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Forrester’s 2022 Online Retail Forecast, US, provides insights about US total retail sales, online retail sales, and the online retail penetration forecast for 30 product categories for the next five years.
This report outlines the potential of the US B2B e-commerce space across 11 durable and nondurable product categories, with historical data going back to 2008.
The Europe-5 markets comprise the top five economies in Europe — in order of size, those are Germany, the UK, France, Italy, and Spain. In 2022, total retail sales for the Europe-5 countries continued to grow strongly, but this growth actually shifted from online channels and touchpoints to offline channels and touchpoints.
billion, with projections indicating a 5% annual growth until 2027, primarily driven by enterprise software development requirements. Software development outsourcing, a strategic approach to delegating software creation tasks to external providers, has emerged as a pivotal element in the global IT ecosystem. billion and continues to expand.
To capitalize on the huge wealth management opportunity in Vietnam, institutions need to offer tailored financial advisory solutions across the wealth continuum—and consider cost and scalability.
IST With the forthcoming SAP support end deadline of December 2027, as well as the increasing promise of AI-driven technologies, enterprises have been moving rapidly from legacy to cloud solutions. Live Webinar Maximizing Value in Finance Transformations with S/4HANA October 1, 2024 | 9 a.m. CDT | 10 a.m. EDT | 3 p.m. BST | 7:30 p.m.
Take the IT outsourcing industry, set to grow to a value of £117 billion by 2027 at a compound annual growth rate (CAGR) of […] The post The BPO Revolution: How Outsourcing is Evolving to Accelerate Business Growth appeared first on Intelligent Sourcing.
By 2027, about $130 trillion will flood into capital projects. But few organizations today could deliver with the speed and operational efficiency the influx demands.
Apparently, the human augmentation market will be worth approximately 400 billion dollars by 2027, according to Report Ocean. It is unanimous: we are in the middle of a new revolution in the technology industry. And that shows a huge increase since 2020. What is human augmentation?
trillion by 2027, growing at a CAGR of 7.7% from 2020 to 2027. from 2020 to 2027. This strategy has become increasingly popular in the tech industry. The global software development outsourcing market is projected to reach $1.06 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.7%
With the pandemic adding new urgency for CFOs to build Modern Finance Departments and accelerate digital transformation, the global finance outsourcing market is projected to grow more than 40% by 2027, surpassing $50 billion, according to ReportLinker.
billion by 2027, according to GlobalNewsWire. One such critical business function is Governance, Risk, and Compliance (GRC). The Enterprise Governance, Risk Management, and Compliance Market was valued at $31.95 billion in 2020 and is projected to reach $71.56
population will be engaged in some form of contract work by 2027 and by 2023, the gig economy is projected to reach $USD455 billion. And in recent years, studies have also shown that the gig economy is on the rise. Statista estimates that half the U.S
An IT and IT-enabled Services (ITeS) park is being built in Vadodara through a collaboration between the Gujarat government and Larsen & Toubro (L&T) aimed at creating some 10,000 jobs by 2027.
In an Everest Group survey of buyers of DCTs, interviewees reported that 20-25% of their trial portfolios were decentralized or hybrid in nature today, but that 80-90% of their trial portfolios will be decentralized/hybrid by 2027.
This trend is expected to continue, and analysts predict that it will become an industry worth $ US$285.00bn by 2027. For the past few decades, the gaming market has been growing at an exponential rate. Already with a worth of US$197.00bn in 2022.
The world of B2B E-Commerce market is thrice the scale of the B2C market and is anticipated to just about double by 2027. B2B e-commerce will grow by more than 70% by 2027, reaching $20.9 B2B E-Commerce Will Become More And More Popular. trillion (compared to $12.2 trillion in 2019).
IDC predicts a surge in AI-enabled automation , reducing the need for human operations intervention by 70% by 2027 However, AI is also a disruptor, necessitating advanced infrastructure to meet data-intensive computational demands. This isn’t to suggest that disruption is a negative attribute.
billion by 2027. References: 7 Major Medtech Trends (2022-2027) (explodingtopics.com). Global Wearable Medical Devices Market Outlook and Projections, 2019-2027 (researchandmarkets.com). READ MORE: 5 Commonly Asked Questions About Intrinsic Bias in AI/ML Models in Healthcare. The Wearables Market.
The mainstream end date of Microsoft Windows Server 2016 was January 11, 2022, but it has been extended to January 12, 2027. However, the latest edition is packed with a wide range of functions, is an upgraded OS, and offers robust protection. So, you can still use it.
For more information, you can read GLOBAL MANAGED SERVICES MARKET – GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2022-2027). The global MSP industry has seen a growth of USD 27.42 billion from 2019 to exceed USD 235.67 billion in 2022. Frequently Asked Questions. How big is the MSP industry? billion in 2021. billion by 2026.
