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Renewable power held a 19% share of the US’s total power capacity in 2020, according to GlobalData, and this share is expected to increase significantly to 48.4% by 2030. The leading data and analytics company notes that favorable policies introduced by the US government will continue to drive the country’s renewable sector, particularly solar PV […]
Djokovic’s Australian visa cancellation and potential exit from this year’s Open could impact ratings value for broadcasters, says GlobalData
Following the news that Australia has cancelled Novak Djokovic’s visa on his arrival in Melbourne; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “Australia’s decision to revoke Novak Djokovic’s visa could have negative implications for broadcasters and the year’s first Grand Slam, with ratings and tournament value likely […]
UK will no longer be a pushover on tech M&A, says GlobalData
Following the recent news that the UK has introduced a new National Security and Investment Act, which gives the UK government powers to scrutinise and intervene in business transactions, such as takeovers, to protect national security; Members of GlobalData’s Thematic Research team offer their views: Dr Lil Read, Analyst, commented: “Governments globally are finally waking […]
Kirkland & Ellis named ‘Top legal advisor of 2021’, having advised on 970 deals worth $559 billion, says GlobalData
Kirkland & Ellis has emerged as the top mergers and acquisitions (M&A) legal adviser by both value and volume in 2021, having advised on 970 deals worth $559 billion, according to GlobalData’s Financial Deals Database. The leading data and analytics company notes that Kirkland & Ellis outpaced its peers by a significant margin in terms […]
Belgium on track to phase out nuclear power by 2025, says GlobalData
Despite representing a significant 39% of Belgium’s generation mix in 2020, nuclear power is on track to be phased out by 2025, according to GlobalData. The leading data and analytics company notes that the country is expected to begin shutting down the last of its plants this year—to be replaced by wind and solar generation. […]
Goldman Sachs and Houlihan Lokey are the top M&A financial advisers by value and volume for 2021, finds GlobalData
Goldman Sachs and Houlihan Lokey have emerged as the top mergers and acquisitions (M&A) financial advisers by value and volume, respectively, for 2021 according to GlobalData’s Financial Deals Database. The leading data and analytics company notes that Goldman Sachs advised on 468 deals worth $1.2 trillion – the highest value among all the advisers, and […]
Renewed cybersecurity methods urgently needed among legacy medical devices to protect against cyberattacks, says GlobalData
For more than a decade, the healthcare industry has been the largest target for data breaches due to relying on older medical devices that no longer support security updates and are at a higher risk of ransomware attacks, says GlobalData. The leading data and analytics company notes that efforts to combat this are urgently required […]
Medical device contract manufacturing market rebounds in 2021 with M&A deals reaching record-high $1.6 billion, says GlobalData
Medical device contract manufacturing has made a comeback in 2021, according to GlobalData, which notes that merger & acquisition (M&A) deal volume in the sector has reached record highs of $1.6 billion. The leading data and analytics company notes that contract manufacturing, which offers medical equipment manufacturers essential cost reductions and increased return on investment […]
Patients with T-cell lymphoma to remain an underserved population over the next ten years, says GlobalData
Not only is there is a severe lack of effective T-cell lymphoma (TCL) treatments, according to GlobalData — a sentiment reflected by key opinion leaders (KOLs) — but the leading data and analytics company does not expect any significant solutions to appear in the next decade. Sakis Paliouras, PhD, Senior Oncology Analyst at GlobalData, comments: […]
Metaverse growth in 2022 will be driven by the enterprise and gaming markets, says GlobalData
Tech titans will begin competing for metaverse market dominance in 2022 and non-tech brands will continue to explore how metaverses could deliver operational improvements, according to GlobalData. In its latest report, ‘Tech, Media, & Telecom Predictions 2022’, the leading data and analytics company reveals that gaming and commercial uses will spur growth but concerns over […]
Deglobalization driving enterprise telecoms resegmentation, says GlobalData
