Global Food Delivery Services Market to Reach USD 215.56 billion by 2024, Stimulated by Growing Mergers and Acquisitions

The food delivery services market is poised to grow by USD 215.56 billion during 2020-2024, progressing at a CAGR of over 12% during the forecast period.

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Technavio has announced its latest market research report titled Global Food Delivery Services Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The report on the food delivery services market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing mergers and acquisitions.

The food delivery services market analysis includes the business segment and geography landscape. This study identifies

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PlayStation Boss Hints At Possible Mergers And Acquisitions

Sony’s PlayStation division is considering the possibility of mergers and acquisitions as it looks ahead to the future of PlayStation 5. The comment came from PlayStation boss Jim Ryan, who hinted at the strategy as one way Sony could grow its first-party studio output.

Ryan told Reuters that the company plans to grow its studios organically, but added that “where we can bolster our in-house capability with selective M&A [mergers and acquisitions] that might be possible.”

In the same interview, Ryan said that the company is seeing “very considerable” demand, but is aiming to get enough stock on store shelves to meet that demand. He said that it’s possible that some people who want to buy on launch day won’t be able to find it.

Sony could be eyeing the acquisition strategy as it seeks to more directly compete with Microsoft, which has had a series of high-profile acquisitions in

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