In the one-year period since the last release of official data in 2018, the global economy grew approximately $2 trillion in size—or about 2.3%. Because of COVID-19, according to the World Bank, the global economy could ultimately shrink 5.2% in 2020—the deepest cut since WWII. -from VisualCapitalist
The vast social media universe collectively now holds 3.8 billion users, representing roughly 50% of the global population. Only time will tell just how high user counts will reach. The long-term trajectory suggests there’s more room left in the engine. -from VisualCapitalist
What happens on the Internet every 60 seconds? 208,333 participants in Zoom Meetings. Facebook sees 147,000 photo uploads every minute. Twitter gains 319 users per minute. Instagram users post more than 347,000 Stories. Approximately 1,388,889 voice and video calls are made every 60 seconds. 2.7K Tik Tok Installs. -from domo.com
By 2025, there’s projected to be 42 billion IoT-connected devices globally. From real-time data analytics to supply-chain sensors, smart devices help prevent costly errors in industry. In fact, Gartner also estimates that over 80% of enterprise IoT projects will incorporate AI by 2022. -from VisualCapitalist
With a lifetime online shopping value of 10 trillion USA Dollars, Millennials are in the focus of the eCommerce business. 48% of this group are constantly available online. They’re tech-savvy, and they know how to use the internet to meet their needs and lifestyle. -from infographicjournal
88% of organizations have encouraged or required employees to work from home. 82% reported lower stress levels when working remotely. 1 billion active users on Google Drive. 20% of remote workers struggle with loneliness. -from infographicjournal
How many hours do you work per week? Although you may think you work a lot, or know someone who does, in some countries around the world people work a lot more than you might be used to. -from Infographic Journal
In the 1960s, a typical S&P 500 company was estimated to last more than 60 years—these days, the average lifespan is just 18 years. Walmart has moved up to the 13th spot on the list, an increase of 29 places since 2019. Five Chinese companies make the list. -from VisualCapitalist
Surprised by USA vs Italy. There are more mobile phone subscriptions in the world right now than there are human beings. With 5G networks on the rise, just seven countries are expected to make up the majority of the 5G related investments. -from VisualCapitalist
The first password was invented in 1960, and just two years later the first password attack was recorded. Beyond Identity explains the future of passwords and how to stay protected. How safe are your passwords?
The global 5G market is projected to reach $668 billion at a 122% compound annual growth rate (2020-2026), with nearly half this growth coming from Asia-Pacific. We've powered thru 5 wireless gens in just 40 years. -from VisualCapitalist
Playing a central role in making this possible is the convergence of artificial intelligence, edge computing (which enables processing closer to the source), and Internet of Things solutions, among others. Consumers today: 81% research purchases online; 64% happy for retailers to use data to enhance experience (so long as you look after it); 51% would abandon retailer after 1-2 bad experiences. -from RTInsights
As fears over the coronavirus pandemic continue to permeate day to day life in the U.S., one concern is how comfortable people are using paper money. Given the new normal our world is adjusting to, we checked in on how U.S. adults feel about a cashless society. -from CivicScience
COVID-19 has brought the world to a halt—but after months of uncertainty, it seems that the situation is slowly taking a turn for the better. In general, the higher the mobility rate, the more economic activity this signifies. In most cases, mobility rate also correlates with a higher rate of recovered people in the population. -from visualcapitalist.com
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