Smart home
Last year, one of the IoT market sectors specialized in the production of smart assistants for home was estimated at $80 billion. Experts suppose that in five years, the market capitalization may increase fourfold. At the moment, virtual assistants are presented in smartphones and loudspeakers. However, the list of smart home gadgets and their functionality will expand. In the near future, Alexa from Amazon and Google Assistant will not only control the operation of vacuum cleaners, microwaves or refrigerators, but they will also give advice on optimizing our households.
Smart city
Massive digitalization amid the spread of wireless and high-speed Internet will touch not only homes, but also cities and their infrastructure. Analysts foresee that by 2025, the capitalization of the market sector may exceed $260 billion that is twice as big as the previous reading. Digital housing and utility platforms are likely to be the most flourishing. What is more, self-driving vehicles with all the necessary communications, including electronic maps, smart traffic lights as well as traffic cameras and traffic tracking systems, will also be among the leaders.
Smart manufacturing
Smart manufacturing is one more promising field in the IoT market. In four years, this segment may advance fourfold to be estimated at $950 billion. Nowadays, gadgets allow us to remotely control the entire enterprises and individual branches as well as monitor smaller objects. For example, the management of Bosh found out that their workers needed a lot of time to find the necessary tool. To optimize the process, they attached special tracking sensors to all the tools. As a result, the concern increased both its labor productivity and profit.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
