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According to the government artificial intelligence (AI) readiness index rankings, the United States (U.S.) is the highest-ranked country on the worldwide index in 2023, with an index score of 84.8. This means that the U.S. is considered the country best situated in the world to implement AI within public services, from healthcare to education to transportation. Other noteworthy countries with high indexes were Singapore, the United Kingdom, and Finland coming in at second, third, and fourth respectively.
China ranks 16th on the index as it only measures AI readiness instead of AI implementation. Compared to many other countries that may score more highly for AI readiness, China is advanced in implementing AI capabilities to public services as it has made this a top government priority.
Dec 6, 2023 | Wearables
Wearables shipments worldwide market share 2014-2023, by vendor
Apple is establishing a solid hold on wearable device unit shipments with 20.2 percent in the third quarter of 2023, dominating the market.
Competition With a strong presence in the health and fitness wearable market, Fitbit had been a leader in the wearable industry since early 2014, when the company held about 45 percent of the market share. In 2021, it was acquired by Google. Xiaomi, a Chinese electronics company, has gained market share in 2015 and now is the third biggest wearable vendor in the world, with 7.8 percent of the market share in the most recent quarter.
Apple - market leader In 2022, Apple was the leading wearable vendor, thanks to the successful introduction of the Apple Watch to the smartwatch market. The smartwatch market is a promising segment within the wearable industry, as the global smartwatch shipments increased in the last years. Apple shipped nearly 30 million units in the third quarter of 2023. Yet, Apple faces tough competition from many vendors entering the market, especially from China. In the latest quarter, over 49 percent of the market share was held by many companies categorized as others.
Dec 5, 2023 | Online Dating
Number of users of online dating in the U.S. 2019-2028
The number of users in the 'Online Dating' segment of the eservices market in the United States was forecast to continuously increase between 2023 and 2028 by in total 6.7 million users (+11.33 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 65.86 million users and therefore a new peak in 2028. Notably, the number of users of the 'Online Dating' segment of the eservices market was continuously increasing over the past years.
The Statista Market Insights cover a broad range of additional markets.
Dec 7, 2023 | Key Figures of E-Commerce
Revenue of the e-commerce industry in the U.S. 2018-2028
The revenue in the E-commerce market in the United States was forecast to continuously increase between 2023 and 2028 by in total 614.2 billion U.S. dollars (+67.47 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 1.5 trillion U.S. dollars and therefore a new peak in 2028. Notably, the revenue of the E-commerce market was continuously increasing over the past years.
Find other key market indicators concerning the average revenue per user (ARPU) and number of users.
The Statista Market Insights cover a broad range of additional markets.
Dec 7, 2023 | Business Enterprise
Most valued unicorn companies in South Korea 2023
As of December 2023, fintech company Toss was the highest valued unicorn company in South Korea with a valuation of about seven billion U.S. dollars. Yello Mobile followed with a valuation of around four billion dollars.
Dec 7, 2023 | Currencies
Cryptocurrencies most frequently listed on crypto exchanges in Japan 2023
As of December 2023, transactions with Bitcoin were offered by 32 crypto-asset exchange service providers and financial instruments business operators in Japan, making it the most frequently offered coin. A total of 87 different virtual coins were offered in Japan.
Cryptocurrency exchanges in Japan Around 28 cryptocurrency exchanges were registered with the Financial Services Agency (FSA), Japan’s financial market regulator. Binance Japan handled the largest number of coins, followed by bitBank and BitTrade.
Due to tight regulations regarding the launch of new cryptocurrencies, Japanese trading platforms often offer fewer coins than their international counterparts. To facilitate listings of the most common coins, such as Bitcoin and Ethereum, Japan’s self-regulatory body for the cryptocurrency industry, JVCEA, launched a green list of pre-approved tokens in 2022.Hacking incidents have spurred tightened regulations Japan is not only known for its early adoption of cryptocurrency but also for being a forerunner in regulating the crypto industry. The first legal framework for the cryptocurrency industry was passed as early as 2016. Since then, the FSA has gradually tightened regulations. This is the result of two major hacking incidents at Mt. Gox and Coincheck in 2014 and 2018, in which crypto assets worth billions of yen were lost. Although the regulations are seen as progressive, they are also believed to hinder the growth of the industry.
