Friday, February 10, 2023

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 During the recent scenario, the market space is very vivacious in nature. In an endeavor to cope with such frequent deviations, market participants are aggressively in the necessity of research and consulting studies. The Ken Research as an originator of market intelligence research reports and wide-vacillating aggregator, equity, and region research reports dispenses business intelligence and working consultative crosswise 300+ vertical underscoring the inflammatory technologies, emerging business models along the routine analysis and accomplishment case studies.

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Thursday, February 9, 2023

Germany Car Finance Market is expected to grow at a robust CAGR, owing to the emergence of online car finance applications as well as adoption of digital technologies: Ken Research

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Germany Car Finance Market is in the growing stage, owing to the emergence of online car finance applications, adoption of digital technologies for car financing and increasing vehicle prices. The Car Finance Industry in Germany is highly fragmented with key players such as Volkswagen Bank GmbH, Mercedes-Benz Bank AG, Banque PSA Finance S.A., Bank11 für Privatkunden und Handel GmbH, Süd-West-Kreditbank Finanzierung GmbH, Deutsche Bank AG etc.

  • Germany Car Finance Market is witnessing robust growth in terms of production and demand as Germany is the world's largest market for Cars.
  • Germany Car Finance Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022P-2027F).
  • The inflation in commodity prices has compelled car manufacturing companies to increase vehicle prices in the last few years.

Digitalizing Car Finance Industry: Financial services institutions are implementing digital solutions at a faster pace to remain competitive. Advance technologies like block chain, AI, digital payment systems, and online mobile banking system, are the most prominent technologies used by financial industries today to provide the best car finance services to clients. Moreover, going digital can solve many challenges and deliver real benefits for both parties. “Going digital” helps foster, maintain, and grow the relationship between the dealer and their customers. Furthermore, new advances in digital and cloud technology have created valuable new innovations and trends in auto financing. This now enables auto dealers to manage all aspects of their lending program. It is used to take several days to process the application manually. However, due to digitalization and advancement in technologies, the same process takes only a few minutes now. Therefore, customers can easily avail quick and hassle-free credits which is further boosting the Car Finance Market in Germany.

Prevalence of Car Loan Among Millennial Population: German millennials' attitude regarding cars show that majority of Germans born since 1980, now own or lease a vehicle, which is more than the entire EU. Today, the usage of cars is more common among millennials in Germany, than in the entire EU. Among young Germans, majority said they would prefer to purchase a vehicle with a combustion engine, while only a few said they would choose an electric or a hybrid vehicle. As younger consumers have become more susceptible to financing their automotive purchases than previous generations, car financing has grown in popularity in Germany during the past several years. Therefore, Germany's millennials prefer loans and paying installments which is expected to increase and boost the Car Finance Industry in Germany during the forecast period.

Analysts at Ken Research in their latest publication Germany Car Finance Market Outlook to 2027F – By Vehicle Type (New Car, Used Car), By Type of Car (Hatchbacks, Sedans, Luxury Cars, Sports Utility Vehicle), By Provider (Banks, NBFCs, OEMs and Others) observed that Germany Car Finance Market has shown considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to emergence of online car finance applications, the adoption of digital technologies for car financing and increasing vehicle prices. The Car Finance Market in Germany is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report

By Vehicle Type

New Car

Used Car

By Type of Car

Hatchbacks

Sedans

Luxury Cars

Sports Utility Vehicle

By Provider

Banks

NBFCs

OEMs

Others

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By Percentage of Amount Sanctioned

Less than 25%

25-50%

51-75%

More than 75%

By Tenure of Loan

Less than 3 Years

3-5 Years

More than 5 Years

By Region

South-West

South-East

North-West

North-East

By Booking Mode

Online

Offline

Key Target Audience

Government Bodies and Regulatory Authority

Fintech Companies

Investors and Financiers

Venture Capitalist

New Market Entrants

Banks and its Subsidiaries

NBFCs

Captive Finance Companies

Automobile Companies

Car Dealers

Existing Car Finance Companies

OEM Dealerships

Auto mobile Associations

Request For Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2Mjkw

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

Companies Covered:-

Volkswagen Bank GmbH

Mercedes-Benz Bank AG

Banque PSA Finance S.A.

