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Read our latest insights on covid - 19's impact on various industries
China was first to report existence of COVID-19 virus to the WHO. The emergence of COVID-19
quickly
escalated to become a global pandemic and is now considered to affect majority of the industries
across
the
globe. As the sudden pandemic accelerates its spread to over 195 countries and territories
across the
world,
The United Nations has estimated a global economic impact of $2 trillion for industries across
the globe.
Governments across the globe have already announced financial packages to lower the economic
impact of
COVID-19 on their respective economies. On 26th March 2020, The G20 leaders have also pledged to
inject $5
trillion into the global economy to minimize the social and economic damage of the coronavirus
pandemic.
G20
members would also look to increase funding to multilateral bodies as required. The US, is also
looking at
a
Senate vote to rollout a $2 trillion package to combat economic impact of COVID-19 on the U.S.
economy.
Industries across the globe are increasingly making efforts to understand the short-mid-long
term impact
of
the COVID-19 pandemic situation and prepare themselves to combat the situation with proactive
strategic
business planning. Industries are proactively working in tandem with governments to mitigate the
impact of
this tragedy affecting hundreds of thousands of people, globally.
We at Meticulous Research® are continuously tracking the business impact of this human tragedy
for multiple
industries. In our effort to enable businesses to strategize their growth plans, we are making
every
effort
to realign, update, and simplify our research to provide actionable insights and guidance to
global
business
organizations in order to enable them to sail through this situation with resilience and
agility.