Material growth in the value of global goods traded over the last five years represents the evolution of globalization, increasing incomes in many locations, and the need to connect people and devices. Baseline forecasts for 2022 exceed anything seen in the prior six or more years. According to ABI Research, e-commerce revenue will grow from $560 billion in 2020 to $8 trillion in 2026.

The global market size for road freight services is currently growing at a CAGR of 4 - 5 percent yearly, according to Beroe Inc., a procurement intelligence firm. With the impact of Brexit, trade volume with emerging economies would expand in the next 4 - 5 years, which would result in improved road freight activity.

There is rising pressure on logistics leaders as they work to balance often competing missions as stakeholders seek to to optimize logistics costs while maintaining service and performance levels, Gartner, Inc. has identified five actions to achieve cost optimization from within the organization.

While E-commerce and digital marketing have proven to be effective platforms, Virtual Reality (VR) is the next innovative technology that will improve and impact the retail and marketing sectors.  ABI Research forecasts that VR in retail and marketing sectors is expected to generate $1.8 billion in 2022.