Online food delivery, as the name suggests, is a service that enables customers to order their favourite food items via a mobile application or a website and get them delivered to their doorstep. It is the end result of some path-breaking innovations in the ‘food tech’ space that have leveraged advancements in software and technology in order to completely revolutionize the food delivery experience for the customer.
According to the estimates by IMARC Group, the Indian online food delivery market is expected to grow at a staggering CAGR of 30.1% to clock a whopping US$ 21.41 Billion in revenue by 2026 from US$ 4.66 Billion in 2020. Increasing access to high-speed internet facilities, boosting sales of smartphones, growing working population, inflating income levels, rising trend of on-the-go food items and quick home delivery models that offer convenience, ready-to-eat and cheaper food delivery options are some of the major factors propelling the online food delivery market growth in the country. While the key market players like Zomato & Swiggy have thus far been concentrating on the three largest urban markets of Bangalore, Delhi & Mumbai, their focus is now shifting on smaller cities as well to capitalize on their strong growth potential. Furthermore, the COVID-19 pandemic has forced some of the leading players like Zomato, Swiggy, McDonald’s and Domino’s to think out of the box and introduce contactless delivery services to win customer confidence.
It is no surprise that the exponential growth trajectory and business potential of India’s food delivery industry has been attracting enough and more investor attention over the years, a phenomenon that has sustained even amid a global pandemic. This is perhaps what led to India’s unicorn food delivery giant Zomato launching its much-anticipated IPO to raise $1.3 billion in mid-July. This was India’s biggest IPO so far in 2021 and the first of a series of high-profile public listings by tech unicorns, taking the company’s valuation to a staggering ~$9 billion. Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah and has already secured multiple rounds of funding over the years from globally renowned funding behemoths such as Sequoia Capital, Ant Financial, Temasek, Tiger Global, etc. The secret sauce behind Zomato’s popularity and rapid growth has been its unending focus on innovation and agility and its ability to keep up with the increasingly dynamic food delivery landscape in a country full of foodies. The company has continuously leveraged technology to improve both the UX and UI which, supported by a robust IT backbone, has made the mobile application as well as the website increasingly user friendly, feature-rich and convenient over the years.
Interestingly, Zomato’s wildly successful IPO speaks volumes about India’s economy and investment landscape which, in spite of being bogged down by multiple waves of the COVID-19 pandemic, has shown exceptional resilience in bouncing back towards a growth trajectory. The proof of this lies in the fact that according to GlobalData, a total of 635 venture capital funding deals were closed in H1 of 2021 alone with a collective disclosed valuation of $9.7 billion. This investor confidence in the Indian economy has been fuelled by its strong underlying fundamentals, government-led initiatives like Startup India & Digital India as well as rapidly changing consumer spending and market demands which has collectively created a conducive environment for startups and MSMEs to thrive in. In fact, according to a recent report published by Nasscom, India, which is the third-largest startup ecosystem in the world as of today, will have more than 50 unicorns before 2021 is through and more than 100 unicorns by the year 2025!
Against this backdrop, there couldn’t have been a better time for MSMEs located outside of India to seriously consider expanding their business to India in order to capitalize on the country’s fast-evolving startup ecosystem and economic growth. A quick and relatively inexpensive way to plan business expansion to India is by taking the Professional Employer Organization (PEO) route. A PEO essentially offers cost-effective solutions relating to HR, payroll, benefits and risk management. In this context, it would help a foreign MSME hire a dedicated world-class team and establish a business setup in India within days without having to create a local permanent entity. The PEO would act as the Employer Of Record (EOR) in India on behalf of the foreign MSME while the team continues to work directly for the foreign company. Going the PEO route would also give the foreign company a chance to test the waters in the Indian market before choosing to make any long term commitments. In fact, by partnering with a renowned PEO In India like Remunance, foreign MSMEs would get the additional advantage of establishing crucial ecosystem connections in India right at the onset by taking advantage of the robust experience and industry-wide connections that Remunance has built over the years. After all, Remunance’s PEO services in India have already helped multiple foreign companies successfully expand their businesses to India and subsequently get funded or acquired at much higher valuations!
2020 saw a growing interest among businesses, in Professional Employer Organization or Employer of Record Services (PEO/ EOR).
This service can play a crucial role in not just helping businesses sustain, but also grow and expand.We will now try to understand, how businesses can simplify and pace up their process of business expansion while utilizing PEO services for their HR operations and what role we at Husys can play in the fulfillment of this ambition of yours, but before that, we’ll try and give you clearer a picture of what are PEO’s.What is Professional Employer Organization OR Employer of Record Service?A PEO is a professional employer organization, It is also known as EOR (Employer of record) in some countries, like the UK.
