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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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Aviation industry needs to take real action towards environmental sustainability with 125 million passengers forecast to fly to and from UK airports by 2023

Following the news (Tuesday 4 February) that the UK’s aviation industry is promising to reduce its net carbon emissions to zero by 2050; Ben Cordwell, Associate Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the industry’s current issues: “The UK aviation industry’s target to reduce its net […]
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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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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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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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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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Organuary could be more sustainable than Veganuary

A survey by GlobalData has found that 25%* of global consumers would consider eating ‘vegan meat’ for environmental reasons, indicating that a growing number of people believe plant-based lifestyles to be better for the planet. This sets a misleading implication that meat consumption is harmful to our health and the environment, Organuary directly challenges this […]
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5G, digital brands and cryptocurrencies highlight 2020’s top consumer services trends

From the arrival of differentiated 5G to blockchain-based digital currency, leading data and analytics company GlobalData identifies the top trends in consumer services for 2020. Emma Mohr-McClune, Service Director at GlobalData, explains: “Last year, GlobalData successfully predicted the crisis in 5G B2C commercial use cases, a new class of direct-to-consumer (D2C) content plays and the emergence […]
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