The Knowledge to Decide

Asia’s burgeoning pet care industry is making its mark, with pet expenditure set to reach USD21 billion by 2022. Spire’s viewpoint on industry growth was cited in the South China Morning Post’s news portal. Pet owners increasingly treat their pets like family members. This has led to burgeoning spending on pet care. Companies are commercializing a variety of services and products to cater to the growing Asian fascination with pets. Rising disposable incomes in Asia have also affected the pet industry, with the emergence of luxurious spa, gourmet food and designer clothes options for Asian pets. Read here more: https://www.spireresearch.com/newsroom/media/pets-emerging-as-a-growth-industry-in-asia/

Wearable technology may be quietly engineering a revolution in our lives. The full commercialization of wearable technology may liberate people from being tied to the home or office, increasing the importance of public spaces. And the merging of electronics with apparel promises to revolutionize the apparel industry in the same way that electronics revolutionized the automotive industry – up to one third of the value of a car now resides in the electronics. From Google Glasses and Apple’s iWatch to medical tracking devices, wearable technology is now within reach. How will it transform our lives? Market watchers have projected wearable technology to generate USD4.6 billion in revenue by the end of 2013. Approximately 10 million smart glasses are predicted to be available in the market by 2016, growing by 250 percent on average each year. Smart watches would also come into their own as a significant, high-growth market. Without a doubt, wearable tech will see massive, early-sta