For the third time, Statista has published the Digital Economy Compass 2019, a standard work on digital economy. The Digital Economy Compass provides a comprehensive look at the development and trends of the digital world. In three chapters we cover the following exciting topics:
Data explosion: How is the exponential growth, where is the data stored and what is the benefit?
Artificial intelligence: potential, use cases and investments
Investment & Funding: From the biggest funds to mega-rounds to the latest market valuations
After the huge success of the HABONA REPORT 2018, which is the first sector report for retail real estate, Statista, Habona Invest GmbH and the renowned real estate consultant Savills have published the HABONA REPORT 2019. The focal topic of the current issue is demographic change and its impact on consumer behavior and the local amenities market. Well-known companies from the food trade, project development and investment provide exclusive insights from their respective perspectives.
Mercedes-Benz is the leader in which car segment? In which country does Toyota sell most of its cars? The new and exclusive Statista brand reports from the automotive industry have the answers. Based on the Statista Mobility Market Outlook, our analysts have produced 44 reports on various car brands. The reports contain information on global and regional sales figures, revenues and market shares as well as forecasts up to the year 2022.
In cooperation with Accenture and XING, Statista recently published the study “Digital Trends & the New World of Work”. The study reveals that many employees in Germany only have a partial-knowledge on topics such as design thinking, artificial intelligence and blockchain. The highly anticipated launch took place as part of an exclusive after-work event on the 14th floor of the Accenture Office. 50 selected guests were invited, including the CIO of Otto as well as representatives of Körber, Olympus, Barclaycard, Tesa, HASPA, Daimler and Generali.
Instagram is having its moment in the marketing limelight. A new study from Social Media Examiner found that nearly three-quarters of marketers they surveyed are working with Instagram, a 7-point increase from last year’s report. The ‘gram was the only platform to see a significant jump in usage, with YouTube registering a modest 4-point increase in reported use. Marketers interest with Instagram may be somewhat motivated by the significant jump in the referral traffic coming from the image oriented social network. According to Merkle, Instagram experienced a 114 percent increase year-on-year in its referral traffic. Instagram is also one of the few social networks whose reported user base is growing, an appealing fact for marketers.
Today China announced 25 percent tariffs on U.S. goods worth $60 billion, effective June 1st. The move comes after President Trump placed 25 percent levies on $200 billion of Chinese goods late last week. Trade relations between the world’s two biggest economies appeared to deteriorate last week after four months of talks, which began after the G20 Summit in Buenos Aires. The back-and-forth started in January of last year when the U.S. rolled out safeguard tariffs on washing machines and solar cell imports, signaling China out in the official statement the U.S. released. Less than a month later, President Trump signed tariffs on imported steel and aluminum from all nations. While that was a move directed at all nations, China is the world’s largest steel exporter.
Machine learning projects took home the most funding in 2019, receiving more funding than all other artificial intelligence systems combined. Between both machine learning apps and platforms, over 42 billion dollars went to the development of those automating systems. While funders are getting behind more machine learning ideas, some of the biggest players in the space are putting resources behind not just advancing these systems technologically but also ethically. Google’s CEO Sundar Piachi released a transparency effort at Google’s I/O developer’s conference this week. Other industry behemoths, like IBM, have pushed for more transparency and software add-ons that could monitor algorithms to see how biases are built into them.
Europe’s populist wave has finally reached the shores of Spain with right-wing and eurosceptic parties now represented in 23 out of 28 EU member states. Vox won 10.3 percent of the vote in Spain’s general election last Sunday which gained the party 24 seats in the country’s national congress. The only countries left in the EU without such parties in government are Ireland, Malta, Portugal, Romania and Croatia. The following infographic provides an overview of the relentless rise of populism across Europe with a specific focus on the results of far-right parties in the most recent legislative elections. As mentioned above, Vox is present on the list after last weekend, even though the party fell short of the larger gains it had hoped for. The biggest right-wing gains were recorded in in 2015 when the Law and Justice Party (PiS) won a majority of power in Poland.
As covered in another infographic, if you were to burn all of the data created last year onto Blu-ray discs, you would need to invest in an astounding 660 billion – each with a standard capacity of 50 gigabytes. The worldwide total, 33 zettabytes, is peanuts though when compared to the forecasts for the next decade or so – as our infographic shows, data creation is about to explode. You can find this statistic and hundreds of others like it in the new Statista Digital Economy Compass 2019.
April 13 is Record Store Day. Conceived in 2007 to “to celebrate and spread the word about the unique culture surrounding nearly 1,400 independently owned record stores in the U.S. and thousands of similar stores internationally”, Record Store Day is met with special promotions in many locations, making it the perfect day to go digging in the crates for some rare LPs. Interestingly, the recent resurgence of vinyl in the United States has been largely led by artists from the LP era. As the following chart, based on Nielsen data, shows, all but one of the ten best vinyl-selling acts in the U.S. in 2018 were big before the guy who invented Spotify was even conceived. The Beatles sold 321,000 vinyl albums in the U.S. last year, with Abbey Road being their best-selling album with 76,000 units sold. Pink Floyd and David Bowie round off the top 3 vinyl-selling artists of last year ahead of Panic! At the Disco, the only contemporary band in the top 10.
Cybersecurity is increasingly becoming a headache for everyone from C-suite executives to regular consumers, who are both targeted by phishing scams and hackers attempting to access sensitive information. Organizations across the globe are implementing artificial intelligence applications to detect and deter security intrusions. Just under of half organizations surveyed by the Consumer Technology Association reported using this technology for that end. Unrelated research has come to similar conclusions, particularly from Technalysis Research and 451 Research. The Consumer Technology Association found that improving IT deliverables and security were not the only ways AI was being used in businesses. About a fifth of AI applications were being used to anticipate future customer purchases, while about 15 percent of use cases involved monitoring social media comments and improving media buys.
News publishers are starting to find their footing in the digital era by turning to the increasingly profitable subscription-based business model. As the chart illustrates, the top four publishers remain largely unchanged due to the healthy number of subscribers each has. The New York Times saw another all-star year by growing its news subscription by a half a million worldwide, securing its number one spot in the rankings yet again. The Wall Street Journal and Washington Post both maintained their position by expanding their subscription bases as well. The reporting periods are slightly different based on the organization, but the top 4 brands largely remain unchanged on the list even when taking this into account.
A lot can happen in a minute. Sixty seconds can pass in the blink of an eye for someone mindlessly scrolling through Facebook or checking their email. Combine all those actions together and we have an extraordinary view of the life of the internet in a minute. According to data compiled by Lori Lewis and Officially Chadd on Visual Capitalist, a single internet minute holds 1 million Facebook logins, 4.5 million videos watched on YouTube, 1.4 million swipes on Tinder (right or left, we can’t say for sure), and a total of 41.6 million messages sent on WhatsApp and Facebook Messenger. That same internet minute also contains 3.8 million Google queries, 357,222 scrolls on Instagram, and almost a million dollars spent online.
Google revealed the promise of a cloud gaming platform, Stadia last Tuesday. The service would make gaming possible through any device—anything from a PC to a TV or a phone—through streaming, making gaming consoles potentially obsolete. Pricing for this bombshell service wasn’t released at the Game Developers Conference last week. Unit sales for the gaming console has decreased over the past decade. Back in 2008, the Nintendo DS and Nintendo Wii came into vogue, and dominated the market. Since 2013, the Sony PSP has had a steady run over the past 5 years. Overall the number of video game consoles sold worldwide has shrunk by half, from around 90 million devices sold in 2008 to only about 45 million in 2018.