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annually through 2026, driven by an improving economic outlook. The worldwide energy market is expected to experience a compound annual growth rate (CAGR) of 4.84% from 2024 to 2028. Global demand for electricity is forecast to rise faster over the next three years, growing by an average of 3.4%
The on-demand delivery market is expected to grow by an average of 13% a year through 2028, a slowdown from 20% annual growth from 2019 to 2023, Xu said in the report. "FlashEx has strategically exited some 2B businesses since 2H24, as the company is focused more on" unit economics," Xu said.
These developments have laid the groundwork for a balanced and innovative economic future for the entire UK, with the North as a key contributor. The VR and AR games industry is forecast to grow to over $84 billion by 2028 as technology develops.
Special needs transportation industry sales are forecast to increase at a 5.67% compounded annual rate from 2024 to 2028, faster than the growth of the overall economy, according to Inforum and the Interindustry Economic Research Fund, Inc.
Reports highlight a global shift toward moderation, with no- and low-alcohol (no/low) beverages projected to grow at a +7% CAGR from 2024 to 2028. Economic uncertainty and consumers crimped by inflation could continue to pressure discretionary spending, including alcohol sales.
By 2028, 20% of people are expected to engage with immersive, location-based content weeklyan exponential leap from todays less than 1%. billion by 2028, boasting a compound annual growth rate (CAGR) of 23.4%. trillion economic boost forecasted by PwC. For investors, this isnt just a trend to watch; its an opportunity to act.
Digital payments in Singapore will grow by 2X to US$180 billion by 2029 and its eCommerce market, currently valued at US$20-23 Bn, is anticipated to reach US$40Bn by 2028, ranking it among the top digital markets in APAC. 40% of SEAs online digital payments in 2024 were through Real-Time Payments in Singapore.
Most recently, pharmaceutical company Johnson & Johnson announced a $55 billion investment in US manufacturing, as well as Hyundai Motors who announced a commitment of $21 billion in domestic manufacturing from 2025 to 2028.
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