Pets Used to be for Kids. Now they are Kids.

Small Business Labs

  According to the article, the global pet care industry is expected to grow to $164 billion by 2023 – a 31% increase from 2018.  Petcare Everywhere , from J. Walter Thompson Intelligence, covers how brands are responding to millennials increasingly choosing pets over kids.

2019 141

Flying eVTOL Taxis Getting Closer

Small Business Labs

Most of these companies say public testing of their eVTOLs will happen in the 2019 to 2023 timeframe. The Barron's Penta article  The Next Wave in Flight: Flying Vehicles You Can Summon With Your Phone covers eVTOLs, which are electric vertical take-off and landing vehicles. 

2018 182

How Coworking is Changing Commercial Real Estate

Small Business Labs

  According to a recent study by JLL,  coworking spaces at retail properties are predicted to grow at an annual rate of 25% through 2023.  Coworking has reached the size and scale where it's starting to have second order impacts on the broader real estate industry. 

2018 176

GM's Restructuring Illustrates Multiple Trends

Small Business Labs

The company said last fall that it would launch 20 new electric cars by 2023 and is investing heavily to make this happen.  GM recently announced a restructuring plan that includes laying off about 14,000 employees and halting production at five of its North American auto plants.

2018 159