Type of Article: MacTech Blog

Back-to-school shopping is in full swing, and both parents and teens are busy tackling long shopping lists. According to a new survey conducted on behalf of Ebates (www.ebates.com) many parents (42%) plan to spend between $100-$300—significantly less than the $250-$500 they planned to spend last year.

The survey also discovered that a majority of American parents are likely to take advantage of back-to-school promotions (80%). Social media is everywhere—and this year it’s even going to help teens with their back to school shopping decisions.

A new study from Juniper Research (www.juniperresearch.com) finds that spending on online FDP (fraud detection and prevention) solutions is set to rise to $9.3 billion by 2022, an increase of 22% over this year’s anticipated spend.

The research group finds that perceptions of high software costs alongside relatively low awareness of effective solutions in the eCommerce space were slowing service uptake. Nevertheless, Juniper predicts that several factors would prove instrumental in driving the market forward.

A new study from Juniper Research (www.juniperresearch.com) finds that the sharing economy is set to see substantial growth, as players in more established sectors, such as transport and space, press their first mover advantage.

The global refurbished and used mobile phone market will see an expansion of 8.9% CAGR [compound annual growth rate] during the forecast period 2017 to 2025, according to Persistence Market Research (www.persistencemarketresearch.com). Global sales of refurbished and used mobile phones are estimated to account for revenues worth almost $20 million this year, notes the research group.

Market hype and growing interest in artificial intelligence (AI) are pushing established software vendors to introduce AI into their product strategy, creating considerable confusion in the process, according to Gartner, Inc. (www.garnter.com). The research group’s analysts predict that by 2020, AI technologies will be virtually pervasive in almost every new software product and service.