The use of cloud-based subscription software is increasing rapidly. Analysts expect the global public cloud services market to expand at a CAGR of 16.4% between 2020 and 2027 (source: Allied Market Research, 2020).
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Almost 80% of companies believe they will need to change their benefit offerings to meet the needs of future generations in a post-pandemic world.
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Organisations are increasingly employing alternative legal service providers (ALSPs) for many of their routine legal needs as a means to reduce their legal costs.
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More than 80% of buyers believe that innovation and performance are the most important stakeholder criteria when selecting a software developer
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Asia-Pacific is expected to remain the largest market for the industry due to increasing urbanisation, rising investment in infrastructure, and affordable-housing projects.
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The global fourth-party logistics (4PL) market was estimated to be valued at $57.65bn in 2019 and is projected to reach $84.43bn by 2026, expanding at a CAGR of 5.5% between 2019 and 2026 (source: Globe Newswire, 2021).
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Global warehousing costs are expected to rise considerably in 2021, driven by rising demand, low supply levels and rising construction costs.
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Implementation of technologies in existing products and service lines, and government initiatives in relation to insurance policies are providing insurance brokerage firms with lucrative opportunities for growth.
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The Covid-19 pandemic reshaped many business priorities, stalling M&A activity and international tax activities, which led to a fall in demand for tax consulting services
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The outlook of the commercial property leasing market remains uncertain in the wake of the Covid-19 pandemic. The demand for office space has been severely affected by social distancing, lockdowns, quarantines, redundancies and remote working.
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