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Boat Rental Market is Anticipated to Flourish at an Average CAGR of 5.4% and hit US$ 27.9 Billion from forecast 2023 to 2033 | Future Market Insights, Inc.

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NEWARK, Del, July 04, 2023 (GLOBE NEWSWIRE) — The boat rental market is anticipated to expand its roots at an average CAGR of 5.4% between 2023 and 2033. The market is expected to have a market share of US$ 27.9 billion by 2033, while it is likely to be valued at US$ 16.5 billion in 2023

The restoration of the travel and tourism industry increased per capita income, and higher living standards are promoting market growth. Furthermore, faster and smoother boat-renting modules are projected to transform the market.

The advent of boat renting management software coupled with the integration of artificial intelligence, machine learning, and advanced data processing is propelling market growth.

Governments worldwide invest in their coastal lands to develop tourist places and promote boating activities. The authorities also put islands on lease for higher maintenance.

Boat renting companies are also investing capital in developing beaches, building resorts, and promoting water sports. Thus, higher sales of boat rentals are expected during the forecast period.

Find an overview of the boat rental market size and forecast along with the research methodology. This Sample report is available in PDF format: https://www.futuremarketinsights.com/reports/sample/rep-gb-17418

Advanced packages such as boat renting, resort camping, and water sports activities are delivered to the end users. Affordable packages are flourishing in the market growth.

Key Pointers:

  • The United States market leads the boat rental market in terms of market share in North America. The United States region held a market share of 14.0% in 2022. The growth in this region is attributed to the higher competition among boat renting companies, rising tourist footfall, and enhanced water sports. The North American region held a market share of 25% in 2022.
  • The Span market is another important market in the European region. The market thrived at a CAGR of 6.1% between 2023 and 2033. The growth is attributed to the higher coastal land, government efforts, and private investments. The European region held a market share of 22% in 2022.
  • The Malaysia boat rental market held a market share of 7% in 2022. The growth is attributed to government efforts, beautiful beaches, and tourist activities.
  • The Maldives market thrives at a CAGR of 6.1% between 2023 and 2033.
  • Based on propulsion type, the full-powered segment leads the market, holding a substantial share in 2023.
  • Based on the boat size type, the Up to 20 feet segment leads the market as it holds a leading market share.

Competitive Landscape:

The key vendors focus on easing the rent management space, affordable rent, and adding various choices for the end users. Market players are also helping boat owners to rent their boats online. Key competitors merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Major Players are:

  • GetMyBoat (San Francisco)
  • Groupe Beneteau (Croix-de-Vie)
  • Boatsetter (Florida, USA)
  • Sailo (Greater New York)
  • Incrediblue (London)
  • Boatjump (Valencia, Spain)
  • Globesailor (Paris, France)
  • Click&Boat (Paris, France)
  • Zizoo (Berlin, Germany)
  • Nautal (Barcelona, Spain)

To Gain Immediate Access to Detailed Market Insights, Ask our Analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-17418

Recent Market Developments:

  • Groupe Beneteau has introduced the ‘Pick, Click, and Go Boating’ campaign while making boat rental easy. The company has recently entered exclusive negotiations with trigano.
  • Click Boat has extended its yacht offering with motor power, size, capacity, fuel type, and height options.

Key Segmentations Covered:

By Propulsion Type:

  • Fuel Powered
  • Sail Boat
  • Electric Boats

By Boat Size:

  • Up to 20 feet
  • 21 to 35 feet
  • Above 36 to 50 feet

By Boat Class:

  • Luxury
  • Sports
  • Entry

Key Regions Covered:

  • North America
  • United States
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Russia
  • Rest of Europe

Didn’t find your desired data? Ask For your Report Customization here: https://www.futuremarketinsights.com/customization-available/rep-gb-17418

Table of Content (ToC):

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Billion) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Billion) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Boat Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Billion) Analysis By Boat Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Boat Type, 2023 to 2033

        5.3.1. Inboard Boats

        5.3.2. Outboard Boats

        5.3.3. Sail Boats

        5.3.4. Others

    5.4. Y-o-Y Growth Trend Analysis By Boat Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Boat Type, 2023 to 2033

Read More about complete ToC here: https://www.futuremarketinsights.com/toc/rep-gb-17418

Have a Look at Related Research Reports of the Consumer Product domain:

Car Rental Service Market Outlook: The car rental service market is estimated to expand at 7.2% CAGR during the forecast period. From a market valuation of US$ 153.4 billion in 2023, the market is likely to surpass US$ 307.5 billion by 2033. The target market holds nearly a 1% to 3% share of the transport market.

Online Clothing Rental Market Forecast: The online clothing rental market size is projected to be valued at US$ 2,279.9 million in 2023 and is expected to rise to US$ 6,244.1 million by 2033. The sales of online clothing rentals are expected to grow at a significant CAGR of 10.6% during the forecast period.

United Kingdom Car Rental Market Size: The United Kingdom car rental market is estimated at US$ 3,203.4 Million in 2022 and is projected to reach US$ 5,545.1 Million by 2032, at a CAGR of 5.6% from 2022 to 2032.

