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Services Top Trending Markets – By The Business Research Company

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The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

LONDON, Sept. 11, 2023 /PRNewswire/ — As per The Business Research Company’s analysis, the services market is poised for substantial growth, with projections indicating an expansion to $20,650.56 billion by 2027, characterized by a robust compound annual growth rate (CAGR) of 7.9%. This growth is underpinned by the rapid and transformative advances in technology, which are expected to catalyze innovation across various sectors within the services industry. These technological advancements promise to redefine how services are delivered and accessed, thus propelling the market forward in the forecasted period.

In this dynamic landscape, The Business Research Company (TBRC) plays a pivotal role in empowering businesses within the services industry. TBRC’s comprehensive reports provide valuable insights, market intelligence, and trend analyses that enable businesses to make informed decisions, stay competitive, and seize emerging opportunities.

By leveraging TBRC’s reports, businesses can strategize effectively, identify growth avenues, and navigate the evolving market landscape successfully, ensuring sustained success in this rapidly changing industry.

View The Business Research Company’s top eleven market reports in the services industry:

1.  Construction Equipment Rental Global Market Report 2023  https://www.thebusinessresearchcompany.com/report/construction-equipment-rental-global-market-report

The global construction equipment rental market is projected to reach $121.76 billion by 2027, with a steady compound annual growth rate (CAGR) of 5.0%. This growth is anticipated to be driven by the expanding construction industry, which is expected to fuel the demand for construction equipment rental services in the coming years.

2.  Corporate Employee Transportation Service Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/corporate-employee-transportation-service-global-market-report

The global corporate employee transportation service market is forecasted to reach $36.78 billion by 2027, with a solid compound annual growth rate (CAGR) of 6.5%. This growth is attributed to the expanding corporate office footprint in the Asia-Pacific region, which is anticipated to drive the demand for corporate employee transportation services in the foreseeable future.

3.  Delivery Drone Services Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/delivery-drone-services-global-market-report

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The global delivery drone services industry is projected to expand to $28.9 billion by 2027, experiencing a remarkable compound annual growth rate (CAGR) of 52.4%. This substantial growth can be attributed to the rising demand for drone deliveries, particularly accelerated during the COVID-19 pandemic, which is expected to drive the growth of the delivery drone services market in the upcoming years.

4.  Destination Wedding Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/destination-wedding-global-market-report

Eco-friendly weddings set against the backdrop of natural landscapes have emerged as a prominent trend, garnering significant popularity within the destination wedding market. In an era marked by increased environmental awareness, individuals are making conscientious choices by opting for eco-friendly weddings in pristine natural settings. Destination wedding service providers are responding to this trend by offering sustainable and naturally beautiful venues, contributing to the flourishing of this market segment.

5.  Drone Servicing/Repair Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/drone-servicing-repair-global-market-report

The global drone servicing and repair industry is projected to reach a substantial market size of $101.03 billion by 2027, demonstrating an impressive compound annual growth rate (CAGR) of 50.3%. This remarkable growth is expected to be fueled by the increasing adoption of precision agriculture practices, which is poised to drive the demand for drone servicing and repair services in the years to come.

6.  Drop Shipping Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/drop-shipping-global-market-report

The integration of artificial intelligence (AI) within the dropshipping business is a pivotal trend in the market. Leading companies are incorporating AI technology into their existing platforms to enhance operations. AI technology brings several advantages, including personalized experiences, process automation, data analysis, and the removal of extraneous data, which are all contributing to the evolution of the dropshipping industry.

7.  Enotourism Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/enotourism-global-market-report

The global enotourism market is anticipated to expand to $14.16 billion by 2027, exhibiting a robust compound annual growth rate (CAGR) of 14.6%. This significant growth is projected to be driven by the rising number of government initiatives aimed at promoting tourism, which is expected to boost the enotourism market’s growth in the coming years.

8.  Geotechnical Services Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/geotechnical-services-global-market-report

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The global geotechnical services market is forecasted to reach $2.71 billion by 2027, with a steady compound annual growth rate (CAGR) of 5.1%. This growth is anticipated to be driven by the increasing investments in wind energy, which are expected to fuel the demand for geotechnical services in the coming years.

9.  Healthcare BPO Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/healthcare-bpo-global-market-report

The healthcare Business Process Outsourcing (BPO) industry is projected to reach $490.84 billion by 2027, demonstrating a substantial compound annual growth rate (CAGR) of 12.2%. This noteworthy growth is primarily attributed to the rapid expansion of clinical process outsourcing, which is playing a significant role in driving the healthcare BPO market forward.

