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Services Top Trending Markets – By The Business Research Company




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

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

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

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

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

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

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

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

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

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

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

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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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]

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PTI Secures €1.2 Billion Multi-Jurisdiction Transaction




NEW YORK, Sept. 28, 2023 /PRNewswire/ — Phoenix Tower International, LLC (“PTI”), through its Spanish subsidiary (PTI Iberica V, S.A.) announced today that it has closed a new €1.2 billion senior credit facility in Europe to consolidate its existing loans and provide substantial additional capacity to support further growth both in existing and new markets in Europe. 

The transaction comprised of the following senior secured facilities: (i) a €700 million term loan, (ii) a €400 million delayed draw term loan, (iii) a €50 million revolving credit facility, and (iv) a €50 million debt service reserve facility, all of which are due in September 2030 (7 years). Proceeds from the facilities will be used to: (i) repay existing indebtedness including related fees and expenses,  (ii) fund capital expenditure requirements and acquisitions, including the recent acquisition of the French portfolio of wireless tower assets from Cellnex (1,226 sites hosting SFR), and (iii) fund working capital requirements.

“The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal. The financing will allow us to strengthen our commitment to the region, as we continue to construct and invest in digital infrastructure in markets that are experiencing a rising demand for connectivity and technological upgrades. We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers”, said Dagan Kasavana, Chief Executive Officer of PTI.

“By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth. Raising €1.2 billion in the current market environment speaks to the strength of PTI’s business model and underscores the lender community’s appetite to support the expansion of digital connectivity. We are pleased to partner with such a strong lender group in this landmark transaction”, said Michael Bremer, Chief Financial Officer of PTI.

Natixis Corporate & Investment Banking (“Natixis”) acted as Structuring Bank. Natixis and Deutsche Bank AG acted as Lead Bookrunners and Mandated Lead Arrangers, ABN AMRO Bank N.V., ING Bank N.V., and Scotiabank (Ireland) Designated Activity Company acted as Mandated Lead Arrangers and Bookrunners, BNP Paribas and MUFG Bank acted as Mandated Lead Arrangers, and Citibank Europe PLC Dublin, Mizuho Bank Europe, and Toronto Dominion Bank acted as Participants. Natixis also acted as Facility Agent, Security Agent and Financial Modelling Bank, while ING Bank N.V. has been appointed as Sustainability Coordinator.

Freshfields Bruckhaus Deringer acted as external legal counsel of the company, and Allen & Overy acted as external legal counsel of the lenders.

About PTI

PTI, through its subsidiaries, owns and operates over 22,000 telecom towers throughout Europe, the United States, Latin America and the Caribbean. In Europe, PTI is present in several countries including France, Italy, Ireland, Malta and Cyprus.

PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world in high-growth markets. PTI’s investors include funds managed by Blackstone, Wren House and various members of the management team and is headquartered in Boca Raton, Florida. For more information, please visit

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BranchOut Food Inc. Expands Partnership with EnWave Corporation. Increasing Manufacturing Capacity by an Additional ~$15mm Annually & Secures Additional Product Exclusivities.




BEND, Ore, Sept. 28, 2023 /PRNewswire/ — BranchOut Foods Inc. (NASDAQ: BOF), the global trailblazer in GentleDried natural snacks and superfood ingredients, is proud to announce a significant expansion of its partnership with EnWave Corporation (TSX-V: ENW | FSE: E4U). BranchOut has agreed to purchase a second large-scale, continuous throughput dehydration machine from Enwave. Under the terms of the new Equipment Purchase Agreement (the “Agreement”), the 120kW REV™ machine is slated for delivery to BranchOut in late calendar 2024 and will add an additional $15mm in estimated topline capacity.

Eric Healy, CEO of BranchOut Food Inc., emphasized, “We are confident that this increased capacity will align perfectly with our growth trajectory, especially in light of our recent commitments from major retailers and the substantial sales pipeline we have established.”

