The global concierge services market size is expected to reach USD 773.3 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.3% during the forecast period. Economic development coupled with increasing disposable income is driving the demand of concierge service. High Net Worth Individuals (HNWI’s) are the major shareholders in the market as they choose concierge services to optimize their time and to outsource time consuming tasks. Growing influence of technology and social media is also enhancing the turnaround time of the services. For instance, Wyndham’s Wingate hotels and Starwood’s Aloft hotels are working with Intelity, a software company to provide transportation, dinning, recreation, and shopping information to its guest via mobile devices. On-demand concierge services is gaining traction among consumers as they allow them to pay for only what they are seeking and reduce the burden of annual contr...