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Asia will continue to dominate global refinery coking capacity additions through 2027, says GlobalData

Asia is set to witness the highest refinery coking capacity additions among all regions during 2023 and 2027, contributing about 50% of the total global capacity additions by 2027, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Refinery Coking Units Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including Details […]
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Power sector embraces tech innovations for transformer asset upgrades, says GlobalData

The integration of transformer assets in the power sector with technologies such as artificial intelligence (AI), digital twins, robotics, and 5G is facilitating advanced grid management, foresight-based maintenance, and heightened energy stability. These advancements promise a more secure and robust infrastructure, positioning the sector on the cusp of the fourth industrial revolution, says GlobalData, a […]
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Gene expression tests will improve disease diagnosis, says GlobalData

Researchers from Imperial College London have developed a blood test to diagnose the cause of fevers in children. The test detects patient gene expression in their blood during a fever-causing inflammatory response to pinpoint the disease, which is coined as Personalised Molecular Signature Diagnosis (PMSD). The approach involving gene expression profiling will improve diagnosis workflows […]
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Global company sentiment improved in Q2 2023 with high mentions for batteries and electric vehicles, reveals GlobalData

Aerospace, defense & security, automotive, and mining were among the industries that witnessed improved sentiment Middle East and Africa, and Asia Pacific trending with improved sentiment Themes with high mentions and favorable sentiment were batteries and electric vehicles Company Filings sentiment improved by 2% year-on-year (YoY) in the second quarter (Q2) of 2023. Innovation and […]
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Telehealth market poised to register growth as recovery from post-pandemic slump begins, says Globaldata

The impact of the COVID-19 pandemic has prompted a surge in telehealth development. Telehealth has provided valuable help in maintaining social distancing while allowing medical professionals and patients to interact with each other. When COVID-19 precautions started to lift in 2021, telehealth had a decrease in usage. Despite this recent slump, the telehealth market will […]
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BlueJeans’ demise highlights Microsoft’s dominance in collaboration market and how rivals must fight it, says GlobalData

Verizon’s announcement to begin decommissioning its BlueJeans unified communications (UC) and conferencing platform happened in the same week that one-time pandemic ‘unicorn’ Hopin, once valued at over GBP7 billion, sold its digital events business for just GBP39 million. While the pandemic-induced UC gold rush has abated, growth is still good, but the big winner has […]
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North America will continue to dominate global LNG liquefaction capacity additions through 2027, says GlobalData

North America will continue to dominate the global liquefied natural gas (LNG) liquefaction capacity additions, contributing about 59% of the total capacity additions between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Liquefaction Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies and Projects […]
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FWA technology’s share to grow to nearly 16% in US broadband services market in 2028, forecasts GlobalData

Fixed wireless access (FWA) technology for broadband internet continues to attract new users and is expected to more than double its subscription market share among US fixed broadband technologies, expanding from a 7.2% share in 2023 to 15.8% in 2028, according to GlobalData, a leading data and analytics company. GlobalData’s updated report, “United States Fixed […]
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Generative AI disrupting every sector, but sports industry will have to wait, says GlobalData

Generative AI is disrupting every sector, but the sports industry will have to wait before reaping the benefits. There have been attempts at using generative AI to innovate in the sports sector, but none have yielded ground-breaking results, says GlobalData, a leading data and analytics company. GlobalData’s recent report, ‘Artificial Intelligence in Sports,’ reveals that […]
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