Bank11 für Privatkunden und Handel GmbH

Süd-West-Kreditbank Finanzierung GmbH

Deutsche Bank AG

Nordfinanz GmbH

Auto Empire Trading GmbH

smava GmbH

MCE Bank GmbH

Key Topics Covered in the Report:-

Germany Car Finance Market Overview

Germany Car Finance Market Segmentation

Ecosystem of Germany Car Finance Market

Market Share of Major Players in Germany Car Finance Market

Industry Analysis of Germany Car Finance Market

Value Chain of Car Finance Market in Germany

Key Growth Drivers of Germany Car Finance Market

End User Analysis of Germany Car Finance Market

Key Challenges of Germany Car Finance Market

SWOT Analysis of Germany Car Finance Industry

Future Outlook of Germany Car Finance Market

Trends and Development of Germany Car Finance Market

For more insights on the market intelligence, refer to below link:-

Germany Car Finance Market

Related Reports by Ken Research:-

Australia Car Finance Market Outlook to 2028F

Oman Car Finance Market Outlook to 2027F

China Car Finance Market Outlook to 2028F

Customer Satisfaction Survey Drives Customer Loyalty and Business Growth: Ken Research

 If you reach this page, you probably run your own business or deal with clients and want to know why gathering their opinions may be obligatory for you. At the outset, you need to know that Ken Research as one of the best Customer Satisfaction Survey Companies is having a team of experts and tools for collecting customer feedback utilizing online surveys, you can listen to customers’ voices and analyze them, making changes in the company reliant on them. Thanks to our experts, you can conduct both transactional and relationship surveys. However, we also understand that, in some cases, surveys will not be perfect for all of you.

Hence, being professional in gathering feedback, we tried to collect reliable causes for you to do so in this content. Perhaps you will opt for online surveys for this determination, or perhaps choose other solutions – this is your decision, and we want to carry you with as much information as possible to make it as easy as possible.

How to Measure Customer Satisfaction?

Customer satisfaction can seem like an imprecise concept, but there are concrete manners to measure it. You can source a customer satisfaction score by conducting CSAT surveys, for example, these are typically short, one- to two-question surveys proposed at the end of the business transaction. A classic question is “How satisfied are you with the product?” with feedback varying from “very satisfied” to “very unsatisfied.”

Although CSAT is one part of customer satisfaction, it is far from the only measure. Businesses also utilize Net Promoter Score surveys to determine whether their customer are detractors, promoters, or passives.

Why Customer Satisfaction Survey in 2022 is Important?

Different organizations are aware that customer satisfaction is the most imperative asset they have. However, collecting feedback from customers on an unremitting basis is not always seen as a priority, sometimes because no one is quite sure how to do it. We take a closer look at how online surveys can assist you to understand your customers and improve loyalty.

Customers have ever-growing options for online methods of communication at their fingertips, hence there is really no excuse for a business not understanding precisely what the user wants. Gathering customer feedback on prevailing products and services will carry you the insight to drive future decisions, resulting in a true customer-orientated business.

Rise your brand with Customer Satisfaction Survey Report

Studies demonstrate that satisfied customers tend to develop brand loyalty, leading to repeat business. They often spread the word by recommending services and products to friends and family as an informal referral procedure. You can form trust and loyalty by creating branded surveys that will incorporate the look and feel of your organization into your surveys.

Customer satisfaction surveys by Top Customer Satisfaction Companies gather precise information about negative and positive feedback or perceptions that could improve marketing or sales efforts. The continued growth of social media means thousands of potential customers can see comments about a brand almost instantaneously. By utilizing the opportunity to gather information and function you care about your reputation as a customer-friendly brand that truly aims to serve customers.

Associate with your customers

Online surveys by one of the best Customer Satisfaction Research Studies Companies allow you to arrive at your customers in many ways, especially as state-of-the-art software means all surveys are mobile-responsive. By reaching out to customers via emails, web links, SMS, and social media, you can reach individuals pretty much anywhere and at any time. If for some causes you are not able to associate with the internet, something that is becoming less and less likely, you can gather data offline and download it when you get back to the office.

The Germany Car Finance Industry has grown steadily in the last five years owing to the rising prices of cars as well as the increased demand for luxury cars: Ken Research

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The Car Finance Market in Germany saw a steady growth in the period of 2017-2021, and the market is expected to grow at a robust CAGR in the forecasted period.

Germany Car Finance Market Overview: The Germany Car Finance Market is currently at the growth stage due to increased demand for luxury cars as well as the surging car prices. The Car Finance Market in Germany is highly fragmented with many players. Production and demand for cars has increased in Germany as it is the world's largest market for automotive. E-Mobility and alternative drive technologies are creating a new business segment for the Car Finance Industry in the nation.

Increased Demand for Luxury Cars: The primary driver behind the growth of Car Finance Market in Germany is an increase in consumer demand for luxury cars in the country. Compared to previous year, the overall penetration rate of car finance in Germany has expanded significantly due to the rise in automobile consumption, modifications in residents' consumption notions, and improvement in the consumer finance sector.

