Small Business Labs

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Reuters Top 10 Innovations for 2025

Small Business Labs

Reuters Science Watch has released a set of predictions on the the landscape of science and technology in 2025 by examing global patent data and scientific literature.   While there is no question the solar energy production is rapidly expanding, 2025 is only a bit over 10 years away. Given

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Accenture on Social Commerce

Small Business Labs

trillion in global revenue by 2025. Accenture, a global consulting and services firm, predicts that social commerce will grow to $1.2 Accenture defines social commerce as: "The integration of social experiences and ecommerce transactions in a single path to purchase, enabled by platforms."

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Social Commerce Forecast to Boom

Small Business Labs

As their article chart below shows (click to enlarge), they're forecasting social commerce globally to grow from about $390 billion in2020 to nearly $3 trillion by year-end 2025.    Statistically speaking, that's roughly a 50% compounded annual growth rate over the next 5-6 years. 

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Mastercard on the Sharing Economy

Small Business Labs

This would mean it would be  16 times as large in 2025 as it is today.   China’s state information sector recently announced  that by 2020, it could account for over 10% of domestic GDP, and that the ratio will continue to grow to roughly 20% by 2025. That's a lot of projected growth. industry is healthcare.

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What the Paperless Office Has to do With Self-Driving Cars

Small Business Labs

By 2025, private car ownership will all-but end in major U.S. We believe self-driving cars will be common by 2025 - especially cars that self-drive part of the time and cars and trucks in closed environments.  This means most of the cars sold today and over the next few years will still be around in 2025.

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Futurist Faith Popcorn on the Future of Work

Small Business Labs

And her vision of the future of work out to 2025, which is broadly described in her presentation summary slide shown below, definitely gets you thinking. It suggests by 2025 sentient robots may be forming unions and acting as human overlords. Having said that, entertainment futurists can get a bit sensationalist.

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Airbnb's Economic Empowerment Initiative

Small Business Labs

The report includes a forecast saying this will grow to 770,000 in 2025. Using a standard economic impact model based on Implan multipliers , NERA found Airbnb host activity created about 130,000 U.S. jobs in 2016.

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