The retail industry has always been dynamic, constantly evolving to meet the ever-changing demands of consumers.

Despite looming economic challenges, a variety of U.S. industries are projected to grow at a fast pace in the next five years.

Market research is a critical tool for businesses to gain insights into the competitive landscape and make informed strategic decisions. However, the quality of data collected is crucial for overall success. Bad data can lead to erroneous conclusions, wasted resources, and potentially disastrous business outcomes.  

Even if you have a successful company, there’s no guarantee your business model will remain viable for long. So what happens when the market changes, and your business needs to adapt to stay relevant? This is where the concept of pivoting comes in.

ChatGPT has everyone talking, but the wider impact of artificial intelligence (AI) will expand far beyond any one tool, function, company, or industry. Market research analysts have calculated the market potential for AI across various industries, and the growth rates are astonishing. The global market for AI is expected to increase by hundreds of billions of dollars in just a few short years.

MarketResearch.com and our research divisions Packaged Facts, The Freedonia Group, and Simba Information have released dozens of videos over the past year that feature quick insights into different industries, such as pets, food & beverage, robotics, and solar energy.

In 2022, the MarketResearch.com blog published data from a variety of leading market research publishers.

To predict where the U.S. pet industry is headed next, it’s crucial to understand current pet population and ownership trends and put them in context.

Market research serves a critical function for achieving growth and reducing business risk.

The Freedonia Group is now publishing annual data in addition to 5-year forecasts in our industry studies going forward, which will double the amount of tables in each new report.