Growing Acceptance of the Persistent Endovascular Surgeries Followed By Increasing Medical Awareness to Drive the Coronary Stents Market during the Forecast Period: Ken Research

Coronary stents are tiny flexible tube devices used for expanding the blood vessels of the patients in order to prevent obstacle. The stents are inserted into blood vessel of a patient suffering from a coronary disease. The tube features are also used for enlarging the narrowed arteries, and it also helps in reducing the chest pain and the associate drisk of cardiac arrests.

According to study, “Coronary Stents Market Report: Drivers, Restraints and Opportunities, Trends and Forecasts to 2023” some of the major companies that are currently working in the coronary stents market are Biotronik SE & Co. KG, Abbott Laboratories, Fortimedix B.V., Medtronic PLC, Boston Scientific Corporation, B. Braun Melsungen AG, Andramed GmbH, Hexacath, Kyoto Medical Planning Co. Ltd., I.B.S. S.P.A, Elixir Medical Corporation, MicroPort Scientific Corporation, Translumina GmbH, Biosensors International Group Ltd., Blue Sail Medical Co Ltd., Inspire MD,JW Medical Systems, Lepu Medical Technology, Vascular Concepts Ltd., Reva Medical Inc., IRIDEX Corporation, Essen Technology, Terumo Corporation, Stentys SA, Meril Life SciencePvt. Ltd.

Based on the type, the coronary stents market is segmented into Drug Eluting Stents (DES), Bare Metal Stents (BMS), Dual Therapy Stents (DTS), Bio-Engineered Stents (BES) and Bio-Absorbable Stents (BAS). Based on the forms, the market is segmented into wire form, sheet form and tube form. Based on manufacturing method, the market is segmented into water-jet cutting, laser cut and photo etching. Based on the mode of delivery, the market is segmented into self-expanding stents and balloon-expandable stents. Based on the bio-material, the market is segmented into polymeric bio-material, metallic, and natural biomaterial. Metallic stents include cobalt chromium (CoCr), stainless steel, platinum chromium (Pt-Cr), nickel titanium, and others. Based on the end-user, the market is segmented into Ambulatory Surgical Centers (ASCs), hospitals and cardiac centers etc.

The key benefits of using coronary stents include use of short procedure, less invasive than open heart surgery and their failure rate is 1%. Moreover, some of the major disadvantages associated with use of the devices is that it is not a confirmed cure can be rejected by body and aggravates kidney function.

The coronary stents demand is primarily driven by growing acceptance of the persistent endovascular surgeries. The other driving factors creating a demand of coronary stents include the increasing aging population, rising medical tourism, sophisticated healthcare system, high healthcare spending, presence of large number of market players, favorable reimbursement policies, the influence of western culture among adults, rising technological advancements, lifestyle changes, addiction to smoking, huge demand for diagnosis & treatment methods and increasing prevalence of cardiovascular diseases. The other restraints adding to the high cost of capital includes associated with stent implants, product failure & product recalls, slow adoption rate, high cost of devices, post-operative complications, stringent regulations for approval and availability of alternative treatment procedure. The key opportunities associated with the market are include increase in clinical trials and market expansion opportunities in the emerging nations.

Globally, the North American region holds the largest share of the coronary stents owing to growing investment in healthcare and increasing consciousness about risk factors for the coronary heart disease. During the forecast period it is expected that the Asia-Pacific market to grow at a significant phase due to growing number of diabetes & hypertension cases. It is estimated that the global coronary stents market to reach at US$ 11.1 billion, by 2023.

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Dynamic Landscape Of The Global Education Technology Market Outlook: Ken Research

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The significant advancement in technology and new innovations have transformed the market scenario and increased the requirement for the cost-effective and superior customer services. Whereas, the industry of education has observed dramatic changes in the recent past decades and is still undergoing radical procedure changes in the support of its products and services. There is a significant increase in the ultimatum for the acceptance of technological improvements in the educational processes and data to allow better decisions plans, higher responsiveness to consumer requirements, developed product designs and quality, and faster turnaround times. Nevertheless, the key players of this market are making significant investments for developing the techniques of doing work and leading the fastest market growth during the forecasted period with the handsome amount of share.

