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Posted by kenresearch10 in Finance on November 12th, 2018
Georgia Insurance Market: - Georgia is a Eurasian country located to the East of Black Sea, bordering Turkey and Armenia to the South and Azerbaijan to the East. The country has a Mediterranean climate and is a tourist attraction for its historic attractions, cultural appeal, and countryside stay. However , it is one among the poorest countries in the Soviet Union, and pre-independence, many people living in the rural areas were unemployed and had very limited access to health care service, let alone insurance. After its independence from the Soviet Union, Georgia had to maintain a highly centralized, State-operated health care system. After several reforms , the health care system was decentralized and market-driven. The country has various health programmes to provide health care to all but it faces inequality in terms of accessibility to the rural areas.
In 2013, Universal Healthcare (UHC) program was launched to address the high costs in private healthcare in Georgia. Seeing potential and success, this program replaced the existing government healthcare programs. UHC provides basic health care coverage to the entire population. The growth of healthcare in Georgia is immense due to many reasons. The increase in population, rising health awareness, growth of technology and private players, supportive governmental initiatives , growing awareness of the benefits of medical insurance and favourable demographics make Georgia a country with full potential for life insurance.
Ken Research’s The Insurance Industry in Georgia, Key Trends and Opportunities to 2022 gives a comprehensive overview of the Georgian economy and demographics and details on the competitive landscape in Georgia. The report gives a detailed analysis of the natural hazards in the market, distribution channels and the regulatory policy prevailing in Georgia. It offers a detailed analysis of the key segments in the Georgian insurance industry, with market forecasts to 2022. It covers an exhaustive list of parameters, including written premium and claims, analyses the various distribution channels in Georgia and profiles the top insurance companies in Georgia , and outlines the key regulations affecting them. The report will help in making strategic business decisions by analyzing demand-side dynamics, market trends, and growth. The report will be detrimental in identifying competitors and regulations governing the market and make sound decisions therein. The key market players in Georgian insurance market are JSC Insurance Company GPI Holding, JSC Insurance Company Aldagi, JSC Insurance Company Imedi L, JSC Insurance Company Unison , JSC Insurance Company Ardi Insurance, JSC TBC Insurance, JSC Insurance PSP, JSC International Insurance Company IRAO, JSC Insurance Company IC Group and JSC Insurance Company ALPHA.
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Warehouse Robotics Market Size To Reach $4.44 Billion By 2022
by Miller@21 · October 25, 2018
The Warehouse Robotics Market is expected to be valued at USD 4.44 billion by 2022, growing at a CAGR of 11.8% between 2017 and 2022. The growth of this market is propelled by the growing e-commerce industry, need for enhanced quality and reliability in warehouse operations, active funding from venture capitalist for startup robotics companies, and increasing adoption of warehouse robotics by small- and medium-sized enterprises (SMEs).
Mobile robots held the largest share of the warehouse robotics market in 2016 and is expected to grow at a high rate between 2017 and 2022. Mobile robots are widely used by leading e-commerce companies and are also being gradually implemented in warehouses operated by manufacturing companies. The mobile robot adapts to changes in product types and velocities , order prioritization, and order shipment accuracy. Another key advantage of the mobile robot is a faster return on investment (ROI), as mobile robots are easier to set up and cheaper to operate.
Download PDF Brochure @ Warehouse management system (WMS) accounted for the largest share of the warehouse robotics market in 2016 and is expected to grow at the highest CAGR between 2017 and 2022. WMS is a highly specialized business application that controls the flow of inventory into, within and out of a company鈥檚 warehouse or multiple warehouses. High awareness about the benefits offered by WMS among warehouse operators is the key driver for the growth of the WMS market. WMS offers benefits such as higher productivity, reduced cost, improved space utilization , reduced inventory, and improved customer satisfaction. Pick and place function accounted for the largest share of the overall warehouse robotics market in 2016.
Pick and place robots are widely used by various industries, as these robots are accurate and highly efficient and reduce the order processing time and related cost. The 0.5 kg to 10 kg payload capacity held the largest share of the warehouse robotics market in 2016 and is expected to grow at the highest rate during the forecast period. The e-commerce and food and beverages are highly demanding industries in the warehouse robotics market. Many warehouse operators of these industries invest in robots with smaller payload capacity as these robots can handle smaller sized packets efficiently and cost effectively.
The e-commerce industry accounted for the largest share of the o.