South Africa’s economy is the second-largest economy in the Africa continent, falling after Nigeria. According to the World Bank, the nominal gross domestic product (GDP) of the country was $368 billion in 2018.
The US is a developed economy with nearly 24% of the global GDP in 2018. The country is one of the major markets and manufacturers of pharmaceutical, automobile, aviation, consumer electronics, tourism and so on.
Germany, having the world’s fifth-highest number of coronavirus cases, has experienced far fewer deaths from the disease in comparison with the other countries including Italy, China, the US, and others.
The global alcoholic beverage market is growing at a significant CAGR during the forecast period. One of the major factors augmenting the alcoholic beverages market growth is gradually escalating demand for alcoholic beverages across the globe.
Governments across the globe including North American, European as well as Asia-Pacific Countries are taking every possible step to install smart meters in every household that further contribute in the growth of the market.