Many once globally ambitious enterprise telecoms service providers have made a fundamental shift in market focus due to macro-economic changes such as deglobalization and to make the most of evolving technology, says GlobalData. The leading data and analytics company notes that this is a significant move because many of these companies have chosen to scale […]
Primary open angle glaucoma total prevalent cases set to reach 8.84 million in the 7MM by 2030, driven by an aging population, more comorbid conditions, and delayed access to health care facilities, says GlobalData
The burden of total prevalent cases (diagnosed and undiagnosed) of primary open angle glaucoma (POAG) is expected to increase at an annual growth rate (AGR) of 2% from around 7.3 million cases in 2020 to 8.84 million in 2030 in the seven major markets (7MM*), according to GlobalData. The leading data and analytics company notes […]
Natural gas production growth in Appalachia limited to supply mainly northeast demand, says GlobalData
Natural gas production from the US’s Marcellus and Utica shale plays is forecast to cross the 42 billion cubic feet per day (bcfd) mark by 2025, according to GlobalData — assuming gas prices stay above $3.5 per one million British thermal units (mmbtu). The leading data and analytics company notes that no new pipelines are […]
Internet of Military Things has potential to transform warfare and serve as a force multiplier for advanced militaries, says GlobalData
Modern warfare is increasingly information-based with soldiers and decision-makers needing a continual flow of up-to-date information to quickly make the best decisions possible. The Internet of Military Things, or IoMT, is at an early stage of its development, however its ability to speed up and increase the efficiency of the observe, orient, decide, act (OODA) […]
2022 predictions: Digital twins to become widespread, edge computing to accelerate IoT adoption, and the importance of Industry 4.0 technologies to become clearer, says GlobalData
The fourth industrial revolution—also known as Industry 4.0—will benefit not just traditional manufacturing and logistics but all areas of business in 2022, notes leading data and analytics company GlobalData. In its latest report, ‘Tech, Media, & Telecom (TMT) Predictions 2022 – Thematic Research’, GlobalData reveals that environmental social and governance (ESG), digital twins (digital representations […]
Global psoriasis market set to reach $27.5 billion by 2029 driven by the launch of eight new innovator pipeline agents, says GlobalData
The psoriasis (PsO) market was valued at $14.2 billion in 2020 and is expected to grow to $27.5 billion by 2030 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 6.8%, according to GlobalData. The leading data and analytics company notes that growth will be driven by the launch of […]
2022 predictions: Quantum computing market growth driven by cloud-based services and security solutions, as companies ignoring these trends at risk of being left behind, says GlobalData
The growth of cloud-based quantum computing services and an increasing need to implement post-quantum security solutions are two of the standout trends that will shape the quantum computing market in 2022, according to GlobalData, a leading data and analytics company. Quantum computers are designed to complete in seconds tasks that would take classical computers thousands […]
2022 predictions: Cyber threats to become more dangerous, zero-trust approach will be ubiquitous, and security convergence to become increasingly important, says GlobalData
The global cybersecurity industry will be worth almost $238 billion in 2030, a massive 106% increase up from the $115 billion value in 2020, according to forecasts by GlobalData. The leading data and analytics company notes that this growth will be supported by three key future predictions for 2022, which it outlines in its latest […]
Companies risk a shareholder backlash if they do not set and achieve challenging ESG commitments in 2022, says GlobalData
In light of the 2021 UN Climate Change Conference of the Parties (COP26), the role of the private sector in climate action is becoming increasingly apparent with commitments made by companies to climate change action accelerating in 2022. In its latest report, ‘Tech, Media, & Telecom (TMT) Predictions 2022 – Thematic Research’, leading data and […]
Gabriel Boric’s election as Chilean president brings another uncertain dynamic for the world’s EV battery sector, says GlobalData
Following the news that leftist Gabriel Boric has won Chile’s presidential election; Daniel Clarke, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on how Boric’s victory will impact lithium mining companies, battery makers and EV makers: “Gabriel Boric’s victory will be a cause for concern for many companies operating in […]