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Following the news that Sky Sabre air defense system has replaced Rapier and entered service with the British Army; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “Given it is a year behind schedule, the Sky Sabre air defense system’s entry into service has been long awaited. However, the […]
Jobs Recap: Metaverse-related jobs and those offering sign-on bonuses on the rise in November as total newly posted jobs in decline, finds GlobalData
Job listings reduce 2% MoM in November 2021 Metaverse listings jump five-fold since October 2021 Jobs offering sign-on bonuses continue to rise The number of job advertisements listed in November worldwide continued to decline, according to GlobalData, who noted drops in key regions such as North America (3% decline), the Asia-Pacific (APAC) region (2%) and […]
All business stakeholders will benefit from stronger ESG policies, says GlobalData
The age-old view that addressing environmental, social and governance (ESG) issues will make a dent in profits is a myth, says GlobalData. The leading data and analytics company notes that businesses that embrace all three elements of ESG will actually outperform their peers. Cyrus Mewawalla, Head of Thematic Research at GlobalData, comments: “The reluctance of […]
The Nvidia-ARM deal is on its last legs and Softbank needs an exit strategy, says GlobalData
Following yesterday’s news (3 December) the FTC is suing to block Nvidia’s ARM acquisition; Members of the Thematic research Team at GlobalData offer their view: Dr Lil Read, Analyst at GlobalData, comments: “The Nvidia-ARM deal is on its last legs. The regulatory environment is much tougher now since Qualcomm has formed a consortium to invest […]
Gaming and NFT digital art will add value to restaurant brands post-pandemic, says GlobalData
Ramsey Baghdadi, Consumer Analyst at GlobalData, comments: “Foodservice took a dramatic hit during the pandemic – restaurants, for example, aren’t expected to surpass their 2019 value performance until at least 2023. Engagement with target consumer groups will be key to recovery, and engaging with consumers through emerging digital platforms is one way.” Examples of such […]
Canada snubs Boeing with fighter jet selection, says GlobalData
Following the news that Canada has selected Saab and Lockheed Martin as finalists in its Future Fighter Capability Project (FFCP) competition; William Davies, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Canada received three bids for the FFCP in 2020, but in a surprising twist has removed Boeing […]
Type 1 diabetes screening in a catch-22 situation as prevalence rises, says GlobalData
Increased screening and early treatment could be exactly what is needed to drive preventative and patient-specific care for type 1 diabetes (T1D), says GlobalData. However, the leading data and analytics company highlights the difficulties being faced in the implementation of T1D screening. On one side, key opinion leaders (KOLs) in the EU and US believe […]
Gas-fired thermal generation continues to dominate Nigeria’s power mix as renewables take a backseat, says GlobalData
Thermal power will continue to make up the majority of Nigeria’s power mix in the next decade, rising from an 82.9% share in 2020 to 84.1% by 2030, according to GlobalData. The leading data and analytics company notes that the country’s reliance on thermal power has meant renewable energy has taken a backseat, holding a […]
Methane emission reductions in oil & gas sector largely from divestments, says GlobalData
While some of the largest oil & gas producers have lowered their emissions in line with sustainability goals, GlobalData notes that a large portion of those reductions come from divestments. The leading data and analytics company forecasts global production will increase by 8% by 2026, and says that more needs to be done to ensure […]
8×8’s acquisition of Fuze the latest in communications tech M&A trend as businesses try to stay connected, says GloalData
Unified Communications-as-a-Service (UCaaS) vendor 8×8’s acquisition $250 million acquisition of its competitor Fuze is the latest in a flurry of M&A activity in the collaboration and customer contact market. Gary Barton, Principal Enterprise Technology and Services Analyst at GlobalData, a leading data and analytics company, offers his view: “The pandemic and the move to hybrid […]
T20 World Cup viewing figures provides promise for upcoming Indian Premier League tender, says GlobalData
Following the news that the men’s T20 World Cup reached a 167 million cumulative audience over four weeks, with India accumulating 112 billion minutes of viewership throughout the tournament; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “These viewing figures will reassure the Board of Cricket Control India […]
Visa’s fee hike to affect millions of UK consumers, says GlobalData
Millions of UK consumers are likely to be affected by Visa’s fee hike, which will see mega e-retailer Amazon ban Visa credit cards from January 19, 2022 as well as put pressure on small businesses’ profit margins, writes GlobalData. The leading data and analytics company notes that the pandemic has accelerated the UKs transition to […]
Another European ski season could be hanging in the balance, says GlobalData
Demand for ski trips in Europe is expected to take a hit this year due to rising COVID-19 cases, according to GlobalData, which notes that these destinations could see reduced footfall as early as December. The leading data and analytics company notes that December usually sees budding skiing travelers heading to Europe, which offsets the […]
EU Council’s agreement to redefine internet regulation is just in time for the metaverse, says GlobalData
Following the news that the EU Council has formally adopted both the draft Digital Services Act (DSA) and a Digital Markets Act (DMA), which will allow for better control over the spread of counterfeit goods, hate speech, cyber threats, disinformation and unfair digital services competition within member states; Emma Mohr-McClune, Technology Service Director at GlobalData, […]
Major League Baseball misses out on $1.78 billion ticket sales revenue in 2021 due to COVID-19 crowd restrictions, says GlobalData
Major League Baseball (MLB)* missed out on an estimated 28.23 million live fans in 2021 due to restricted seating, according to GlobalData, which notes this equates to a hefty sum of $1.78 billion missed revenues. The leading data and analytics company notes that crowd capacity restrictions, which were imposed on a regional basis, meant that […]
Flu testing still seeing disruption but benefiting from rising ‘multi-parameter’ diagnostics testing for both COVID-19 and flu, says GlobalData
Diagnostics that can test for both COVID-19 and flu have quickly replaced tests that indicate for flu alone, according to GlobalData. The leading data and analytics company notes that these ‘multi-parameter’ tests now comprise a global market worth $1.54bn. Chris Onderisin, Medical Devices Analyst at GlobalData, comments: “Multi-parameter tests with the ability to diagnose both […]
NFT mania is fueled by social media’s herd mentality, says GlobalData
Non-fungible tokens (NFT) topping Collins Dictionary’s ‘word of the year’ ranking demonstrates the buzz this new asset has gained in such a short space of time. GlobalData’s Social Media Analytics tool shows that mentions of the hashtag ‘#nft’ have increased by a massive 3,566% between January and October this year. Further, the leading data and […]
UAE’s beer and cider set to recover prompted by international tourism and a change to alcohol laws, says GlobalData
The volume of beer and cider sold in the UAE saw a crushing loss in 2020, according to GlobalData, which notes that it lost out by 15% year-on-year (YoY). However, the leading data and analytics company says that this is expected to recover in the long term due to both a push for tourism and […]
No-ABV beer and cider has potential to accentuate market opportunities in the Middle East, says GlobalData
No-alcohol beer and cider are set to make a splash on the Middle East scene, says GlobalData, as the region is seeking to boost tourism. The leading data and analytics company notes that these beverages have already seen a volume growth of 20.8% between 2017 and 2020, and this is anticipated to continue. Holly Inglis, […]
Platinum sponsorship termination could cost Essex County Cricket Club $0.64m a year, says GlobalData
Following the news that Essex County Cricket Club sponsor Seetec has terminated its partnership with the club due to accusations of racism; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “Considering Jahid Ahmed is the third player to make allegations, it is not surprising that Seetec has opted […]