E-commerce merchants and financial institutions will be investing heavily in online fraud detection solutions over the next five years, with annual spending reaching $9.2bn by 2020, up by 30 percent on current levels.

The automated material handling equipment market is expected to reach $44.68bn by 2022, at a CAGR of 7.9 percent between 2016 and 2022, according to analysis firm Research and Markets. Market growth is propelled by increasing demand for automated solutions, advancements in technology; the need to ensure a safe working environment; and reduction in labor cost through advanced robotics.

Avid online shoppers, who make two or more purchases online in a typical three-month period, are leading a retail revolution. These consumers are shopping more with their smartphones and demanding a more seamless experience between virtual and physical stores, according to the Fifth Annual UPS Pulse of the Online Shopper study.

GS1 US has developed a new guideline focused on e-commerce and omnichannel fulfillment processes.