TECHNOLOGICAL AID

Zoom mania

Back in 2019, Zoom had 10 million daily users; this jumped to 200 million by March 2020; and then to 300 million daily users by April 2020. Zoom’s market cap hit more than $100 billion, now back down to a decent $88.6 billion, still more than the combined market cap of world’s 7 leading airlines. It shows how video conferencing has “dematerialised” or “demonetised” travel around the world.

5G everywhere

Faster communications and wider adoption of broadband — from 13 million in 2019 to 3 billion

— 11x jump in end users — by 2025, according to Ericsson. We’re just 3 to 4 years away from that, the world is now on track to get to the that 3 billion mark for 5G mobile subscriptions.