Surging Prices of Cars Fuels the Market Growth: The inflation in commodity prices globally has compelled car manufacturing companies to increase vehicle prices in the last few years. In Germany, the need for borrowing when purchasing a car is logical, given that the purchase cost is typically insufficient to cover one's own income or assets. Few car buyers actually have the money saved, thus the majority of them must use an auto loan to buy the desired car. Germany's primary mode of transport is the automotive, which the Germans value above all else. People in Germany choose to take out loans since the average cost of a new car is relatively high. The car loan's interest rate is low since the vehicle can be used as collateral up until the last payment is made. Therefore, due to the low-interest rates, people prefer loans to buy car which is driving the Car Finance Market in Germany.

Analysts at Ken Research in their latest publication Germany Car Finance Market Outlook to 2027F – By Vehicle Type (New Car, Used Car), By Type of Car (Hatchbacks, Sedans, Luxury Cars, Sports Utility Vehicle), By Provider (Banks, NBFCs, OEMs and Others) observed that Germany Car Finance Market has shown considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to emergence of online car finance applications, the adoption of digital technologies for car financing and increasing vehicle prices. The Car Finance Market in Germany is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report

By Vehicle Type

New Car

Used Car

By Type of Car

Hatchbacks

Sedans

Luxury Cars

Sports Utility Vehicle

By Provider

Banks

NBFCs

OEMs

Others

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2Mjkw

By Percentage of Amount Sanctioned

Less than 25%

25-50%

51-75%

More than 75%

By Tenure of Loan

Less than 3 Years

3-5 Years

More than 5 Years

By Region

South-West

South-East

North-West

North-East

By Booking Mode

Online

Offline

Key Target Audience

Government Bodies and Regulatory Authority

Fintech Companies

Investors and Financiers

Venture Capitalist

New Market Entrants

Banks and its Subsidiaries

NBFCs

Captive Finance Companies

Automobile Companies

Car Dealers

Existing Car Finance Companies

OEM Dealerships

Auto mobile Associations

Request For Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2Mjkw

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

Companies Covered:-

Volkswagen Bank GmbH

Mercedes-Benz Bank AG

Banque PSA Finance S.A.

Bank11 für Privatkunden und Handel GmbH

Süd-West-Kreditbank Finanzierung GmbH

Deutsche Bank AG

Nordfinanz GmbH

Auto Empire Trading GmbH

smava GmbH

MCE Bank GmbH

Key Topics Covered in the Report:-

Germany Car Finance Market Overview

Germany Car Finance Market Segmentation

Ecosystem of Germany Car Finance Market

Market Share of Major Players in Germany Car Finance Market

Industry Analysis of Germany Car Finance Market

Value Chain of Car Finance Market in Germany

Key Growth Drivers of Germany Car Finance Market

End User Analysis of Germany Car Finance Market

Key Challenges of Germany Car Finance Market

SWOT Analysis of Germany Car Finance Industry

Future Outlook of Germany Car Finance Market

Trends and Development of Germany Car Finance Market

For more insights on the market intelligence, refer to below link:-

Germany Car Finance Market

Related Reports by Ken Research:-

Australia Car Finance Market Outlook to 2028F

Oman Car Finance Market Outlook to 2027F

China Car Finance Market Outlook to 2028F

Australia Catering Services Market Is Expected to Grow Owing to High-Quality Catering Facilities and Services in Remote Locations and Technological Advancement: Ken Research

Australia’s Catering Services Market is at a growing stage and has a consolidated market with about the top 4 players accounting for majority of the share in the catering business in the country. The Catering Services Market in Australia has seen the emergence of more players over the past 5 years. Sodexo Australia, Compass Group, and Downer EDI Limited are market leaders in Australia.   

Australia Catering Services Market

Key Findings

  • There is a direct operational presence of all major global catering vendors in the top-tier cities of Australia as well as some large regional and local players in the market.
  • There is a growing emphasis among buyers toward sustainable sourcing and the adoption of technology to improve the customer experience and reduce waiting times for food.
  • Government/Defense Catering holds a significant share of the end-user segment of catering services in Australia. There are very few companies that exist in this sector.

Demand for Healthier Fresh Food among Corporate Buyers: The Australian catering services market is being aided by the increase in demand for healthier fresh food among corporate buyers. The food service operators will be shifting their focus on offering healthier meals prepared from fresh ingredients at the location's kitchen and decreasing their dependence on frozen prepared foods. The growing emphasis on the adoption of technology to improve the customer experience and reduce time wasted waiting for food will be augmenting the market growth in the future. The rapid increase of new catering businesses in the country will trigger a rise in the demand for specialized catering services. In the coming years, the suppliers will be improving their supply capability while adopting performance-based metrics for evaluation and performance monitoring, thus, providing further impetus for industry growth.    