Online Home Rental Market Share: The online home rental market is poised to expand to a valuation of US$ 18.24 billion in 2023 and is anticipated to exhibit a CAGR of 14% from 2023 to 2033 and reach US$ 77.09 billion in 2033.

Portable Toilet Rental Market Sales: The worldwide market for portable toilet rental was worth US$ 18.16 Billion in 2021, expected to reach US$ 19.5 Billion in 2022. From 2021 to 2022, a Y-o-Y increase worth 7.4% is anticipated. During the forecast period, the market is predicted to increase at a CAGR of 8.7%, reaching a market value of US$ 45 Billion.

Furniture Rental Market Demand: The global furniture rental market size is anticipated to witness staggering growth from 2023 to 2033. According to the research report published by FMI, the global market is anticipated to surpass a valuation of US$ 55.75 billion in 2023. It is likely to reach a valuation of US$ 110.69 billion by 2033.

Airport Retailing Market Growth: The global airport retailing market with a valuation of US$ 26.83 billion in 2022, is poised for remarkable growth. By 2033, the market is projected to exceed a noteworthy milestone, surpassing the US$ 90.23 billion mark. This tremendous growth trajectory signifies a significant leap from its projected 2023 valuation of US$ 29.84 billion.

Eco Flooring Market Trends: The global eco flooring market size is estimated to be valued at US$ 81,127.3 million in 2023 and is projected to reach US$ 112,245.8 million by 2033. The market is set to grow at a CAGR of 3.30% from 2023 to 2033. The share of eco flooring in the global flooring market stands at 9% in 2023.

Clothing Recycling Market Type: The clothing recycling market is anticipated to be valued at US$ 6,491.0 million in 2023. Given the rising awareness about the circular movement, the demand for clothing recycling is likely to advance at a CAGR of 10.9% through 2033. Overall, the adoption quotient of clothing recycling remains high, with a forecast valuation of US$ 18,265.4 million by 2033.

Smart Home Devices Market Value: The global smart home devices demand is subjected to growth at a CAGR of 17.8%. The market revenue is likely to be valued at US$ 58.4 billion in 2023, and exhibit a revenue growth of US$ 300 billion by 2033.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

Contact Us:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: [email protected]

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Artificial Intelligence

Synthetik Applied Technologies LLC announces development of UrbanScale – a modeling platform for the prediction, characterization, and quantification of extreme urban heat

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AUSTIN, Texas and LONDON, April 30, 2024 /PRNewswire/ — Synthetik Applied Technologies announces the development of UrbanScale, a tool to model and predict effects of extreme heat in urban areas, through a project funded by the National Oceanic and Atmospheric Association (NOAA). The physical characteristics of urban areas amplify heat effects resulting in what are known as urban heat islands — areas where surface temperatures are much higher than their surroundings. The UrbanScale tool addresses this climate peril with sophisticated analytic tools based on physics informed neural networks and cutting-edge machine learning to predict urban heat and help better understand and mitigate the risks associated with these extreme heat events. As a result of climate change, these events are expected to increase, impacting both the people that live in urban areas and the infrastructure on which they depend.

The UrbanScale platform shows significant promise to provide data on the severity of heat islands and their effects to better understand how they impact human health, energy use and damage to physical infrastructure. This information will provide a step-change in capability for government agencies, urban planners, and transportation authorities to direct efforts for mitigation and intervention. In particular, inclusion of demographic information into data pipelines will allow understanding of how urban heat effects may impact vulnerable or disadvantaged populations. Integration with climate forecasts and models will also provide unprecedented capabilities for forecasting risk associated with climate change.
Josh Hatfield, Director of Research and Development at Synthetik, said:
‘We are extremely grateful for the opportunity to study such an important issue. Extreme heat is already the largest cause of weather-related fatalities in the US, and climate change will only increase the importance of understanding heat in urban environments. Helping to meet that challenge fits directly into Synthetik’s mission.’
Synthetik COO Tim Brewer commented:
‘The UrbanScale tool will allow both our government and insurance partners to better characterize the risk of extreme heat in urban centers and promises to deliver critical insight on the way these events impact energy demands. We look forward to exploring its wide-ranging applications.’
Synthetik plans further development of UrbanScale with NOAA and other partners in the public and private sector.
For all inquiries: Contact Synthetik Applied Technologies PR [email protected] 
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Artificial Intelligence

GLiNTECH – a Valiantys company, wins Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH declared Finalists for Team Excellence and ITSM Solutions

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PARIS, April 30, 2024 /PRNewswire/ — Atlassian announced today that GLiNTECH – a Valiantys company has won the Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH were further declared finalists for the Team Excellence and ITSM Solutions awards, respectively.