The market of education technology is fragmented with the organized and unorganized players while the organized players are dominating the handsome amount of share by working with the innovated technologies. Moreover, the unorganized key players are also showing their efficient performance with the new efforts and techniques for becoming a prominent player around the globe more efficiently. According to the report analysis, ‘Global Education Technology Market’ it states that there are several key players which are recently functioning in this market more significantly for dominating the highest market share with the effective working in the developments of technology includes Google Inc., Microsoft Corporation, IBM, Apple Inc., EdX, Byju's, and several others. In addition, the obtainability of basic digital infrastructure is a key driver for education technology that will require the projections for the market growth during the forecast period. The accessibility of a necessary infrastructure that propositions technical benefits to staff and students is critical to the successful acceptance of online learning and teaching in institutions across all levels.

Although, according to the research, it is forecast that the education technology market will grow at a significant CAGR of 15.4% during the period of 2018-2024. The significant growth of the education technology market is fueled by the significant increase in the Internet utilization among the populace, increased usage of cloud-based technology by education service companies, utilization of the mobile-based applications along with the cross-industry partnerships, and an effective growth in the venture capital investments.

Nevertheless, the market of this is spread across the globe with the significant developments in the working techniques and implementation of innovated technologies which majorly includes North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. The revenue is created mainly from North America, Europe, and the Asia Pacific. For instance, North America is the foremost market, followed by Europe, with the Asia Pacific emerging in the education technology market. The introduction of effective technologies such as cloud computing, cognitive computing, and machine learning are paving the technique for the growth of education technology. Therefore, in the near future, it is expected that the market of education technology will increase across the globe more significantly over the recent few years with the investment by the new investors for the developments.

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Changing Dynamics Of The Worldwide Sports Analytics Market Outlook: Ken Research

Over the recent past decades, the numerous sporting events and sports club have seen an effective growth in the amount of revenue created. This was majorly because of the growth in television broadcasting and increase in the number of sponsorships and promoting sales. In the recent time, most of the highlighted sports leagues and clubs are looking for the various opportunities to generate the new streams for generating the revenue. In addition, the sports analytics received a main boom up from the video cameras, wearable devices and various sensors. Few vendors have capitalized by providing hardware and later associated analytics. The key players of this market are playing an important role by doing significant developments in the technology of sports analytics for leading the fastest market growth during the forecasted period with the handsome amount of share around the globe.

According to the report analysis, ‘Worldwide Sports Analytics Market (2016-2022)’ it states that there are several key players which are recently functioning in this market more significantly during the forecasted period by utilizing the market opportunities after working by folding up their sleeves includes SAP SE, STATS LLC, Opta, SportRadar, Accenture, Catapult Group International Ltd, SAS Institute Inc, IBM Corp, Oracle Corporation, Tableau Software Inc, Orreco, Kinexon Precision Technologies GmbH, Firstbeat Technologies Ltd., Firstbeat Technologies Ltd, Krossover Intelligence Inc., and several others. Moreover, with the significant developments in the technology, growth in the adoption and efficient working of the key players the nature of this market is become more competitive which influenced the other existing key players and coming investors for making huge amount of investment for getting highest return on investment and attaining the handsome amount of share. Furthermore, this will also supportable in leading the fastest market growth during the forecasted period more significantly.

Although, the Worldwide Sports Analytics market is predictable to increase at an effective CAGR of 40.1% during the forecast period of 2016-2022 to touch an aggregate of USD 3.97 billion by 2022. With the recent developments in ICT, the huge amount of data is being created which related to players and audience & sports teams are valuing the understanding into these data to develop their team performance and engage and increase their audience base. Thus, the usage of analytics in sports is developing as a main business and is predictable to become a requirement for all the major sports clubs and leagues. Furthermore, big data and cloud technology played a prominent role in the growth of sports analytics and various vendors have their own cloud driven analytics platform. The platform is being utilized for numerous applications in business intelligence and performance analytics. With the support of cloud technology, vendors in video analysis deliver the unlimited video storage and video analytics and services. The analytics in sports is widely used in scouting, team performance analysis and strategic game planning. It has now grown to different aspects of business as well. Therefore, in the near future, it is expected that the worldwide market of sports analytics will increase more significantly over the recent few years.