Growing Health Consciousness around the country: Australia’s Catering services have included healthy eating options, such as organic foods, a balanced vegan diet, and healthy snacks due to the trend of growing health consciousness around the country. Locally sourced fresh farm produce will be in high demand for fruits, vegetables, and meat products, further driving the catering services market further. Frozen and processed food is being avoided due to rising quality concerns and issues related to food safety. The increase in the growing penetration of mobile-based payment solutions, such as Apple Pay, Samsung Pay, and Google Android Pay, gives customers the convenience of making payments through online wallets without the need to carry cash while reducing the time taken for payments at the counter, further invigorating the catering services market growth.

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Customized Menus and Dining Experiences: The Australian catering services market is being propelled forward as catering is being used as a talent attraction and retention tool by several corporate offices. An increasing number of companies are showcasing their dining services as an attraction by providing an additional employee benefit, rather than just a meal to attract and retain talent. The companies are offering customized menus and dining experiences to the employees at a subsidized rate, which is becoming a norm to attract and retain the best talent by enhancing employee satisfaction and morale. Such a holistic dining experience also encourages employees to eat together and build a sense of belonging to the company. This, as a result, will give rise to a lot of themed restaurants and fine-dining eateries on campus.   

Analysts at Ken Research in their latest publication Australia Catering Services Market Outlook To 2027F - By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Cateringobserved the potential of the Catering Services Market in Australia. The change in consumer preferences, health-conscious among the population, technological advancement in the catering business, increasing tourism, along with rising demand for ready to eat outdoor food and increased accessibility around the country is expected to contribute to the market growth over the forecast period. The Australia Catering Services Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.    

Key Segments Covered in the report

Australia Catering Service Market

  • By Type:
  • Contract catering
  • Non-Contract catering
  • By Length of Contract:
  • Short-Term
  • 1 year
  • More than 1 year
  • By End Users:
  • Industrial
  • Government
  • In-Flight
  • Corporate
  • Education
  • Event
  • Healthcare
  • Others

Key Target Audience

  • Airline Catering Companies
  • Fine Dining Caterers
  • School Caterers
  • Hotels
  • Industrial Caterers
  • Government Bodies
  • Facility Management Companies
  • Industries
  • Schools
  • Hospitals

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Time Period Captured in the Report:

  • Historical Year: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022– 2027F

Companies Covered:

  • Sirrom Corporation
  • Nisbet Australia
  • Alpha Flight Services
  • Life’s a party group
  • Compass Group
  • Sodexo Australia
  • Spotless Group Holdings Limited
  • Downer EDI
  • Luckman Catering
  • Fresh Catering
  • Damn Fine Food
  • Gastronomy
  • Yarra Valley Catering
  • Paella Amor

Key Topics Covered in the Report

  • Executive Summary of the Australian Catering Service Market
  • Australian Catering Service Market Introduction and Value Chain Analysis
  • Australian Catering Service Market Size, 2017-2022
  • Australian Catering Service Market Segmentation, 2022
  • Snapshot on Food & Beverage Industry
  • Best Selling MENUSs – End user segment-wise
  • Trends and Developments in Australian Catering Service Market
  • Issues and Challenges in Australian Catering Service Market
  • Porter's Five Forces Analysis for Australian Catering Service Market
  • Regulatory Framework in Australian Catering Service Market
  • Comparative Landscape in the Australian Catering Service Market
  • Australian Catering Service Market Future Outlook and Projections, 2022-2027F
  • Analyst Recommendations

For more information on the research reports, refer to below link:

Australia Catering Services Market Outlook To 2027F: Ken Research

Related Reports:

Kuwait Catering Services Market Outlook to 2027F: Ken Research

Qatar Catering Services Industry Outlook to 2024 (Third Edition) – Analyzing potential of incumbents to host World Cup 2022

Jordan Catering Service Market Outlook to 2022 - By Type of Catering (Event Catering, Government/Defense Catering, Industrial Catering, Airline Catering, School Catering and Hospital Catering)

UAE Catering Services Market Outlook to 2021 - Growing Airline Passengers and Enhancing Digital Technology to Foster Future Growth

Business Opportunity in Egypt Radiology Equipment’s Market: Ken Research

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1. The radiology equipment industry in Egypt has full-grown over the review Duration 2015-2020 due to supporting factors like the geriatric population and the transition of healthcare amenities from analogy to digital technologies.

Egypt Radiology Equipment market

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The radiology equipment market in Egypt has expanded at a significant growth rate over the forecasted period of 2015-2020. Factors like the geriatric population in the country and the transition of healthcare amenities from analogy to digital technologies have played a key role in helping this industry to grow over the past several years. The current growth indicates the bright future of the radiology equipment market in Egypt as the enhancement in the healthcare infrastructure is expected to produce the demand for such products in the coming years. Also, an increasing number of diseases and injuries will induce a high demand for this equipment in the next five years.

2. Presently, GE, Philips, and Siemens have been the leading competitors for all Radiology equipment with the highest number of Installed units.