 
This is an acknowledgement of their outstanding work for Atlassian customers during the calendar year 2023. This includes exceptional efforts in developing new business and driving innovative solutions for customer success.
“Our industry leading partners play a vital role in our customers’ continued success. We’re honored to highlight our top partners as award finalists this year, reflecting their ongoing commitment to delivering innovative solutions and unparalleled Atlassian services globally,” said Ko Mistry, Atlassian’s Head of Global Channels.
“We are delighted to be named as finalists for these awards from Atlassian, and we are particularly proud to celebrate GLiNTECH’s achievement in winning the Services (APAC) award.” said Emmanuel Benoit, Global Chief Executive Officer, Valiantys. “At Valiantys, embracing diversity of thought and challenging the ways our teams work has always provided Valiantys with a competitive edge to consistently deliver tangible results and value. We look to the future with unwavering determination and confidence as we continue to drive innovation and unlock potential for our customers around the globe.”
“We dedicate our IT Consulting Services and Custom Solutions to fulfilling our customers’ needs for success,” commented Dimitri Spyridopoulos, Chief Executive Officer GLiNTECH – a Valiantys company. “It’s an honor to be recognized by Atlassian as a finalist in two categories that reflect these efforts: Services and ITSM Solutions, and to be declared as winner for the Services award (APAC).”
For more information regarding this Press Release, contact: [email protected]
About Valiantys
Valiantys is a leading global consulting and services firm dedicated to Atlassian. The company accelerates business transformation by digitizing processes and modernizing teamwork, using the best agile methods and tools. Its Atlassian technical expertise is unparalleled and Valiantys supports its customers across the entire spectrum of projects on those platforms. As a recognized Agile at Scale, ITSM, and Cloud Specialized Partner, Valiantys help organizations accelerate time to value with Agile at scale, cloud, and ITSM implementations. Because teamwork requires more than just tools, the firm bridges the gap between applications and strategic practices such as SAFe® and ITIL. Over the last 15 years, Valiantys has helped more than 5,000 customers achieve their desired business outcomes at a reduced time to value, through improved team collaboration. More information about Valiantys can be found at https://www.valiantys.com/
About GLiNTECH – a Valiantys Company
GLiNTECH is a renowned Atlassian Platinum Partner headquartered in Australia and is the preferred choice for over 300 leading brands. The company has amassed more than 20 years of experience servicing enterprise clients across the Asia Pacific region, earning Atlassian Partner of the Year five times, including most recently for Professional Services. GLiNTECH is recognized as a Specialized Atlassian Cloud and ITSM partner. The company offers deep expertise in Licensing, Training, Support, Managed Services, Consulting, and Agile methodologies and has a proven record in providing reliable solutions while driving success within the Atlassian ecosystem. More information about GLiNTECH can be found here: https://www.glintech.com/
GLiNTECH was acquired by Valiantys in February 2024.
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Artificial Intelligence

Nillion is pleased to announce that Dwinity, a team pioneering decentralized AI has joined as an ecosystem partner

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ZUG, Switzerland and MUNICH, April 30, 2024 /PRNewswire/ — With huge amounts of personal data being collected every day, privacy concerns are escalating as the impact of data breaches become more costly. The need to address the problems created by the existing data economy have never been greater. By empowering users to reclaim control, Dwinity aims to unlock an enormous amount of potential for personal data to enhance various industries like healthcare, insurance, and finance.

About Dwinity
Dwinity’s mission is to give power back to users and to create a thriving data economy in which information asymmetry is finally removed. Dwinity enables a decentralized data economy as well as creates a data ownership driven ecosystem for storage, analysis, exchange, and commercialization of sensitive personal data.
The three components of Dwinity are:
Data control: Decentralized data spaces for decentralized data storage which provides true data sovereignty and enables users to decide with whom data is shared.Data Gold: Decentralized AI tools for each data space have the capability to unlock the full potential of data via sophisticated analysis.Data Cash: A fair marketplace with automated data value analysis, allowing for tangible income for data owners at lower costs and completely anonymous.Dwinity is presently closing its initial seed round at USD 3 MN – funds which will be used for the development of the initial prototypes to hit the market already in 2024.
About Nillion
Nillion is humanity’s first Blind Computer. It is powered by a decentralized network of nodes that enables “Blind Computation” through the coordination and orchestration of privacy enhancing technologies (PETs) such as multi-party computation (MPC), fully homomorphic encryption (FHE) and zero-knowledge proofs (ZKP). Nillion believes Blind Computation will become the internet’s base layer for all private data as PETs continue to mature. Nillion has attracted a notable initial cohort of Blind Computation builders across AI, DeFi, medical data, custody, wallets, global identity, messaging and more.
The Nillion development company, Nilogy, was incubated by CoinList’s seed program. Nilogy’s Founding CTO was the Founding Engineer of Uber (Conrad Whelan), the Chief Strategy Officer was the Founding CMO of Hedera Hashgraph (Andrew Masanto), the Chief Business Officer is the Founder of Indiegogo (Slava Rubin), the General Counsel was the Associate General Counsel of Coinbase (Lindsay Danas Cohen), along with builders hailing from Consensys, LayerZero, Polygon and Google.
“This is a major step on our way to building the leading ecosystem for sensitive data together with one of the top players in the market for the handling of such valuable data. We are looking forward to the cooperation which will add significant trust and competence to both initiatives”, said Peter Koenig, CEO of Dwinity.
Picture is available at AP
Contact for this publication: Christian Mangold [email protected]

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