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Landscape Of The Americas A2p Sms Market Outlook: Ken Research

According to the report analysis, ‘America A2P SMS Market Report 2016-2022’ it is states that there are several key players which are recently functioning in this sector more effectively for dominating the handsome amount of share by adopting the effective strategies and policies includes AT&T Inc, OpenMarket Inc, Verizon Communications Inc, Nexmo Inc, CLX Networks AB, Vodafone Group Plc, SAP SE, Orange Business Services, Gemalto NV, txtNation Limited, Twillio, Voxox Inc, Tyntec and several others. Few of the prominent players in the Americas such as AT&T, Verizon, CLX Networks AB, and Nexmo Inc. are planning to generate the innovative products/services to support the A2P SMS market. Moreover, with the effective working of the key players the market of this is become more competitive and enforced the new and existing investors for making an effective amount of investment in the development of infrastructure and technologies mobile devices. Furthermore, wide demand for smartphones, growth in the acceptance of A2P SMS services in customer-centric verticals, effective cost of communication channel and no need of internet are the some growth drivers of this market which effectively lead the market growth in this region during the forecasted period.

The market of America has grown more significantly with the developed technologies in the infrastructure. The Americas is the fastest growing country across the globe technological frontier. The American countries are thriving to rise their infrastructure in healthcare and education segment. The Americas controls the huge opportunities for the local and international key players in the numerous industries. The Americas’ economy helps companies to succeed in both the local and global markets. Additionally, the key players of this market are playing an important role by doing effective development in the infrastructure which deliver the effective opportunities for investing in the economy to the coming investors and existing key players. Therefore, in the near future, it is expected that the Americas A2P SMS market will increase more significantly during the forecasted period with the effective working of the key players.

Whereas, with the growth drivers the market is having some restraints which hamper the market growth such as strict regulations of government and data breached. For instance, for abolishing such restraints the key players are gaining the opportunities which further lead the market growth more significantly and helpful in accounting handsome amount of share includes A2P SMS platform is the enterprise business strategy, growing acceptance of smart technologies and Busi. Additionally, the market of A2P SMS market is segmented into the three major segments which includes services, verticals and countries. The segment of services is further split into two more important categories such as transactional services and promotional service while, the segment of transactional service holds the main market share in A2P SMS market followed by the promotional services. Therefore, in the near future, it is expected that the market of Americas A2P SMS market will increase more effectively over the recent few years with the effective investment in the developments of the technology by the existing key players.

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Increase in Automobile Sales followed by Need of Safety to Drive the Coated Fabrics Market over the Forecast Period: Ken Research

Coated fabrics are woven or non-woven material substrates. These are produced or manufactured by coating the fabric with rubber, polymer or other materials. They are antibacterial, anti-static and antifungal. Some advantages of coated fabrics are enhanced elasticity, resistance to flame, high visibility, weld ability, chemical, stain, scratch, UV radiations, oil, water, and abrasion.

Referring to study, "Global Coated Fabrics Market Size study, by Product (Polymer-Coated Fabrics, Rubber-Coated Fabrics, Fabric-Backed Wall Covering), by Application (Transportation, Protective Clothing, Industrial, Roofing, Awning & Canopies, Furniture & Seating, Others) and Regional Forecasts 2018-2025” some of the key companies that are currently working in the global coated fabrics market are Continental AG, Seaman Corporation, Saint-Gobain S.A., Sioen Industries NV, Mauritzon, Inc., Spradling International PLC, SRF Limited, Trelleborg AB, Low & Bonar (MehlerTexnologies), Serge Ferrari Group, Omnova Solutions Inc., Dickson Constant, Heytex Bramsche GmbH (Earlier Julius Heywinkel GmbH), Cooley Group Holdings, Inc., Isotex, Haartz Corporation, Longteng Biotechnology, Bo-Tex Sales Cor, Canadian General Tower Ltd., Takata Corporation, Wuxi Double Elephant, Endutex Coated Technical Textiles, Industrial Sedo S.L., Obeikan Technical Fabrics Co. Ltd., Coronet SPA, Morbern Inc., Uniroyal Engineered Products LLC., Graniteville Specialty Fabrics, Mount Vernon Mills, Inc.

