Statista Research & Analysis has developed a white paper on the global smart TV industry in collaboration with Chinese smart TV maker TCL and its subsidiary FFalcon Technology. The whitepaper explores consumer trends and manufacturers’ strategies in the industry, finding that manufacturers of smart TVs are threatened by high-demand digital streaming devices.
In retail, various offline and online channels are used to promote products and services and to retain customers. The omnichannel readiness study by Statista Research & Analysis and WISAG, one of Germany’s leading facility management companies, is the first to investigate which “omnichannel” measures appeal to customers and how consumers assess these measures based on usefulness and awareness. The results are impressively illustrated by a specially developed index (ORIX).
Statista has compiled the most relevant and recent data on the entire digital economy – a comprehensive overview of one of the pivotal topics of our time. Since accurate data is a critical factor for corporate decision-makers, we have gathered a set of remarkable facts, which are meant to inform and to intrigue.
When Spotify launched its music streaming service in several European countries on October 7, 2008, few people would have thought that this obscure Stockholm-based startup would eventually grow into the world’s most popular music platform. Back then, music streaming was still in its infancy, accounting for a small fraction of global music revenues, but eventually, Spotify’s early bet on streaming would pay off. As the following chart illustrates, it took a while for Spotify to really take off. By the time of its fifth birthday in 2013, the streaming pioneer had roughly 30 million active users and 8 million premium subscribers.
Coming on the heels of the first contraction after 23 consecutive quarters of growth, the U.S. economy suffered its steepest decline on record in the second quarter of 2020. According to preliminary estimates published by the Bureau of Economic Analysis today, real GDP declined by a historic 32.9 percent at an annualized rate in the three months ended June 30, making the previous negative record set in Q1 1958 look like a small dip in comparison.
A familiar pastime appears to be returning in the U.S., proliferated by the COVID-19 pandemic. A new survey from a financial data company shows how investing in the stock market is America’s favorite way to participate in long-term investments. In a new survey from Bankrate, 28 percent of U.S. adults say they prefer to invest in the stock market for money they don’t plan on using for the next 10 years. Following closely behind at 26 percent is real estate investments.
Italy and Spain have been among the countries hit earliest and hardest by the coronavirus pandemic. With more than 34,000 and 28,000 confirmed deaths at the time of this writing, both Italy and Spain have experienced the deadly force of the novel coronavirus, which killed more than 600,000 people globally and brought public life to a standstill across the globe. As if the deadly impact of COVID-19 weren’t enough, Italy and Spain are also among the countries most vulnerable to the economic fallout of the pandemic
As many states in the U.S. eased COVID-19 restrictions in May, consumer confidence and relative sales have sprung back to life over the past two months. New data on retail sales shows that the rebound is still going into the month of June, although at a slower pace than in May. Retail sales bounced back another 7.5 percent for the month of June, according to the U.S. Commerce Department. While that’s good news for many businesses around the country, it’s much smaller than the pace set in May at 18.2 percent.
According to data from the World Bank and IMF, Asian countries are expected to make up most of the top 5 countries in the world by size of GDP in 2024, relegating European economic powerhouses to lower ranks. China’s economic growth has been steep since the 1990s, while India and Indonesia have even more recently entered the top 10 of the biggest economies in the world and are expected to reach ranks 3 and 5 by 2024. Japan, an established economy, is expected to cling on to rank 4 in 2024, while Russia will rise to rank 6.
According to the Statista Technology Market Outlook 2020, U.S. revenues earned with public cloud computing services are expected to surpass $45 billion this year. That’s roughly eight times the size of the next smaller market in China. By 2025, revenues are projected to rise to $93 billion in the U.S. and $28 billion in China. Infrastructure-as-a-service accounts for more than half of sales. The segment consists of cloud-based IT services for storage and computing (e.g. large data). The largest providers here are Amazon Web Services, Microsoft Azure and Google.
In the tech world especially, investors are always on the search for the next unicorn – a private company valued at one billion dollars or more – to sink their money into for a big payoff further down the line. High-profile examples of such companies are SpaceX ($36 billion) and Airbnb ($18 billion). As CB Insights data shows, the country where investors are most likely to find a company with such potential is currently the United States. With 228 unicorns based there as of June 2020, second-placed China comes a distant yet still impressive second with 122 . In Europe, The UK leads Germany with 25 unicorns to 13.
AudienceProject data shows that the share of people saying they listen to podcasts on a weekly basis rose across all seven of the markets in which it conducted its 2020 survey. The largest share of listeners was recorded in the United States. The 34 percent in 2020 represents a 17 percent (5 percentage points) increase on 2019’s 29 percent. The largest increase was found in Finland where the jump from 16 to 21 percent makes for a 31 percent increase. Sweden, the home of Spotify, saw a rise of 15 percent.
Emerging and advanced economies alike are experiencing a decline of their manufacturing sectors, which are becoming less and less important for national incomes. In the 1980s, industrial production made up a quarter or more of national GDPs around the world, but that share has been in ongoing decline. This is according to data from the World Bank and the United Nations. As the IMF notes, the loss of manufacturing jobs has been a source of anxiety across developed countries, as many fear the disappearance of well-paying jobs for low and middle-skilled workers and ultimately worsening inequality.