Sarath.Chandra@globaldata.com

Business Fundamentals

S&P 500 index loses over $4.4 trillion in one year to January 2023, finds GlobalData

The aggregate market cap of the Standard and Poor’s 500 (S&P 500) index companies declined 10.9% from $40.7 trillion to $36.3 trillion between 31 January 2022 and 31 January 2023. Communication services sector registered the most market loss over the period, followed by consumer discretionary* and information technology, according to GlobalData, a leading data and […]

Strategic Intelligence

Technology, media, and telecom M&A deals value nosedives by third YoY in 2022, reveals GlobalData

The total mergers and acquisitions (M&A) deals value in the global technology, media, and telecom (TMT) sector during 2022 saw a year-on-year (YoY) nosedive by 33% from $1,261 billion in 2021 to $841 billion in 2022, according to GlobalData, a leading data and analytics company. An analysis by the leading data and analytics company reveals […]

Technology

European telecom consolidation long overdue but faces significant challenges, says GlobalData

The consolidation of the European telecom companies has been a topic of discussion for many years, and while there are potential benefits to such consolidation, there are also several significant challenges that must be overcome, says GlobalData, a leading data and analytics company Robert Pritchard, Senior Analyst at GlobalData, says: “Investors, carrier management, and the […]

Strategic Intelligence

Companies must learn lessons from Royal Mail ransomware attack, says GlobalData

Following the leak of details of ransom negotiations between Royal Mail and ransomware group LockBit: David Bicknell, Principal Analyst in the Thematic Intelligence team at GlobalData, offers his view: “It is rare for the details of ransomware negotiations to find their way into the public domain. Those responsible for company cyber breach plans must learn […]

Medical Devices

Transcarotid artery revascularization set to overtake endarterectomy procedures, says GlobalData

Transcarotid artery revascularization (TCAR) allows for better outcomes in patients with high-risk factors, such as advanced age, previous neck surgery, or radiation therapy. Additionally, it has been shown to have long-term effectiveness in preventing stroke. As a result, the minimally invasive TCAR technique is set to overtake the traditional carotid endarterectomy procedures, according to GlobalData, […]

Business Fundamentals

Industries on cusp of major transformation as ChatGPT opens new doors, says GlobalData

Ever since OpenAI has launched Chat Generative Pre-Trained Transformer (GPT), it has emerged as a trending discussion among the companies across the industries. ChatGPT, which can be useful for a variety of applications such as chatbots, virtual assistants, customer service, and content creation, may offer a competitive advantage in industries where language understanding is critical, […]

Business Fundamentals

GlobalData sees companies posting jobs around OpenAI/ChatGPT

Conversational artificial intelligence (AI) is a rapidly growing field, and the demand for skilled professionals with expertise in natural language processing (NLP), machine learning, and related technologies is on the rise. As more companies adopt chatbots and other conversational interfaces to improve their customer service and operational efficiency, the need for talented individuals to develop, […]

Retail

Louis Vuitton bets on star power and streetwear with Pharrell Williams as new menswear creative director, says GlobalData

Following the news that luxury fashion house Louis Vuitton has appointed musician and entrepreneur Pharrell Williams as new menswear creative director; Louise Deglise-Favre, Apparel Analyst at GlobalData, offers her view: “Music-producer Pharrell Williams has been announced as the successor to the late Virgil Abloh as Louis Vuitton’s menswear creative director to mixed responses. While Williams […]

Disruptor

Enterprise blockchain offers operational transparency and security, says GlobalData

As the hype around cryptocurrencies subsides, enterprises are increasingly investigating blockchain use cases to infuse into their operations and processes. With adequate implementation and controls in place, enterprise blockchain can catalyze and bring operational efficiency, security, and transparency across business processes in various industries, says GlobalData, a leading data and analytics company. Kiran Raj, Practice […]

Medical Devices

Global reproductive health devices market set to reach $3.7 billion in 2030, forecasts GlobalData

A growing number of medical indications related to women’s health are being detected, treated, and even cured more promptly than ever before. This is in part due events like Sexual and Reproductive Health Awareness Week in Canada between February 14 to 18. Against this backdrop, the global market for reproductive health devices has historically grown […]

Aerospace, Defense & Security

UAE cumulative defense investment to surpass $129 billion during 2024-28, forecasts GlobalData

The UAE is the second largest investor in defense sector after Saudi Arabia in the Middle Eastern region with a total budget of $23.2 billion in 2023. The total forecasted investment of $129.3 billion over the period 2024-28 reflects the UAE’s plans to equip itself with advanced arms and equipment, primarily to deter Iran from […]

Business Fundamentals

Growth, expansion and late-stage VC funding rounds down by 26.8% in 2022, reveals GlobalData

As market conditions remained volatile, capital raising across most of the venture capital (VC) funding rounds took a hit in 2022 compared to the previous year. However, the decline was more prominent (26.8%) in growth, expansion and late-stage VC funding rounds (Series B onwards), finds GlobalData, a leading data and analytics company. An analysis of […]

