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Office Lending – Here is Why It is Not as Bad as The Market Thinks

South State Correspondent

Between now and the end of 2027, it is estimated that $2.2T If you add these metrics, office attendance has stabilized nationally and started to trend higher in 2024. Groundbreakings declined to below 300,000 square feet in the nation, the lowest volume on record. of office loans is coming due. Current usage is pegged at 61.7%.

Lending 195
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FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

PYMNTS

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. Another report by retail industry group the National Retail Federation (NRF) suggests non-store sales, which include sales processed online, will expand this year as well.

Retail 114
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Today In Data: All Digital, All The Time, Everywhere

PYMNTS

trillion: Estimated value of the global digital payments market by 2027. 60: Approximate number of nations that, as of November 2018, were pursuing a digital identity plan. 100 million: The expected installed base for smart speakers by the end of 2018 – 2.5 times the installed base at the same time in 2017.

Data 151
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Chinese Advertising Generates $27B For TikTok’s ByteDance

PYMNTS

billion, about 33 percent of the 2019 market. billion by 2027. . buyers when the Trump Administration tried to ban the app citing national security. In the first half of 2019, ByteDance brought in $7.6 billion in advertising, capturing 23 percent of China’s total digital ad spend, according to consultancy R3, per Reuters.

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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing. percent by 2027, when it will reach a total valuation of $87.6 Across The Payments Orchestration Ecosystem. It is expected to grow at a compound annual growth rate (CAGR) of 11.1

Mobile 181
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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way. By the year 2027, Forrester is predicting U.S. Gownder recently shared his thoughts on how automation will impact the job market. employment will see a 9.8

Retail 121
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India’s Snapdeal On Board With New eCommerce Rules

PYMNTS

Every nation has a right to frame policies that best suit its economic and social needs,” Snapdeal said in its letter. Prior to the new regulations, Reuters noted Morgan Stanley forecast the Indian eCommerce market to grow 30 percent annually, hitting $200 billion by 2027.