E-commerce Technology Market by Application and Geography - Forecast and Analysis 2020-2024

 

The global e-commerce payment market size is expected to grow by USD 113.68 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.

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Online transactions are gaining importance among consumers as they are easy, quick, and convenient. The financial and E-commerce sectors are the main adopters of online transactions. Consumers are also using smartphones to make online transactions. In addition, the global outbreak of coronavirus, which has compelled several countries to impose lockdowns and travel restrictions, is driving the increased use of e-commerce platforms. In addition, rapid changes in IT infrastructure have led to the rise of advanced modes of data theft. Thus, there is an increase in need for sophisticated e-commerce payment platforms. This is expected to drive the growth of the e-commerce payment market during the forecast period.

As per Technavio, the rise in the usage of wireless networks will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

E-commerce Payment Market: Rise in the Usage of Wireless Networks

In the current market scenario, increasing internet and wireless broadband penetration are one of the primary drivers for the growth of the E-commerce market as it is driving the social and the mobility phenomenon across the market. As technologies such as 4G and wireless broadband are becoming cheaper day by day, the distribution of wireless internet is also increasing significantly across the industries. The increased distribution of wireless technologies is positively affecting the E-commerce payment market on two levels. Firstly, this infrastructure provides a functional and efficient platform for the vendors to showcase the product in a secure network for all the concerned buyers. Secondly, the entire digital ecosystem of both consumer and enterprise technologies demands the implementation of network access control capabilities to better shield the entire system from malicious software, network vulnerabilities, breaches, and security threats.

E-commerce Payment Market: Segmentation Analysis

This market research report segments the e-commerce paymeThe global e-commerce payment market size is expected to grow by USD 113.68 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth. The global e-commerce payment market size is expected to grow by USD 113.68 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.nt market by type (e-wallets, cards, online banking, and direct debits) and geography (APAC, North America, Europe, South America, and MEA).

The APAC region led the e-commerce payment market share in 2019, followed by North America, Europe, South America, and MEA respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as the increasing urbanization and increasing penetration of internet services.

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Polyurethane Foam Blowing Agents Market by Type and Geography - Forecast and Analysis 2020-2024

The global polyurethane foam blowing agents market is expected to post a CAGR of over 6% during the period 2019-2023, according to the latest market research report by Technavio.

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PU (polyurethane) foams are widely used in the automotive and construction industry. PU Foams are used in the production of vehicle components such as seats, headrests, armrests, roof liners, dashboards, and instrument panels, driving the demand for PU foam blowing agents. Foam blowing agents are also used in the manufacture of several other automobile components such as side skirts, wiper cowls, roll pans, and bumpers and find significant application in the construction industry as well. During the forecast period, the global automobile industry and construction industries are expected to witness growth which will have a positive impact on the global polyurethane foam blowing agents market.

As per Technavio, the technological advances in refrigeration systems will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Polyurethane Foam Blowing Agents Market: Technological Advances in Refrigeration Systems

Growing stringency of regulations pertaining to energy and environment have compelled refrigeration system manufacturers to bring technological improvements in mechanical components and PU foams. This has encouraged players in the market to introduce blowing agents that exhibit better gas conductivity and lower GWP than standard HCFC and HFD-based blowing agents. These factors are expected to increase competition among vendors and result in the emergence of high-performance and cost-effective blowing agents during the forecast period.

 

Global Polyurethane Foam Blowing Agents Market: Segmentation Analysis

This market report segments the global polyurethane foam blowing agents market by type (HC, HFC, HFO, HCFC, and others) and geography (APAC, Europe, MEA, North America, and South America).

The APAC region led the market in 2018, followed by North America, Europe, MEA, and South America respectively. During the forecast period, the APAC region is expected to maintain its dominance over the global market. This is due to the increasing use of PU foam blowing agents in industries such as furnishing and bedding, packaging, medical devices, construction, and Automotive in the region.

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Video-on-demand (VOD) Market 2019-2023|Rising Adoption of Mobile Computing Devices to Boost Growth

 

The video-on-demand (VOD) market and it is poised to grow by USD 33 bn during 2019-2023, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is concentrated, and the degree of concentratation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rising adoption of mobile computing devices has been instrumental in driving the growth of the market.

