Market Insights

  The facility management (FM) industry is experiencing significant growth, driven by factors like increasing urbanization, rising demand for modern workplaces, and growing cost optimization needs from organizations. The market size is estimated to be around ₹14.86 trillion (USD 180 billion) in 2024, and is projected to reach a staggering ₹21.21 trillion (USD 255 billion) by 2029, boasting a Compound Annual Growth Rate (CAGR) of 7.37%. This expansion signifies the crucial role FM plays in ensuring efficient and productive workplaces. Navigating the Roadblocks Despite the optimistic outlook, the Indian facility management industry faces its share of challenges: Fragmented Market:  Similar to the logistics sector , the FM industry is fragmented, with a mix of established players and numerous small, unorganized service providers. This can lead to inconsistent service quality and challenges in maintaining standardization. Skilled Workforce Shortage...

The mobile landscape is constantly evolving, and along with it, the value-added services (VAS) market is experiencing tremendous growth. VAS refers to the additional services offered by mobile network operators (MNOs) beyond basic voice and data connectivity. This encompasses a wide range of offerings, from mobile gaming and music streaming to mobile wallets and location-based services. Value Added Services Market Size: A Promising Trajectory The global value-added services market size is currently experiencing a significant upswing. According to industry reports, the market was valued at around USD 619.43 billion in 2024 . This positive trend is expected to continue, with projections indicating a Compound Annual Growth Rate (CAGR) of 11.6% until 2031, reaching a staggering USD 1.36 trillion mark. This growth is fueled by several key factors. Value Added Services Market Trends: Propelling Growth Several trends are propelling the value-added services market forward : ·   ...

  The packaging industry plays a critical role in our daily lives, safeguarding products, extending shelf life, and influencing purchasing decisions. But how big is this market, and what are the driving forces shaping its future? This report delves into the packaging market size, revenue, segmentation, growth rate, trends, and challenges that paint a comprehensive picture of this ever-evolving landscape. Packaging Market Size and Growth Rate Estimates on the global packaging market size vary depending on the research firm. A Research Firm puts the fig ure at a staggering USD 1.25 trillion in 2025, with a projected growth rate (CAGR) of 3.89% until 2030, reaching USD 1.49 trillion . Despite the discrepancies, both reports point towards a steadily growing market fueled by several key factors. Packaging Market Segmentation The packaging industry is a diverse ecosystem, categorized based on material, type, and end-use application. Material Segmentation: Plastic...

  The third-party logistics (3PL) industry is a behemoth, playing a critical role in the global supply chain. By outsourcing logistics needs to 3PL providers , businesses gain access to expertise, infrastructure, and cost-efficiencies that can be difficult to achieve in-house. Let's delve into the current size, key trends, and the exciting future of this ever-evolving landscape. Market Size and Growth Trajectory Estimates vary slightly, but the consensus points to a massive and rapidly growing 3PL market . According to a report, the global market size at a staggering USD 1.29 trillion in 2024, projected to reach USD 1.68 trillion by 2029 a t a Compound Annual Growth Rate (CAGR) of 5.48%. Several factors contribute to this growth: E-commerce Surge:  The exponential rise of e-commerce has fueled the demand for efficient order fulfillment services, a core strength of 3PL providers. From warehousing to last-mile delivery, 3PLs offer solutions tailored to ...

The global remittance market , facilitating the transfer of money across international borders, is a dynamic and rapidly evolving sector. Driven by factors like globalization, technological advancements, and increasing demand for convenient and affordable financial services, the market is expected to continue its upward trajectory. However, navigating this landscape requires a keen understanding of the challenges and opportunities that lie ahead. This article explores the current state of the remittance market, analyzes key trends and players , and identifies critical factors for success in this ever-changing environment. Market Dynamics and Growth: The global remittance market reached a staggering USD 773 billion in 2023 , and it is projected to surpass USD 1 trillion by 2028 , growing at a compound annual growth rate (CAGR) of 7.3% . This bold growth is indicative of the increasing reliance on remittance services by individuals sending money to families and supporting economi...