Which areas of tech grew the most during the covid pandemic?

• Date: 29 March 2021
• Published date: 29 March 2021
• Author: Sponsored Content
• Publication title: Israel National News (Israel)

Video Conferencing

2020 has been the year of Zoom, with the video conferencing giant seeing a growth of users by more than 2,000% in the last year. Although the company has been running since 2011, the video platform became most well-known during the pandemic and synonymous with communication.

Whether it was 'grabbing a Zoom' or 'jumping on a Zoom call,' various spin-offs emerged including quizzes, happy hours amongst staff, wedding ceremonies and more.

Other competitors in the space also grew from the boost in video conferencing, including the likes of Microsoft Teams and Whereby which announced a funding round of $12 million last week.

Streaming Services

With households cosying up on the couch, streaming services such as Amazon Prime, Disney+ and Netflix saw significant growth during the pandemic, with Netflix now recording a total of 200 million users worldwide, up 31% from the previous year.

A study by Ofcom in 2020 showed that the average person in lockdown was spending 40% of their time in front of a screen.

FX and Trading

With people working remotely, on furlough or waiting for new job opportunities, more and more started to dabble in the world of FX and online trading, using the likes of eToro and IG.

Some people started learning themselves, using the free versions of the trading platforms, or via watching Youtube videos. In 2021 many US citizens start trading with regulated US Forex brokers to invest and work with their disposable income.

There were a few notable investment opportunities which saw both amateur and professional traders win big, including the 170% growth in Bitcoin in the last year, the rising share price of Tesla...