It’s a third-party organization that hires and pays an employee on behalf of another company and takes responsibility for all formal employment tasks.
PEO services include recruitment, payroll and benefits, on-boarding of new recruits, taxation, labor regulation compliance, and other statutory compliances.Using a PEO service, allows companies to legally and efficiently engage with overseas workers either in a new country or state, without having to set up a local entity or risk violating local employment laws.
Thus, making them a legal employer, and in charge of all of the liabilities of hiring, employing, and terminating workers.PEO’s provide small businesses with the infrastructure and resources to navigate about employment-related complexities, employee relation assistance and help them adjust to the rapidly changing business environment such that these businesses can focus on growth and market penetration instead of being bogged down by due compliances.As per data by NAPEO (National Association of Professional Employer Organizations), US, small businesses that use professional employee services, can grow 7-9% faster than those that use a more traditional approach, have reduced employee turnover by 10-14%, and are approximately 50% less likely to go out of business in trying times.PEO’s don’t just help small local business ventures grow.
They can also help remove the complications of setting up a new foreign subsidiary and help businesses cut down on excessive avoidable costs, by employing talented individuals on behalf of these businesses and handling all other essential related steps, ranging from drafting terms and conditions of employment contracts, to payroll, taxation and managing insurance schemes thus helping these foreign businesses with expedited market entry into lucrative Indian markets.
The Global PVC Window Profile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
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DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The Global Polyvinyl Alcohol Fibers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product type and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Polyvinyl Alcohol Fibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/52885-polyvinyl-alcohol-fibers-market-reportThe report also covers the complete competitive landscape of the global Polyvinyl Alcohol Fibers market with company profiles of key players such as:Anhui Wanwei Group Co., Ltd.E.
I. du Pont de Nemours and CompanyEastman Chemical CompanyKuraray Co. Ltd.Nippon Synthetic Chemical Industry Co.Sekisui Chemical Co. Ltd.Sinopec Sichuan VinylonSEGMENTATIONS IN THE REPORT:By Product TypeFilament FiberStapleOtherBy ApplicationCement AdditivesTextileNon-Woven FabricBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Polyvinyl Alcohol Fibers Market @ https://www.decisiondatabases.com/contact/download-sample-52885The Global Polyvinyl Alcohol Fibers Market has been exhibited in detail in the following chapters –Chapter 1 Polyvinyl Alcohol Fibers Market PrefaceChapter 2 Executive SummaryChapter 3 Polyvinyl Alcohol Fibers Industry AnalysisChapter 4 Polyvinyl Alcohol Fibers Market Value Chain AnalysisChapter 5 Polyvinyl Alcohol Fibers Market Analysis By Product TypeChapter 6 Polyvinyl Alcohol Fibers Market Analysis By ApplicationChapter 7 Polyvinyl Alcohol Fibers Market Analysis By GeographyChapter 8 Competitive Landscape Of Polyvinyl Alcohol Fibers CompaniesChapter 9 Company Profiles Of Polyvinyl Alcohol Fibers IndustryPurchase the complete Global Polyvinyl Alcohol Fibers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-52885Other Reports by DecisionDatabases.com:Global Nanofibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Glass Fibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Optical Fibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
The growing market for cognitive solutions and increasing demand for brain training by next-generation tech-savvy population are contributing to the growth of the cognitive assessment and training market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1039Clinical trials in terms of application is expected to hold the largest market share in the cognitive assessment and training market during the forecast periodClinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes.
The assessment of cognitive functions is an integral part of decision-making during clinical drug development, as certain drugs can have an impact on the cognitive capabilities of the brain.
The market is expected to contribute the highest revenue for vendors offering clinical trials.Education vertical is expected to grow at the highest CAGR in the marketCognitive assessment solutions and services are used in the education vertical for screening prospective candidates for schools or colleges.
The leading cognitive assessment and training vendors for this vertical are Pearson Assessment and CogniFit.North America is expected to contribute to the largest market share and Asia-Pacific to grow at the highest CAGRNorth America is expected to hold the largest market share and to dominate the cognitive assessment and training market from 2016 to 2021, due to the increasing awareness among population about adopting medication for cognitive diseases.
The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.
The new report on the Cutlery market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2015 – 2019.
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With the help of our upcoming report, market players can gain important insights on alternative strategies that can help in revenue generation.
The leading factors that are likely to impact the growth of the Cutlery Market over the assessment period are thoroughly analyzed in the report.Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=5201To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions.
The key regions comprise the following geographical segments:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)East Asia (China, Japan, South Korea)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.
Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets.