Enwave’s Radiant Energy Vacuum (REV™) technology and associated patent portfolio was previously licensed to BranchOut along with exclusivity for its original core products. Under the new Agreement, the product exclusives have been significantly expanded to encompass the new and innovative products BranchOut has recently developed and will be launching in the very near future.

About BranchOut Food Inc.: BranchOut is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by their licensed dehydration technology. BranchOut Food is a leading provider of high-quality dehydrated fruit and vegetable-based products and its commitment to quality and innovation sets it apart as a trusted brand and private label supplier. For more information about BranchOut Food Inc. and its products, please visit

About EnWave: EnWave Corporation stands as a global leader in vacuum microwave dehydration innovation and application. Operating from its headquarters in Vancouver, BC, EnWave boasts an impressive intellectual property portfolio and has refined its Radiant Energy Vacuum (REV™) technology into a proven, consistent, and scalable drying solution. This revolutionary technology outperforms traditional drying methods in terms of efficiency, capacity, product quality, and cost.

Media Contact:

BranchOut Food Inc. 
Email: [email protected]

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SIGMA Financial AI unveils Akili-AI: Cutting-Edge, AI-based, no-code suite of tools for traders




– Augments trader’s interactions and transforms decision-making capabilities

– Handles the full extent of structured to unstructured financial data

– Mitigates portfolio exposure risk and accelerates speed to market

LONDON, Sept. 28, 2023 /PRNewswire/ — SIGMA Financial AI, an innovator in developing AI-driven trading solutions, launches Akili-AI*, a sophisticated suite of enterprise-ready trading strategy tools. Akili-AI is a cutting-edge, no-code solution enabling data-driven insights to support the specialist needs of the global financial services trading community.

Akili-AI incorporates machine learning (ML) and natural language processing (NLP) to deliver agile tools which are more intelligent, faster and easier to use, enabling traders to create strategies at a scale and speed unachievable without AI support. Completely asset-class and instrument-agnostic, the Akili-AI system streams real-time trading data, allowing users to screen, test and design complex trading strategies promptly. 

Their SaaS-based Pattern matching platform (Patterns as a Service) helps traders monitor thousands of instruments in real-time, scanning charts for momentum changes, technical signals, support, and resistance zones. The NLP research function supports fundamental and technical qualifications from thousands of news, social media and traders’ data. Akili-AI’s flexible modular architecture, built using modern protocols, is cloud-based and scales to support the largest trading enterprises.

Andy Simpson, Co-founder and CEO, commented, “Traders are having to cope with a constant squeeze on their book; this, combined with a huge increase in data volumes, has created the need for transformative solutions which can help them find an edge. They need the ability to find new liquidity fast, enhance their trade execution capabilities, and reduce portfolio risk; Akili-AI can deliver all this at a lower cost point and faster than ever.”

“Akili-AI transforms market interaction and improves productivity by liberating traders from the constraints imposed by long-established, outdated working practices and legacy technology infrastructures. Accelerated speed to market is crucial in an industry where every second counts. Our mission is to provide AI-based solutions which enhance the human experience – not replace them – helping to generate more revenue and increased profitability,” Andy continued.

Rob Maunder, Co-founder and Chief Commercial Officer, said, “Our pioneering and creative team is an unusual blend of deep financial services experience, phenomenal engineering and world-class AI technologists who bring an unrivalled track record of developing new platforms at pace. We break the mould by delivering incredible engineering of low-latency, highly scalable systems drawing on more than a decade of generative AI experience in the social media and music industries.”

Andy concluded, “Akili-AI is the start of a refreshingly different journey of technological change; watch this space. There is much more to come.”

Akili-Ai will be showcased in the Innovators Pavilion at the FIA’s Futures and Options Expo on October 2-3, 2023 at the Sheraton Grand Chicago Riverwalk.

*Akili is the Swahili word for intelligence.

About SIGMA Financial AI:

We provide traders with a set of tools that are faster, smarter and easier to use. Our AI machine learning product suite unlocks trading opportunities through real-time analytics underpinned by world-leading, scalable, ultra-low latency architecture.

Note to Editors: For more information about SIGMA Financial AI, please visit

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