Overview
- Add a brief description of the purpose of analyzing market trends.
Current Trends
- Describe the most significant trends currently shaping your industry. For example, "Increased use of AI in customer service.”
Emerging trends
- Identify trends that are expected to become important in the near future. For example, "Growing interest in sustainable products.”
Declining Trends
- List trends that are becoming less relevant. For example, "Decreasing reliance on traditional print advertising.”
Market size and growth
- Provide data on the overall size of your market and its expected growth. For example, "The global market for smart home devices is projected to grow by 20% annually.”
Technological advancements
- Detail new technologies affecting your industry. For example, "Advances in 5G technology enabling faster and more reliable internet connectivity.”
Regulatory and economic factors
- Discuss how changes in regulations and the economic environment are impacting your market. For example, "New data privacy laws affecting how companies handle customer information.”