Fintech PR
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 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
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
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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Fintech PR
VIVOTEK Wins Double Honors for Its Commitment to Sustainability
TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.
Pioneering Sustainability with Dual Recognition
“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”
Driving Sustainability through AI Innovation
VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.
Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.
In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.
Security Sustainability as a Foundation for Social Impact
VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.
Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.
To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.
View original content:https://www.prnewswire.co.uk/news-releases/vivotek-wins-double-honors-for-its-commitment-to-sustainability-302339223.html
Fintech PR
2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters” Successfully Concluded
GUIYANG, China, Dec. 26, 2024 /PRNewswire/ — To fully implement the spirit of “carrying forward China’s cultural heritage” and “promoting the creative transformation and innovative development of fine traditional Chinese culture”, the 2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters”, organized by the Publicity Department of the CPC Guiyang Municipal Committee and hosted by www.huanqiu.com, has successfully concluded on Dec.16. The contest drew thousands of teenagers from both China and abroad, who used cultural empowerment and innovative designs of Chinese characters to narrate and promote Guiyang.
At the “Colorful Guizhou • Literary Plateau” Farming and Reading Event, 59 outstanding works from 26 countries, along with 21 representative pieces from various countries and regions, were showcased. According to the organizing committee of the Global Youth Design Contest on Chinese Characters, “This exhibition serves as both a lasting commemoration of the event and a report to all those who care about the inheritance and promotion of Guiyang and Chinese culture.”
In their submissions, the teenagers selected Chinese characters or phrases they believed best represented Guiyang and reimagined them through innovative designs. Outstanding designs incorporated Guiyang’s iconic architecture and cultural landmarks into Chinese characters to present the city’s urban landscape and historical culture. Some works spotlighted Guiyang’s distinctive cuisine, offering a glimpse into the vibrant and diverse local culinary culture. Some other designs drew inspiration from martial arts villages in Guizhou and featured dragon motifs to symbolize the depth and vitality of Guizhou culture.
Saison from Tajikistan was among the participants in this year’s Global Youth Design Contest on Chinese Characters. Speaking about his design of the Chinese characters, he shared that his design sought to merge the beauty of Chinese characters with the charm of Guiyang. “Guiyang is a captivating place, known for its beautiful scenery, delicious food, and diverse ethnic minorities. I tried to incorporate the beauty of Guiyang into my Chinese character design, hoping to convey the city’s charm and the wonders of Chinese characters through my work.”
The contest officially opened for submissions on September 30. In an effort to boost public engagement and participation, a “cheerleading campaign” was organized for shortlisted works from November 22 to 29. Following expert reviews, 80 outstanding works were ultimately selected for public exhibition.
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View original content:https://www.prnewswire.co.uk/news-releases/2024-global-youth-design-contest-on-chinese-characters-themed-guiyang-in-characters-successfully-concluded-302339323.html
Fintech PR
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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View original content:https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html
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