Mobile Economy: Performing Well During Covid-19 Pandemic
The first ten weeks of 2020 have radically changed the lives of almost all countries and individuals. COVID-19 has conquered the world and led to dominating news cycles, reforming financial markets, and significantly impacting industries from travel to healthcare, and restaurants.
There has been a fierce impact of the coronavirus manifest in phases. When these new outbreaks turned into a pandemic, governments and companies responded with containment measures.
We saw the impact of the coronavirus manifest in phases. When new outbreaks arise, governments and companies respond with containment actions. China was the first wave, followed by Italy, South Korea, and Japan, then France and Germany, and now we are started to see evidence of the impact on the mobile economy almost every major market across the globe. As the shutdown has been announced, people have turned to mobile phones during this time to seek information, continue to work, have fun, promote connection, and fill the gaps in everyday life.
As this pandemic cannot be predicted of how worse the effect it would have on business, mobile economy through connected media such as apps, portals, and websites is expected to stay unhampered.
Applications that are ruling the Mobile economy
At present, we have apps for almost every necessary task, and business operations have turned out to be the key adopters and contributors in the mobile economy.
Enterprise and education applications leading the game
One of the first major steps we saw in the mobile economy was the surge in the use of professional applications in China. After city closures and the introduction of homework and social distance policy, we saw takeoffs and hours spent on business apps.
Commercial and educational apps have seen the most substantial increase in downloads in app categories. In the first half of February 2020, business and educational apps were downloaded approximately twice a week in contrast to 2019. Popular apps during that period included ZOOM Cloud Meetings, HUAWEI CLOUD WeLink, and DingTalk.
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