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] Euromonitor expects climate activists to intensify their stance against carbon emissions, further pushing consumers and businesses to do their part in the year ahead.
[New] Always a cost-competitive market, the generics market, particularly the US market, has seen recent restructuring due to product and cost pressures and a key issue going forward for 2020 is how the market will shape out in 2020.
[New] Ships installed with exhaust gas cleaning systems, known as scrubbers, are expected to burn 600,000 barrels per day (bpd) of high-sulfur fuel oil (HSFO) in 2020 when the new rules from the International Maritime Organization (IMO) start.
[New] The International Maritime Organization (IMO) has so far resisted pressure to soften or postpone the implementation of new regulations requiring ships to use bunker fuels with a lower sulfur content from the start of 2020.
[New] New regulations by the International Maritime Organization (IMO) that will require shippers to reduce the sulphur content in their fuel from next year meant demand for products like diesel and low-sulphur fuel oil would rise and improve refinery profits.
[New] The International Maritime Organization (IMO) environmental regulations, aimed at lowering the sulfur content in marine fuels, could create a supply gap and price spike for similar grades of petroleum products, including diesel.
[New] As New Fuel Rules Loom As the new sulfur emission rules of the International Maritime Organization are about to come into effect in January, a shortage of refueling barges is causing delays in compliance.
[New] Traders were hopeful the first half of 2020 will bring a major boost for marine gasoil demand as new International Maritime Organization (IMO) rules prohibit ships from using fuels containing more than 0.5% sulphur, compared with 3.5% through the end of December.
[New] The 2020 ban on F gas use is a ban primarily on the use of virgin F Gas with a global warming potential of 2500 or above to service or maintain existing refrigeration equipment with a charge size of 40 tonnes carbon dioxide and above.
[New] Growth in the Middle East and North Africa is projected to accelerate to a modest 2.4% this year, largely on higher investment and stronger business climates.
[New] The indoor air quality monitoring systems market has shown a significant growth in the past few years and is expected to grow further in the forecast period.
[New] AI is evolving rapidly to meet the complex requirements of modern businesses more effectively, and the year 2020 will remain crucial for its growth.
[New] Forrester forecasts that the edge cloud service market will grow by at least 50% in 2020, while IDC predicts that by 2022, 45% of IoT-generated data will be stored, processed, analyzed and acted upon close to or at the network edge.
[New] Cisco says that globally, SD-WAN traffic was 9% of business IP WAN traffic in 2017 and will be 29% of business IP WAN traffic by 2022.
[New] IDC predicts that by 2022, 75% of enterprises will be using AI solutions to analyze data and glean actionable, innovation-driving business insights.
[New] Software as a service (SaaS) will remain the largest market segment, which is forecast to grow to $116 billion next year due to the scalability of subscription-based software.
[New] B2B online sales is expected to account for 27 percent of total manufacturing trade, which is likely to hit USD 25 trillion by the end of this year, with China and the United States leading the B2B online retailing market.
[New] In 2010, foodservice sales for fast food restaurants totaled approximately 32.36 billion U.S. dollars: Sales were forecasted to exceed 44 billion U.S. dollars by 2020.
[New] IDC predicts that by 2021, 9 in 10 businesses worldwide will rely on a mix of private and public clouds together with legacy platforms to meet their infrastructure needs.
[New] Services will remain a bright spot for global trade, with the total global value of service export forecast to hit a record $7 trillion in 2020.
[New] THE GLOBAL market for business services using drones is expected to rise to more than US$ 127 billion in 2020 from an estimated $2 billion (Bt72 billion) now.
[New] The largest growth in lending volume is expected to come from China, where a quarter of businesses already use digital transaction tools.
[New] Despite idiosyncratic risks and geopolitical tensions in the Middle East, global demand, US oil production and OPEC strategy will be the key drivers for 2020.

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Last updated: 20 January 2020