Egypt Radiology Equipment market

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There are multiple players present in the Egypt Radiology Equipment Market, these include Philips, GE, Siemens, Toshiba, Fujifilm, DRTECH, Vieworks, Listem, Vila, DRGEM, Allengers, Bontech, iRay, Ecoray, WDM, SG Healthcare, Hologic, Technix, Ziehm Imaging, Shimadzu and more. They are working more proficiently to keep maintain the governing position, registering the great value of the market share, leading the highest market growth, obtaining the competitive edge, and generating the highest percentage of revenue by increasing the features and benefits of radiology equipment.

3. The sale of Refurbished and Pre-Owned Equipment, illegal imports and high duties and taxes are some of the Challenges faced by Companies, in the Egypt Radiology Equipment Market.

Egypt Radiology Equipment market

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Egypt is 100% import driven when it comes to the radiology equipment sector. It has very strict policies for importing Medical equipment in the country. 5-10% of import duties are levied on medical devices depending on the country of export. Asian Brands pay a higher import duty as compared to other brands. As a result, to avoid approvals and import duties, certain trading companies import products like C-Arm equipment into the country through illegal means. This impacted the growth of the radiology sector in Egypt. Not only this, the demand for Refurbished and Pre-owned equipment’s comparatively high in the country as these pre-owned equipment cost usually 40-50% less than a piece of brand-new equipment which further act as an add-on to the list of challenges of this segment.

Germany Mattress Market is expected to grow at a robust CAGR, owing to the increasing disposable income and the rising healthcare and hospitality sectors: Ken Research

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Germany Mattress Market

Germany Mattress Market is in its growing stage, owing to the increasing disposable income, increasing urbanization coupled with favorable government policies regarding real estate development and rising healthcare and hospitality sectors. The Mattress Industry in Germany is moderately fragmented with key players such as Inter IKEA Systems BV, Agro International GmbH & Co. Kg, Setex Textil Gmbh, Ravensberger, Gustav Dehler Matratzenfabrik GmbH etc.

Key Market Findings:

  • Germany Mattress Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022P-2027F).
  • Price is an important factor for consumers while buying products. Germans prefer quality products at affordable prices.
  • The market's expansion might be constrained due to the fluctuations in the cost of raw materials and production.

Increasing Demand for Personalized Mattresses: The consumer preference for customized mattresses is one of the major trends being observed in the Germany Mattress Market. Customization offers optimal support when sleeping for diverse body types related to the physiological dynamics of each consumer, such as height and weight, which vary. In addition, with most mattresses available in standard sizes, they do not always fit perfectly in customized bed frames; hence, in such cases, a customized mattress is preferred.

Growing Online Channel: Many of the firms on the German Mattress Market see success from their online mattress sales. Customers have the flexibility to select the firmness level and variety of mattresses offered by the online vendors. Start-up businesses are entering the market and selling universal mattresses to the consumers there. These businesses use clever concepts and technological innovation to make online mattress purchases intriguing by giving them various names.

Germany Mattress Market

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Growing Commercial Sector: Based on end use, the commercial sector is anticipated to experience a higher CAGR during the forecast period. The rising healthcare and hospitality sectors are the primary forces behind the market expansion of this category. Major firms are releasing specialty mattresses appropriate for multifunctional hospital beds in an effort to take advantage of the growing demand for mattresses from the healthcare sector. In the coming years, the demand for high-end and customized mattresses is expected to soar in the hotel business, much as how the tourist sector is growing.

Analysts at Ken Research in their latest publication Germany Mattress Market Outlook to 2027F – By Product Type (Innerspring Mattresses, Memory Foam Mattresses, Latex, Alternating Pressure, Gel and Hybrid), By Size (Single, Double, Queen-size and King-size), By End User (Residential and Commercial) observed that Germany Mattress Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increasing disposable income, increasing urbanization and rising healthcare and hospitality sectors. The Mattress Market in Germany is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report

  • By Product Type
  • Innerspring
  • Memory Foam
  • Latex
  • Alternating Pressure
  • Gel
  • Hybrid
  • By Size
  • Single
  • Double
  • Queen-size
  • King-size

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  • By End User
  • Residential
  • Commercial
  • By Distribution Channel
  • Specialty Stores
  • Furniture Retailers
  • Owned Franchise Stores
  • Online
  • Others

Key Target Audience

  • Government Bodies and Regulatory Authority
  • Fintech Companies
  • Investors and Financiers
  • Venture Capitalist
  • New Market Entrants
  • Mattress Manufacturers
  • Commercial Users

Time Period Captured in the Report:

  • Historical Period: 2017-2022P
  • Base Period: 2022P
  • Forecast Period: 2022P-2027F

Companies Covered:

