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Buy now, pay later (BNPL), also referred to as point of sale (PoS) installment loans, is a short-term financing option that enables consumers to spread out payments for purchases over a period of time. The increase in eCommerce activity during the COVID-19 pandemic brought along with it a strong interest in alternative spending options. BNPL, a sub...

Globally, the aging population is enlarging, and this group’s participation in the labor market is increasing accordingly. By 2030, people aged 60 and above are expected to outnumber children under age 10 by 60 million. Projections estimate 30% growth in labor participation from the 65+ age group. At global scale, the increase in life expectancy pr...

India’s expanding economy and population are the biggest drivers of energy demand. Universal access to electricity is one of the primary aims of the Government, which has launched multiple schemes to support Production, Transmission and Distribution of electricity. Electricity demand in India is growing at 13% per annum, whereas its connection grid...

17 Nov 2021  |    |  Megatrends

Growth Opportunities in Retail 2.0

Key Retail Transformations Enabling Growth and Innovation to 2030

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Retail is undergoing a major transformation as trends converge to create new opportunities for the industry. Specifically, the rise of gen Y and gen Z, the digitization of retail, and the upcoming post-COVID-19 economy will compel retailers to rethink their strategies and embrace a more omnichannel and frictionless retail model. Consumers’ rapi...

As geopolitical tensions continue to disrupt critical supply chains and cloud global economic prospects, countries are increasingly working toward building robust multi-industry domestic manufacturing capabilities. While this trend is witnessed across many countries, emerging economies such as India, China, Indonesia, Vietnam, and Mexico are, parti...

This market insight gives a quick look at the Global Rugs and Carpets market which promises a great futuristic growth in the regions of Europe and North America.

Owing to India’s gradual shift from a services-based to an industry-driven economy major manufacturing sectors such as steel are expected to grow at a healthy rate of 7% during 2016-20 to reach 200 Mn MT by 2020, mainly driven by automotive and auto component industries. Due to increased domestic competition and imports for conventional steel grade...

Artificial intelligence (AI) can be defined as machines running cognitive processes that are designed based on human intelligence. AI is one of the foundations for the growing digitization of industries or Industry 4.0 around the world. The application of AI leads to productivity and economic growth, as these technologies are capable of analyzing l...

The research service sets the stage for visionary thinking by identifying and analyzing one of the significant Mega Trends, Smart is the New Green. 'Smart' as a value proposition has been increasingly replacing 'Green' concepts. This presentation would highlight examples of projects, companies and technologies that will invade and change the smart ...