TREND REPORTS
Sports and Music Tourism Will Soon Represent a $1.5 Trillion Economy
[Business]
2024/08/12 09:10
Sports and music tourism is seeing huge growth. In 2023, sports tourism was valued at $564.7 billion and is expected to almost double in value to $1.33 Trillion by 2032*. Similarly, music tourism is expected to see huge growth, forecasted to reach $13.8 Billion by 2032**.Key FindingsMore than four in five (83%) have travelled by plane for sports and 71% for music in the past three years or plan...
The Robot Companion Helping Seniors Thrive with Joy and Connection - Silbo
[Design]
2024/08/12 09:09
Imagine a world where seniors don’t just get by, they thrive. Where technology isn’t just a tool, but a companion, that’s where you’d have SILBO, a unique robot designed not just to help, but to be a true friend to seniors navigating the later stages of life. The name “Silbo” comes from the Spanish word for “whistle,” capturing the lightness and joy it hopes to bring into the lives of i...
(PDF) Mckinsey - How European Consumers Perceive Electric Vehicles
[Consumer]
2024/08/12 09:08
As the electric-vehicle market continues to grow in Europe, customer expectations are also evolving.Electric vehicles (EVs) are no longer a niche business. They now account for 16 percent of new-car sales in Europe, up from under 1 percent in 2019. Despite the removal of purchase subsidies in certain markets, such as Germany at the end of 2023, sales have remained stable. Since the beginning of...
US Luxury Spending Down 11% in July, Says Citi
[Business]
2024/08/12 09:07
Credit card data from Citi Research suggests a steep decline in spending for luxury leather goods and ready-to-wear, while watches saw unexpected growth. The personal luxury goods market is set to grow 4 percent in 2023, said Bain & Company.US consumers spent 11 percent less on luxury goods in July compared to the same month last year, Citi Research said Friday citing data from a panel of 1...
For Automakers, Autonomy And Sustainability Are Top Startup Investment Themes
[Investing]
2024/08/12 09:06
In a typical year, major automakers participate in several billion dollars worth of startup funding rounds. And so far, 2024 is not bucking the trend.Per Crunchbase data, the largest global automakers and their affiliated venture funds have joined in at least 52 startup funding rounds this year, collectively valued at close to $2.8 billion. By deal count, the pace of activity is similar to what...
(Video) Mosquitoes Can Fly But They Can't Hide from The Bzigo Iris
[Product]
2024/08/12 09:05
Mosquitoes are masters of evasion when indoors, seemingly disappearing after you unsuccessfully try to swat them or grab them out of the air. That's where the Bzigo Iris comes in, as it tracks them and shows you where they are.Made by Israeli startup Bzigo, the Iris first caught our attention in 2020 when it was still in prototype form. Fast-forward four years, and the device is now commerciall...
Half of US Mobile Gamers Spend More Than $50 on Games Each Year
[Consumer]
2024/08/12 09:04
50% of adult US mobile gamers spend between $1 and $50 per year on mobile games, according to an April 2024 CivicScience survey.Beyond the chart:Mobile games will generate $23.44 billion in US in-app purchases in 2024, with $22.50 billion of that coming from virtual goods sales, according to EMARKETER’s forecast.In 2024, US mobile game ad revenues will reach $7.77 billion, per our March 2024 f...
LoFone has a Unique Colour E-Ink Display
[Product]
2024/08/12 09:03
LoFone has a unique colour E Ink display that is gentle on the eyes, promotes better sleep and has incredible battery life.The case and battery are replacable.It has a point and shoot camera with no live preview, to make photo taking impulsive and fleeting.It also has a torch, a headphone socket and a user-assignable action button, making it just as useful as a smart phone.Unlike other phones,...
(PDF) Mckinsey - Gen AI’s Next Inflection Point
[Business]
2024/08/09 09:10
As many employees adopt generative AI at work, companies struggle to follow suit. To capture value from current momentum, businesses must transform their processes, structures, and approach to talent.After nearly two years of debate, the verdict is in: generative AI (gen AI) is here to stay, and its business potential is massive. We’ve already witnessed an exponential rate of gen-AI-related in...
