According to retail consultant Technopak Advisors, India’s online market is projected to grow to $70 billion by the year 2020. Another researcher pegged the e-commerce market in the country to grow 50% this year from $1.2 billion in 2012 to $1.8 billion. The industry is prompting international giants like Amazon and eBay to experiment with
According to a Gartner report, worldwide revenues from mobile advertising are projected to grow 400% over the period 2011 through 2016 to $24.5 billion. Gartner estimates the market to grow from $9.6 billion last year to $11.4 billion in 2013, driven by the economies of China and India as their growing middle classes become a
Market reports pegged the vacation rental market for the U.S. and Europe at $85 billion in 2010. The market continues to grow, and according to recent reports last year, its value increased 10% over the year. Besides entire homes being rented out for vacations, there is also an increasing trend of individuals sharing rooms within
The growing popularity of internet radio stations has led several technology giants to enter the space. In June, Apple announced the release of iRadio, its online radio offering, to directly compete with internet radio stations like Pandora. Google also entered the space with the release of a paid service, Google Access, that lets users listen
eMarketer expects overall advertising spend in the U.S. to grow at 3.5% annually over the period 2012 through 2016. Within advertising, online video advertising is among the fastest growing segments, with a projected compounded annual growth rate of 28.9% during this period to be an $8 billion segment. Advertisers spent $2.9 billion last year on
According to Euromonitor International, global retail sales, excluding grocery sales, were worth $7.5 trillion last year. Globally, as access to the Internet and mobile devices increases, there is a rise in the use of online tools to make purchase decisions. A recent report by IDC estimates the consumer e-commerce market at $987 billion globally. IDC
A report by MarketsandMarkets published last year, “Bring-your-own-device (BYOD), Consumerimization of IT (Co-IT) and Enterprise Mobility Market – Global Advancements, Business Models, Market Forecasts & Analysis (2012 -2017)” estimates the BYOD and Enterprise Mobility market to grow 15% annually from $67.21 billion in 2011 to $181.39 billion by 2017. In 2011, North America accounted for
According to a report by GIA, the global IT consulting market is projected to be worth $255 billion by the year 2015. Over the past several years, the economic recession had hurt the industry and growth had slowed. The analyst expects the market to pick up soon. Meanwhile, current depressed conditions in the European region