics has led to the formation of promising circumstances for the consumer electronics market in developing regions such as the Middle East and Africa and countries like India. This is anticipated to present encouraging growth prospects to the global market in the years to come.

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Region-wise, the market for IoT sensors has been classified into Europe, Asia Pacific, North America, and the Rest of World. North America held the leading share of the global market in 2014 and was closely trailed by Europe. In 2014, these two regions collectively held over 60% of the global market. On the other hand, is expected to be the leading region in terms of growth in the global IoT sensors market over the forecast period. The rising demand of IoT sensors for being used in several smart consumer merchandises and also in the healthcare industry has been having a positive effect on the progress of the market. Governments of the several developing countries such China, India, and South Korea are inflowing into numerous public and private collaborations for the expansion of its cloud services through its data and IoT center developments, thus  bolstering the growth of this particular market in Asia Pacific.

Mounting Demand for Wearable Devices to Encourage Market Growth

The global IoT sensors market is expected to be the spectator of widespread growth over the upcoming years due to the rising market for smart devices and wearable and also due to the stable development of smaller, inexpensive, and smarter IoT sensors. The increasing demand for IoT sensors in real time applications, placement of Ipv6, and compassionate rehe sourcefulness provided by governments are further anticipated to fuel the demand for the IoT sensors due to swift development of the healthcare infrastructure worldwide. Nevertheless, multifaceted architecture and bandwidth connected limitations are expected to inhibit the growth of the global IoT sensors market, predominantly in the regions where high-speed internet facilities are not available.

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