Trends

50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics and Consumer Demographics

DUBLIN, July 4, 2022 /PRNewswire/ — The “Argentina Social Commerce Market Intelligence and Future Growth Dynamics Databook 2022” report has been added to ResearchAndMarkets.com’s offering.

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The social commerce market is gaining momentum along with the rise of e-commerce in Argentina. Over the last four to eight quarters, the social commerce industry has gained rapid momentum across Latin America, especially in Brazil and Mexico. The trend is also gaining momentum in other Latin American countries, such as Argentina, where the e-commerce industry has recorded significant growth ever since the outbreak of Covid-19. In parallel to the growth achieved by the e-commerce sector, buying through social media platforms has also gained popularity among consumers.

Key Findings:

  • The social commerce industry in Argentina is forecast to grow by 47.6% on annual basis to reach US$1110.9 million in 2022.

  • The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 39.8% during 2022-2028.

  • The social commerce GMV in the country will increase from US$1110.9 million in 2022 to reach US$7838.0 million by 2028.

While the major chunk of online shoppers still prefers buying through e-commerce platforms, the popularity of the social commerce business model is gaining ground in the country. According to Q1 2022 Global Social Commerce Market Survey, nearly 7.5% of the consumers prefer buying through social commerce, whereas the number is more than 35% for e-commerce platforms. However, with the growing popularity of the social commerce industry in Latin America, more and more consumers are expected to adopt social commerce in the country over the next four to eight quarters.

The survey also revealed that close to 45% of the consumers are not able to differentiate one channel from another in Argentina. Consequently, it suggests that there is ample growth room for the social commerce industry in the country, provided that social commerce platforms can create awareness and differentiate themselves from e-commerce platforms. As more consumers shift to social commerce platforms over the next few quarters in the country, the publisher expects more global and regional players to enter the Argentinian social commerce market.

Approximately 40% of the consumers in the country have made purchases through social commerce platforms. However, as the business model becomes clearer to consumers in Argentina, the adoption rate is expected to surge significantly from the short to medium-term perspective.

Social networks are offering tools to small businesses to gain market share in Argentina

Social media platforms offer small business owners tools to set up their virtual shops on the platform to penetrate the social commerce sector. During the global pandemic, this strategy of offering tools to businesses helped social networks to gain widespread popularity in the social commerce market in Argentina. Moreover, the shift toward online shopping among consumers has also led these social media platforms to innovate with their service offerings in the last few quarters.

With the online shopping trend expected to continue among

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The Prime 10 Engineering and Business Trends of 2022

As Covid-19 vaccinations boost globally, lifestyle is receiving back again to typical. However, it is no extended the entire world we professional ahead of the pandemic. The extensive-expression mother nature of this global crisis has altered buyer needs and day-to-day lifestyles. This will, in turn, adjust what I hope the entire world to search like in 2022 and further than. Let us critique the prime 10 technological innovation and small business tendencies that we will most likely face in the coming calendar year.

Momentum in Everyday living Science Technologies

The existence science market comprises prescription drugs, biotechnology, environmental sciences, biomedicine, nutraceuticals, neuroscience, cell biology, and biophysics. Partially mainly because of increased investments in mRNA vaccine technologies and large-effectiveness Covid-19 screening, 2021 has pushed excellent innovation in daily life science systems.

Examples of this innovation include the mRNA-based mostly vaccines designed by Pfizer-BioNTech and by Moderna. Modern Covid drug developments by Merck have also pushed the everyday living science business ahead fast.

Wanting in advance, I anticipate we will see strong motion in the several existence science sectors, including innovative study software of robotics technological know-how synthetic intelligence (A.I.) resources use of cloud technologies the improvement of drug screening velocity integration of genetic facts and use of gene technologies. I also foresee the advancement of individualized medicine via progress in genetics technological innovation. The startup 23andMe, for case in point, assists folks accessibility, understand, and profit from the human genome.

