Global IoT spending was around $730 billion in 2022, according to IDC data. Moving forward, IDC expects this market value to approach $1.2 trillion by 2027. Trends Among other factors, global spending on the Internet of Things is driven by: Increased use of smart devices. Factory automation. Artificial
The electric battery market for new energy vehicles in China is not only the largest in the world, but is growing at double-digit rates. According to CATL (Contemporary Amperex Technology Co. Limited), this trend is occurring as the upgrade of new energy car models progresses. Lithium Also as
In 2023, stainless steel production in China accounted for 42% of total primary nickel demand, according to information from Vale. Consequently, changes in Chinese stainless steel production have a major impact on global nickel demand. In fact, stainless steel is a key driver of nickel demand, especially in
The Argentine multinational company Mercado Libre wants to have the largest digital bank in Mexico. “We see huge opportunities for Mercado Pago in Mexico. In June, we announced our intention to apply for a banking license, which will allow us to scale the business to achieve our ambition
Former President Donald Trump or Vice President Kamala Harris will eventually pursue trade protectionist policies should she become President of the United States. U.S. political analysts predict that the issue of imports, especially from China, will play a crucial role in the nomination decision. In May 2024, President
In 2023, Mexico stood out as the main importer of poultry genetic material from Brazil, reaching a total of 13,514 tons. This volume represents a remarkable year-on-year increase of 72.7%, according to data provided by Brazil’s Ministry of Industry, Foreign Trade and Services. The volume is also equivalent