Organizations

WHAT'S NEW?: Moves away from traditional, hierarchical, full-time structures towards a gig and shared economy continue apace. New models of virtual working and work anywhere, anytime for anybody are likely to grow dramatically in the coming years.

[New] U.S. e-commerce sales will hit a projected $709.78 billion in 2020, or about 14.5% of total U.S. retail sales, up from $601.65 billion, or about 11% of total retail sales, since 2019.
[New] Li-Fi can provide spectrum relief to Wi-Fi; while the demand for data transmission continues to increase, the US Federal Communications Commission warned against a potential spectrum shortage for radio frequencies, which could mean slower service and increased prices.
[New] Augmenting human capabilities with artificial intelligence will create $2.9 trillion in business value and add 6.2 billion hours of worker productivity in 2021.
[New] The Climate and Energy Program is focused on ensuring that center-left policymakers and organizations embrace a climate plan that puts the United States on the fastest, fairest path to net-zero emissions by 2050.
[New] Last year, Elon Musk's SpaceX launched the first satellites for its massive Starlink project, which will eventually beam high-speed internet service around the world from a constellation of about 12,000 satellites.
[New] Many international organisations such as the World Bank, International Monetary Fund and the World Health Organizations forecasted negative economic growth for both developed and developing countries in the year 2020.
[New] The COVID-19 pandemic is expected to cause smart home product sales to fall by as much as 10% in the 2020 fiscal year, in part due to supply chain disruption in China, but sales in the Americas are expected to see higher growth than in other countries.
[New] DTH will remain the leading pay-TV technology in Malaysia over 2019-2024, but its share of the total pay-TV service subscription will decline with growing adoption of IPTV services.
[New] Global demand for collagen grew 25% in the past year and the disruptions to the traditional supply chain have caused sales of Geltor's animal-free alternatives to surge.
[New] Transforming food and land use systems could create new business opportunities worth up to $4.5 trillion a year by 2030.
[New] New investment of $350 billion a year in sustainable food and land use systems could create as many as 120 million new jobs and unlock up to $4.5 trillion in new business opportunities by 2030.
[New] Brazil is expected to deliver one of the biggest increases to global oil supply in the next five years from nations outside of the Organization of the Petroleum Exporting Countries.
[New] In summary, we continue to expect Surgical Structural Heart sales for full year 2020 will decline 5% to 15% in 2019.
[New] The World Health Organization is warning that malaria-related deaths in sub-Saharan Africa could more than double in 2020 because of disruptions caused by the COVID-19 pandemic.
[New] More sustainable ocean management and fishing could open up $40 billion of business opportunities in the maritime sector, including through the use of new technologies such as artificial intelligence.
[New] Business depends on nature and its services to the extent that $44 trillion of economic value generation - over half the world's GDP - is potentially at risk.
[New] Compared with business-as-usual, the circular economy has the potential to generate savings of USD 200 billion per year, reduce greenhouse gases by 25%, and create 700,000 net additional jobs by 2040, making it a clear opportunity to build back better.
[New] Industries related to online service and information technology led the recovery in demand, while overall market activity is not expected to rebound during 2020.
[New] Banks and insurers in Britain must implement by the end of 2021 plans they have drawn up to deal with risks to their businesses from climate change.
[New] The top opportunities in the custody services market segmented by type will arise in the fixed income market segment, which will gain $1.92 billion of global annual sales by 2023.
[New] The EV market is expected to reach 30 million vehicles by 2030 and will account for 57% of all new vehicle sales.

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Last updated: 03 August 2020