Logiq, Inc. Enters the Roofing Market, Further Expands Its Presence in the Home Improvement Vertical
September 08, 2022 at 02:33 am IST
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Logiq, Inc. announced its entry into the roofing market to expand its presence in the home improvement market. The following highlights are indicative of the future market growth opportunities in the home improvement vertical: Per IBIS World, roofing is the 16th largest vertical in the construction industry; at $102 billion in the Americas and is forecast to grow to $156 billion by 2030 (per Morrissey Construction). There are presently over one hundred thousand roofing companies in the US which represents a sizeable market opportunity for Logiq.
The search term roof repair reached its highest volume ever last year, reaching more than 200% the fifteen-year average that preceded 2021.
Logiq, Inc. is a provider of e-commerce and digital customer acquisition solutions. The Company provides a data-driven, end-to-end marketing solution. The Company operates through two segments: AppLogiq and DataLogiq. The Company offers solutions that help small-to-medium-sized businesses (SMBs), agencies, and enterprises to provide access to and reduce transaction friction in e-commerce for their clients. Its data-driven, artificial intelligence (AI)-powered solutions allow brands and agencies to advertise across digital and connected TV publishers. Its solutions are provided through the DataLogiq business, a digital marketing analytics business unit that offers data management, audience targeting and other digital marketing services that improve SMBs discovery and branding within the e-commerce landscape. The Company, through its DataLogiq platform, offers online marketing solutions on a performance marketing and self-service, software-as-a-service (SaaS) basis.