The startup failure rate remains a significant concern for entrepreneurs and investors alike. Studies indicate that about 90% of startups fail, with varying rates depending on their stage and industry.  Early-stage ventures are especially fragile, often struggling with a lack of product-market fit, insufficient funding, and ineffective marketing strategies. Alarmingly, 70% of startups close their

Smartphones have become an essential part of everyday life, and the global number of smartphone usersis estimated to have reached around 4.3 billion.  On average, people spend about 3 hours and 15 minutes daily on their smartphones, though usage times vary widely across different regions. This report provided details on the number of smartphone users

The rapid growth of internet users has fueled a remarkable surge in IoT devices. The number of IoT devices is expected to reach 18.8 billion, with forecasts projecting a rise to 40 billion by 2030. In this post, we’ll explore the global IoT landscape, take a closer look at the demographics behind these devices, and

YouTube has become a global platform for content creation, hosting a diverse community of creators from every corner of the world. There are 65.3 million creators on the platform, up from 61.8 million at the start of the year. This growth reflects YouTube’s expanding role as a global hub for creativity, offering a platform for

A company’s retention efforts can significantly impact its profitability. A 5% increase in retention rates could potentially boost profits by 25% to 95%. On average, businesses across all industries see a customer retention rate of about 75.5%. Retaining existing customers is also five times more cost-effective than acquiring new ones. Companies typically generate 65% of

Over 98% of people read online reviews, which play a crucial role in shaping how your business or product is perceived. Whether you are running an online store or a local shop, reviews are key to building and maintaining your brand image. Since more than 49% of consumers trust online reviews when making a purchase,

The Metaverse has seen impressive growth, surpassing 600 million active users worldwide. This innovative virtual space attracts a diverse audience, with many users engaging for entertainment, gaming, and socializing, especially on platforms like Roblox and Fortnite, which are favored by younger generations.  As the Metaverse continues to evolve, it is projected to be valued at