Based on the product type, the coated fabrics market is segmented into rubber coated fabrics, polymer coated fabrics and fabric backed wall covering. Polymer coated fabrics include Polyethylene (PE) coated fabrics, vinyl coated fabrics and Polyurethane (PU) coated fabrics. Based on the application, the market is segmented into roofing & canopies, transportation (aircraft & automobile), apparel & accessories, temporary tents, cases & bags, industrial (oil & gas construction), furniture & seating, protective clothing (chemical protective clothing and thermal protective clothing) and awning & canopies. The transportation use is estimated to add the significant opportunity in the development of coated fabrics during the forecast period.

The market of coated fabrics is driven by the rising safety measures in the transportation sector followed by implementation of strict regulations on safety, increase in automobiles sales and rapid technology development. Some of the major restraint aspects are the lack of safety compliance, availability of substitutes, disposal or recycling of waste and environmental concerns. In addition, the innovative product development in the protective clothing segment and rapid industrialization in emerging economies are adding to the big opportunities to the market.

Globally, the Asia-Pacific is the leading region of coated fabrics market due to rise in the industries in developing countries such as India and China. The demand of the polymer-coated fabric is high for the major applications due to the superior properties and its resistance to the dirt, oil, UV, and water. Moreover, the demand of the automotive and home furnishing is expected to lead the use of coated fabrics market. The demand for coated fabrics in truck covers, airbags, and seat belt is expected to drive with the increase in demand from the Asia-Pacific region from the major countries such as China, India, Japan, and South Korea to significantly drive the coated fabrics market

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Increasing Demand For The Global Chemical Market Outlook: Ken Research

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A chemical substance is a formula of matter having a persistent chemical composition and characteristics properties and which cannot be disconnected into components by physical parting methods, such as without breaking the bonds of the chemical. Moreover, the chemical substances are often called ‘pure’ to fix them apart from the combinations. The substances of chemical available in the different forms which include liquids, gases, plasma or solids, and might be changing among these phases of matter with alteration in pressure or temperature. These substances may be mixed or transformed to others by means of chemical reactions. Additionally, the key players of this market are making a huge investment for developing the technology with the techniques of producing an effective chemical substance which further increases the demand and leads an effective market growth during the forecasted period more significantly.

According to the report analysis, ‘Chemical Industry Developments - Consolidation Vs Specialization’ it states that there are several key players which are presently functioning in this market more significantly for attaining the highest market share across the globe with the adoption of profitable strategies and policies includes Sherwin-Williams, Axalta Coating Systems, Bayer, Linde, Air Liquide, LyondellBasell, and Coventry among others. Moreover, the key players of this market are doing significant investment for the innovative developments in the technology which further proved to be beneficial for leading the fastest market growth in the short span of time. Chemical industry enterprises have accepted numerous means of organic and inorganic growth strategies for generating value for its stakeholders. Meanwhile, all the administrations have exposed high advances from their respective strategies; there is constantly a question of more.

Moreover, the market of chemical is segmented into various sector such as commodities, agrochemicals, intermediates and specialties, industrial gases, and heterogeneous. Whereas, the market of this is spread across the globe which majorly includes Asia Pacific, Europe, North America and Rest of the World. For instance, North America is expected to dominate the highest market share with a significant investment in development. Furthermore, the Asia Pacific region and Europe are the emerging regions which are specifically doing attractive developments for increasing the demand for chemicals and leading the fastest growth in the short span of time.

Commodities being the principal segment also saw the biggest number of deals in the study period and were followed by intermediates & specialties sector. The movement of the organizations diverse with time and most immense deals came in 2016. Further, the North American administrations lead the deals amount which was followed by Asian companies while other regions dawdled in number. Moreover, the key players of this market are doing technical analysis for the selective representative administrations to measure the impact and effectiveness of the development strategies within a given sector of the chemical industry. Furthermore, it is expected that the market of chemical industry will increase more significant during the forecasted period over the recent few years with the effective investments for developments in the technology of product making.