Business Fundamentals

GlobalData pares back US economy growth to 0.3% in 2023

High inflation levels far above the Fed Reserve’s target of 2% and the consequent tightening of monetary policy, which has been hiked eight times during January 2022 to February 2023, will continue to dampen the household spending and investments in the US, which will negatively impact the economic growth prospects. As a result, the real […]

Medical Devices

Artificial intelligence to bring new era of patient care in India, says GlobalData

In the Union Budget 2023-24, the Indian government announced to establish three artificial intelligence (AI) centers of excellence as part of “Make AI for India” and “Make AI work for India” initiatives. This is likely to bring in a new era of breakthrough in patient care by powering a new generation of systems that provide […]

Medical Devices

Diagnostic imaging to drive image visualization solutions market in Japan, says GlobalData

Clinical images assist physicians in routine clinical practice. However, there is an increasing need for a single software/platform, which is compatible with multiple modalities such as CT, and MRI available through different vendors. Against this backdrop, Japan’s Canon Medical Systems Corp. received additional US FDA 510(k) approval for Vitrea Software Package, a vendor-agnostic multi-modality image […]

Technology

Mobile service revenue in Vietnam to increase at 5.7% CAGR over 2022-2027, forecasts GlobalData

Vietnam’s mobile service revenue is poised to increase at a compound annual growth rate (CAGR) of 5.7% from $4.3 billion in 2022 to $5.6 billion in 2027, mainly driven by the mobile data segment, which will be supported by the growing availability and adoption of 4G services and the evolution of 5G services, according to […]

Disruptor

Artificial intelligence facilitates low-cost drug repurposing, says GlobalData

The contemporary drug repurposing techniques using advanced artificial intelligence (AI) are gaining traction in the pharmaceutical industry to not only minimize the cost and time but also to bring down the risk in the process of retargeting drugs for viral and other rare diseases, says GlobalData, a leading data and analytics company. Kiran Raj, Practice […]

Power, Uncategorised

Offshore wind key to achieve US climate goals, says GlobalData

A combination of factors such as complex regulations, lack of consistent and substantial federal support and high costs have hindered the growth of offshore wind in the US. However, offshore wind has several advantages over other forms of renewable energy, which makes it a valuable addition to the energy mix, especially as the US looks […]

Business Fundamentals

US cybersecurity space posted jobs index up by 36% YoY in December 2022, finds GlobalData

2022 was a tough year with companies across several industries revisiting their hiring strategies and technology industry was also not an exception. Hiring activity in cybersecurity space in the US also took a hit in 2022 but remained relatively better compared to the overall technology industry. In fact, there was a solid come back witnessed […]

Business Fundamentals

Strategy discussions in banking & payments, technology industries up by 9% and 6% in 2022, reveals GlobalData

Strategy discussions by companies reflect the rapidly changing business landscape and the need to stay ahead of the curve and be prepared to adapt to new challenges and opportunities. Against this backdrop, the strategic discussions were highest for banking & payments companies followed by technology industry. Meanwhile, banking & payments and technology industries witnessed 9% […]

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S&P 500 index loses over $4.4 trillion in one year to January 2023, finds GlobalData

Technology, media, and telecom M&A deals value nosedives by third YoY in 2022, reveals GlobalData

European telecom consolidation long overdue but faces significant challenges, says GlobalData

Companies must learn lessons from Royal Mail ransomware attack, says GlobalData

Transcarotid artery revascularization set to overtake endarterectomy procedures, says GlobalData

Industries on cusp of major transformation as ChatGPT opens new doors, says GlobalData

GlobalData sees companies posting jobs around OpenAI/ChatGPT

Louis Vuitton bets on star power and streetwear with Pharrell Williams as new menswear creative director, says GlobalData

Enterprise blockchain offers operational transparency and security, says GlobalData

Global reproductive health devices market set to reach $3.7 billion in 2030, forecasts GlobalData

UAE cumulative defense investment to surpass $129 billion during 2024-28, forecasts GlobalData

Growth, expansion and late-stage VC funding rounds down by 26.8% in 2022, reveals GlobalData

GlobalData pares back US economy growth to 0.3% in 2023

Artificial intelligence to bring new era of patient care in India, says GlobalData

Diagnostic imaging to drive image visualization solutions market in Japan, says GlobalData

Mobile service revenue in Vietnam to increase at 5.7% CAGR over 2022-2027, forecasts GlobalData

Artificial intelligence facilitates low-cost drug repurposing, says GlobalData

Offshore wind key to achieve US climate goals, says GlobalData

US cybersecurity space posted jobs index up by 36% YoY in December 2022, finds GlobalData

Strategy discussions in banking & payments, technology industries up by 9% and 6% in 2022, reveals GlobalData

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