Overview of the global online on-demand home services market The US online on-demand home services sector is $600 billion. It is growing steadily during the forecast period and post a CAGR of almost 49% by 2021 according to a report by the New York Times. The present generation constitutes the largest consumers of the online […]
Read MoreHow to start a full stack food delivery business?
Worldwide, the market for food delivery stands at €107.4 billion in 2019. It has already matured in most countries, with an overall annual growth rate estimated at just 3.5 percent for the next five years, but the post-COVID era has a tremendous upsurge in the Online-food delivery business and customers just love it. The business […]
Read MoreChinese New Year: Impact on logistics and Mitigating Risk
Chinese New Year, also known as the Lunar New Year or the Spring Festival is the most important of the traditional Chinese holidays. As many in the logistics and transportation field know, the holiday has a huge impact on global supply chains originating in China. The first day of the Chinese New Year 2018, the […]
Read MoreLast Mile Delivery: Evolving Markets
Last mile delivery, especially in parcel delivery, is seeing a significant disruption and grabbing a great deal of attention from investors. The parcel delivery market is not only large but also dynamic with growth rates ranging from 7 and 10% in mature markets like the US and 300% in developing market like India. Last mile’s […]
Read MoreOnline Stores: Keeping Up with Changing Customers
There is a dramatic change in the way consumers shop in online stores. Customers use their smartphone to browse and shortlist products based on the reviews, compare prices; share it with friends for an opinion and visit a retailer once the purchase decision. They try out the product in the store nearby and place an […]
Read MoreDrone Fleet Management Increases Efficiency: Industrial Use cases
The drone market showed incredible growth in 2017 and drones are increasing operational efficiency in numerous industries. Globally, drone unit sales grew an estimated 60 percent last year to 2.2 million, and revenue grew 36 percent to $4.5 billion, according to a research firm Gartner. The reasons for the unrelenting rise of drones in everyone’s […]
Read MoreUber for weed: Growing Opportunity!
One of the fastest growing industries in the United States is Cannabis. The market is expected to grow to $13.3 billion by 2020 in medical cannabis alone. Meanwhile, adult recreational sales are expected to reach a whopping $11.2 billion by 2020 from 2.6 billion in 2017. Cannabis industry has become an attractive opportunity for investors […]
Read MoreIs Creating an Online Store The Way Forward?
Every 50 years or so, retailing undergoes disruption. Like most disruptions, digital retail technology got off to a shaky start. A bevy of Internet-based retailers like Amazon.com, Pets.com, and pretty much everythingelse.com embraced what they called the online store or electronic commerce. Today, however, that economic reality is well established. Brick and mortar is still […]
Read MoreOn Demand Beauty Services: The Next Big Idea and Changing Market
The taxi, delivery, and home services industries have all been rocked by on demand platforms. Now, a fierce battle is being waged for on demand beauty service to take control of the $46 billion U.S. beauty industry. According to Forbes, 28% of hairdressers, stylists and cosmetologists are already working as independent contractors. The beauty industry […]
Read MoreOn Demand Dog Walking App “Wag” Raises $300 Million from Softbank
One of the tech world’s deepest-pocketed investors has been scouring the globe to find and fund the technologies that are building the future. SoftBank Vision is investing $300 million in on-demand walking and dog care startup Wag. Wag has also brought on Hilary Schneider, formerly of identity theft protection company LifeLock, to serve as the […]
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