Information Technology & Services

  Social Commerce Market Growth & Trends The global social commerce market size is anticipated to reach USD 6,243.94 billion by 2030, and it is set to expand at 31.6% CAGR from 2023 to 2030, according to a new study by Grand View Research Inc. Growing ease of online purchases is considered the most significant factor driving social commerce demand. Combining entertainment with impulsive purchasing habits continues to drive social commerce. It provides brands, and retailers with a new medium, which holds enormous potential for value generation. The growing use of the internet for advertising practices has revolutionized the business model of various companies. Moreover, it has also created alternate revenue streams. The easy availability of high-speed and affordable internet services for customers offers marketers a new channel to reach out to their target audience. This has led to the rise of influencer marketing practices. Brands have developed more individualized advertisin...

  Dashboard Camera Market Growth & Trends The global dashboard camera market size is expected to reach USD 7.64 billion by 2030, registering a CAGR of 9.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth can be attributed to an increasing adoption of dashboard cameras in automobiles worldwide. This technology is being incorporated in several commercial as well as personal vehicle dashboards, as it empowers the driver to take control of the vehicle’s security and enables them to record incidents such as collisions, theft, and vandalism. In September 2023, Cobra Electronics introduced the RAD 700i-connected radar detector, which offers advanced features at an affordable price point. Rising awareness about in-car safety, along with favorable government initiatives, is expected to drive the global market over the forecast period. Law enforcement agencies traditionally used dashboard cameras and car DVRs across the world. Nevertheless, as per ...