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The Covid-19 pandemic did not just have a negative impact on our social lives. Restrictions and suspensions kept people at home playing the best casino games for free. It also affected Tech industry.
The nature of requirements changed and so did the market. We can see this trend in almost every field. Whether it is education, security or the entertainment industry. Since meeting in person was not allowed, virtual interaction was the new normal. Not all sectors suffered from the crisis. Companies tried to respond to the new reality as best they could.
NEW FORMATS
Among the winners of the pandemic were Smart-Home tech industry and the edtech market. Demand has been rising steadily, especially in the last two to three years. As people spent more time at home, they wanted to optimize it. Improving life at home became more and more valuable. If you are forced to stay at home, at least you can be comfortable.
With the virus, it became increasingly important to avoid physical contact at doors. Doorbells, lights, switches, etc. through voice control of smart home devices reduced face-to-face contact.
The most popular devices were smart TVs, video streaming sticks and smart set-top boxes.
But people did not just want to be safe and entertained. They took advantage of a remarkable time to educate themselves. Some signed up for online courses to gain new skills or learn a new language. Thanks to streaming and conferencing software and platforms, this was not a difficult task.
In particular, new tools were developed to make the transition to the online regime as smooth as possible for students and schoolchildren. Video platforms even allowed them to see their classmates and classmates. This virtual contact was crucial to keeping the audience motivated.
It is likely that the long-term effects of Covid-19 and the new hygiene and social distancing habits will continue to prevail even as cases gradually decline. Therefore, the market will experience remarkable growth in the coming years.
UNSTABLE SUPPLY CHAIN
However, the global supply chain has been hit hard by the virus. It has shown governments around the world how dependent they are on others. Delays were particularly prevalent in all sectors where computer chips are indispensable.
Surveys have shown that the majority of companies now want to change their policies. The supply chain is now to become more flexible and less susceptible to external shocks.
