Travel and Tourism is one of the key sectors that play a pivotal role in any Country’s Economy and make a significant contribution to the country’s GDP. The Travel Industry is a vast and complex sector that encompasses many industries, including accommodation, transport, attractions, travel companies, and more. According to Statista Research Department, the total …
The toy industry is one of the biggest contributors to the world economy. Play has a significant role in a child’s mental development and cognitive abilities, alongside providing them with harmless entertainment. In 2021, the toy industry was valued at approximately $140.8 billion and is expected to reach $230.4 billion by 2028 at a compound …
The Global Sports Market is a vast industry that can be broken down into several subcategories, which transcend different markets and, in some cases, directly affect the world economy. The professional sports market is one such submarket, which includes broadcasting and licensing, sponsorship, and many others. The market for sporting goods is another submarket that …
The retail industry is a vast and diverse sector that encompasses the sale of goods and services to consumers across various channels of distribution, including physical or in-store retail, non-store retailing, and online retailing or e-commerce channels. According to Statista, the global retail market generated sales of over 27 trillion U.S. dollars in 2022 and …
Travel portals are online marketplaces that offer easy comparison of essential travel related services from a wide range of companies. These services include booking airline tickets, charter holiday packages, hotel accommodations, and booking a rental car. Online travel business is a booming industry and will continue to be so. According to Statista, as estimated, the …
Digital transformation is a complex process that requires a clear definition and vision for what it means. The essence of digital transformation is to become a data-driven organization, ensuring that key decisions, actions, and processes are strongly influenced by data-driven insights, rather than by human intuition. According to an article by Harvard Business Review, there are five …
The fashion industry is a dynamic and ever-evolving field that plays a significant role in our society. It encompasses various aspects such as clothing, accessories, and trends. Fashion designers are at the forefront of this industry, creating unique and innovative designs that shape the way we dress. Additionally, fashion shows and events showcase the latest …
The Education Industry is expanding rapidly and its many businesses are eager for new talent, including experienced professionals and enthusiastic individuals just entering the workforce. The education industry can be described as the collection of organizations and businesses that provide products and services aimed at enhancing the quality of education in society. According to the reports of …
Digital transformation is the process of using digital technologies to improve or create new business processes, services, and experiences. It is the process of adoption and implementation of digital technology by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format. Digital …
Business agility is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways. In an agile business, teams focus their collaborative efforts on the projects they identify as the highest priorities. They break big ideas into bite-sized tasks, measure the impact, and improve the processes along. Why …
