ADDRESSABLE MARKET
Mobile
Health Market
Global health-related
apps market, often known as mHealth market was valued at US$ 25.4 Bn in 2017
and it is expected to reach US$ 58.8 Bn by 2020[1]. mHealth apps can offer a
broad range of services relating to fitness, lifestyle management, nutrition
& diet, women’s health, medication adherence, disease management, etc.
Increasing adoption of smart and wearable healthcare devices is expected to
have a strong positive impact on the market. In addition, physicians are
increasingly recommending the use of mHealth apps that will also have a
significant impact on the same. However, the existing solutions in the market
are not engaging enough. People are not motivated to use the existing products
& services. That is where Boltt’s Health Reward engine comes into play.
When people will be rewarded for staying healthy, fitness will become more
exciting!
Mobile
gaming market
Valued
at US$ 46 Bn and expected to reach US$ 65 Bn by 2020 at a CAGR of 6.2%
Mobile gaming refers to
playing computer games on mobile devices. Usage of mobile devices to has
already surpassed usage of desktop devices and mobile gaming is expected to
grow further. Gamification is a key concept of Boltt platform and it can be
considered a mobile game for anyone to play and improve their health. Boltt has
introduced a whole new layer of gamification to health. Fun Health Based
challenges & League tournaments will ensure massive community and social
participation.
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M-Commerce
Market
Mobile
commerce market was valued at US$ 288Bn in 2017 and it is expected to reach US$
693Bn by 2019 indicating an unprecedented growth rate12.
Boltt’s decentralized
marketplace comes under mobile commerce. It can be a direct competitor to major
marketplace apps like eBay and Amazon apps.
Mobile
payments market
Valued
at US$ 780 Bn in 2017 and expected to reach one US$ 01 Trillion by 2019 at a
CAGR of 10%
Mass adoption of mobile
devices has paved way for a strong growth of mobile payments and platforms.
Most global e-commerce retailers such as eBay and Amazon offer dedicated mobile
apps and most brick-and-mortar retail chains are starting to offer the same
functionality.
Boltt’s blockchain based
mobile payment system can make a significant presence on the mobile payment
market.
Mobile
wallet market
Valued
at US$ 594 Bn in 2016 and expected to reach US$ 3,142 Bn by 2022 at a CAGR of
32%
A mobile wallet enables storing of payment
method information such as credit card, debit card, or bank account on a mobile
device and using them to make purchases via the mobile device without carrying
plastic cards. Boltt provides a crypto
wallet that can hold not only BolttCoins but also other crypto currencies as
well as fiat currencies.
Loyalty
management market
Valued
at US$ 2.16 Bn in 2017, expected to reach US$ 6.8Bn by 2023 at a CAGR of 21.13%
Loyalty management
involves rewarding regular customers. The objective of loyalty management is
simply retaining the customers for regular sales. It can incorporate a wide
array of methods such as discount mailing and loyalty cards. Boltt can disrupt the current loyalty
management ecosystems with its revolutionary approach to provide loyalty
rewards.
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