You are here
Home > Market research (Page 2)

Category: Market research

Rise Above Research announces new photo reports Market research News 

Rise Above Research announces new photo reports

GaryPageau
Rise Above Research has updated its reports page with the latest industry research. Here are some of the recent entries: 2024 US Photo Prints Forecast: 2023-2028  – The 2024 US Photo Prints Forecast: 2023-2028 is a five-year forecast for traditional photo prints, with volume and revenue broken out by home, online and retail store printing. The report includes a summary... Read More
NRF: Economy ‘on the cusp’ of a soft landing with recession unlikely   Market research 

NRF: Economy ‘on the cusp’ of a soft landing with recession unlikely  

GaryPageau
With the economy slowing but still growing and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have dodged a recession, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “The U.S. economy is clearly not in a recession nor is it likely to head into a recession in the home stretch of... Read More
Samsung, Apple and Xiaomi command half of the global smartphone market so far this year Market research 

Samsung, Apple and Xiaomi command half of the global smartphone market so far this year

GaryPageau , ,
According to Statista, while not quite a duopoly, Apple and Samsung have long been known to produce the most popular smartphones from a global perspective. Over the past years, however, Chinese tech companies have started catching up and, at times, even overtaking the product lines of both the South Korean and the U.S. phone manufacturers. The chart above is based on data from the IDC... Read More
Fiverr: With Gen Z planning to spend more, retailers focus on AI, social media, and deep discounts Market research 

Fiverr: With Gen Z planning to spend more, retailers focus on AI, social media, and deep discounts

GaryPageau
Fiverr International Ltd. released research exploring retailers’ readiness for the upcoming holiday season. Fiverr conducted a global survey of more than 2,500 consumers and more than 2,500 small-to-medium business leaders (excluding sole traders) in partnership with Censuswide, across USA, UK, Germany, France, and Australia. The findings reveal a more strategic approach to how businesses manage marketing efforts, freelance talent, and... Read More
IDC: Worldwide smartphone market forecast to grow nearly 6% in 2024 Market research News 

IDC: Worldwide smartphone market forecast to grow nearly 6% in 2024

GaryPageau
Worldwide smartphone shipments are forecast to grow 5.8% year over year in 2024 to 1.23 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The 12% growth in the first quarter, followed by 9% growth last quarter, has brought improved optimism about how 2024 will play out in the second half of the year. Affordable... Read More
IDC: Worldwide spending on AI Forecast to reach $632 billion in 2028 Market research News 

IDC: Worldwide spending on AI Forecast to reach $632 billion in 2028

GaryPageau
Worldwide AI spending will exceed $632 billion by 2028, driven by a 29% CAGR from 2024-2028. GenAI investments will grow faster at 59.2%, reaching $202 billion. Financial services, software, information services, and retail sectors will lead spending. The largest category will be software, with notable growth in AI infrastructure, IT services, and business services. Read More
Circana: July retail sales reveal a summer vacation from discretionary spending Market research 

Circana: July retail sales reveal a summer vacation from discretionary spending

GaryPageau
Total U.S. retail sales across the combined view of discretionary general merchandise and consumer packaged goods (CPG) continued on the path toward a state of equilibrium in July, according to Circana, the marketing research firm. During the four weeks ending August 3, 2024, overall sales revenue remained level with the same four weeks last year, and unit demand declined 1%.... Read More
Census retail sales data for July shows increased spending despite strong-but-moderating economic growth   Market research 

Census retail sales data for July shows increased spending despite strong-but-moderating economic growth  

GaryPageau
Retail sales data released today by the U.S. Census Bureau shows consumers continued to increase their spending in July even as growth of the economy is moderating, National Retail Federation Chief Economist Jack Kleinhenz said. “July’s retail sale figures mirror the strength in the economy, which continues to expand even though there are pressures on growth,” Kleinhenz said. “The midsummer... Read More
CNBC/NRF Retail Monitor: Retail sales grew in July amid back-to-school spending and special deals Market research 

CNBC/NRF Retail Monitor: Retail sales grew in July amid back-to-school spending and special deals

GaryPageau
Retail sales continued to grow in July as consumers shopped for school and college supplies and took advantage of special promotion days offered by some retailers, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. “July’s data reflects what we are seeing across the economy, that while consumers remain cautious, they are... Read More
Mintel: German consumer sentiment hits a new low as economic inequality continues to grow Market research News 

Mintel: German consumer sentiment hits a new low as economic inequality continues to grow

GaryPageau
According to a new Mintel study on the lifestyles and attitudes of consumers in Germany, 85% of respondents feel most people in this country are in a bad mood at the moment. 85% of German consumers perceive current mood as ‘poor’ Within the group of German consumers reporting they are financially struggling, only a fraction reported an improvement, while 73%... Read More
NRF: Economy still growing, but could be slowing enough for Fed to lower interest rates Market research 

NRF: Economy still growing, but could be slowing enough for Fed to lower interest rates

GaryPageau
Key elements of the economy are still growing but appear to have slowed enough to be on track for the Federal Reserve to lower interest rates later this year, National Retail Federation Chief Economist Jack Kleinhenz said today. “The consumer environment has kept the expansion on a positive path toward a ‘soft landing’ despite high interest rates,” Kleinhenz said. “Meanwhile,... Read More
IDC: Worldwide Gen AI smartphone shipments forecast to reach 70% of themarket by 2028 Market research 

IDC: Worldwide Gen AI smartphone shipments forecast to reach 70% of themarket by 2028

GaryPageau , ,
The future of the smartphone industry is set to be transformed as worldwide generative AI (GenAI) smartphone shipments are forecast to grow 363.6% year over year in 2024 to 234.2 million units, according to a new International Data Corporation (IDC) forecast. This represents 19% of the overall smartphone market in 2024. IDC defines GenAI smartphones as devices that feature a... Read More
IDC: Chinese smartphone market accelerates to 8.9% growth in 2Q24, led by Chinese OEMs Market research News 

IDC: Chinese smartphone market accelerates to 8.9% growth in 2Q24, led by Chinese OEMs

GaryPageau
According to preliminary data from the International Data Corp. (IDC) Worldwide Quarterly Mobile Phone Tracker, China’s smartphone shipments grew 8.9% year over year (YoY) to 71.6 million units in 2Q24. The third consecutive quarter of growth led to 140.8 million units of shipments in the first half of 2024 and a 7.7% YoY growth. The recovery was supported by the... Read More
Gelato releases 2024 state of production report Market research 

Gelato releases 2024 state of production report

GaryPageau
Gelato, the global software platform for local on-demand production, has released its 2024 State of Production Report. Gelato surveyed more than 140 of its network print production partners and GelatoConnect users to inform the results as digital printers adapt to consumer trends, the company said. According to Gelaoto, the core findings from the report include: An integrated toolset is necessary... Read More
NRF: Census retail sales data for June shows modest gains Market research News 

NRF: Census retail sales data for June shows modest gains

GaryPageau
Data released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, said Jack Kleinhenz, chief economist, the National Retail Federation Chief Economist (NRF). “The path of household spending remains difficult to read,” Kleinhenz said. “Spending has been uneven but remains in good condition notwithstanding the slower pace of... Read More