Video-on-demand (VOD) Market 2019-2023: Segmentation

Video-on-demand (VOD) Market is segmented as below:

Business Segment

• SVOD
• AVOD
• TVOD

Geographic segmentation

• Americas
• APAC
• EMEA

Video-on-demand (VOD) Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our video-on-demand (VOD) market report covers the following areas:

• Video-on-demand (VOD) Market Size
• Video-on-demand (VOD) Market Trends
• Video-on-demand (VOD) Market Industry Analysis

This study identifies increase in mobile advertisements as one of the prime reasons driving the video-on-demand (VOD) market growth during the next few years.

Video-on-demand (VOD) Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the video-on-demand (VOD) market, including some of the vendors such as Alphabet, Amazon, AT&T, Hulu and Netflix. Backed with competitive intelligence and benchmarking, our research reports on the video-on-demand (VOD) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

 

Autonomous Vehicles Market by Type and Geography - Forecast and Analysis 2020-2024

The autonomous vehicles market and it is poised to grow by 5.64 million units during 2020-2024, progressing at a CAGR of over 21% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., BMW AG, Daimler AG, Ford Motor Co., General Motors Co., Hyundai Motor Co., Intel Corp., Tesla Inc., Toyota Motor Corporation, and Volkswagen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increasing demand for autonomy of vehicles has been instrumental in driving the growth of the market. However, high driver distractions due to increase in vehicle automation might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Autonomous Vehicles Market 2020-2024: Segmentation

Autonomous Vehicles Market is segmented as below:

• Type
• Passenger Cars
• Commercial Vehicles
• Geography
• North America
• Europe
• APAC
• South America
• MEA

Autonomous Vehicles Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The autonomous vehicles market report covers the following areas:

• Autonomous Vehicles Market Size
• Autonomous Vehicles Market Trends
• Autonomous Vehicles Market Industry Analysis

This study identifies the development of autonomous vehicles for cab and parcel delivery services as one of the prime reasons driving the Autonomous Vehicles Market growth during the next few years.

 

Telehealth Market by Product and Geographic Landscape - Forecast and Analysis 2020-2024

 

The global telehealth market is poised to grow by USD 95.72 billion during 2020-2024, progressing at a CAGR of over 25% during the forecast period.

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The market is driven by the increasing demand for remote patient monitoring. In addition, the growing number of M&As is anticipated to boost the growth of the telehealth market.

The rising need for better access to healthcare, increasing patient engagement, improving the quality of patient care, and enhancing patient satisfaction are factors leading to the increasing adoption of remote patient monitoring (RPM) across the world. This is increasing the use of connected health tools such as mobile applications and wearable devices to offer quality and value-based services to patients. Vendors are also increasing their focus on improving their telehealth services to enable the adoption of RPM. For instance, in October 2017, Medtronic collaborated with American Well to offer a complete telehealth solution to provide care to patients with chronic and co-morbid disease conditions. Hence, the rising demand for RPM is expected to fuel the growth of the global telehealth market during the forecast period.

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Major Five Telehealth Market Companies:

American Well Corp.

American Well Corp. operates its business through segments such as Telehealth Solutions and Telemedicine Equipment. The company offers telehealth solutions for multiple applications, including urgent care, pediatrics, telestroke, population health management, telepsychiatry, and chronic disease management.

Cisco Systems Inc.

Cisco Systems Inc. operates its business through segments such as Infrastructure Platforms, Services, Applications, Security, and Other Products. The company offers telehealth and collaboration solutions to enable clinicians to communicate with patients and other clinicians, increase patient engagement, and simplify communications management.

Doctor On Demand Inc.

Doctor On Demand Inc. operates its business through segments such as Employers and Health Plans. The company offers fully integrated telehealth solutions that allow health plans and employers to deliver primary care coverage virtually.

Enghouse Systems Ltd.

Enghouse Systems Ltd. operates its business through segments such as Interactive Management Group and Asset Management Group. VidyoCloud is the key offering of the company. It is designed to provide at-home care, ambulatory care, urgent/emergent care, acute care, and post-acute care.

General Electric Co.

General Electric Co. operates its business through segments such as Power, Renewable energy, Oil and gas, Aviation, Healthcare, Transportation, and Lighting. Telehealth services, Patient monitors, CARESCAPE Enterprise Access, and Virtual rounds are the key offerings of the company.

