Increasing Penetration of IP Cameras Driving the Global Video Surveillance Market

The global video surveillance market generated a revenue of $32.00 billion in 2017 and is estimated to achieve $36.54 billion in 2018, according to a market intelligence report published by BIS Research.

Topics: Business Services & Administration Industry Insights

6 Things to Know About the U.S. Gigs & Side Hustles Market

Gig work soared after the Great Recession, as workers were laid off and millennials entered the job market. In addition, new technology – including ride sharing apps and the ability to telecommute and provide freelance services from home – also fueled growth in part-time gigs. In an effort to find life/work balance, millennials and others embraced this more flexible lifestyle.

Topics: E-commerce & IT Outsourcing Business Services & Administration Industry Insights

Top 6 Things to Know About the Personal Coaching Industry

Personal and life coaching has become big business in America, as clients seek guidance for career transitions, starting a business, getting more organized, improving their sales or marketing skills, and a lot more.

Topics: Business Services & Administration Industry Insights

U.S. Personal Coaching Industry Tops $1 Billion, and Growing

The $9.9 billion U.S. self-improvement or personal development industry is largely comprised of affluent Baby Boomers and female customers, especially for programs related to relationships, weight loss, exercise, spirituality, and Far Eastern topics. A substantial share of these customers is located on the two coasts of the United States.

Topics: Business Services & Administration Industry Insights

Digitalization a Key Trend in the Legal Industry

With the emergence of information and communication technology, companies in the legal industry are rapidly moving towards the process of digitalization. Investor expectations, rising competition, and new regulatory pressures are putting pressure on organizations to digitalize their processes and management.

Topics: Public Sector Business Services & Administration Industry Insights

China Business Outlook: 19th Party Congress & Urbanization Reforms

With 2018 approaching, businesses need to prepare for a series of significant changes to the market environment in China — specifically related to the Party’s upcoming 19th Party Congress and ambitious urbanization plans (that will redefine where businesses across industries operate in the country).

Topics: Business Services & Administration Industry Insights

5 Major Trends That Are Transforming the Professional Services Market

The professional services market is growing rapidly, according to the recently published report Professional Services Market Global Report 2017 by The Business Research Company. The market is forecast to register a 5.4% growth rate from 2016 to 2020, reaching almost $5 trillion.

Topics: Advertising Public Sector Business Services & Administration Industry Insights

Global Recruitment Industry Outlook for 2017 and 2018

Companies are increasingly turning to staffing and recruiting companies to find qualified candidates and expand their workforce in a cost-effective manner.

However, recruitment is being disrupted by technology — creating a host of new changes and opportunities in the years ahead. Read on for a quick overview of the industry, and learn about top recruiting companies, trends, and challenges.

Topics: Business Services & Administration Industry Insights

What’s Driving the Global Security Market

Global security products and services make up an industry worth more than $300 billion. The United States is the largest market overall, but the fastest gains will be found in less developed markets such as India, China, Mexico, South Africa, Turkey, and Brazil, according to Jennifer Christ, a Research Manager at the Freedonia Group.

“Growth in the security market stems from economic development, rising urbanization, increasing personal incomes, and concerns about crime and insufficient public safety measures,” Jennifer explained in a recent webinar on the topic.

Topics: House & Home Public Sector Business Services & Administration Industry Insights The Freedonia Group

Technology Is a Major Trend in Professional Services

Consumer spending on professional services is projected to total almost $481 billion by 2020, representing yearly growth of 3.8% from 2015 levels. Positive economic trends will drive growth as consumers gain more disposable personal income and seek professional services for their financial and personal needs.

Many innovative technologies are changing how we access professional services. If you’d like to seek legal advice, chances are you can do it on your computer or mobile device. Many online services are also cheaper than traditional ones, leading established companies to change their marketing strategies and to offer services on a variety of platforms.

Topics: Business Services & Administration Industry Insights The Freedonia Group