Decent Work and Growth (8)

[New] The global market for bamboo is huge, being valued at nearly $69 billion in 2018, with analysts expecting it to grow at a combined annual growth rate of 5% through 2025.
[New] Ericsson predicts 3.5 billion IoT connections via cellular networks by 2023, driven mainly by the growth of 5G networks.
[New] The goal to grow the share of emerging food markets complements the National Farmers' Federation strategic target to reach $100 billion by 2030, with a growth rate of approximately 4 per cent per annum expected in farm gate output.
[New] Citi analysts are bullish on the gold price outlook, saying prices could possibly breach $US2,000 an ounce in the next year or two, if global growth and recession fears are realised and interest rates remain lower for longer.
[New] National Australia Bank has forecast economic growth of just 0.2 percentage points, bringing the annual pace of growth to 1.2 per cent - the slowest pace in almost two decades.
[New] China's oil demand is set to grow by almost 500,000 b/d this year, on a par with last year, while India was set for a slowdown, with expected demand growth of 180,000 b/d this year.
[New] Canada's total oil production is forecast to increase to 5.86 million barrels per day by 2035 - a growth rate less than 50% of projections made in the 2014 outlook.
[New] The Global online recruitment Market was valued at $27.3 billion in 2019 and is anticipated to reach at 40.3 billion USD in 2024, with a significant growth of 8.1% over the forecast period.
[New] The volume of the blockchain in healthcare market worldwide will reach more than $1.7 billion by 2026, with a compound annual growth rate of 48.1%.
[New] Concerns about global trade have reached nearly ten times the peaks seen in previous decades and could shave about 0.75 percentage point off world economic growth this year.
[New] The growth in U.S. medical costs lags the rest of the world, which Aon expects to rise 8.0% next year.
[New] Global market revenue from sales of equipment used to screen people for explosives, weapons and contraband are forecast to grow at a compound annual growth rate of 6.6 percent over the 2018-2023 forecast period.
[New] Asia Pacific is expected to experience the fastest growth in Automotive Immobilizer market during the forecast period to 2025.
[New] Promoting non-oil growth and creating jobs for Saudi nationals remain key challenges: Non-oil growth is expected to strengthen further this year and over the medium term.
[New] IDC expects Mobile Phone shipment volumes to be nearly flat (-0.4%) in the second half of 2019 while the market declines 2.2% year over year for the full year, making 2019 the third straight year of global contraction.
[New] The market for big data and business analytics will grow from $130.1 billion in 2016 to over $203 billion in 2020 globally, a compound annual growth rate of 11.7%.
[New] Despite the relatively upbeat forecast for oil prices this year, Bank of America Merrill Lynch warned about the sensitivity of the market to changes in global GDP growth.
[New] Feature phones are expected to generate $16 billion in hardware revenues over the next three years, thanks in no small part to growth in emerging markets.
[New] The global market for IV therapy and vein access will grow from nearly $40.7 billion in 2018 to $54.5 billion by 2023 with a compound annual growth rate of 6.0% for the period of 2018-2023.
[New] E blockchain and AI in the financial services industry will bring extensive transformation in coming years.
[New] The growth of inbound air capacity to Australia in 2019-20 and 2020-21 is expected to be below the long-run average for a number of key markets, mainly due to higher oil and jet fuel prices.
[New] A lengthy manufacturing slump and escalating trade wars will cause global growth to slow from nearly 4 per cent in 2018 to just over 3 in the coming years.
[New] Emerging Markets - The trade conflict with the U.S. will likely impact China's growth for the remainder of this year into 2020.

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Last updated: 16 September 2019