Top Trends in Business Model Innovation You Need to Know

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Trend	Statistics
1. Digital Transformation	80% of companies have already undergone digital transformation or are in the process of doing so.
2. Subscription-Based Models	By 2023, 75% of organizations selling direct to consumers will offer subscription services.
3. Personalization	91% of consumers are more likely to shop with brands who provide relevant offers and recommendations.
4. Sustainability	64% of consumers say they are more likely to buy from a company that demonstrates a strong stance on sustainability.
5. Platform-Based Models	By 2025, 50% of the global economy will be digitized, driven by platform-based business models.

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Source: Data compiled from various industry reports and studies.