Optimizing Your Market Research Budget: A Guide for Business Professionals

Whether you need market research for an ongoing business need or for a specific project, determining the right amount to budget is an important step.

Setting an appropriate budget that meets your research requirements without unnecessary overspending demands careful consideration of several crucial factors. Here are four expert tips to help you make informed decisions and budget for market research costs effectively.

Topics: Market Research Strategy How To's

5 Top Apparel Industry Trends to Watch in 2024

The apparel industry has gone through a significant transformation in the past few years, with the advent of new technologies, changing consumer preferences, and the impact of the COVID-19 pandemic.

Topics: Apparel Industry Insights

5 Key Trends in the Consumer Goods Industry to Watch in 2024

In a fast-paced, ever-changing world, the consumer goods industry remains at the forefront of innovation. As technology advances and consumer preferences evolve, businesses in this sector must stay ahead of the curve to remain competitive and relevant.

Topics: Cosmetics & Personal Care House & Home Retail Apparel Consumer Electronics Industry Insights

Unlock the Power of Market Research for Business Success

In the ever-changing landscape of the global economy, market research plays a pivotal role in ensuring your company's long-term success. Whether you aim to drive profitable growth, enter new markets, or maintain a competitive advantage, leveraging market research effectively is the key.

Topics: Market Research Strategy How To's

Hydrogen Fuel Cells Market to Witness Exponential Growth

The hydrogen fuel cells market will reach a value of nearly $8.2 billion in 2023, having grown at a compound annual growth rate (CAGR) of 28.8% since 2017. The market is expected to reach $31.8 billion by 2027, rising at a rate of more than 41%. The market is further expected to grow at a CAGR of above 37% from 2027 and reach $154 billion by 2032.

Topics: Energy & Resources Industry Insights

The Top 7 Strategic Benchmarks to Measure Company Performance

Understanding the performance of a company is always at the top of mind for leaders and consultants. While internal analysis of the company’s financials and data can be insightful, it can also be somewhat baseless without comparison to industry peers. It is always prudent to couple internal analysis with external benchmarking.

Topics: Market Research Strategy How To's

Farming Goes Electric: The $234 Million Market Potential of Electric Farm Tractors

The agricultural industry is undergoing a significant transition as it embraces the power of electric technology. Electric farm tractors, with their efficiency, sustainability, and potential cost savings, are becoming a key focus for farmers and industry experts.

Topics: Transportation & Shipping Industry Insights Heavy Industry

The $1.2 - $1.5 Billion International Matchmaking Market Survives the Pandemic

Matchmakers are the traditional, off-line, personal touch professionals that help singles to find their soulmates, for a hefty fee. Industry sources estimate that there are 2,000+ professional matchmakers now operating in the United States, and Marketdata’s research finds that there are thousands more operating in China, Japan, South Korea, India, and Europe.

Topics: Industry Insights

5 Top Retail Trends to Watch in 2024

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

Topics: Retail Industry Insights

Energy as a Service (EaaS) Market to Reach $103 Billion by 2027

The global energy as a service (EaaS) market is witnessing significant growth propelled by industrialization, government support, and the increasing adoption of distributed energy resources.

Topics: Energy & Resources Industry Insights