Demographics is the collection and analysis of broad characteristics about groups of people and populations. Referring to the socio-economic information expressed statistically, it tackles employment, education, income, marriage rates, birth and death rates. Governments and corporations use demographics to learn about a population’s characteristics for policy development and economic market research and future trends. With the combination of the internet, data, and artificial intelligence, demographics plays a big role in amplifying the business sector, structural productivity growth, living standards, saving rates, consumption, and investments.
What Can Demographic Be Used For