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The NHS is in crisis due to a backlog from the pandemic, underfunding, staff shortages, and strikes throughout the end of 2022 and the start of 2023, which should spark growth in private medical insurance, says GlobalData. The leading data and analytics company found that as concerns regarding the NHS rise as a result of […]
Expansion of MRO support critical to the success of Western supplied armored vehicles in Ukraine, says GlobalData
Following the British Ministry of Defence’s announcement that western nations would supply the Armed Forces of Ukraine (AFU) with Main Battle Tanks (MBTs) and armored vehicles; Tristan Sauer, Land Domain Analyst at GlobalData, a leading data and analytics company, offers his view: “The decision to provide the AFU with the MBTs and armored vehicles the […]
Germany faces further pressure on aid for Ukraine as defense minister resigns, says GlobalData
Following the news that Germany’s Defense Minister Christine Lambrecht is to be replaced by Boris Pistorius; James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “Lambrecht’s resignation comes after mounting criticism over perceived blunders in communicating issues surrounding the Ukraine war, and a failure to kickstart serious […]
Geopolitical situations continue to shape the sporting world, says GlobalData
Geopolitics has always shaped the world of sport, with event hosting and participation in events often determined by socio-political situations within different countries. This is often taken for granted by many countries where society is more stable. For instance, the Russian economy has lost millions of dollars in the past year following its invasion of […]
China’s demographic crisis will exacerbate economic strain and weaken its geopolitical power, says GlobalData
Following the news that China’s population has declined for the first time since 1961; Francesca Gregory, Thematic Analyst at GlobalData, offers her view: “According to GlobalData’s latest report, ‘Demographics – Thematic Intelligence’, China will suffer from a shrinking working-age cohort by 2035, increasing the strain on the world’s second largest economy. The country has been suffering […]
Low Code-related job postings up by 59% in 2022, finds GlobalData
Job postings related to low code increased by 59% in 2022 over 2021, with the number of postings rising from 11,581 in 2021 to 18,449 in 2022, says GlobalData. The leading data and analytics company found that low code technology has emerged as a fundamental interest for companies when it comes to hiring. Sherla Sriprada, […]
Federal rate hikes and inflationary pressures continued to impact the global top 25 tech stocks’ market cap in Q4 2022, says GlobalData
The ongoing pandemic, geopolitical conditions, an increasing consumer price index, and interest rate hikes, all resulted in a more than $5 trillion loss in valuation for the top 25 technology* companies in 2022, finds GlobalData, a leading data and analytics company. Ragupathy Jayaraman, Business Fundamentals Analyst at GlobalData, comments: “At present, investors’ main concerns are the […]
Lithium triangle will benefit from the global race to secure lithium supply following Russia-Ukraine conflict, says GlobalData
Despite supply chain struggles, 2023 will see an influx of deals and investments around mining companies extracting core battery raw materials including lithium, nickel and cobalt, finds GlobalData. According to the leading data and analytics company, the stress on the global core battery materials supply chain as a result of the global lithium shortage, the […]
Ransomware attackers are setting the agenda in cybersecurity, so companies must up their game on cyber awareness, says GlobalData
Following the news that Royal Mail has been hit by a ransomware attack; David Bicknell, Principal Analyst in the Thematic Intelligence team at GlobalData, a leading data and analytics company, offers his view on how companies can improve their cybersecurity measures: “This attack is a sharp reminder that no company is immune from attack. The […]
T2D market will reach $136.2 billion in 2029 driven by the launch of novel GLP-1s and once-weekly basal insulin therapies, says GlobalData
Type 2 diabetes (T2D) is a crowded and competitive landscape with multiple ‘me-too’, generic and biosimilar drugs entering the market. Growth will be primarily driven by the launch of novel blockbuster therapies and an increasing diagnosed prevalent population across the nine major markets (9MM)*, notes GlobalData, a leading data and analytics company. According to GlobalData’s latest […]
Nothing’s Beta Membership program is a significant move for the company despite some big challenges, says GlobalData
Following Nothing’s announcement of the Beta Membership program in the US; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “As it is dominated by Apple, the US smartphone market is an entirely different ballgame for Nothing compared to that of other countries. The program, offering consumers in the […]
IT services providers wisely expand portfolios to target ESG opportunity, says GlobalData
IT services providers that are expanding their portfolios to target environmental, social and governance (ESG) opportunities are making a wise move as many enterprises require assistance developing and implementing ESG-related initiatives, says GlobalData. The leading data and analytics company notes that these companies must continue to adapt to shifting market dynamics to stay ahead of […]
‘Essential Apps’ needs improvement if Zoom wants to get ahead of competitors, says GlobalData
Following the release of Zoom’s ‘Essential Apps’ portfolio; Gregg Willsky, Principal Analyst at GlobalData, a leading data and analytics company, offers his view: “Essential Apps provides important benefits in a cost-effective manner. However, the offer has numerous restrictions attached and will do little to move the needle from a competitive standpoint. While the concept of […]
WEBINAR: 9.0% of pet and 11.1% of travel insurance policies canceled in 2022 as inflation bites UK consumers, says GlobalData
On Tuesday 7 February 2023 at 3:00PM GMT, the Insurance team at GlobalData will host a webinar on how high inflation and the wider cost of living crisis are having an impact on the insurance industry and policyholders globally. Click here to register, and find out: 1. How consumer purchasing behaviours are changing as a result […]
Wireless charging capability aside, Samsung’s SmartThings Station offers no new smart home features over the competition, says GlobalData
Following Samsung’s CES 2023 announcement of its SmartThings Station; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Samsung’s SmartThings Station, its new smart home hub, offers very little over rival offerings in the way of smart home features, leaving consumers with little reason to make the switch from […]
ESG remains a strategic long-term priority in enterprise tech despite recent ‘Black Swan’ events, says GlobalData
Despite recent ‘Black Swan’ events* such as the ongoing Russia-Ukraine war, the pandemic, and trade disputes, GlobalData analysis finds that Environmental, Social, and Governance (ESG) remains a long-term strategic priority for tech service providers to enterprises. According to research conducted by the leading data and analytics company, ‘Black Swan’ events have affected businesses’ short-term priorities, […]
New aid for Ukraine signals shift in West’s approach to the war, says GlobalData
Following the news that new military assistance packages are the first to include western-made Infantry Fighting Vehicles (IFVs); James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “The US Bradley, German Marder and French AMX vehicles pledged over the last two days are a significant departure from […]
Philippine Army continues to re-evaluate procurement sources following Russia-Ukraine conflict, says GlobalData
Following the news that the Philippine Army has acquired 20 new Sabrah light tanks, from Israeli firm Elbit Systems, as part of the ongoing Horizon Two modernization program; Tristan Sauer, Land Domain Analyst at GlobalData, a leading data and analytics company, offers his view: “The Philippine Army reactivated the 1st Tank Battalion in April 2022 amid […]
Crypto’s presence in the sports sponsorship industry will continue shrinking in 2023 following collapse of FTX, says GlobalData
The rise in cryptocurrency deals throughout 2021 was alarming, with many sports teams and leagues jumping at the chance to secure lucrative deals with crypto firms willing to pay significant amounts of money for the opportunity to form partnerships. However, the collapse of crypto in 2022 has teams fearing for the security of these deals, […]
Global autism spectrum disorder market to reach $4.0 billion by 2031 driven by novel pipeline agents, says GlobalData
The autism spectrum disorder (ASD) market is expected to grow from $985.5 million in 2021 to $4.0 billion by 2031 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 15.1%, according to GlobalData, a leading data and analytics company. ASD is a highly heterogenous disorder with a wide range of […]