This whitepaper looks at the economic impact of the novel Coronavirus and attempts to gage possible global consequences, especially in the automotive and tourism sector. Compared to previous estimates, combined sales of passenger cars and motorcycles in China are estimated to decline by 69%. We estimate that revenues of the Travel & Tourism market will decrease by 17% worldwide as an impact of the novel coronavirus, resulting in a reduction of worldwide revenue in Travel and Tourism from US$685.1 billion in 2019 to US$568.6 billion in 2020.
The report is about the positive economic effects of the Pokémon Go festivals on the host cities. The first study was conducted for the Dortmund city festival in 2019, and Statista aims to undertake more studies on the upcoming Niantic Festivals to be hosted globally in 2020. This report reveals that there had been a 49-million-euro economic benefit to the Dortmund and Rhein-Ruhr Metropolitan region, as well as other positive commercial and social effects.
This study by Statista analyses direct corporate financial endorsement and sponsoring income received by athletes, leagues & teams, federations, governing bodies, and sporting events. The study quantifies the global sports sponsoring market, as well as, the shares received by men and women sports. In addition, the report highlights which sports, leagues & teams, and athletes receive the highest amount of funding though direct corporate financial sponsoring. Moreover, the study provides an in-depth analysis on the effect of sponsoring on women sports.
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
As the coronavirus spreads rapidly around the world, several countries seem to be moving along the same trajectory. According to numbers by Johns Hopkins collected by the website Worldometers, case counts in the U.S., Germany and France have been growing at almost the same rate since hitting 100+ cases, which happened on February 29 in France, March 1 in Germany and March 2 in the U.S. In the case of Italy, where there are currently more than 12,000 cases and public life has pretty much shut down, the growth curve looks a little – but not a lot – steeper than for the countries mentioned earlier. Italy hit 100 cases on February 23, about a week earlier than Germany, France and the U.S.
The Centers For Disease Control and Prevention has stated that another case of the coronavirus has been detected in the United States, bringing the total number of confirmed cases to five. The latest one was confirmed in Arizona and all five cases involve people who recently travelled to Wuhan, the epicenter of the outbreak. According to tracking by Johns Hopkins University, nearly 3,000 people have been infected, the vast majority of them in China. The coronavirus has also slowly spread to some neigboring countries with cases reported in Thailand, Japan, Malaysia, South Korea, Vietnam and Singapore.
As the coronavirus continues to spread, global media coverage has been predominantly focused on the number of new cases of the virus recorded around the world as well as the number of deaths it has inflicted. Statistics regarding the number of people recovering from the coronavirus have not attracted as much attention but they do exist. According to tracking from the Johns Hopkins University, the number of people recovering from the virus is increasing, though a huge gap does exist compared with new infections.
The top five companies in the powerful S&P 500 index are all tech companies – by a wide margin. Apple, Amazon, Alphabet, Microsoft and Facebook all account for just under 20 percent of the market value for the entire S&P 500. With a collective value of nearly $5 trillion, these top tech companies easily dwarf other entire industries in the index, with companies like Berkshire Hathaway and JPMorgan Chase falling well short. Currently, the total valuation of the S&P 500 is almost $27 trillion.
The devastating California wildfires of 2018 and last year’s fires in Siberia made international headlines and shocked the world, but in terms of size they are far smaller than the current catastrophic bushfire crisis in Australia, where approximately 12.4 million acres have been burned to date.
For 2020, Americans are making the resolution to adopt healthy habits – concerning their finances as well as their bodies. A survey by Ipsos for Urban Plates has found that out of all participants who said they were making one or several new year’s resolutions, 51 percent wanted to manage their finances better and an equal amount wanted to adopt healthier eating habits. More popular resolutions for the upcoming year also circled around improving one’s health, with a more active lifestyle and weight loss being favorite answers.
According to the latest report by the Stockholm International Peace Research Institute (SIPRI), global defense spending has grown to $1.8 trillion in 2018. The combined budget was the highest since 1988, according to the findings. The U.S. spent almost $650 billion, 36 percent of the global total and 2.5 times as much as second-placed China, which increased spending by 5 percent.
Analysis of net sales by ecommerceDB has revealed the fastest growing online stores in the United States. Prettylittlething.us – a women’s fashion store – is number 1 after an increase of 218 percent. At segment level, there is a colourful mix of different categories including furniture, groceries and animal foods. According to the Statista Digital Market Outlook, the winners branch is also the largest eCommerce segment in the U.S. overall, with a market volume of $103b in 2019. The country’s ecommerce market is expected to continue growing ove the coming years, too, with forecast CAGR from 2019 to 2023 of 12.8 percent.
Netflix’s subscriber growth in the second quarter of 2019 fell way short of expectations as the streaming service’s domestic subscriber base shrank for the first time since 2011. The company’s latest earnings report shows that things improved in the third quarter due to growth in international paid memberships. Netflix pointed to retro sci-fi horror hit Stranger Things as one of the reasons for the return to growth with 64 million member households watching the third season in its first four weeks on the platform.That helped boost its subscriber growth with 520,000 new paid subscribers added in the U.S. in Q3 while paid memberships increased by 6.26 million.
A hype around Korean pop music and pop culture has led to more students in the U.S. taking up Korean language classes, according to numbers released by the U.S. Modern Language Association. In between 2006 and 2016, the number of university students enrolled in Korean almost doubled – the biggest increase for any language of 1,000 students or more. The Korean language hype is not only confined to the U.S. though. The Korean government in 2019 operates 172 language institutes around the world, teaching Korean to 57,000 students in 56 countries, up from just 13 branches in 2007.