 

Lithium Iron Phosphate Battery Market- Actionable Research on COVID-19

 

The lithium iron phosphate battery market is poised to grow by USD 9.35 bn 18% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

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Due to the extensive spread of the virus across the globe, the Utilities industry is anticipated to have Negative impact. The lithium iron phosphate battery market will showcase Negative impact during 2020-2024.

Lithium Iron Phosphate Battery Market 2020-2024: Segmentation

Lithium Iron Phosphate Battery Market is segmented as below:

·         Application

o    Automotive

o    Non-automotive

·         Geography

o    Americas

o    APAC

o    EMEA

APAC was the largest market for lithium iron phosphate battery in 2019. The region is witnessing heavy industrialization activities, dense population, and shortage of fossil fuels. This will subsequently drive the need for lithium iron phosphate battery for specific applications, fueling lithium iron phosphate battery market growth. China and Japan are the key markets for lithium iron phosphate battery in APAC. Market growth in this region will be faster than the growth of the market in the other regions.

The Utilities market is anticipated to have Indirect impact and the lithium iron phosphate battery market demand will show Inferior growth. View market snapshot before purchasing

Increasing investments in the electric vehicle (EV) charging infrastructure has been an instrumental factor in influencing the growth of lithium iron phosphate battery market. Other market drivers include decline in lithium ion battery cost. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

Key Considerations for Market Forecast:

·         Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior

·         Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds

·         Pre- as well as post-COVID 19 market estimates

·         Quarterly impact analysis as the spread reaches a global level and updates on market estimates

Lithium Iron Phosphate Battery Market 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include BYD Co. Ltd., Contemporary Amperex Technology Co. Ltd., DNK POWER Co. Ltd., Lithium Werks BV, Murata Manufacturing Co. Ltd., OptimumNano Energy Co. Ltd., RELiON Battery LLC, Saft Groupe SA, Tianjin Lishen Battery Co. Ltd., and Ultralife Corp.

 

COVID-19 Impacts: Courier, Express, and Parcel Market will Accelerate at a CAGR of over 6% through 2020-2024

The courier, express, and parcel market and it is poised to grow by USD 100.19 billion during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

·         What was the value of the courier, express, and parcel market in 2019?

·         Technavio says that the value of the market was USD 321.88 billion in 2019 and is projected to reach USD 422.07 billion by 2024.

·         At what rate is the market projected to grow during the forecast period 2020-2024?

·         Growing at a CAGR of about 6%, the market growth will accelerate in the forecast period.

·         What is the key factor driving the market?

·         The availability of multiple online payment methods is one of the key factors driving the market growth.

·         Who are the top players in the market?

·         A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., Aramex International LLC, BDP International Inc., CEVA Logistics AG, Deutsche Post DHL Group, FedEx Corp., One World Express Inc. Ltd., and SF Holding Co. Ltd. are some of the major market participants.

·         Which region is expected to hold the highest market share?

·         APAC

·         What is a major trend in the market?

·         Cross-border trade in developing countries is a major trend driving the market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., Aramex International LLC, BDP International Inc., CEVA Logistics AG, Deutsche Post DHL Group, FedEx Corp., One World Express Inc. Ltd., and SF Holding Co. Ltd., are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The availability of multiple online payment methods has been instrumental in driving the growth of the market.

Courier, Express, and Parcel Market 2020-2024: Segmentation

Courier, Express, and Parcel Market is segmented as below:

·         Consumer

o    B2B

o    B2C

o    C2C

·         Geographic Landscape

o    APAC

o    Europe

o    MEA

o    North America

o    South America

 

Courier, Express, and Parcel Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our courier, express, and parcel market report covers the following areas:

·         Courier, Express, and Parcel Market size

·         Courier, Express, and Parcel Market trends

·         Courier, Express, and Parcel Market analysis

This study identifies growing cross-border trade in developing countries as one of the prime reasons driving the courier, express, and parcel market growth during the next few years.

Courier, Express, and Parcel Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the courier, express, and parcel market, including some of the vendors such as A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., Aramex International LLC, BDP International Inc., CEVA Logistics AG, Deutsche Post DHL Group, FedEx Corp., One World Express Inc. Ltd., SF Holding Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the courier, express, and parcel market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.