Today In Data: New Solutions For Old Problems

Some problems are as old as time itself: managing cash flow as an SMB or consumer, or finding better ways to fight off fraudsters. Some problems, on the other hand, are newer: wanting a wearable, but not on your wrist, or buying something online when it is mostly an in-store only type of good. But old or new, the solution builders are out there – bringing biometrics, better imaging and the wonders of the connected commerce ecosystem to bear on the problem.

Data:

260 billion: The approximate value of the home furnishings marketplace annually.

125.3 million: The number of global shipments of wearable devices in 2018.

40 percent: Share of consumers who have difficulty managing short-term cash flow.

8.1 percent: Estimated CAGR of the global medical image software market by 2024.

15 percent: Estimated CAGR of the global biometrics market between 2019 and 2023.