(18 January 2021) On March 11th, 2020, the World Health Organization officially labeled the outbreak of the novel coronavirus a pandemic. In response, governments across the globe issued a variety of edicts aimed at attenuating the spread of the disease. However, as pragmatic as national quarantines may be, they nevertheless impose substantial economic consequences. App download statistics provide some intriguing insights into the ramifications of such measures.
During an era of social distancing and “Shelter in Place” orders, technologies like video chat, instant messaging, webcams, and high-speed Wi-Fi give people the ability to stay connected to family, friends, and colleagues all over the world. Moreover, platforms like Microsoft Teams, Zoom, Skype and others enable businesses to remain productive while employees are required by law to work from home. For this reason, 42matters has kept an eye on the trajectory of video conferencing apps as the pandemic has unfolded.
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(27 March 2020) The force that is 'global social exclusion' is becoming a fatal event for some businesses that rely on in-person labor force and customers, while for others it is a chance for rapid growth and development of new services lines. As the coronavirus infections curve worldwide has shifted over recent weeks to become still steeper, entire companies have begun switching to remote work operations. Many industries, such as air travel, tourism, and retail are undergoing rapid business model adjustments to soften the impact of the COVID-19 pandemic. Below we share another...
While researchers are working toward an answer to COVID-19, it seems that the average person has had enough on the topic. The declining breadth of search queries* people use to find COVID-related information on Bing points to waning interest, at least in the United States. During the week of March 16, 306,000 unique queries (explicit and implicit) related to Coronavirus or COVID-19 were recorded. By the end of April, that figure dropped to only around 36,000. More general 'coronavirus' searches were replaced by 'coronavirus update' as the pandemic surged in the United States. Once...
Prosper Insights & Analytics has 18 years of experience producing market leading monthly survey-based research of consumers' overall confidence. In its most recent survey, Prosper asked consumers about their concerns with regard to the coronavirus pandemic and the related cancellation of major events. You can explore Prosper's latest findings in depth below, but we'll give the spoiler: 82% of US consumers expressed one form of concern or another and believe that they will somehow experience direct consequences of the pandemic. Moreover, for the first time in six months there is...
The coronavirus outbreak has affected American consumer patterns and business interactions. According to SimilarWeb, which provides web traffic data from various web services, web traffic patterns shifted immediately after the first reports of confirmed COVID-19 cases. These shifts give investors important information about the extent of impact on end users as well as about unique industry-specific formats of running business during the COVID-19 pandemic. While travel, airlines, and hotel businesses will be influenced more directly in the short-term, categories such as web...
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