This is why tech giants are booming in 2020
Posted: Wed Jan 29, 2025 8:53 am
Looking back, 2020 may be seen as a year of great upheaval in the economy. And that doesn't just mean the big crash that is currently causing concern in many economies. Rather, many areas of the business world are being forced to adapt to completely new circumstances. Some companies are coping better with this than others.
Tech giants in particular were able to record strong price increases in 2020. In this article, we look at what exactly this means and find out which areas are most affected by the pandemic-related changes .
Pandemic and Home Entertainment
One thing is clear: Due to the lockdown, people are spending much more time at home qatar gambling data than was the case before the pandemic. Even if you are not legally obliged to stay at home, many people have become cautious and prefer to spend more time at home. This seems safer than spending time in bars or venues where many people come together. This caused a real boom in home entertainment. Both the numbers for video streaming and gaming shot up. The amount of time people of all ages spent using the internet rose sharply. Entertainment offerings from Alphabet, Amazon and Apple, for example, are benefiting from this.
delivery services
If you are only allowed to leave your home in exceptional circumstances, you usually have to forego things like shopping. Restaurant visits are also severely restricted, and you can't just go out for a glass of wine with friends without worrying. The answer to this situation is delivery services.
In any case, the possibility of being able to order dinner directly to one’s home was increasingly exploited.
Another good example of the success of delivery services is Amazon . Hardly any other company was able to profit more from this crisis than this online retailer. People simply preferred to shop online.
And it is also understandable that we rely on external services: While robots are commonplace in industry, for example, and workers can be assisted by a robotic arm , hardly anyone in their private lives has an autonomous vehicle that can do the shopping. So they are dependent on delivery services.
Tech giants in particular were able to record strong price increases in 2020. In this article, we look at what exactly this means and find out which areas are most affected by the pandemic-related changes .
Pandemic and Home Entertainment
One thing is clear: Due to the lockdown, people are spending much more time at home qatar gambling data than was the case before the pandemic. Even if you are not legally obliged to stay at home, many people have become cautious and prefer to spend more time at home. This seems safer than spending time in bars or venues where many people come together. This caused a real boom in home entertainment. Both the numbers for video streaming and gaming shot up. The amount of time people of all ages spent using the internet rose sharply. Entertainment offerings from Alphabet, Amazon and Apple, for example, are benefiting from this.
delivery services
If you are only allowed to leave your home in exceptional circumstances, you usually have to forego things like shopping. Restaurant visits are also severely restricted, and you can't just go out for a glass of wine with friends without worrying. The answer to this situation is delivery services.
In any case, the possibility of being able to order dinner directly to one’s home was increasingly exploited.
Another good example of the success of delivery services is Amazon . Hardly any other company was able to profit more from this crisis than this online retailer. People simply preferred to shop online.
And it is also understandable that we rely on external services: While robots are commonplace in industry, for example, and workers can be assisted by a robotic arm , hardly anyone in their private lives has an autonomous vehicle that can do the shopping. So they are dependent on delivery services.