As Islam prohibits the consumption of pork and alcohol, lard-based lipsticks and many perfumes are among beauty products that are off-limits to strictly observant Muslims.Thanks largely to a 2013 European Union ban on animal testing and a skyrocketing demand for vegan cosmetics, many new make-up products contain no animal by- products at all. However, labelling…
According to the latest market study released by Technavio, the industrial robotics market in the U.S will continue to grow at a CAGR of 12.25% during the forecast period (2016-2020).SCARA robots are rugged, fast, and durable. They are highly preferred in the automotive industry for pick and place, welding, and spray painting applications. They are…
Jabong, Rocket Internet Group’s flagship company in India, reported an operating loss of R426 crore in FY15, marginally lower than in the previous year. The fashion e-tailer’s revenue growth slowed to just 7% at R866 crore whereas in the previous year revenues had grown at a far more robust 136% to R811 crore. According to…
The global market for industrial PCs, those typically used in automation industrial control tasks, is expected to experience short-term growth in 2016 and will begin to stabilize in 2018, according to a new analysis from IHS. The continued use of these PCs in situations outside of traditional automation tasks is cited as the reason for…
Online shoppers in the United States spent $92 billion on apparel, footwear and accessories in 2015. That’s according to a new report, by global technology research and advisory company Technavio. “With e-retailers providing more security features for online payments, free delivery, improved online customer service, and customer-friendly, easy-to-navigate shopping websites, a growing number of consumers…
An order from Cebu Pacific for turboprop aircraft is a main driver of growth in the next five years for the aircraft propeller systems market, which is nearing $1 billion yearly, according to Technavio.The market research firm said in a report that demand in Asia Pacific, particularly from the Philippine low-cost carrier, was an industry…
Technavio’s latest online fashion retail market in the U.S. report highlights four key emerging trends predicted to impact market growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.“The online fashion retail market in the US for apparel, footwear,…
In the past five years, more and more businesses have adopted the desktop virtualization model, citing benefits such as efficiency, security, application data mobility, lower costs, and end user satisfaction. According to Technavio, the virtual desktop infrastructure (VDI) market shows no signs of slowing down. It is expected to reach $14 billion globally by 2020.Despite…
Technavio predicts the security appliance market by large enterprises to grow at a CAGR of 12.25% to reach USD 57.45 billion by 2020. In 2015, large enterprises accounted for the largest market share with 43.41%. A major factor contributing to the growth of the market in the recent years is the growing concern over physical…
A big chunk of Indian society still likes to pretend sex doesn’t exist but that hasn’t yet stopped anyone from doing it for procreation, obligation, recreation, or even revenge. Lately, the recreational element of this basic human instinct has got a bit of a push with intrepid entrepreneurs launching estores for sex toys and wellness…
