article thumbnail

AI software spend will double from 2021 to 2025, to reach $64 billion, and grow 50% faster than the overall software market

Forrester eCommerce

in 2021 to 6% in 2025. Across eight forecasted countries — US, China, Japan, and Europe-5 (France, Germany, Italy, Spain, the UK) — AI’s share of software spend will increase from 4.3%

Marketing 370
article thumbnail

Sizing The AI Software Market: Not As Big As Investors Expect But Still $37 Billion By 2025

Forrester eCommerce

Forrester forecasts the AI software market will grow to $37 billion by 2025. Find out what's driving the growth and where the limitations are in this blog post.

Marketing 518
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reuters: IKEA’s Home Deliveries Will be Made by EVs by 2025

Retail TouchPoints

IKEA is reportedly aiming to make home deliveries by electric vehicles by 2025, Jesper Brodin, CEO of the furniture retailer’s parent company Ingka Group , said in an Oct. 3 interview at the Reuters IMPACT conference.

Retail 106
article thumbnail

Five Below Plans 1,000 New Store Openings by 2025

Retail TouchPoints

The retailer plans to open approximately 1,000 stores in total by its fiscal year 2025: 375 to 400 new stores over the next two fiscal years and 550 to 600 new stores during fiscal years 2024 and 2025. Five Below revealed ambitious plans to grow its brick-and-mortar footprint over the next three years.

Retail 108
article thumbnail

Macy’s Announces $5 Billion Investment to Reach Equity, Sustainability Goals by 2025

Retail TouchPoints

Through three pillars — people, communities and planet — the retailer will utilize its people’s talents and its heritage to create positive environmental and social impacts by 2025. To diversify its company leadership, Macy’s goal is to achieve a 30% ethnically diverse representation at the director level and above by 2025.

Fashion 97
article thumbnail

Victoria’s Secret Aims for $7.3B in Sales by 2025 as Brand Continues Image Overhaul

Retail TouchPoints

billion in sales by 2025. Victoria’s Secret revealed during its Oct. 13 Investors’ Day presentation that it will attempt to reach $7.3 billion in 2019 to $6.6 billion in Q2 2022 trailing 12-month sales results for the period ending July 30, 2022.

Apparel 110
article thumbnail

Greencore commits to making all packaging recyclable by 2025

TalkingRetail

The pledges include commitments that all of the group’s packaging will be recyclable or reusable by 2025, that food waste will be reduced by 50%.

86