Statista trend report on how technology can mitigate the worst effects of an economic downturn
The world is in a time of crisis. Global economic activity is forecast to continue slowing in 2024 due to a plethora of intersecting issues. These include, among others, international supply chain problems, a labor shortage, high inflation and interest rates, and Russia’s invasion of Ukraine and the subsequent energy crisis. Moreover, the combination of crises threatens stability and recovery, and the risk of a global recession remains high in 2024, according to IMF forecasts. However, in the face of rising economic, political, and social headwinds, businesses can initiate change and adapt to the current circumstances.
This Statista Trend report explores eight tech sector developments that businesses should pay attention to in this challenging environment in order to survive, thrive, and become recession-proof.
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