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Increase in Use of New and Fast Treatment Techniques to Drive the Surgical Staplers Market in the North American Region : Ken Research

According to study, “North America Surgical Staplers Market (2018-2023)” some of the major companies that are currently working in the North America surgical staplers market are Dextera Surgical Inc., Johnson & Johnson, Dickinson and Company, Smith & Nephew Plc., B Braun Melsungen AG, Intuitive Surgical Inc., Purple Surgical Inc., 3M Company, Medtronic Plc., CONMED Corp., Grena Ltd.

Surgical staplers are classified into many types such as curved stapling, directly stapling and rounded stapling. Some applications of its into common surgery, plastic & reconstructive surgeries, wound closure, orthopedic surgery, abdominal & pelvic surgery, microvascular, cardiovascular, urology, gynecology, obstetrics, laparoscopy, and cardiac & thoracic surgery. Some characteristics are minimal risk of complication (blood loss or leakage), ease of use, reduced hospital costs and shorter operating time etc.

Based on the usability, the surgical staplers market is segmented into reusable surgical staplers and throwaway surgical staplers. A throwaway surgical stapler decreases the possibilities of infections & the obstacle related with surgical measures. Based on the product, the market is segmented into open surgical stapler, skin stapler, linear cutter stapler, laproscopic surgical stapler and stapler reloads. Based on the mechanism market is segmented into powered surgical staplers and manual surgical staplers. Based on the procedures, the market is segmented into, urology, parenchymal, gastrointestinal procedures, gynecological and thoracic. Based on the surgical signal, the market is segmented into digestive zone, blood vessels, lung, skin, hernia, and others. Based on the delivery channel, the market is categorized into direct tenders and retail. In addition, based on end-user, the market is segmented into ambulatory centers, health centers and hospitals.

The Occupational Safety and Health Administration (OSHA), United States Environmental Protection Agency and U.S. Food and Drug Administration (FDA) are the regulatory authorities having strict rule on monitoring & regulating the amount of therapeutic waste that is created. In addition, the Affordable Care Act (ACA) and Medicaid are joint central and state programs, which are responsible for helping with medicinal costs with incomplete income & resources.

The market of North American surgical staplers is primarily driven by rise in performance of advanced technologies. Some of the other aspects hindering the market are bariatric procedures, growing number of weight loss surgeries, ageing of population, rise in the number of surgeries, commence of public healthcare programs, fast dissemination of healthcare insurances and rapid increase in the existence of diseases for instance cardiovascular problems, obesity, and cancer. Some of the limitations associated with the market growth are price contest in the industry, rising demand for advanced wound end materials (glues & fibrin sealants), severe safety regulations and side effects of being allergic or divergent reactions associated with products (steel or titanium).

In the North American region United States holds the leading share due to increase in demand of branded, standard drugs & medical devices. It is estimated that the North America surgical staplers market to grow US $2.3 billion, at a CAGR of 7.9 %, by 2023. In the upcoming years, it is expected that the future of the market to be more intense owing to the rise in technological advancements.

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Executive Education Market Research Reports, Industry Research Reports, Market Size, Business Growth, Major Universities in Executive Education : Ken Research

 The Executive Education Market Research Reports denotes to an academic programs at graduate-level business schools across the globe for executives, functional managers and the leaders of business. Moreover, the shorter executive education providers offer more comprehensive management training choices, such as the modular “Advanced Management Program” (AMP) served independently by numerous business schools. It is expected that the executive education is the toughest classroom as the programs are attributed with offering exclusive networking and personal career improvement opportunities for the participants, as well as benefitted for the universities to manage stronger alumni networks that also an advantage, traditional MBA program graduates with the networking, job opportunities and internships. In addition, the key players of this market are playing an important role by dominating the huge market share with the benefitted techniques of doing work which further proved to be beneficial for leading the fastest market growth more significantly across the globe in short span of time.

However unsurprisingly, the market of executive education is highly fragmented with the organized and unorganized market players whereas, it is expected that the organized market players are held effective market together. According to the research, it is stated that there are numerous key players which are recently performing in this market more significantly for acquiring the highest market share by providing better consumer experience includes MIT Sloan School of Management, Stanford Graduate School of Business, UCLA Anderson School of Business, Columbia Business School, Kellogg School of Management, Indian institute of Management, Indian School of business, National Institute of Financial Management, Harvard Business School, National HRD Network, Jaro Education and several others. Moreover, the key players of this market across the globe are investigating and analysing the key strength of competitors for ruling across the globe which become profitable for leading the fastest Executive Education Business Growth more effectively during the forecasted period.