10.  Hydraulic Fracturing Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/hydraulic-fracturing-global-market-report

Technological advancement is emerging as a prominent trend in the hydraulic fracturing market. Companies engaged in hydraulic fracturing are increasingly embracing advanced technologies, including automation, real-time tracking systems, live 3D visualization systems, and other innovations. These technologies are being adopted for their ability to enhance efficiency in hydraulic fracturing operations through automated controls and improved visibility, signaling a shift towards more sophisticated and data-driven processes in the industry.

11.  Hyperlocal Services Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/hyperlocal-services-global-market-report

The global hyperlocal services market is projected to expand to $4,505.51 billion by 2027, with a significant compound annual growth rate (CAGR) of 16.1%. This remarkable growth can be attributed to the increased funding directed towards e-commerce businesses, which has been a driving force behind the hyperlocal services market during the historic period.

Interested to know more about The Business Research Company?

The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

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Email: [email protected]

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Savl Rebrands to Unity Wallet and Launches Loyalty Program, Boosting User Experience and Value

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Known for its exclusive tools and unique features, Unity Wallet delivers the most comprehensive self-custodial crypto wallet and Web3 experience, for seamless and secure DeFi management. 

LONDON, Sept. 19, 2024 /PRNewswire/ — Savl, the self-custodial crypto and Web3 wallet that combines industry-leading encryption, unique functionality, and intuitive design has rebranded to Unity Wallet, signifying a new era for the project.

With a mission to unlock DeFi’s potential for everyone, Unity Wallet promotes broader self-custody adoption through an intuitive, user-friendly design paired with industry-leading encryption and security.

Launched in 2020, Unity Wallet operates in over 100 countries and has generated more than 1 million wallets. Its innovative features set it apart, including a built-in social community, sub-accounts, staking, WalletConnect, encrypted messenger, and the unique Know Your Transaction (KYT) function, which allows users to assess risks on wallet addresses, protecting against fraudulent activities and ensuring a safer self-custodial crypto and Web3 wallet experience.

Further expanding its offerings, Unity Wallet now actively rewards its users through its recently launched loyalty program. Rewardable actions include buying, selling, swapping, sending, staking and socially engaging with other users. Points can then be used to progress through program tiers, reduce transaction fees, enjoy up to 50% cashback on cross-chain and DEX swaps, and be redeemed for additional sub-accounts, KYT checks, unique perks, and 24/7 dedicated support.

James Toledano, Chief Operating Officer of Unity Wallet, said, “Since its inception, our mission has been to simplify access to crypto. As the crypto landscape has evolved, so has Unity, leading to this rebrand and marking a pivotal point in our journey. Our new name reflects our commitment to providing a unified, accessible, and empowering user experience for all. The loyalty program is a key step towards this vision, designed not only to reward our community but also to drive the broader adoption of decentralized finance and enhance user experience and value.”

Unity Wallet can be downloaded via the Apple App and Google Play stores. For more information on the loyalty program visit https://www.unitywallet.com/loyalty-program.

About Unity Wallet

Unity Wallet is a self-custodial crypto and Web3 wallet that combines industry-leading encryption, unique functionality, and intuitive design. Launched in 2020 as a solution to the fragmented nature of existing wallets, Unity Wallet is a sleek alternative to complicated experiences. It operates across 100+ countries, with an impressive track record of 1,000,000 wallets generated. Its innovative features set it apart, including a built-in social community, encrypted messenger, and its unique Know Your Transaction (KYT) function, enabling users to conduct risk assessments on wallet addresses to safeguard against illicit activities. Unity Wallet safeguards user assets with a robust set of security measures, including a 24-word recovery phrase, anti-theft pin codes, and optional FaceID authentication, all powered by cutting-edge cryptographic algorithms and protocols. With its comprehensive suite of services, users can effortlessly engage in buying, selling, and storing over 250 cryptocurrencies, as well as cross-chain and DEX swapping across 100s of trading pairs, along with the ability to stake assets and create multiple sub-accounts for optimized asset management. Unity Wallet also facilitates the purchase of everyday products and services in over 190 countries using cryptocurrency, while its advanced WalletConnect integration grants access to the Web3 world and thousands of decentralized apps (DApps).

 

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Experian Research: GenAI and data-driven decisioning are key competitive advantages for global business leaders

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LONDON, Sept. 19, 2024 /PRNewswire/ — Experian’s latest research, conducted by Forrester Consulting, delves into the strategies of senior decision-makers in the financial services and telco sectors across EMEA and APAC. The survey of over 1200 C-suite and Director level leaders in Australia, Denmark, Germany, India, Italy, New Zealand, Norway, South Africa, Spain, and the Netherlands reveals how businesses are leveraging Generative AI (Gen AI), consolidating datasets to improve decisioning models, and prioritizing customer experience to navigate challenging economic conditions and technological disruption.

