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Hari Gorla

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  • Author: Hari Gorla

Bulgaria’s defense spending increases will continue to be driven by Russia’s military assertiveness

Persistent security concerns over Russia’s military assertiveness, which has historically fueled Bulgaria’s defense expenditure, is likely to continue to drive future increases. GlobalData, a leading data and analytics company, forecasts that defense spending in Bulgaria will reach US$2.1bn in 2026, growing at a compound annual growth rate (CAGR) of 10.58%. GlobalData’s latest report, ‘Bulgaria Defense […]
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Foxconn’s EV ambition to take-off in Thailand, says GlobalData

Taiwan-based smartphone manufacturing giant Hon Hai Precision Industry Co. (Foxconn) and state-owned oil supplier PTT PLC have signed an agreement to start electric vehicle (EV) manufacturing facility in Thailand.  The agreement, which follows the memorandum of understanding (MoU) signed between the parties for cooperation on EVs in June 2021, will help Foxconn in taking-off its […]
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COVID-19 shapes Indian pharma deals landscape, says GlobalData

India has a rapidly growing pharmaceutical market that, being the third largest pharmaceutical industry in the world by volume, holds a prominent place in global health. Over the last decade, the Indian pharmaceutical market has seen increasing domestic and foreign investment. While the overall number of deals fluctuated only slightly between 2011 and 2019, a […]
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Pep+ positions PepsiCo ahead of the curve for sustainability goals, says GlobalData

Following PepsiCo’s introduction of Pep+, a policy that aims to improve the company’s agricultural footprint by addressing its packaging processes and greenhouse gas emissions; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Pep+ will keep PepsiCo ahead of the competition amid consumers’ ever-increasing demand for sustainability. The policy […]
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Global deal activity down by 3.4% in August 2021

A total of 4,826 deals (comprising mergers & acquisitions [M&A], private equity, and venture financing deals) were announced globally during August 2021, which is a decline of 3.4% over 4,995 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database revealed that the […]
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The robotics industry will pass the $500bn mark in 2030

Robots have not taken over the world yet, but there will definitely be a lot more of them by the end of the decade. GlobalData, a leading data and analytics company, forecasts that the robotics industry will pass the $500bn mark in 2030, after a decade of growing at double-digit rates. That is an impressive […]
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Amazon’s sentiments skyrocket in Q3 2021 driven by innovative offerings and expansion optimism, says GlobalData

Amazon’s earnings transcript sentiments were 7% higher than FedEx in Q3 2021*, suggesting that the e-commerce giant is more optimistic compared to its counterpart, according to GlobalData. The leading data and analytics company notes that Amazon’s Q3 sentiments were up compared with last year, driven by the company’s plans to further expand its delivery business […]
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Integration of advanced technologies to push EO/IR market to US$12.9bn by 2031, says GlobalData

The need for advanced situational awareness and information dissemination abilities is driving the development and procurement of several Electro-Optic Infrared (EO/IR) systems. The global military EO/IR systems market is valued at US$9.2bn in 2021 and will grow at a compound annual growth rate (CAGR) of 3.43% to reach a value of US$12.9bn by 2031, according […]
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Improbable capitalizes on transition to virtual training during pandemic as military simulator systems market set to reach $3.4bn by 2030, says GlobalData

Improbable is a growing player in the simulation and training market and has capitalized on changes the military have made to their training methods brought about by the pandemic. Militaries have likely realized in the past year that the potential to transition, at least in part to a virtual training environment, is invaluable for providing […]
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Global nickel production to recover by 6.8% in 2021, supported by Indonesia and the Philippines, says GlobalData

Global nickel mine production is expected to grow by 6.8% to reach 2,427.4 thousand tonnes (kt) in 2021, after registering an estimated 4.2% decline to 2,272kt in 2020, owing to COVID-19-related lockdowns and restrictions, says GlobalData. The leading data and analytics company notes that output from Indonesia (+16.3%), the Philippines (+5.1%) and Brazil (+24%) will […]
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Global risk decreases a tad in Q2 2021 but remains at an elevated level, says GlobalData

While overall global risk has been decreased slightly by the progress of COVID-19 vaccination programs and reopening initiatives, risk levels are still high due to the resurgence of new COVID-19 variants and geopolitical tensions, according to leading data and analytics company GlobalData. GlobalData’s report, ‘Global Risk Report Quarterly Update – Q2 2021’, finds that global […]
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Australia to join elite list of nuclear-powered submarine operating countries with AUKUS pact launch, says GlobalData

Following news that the US, the UK and Australia launched a trilateral defense partnership; Venkatesh Kandlikar, Analyst at GlobalData, a leading data and analytics company, offers his view: “The formation of a new trilateral defense technology collaboration with the UK and the US will aid Australia to acquire nuclear submarines. From this trilateral partnership, Australia […]
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