Fast-growing industries that adapt to modern-day digital business transformation
Have you experienced a sudden hype for online dealings and purchases of late? The reason is that a good number of business endeavors started showing up online to establish their digital dominance. Not surprisingly, this has lead to a boom in business revenues. Almost every business enterprise now thrives online due to an increase in digital-dependency among people all over the world.
There are instances of a radical improvement in business performances with digital transformation in 2017. The year 2017 was an eventful year for digital transformation. We can turn around to 2018 with brighter hopes for further evolution. In fact IOT(Internet Of Things) is making way for Edge Computing. There will be an increasing trend towards 5G. The proliferation of data created by IoT will transform all sectors from manufacturing to transportation, Healthcare etc..
Here we enlist few of the top-notch business sectors flourishing under the digital sheath:
The Transportation Sector
With an increase in affluence and mobility on roads, the Global Passenger Demand is on the rise. The roads being crammed with people whether they are traveling to their workplace or children plying to schools, the transportation sector is the most indispensable for any place. A proper public transport system or a network of vehicles on the road which can be availed on demand is more like a dream come true for the public. This has eventually lead to a formation of a network of comfortable cars and shuttles which are connected via an online system much like Ola & Uber.
These worthy apps can be installed on individual mobiles to access simple to luxurious cars at surprisingly reasonable fares as and when required. Reflectively, because of this extra convenience and flexibility, the industry has taken off quickly before expected. Now, the global cab booking market is close to hitting the $110 billion mark and is predicted to produce a turn over of $285 billion by 2030.
Agriya’s Top Rated Taxi Booking Solution is one exemplary endeavor to remake a similar taxi booking model enterprise.
On-Demand Services Sector
Availing services at your doorstep have been a long-awaited enterprise. Every household and industry seeks to fetch a number of services like plumbing, electric-fitting, housekeeping, gardening and a continuing list of comfortable timings and reasonable pricing. A number of applications have been invented to gather together the otherwise fragmented service sector. These applications are designed with a view to making services accessible at affordable rates and necessary schedules.
When considering the figures and facts, the on-demand service sector is rapidly moving and is about to experience a massive hype. In fact, the market research analysts forecast the global on-demand services market to grow at a CAGR of 49% during the forecast period and will predictably reach $435.41 billion by 2021.
An On-Demand Service booking solution presented by Agriya can help you start and flourish your own service booking enterprise.
Lodging & Hospitality Service
The importance of comfortable lodging cannot be understated. The year 2017 has witnessed the highest occupancy rate in the Asia Pacific Region at 68.7%. While most of the hotels offer lodging and hospitality services online, few enterprises like Airbnb providing houses for rent and luxurious stays to travelers at minimal rates have proved to be surprisingly innovative and successful enterprises. Agriya’s Airbnb Clone delivers a solution for successful rental businesses online.
Food Delivery Sector
The food delivery sector has earned a revenue of $121,848m in 2018. This clearly depicts the fact that availing food deliveries at homes and offices is not the latest trend anymore, but still the most demanding one. “Online Takeaway” is further the largest segment of this market.A large number of successful online food delivery enterprises have blossomed and flourished over time. Agriya’s Online Food Ordering Script has created a basis for a good number of successful food ordering enterprises.
The education sector has seen a lot of progress with e-learning and teaching possibilities online. Unlike other industries, E-learning market has seen constant growth in terms of market turn over. During the year of 2016 alone it generates an income of $165 billion, followed by in the year of 2017 it became $182 billion and now it is expected to cross the $200 billion mark by 2023.
Google has apparently reached out to more than 2 billion students with its VR program. VR or Virtual Reality has a great role to play in academics of late. Online classes and discourses, online teaching aids for a better clarity in classes, distance learning and much more have become possible now. Online learning Solution is an effort from Agriya to propel and encourage online learning.
The revenue in the eHealth market amounts to $12,005m in 2018 and is expected to reach a $15,474m in 2020. Now medical appointments can happen online too. Not just that! People are availing free/paid anytime consultations with available doctors online. This is a remarkable evolution of the health-care domain and if you are willing to avail a similar application for promoting online health-care, you can build your enterprise with Agriya’s Doctor Appointment Solution.
The Concluding Lines
With most of the sectors flourishing over time, many enterprises have popped up to give online presence to these sectors. Many applications and websites are being generated to streamline business sectors with digital transformation. You can also be a part of this endeavor with our suggested online solutions. And all you need to keep you going is your inspiration and enterprise!