A recent report published by researcher Ovum, Social Messaging 2014 Trends to Watch, projects the number of messages exchanged on social messaging apps to grow more than 2.5 times next year from 27.5 trillion to 71.5 trillion by the end of 2014. The growth in social messaging will be driven by the adoption and availability
According to research by Visa, e-commerce sales in Latin America are projected to be more than $69 billion this year. Sales are projected to grow to more than $100 billion by the end of the next year. Latin America is the fifth largest e-commerce market in the world.
The latest report by Global Business Travel Association (GBTA), estimates worldwide business travel spending to grow 5.4% this year to $1.12 trillion. This growth is expected to increase in the coming years, with the market projected to grow 7.5% annually to $1.50 trillion by 2017. Travel expense management services provider Concur (Nasdaq:CNQR) is also seeing
According to recent S&P/Case-Shiller Home Price Indices, housing prices in the country rose the fastest in August this year since their bubble in 2006. Another report by Zillow, (Nasdaq: Z) also found that the volume of sales has increased. In 2006, the volume of sale transactions for houses had peaked to 7 million. But the
According to recent data released by the China Internet Network Information Center, 591 million people in the country were using the Internet as of June 2013. That translates to a 44% internet penetration rate. Mobile Internet users are growing fast and account for 420 million Internet users in the country. Most Chinese Internet players are
The advancements in mobile and internet technology have helped the growth of some innovative service companies. One such start-up is San Francisco–based Uber, which offers a solution for car transportation and logistics using mobile technology.
Gartner’s PC Shipment report for the third quarter this year did not offer any bright spots in PC sales. According to the report, worldwide PC shipment fell 8.6% over the year to 80.3 million units. Normally the third quarter has the advantage of back-to-school sales. But despite this advantage, sales were the lowest since 2008.
Gartner’s recent forecasts for worldwide enterprise software peg the worldwide CRM market to grow 15% annually from 2012 through 2017. Many CRM companies are expecting strong growth. But this rising revenue is not necessarily turning into profits.