The race to harness GenAI is well underway

Business leaders identified technological disruption as the third largest external factor impacting their business in the coming two years, putting emphasis on the race toward AI supremacy to improve business efficiencies and reduce costs. Sixty-eight percent of participants believe that competitive advantage in their industry will be dependent on who can make the best use of AI, and nearly three-quarters (73%) of the technology leaders are exploring GenAI use cases with a view to implement them within the next year.

Technological disruption is a catalyst for improving customer experience

Survey respondents highlighted a centralised cloud-based platform as a notable factor to improve risk strategy. Nearly half (47%) foresee additional credit stress and tightened lending criteria. Many risk leaders (42%) also indicated that the top risk priority is to improve the ability to identify financially vulnerable customers. Integrating data sources, leveraging AI and streamlining data-to-insight-to-action processes to enable lenders to achieve a holistic borrower view, improve customer relations and foster lending practices.

Combining datasets into a single cloud-based platform is key to enhancing analytical capability

Data and analytics leaders are prioritising a unified platform for siloed datasets to accelerate AI/ML model development and deployment. More than half (55%) of respondents believe current development times are too long, with 48% stating that they are updating their models more frequently due to shifting consumer behaviour.

“This year’s research highlights the growing importance of AI and data analytics for businesses seeking a competitive edge,” says Malin Holmberg, CEO, EMEA & APAC, Experian. “While we are still facing broader macroeconomic challenges, the majority of leaders remain optimistic about future growth and increased technology investment.”

Download the full report here.

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About Experian

Experian is a global data and technology company, powering opportunities for people and businesses around the world. Learn more at experianplc.com.

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Contact: Yolanda Zondo, [email protected] 

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Itaú Private Partners with Addepar to Deliver a Comprehensive Global Investment Solution

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Exclusive collaboration enhances wealth management services with cutting-edge data aggregation and performance reporting tools

NEW YORK, Sept. 19, 2024 /PRNewswire/ — Itaú Private, a leading provider of private banking services, has announced an exclusive partnership with Addepar, a global leader in technology and data solutions for investment professionals. This strategic collaboration grants Itaú Private exclusive access to Addepar’s comprehensive data aggregation and performance reporting platform in Brazil, enhancing the bank’s ability to deliver superior service and investment solutions to its advisors and clients.

Through this partnership, Itaú Private clients will gain access to powerful tools and detailed reports that provide insights into their global wealth—both onshore and offshore—including returns, transactions, historical data, and balances. These capabilities will enable a fully automated and personalized evaluation of each client’s unique financial interests and needs.

“The partnership with Addepar brings a new level of sophistication to the services we offer, allowing us to better align our solutions with each client’s distinct goals,” said Fernando Beyruti, Global Head of Itaú Private Bank. “This initiative also enables us to introduce an advisory model that evaluates clients’ total assets, deepening our relationships and reinforcing our commitment to client-centric services.”

Addepar serves a global client base, providing advanced financial technology solutions to investment professionals across more than 45 countries. The platform currently supports over $6 trillion in assets under management, offering robust data aggregation and performance reporting tools that empower clients to make better decisions and deliver more informed advice.

“We are excited to collaborate with a market leader like Itaú Private, enabling us to bring our advanced financial technology solutions to one of the most dynamic and innovative private banks in the world,” said Peter O’Brien, Global Head of Sales and Partnerships at Addepar. “Together, we are committed to empowering Itaú Private’s advisors with state-of-the-art tools that drive efficiency and deliver exceptional value to clients.”

About Addepar

Addepar is a global technology and data company that empowers investment professionals to deliver precise and informed guidance to their clients. Trusted by hundreds of thousands of users worldwide, Addepar’s platform aggregates portfolio, market, and client data for over $6 trillion in assets. The platform integrates with more than 100 software, data, and service partners, providing a comprehensive solution for a diverse range of firms and use cases. Addepar has a global presence, with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Dublin, Edinburgh, and Pune.

About Itaú Private

Itaú Private is a market leader with approximately R$ 880 billion in allocated capital—R$660 billion onshore and R$162 billion offshore (as of March 2024)—and holds around 30% market share in its segment in Brazil, according to data from Anbima. With a team of around 800 employees, including 350 professionals across its international offices in the United States, Portugal, Switzerland, and the Bahamas. Miami is Itaú Private’s international hub that provides clients with wealth management and banking products and services, including portfolio management and personalized advice by experienced investment professionals. In Switzerland, the conglomerate has a bank, and in the Bahamas, a trust management company, which helps to serve clients who have to set up investment structures abroad.

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