According to Gartner’s latest report on Global IT spending, economic recovery across the world is helping improve worldwide IT spending which is now projected to grow 3.2% this year to $3.8 trillion. Gartner expects a significant recovery in the Devices Market as global spending will grow 4.4% to $689 billion compared with a 1.4% decline
According to an eMarketer report, growth in online travel sales will be driven by the increasing adoption of digital tools by emerging markets. The researcher expects only three countries to see double digit growth in online travel sales by 2017. China is expected to lead the market with 20% growth in 2017 followed by Italy’s
Not only has the Internet penetrated the services we use, but it is rapidly becoming a part of our devices as well. Known as the Internet of Things (IoT), today the Internet is being used to access almost everything from mobile phones to wearable devices, washing machines, house lights, and other such appliances. According to
According to a recent report released by Forrester, e-commerce sales in the markets of China, Japan, South Korea, India, and Australia will grow at a compound annual growth rate of 16.6% to $858 billion in 2018. The report predicts that growth rate in the developed markets of Japan will be comparatively slower at 10%. Japan’s
Today there is a growing importance of online review sites in the consumer decision making process. A Merchant Warehouse infographic released last year revealed that 72% of consumers trusted online reviews for their decisions. The study found that 90% of the visitors to online review site Yelp (NYSE: YELP) were influenced by the reviews they
A recent IBISWorld research saw the revenues of US consumer credit scoring agencies grow 5% annually over the period 2009 through 2014 to be worth $11 billion this year. The market is dominated by the three key credit score providers – Equifax, Experian, and TransUnion. Today, US consumers have nearly $13 trillion in outstanding debt
The interest in social blog sites, along with their valuations, has been growing rapidly. Last year, Yahoo acquired social blog site Tumblr for a whopping $1.16 billion. More recently, Automattic, the company that powers WordPress.com raised funds at a valuation of $1.16 billion as well. Here is a brief overview of how they have done
According to the United Nations International Telecommunications Union, by the end of the current year, nearly 3 billion people or 44% of the world’s households will have access to the Internet. Internet penetration is understandably the highest in the developed regions of America and Europe at 66% and 75% respectively. While three quarter of the