Concierge Services Market Outlook, End Users Analysis and Share by Type to 2025

The Concierge Services Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global concierge services market size is estimated to reach USD 773.3 million, by 2025, and is anticipated to grow at a CAGR of 5.3% from 2019 to 2025, according to the new report by Million Insights. Developing economic conditions and increasing income of middle age group is expected to propel the demand for concierge services. Moreover, high net worth individuals (HNWI) are mainly driving the growth of such services. Newly advanced technologies are supporting to provide the best service quality and high-end consumer experience. For example, Wyndham’s Wingate and Starwood’s hotels have collaborated with a company called Intelity to offer better dining management and shopping information which can be accessed via smartphones.

Request a Sample Copy of Concierge Services Market Report @ https://www.millioninsights.com/industry-reports/global-concierge-services-market/request-sample

In addition, increasing demand for customized services is propelling the demand for this service. For example, in May 2017, Bentley has tested the on-demand luxury service for its consumers in New York, Los Angeles, and Dallas. MeetnGreetMe, a European company also offers these services with its presence across 298 cities.

People who travel frequently use the concierge services for finding best route to their commutation and for getting better experience. HoReCa & entertainment segment is expected to hold the largest share in the overall market. Growing travel industry and growing customer inclination towards exploring new restaurants and hotels is expected to proliferate the market growth. The consumers are preferring concierge services for hosting fashion events, private events owing to their greater access to the service.

Youngsters and adults get influenced by these services while traveling and is expected to foster the market demand. Single parents, executives, and C-suite executives who are changing their job positions due to stress and other problems, prefer the concierge services. Corporate segment is anticipated to hold largest share in the forecast period, due rising demand for managing functions, social gatherings, corporate events, and parties.

In 2018, Asia Pacific held the largest concierge service market share in the overall market. Presence of large number of high net worth individuals (HNWI) across countries such as India, China, and Japan is mainly contributing to the market growth.

Leading Players Analysis covered in these report

    • Knightsbridge Circle

    • Quintessentially Group

    • MyConcierge

    • Velocity Black

    • The Fixer Lifestyle group

    • The Billionaire Concierge and many others

Access Concierge Services Market Report with TOC @ https://www.millioninsights.com/industry-reports/global-concierge-services-market

Concierge Service Regional Outlook (Revenue, USD Million, 2015 - 2025)

    • North America

        • U.S.

    • Europe

        • France

        • U.K.

    • Asia Pacific

        • China

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • UAE

Comments

Post a Comment

Popular posts from this blog

Spinal Implants & Devices Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2023 – 2030

  Spinal Implants & Devices Industry Overview The global  Spinal Implants & Devices Market  size is expected to reach USD 19.0 billion by 2030 and is expected to expand at a CAGR of 5.2% in the forecast period, from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing number of vehicular accidents is leading to increasing new cases of spinal cord injuries (SCIs). Other causes of SCIs include falls, violence, acts of violence, sports and recreation injuries, and diseases. Vehicular or road accidents and falls account for the majority of SCI cases. Fall-induced SCI is common among people aged 65 years and above. Acts of violence such as gunshot wounds or knife wounds account for around 12% of SCI cases. Sports activities such as diving in shallow water and impact sports lead to nearly 10% of SCIs. Cancer, osteoporosis, arthritis, and inflammation of the spinal cord also cause SCI. Based on National Spinal Cord Injury Statistical Center da...
Read more

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Overview, Cost Structure Analysis and Forecast to 2030

  Latin America Pharmaceutical Contract Manufacturing & Research Services Industry Overview The  Latin America Pharmaceutical Contract Manufacturing & Research Services Market  size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.5% from 2022 to 2030. The low cost of drug registration in Latin American countries and the economic growth are the key factors contributing to progress in this region. Moreover, factors such as the growing demand for generics, rising investments in R&D, the growing geriatric population, and the increasing burden of chronic diseases are responsible for market growth. The outbreak of COVID-19 has boosted the market growth as companies have increased investments in R&D and manufacturing to develop vaccines and drugs against the COVID-19. During the coronavirus outburst, the supply chains of biopharmaceutical companies remained robust...
Read more

Europe Orthopedic Navigation Systems Market - Global Industry Insights, Trends and Growth Opportunity Analysis to 2030

  Europe Orthopedic Navigation Systems Industry Overview The  Europe Orthopedic Navigation Systems Market  size is expected to reach USD 2,504.4 million by 2030, according to a new report published by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.8% from 2023 to 2030. The rising number of target diseases especially in the geriatric population is responsible for the rapid growth of the market. According to the Executive Agency for Health and Consumers, one in ten people in the geriatric population in Europe is suffering from osteoarthritis. Minimal invasion and low post-operative complications associated with computer-assisted surgery are anticipated to drive regional market growth over the forecast period. Moreover, the introduction of technologically advanced products is expected to induce demand for  orthopedic navigation systems . For instance, Orthokey Italia developed a new version of KiRA system integrating it with the iPad to ...
Read more