Markets
Animation: Comparing China vs. India Population Pyramids
Enacted in 1979 by China’s Communist Party, the controversial “One Child Policy” was primarily meant to slow the country’s rapid population growth, while capping the growing drain on China’s limited resources.
Even though the government’s primary objectives were arguably achieved through these extreme measures, it has been at an extraordinary human cost. The draconian enforcement of these policies, combined with the unintended consequences on families and the cultural preference for male children, will have an everlasting impact on the country’s future.
Wonky Demographics
Fast forward to today, and the policy is still in place, but to a lesser effect. Since early 2016, families have been allowed to have two children – but even with this change in place, China still has a self-inflicted demographic disaster on its hands.
In the below population pyramids created by Aron Strandberg, the very different trajectories of China and India are compared directly. China is not only skewing older and more male – it is also losing its strong base of younger workers that could potentially support the rest of the population.
China’s “population pyramid” is not really a pyramid at all – in the coming decades, it’ll look more like a single pillar stuck propping up a burgeoning elderly demographic of people born before 1979.
And over time, the unintended and ongoing effects of population control will be extremely impactful on China’s future. As one example of the emerging challenges, a recent estimate published in Scientific American pegged China’s shortage of women at 62 million, creating a situation where there’ll be millions of men who are unable to marry.
This gender imbalance exacerbates an already existing shortfall at the younger end of China’s population spectrum – and the end result will be a rapidly falling ratio of workers to retirees in the Chinese economy:
Today, the ratio is roughly seven workers per retiree – and by 2050, when China’s population is 100 million people fewer than it is today, there will be just two workers per retiree.
A New Population Paradigm
As China struggles with a declining population and a lack of young people, India is expected to takes its place as the most populous country in the world by roughly 2027.
This new paradigm will be an incredibly interesting one to watch.
By the year 2100, China won’t be home to a single one of the world’s 20 most populous cities.
Instead, these massive metropolises will almost exclusively be located in places like India and Africa – and some of them, like Mumbai, will hold 60 million or more inhabitants.
China’s New Hope
While this shift in global demographics is going to be extremely difficult to deal with for China, there is optimism that increasing levels of automation and the emergence of artificial intelligence will help make up for any shortfalls.
The AI market alone is expected to drive $7 trillion in GDP growth by 2030, and China’s investments in robotics and automation are sure to keep the country a center of manufacturing in the future – even if those factories are being staffed with robots instead of workers.
The Most Popular TV Brands in the U.S.
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Every year, over 40 million TVs are sold in the U.S., making the device a flagship technology in many American homes.
In this graphic, we illustrate the most popular TV brands in the U.S. based on a 2023 Statista survey of over 8,000 American adults. Respondents were asked, ‘What brand is your main TV?’
Korean Brands Dominate the U.S. TV Market
Samsung and LG combined account for 52% of the TV market share. Interestingly, the two firms have a partnership in place, with LG supplying OLED TV panels to Samsung since 2023.
TV Brand | Country | % of Respondents |
---|---|---|
Samsung | 🇰🇷 South Korea | 33 |
LG | 🇰🇷 South Korea | 19 |
Vizio | 🇺🇸 U.S. | 11 |
Sony | 🇯🇵 Japan | 7 |
Hisense | 🇨🇳 China | 5 |
TCL | 🇨🇳 China | 5 |
Philips | 🇳🇱 Netherlands | 3 |
Insignia | 🇺🇸 U.S. | 2 |
Sanyo | 🇯🇵 Japan | 2 |
Toshiba | 🇯🇵 Japan | 2 |
Sharp | 🇯🇵 Japan | 1 |
Other or don't know | -- | 9 |
Vizio, a California-based company, holds the third position, but its TVs aren’t manufactured in the United States. Rather, they are produced by Taiwanese companies AmTran Technology and Foxconn, the latter being a major manufacturer of the iPhone.
Further down the ranking is Insignia, owned by U.S. retailer Best Buy. While it’s uncertain who produces Insignia TVs, some speculate they’re made by China’s Hisense.
Despite holding the largest market share, South Korea ranks behind Japan in terms of the number of companies among the top brands. Japan boasts four brands on our list, with Sony ranked 4th overall, capturing 7% of the responses.
Growing Market
The U.S. is witnessing a surge in demand for high-definition televisions, driven by consumers’ desire for a more immersive home viewing experience.
Globally, the U.S. leads in revenue generation, with the American TV market projected to generate $18.2 billion in revenue in 2024.
-
Healthcare5 days ago
The Cost of an EpiPen in Major Markets
-
AI2 weeks ago
Charted: The Jobs Most Impacted by AI
-
Markets1 week ago
Visualizing the Biggest Companies on Major Stock Exchanges
-
Money1 week ago
The World’s Top 50 Largest Banks by Consolidated Assets
-
Demographics1 week ago
Visualizing the Declining Birth Rate in Japan
-
Technology1 week ago
The World’s Largest Corporate Holders of Bitcoin
-
Misc1 week ago
A Map of Global Happiness By Country in 2024
-
Markets1 week ago
The 12 Worst Investment Funds Over the Past Decade