GlobalData
GlobalData

Press Release

Demand for hybrid cloud solutions drives 22.4% CAGR increase in Latin America’s cloud computing services market from 2019 to 2023

The Latin American cloud computing services market will expand at a 22.4% compound annual growth rate (CAGR) from 2019 to 2023, driven by the increasing demand for hybrid cloud solutions in the infrastructure as a service (IaaS) and software as a service (SaaS) segments, according to GlobalData, a leading data and analytics company. The company’s […]
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Computer vision will be worth $28bn by 2030

Computer vision (CV) will find myriad applications in several industries and reach an estimated market size of $28bn by 2030, up from $3.5bn in 2019, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Computer Vision – Thematic Research’, states that the explosion in the volume of visual data, coupled with the increased […]
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Telecom’s cloud exodus is on the horizon

Following the emergence of the cloud-native 5G technology in telecom, cloud has been amongst the top themes/topics of discussion in the telecom sector in 2019, according to GlobalData’s Company Filing Analytics platform. According to the platform, which leverages machine learning (ML) and natural language processing (NLP) techniques to identify and track major themes impacting various […]
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Bank of America Merrill Lynch leads GlobalData’s top 10 global M&A financial advisers league table in South and Central America

Bank of America Merrill Lynch has dominated the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers in South and Central America based on deal value in 2019, according to GlobalData, a leading data and analytics company. The US investment bank advised on 15 deals worth US$32.4bn. According to GlobalData, which […]
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Facebook leads Twitter mentions in December 2019

Ranging from Facebook to Snap, leading data and analytics company GlobalData lists the top five companies discussed in disruptive technology in December 2019, based on data from the company’s Influencer Platform. 1. Facebook – 1,235 mentions Facebook is a social networking, advertising and business insight platform. The company’s major products include Facebook, Instagram, Messenger and […]
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AR is set to succeed VR as leader in the healthcare space owing to diminishing costs and increasing capabilities

Virtual reality (VR) and augmented reality (AR) technologies have been traditionally associated with the entertainment industry, with virtual and immersive environments used for gamers, product designers, and architects. However, increasing healthcare expenditure and the need for cutting-edge technologies to aid the development of novel therapies and diagnostics have fuelled the need for this technology in […]
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One fifth of UK retail spend set to be online by 2024

As shoppers continue to shift away from visiting physical stores and gravitate towards the convenience of shopping via digital channels, UK online spend is set to reach £75bn by 2024, rising 30.4% over the next five years, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘UK Online Retailing 2019-2024’, reveals that the online […]
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North America continues to dominate the venture capital funding activity despite decline in volume and value in Q4 2019

North America experienced a dip in venture capital (VC) investments; however, the region continued to attract the highest number of investments and funding during the fourth quarter (Q4) of 2019, according to GlobalData, a leading data and analytics company. The region experienced a decline in VC investments from 2,700 deals worth US$29.9bn in Q4 2018 to 2,237 […]
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Capital expenditure by mega cap pharma companies has rapidly increased with investments in biologic API production

Capital expenditure (CapEx) compound annual growth rate (CAGR) of public pharma companies increased by 4.7% between 2014 and 2018, with mega or large cap collectively accounting for approximately 75% of the total 2018 CapEx spending despite accounting for less than 5% of the companies analyzed. Moreover, five mega cap bio/pharma companies accounted for 27% of […]
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Destination and resort spa visitation grew at a CAGR of 8.5% in Kenya between 2015 and 2019

Spa tourism in Kenya has been excelling at a swift rate. From 2015 to 2019, spa visitation grew at a compound annual growth rate (CAGR) of 8.5%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Destination Market Insights: East Africa’, reveals that wellness tourism is becoming an important sub-sector for Kenya and […]
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Europe’s auto industry faces a tough 2020

Following the new and tighter EU CO2 emissions rules for cars sold in Europe coming into effect in 2020; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “For the industry in Europe, 2020 will be another hugely competitive year with the added complication for the carmakers of factoring […]
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