  • Inter IKEA Systems BV
  • Agro International GmbH & Co. Kg
  • Setex Textil Gmbh
  • Ravensberger Matratzen GmbH
  • Gustav Dehler Matratzenfabrik GmbH
  • Bruno Interior GmbH
  • Ettkus GmbH
  • CIMO Schaumstoffe GmbH
  • Badenia Bettcomfort GmbH & Co. KG
  • Recticel Schlafkomfort GmbH
  • Allnatura Vertriebs GmbH & Co. KG

Key Topics Covered in the Report

  • Germany Mattress Market Overview
  • Germany Mattress Market Segmentation
  • Ecosystem of Germany Mattress Market
  • Market Share of Major Players in Germany Mattress Market
  • Industry Analysis of Germany Mattress Market
  • Value Chain of Mattress Market in Germany
  • Key Growth Drivers of Germany Mattress Market
  • End User Analysis of Germany Mattress Market
  • Key Challenges of Germany Mattress Market
  • SWOT Analysis of Germany Mattress Industry
  • Future Outlook of Germany Mattress Market
  • Trends and Development of Germany Mattress Market

For more information on the research reports, refer to below link:

Germany Mattress Market Outlook to 2027F: Ken Research

Related Reports:

Australia Hotel Mattress Market Outlook to 2025 – Hotel Supply Pipeline, New Bedding Technologies and Faster Hotel Refurbishments to Increase Hotel Bedding Spend in Future

Thailand Mattress Market Outlook to 2023 - By Size (King Size, Queen Size, Twin Size and Single Size), By Type (Spring, Foam, Latex and Others), By Region (Bangkok, Central excluding Bangkok, North, North East, East and South), By Distribution Channel (Retail Sales and Direct Sales)

South Africa Mattress Market Outlook To 2023 - By Size of Mattress (King Size and Super King Size, Queen Size, Double Size and Single and Three Quarter), By Type of Mattress (Spring, Foam and Latex, and Others), By Region (Gauteng, Limpopo, Western Cape, Kwazulu Natal, Free State, Eastern Cape and Others), By Type of Distribution Channel (Retail and Direct Sales), and By Organized and Unorganized

Saudi Arabia Mattress Market Outlook To 2023 - By Size of Mattress (King Size, Queen Size, Single), By Type of Mattress (Spring, Foam and Latex, and Others), By Type of Distribution Channel (Retail and Direct Sales), and By Market Structure (Organized and Unorganized)

Turkey Fitness Services Market Revenue is expected to grow at a CAGR of 18.2% from 2020-2025F: Ken Research

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1. Turkey’s fitness service market contributed 0.06% of Turkey’s GDP in 2020 Driven by the increasing number of health and fitness centres.

Turkey’s Fitness service market1

The fitness industry of Turkey is in a growing phase. However, the market has gained significant momentum during the last few years due to the shifting of the millennial generation to a healthier lifestyle. This shift spiked the demand for fitness centres within the country. Moreover, the increasing number of integrated services offered by the fitness centres such as Aero boxing, Zumba, Martial arts, swimming, and others to the customers has intensified the demand for these services in the country. As a result, the fitness service sector was able to contribute 0.06% of Turkey’s GDB in the year 2020.

2. Offline health and fitness centres dominate the market with the highest revenue contribution in the year 2020 driven by increasing health concerns.

Turkey’s Fitness service market2

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Offline health and fitness centres are highly in demand in Turkey due to the rising obesity rates and increased women’s participation in fitness centres. As a result, around 57% of the total revenue of the fitness service sector was generated by the offline service segment in 2020. But this does not make the online fitness services market any less. The online service sector has witnessed a huge acceptance over the years, especially during the COVID in Turkey. As a result, ~43% of the revenue was captured by the online health and fitness industry in Turkey within the same year. During that time, the digital fitness market grew at a CAGR of ~45% between 2017 and 2020.

3. Market is anticipated to show a double-digit growth of ~18% CAGR on account of the growing popularity of digital fitness applications and the expansion of low-cost fitness centres in the country.

Turkey’s Fitness service market3

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The majority of fitness centres are expected to adapt to “digital fitness” by offering online classes and incorporating fitness-based apps for at-home exercise, thus raising awareness among people about their health, which in turn will intensify the number of subscribers. As a result, Turkey Health and Fitness Centres will witness a massive spike in home-workout equipment. Additionally, the online fitness market will grow at ~23% CAGR and is expected to contribute the majority of the revenue share in the forecasted year. Owing to the growing popularity of the digital fitness applications and rising awareness about the health, the overall health and fitness industry of Turkey is expected to experience double-digit growth in just few years.

Mexico E-commerce Market Outlook to 2027F: Ken Research

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Driven by the rising internet infrastructure, wide range of payment methods available, flexibility in cross-border shopping and receptive consumers to contribute in the ample growth of e-commerce market potential in the coming years.

