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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 […]
Global sepsis market set to reach $7.5 billion by 2030 with the launch of new first-in-class products, says GlobalData
The sepsis and septic shock market is expected to experience significant growth from $3.48 billion in 2020 to $7.5 billion by 2030 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 8%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Sepsis: Global Drug Forecast and Market […]
Zoom needs to redefine its place in the future of work, says GlobalData
Following the news that Zoom reported better-than-expected Q3 FY2022 earnings; Laura Petrone, Principal Analyst in the Thematic Research team at GlobalData, a leading data and analytics company, offers her view: “Zoom finds itself at a critical point. Its video conferencing tools will play a vital role in the hybrid working model that will dominate the […]
VC firms put in $286.6 billion in US-based start-ups during January to October 2021, finds GlobalData
US-based startups received a grand total of $286.6 billion from venture capital (VC) investors between January and October 2021, according to GlobalData. The leading data and analytics company notes that this makes the US one of the most lucrative countries, in terms of VC funding, globally. The figure was amassed as part of 10,908 VC […]
Visa ban could contribute to strong adoption of Amazon credit cards, says GlobalData
Following the news that, from 19 January 2022, Amazon will not accept payments from UK-issued Visa credit cards; Chris Dinga, Payments Analyst at GlobalData, a leading data and analytics company, offers his view: “Visa holds the second largest credit cards market share in the UK, with close to 20 million cards issued in 2021 – […]
Space debris could be the undoing of the emerging low Earth orbit satellite market, says GlobalData
Over half of Earth’s active satellites have been launched in the last two years, according to GlobalData, as companies scramble to establish their own low Earth orbit (LEO) constellations. The leading data and analytics company notes that space debris regulation has not been updated fast enough for this onslaught, and the slow response could cause […]
IBM shows progress but full-scale, fault-tolerant quantum computing still at least 30 years away, says GlobalData
Following the news that IBM has claimed to make a big advancement in quantum computing; Mike Orme, Consultant on the Thematic research team at GlobalData, comments: “While IBM’s 127-bit quantum processor represents marked progress, full-scale, fault-tolerant quantum computing may be 30 years away – or even more – simply due to the fiendishly difficult physics and […]
NFT’s massive rise in discussions and sentiment in 2021 showcases growing fascination, says GlobalData
Non-fungible tokens* (NFTs) have been turning heads in the world of business, according to GlobalData. The leading data and analytics company’s Filing Analytics platform saw a massive 20x jump in mentions of the keyword ‘NFT’ in company filings in 2021, compared to 2020. This was coupled with a rise in sentiment of 13%. Rinaldo Pereira, […]
Telemedicine will not fully replace in-person consultations, says GlobalData
Moving towards digitalization in healthcare was on many governments’ agendas prior to the COVID-19 pandemic, but issues with the legislative landscape, reimbursement, and acceptance prevented telehealth from being fully integrated into healthcare systems, says GlobalData. The leading data and analytics company notes that, while telemedicine showcased its potential to become an essential element of modern […]
Crypto.com $700 million sponsorship deal with Lakers is a ‘coming of age’ for the sector, says GlobalData
Following today’s news (Wednesday, November 17) that Crypto.com has taken on the title sponsorship of the iconic Staples Center in Los Angeles; Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view: “The rate and size of cryptocurrency partnerships in the sport sector is simply impressive. Crypto firms […]
Latvia raises defense budget to $1.2 billion by 2026 to counter perceived Russian threat, says GlobalData
Latvia is increasing its defense budget – likely reaching $1.2 billion by 2026 – with the intention of using the extra cash to make acquisitions to deter perceived threats from Russia, according to GlobalData. The leading data and analytics company notes that, while Latvia is one of the few North Atlantic Treaty Organization (NATO) countries […]
Slovenia could become the adventure tourism capital of Europe, says GlobalData
Inspired by its recent international tourism campaign focusing on adventure tourism, Slovenia is expected to see inbound tourism rise to 5.7 million arrivals by 2024, a 22% increase on pre-pandemic levels, according to GlobalData. The leading data and analytics company notes that ‘adventure and sport’ is the fifth most popular holiday type, and has particular […]
Baidu finds strength in AI and autonomous vehicles but must not follow China’s lack of focus in ESG, says GlobalData
Following Baidu’s Q3 2021 earnings announcement; Emilio Campa, Analyst in the Thematic Team at GlobalData, a leading data and analytics company, offers her view: “Baidu is a strong player in both artificial intelligence (AI) and autonomous vehicles themes – scoring five and five, respectively, in GlobalData’s automotive thematic scorecard. Further, these themes are integral to […]
Partnership between Meta And Microsoft nourishes the emerging movement towards integration says GlobalData
Meta (formerly Facebook) and Microsoft announced a partnership to integrate Workplace and Teams, their respective team collaboration platforms. Beginning immediately, access to Workplace content will be available within Teams. In December, Microsoft Teams will be available on the Meta Portal (Facebook Portal) device, allowing video calling in Teams. In early 2022, Teams video meetings will […]
Bezos-backed Rivian’s meteoric rise represents a fundamental change in the valuation of automotive stocks, says GlobalData
Investment banks and retail investors both understand that electric vehicles (EVs) are the future of the automotive industry The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those that invest based on traditional financial performance metrics Jeff Bezos, a shareholder in […]
Edtech is revolutionizing education, says GlobalData
Education technology – or ‘edtech’ – is set to revolutionize education worldwide, says GlobalData. The leading data and analytics company notes that global edtech is now one of the fastest-growing areas, with revenues expected to reach $538.5bn by 2030. This 14%* compound annual growth rate (CAGR) has been kickstarted by the COVID-19 pandemic, which demanded […]
Nvidia should consider its future beyond Arm, says GlobalData
Following the news that the Competition and Markets Authority (CMA) will carry out further investigation into NVIDIA’s takeover of Arm; David Bicknell, Principal Analyst, and Dr Lil Read, Analyst, on the Thematic Research Team at GlobalData, a leading data and analytics company, offer their view: “This latest government probe is another nail in the coffin […]
Toyota planned production uptick encouraging, says GlobalData
Following the news that Toyota is planning to make 800,000 vehicles globally in December, partially recovering recent months’ lost production due to the parts supply crisis; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view; “After months of forced cutbacks to production due to parts supply disruption, December’s Toyota […]
Western weaknesses in lithium-ion supply chains will slow electric vehicle adoption and demonstrate China’s dominance of the EV market, says GlobalData
Electric vehicle (EV) production is set to skyrocket to 12.76 million cars produced each year by 2026, with over half coming from China. China dominates the lithium-Ion battery supply chain, specifically in terms of battery cells, cathode and anode production, and chemical refining With lithium prices set to rise throughout the next decade, the EV […]
Continental Resources’ Delaware asset acquisition sees production forecasts reaching 390,000boed in 2022, says GlobalData
Continental Resources’ decision to acquire Pioneer Natural Resources’ Delaware Basin assets will raise the company’s production by around 58,000 barrels of oil equivalent a day (boed) to reach 390,000 in 2022, according to GlobalData, which notes that this is in comparison to the prediction of 335,000boed the company was expected to produce if the acquisition […]