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FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

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The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. The firm expects eCommerce to grow from the current figure, $445 billion, as consumers continue to move away from traditional retailers.

Retail 114
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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

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In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

Retail 177
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Report: Social Commerce Market Reaches $89B

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Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021. In fact a new report puts the global market for social commerce at $89.4 billion by 2027, growing at a CAGR of 31.4

Marketing 209
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Innovative Approaches To Retail And PCI Compliance

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6.8B: Estimated size of the global tokenization market by 2027. . $617: Approximate amount each American spends yearly on electronics and appliances. 246: Number of non-waivable regulatory requirements under PCI DSS.

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Innovative Approaches To Retail, Digital Payments And Healthcare 

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And shoppers want technology solutions like self-checkout in post-COVID-19 retail environments, while healthcare companies are teaming with pharmacies to provide patients with access to primary care clinics. 87.6B: Projected value of the global payment gateway market by 2027. All this, Today in Data.

Retail 136
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QR Codes Enjoy A Renaissance In A Post-COVID World

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For example, PayPal introduced QR codes in May to 28 markets worldwide, with transaction fees waived for QR code sales. “We And as we recently noted , the overall contactless payment market is expected to hit $4.68 trillion by 2027, according to a recent report by Grand View Research.

Apple 293
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Reliance Tests eCommerce Portal In India

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A new shopping portal by Reliance Retail initiated testing just days after it was announced that Facebook would invest $5.7 Ambani, Asia’s richest man, is now a bit closer to his goal of establishing an eCommerce platform to rival Amazon or Walmart’s FlipKart in India’s ripe market for that field.

Regional 215