Global Digital Transformation: 2017 Predictions from IDC

The International Data Corporation (IDC) FutureScape series provides clear predictions and expert insights to help technology suppliers, investors, IT professionals, and business executives strategize for the future.

Eight of these studies are highlighted below which cover a variety of areas undergoing transformative change including oil and gas, robotics, 3D printing, retail, connected vehicles, and more. Read on to learn about IDC’s 2017 predictions, and click to the report pages to access more detailed information.

Topics: Retail Energy & Resources Transportation & Shipping Consumer Electronics Marketing Public Sector Industry Insights

The Sleep Industry in the U.S.: What You Need to Know

Do you have trouble falling asleep or staying asleep? You’re in good company, unfortunately.

According to consumer research firm Packaged Facts, 82% of American adults have difficulty sleeping at least once a week. This translates into 206 million American adults who are struggling to get a good night’s rest.

However, for many people, sleep issues aren't just an occasional problem. In fact, 39% of Americans have trouble sleeping five or more times a week, and a third of U.S. adults have a major sleep disorder.

Topics: Pharmaceuticals Packaged Facts Industry Insights

5 Emerging Food Trends from Around the World

Packaged Facts, a leading consumer research firm, just released a new report 2017 Forecast: Culinary Trend Tracking Series. It takes an in-depth look into little-known food trends that are expected to take off in 2017.

Here are five international foods featured in the report that are on “the edge of the culinary world.” These trendy foods have not yet become mainstream items, but are poised for rapid growth.

Topics: Food & Beverage Packaged Facts Industry Insights

4 Major Trends to Follow in the Veterinary Services Industry

Groundbreaking technological advances are rapidly transforming the veterinary services industry — expanding treatment options and boosting potential revenue growth. While these developments are creating exciting new possibilities, veterinary service providers that are slow to adapt may fall behind and miss a key window of opportunity.

The Veterinary Services Global Market Report 2017 from the Business Research Company highlights four major trends in the veterinary market that should be followed in order to stay competitive.

Topics: Healthcare Pets Industry Insights

Trump Will Find Reducing Drug Prices a Difficult Task

President Donald Trump’s stated goal of lowering drug prices won’t be easy. The President told drugmakers at a White House meeting that prices were “astronomical” and hinted at negotiating with Medicare and reducing regulation on new drugs. Congress has also proposed more generic drugs as a way of saving on costs.

While lower drug prices is an admirable goal, an across-the-board reduction of pharmaceutical prices will face many obstacles and most likely would not happen, according to our research at Kalorama Information. If somehow, Congress and the administration were able to achieve a reduction, it might impair the creation of new drugs.

Topics: Pharmaceuticals Kalorama Information Industry Insights

MarketResearch.com in the News – January & February Highlights

Reports produced by MarketResearch.com’s four publishing divisions — Packaged Facts, the Freedonia Group, Kalorama Information, and Simba Information — are frequently cited in the news media and in trade publications.

Here’s a roundup of recent press highlights for early 2017, covering everything from food & beverage to pets to health care and more. To access additional information about a particular subject, click the link to the report's abstract.

Topics: Industry Insights

The Increasing Demand for Home & Garden Pesticides

The ongoing battle against weeds and pests creates a large, growing market. The demand for home and garden pesticides in the U.S. is forecast to rise 3.1 percent per year to $2.4 billion in 2020, according to the Freedonia Group.

An increase in new housing — coupled with rising consumer spending in lawn care and gardening will boost the overall market. 

Topics: House & Home Industry Insights

New Catering Industry Analysis: Revenue on the Rise

As consumer spending and corporate profits increase, more households and businesses will host catered events such as wedding receptions, luncheons, and trade shows. 

A variety of organizations — including schools, senior living facilities, and hospitals — will also turn to contractors to outsource on-going foodservice needs. Professional contract caterers help free up organizations to focus on their core strengths and cut costs, rather than running meal programs on their own.

The global contract catering market is expected to grow at a compound annual growth rate (CAGR) of 4% from 2016-2021, according to recent industry analysis conducted by Azoth Analytics.

Topics: Food & Beverage Industry Insights

Research Firms Explore the Potential Impact of Trump's Presidency

How will President Donald Trump affect the economy in the coming weeks and years? Which industries face the biggest shifts? How can you be prepared for what's next?

Several market research firms are weighing in as various issues jump to the forefront of the news cycle.

Here's a look at the latest #mrx tweets serving up data and analysis on the potential economic impact of Trump's presidency across different industries.

Topics: Travel & Leisure Retail Pharmaceuticals Demographics Social Media Industry Insights

The Air Purifier Market in 2017 and Beyond

As incomes rise in various regions around the world — including China and India more consumers are buying air purifiers to decrease the amount of contaminants, odors, and airborne allergens in household air.

The global demand for consumer air treatment systems will grow at a double-digit annual pace to more than $10 billion in 2019, acording to an industry study by the Freedonia Group, a leading international business research company and a division of MarketResearch.com.

Learn more forecasts and facts about the worldwide air purifier market below.

Topics: House & Home Industry Insights