Indian Executive education market has been well-defined as the revenues produced from the part time executive education programs that are accessible within the institutes as well as through virtual means by all the private, public and foreign B-school institutes in India. In addition, with the effective applications of the executive education, the market of this is spread across the globe more actively which mainly includes highly developed region which includes North America, Europe, Asia Pacific, Middle East and Africa and Rest of the world. Whereas, it is expected that the North America region control the handsome amount of share more effectively whereas, the Asia Pacific is demonstrating an effective market growth more significantly by providing better consumer satisfaction during the forecasted period.

The executive education market across the globe is exceedingly competitive, although the professionals are keen to register with those institutes that have expanded with the widespread popularity in the market. Therefore, in the near future, it is expected that the market of executive education will increase more significantly across the globe over the recent few years.

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Landscape Of The Cognitive Systems And Artificial Intelligence In BFSI Market Outlook: Ken Research

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The rising demand for the digital technology and transforming consumer demands across the globe has led the BFSI players to accept the cognitive systems and AI employment in their operations to deal with the ever-changing regulatory and compliance laws to face the market perils and understood both income tax and corporate tax laws in an efficient manner. Whereas, the BFSI is the second most consumer data-centric industry around the globe, where players have a package of new business opportunities from cognitive systems and artificial intelligence. It is a progressing data-driven technology that works on on-premises and cloud-based software. In addition, BFSI players with cognitive systems and artificial intelligence also presently a strong existence in analyzing consumer behavior patterns to bring new facilities and is finding new distribution channels for financial institutions. Not only has this, but the key players of this market are also playing an important role by doing attractive developments in the technology for leading the fastest market growth and attaining the highest market share around the globe more significantly during the forecasted period.

According to the report analysis, ‘Cognitive Systems & Artificial Intelligence in BFSI Market - Global Drivers, Opportunities, Trends, and Forecasts to 2022’ it states that there are several key players which are presently functioning in this market more significantly for leading the foremost market share around the globe by adopting the profitable strategies and policies for making significant developments in the technology and techniques of doing improvement includes IBM Corp., MicroStrategy Incorporated, Rocket Fuel, Infosys Limited, Synechron, Next IT Corp, IPsoft Inc., Brighterion, Inc., Inbenta Technologies Inc., Narrative Science, Quandl Inc., andAlphaSense, Inc. Moreover, the financial institutions generate a competitive improvement with the usage of these technologies. The prominent global financial institutions are investing in AI space, and thus, BFSI is the most worthwhile investment destination for cognitive systems and AI key stakeholders.

Although, with the significant investment by the key players and applications the use of cognitive systems and artificial intelligence in the BFSI market is spread across the globe more efficiently. The Americas is set to outperform for the market growth followed by Europe. The American Fintech ecosystem, fluctuations in customer expectations, government regulations, and the country's technological developments drive the innovation in AI technologies. The Asia Pacific is anticipated to be the fastest rising market in the upcoming years. Not only has this, But The US, the UK, Germany, China, Japan, Canada, and Singapore are also some of the few countries which are majorly focusing on developing AI technologies for the industrial and governmental usage.

Additionally, according to the research, the Artificial Intelligence & Cognitive Systems and Artificial in BFSI will witness an effective CAGR of 45.9% during the forecast period of 2016-2022. The growing utilization of cloud-based solutions in the BFSI industry, increasing requirement for the data-driven solutions, growth in the internet banking penetration, and scope of deriving market risk are promoting the market growth. Therefore, in the near future, it is expected that the cognitive systems and artificial intelligence in the BFSI market will increase around the globe more efficiently over the recent few years.

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South Africa Car Rental and Leasing Market is Driven by the Expansion of User Base Due to the Rising Popularity of E-Hailing Cab Services in the Country: Ken Research

Increasing population and internet penetration along with increasing business car rental due to consistent bookings from corporate customers to attend events such as exhibitions, conferences, workshops and meetings projects has driven the growth of car rental and leasing market in South Africa.

