- Based on product, the corn segment was the highest contributor to the frozen vegetables market growth and is expected to grow at a CAGR
of 6.2% from 2018 to 2025.
The pre-primary segment is expected to grow at a CAGR
of 3.7 per cent, whereas the tertiary segment will witness growth at a CAGR
of 3.6 per cent.
Saudi Arabia hospitality market is expected to grow at a CAGR
of 6.5 per cent (2017-2022) to $21.3 billion mainly driven by religious tourism.
In the same period, other asset classes will experience a slight increase including life insurance and pensions at CAGR
11 per cent, offshore at CAGR
3 per cent, and bonds at CAGR
2 per cent.
Massi added that in the UAE non-investible assets are expected to increase at a CAGR
of 11 per cent in the next five years, while investible wealth growth is projected to remain constant at a CAGR
of seven per cent.
The programmes that IDC expects will see the most spending growth over the five-year forecast are construction operations (38.4 percent CAGR
), connected automated vehicles (37.6 percent CAGR
), and clinical outcomes management (30.7 percent CAGR
In examples provided by Rahim and Co on high-end condominiums and serviced apartments in the KLCC area, the average transaction prices for One KL in 2017 was RM1,093 per square foot or at a CAGR
rate over the years 2015-2017 of -9.2 per cent, while Quadro Residences had average transaction prices in 2017 of RM1,174 per square foot or a CAGR
rate over the same period at -2.9 per cent.
- The global gastroparesis market was valued at USD 4,667m in 2016, and is projected to reach USD6,486 m at a CAGR
of 4.7% from 2017 to 2023, according to a report from US-based Allied Market Research.
6 (ANI): Over the last three years, the Indian multiplex industry has grown at approximately 13 percent CAGR
in terms of operating screens and 14 percent CAGR
in terms of revenue.
According to a report "Smart Sensor Market by Product, Industry Trends, Estimation, and Forecast" sales of intelligent sensors, valued at $20.75 billion in 2016, are projected to reach $81.99 billion by 2024, growing at a CAGR
of 18.9 percent from 2017 to 2024.
The analysis, based on recent data from Business Monitor International, forecasts the UAEs air freight market to expand by a compound annual growth rate (CAGR
) of 4.8% over the 2017-2021 period.
Meanwhile, consumer spending in the UAE is expected to grow at a compound annual growth rate (CAGR
) of 7.5 percent over the next five years to top US$261 billion by 2021, thanks to a growing population, the Dubai Chamber said in a report.