Leisure

WHAT'S NEXT?: Online retailing will be one of the fastest growing channels between 2015 and 2019 as individuals do not have much time for leisure and seek convenience. Entertainment will continue to shift away from traditional broadcast media and print to reality augmented and deeply personalised content. The occupations with the largest new employment growth will be managers, professional and technical jobs, and caring and leisure occupations. Many middle-class professionals will be outsourced to machines within the next few decades leaving workers with more leisure time than they have ever experienced.

American workers take fewer vacation days: They get 14, but typically take only 10: The highest number of workers in five years report they do not expect to take a vacation at all this year.
TV sports watching by 18-34-year - old US men will decline in 2019 compared to 2018 - but only by about 5-7.5 percent.
The legacy of the EXPO, new large-scale developments, an expanding economy, international events, and increasing leisure demand are all expected to contribute to the continued growth of the Milan market, with RevPAR forecasted to increase at 3.9% and 2.6% in 2018 and 2019, respectively.
Growth from the U.S. and overseas markets is expected to strengthen in 2019, as travel price inflation eases and a favourable exchange rate for many international markets remains.
A recent AARP report estimates that seniors are expected to take 4-5 leisure trips this year, spending over $6,600.
China just posted the first drop in industrial profits in over 3 years, and a big wild card is how the trade war between the U.S. and China will play out in 2019.
While 48 million U.S. households are expected to use VADs as the central interface for smart home functions in the years to come, most people rank energy management and insight as a low priority behind uses like home automation and security, entertainment and shopping.
The adoption of micro-location solutions for asset management in sectors such as industrial, sports and entertainment, and retail and logistics is expected to increase in APAC in the coming years.
A S$9 billion expansion by Singapore's two integrated resorts will see Marina Bay Sands add a new entertainment arena and hotel tower, while Resorts World Sentosa will extend Universal Studios Singapore to include two new attractions - Minion Park and Super Nintendo World.
Growing a business of scale in the US Market estimates suggest that the US could generate between $5bn and $19bn of sports betting revenues by 2023, depending on the speed and nature of state-by-state regulation.
The UAS market is expected to grow US$51.85 billion by 2025 from US$11.45 billion in 2016.
Milan's hotel market should continue to grow, driven by the EXPO legacy, international events and increasing leisure demand, with RevPAR forecasted to increase by 2.6% in 2019.
Overall e-commerce sales will grow by 17 to 22 percent from last year's shopping season, with online sales accounting for 57 percent of all purchases.
The Indian sports equipment market is expected to reach US$4.7 billion by the end of 2022, growing at a CAGR of 12.3% between 2017-2022.
There has been considerable increase in the Indian betting market which can be evidenced from the report issued by International Centre for Sports Security, where ICSS claims that the betting market in India could be worth over US$130 billion.
The Global Sports Medicine Market is expected to exceed more than US$12.5 Billion by 2025 at a CAGR of 7.5% in the given forecast period.
IDC predicts Entertainment data - including data from digital TV, online videos, music, and games - to grow by a factor of 7.8 from 2015 to 2025.
While entertainment data will grow by a factor of 7.1 from 2015 to 2025, it will be outpaced by growth in productivity and IoT such that its total share in the EMEA Datasphere will shrink from 54% in 2015 to 36% in 2025.
The overall size of China's online music pan-entertainment market will grow from Rmb33bn ($4.7bn) last year to Rmb 215.2bn in 2023 - a compound annual growth rate of 36.7 per cent.
Robotic-assisted picking represents a viable solution for the near term and real opportunity to improve productivity during the 2019 holiday season.
By the end of this year, more than half of all U.S. states and the District of Columbia are expected either to have legal sports betting or to have considered it.

Last updated: 15 May 2019