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As the number of global coronavirus (COVID-19) cases continues to rise, governments around the world are taking unprecedented measures, to contain the spread and support their economies throughout the outbreak. These measures include billions worth of rescue packages, tax postponements, liquidity injections and interest rate cuts to new lows, says GlobalData, a leading data and analytics company. GlobalData’s […]
Tesla and Toyota rank top automotive companies after COVID-19 review, says GlobalData
A ranking of top vehicle manufacturing companies worldwide compiled by data and analytics company GlobalData shows that the impact of the coronavirus (COVID-19) crisis will be strongly adverse across the industry this year, with all major companies impacted. Of the automotive manufacturers listed, Tesla and Toyota will lead the 32-strong field. Published in GlobalData’s report, ‘Thematic […]
Coronavirus will have significant negative consequences for application software vendors, says GlobalData
The coronavirus (COVID-19) will put incredible strain on the world’s economy, which will be effectively halted for three months or more. The application software market will be at the mercy of the global economy. If China is a bellwether for the rest of the world, then economies will significantly slow for a quarter before a […]
Coronavirus creates positive outlook for some ecommerce companies, says GlobalData
The coronavirus (COVID-19) will put incredible strain on the world’s economy, which will be effectively halted for three months or more, and many companies will not survive this initial phase. However, COVID-19 will have a long-term positive effect on the ecommerce sector, with even skeptical consumers forced to abandon physical stores in response to restrictions […]
Positive impact of COVID-19 on gaming software sector will be short-lived, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. With instructions to stay indoors, gamers are turning to their consoles. However, the effect may be short-lived, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media & Telecom Trends 2020’, to […]
Current supply chain problems will not halt longer-term investment in IT infrastructure equipment, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. COVID-19 is a major factor behind cutbacks in spending on non-critical maintenance and construction projects at the world’s data centers, but it will not affect long-term infrastructure equipment spending, says GlobalData, a leading data and analytics company. GlobalData […]
Coronavirus may expose the cloud’s limits, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. The scale of the crisis has taken everyone by surprise and the economic fallout will have major implications for enterprise consumption of IT and cloud computing resources, says GlobalData, a leading data and analytics company. GlobalData published a […]
Component makers’ recovery from coronavirus is some way off, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Before COVID-19 hit, component makers were already suffering from waning global […]
Primark risks losing top spot in UK clothing market due to lack of transactional website, says GlobalData
Following today’s news (Monday 23 March) that Primark is set to lose £650m of net sales per month while its stores are closed: Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Primark’s lack of transactional website has placed it under additional pressure in the midst of the […]
Shutdowns to cost European auto industry £29bn, says GlobalData
After a period of sweeping announcements by European automakers that they are halting production at European plants for several weeks; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Analysis based on GlobalData’s latest European light vehicle production forecast suggest that in the six-week period from the beginning of […]
Security software firms will earn their spurs keeping the home-working army cyber-safe, says GlobalData
The coronavirus (COVID-19) is by far the most significant issue to affect the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase, and almost all others will suffer significant drop in revenues, says […]
COVID-19 will put 2020 semiconductor sector recovery at risk but is no game-changer, says GlobalData
The semiconductor sector spent most of 2019 coming to terms with the uncertainty of a US-China trade war. It will now spend the rest of 2020 reasoning what the fallout from the coronavirus (COVID-19) means for global economic growth and subsequent demand for the semiconductors that power products such as smartphones and laptops. Even at […]
COVID-19 will cause surge in viewing hours, particularly on AVOD and SVOD platforms, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020, and traditional TV will be disrupted heavily – with casualties including audience-based talk shows and live sport. Subscription video on demand (SVOD) streamers such as Netflix will not see huge profit surges because existing users pay a flat […]
Coronavirus offers telcos’ time to shine, but represents significant operational challenges, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020, however, the telecom sector is reasonably insulated from the crisis as reliable connectivity becomes the critical commodity for home-working, home-schooling and local and national crisis management systems. As standard regulation and business practices give way to national emergency […]
Apple falls from No. 4 to No. 14 in GlobalData’s consumer electronics thematic scorecard because of COVID-19
As the world enters lockdown, there will be many consequences for the tech, media and telecoms (TMT) industry. Some will fare relatively well in the short term, for example collaboration software vendors and cloud services providers. Others – particularly IT infrastructure companies – may bounce back after overcoming short-term supply chain issues. But some sectors […]
While all tech sectors will be negatively impacted by coronavirus, IT services will be hit hardest, says GlobalData
The coronavirus (COVID-19) will by far have the most impact on the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. It is effectively a stress test on companies’ ability to cope with extreme shocks. COVID-19 will test the financial robustness […]
Denmark’s fixed broadband coverage to reach 100% by 2020, says GlobalData
Denmark’s fixed broadband penetration of the population will reach 39% by 2024, supported by its National Broadband Strategy. The country is close to delivering its targets, with fixed broadband coverage approaching 100% of households – up from 92% in 2018, says GlobalData, a leading data and analytics company. Sergej Gavrilov, Telecoms Market Data and Intelligence […]
Netflix and YouTube HD resolution compromise is not enough, says GlobalData
Following a response to recent announcements in which both leading video streaming giants Netflix and Alphabet’s YouTube have agreed to reduce the streaming quality of their services in Europe over the COVID-19 crisis to reduce the risk network overload; Emma Mohr-McClune Tech Service Director at GlobalData, a leading data and analytics company, offers her view: […]
Brewdog and LVMH’s hand sanitizer moves provide much-needed unity between business and the public amid coronavirus panic, says GlobalData
Food and beverage companies are being forced to produce their own hand sanitizer amidst the current shortages caused by the coronavirus (COVID-19) so that they can keep their operations running and support their employees. This is a strong move from Brewdog as they are helping some of their staff stay employed during a time when […]
Global coronavirus crisis could alter data privacy, says GlobalData
Following the news that the US Government is in talks with tech companies such as Facebook and Google about how to use smartphone location data to combat the novel coronavirus (COVID-19); Lynnette Luna, Principal Analyst at GlobalData, a leading data and analytics company, offers her view: “Big tech companies have been under fire for their monetization […]