The market size and growth of E-commerce in Mexico: Enjoying a rapid annual growth rate of ~ %, the Mexican business-to-consumer e-commerce market is worth $~ Bn. That said, e-commerce has a long way to go before it unseats bricks-and-mortar sales as the dominant commerce channel in the country.  Online shopping accounts for just ~ % of the country’s overall retail market. Consumer electronics and travel are the most popular online shopping categories. Private investment is being complemented by the efforts of the Mexican government. Internet penetration has risen by ~% after reforms to telecommunications regulation made domestic internet packages cheaper and more readily available.

Mexico E-commerce Market

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Straightforward customs procedure is key to Mexico’s e-commerce growth: Cross-border shopping is a significant part of the Mexican e-commerce market, taking a quarter of total sales. Some ~% of Mexican e-consumers have shopped from an international site, suggesting international merchants hoping to break in to this market have a good chance of finding receptive customers. Mexico has a streamlined imports and customs clearing procedure which may also account for the popularity of cross-border shopping.

Mexico’s e-commerce payment options: Card is the dominant payment method in Mexico worth $~ billion in sales. Debit card penetration is high compared to credit cards. Cash and digital wallets tie as the second-most used payment method, each taking ~% share of the overall e-commerce payments market. The high use of cash, which is often used to settle payment on delivery, can be attributed to Mexico’s large unbanked population.

Analysts at Ken Research in their latest publication “Mexico E-commerce Market Outlook to 2027F- By Type of Product (Electronics, Fashion, Furniture, Food, Health and personal care, Toys and Others), By Geography (Domestic, Cross-border), By Payment Method (Card, Cash, Bank Transfer, Digital wallet and Others), By Sales Channel (Online, Offline) and By Age Group (18-24, 25-34, 35-44, 45-54 years).” observed the potential of the E-commerce market in Mexico. A large number of e-commerce companies are operating in the Mexico E-commerce Market. These companies compete on various parameters such as pricing of the product offered, payment method, product delivery time, presence on social media platforms, cross-border sales etc. The Mexico E-commerce Market is expected to grow at a CAGR of ~% over the forecasted period i.e., 2022-2027F.

Key Segments Covered in the report: -

Mexico E-commerce Market

By Type of Product:

  • Electronics
  • Fashion
  • Furniture
  • Food
  • Health and personal care
  • Toys

By Geography:

  • Domestic
  • Cross-border

By Payment Method:

  • Card
  • Cash
  • Bank Transfer
  • Digital wallet
  • Others

By Sales Channel:

  • Online
  • Offline

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By Age Group:

  • 18-24 Years
  • 25-34 Years
  • 35-44 Years
  • 45-54 Years
  • 55+ Years

Key Target Audience

  • E-Commerce Companies aiming to establish in Mexico
  • Mexico’s E-Commerce logistics industries
  • E-commerce startups
  • Ecommerce Vendors
  • Logistics industry
  • Shipping companies
  • Warehousing Companies
  • E-Commerce end users
  • Investors
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

  • Historical Year: 2017-2022P
  • Base Year: 2022P
  • Forecast Period: 2022P– 2027F

Companies Covered:

  • Amazon Mexico
  • Walmart Mexico
  • Liverpool
  • Coppel
  • Shein Mexico
  • Home Depot Mexico
  • Apple
  • Sam’s Club
  • Elektra
  • Grainger Mexico
  • Costco Mexico
  • Sears Mexico
  • El Palacio de Hierro
  • Bodega Aurrera
  • Nike
  • Privalia
  • Adidas Mexico
  • Suburbia
  • Sanborns

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Key Topics Covered in the Report

  • Overview of the E-Commerce Market in Mexico
  • Internet Penetration Rate and Number of Media Users in Mexico
  • The ecosystem of Major Entities in Mexico's E-Commerce Market
  • Market Size of Mexico E-Commerce Market
  • Average Ticket Size of E-Commerce
  • Mexico E-Commerce Market Segmentation
  • Trends and Developments in Mexico E-Commerce Market
  • Issues and Challenges in Mexico E-Commerce Market
  • Porter 5 Forces Analysis of Mexico E-Commerce Market
  • Government Regulations in Mexico E-Commerce Market
  • Impact of COVID-19 on Mexico E-Commerce Market
  • Cross Comparison of Major E-Commerce Players
  • Strengths and Weaknesses of Major E-Commerce Players
  • Company Profiles of Major E-Commerce Players
  • Future Market Size of Mexico E-Commerce Market
  • Mexico E-Commerce Market Future Segmentation
  • Analyst Recommendations
  • Industry Speaks
  • Research Methodology

For More Information on the research reports, refer to below link: -

Business Opportunities in Mexico’s E-Commerce Market

Related Reports by Ken Research: -

India Social E-Commerce Market Outlook to 2027

Taiwan E-Commerce Market Outlook to 2023

Wednesday, February 8, 2023

Morocco is witnessing the growth in the adoption of digital services such as cloud, big data, and IoT, which are driving the demand for data centers in the region: Ken Research

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Driven by digital transformation and increasing reliance on technology, the data center market in Morocco has ample growth potential in the coming years.

