Keyword
compound annual growth rate
Telematics subscribers using embedded systems to reach 170 million worldwide by 2021, from 26.5 million at the end of 2015: report
December 21, 2016 by Canadian UnderwriterThe number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 36.4% from 26.5 million subscribers at the end of 2015 to 170.2 million subscribers at the end of 2021, according to…
Blockchain for enterprise applications market to reach US$19.9 billion by 2025: report
December 14, 2016 by Canadian UnderwriterThe blockchain for enterprise applications market will reach US$19.9 billion by 2025, according to market intelligence firm Tractica. The Blockchain for Enterprise Applications report, released on Wednesday, said that annual revenue for enterprise applications of blockchain will increase from US$2.5…
Global aerospace insurance market to decline slightly from 2016 to 2020, new research suggests
November 30, 2016 by Canadian UnderwriterThe global aerospace insurance market will decline at a compound annual growth rate of -0.37% during the period from 2016 to 2020, according to a new report from Research and Markets. The Global Aerospace Insurance Market 2016-2020 report, released on…
Global insurtech market forecast to grow at compound annual growth rate of more than 10% between 2016 and 2020, new report suggests
November 24, 2016 by Canadian UnderwriterThe global insurtech market is forecast to grow at a compound annual growth rate of more than 10% between 2016 and 2020, according to a new report from global technology research and advisory company Technavio. The market research report, titled…
Global UBI market to reach US$123 billion by 2022, upsurge in demand expected from Canada and U.S.: report
November 23, 2016 by Canadian UnderwriterThe global usage-based insurance (UBI) market is expected to garner US$123 billion by 2022, growing at a compound annual growth rate of 36.4% from 2016 to 2022, according to a new report from Allied Market Research (AMR). According to the…
Total insured value of U.S. residential and commercial coastal properties now exceeds US$13 trillion: AIR
November 11, 2016 by Canadian UnderwriterThe total insured value of exposed residential and commercial properties in coastal counties in the United States now exceeds US$13 trillion, according to a new report from AIR Worldwide. The catastrophe risk modelling firm released the report titled The Coastline…
Worldwide revenue for security technology to surpass US$100 billion in 2020: International Data Corporation
October 13, 2016 by Canadian UnderwriterWorldwide revenues for security-related hardware, software and services will grow from US$73.7 billion in 2016 to US$101.6 billion in 2020, according to the International Data Corporation’s (IDC) first Worldwide Semiannual Security Spending Guide. The report, released on Wednesday, said that…
Autonomous cars will reach sales of 24 million units in 2030 from 0.2 million in 2020: research report
October 5, 2016 by Canadian UnderwriterThe first autonomous cars will debut in 2020, with the total number of new registrations forecasted to grow at a compound annual growth rate (CAGR) of 62% from 0.2 million units in 2020 to reach 24 million units in 2030,…
Global IT spending forecast to reach US$2.7 trillion in 2020, led by financial services, manufacturing and healthcare
August 29, 2016 by Canadian UnderwriterWorldwide revenues for information technology products and services will grow from nearly US$2.4 trillion in 2016 to more than US$2.7 trillion in 2020, according to the International Data Corporation (IDC). A newly published update to the Worldwide Semiannual IT Spending…
Global drone market to reach US$4.2 billion by 2025, North America to lead with 1.4 million drones: report
August 15, 2016 by Canadian UnderwriterThe global commercial and military drone market will reach US$4.2 billion by 2025, with a compound annual growth rate of 9.2%, a new report has suggested. Research and Markets, a global market research store, released their 90-page Commercial and Military…
Global spending on 3D printing expected to surpass US$35 billion in 2020: International Data Corporation
August 12, 2016 by Canadian UnderwriterGlobal revenues for the 3D printing market are expected to reach US$35.4 billion in 2020, over twice the US$15.9 billion forecast for this year, according to a recent update to International Data Corporation’s (IDC) Worldwide Semiannual 3D Printing Spending Guide.…
Global cybersecurity market to grow from US$122.45 billion to US$202.36 billion by 2021: report
August 10, 2016 by Canadian UnderwriterThe global cybersecurity market is set to grow from US$122.45 billion in 2016 to US$202.36 billion by 2021 at a compound annual growth rate (CAGR) of 10.6%, according to a recent report from Research and Markets. The Cyber Security Market…