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GlobalData
GlobalData

Strategic Intelligence

Cybersecurity spending in the energy industry will rise to $10 billion by 2025 as digitalization brings risks as well as rewards, says GlobalData

The rapid digitalization of the oil and gas industry has made the industry increasingly vulnerable to cyberattacks, says GlobalData. The leading data and analytics company notes that companies must now fortify their cybersecurity posture in line with their digitalization strategy or risk financial and reputational harm. GlobalData’s latest report, ‘Cybersecurity in Oil and Gas – […]
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The race to protect the world’s most sensitive data from the quantum threat is at a critical point, says GlobalData

Following the news that the US National Institute of Standards and Technology (NIST) has identified four algorithms that will form part of the post-quantum cryptographic standard; Robert Penman, Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “It’s early days in the development of meaningful applications for quantum computing, but the […]
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Cybersecurity revenues in foodservice sector set to reach $2.1 billion in 2025 as companies digitally transform their operations, says GlobalData

The increased threat and complexity of cyberattacks, combined with tightening legislation to protect consumers’ rights, are driving cybersecurity spending in the foodservice sector, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Cybersecurity in Foodservice – Thematic Research’, reveals that global cybersecurity revenues in foodservice will grow from $1.2 billion in 2020 to […]
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China to lead fourth industrial revolution by 2035, despite mounting demographic, social, and economic challenges at home, says GlobalData

After the US brought us the third industrial revolution—termed ‘The Digital Revolution’—GlobalData notes that China is now looking to lead the fourth—’The Cyber-Physical, AI-Powered Internet of Everything (AIoT) Revolution’. For want of a better name, this movement will not only see a blur of boundaries between the physical and digital worlds, but also a fragmentation […]
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Big Tech’s handling of user data will be critical in a post-Roe world, says GlobalData

Following the US Supreme Court’s decision overturning the constitutional right to abortion, data privacy advocates and pro-abortion groups are raising concerns about tech companies sharing user data with law enforcement agencies in states where abortion is illegal; Laura Petrone, Principal Analyst in the Thematic team at GlobalData, a leading data and analytics company, shares her […]
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Cybersecurity revenues in the consumer goods sector will grow to $6.5 billion by 2025 due to accelerating digitalization, says GlobalData

Accelerating digitalization, growing online purchases of consumer goods, and the normalization of remote working are all key contributors to the growing demand among consumer goods companies for cybersecurity products and services, found GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Cybersecurity in Consumer Goods – Thematic Research’, reveals that consumer goods companies have had […]
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180,000 bugs in every fully autonomous vehicle are like an open door to cyber criminals, says GlobalData

Many autonomous vehicles are not fully protected against cyberattacks, with GlobalData, a leading data and analytics company, estimating that there may be up to 180,000 bugs in the code operating a level 5 autonomous vehicle*— potentially leaving hackers with 15,000 security vulnerabilities to choose from. GlobalData’s latest report, ‘Cybersecurity in Automotive – Thematic Research’, stresses […]
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Netflix enters survival mode as it attempts to reconcile content spend with dwindling subscribers, says GlobalData

Following the news that Netflix laid off a further 300 employees in a second round of job cuts; Francesca Gregory, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “Like many of its increasingly cash-strapped customers, Netflix is tightening its belt. In its latest earnings call, Netflix stoked investors’ concerns when […]
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Binance looks ready to weather the crypto winter whilst some other crypto companies will be left in the cold, says GlobalData

Following the news that Coinbase, Gemini, Cypto.com and BlockFi are laying off staff whereas Binance will continue to hire; Dr Lil Read, Senior Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “We’re plummeting into a cold crypto winter, and we haven’t hit the freezing point yet. Rumours and fears are […]
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Apple Pay Later raises new concerns over the lack of regulation of buy now, pay later services, says GlobalData

Following the announcement that Apple will be joining the buy now, pay later (BNPL) market with Apple Pay Later; Beyza Karakoy, Associate Analyst at GlobalData, a leading data and analytics company, comments: “Apple’s intention to expand its payments capabilities by exploring new financial products is indicative of the growing opportunities offered by fintech. The COVID-19 […]
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