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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177
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AI Healthcare Mkt Projected To Reach $36B By 2025

PYMNTS

Artificial intelligence (AI) in the healthcare market is expected to grow to $36.1 billion by 2025. “The growing adoption of NLP [in] applications such as patient-data and risk analysis, lifestyle management and monitoring, and mental health is propelling the growth of this technology in the market.”

Phoenix 177
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Banking Predictions 2024: Gray Skies Are Going to Clear Up (in 2025)

Gonzobanker

Prediction: A $100+ billion bank will acquire a smaller BaaS-focused bank in 2024 to accelerate its entry into the BaaS market and then bolster that acquisition by adding a healthy dose of technology, compliance and business development resources to the BaaS bank. The “employee experience” will be an area of focus. money) is.

Fintech 88
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Study: China To Generate More Data Than U.S. By 2025

PYMNTS

in data generation by 2025, according to a study reported by CNBC. The study, which was done by the International Data Corporation (IDC) and data storage firm Seagate, found that as China continues to venture into new technologies, like the Internet of Things (IoT), it will outpace average global data generation by 3 percent a year.

Study 134
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Reaching Millennial Travelers With Payments Technology

PYMNTS

The travel and hospitality industries , however, are changing to accommodate more complex payment technologies. 50%: Projected share of millennial spend in the personal luxury market by 2025. All this, Today in Data. Data: $762B: Amount that domestic and international leisure travelers spent in 2018. 59%: Share of U.S.

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Toyota’s Going Electric By 2025

PYMNTS

Tokyo-based car manufacturer Toyota led the clean cars movement with its release of the hybrid Prius a little more than a decade ago, but it has since fallen behind as the market has moved toward full electrification and eco-friendly automobile options.

Industry 118
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Best Buy Aims For $50B Revenue By Fiscal 2025

PYMNTS

Ahead of its investors meeting, Best Buy said it is looking for revenue of $50 billion by fiscal 2025. It also comes as Best Buy is making a push into the healthcare market, particularly with health-monitoring services and digital health technology. billion to $43.6 billion for fiscal 2020, Chain Store Age reported. “In

Meeting 101