Dec 9, 2023 | Key Economic Indicators
Monthly inflation rate in China November 2023
In November 2023, the monthly inflation rate in China ranged at -0.5 percent compared to the same month in the previous year. Inflation peaked at 2.8 percent in September 2022, but has eased recently. The annual average inflation rate in China ranged at 2.0 percent in 2022.
China’s inflation in comparison The term inflation means the devaluation of money caused by a permanent increase of the price level for products such as consumer or investment goods. The inflation rate is most commonly measured by the Consumer Price Index. The Consumer Price Index shows the price development for private expenses based on a basket of products representing the consumption of an average consumer household. Compared to other major economies in the world, China has a moderate and stable level of inflation. The inflation in China is on average lower than in other BRIC countries, although China enjoys higher economic growth rates. Inflation rates of developed regions in the world had for a long time been lower than in China, but that picture changed fundamentally during the coronavirus pandemic with most developed countries experiencing quickly rising consumer prices.
Regional inflation rates in China In China, there is a regional difference in inflation rates. As of August 2023, Inner Mongolia experienced the highest CPI growth, while Hainan province reported the lowest. In recent years, inflation rates in rural areas have often been slightly higher than in the cities. According to the National Bureau of Statistics of China, inflation was mainly fueled by a surge in recreation and education prices in recent months. The price gain in other sectors was comparatively slight. Transport prices have decreased recently, but had grown significantly in 2021 and 2022.
Dec 7, 2023 | Leisure Travel
Best European Christmas markets 2023-2024
The Christmas market in the city of Budapest, Hungary, ranked as the best European Christmas market, according to a survey conducted at the end of 2023. Craiova's market followed second on the list that year, with a difference of over 7.6 thousand votes.
The Christmas market tradition originated in the German-speaking area of Europe around the Medieval age.Dec 8, 2023 | Cafes and Coffee Shops
European countries with the most Starbucks stores 2023
As of the third quarter of 2023, Starbucks had 2,794 stores in Europe. The European country with the most Starbucks stores was the United Kingdom with 911 Starbucks stores. This was followed by Turkey with 676 stores and France with 238 Starbucks stores. Comparatively, there were only 31 Starbucks stores in Italy.
Dec 6, 2023 | Travel, Tourism & Hospitality
Growth rate tourism GDP Australia FY 2006-2023
In 2023, Australia's tourism gross domestic product (GDP) bounced back strong, recording an increase of 76.6 percent. After witnessing a significant decline in tourism GDP in 2020 and 2021, with tourism GDP taking a massive plunge down to -41.1 percent in 2021 as a result of the coronavirus outbreak, the industry appears to be on the road to recovery.
The state of the tourism industry in 2021 The coronavirus pandemic had an enormous negative effect on the travel and tourism industry worldwide. In Australia, all major tourism-related industries reported a decline in GVA on the previous year. International visitors were also restricted from entering the country, resulting in a significant drop in revenue from international visitors. China, as the origin of the COVID-19 virus, was the first country to be subjected to travel bans. This was particularly damaging to the Australian economy due to the high volume of Chinese visitors that visit Australia for work, leisure, and study.
Hopes for a trans-Tasman travel bubble Just as visitors to Australia were restricted, international travel for Australians became increasingly limited throughout 2020 and 2021. However, with New Zealand’s success at containing the virus, and incidents of COVID-19 in Australia declining at the end of April, the two countries opened negotiations for a “trans-Tasman travel bubble”. The concept would open travel for Australian and New Zealand residents across the Tasman sea, without the need to undergo quarantine in Australia or New Zealand. Unfortunately, after a second wave outbreak of coronavirus in Melbourne and subsequent outbreaks later in the year, the trans-Tasman bubble did not come to pass in 2020.