The shift in Consumer Preferences: Morocco's data center business expanded in recent years as a result of increased customer demand and data use. COVID-19 has accelerated the usage of data resulting in increased demand for bandwidth as well as storage capacities. The shift in consumer preferences toward social networking and online shopping has also increased the need for dependable data storage solutions. Additionally, big data, IoT, and cloud technology implementation and promotion are taking place in the nation.

Increasing Reliance on Technology and High Reliability: The pandemic has accelerated the adoption of digital technologies in Morocco, with the government introducing measures to control the spread of COVID-19 such as digital identity, COVID-19 contact tracing apps, and facial recognition software. Additionally, the data centers in Morocco are using redundant and advanced monitoring systems to ensure uptime and reliability. It is significant for mission-critical applications that must be available at all times.

Government Investment in Data Centers: The data center business in Morocco is developing with support coming from the Morocco government. For instance, Maroc Telecom received USD 1 billion from the Morocco government to develop telecoms infrastructure in the country. Data centers are becoming exponentially scalable with increasing volumes of data. Hyper-scale data centers can scale up quickly to meet the increasing demands. It also cuts down costs and reduces downtime.

Slow Internet Penetration and Balancing Cost Controls with Efficiency: Due to poor internet speeds and limited internet adoption, Morocco lacks a sizable base of wealthy clients. Also, in data centers, maintaining great efficiency while keeping costs down is incongruous. The datacenter administration calls for strict cost control in addition to ensuring the facility's effectiveness, creativity, and adaptability. Additionally, the roll-out of the data centers at scale in Morocco in 2020 has been significantly delayed, which reduces the amount of available data storage capacity.

Analysts at Ken Research in their latest publication Morocco Data Center Market Outlook to 2027F - - Demand for Low Cost Data Centers along with Higher Capacity is expected to grow in the near future observed the potential of the Data Protection Market in Morocco. The increasing reliance on technology, rising investment to expand Capacity, digital transformation along with government incentives are expected to contribute to the market growth over the forecast period. The Morocco Data Center Market is expected to grow at 8.1% CAGR over the forecasted period 2022-2027F.

morocco-data-center-market

Key Segments Covered:-

Morocco Data Center Market

By Vertical

Co-Location

Managed

By Co-Location

Retail

Wholesale

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By Type of End User

Telecom and IT

BFSI

Government

E-Commerce

Others

Key Target Audience:-

Data Center Companies

Cloud Providers (Domestic and Global)

Managed Data Center Companies

Co-Location Data Center Companies

Private Equity and Venture Capitalist

Industry Associations

Data Center Constructors

Technology Providers

Time Period Captured in the Report:-

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2022– 2027F

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Companies Covered:-

N+One Data Center

INWI

Atlas Cloud Services Data Center/ Benguerir Data Center

Maroc Telecom

Etix Data Center

Maroc Datacenter (Medasys)

Cires Telecom

Hostoweb

Key Topics Covered in the Report:-

Market Overview and Genesis of Morocco Data Center Market

Business Cycle and Timeline of Morocco Data Center Market

Market Size Analysis of Morocco Data Center Market, 2017-2022

Segmentation of Morocco Data Center Market, 2022 (by Vertical, By Co-Location, By Type of End Users)

SWOT Analysis of Morocco Data Center Market

Regulation in Morocco Data Center Industry

Challenges and Bottlenecks in Morocco Data Center Market

Trends and Developments in Morocco Data Center Industry

COVID Impact on the Morocco Data Center

Competition Framework of Morocco Data Center Market

Future Market Size Analysis of Morocco Data Center Market, 2022-2027F

Future Market Segmentation Analysis of Morocco Data Center Market, 2027F

Case Study of China Telecom Corporation Limited

Analyst Recommendations

For more insights on the market intelligence, refer to below link:-

Morocco Data Center Market

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Malaysia Data Center Market Outlook to 2026 - Growing Demand from SMEs, Rising Internet Penetration Rate, and Rising Number of Facilities to Drive the Malaysian Data Center market in the near future

Indonesia Data Center Market Outlook to 2026 - Growing Tech Savy Population, Internet Penetration Rate, and Rising Number of Facilities to Drive the Indonesia Data Center market in the near future

UAE Data Center and Cloud Services Market Outlook to 2026F – Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services