“If white-collar workers are told the downtown office is forever optional, some will take their superstar-city jobs out of superstar cities. That much is obvious. But these shifts, even if they are initially moderate, could lead to more surprising and significant changes to America’s cultural, economic, and political future.”
via The Atlantic
There are 273.6 million vehicles registered in the U.S. — that’s an average of 1.97 cars per household, which could drop to 1.87 post-pandemic. The cumulative effect of people driving less is that the equivalent of 14 million fewer cars will be needed.
Now supply chain disruptions are regular occurrences across the globe. Averaging across industries, companies can expect supply chain disruptions lasting a month or longer to occur every 3.7 years, and the most severe events take a major financial toll.
Analysis suggests that roughly 40% of U.S. workers will continue working from home in the near term — up from 7% pre-COVID — and this percentage could settle at different levels, depending on the timing of a vaccine alongside business risk aversion.
via Morgan Stanley
The COVID-19 pandemic has disrupted business operations across a broad swath of the economy and left both buyers and sellers reeling. IDC’s modeling of this crisis, The Five Stages to Enterprise Recovery, breaks down how companies respond into five phases.
The network equipment services market reversed direction in 2019, due to positive developments with Network Rollout Services and Consulting Services offsetting reduced demand for Managed Services. According to the latest study, the market is forecast to reach $46 billion in 2024.
via Dell’Oro Group
Financial-technology companies are changing the face of finance. Over the past ten years, disruption in the payments space has expanded to every corner of finance. Even areas once assumed to be safe are seeing new entrants and competitive threats.
Globally, the ‘digital health’ market will grow by close to 20% this year, which amounts to an increase of over $200 billion. While APAC and Africa are expected to see the fastest growth in this sector, North America will hold the largest share of the market.
“Governments must develop holistic national digital strategies across industry sectors to connect the unconnected. Portions of COVID-19 stimulus packages should be allocated toward the digitalization of education, healthcare and key industries.”