How the Travel Industry Has Adapted to Change

The global travel and tourism industry is comprised of a wide variety of businesses, including hotels and inns, casino resorts, trains, buses, airplanes, cruise ships, tour operators and travel bookers, both online and physical. The World Travel & Tourism Council (WTTC) found that the global travel and tourism industry supported 295 million jobs on a direct basis during 2022.

Topics: Travel & Leisure Industry Insights

7 Major Media Industry Trends to Watch in 2024

Media is the communication tool through which information, educational, entertainment, data or promotional messages are disseminated. The global media market was worth more than $2 trillion in 2022 and includes revenues from TV and radio broadcasting; film and music; information services; web content, search portals and social media; print media; and cable and other subscription programming.

Topics: Media Industry Insights

5 Disruptive Transportation Industry Trends to Watch in 2024

With the advent of revolutionary new technologies, the transportation industry was predicted to dramatically transform before our eyes. If you believed the hype from recent years, you might expect cities to soon be filled with fleets of self-driving robo-taxis, autonomous trucks, delivery robots, and electric cars and buses.

Topics: Transportation & Shipping Industry Insights

The Biggest Software Industry Trends Changing Our World

The global software industry is characterized by rapid innovation and growth. While other more mature industries often struggle to expand their sources of revenue, it’s common to see double-digit growth rates in different segments of the global software industry.  

Topics: Software & Enterprise Computing Industry Insights

6G Market Projected to Grow at a CAGR of 103%

6G is anticipated to assume a crucial role in enhancing the performance and efficiency of telecommunication systems in both industrial and consumer settings. In an era marked by the exponential rise of the Internet of Things (IoT), Industry 4.0, and home automation, the demand for cutting-edge network solutions has become an indispensable facet of the telecommunications sector.

Topics: Telecommunications & Wireless Industry Insights

The Latest Trends in the US Laparoscopic Device Market

The laparoscopy market in the US has experienced significant growth due to the rising demand for minimally invasive surgical techniques. Laparoscopy involves small incisions which offer numerous benefits over traditional open surgery, such as reduced pain, shorter recovery times and smaller scars.

Topics: Medical Devices Industry Insights

Medical Weight Loss Companies Come in a Variety of Models

The U.S. weight loss market has grown 16% from 2020, to $75 billion, recovering much of the ground lost to the Covid-19 pandemic. Medical weight loss programs represented a significant 11.7% of the total weight loss market in 2022, worth $8.8 billion, and this share is forecast to rise to 13.4% by 2027.

Topics: Healthcare Industry Insights

The Richest Self-Improvement Experts and Motivational Speakers

The $13.4 billion U.S. self-improvement market consists of individuals as much as companies. Celebrities such as Tony Robbins, Louise Hay, Brian Tracy, Deepak Chopra, and many others have built this market over decades. Most professional speakers have limited earnings, but there are only about 20 that do exceptionally well, earning $1 million per year or more.

Topics: Media Industry Insights

5 Top Cosmetics Industry Trends to Watch in 2024 and Beyond

The cosmetics industry is constantly evolving and adapting to changing consumer preferences, advances in technology, and shifting economic conditions. As we look ahead to the next year and beyond, there are several key trends shaping the future of the cosmetics industry.

Topics: Cosmetics & Personal Care Industry Insights

Autonomous Marine Vehicles Market Projected to Reach $4.9 Billion in 2027

The global autonomous marine vehicles market reached a value of nearly $2.3 billion in 2022, having grown at a compound annual growth rate (CAGR) of 14.5% since 2017, according to the Autonomous Marine Vehicles Market Report 2023. 

Topics: Transportation & Shipping Industry Insights