5 Global Industries Poised for Rapid Growth in 2024

Discover five fast-growing industries that are making waves in the business world, and learn which key segments offer the highest potential for revenue growth, based on new data from a variety of leading market research firms.

Topics: Software & Enterprise Computing E-commerce & IT Outsourcing Energy & Resources Healthcare Industry Insights

Is the Future of Shopping Cashless? Predicting the Future of Payments

The landscape of commerce has undergone a radical transformation through the integration of technology, revolutionizing both online and offline purchasing channels. From in-store experiences to online shopping and social media interactions, consumers worldwide have embraced the versatility of modern payment methods.

Topics: E-commerce & IT Outsourcing Telecommunications & Wireless Financial Services Industry Insights

The Thriving Market for Electric Vehicles in Last Mile Delivery

Consumer purchasing habits have changed significantly because of the pandemic, and many of us now consider online shopping to be the default option. To address and satisfy the enormous demand for online shopping around the world, faster delivery alternatives and hyperlocal shopping have seen huge growth over the past two years.

Topics: E-commerce & IT Outsourcing Transportation & Shipping Industry Insights

The Effect of Inflation on Consumers and What It Means for Brands

The COVID-19 pandemic greatly influenced consumer behavior for the last two years, but in 2022, the central concern will increasingly be the cost of living, according to research cited in a recent podcast by Mintel titled “The Impact of Inflation on the Cost of Living and Consumer Behavior.”

Topics: Cosmetics & Personal Care Travel & Leisure Food & Beverage Retail E-commerce & IT Outsourcing How To's Industry Insights

Publisher Spotlight: LogisticsIQ

MarketResearch.com partners with hundreds of market research publishers to bring you trusted insights for all your toughest business questions. Today, we would like to highlight LogisticsIQ™, a research and advisory firm that provides market research on the innovative technologies and opportunities in the supply chain & logistics sector. Learn more about this firm in the interview below.

Topics: E-commerce & IT Outsourcing Transportation & Shipping Telecommunications & Wireless

E-Commerce Trends to Watch During the COVID-19 Crisis

E-commerce was already a powerful disruptive force before the COVID-19 pandemic hit, but now online shopping has taken on a new level of importance across the world.

Topics: E-commerce & IT Outsourcing Industry Insights

Amazon's Competitive Advantage and How Retailers Are Fighting Back

In 2018, Amazon’s global net sales reached $233 billion, and its impressive growth continues to rattle the retail industry.

Amazon is on a path to become the largest retailer in the U.S. — and is expected to overtake Walmart by 2022, according to data from a recent market research report by Packaged Facts titled Amazon Strategies and the Amazon Shopper, 2nd Edition. Amazon’s U.S. gross merchandise sales will contribute nearly half of U.S. e-commerce sales by 2022, up from 43% in 2019 and 28% in 2015.

Topics: Food & Beverage E-commerce & IT Outsourcing Consumer Electronics 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

Will the Meal Kit Delivery Industry Hold Up in a Recession?

The food industry is the latest targeted for “disruption.” With the rise of meal kit delivery services, venture capital firms have been in a frenzy the past three years to find a success story, and profits. However, when the economy turns south, who will be left to pay $10-12 per person per meal for gourmet food?

Topics: Food & Beverage E-commerce & IT Outsourcing

American Singles Fuel the $2.5 Billion Dating Market

Matchmaking and online dating has become big business, with dating services estimated to be worth $2.5 billion in 2015 and forecast to grow 5.1% per year to $3.2 billion by 2020.

The dating industry consists of much more than just dating websites, although these get the bulk of the media attention and account for 70% of the industry’s revenues. America’s 124 million singles are using mobile apps more often, but traditional services like matchmakers and dating coaches are also doing well.

Topics: Travel & Leisure Retail E-commerce & IT Outsourcing Industry Insights