Marketplace trends 2019: 8 predictions by industry experts

We’ve been asked by the top tier industry technology provider Besedo to share our thoughts about the industry trends in 2019. This is how we see it

Styria.ai has been present as a technology provider in the classifieds and marketplaces industry since 2016, at the very beginning of the AI-driven trend that ever since accelerates and re-shapes the whole industry.

We've been asked by the top tier industry technology provider Besedo to share our thoughts about the industry trends in 2019. This is how we see it:

“The year 2019 will be a turning point for the whole marketplaces industry. A perfect storm of AI-driven technology shift combined with mobile first trends and generation shift with millennials taking over shall force all industry players to adapt quickly or vanish.

Already, several newcomers on the market are disrupting the legacy system, and there is no comfort zone for legacy monopolistic brands anymore. Competition is global and local at the same time, so there is no place to hide.

The only way forward for traditional marketplaces is rapid adoption of AI in the core of their businesses. Potential of this technology is just too huge to neglect. AI is transforming today's marketplaces in very a profound way by revolutionizing UX for both sellers and buyers, so perfect matchmaking becomes a reality, and overall economy of platforms increases significantly."

If you want to see what other industry players think and how they look at re-shaping of the industry read great Besedo blog that brings many relevant insights:

https://besedo.com/resources/blog/marketplace-trends-2019/

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