South Africa Car Rental and Leasing market augmented positively from 2013 to 2018 at a positive CAGR during the review period 2013-2018. The car rental and leasing market was largely dominated by foreign companies operating in the country including Avis, Hertz, Budget and Europcar. Car rental and leasing market in South Africa was driven by business car rental due to consistent bookings from corporate customers to attend events such as exhibitions, conferences, workshops and meetings. Industry players also formed strategic partnerships with each other to boost sales. In 2013, online cab aggregators entered the South African transportation industry with the launch of Uber in Johannesburg. Uber and Taxify are the major players in the cab aggregator market. At numerous occasions, violence has erupted between metered taxi operators and online cab aggregator drivers in the country as the metered taxi operators accused the online cab aggregators of stealing business and competing unfairly due to low fares which could not be matched.

Analysts at Ken Research in their latest publication “South Africa Car Rental and Leasing Market Projections to 2023 - By Business Model (Self Drive, Cab Aggregator, Car Leasing, Minibus Taxi, Metered Taxi and Airport Transfers) and By End User (Mining, Logistic & Courier and Others)” believe that greater flexibility in car hiring system by corporate booking and long term leasing services companies, strict implementation of rules for governing taxi market, better access to internet services at reasonable rate, promotion of ride sharing, provision of more value added services, improvement in driver and rider safety and tie- ups and collaborations between different companies will aid the car rental and leasing companies and cab aggregators to grow and achieve higher profits.

South Africa Car Rental and Leasing market is highly concentrated with the presence of few big players constituting majority of the market. The major competition parameters are price, fleet variations, value added services offered, age of the car and ease of availability. A major reason for increase in car rental and leasing market will be utilization of rental and leased vehicles for executing jobs in app based taxi market. Hence, as the online cab aggregators market expands, it will also increase the demand for car rental and leasing market. The roll-out programme for e-Visas in South Africa along with the low valuation of rand should make South Africa a thriving tourist destination for foreign travelers in the future, thus expanding the car rental industry too. Moreover, businesses such as renting a car on per day basis to professional drivers for use as a commercial purpose such as using it for ferrying tourists or for using it to fulfill short term needs of other companies is expected to increase the revenues of car rental and leasing companies in the future.

Keywords:-

South Africa Car Rental And Leasing Market

Self Drive Market South Africa

South Africa Cab Aggregator Market

Northern South Africa Taxi Market

Southern South Africa Taxi Market

Eastern South Africa Taxi Market

Western South Africa Taxi Market

South Africa Taxi Market

Challenges South Africa Car Rental

Minibus Taxi Market In South Africa

Metered Taxi Market In South Africa

Airport Transfers In South Africa

Fuel Prices In South Africa Taxi Market

Transport Structure In South Africa

South Africa Tourism Taxi Market

South Africa Uber Market

South Africa Taxify Market

South Africa Uber Company Profile

South Africa Hertz Company Profile

South Africa Europcar Company Profile

South Africa Avis Company Profile

Key Segments Covered:-

South Africa Car Rental and Leasing Market:

By Region:

Northern South Africa

Southern South Africa

Eastern South Africa

Western South Africa

By Type of Booking:

Online Booking

Offline Booking

By Type of End Users:

Mining Company Executives

Logistic and Courier Companies

Financial Institutions, Consultancy, Hospitality Industry and Others

South Africa Cab Aggregator Market:-

By Region:

Northern South Africa

Southern South Africa

Eastern South Africa

Western South Africa

Key Target Audience:-

Car Rental Companies

Car Leasing Companies

Online Cab Aggregators

Taxi Companies

Private Equity Ventures

Time Period Captured in the Report:-

2013-2018 – Historical Period

2019-2023 – Future Forecast

Companies Covered:-

Car Rental and Leasing Companies:-

Avis Budget Group Inc, Europcar Groupe SA, Hertz Corp, First Car Rental SA and Imperial Holdings Ltd, Uber and Taxify

To know more, click on the link below:-

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/south-africa-car-rental-leasing-market/181686-100.html

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https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/russia-car-rental-market/142799-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/kuwait-vehicle-leasing-market/175021-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/australia-car-rental-market/142320-100.html

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