Networking and Interconnectivity: Growth of 5G-6G and Satellite-Based mostly Online Utilization

As remote performing gets commonplace, net trustworthiness becomes a lot more essential than ever. The online of items (IoT) makes the world wide web a much more integral section of our lives, and developments at all network degrees will keep on to generate exploration and drive the internet economy forward.

In accordance to Cisco’s Visual Networking Index forecast update for 2018, there will be 1.4 billion additional people working with the world wide web by 2022, compared with 3.4 billion consumers in 2017. This equates to practically 60 percent of the international populace, assuming a populace of eight billion by 2022. By then, world wide web consumers are envisioned to take in 4.8 zettabytes of details per 12 months, 11 instances the total of IP targeted visitors created in 2012, with 437 exabytes.

Even though 5G may perhaps be in its infancy, we are going to see an amplified emphasis on 6G in 2022. China started off investigation into 6G in 2018. By late 2020, the state had introduced a satellite to examination terahertz sign transmission. Huawei and ZTE ended up involved. The U.S. also began 6G exploration in 2018 with the Federal Communications Fee (FCC) opening higher frequency spectrum for experimental use. A Upcoming G Alliance was began in 2020, with companies on board which includes Apple, AT&T, and Google. Korea, Japan, and some European nations have began seeking into 6G critically, and we anticipate to see additional bulletins in 2022.

High-Efficiency Computing Results in being Mainstream

Provided

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The Top Business Technology Trends for 2021-2022

With the new year just around the corner, the world of business is set to see great change. From 5G and the Internet of Things to the blockchain, new technology trends are creating a digital transformation for companies on a global level. In this article, we’ll take a look at the latest trends in technology to keep an eye out for in 2022 and beyond.

Top Technology Trends for Businesses in 2022

2022 Updates to ISO 27002

In 2022 there will be an update to the ISO 27002 supplementary standard (ISO 27002:2022). ISO 27002 is a reference guide for implementing the optional security controls listed in Annex A of ISO 27001. These controls help companies create an ISMS (information security management system) that complies with the Standard.

Examples of Proposed Changes

  • New controls including data leakage prevention and web filtering.
  • Re-structuring/consolidations/removal of existing controls

While these updates will not have an immediate impact on the ISO 27001:2013 framework, they will provide added context and clarity for those seeking ISO/IEC 27001 certification in 2022, particularly as it relates to modern data security practices such as cloud security.

5G and the Internet of Things (IoT)

The impact of IoT on security in the workplace

Learn more about the security impacts of IoT in our infographic

5G’s future rests on software-defined networking (SDN), whose main concept is to decouple the infrastructure of wireless networks from expensive, closed hardware and shift it to an intelligent software layer running on commodity hardware.

Tom Canning, NetworkComputing.com

The 5G network represents the next generation of mobile communication. Its speed improvements alone are a revolution; 5G will take roughly one millisecond to respond to commands, whereas 4G can take up to 200 milliseconds.

The improved efficiencies offered by the 5G network will benefit businesses that rely on IoT (physical things connected to the internet). Self-driving vehicles, for example, rely heavily on IoT devices to navigate roadways and traffic. Property management and leasing companies are now using IoT devices to build and maintain smarter buildings that utilize connected HVAC infrastructure and automated door locks, thermostats, smoke detectors, and more.

Investing in the 5G network and expanding the use of IoT in business will also help to reduce a company’s carbon footprint. The reputation of a business is now, more than ever, heavily predicated on the practices and technology put in place to help reduce the harm that the operation inflicts on the environment and the climate.

With digital technology systems such as 5G and IoT, businesses can reduce their carbon footprint by up to 15% by 2030, according to an article published by Jens Malmodin and Pernilla Bergmark for the Atlantis Press.

Artificial Intelligence

AI has become integral in our daily lives as smartphones and their various applications, including artificial intelligence software such as Apple’s Siri and Google Assistant. McKinsey estimates that by 2024 AI-generated speech will be behind more than 50% of people’s interactions with computers.

With AI, your smartphone can be used to measure distances and to simulate the way that a piece

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