For more information, you can read GLOBAL MANAGED SERVICES MARKET – GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2022-2027). The global MSP industry has seen a growth of USD 27.42 billion from 2019 to exceed USD 235.67 billion in 2022. Frequently Asked Questions. How big is the MSP industry? billion in 2021. billion by 2026.
billion in 2020 to 496 billion USD by 2027 – Statista. Automating certain customer experiences to redefine company growth patterns. The global market size for contact centers is projected to grow from USD 339.4 In the past Contact Centers responded to customer queries only when an issue arose.
billion by 2027, up from $124 billion in 2022, growing at a compound annual rate of 19.1%. Today, Artificial Intelligence (AI) is used by every business across diverse industries. According to Gartner , the AI software market will be valued at $297.9 This surge emphasizes the vital role played by AI for business success.
billion by 2027 with a compound annual growth rate of 24%. Robotic Process Automation (RPA) has become an essential tool in a wide variety of businesses, small and large, across industries, and around the world. According to Fortune Business Insights , the RPA market will grow to $6.10
While SAP released their next-generation ERP, S/4HANA, in 2015 and announced its plans to discontinue the support for ECC by 2027, more than 60% of customers have yet to initiate their move to S/4HANA 1. SAP ECC has been the ERP solution for over two decades that runs the core business of many global enterprises.
It’s no wonder the automation market is predicted to have a compound annual growth rate (CAGR) of more than 40% annually through 2027 when the total market value is likely to exceed $25 billion. The race to see which technology would prevail has been intense. But it looks like RPA can claim a decisive victory.
According to a report by Grand View Research, the global software testing market size is expected to reach $60 billion by 2027, indicating a growing trend towards specialized testing services. Outsourcing software testing can be an effective solution.
Research&Market survey indicates the global outsourcing services sector is about to reach $904.948 billion by 2027. The IT outsourcing market is booming. The post IT Outsourcing Benefits and Drawbacks to Be Aware Of first appeared on SpdLoad.
billion USD by 2027. Even though companies will prepare to confront the busy weekend, challenges may occur in managing the fast processing of invoices and bills. For instance, studies say that the worldwide e-invoicing market is estimated to reach 5.50 It will only make them stay ahead of their competitors.
billion by 2027, with nearshore outsourcing being a significant contributor. It also offers greater flexibility in scaling teams based on project needs, a crucial factor in today's fast-paced business environment. According to Statista, the global IT outsourcing market is projected to reach $587.3
million by 2027, indicating a CAGR of 22.5% from 2020 to 2027. Thus, the use of chatbots in healthcare systems refers to an innovative approach to patient engagement and it is predicted that the global market size of the chatbots in the industry will be $314.3
The call center outsourcing industry on the global front is expected to be valued at $496 billion by the year 2027 and will be growing at an accelerated rate of 5 % CAGR. 1% from the year 2020 to 2027; in fact, it indicates that outsourcing is gaining more and more popu.
between 2020 and 2027. Just ask industry watchers and technology decision-makers across industries and the globe. Grand View Research foresees the RPA market to show a compound annual growth rate of (CAGR) of 40.6% Other surveys have shown a similar acceptance of the technology to automate, accelerate, and streamline businesses.
It’s no wonder the global Legal Process Outsourcing market size is expected to grow to $62 billion by 2027. Additionally, outsourcing gives legal firms back time for more strategic initiatives, higher-value services, and expanded service offerings. Benefits of Outsourcing Legal Document Data Entry 1.
from 2021-2027 to reach USD 1,334.3 billion by 2027.” All the points discussed earlier in this article add up to why there is a shift to digital transformation throughout the world. Here in our region, the “ digital transformation market is expected to grow at a CAGR of 13.5%
An initiative called Sunrise 2027, being coordinated by GS1 US and industry, will soon take the industry’s initial interest in this form of 2D barcode a step further.
From 2021-2027, the CAGR of the 5G services market is expected to be 43.9%. from 2019 to 2027. With the need for new developments in healthcare, stores having to adapt to new consumer climates, and people increasingly working from home, the IoT will only continue to adapt to changing conditions, and even thrive under these pressures.
PMI says that by 2027 employers will need nearly 88 million project managers. They should be able to connect with others with skills that you can’t get from your robot colleague. Strategic thinking. Creativity. Motivation and persuasion. Thoughtful customer service.
million by 2027, up from $511.5 The global PEO Service market size is projected to reach $1243.6 million in 2020. Trends in the way we work and how companies are evolving and expanding mean that this accelerated growth isn’t likely to slow down any time soon. But what exactly is a PEO and why is there such demand for them?
Effective from 1 January 2020, the government of Egypt had announced that the monthly social security minimum and maximum contribution base amounts will increase on an annual basis until the tax year 2027. 2027 3,200 19,300. Monthly Amount in EGP. Tax year Minimum Contribution Base Maximum Contribution Base. 2023 1,700 10,900.
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