Recruiting Radar #10
In this issue:
2 Market Trends
8 Company Expansions
5 Investment Announcements
2 Mergers and Acquisitions
3 New Fundings
2 New Company Directions
MARKET TRENDS
Karaoke Market is Booming!
04.06.23 - The karaoke market size is forecasted to increase by USD 344.98 million from 2022 to 2027, at a CAGR of 3.65%, according to a recent market study by Technavio. The growth of the market will be driven by the growing popularity of music-related leisure activities, the advent of cloud-hosted music streaming services, and rising internet and smartphone penetration. | Source
Global Polyurethane Market Revenue Historic Growth and Forecast
06.23.23 - The Global Polyurethane Market is expected to record a positive CAGR of ~5% during the forecast period 2022-2028, and reach a revenue of US$ 100 Bn by 2028. Polyurethane demand is anticipated to increase throughout the forecast period due to rising building insulation demand brought on by environmental concerns. The chemistry of polyurethane enables for the creation of products in odd shapes without sacrificing quality, and it also improves industrial and consumer goods by incorporating comfort and convenience values. The construction, electronics, and automotive industries are seeing an increase in customer demand for sturdy, lightweight products. | Source
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Company Expansions
Spectrum announces new call center, hundreds more jobs in WNY
06.28.23 - Spectrum, a telecommunications company, has announced the opening of a new call center in Western New York (WNY), leading to the creation of hundreds of additional jobs in the region. The call center aims to provide enhanced customer support and service to Spectrum customers. The decision to establish the call center in WNY is part of Spectrum's commitment to expanding its operations and investing in the local community. The new facility will contribute to job growth and economic development in the area, offering employment opportunities to residents. Spectrum's investment in the call center reflects its dedication to improving customer satisfaction and strengthening its presence in the WNY region. | Source