We are working to keep this as accurate as possible in a dynamic and evolving situation, and value your help as we work to keep this tool updated. The WTTC also conducted a research to assess the impact of COVID-19 on the travel and tourism industry. Smartphone market share worldwide by vendor 2009-2020, Apple iPhone unit sales worldwide, by quarter, Global market share held by smartphone operating systems, by quarter, Virtual Reality (VR) - statistics & facts, Profit from additional features with an Employee Account. While rising unemployment and furloughing has clearly limited people’s ability to save, these have predominantly affected lower earners who were unlikely to save much in the first place. Impact on jobs in hospitality The World Travel & Tourism Council has recently warned the COVID-19 pandemic could lead to a cut 50 million jobs worldwide in the travel and tourism industry. The Business of Fashion and McKinsey & Company have released a new update examining the effects of Covid-19 on the $2.5 trillion fashion industry. What’s on the Horizon for the Airline Industry? In the wake of the COVID-19, there will likely be a significant financial impact on revenue for all cruise operators, which could make it difficult for many … What Are Your Risks of Getting Infected by COVID? Learn more about how Statista can support your business. In, Computer Economics. As soon as this statistic is updated, you will immediately be notified via e-mail. The agriculture industry may have to adapt and evolve, but it will always be a fundamental part of our society. COVID-19 and the aviation industry: Impact and policy responses The dramatic drop in demand for passenger air transport (and freight, to a lesser extent) due to the COVID-19 pandemic and containment measures is threatening the viability of many firms in both the air transport sector and the rest of the aviation industry, with many jobs at stake. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The chemicals industry is likely to feel the impact of the coronavirus (COVID-19) pandemic from every direction. While keeping the food supply running is arguably the most essential activity right now, the industry has still faced its fair share of challenges. IBISWorld has developed an Industry Exposure Toolto help companies understand which industries have high trade exposure to China. A paid subscription is required for full access. We would be happy to share this research with you, please contact your Client Manager to schedule a call with our analysts or reach out to us at this, We have recently launched research for over 100 topics related to our industry as part of our 2020 research agenda. Every few years the world sees new outbreaks of infections (SARS, H1N1, Ebola, Zika, etc. You can only download this statistic as a Premium user. 20 Things to Keep in Mind, Digital Transformation Council (End Users Only), Digital Transformation Council for Smart Cities, Coronavirus Vaccine: Development and Distribution Logistics, Governments Increase Smart City Investments to Combat COVID-19, Reignite Growth, Early Impacts of COVID-19 on Process Industries Podcast with Control Global. How Can Companies Safely Surf the Pandemic’s Storm Waves? Revenue challenges and the need for employees to rapidly transition to remote work has been common across all industries. COVID-19 is forcing petrochemical executives to rethink the future of the industry. According to the latest data from the World Health Organization, the mortality rate of The common consensus seems to be that COVID will hit these industries harder than 9/11 and the Financial Crisis of 2008. Covid-19 Vaccine Distribution – Possibly the Most Important Supply Chain, ARC Advisory Group ​Market Update​ - December 2020, Pharma at the Forefront: How Vaccine Distribution Challenges Are Accelerating ‘The Cognitive Supply Chain’, MxD Addressing Pharmaceutical Supply Chain Resiliency, Medical Device Deployment, and Pharmaceutical Industry Production. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, *The impact is ranked on a 5-point scale from minor impact to severe impact: The ideal entry-level account for individual users. Will COVID-19 Change the Future of the Electric Grid? Impact of Covid-19 on Indian economy. Covid-19 has certainly adversely impacted international insurance markets for a number of years to come. To learn more about the economic impacts of COVID-19 on the U.S. farm sector, visit AgAmerica’s farm publication library to download a copy of The Economic Impact of COVID-19 on U.S. Agriculture: Part Two. Just as supply chains are being disrupted by outbreaks in key regions, demand may fall due to uncertainty in the global economy and capital markets. As a Premium user you get access to background information and details about the release of this statistic. COVID-19 has impacted nearly every industry and everyone living and working across the globe. Equipment Maintenance Still Required During the COVID-19 Pandemic, US NIST Funding Manufacturing Institutes to Support Pandemic Response, COVID-19 Impacts Process Users, Industries:  Control Global Interviews ARC Analysts, Commercial Aircraft Industry Braces for the Aftermath of the Global Pandemic, Tracing Coronavirus Contacts Using Phones and Bluetooth, 3D Printing Medical Equipment Parts Is Saving Lives, The CARES Act – A Supply Chain Perspective, How Will COVID-19 Impact the Manufacturing Automation Market: Manufacturing Automation Interviews ARC's Craig Resnick, When the Coronavirus Enters Your Control Room. IDC is closely … One area where COVID-19 is likely to have a genuinely positive impact is the savings market. 3 - significant impact As per an Oxford economics study, Asia is expected to be the worst affected and data suggests the industry could take many months to recover. 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