Consumer spending on traditional and emerging technologies is forecast to amount to *** billion U.S. dollars, marking a year-on-year growth of *** percent. Emerging consumer technologies include AR/VR headsets, drones, on-demand devices, robotic systems, and similar.
During a May 2023 survey among the general population of selected countries worldwide, ** percent of respondents said they were more price-conscious compared to the previous year. Additionally, ** percent stated that they were doing more research before each purchase and making fewer impulse purchases altogether.
Global consumer spending on media increased by 11 percent in 2021. According to the forecast scenarios, the expenditure would decline by eight or 19 percent in 2023.
Scenario A: According to this first scenario, the recession would only have a short-term impact on consumers' media spending. At the height of the recession in 2023, consumers are expected to spend less on entertainment to offset rising energy and consumer product prices. The economy should begin to recover from the recession by 2024 and should be fully mended by 2027, while spending on media will be back to pre-pandemic levels.
Scenario B: The second scenario predicts a long-term impact of the recession on media consumption behavior. Ad-supported options will replace subscription-based offers, whereas on-and-off subscribing will increase, driven by special offers and consumers unsubscribing after those offers expire. The inflation will hit harder in 2023 than according to the first scenario and behavior changes will stick even after 2027 when the economy has fully recovered.
As of December 2022, about ** percent of consumers across different markets worldwide reported a price-consciousness for groceries in the past six months. Utilities were the next highest category for price sensitivity during that time period.
In April 2020, the global consumer confidence index of ** countries worldwide dropped to **** following the outbreak of the COVID-19 pandemic. It then slowly increased until July 2021, when it reached an index score of ****. Global consumer confidence dropped in the latter half of 2022 following rising inflation rates, but has been increasing since November that year.
If they had a choice of companies to buy from, most consumers interviewed in a 2023 global survey said they would choose a company that offered good products or services. Among respondents, ** percent of those aged 18 to 34 years, ** percent of those aged 35 to 54 years, and ** percent of those aged 55 years or older said so.
Consumer spending on smart home products and services is forecast to grow to more than *** billion U.S. dollars by 2025. At that time the number of households with smart home systems is projected to exceed *** million globally. Smart Home Systems Smart home systems provide a variety of functions that can be managed remotely by a smartphone or computer. Many consumers are likely to purchase smart speakers and smart home entertainment systems. However, use of smart devices goes beyond simply entertainment, as smart home appliances such as security systems or automatic heating and lighting can help improve the safety and comfort of being at home. Smart speaker: a versatile favorite Smart speakers are an increasingly popular component of a smart home and will have shipped over ** million units by the end of 2019. These devices are more than simply music players, as many have smart assistant capabilities, and can respond to verbal prompts or command other smart home devices. Of these speakers, a majority are sold by Amazon, though in recent quarters, Google and Baidu have both grown to be close competitors in terms of unit shipments.
This statistic presents the results of a consumer survey conduced from August 10 to September 4, 2015. Consumers with internet access were asked if they prefer local over global brands. Some ** percent of respondents who have purchased vegetables said they prefer local brands compared to global ones.
According to a survey conducted in 2024, about 30 percent of Gen Z consumers around the world avoided buying fast fashion in order to pressure companies into taking action against climate change. About a third of Gen Z shoppers planned to start avoiding fast fashion for this reason.
In 2020, a total of over ** percent of consumers across the globe shopped online: reaching nearly ** percent each, the leading regions that year were South America and Asia. North America had the lowest share with just over ***** in **** consumers buying items on the internet. The online store that was used most frequently by shoppers worldwide was Amazon.com.
Favorite online stores in the U.S. As of November 2020, an estimated ** percent of U.S. consumers stated that their online shop of choice was Amazon, making it by far the favorite e-commerce shop among online shoppers. With less than ** percent, Walmart’s web shop ranked second. Both male and female consumers in the country had a clear preference for Amazon, however, certain online stores were more popular among specific genders. For instance, more men liked visiting eBay, while a higher percentage of women had a preference for Target.
Why do consumers like Amazon? There were various reasons why U.S. shoppers used Amazon to buy products in 2020, the leading reason being the fast and free shipping services provided. Other key factors consumers mentioned, included Amazon’s broad selection, the easy return process, and the platform having some of the lowest prices.
During a 2025 survey of consumers in selected countries worldwide, ** percent of respondents searched for alternative products or services due to brands' lack of real-time personalization. Another ** percent of respondents cited buying something from a different brand.
The statistic shows an index of global consumer confidence from the fourth quarter 2014 to the fourth quarter 2016. A value higher than 100 indicates that the consumers are optimistic about the economic situation; a value lower than 100 indicates pessimism. In the fourth quarter 2014, consumer confidence reached a value of 96 points worldwide.
According to a global survey of consumers conducted in September 2024, 57 percent of participants indicated an honest review of pros and cons was an aspect of influencer content which impacted their purchasing decisions. In comparison, 17 percent of participants pointed to entertainment as a value contributing to their purchasing decision.
During a 2024 global survey, approximately 45 percent of responding consumers reported telling their friends or family about a bad experience with a brand, while 32 percent sent feedback directly to the company. Three years earlier, those shares stood at about 50 and 40 percent, respectively. Meanwhile, the share of respondents who said they did not tell anyone about the bad experience rose from less than 18 percent in 2021 to 24 percent in 2024.
This statistic shows the results of a 2018 global survey of corporate experts on the issues of transparency that they believe consumers are most interested in. In 2018, 73 percent of respondents stated that they thought they consumers were most interested in the social, health, environmental and safety impact of the product they were buying.
In a 2021 consumer survey by Capgemini Research Institute, under one half of consumers worldwide were comfortable with the idea of using footwear, clothes, or baby and children's items which were secondhand, pre-used or shared.
The global market for technical consumer goods is forecast to grow by one percent in 2019. The market reached more than one trillion euros in 2018 – an increase of 3.3 percent on the previous year.
The technical consumer goods market is split into two categories: consumer electronics and home appliances. Consumer electronics include the sale of photo, telecom, and IT/Office equipment. The home appliance sector is divided into major domestic appliances and small domestic appliances.
Artificial intelligence (AI) mobile apps registered a global consumer spend of 1.42 billion U.S. dollars in 2024. This represented an increase of 274 percent year-over-year, as consumers worldwide spent around 380 million U.S. dollars on mobile AI apps in 2023.
As of 2020, around ** percent of global consumers surveyed responded that they looked for retailers with easy product return policies when deciding where to make purchases. In addition, ** percent said they would switch to a different retailer if they had a bad experience with returning goods.
During a survey of consumers in selected countries worldwide in 2024, ** percent of participants in the six studied countries preferred influencer content via reels, or short-form-video. In comparison, **** percent of participants preferred written content.
Consumer spending on traditional and emerging technologies is forecast to amount to *** billion U.S. dollars, marking a year-on-year growth of *** percent. Emerging consumer technologies include AR/VR headsets, drones, on-demand devices, robotic systems, and similar.