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China’s startup ecosystem, which produced several world-leading companies, has been in the news in the recent past about the impact of the government regulations on the big technology firms. However, despite the regulatory shakeups and the COVID-19 pandemic notwithstanding, China has emerged as a powerhouse for artificial intelligence (AI) unicorns, according to Thematic Research at […]
It’s raining tech unicorns in India with increasing digital adoption, says GlobalData
Following the news that online car selling platform CarDekho and digital payments company MobiKwik have joined the unicorn club in India; Swati Verma, Associate Project Manager of Thematic Research at GlobalData, offers her view: “India’s tech unicorn ecosystem is the third-largest in the world, behind only the US and China. Currently, the country boasts 48 […]
GlobalFoundries’ IPO will not soothe semiconductor shortage, says GlobalData
GlobalFoundries’ proposed initial public offering (IPO) will have little effect on solving the semiconductor shortage, says GlobalData, a leading data and analytics company. Dr Lil Read, Analyst in the Thematic team at GlobalData, comments: “This IPO is essentially GlobalFoundries crying to Wall Street for help. The semiconductor manufacturer has been put in a precarious financial […]
The US is home to 50% of tech unicorns with collective value of $1.3 trillion, says GlobalData
Unicorns – privately held startups worth over $1bn – first emerged in the US in the early 2000s, and the country continues to dominate the unicorn club. As of 31 August 2021, there were 751 tech unicorns globally, of which 379 are headquartered in the US – with a collective valuation of $1.3 trillion. Priya […]
Cyber subversion is the greatest cyber threat modern states face, says GlobalData
Cyber subversion – online propaganda and hacking that deliberately attempts to undermine the authority of political leaders – poses the greatest threat to state stability, according to GlobalData. The leading data and analytics company notes that, while it is not actively destructive, cyber subversion requires the least technological competence to implement and maintain, and is […]
Sky jumps on the smart TV bandwagon in a bid to compete with streaming giants Netflix & Disney, says GlobalData
Following Sky’s announcement of ‘Sky Glass’, a smart TV that will combine a state-of-the-art display with access to competitors’ streaming services; Francesca Gregory, Associate Analyst of Thematic Research at GlobalData, a leading data analytics company, offers her view: “Sky’s smart TV launch is a decisive move that reflects the decline of cable and satellite offerings […]
Half of today’s tech unicorns are operating in the ecommerce, cloud or fintech themes, says GlobalData
Half of the 751 tech-focused unicorns worldwide operate in just three themes, according to GlobalData. The leading data and analytics company identifies ecommerce, cloud and fintech as the core areas within which unicorns are operating. GlobalData’s latest thematic report, ‘Thematic Research: Tech unicorns- Top 10 Themes in 2021’, reveals that as of 31 August 2021, […]
Tech unicorns are no longer rare, with 2021 being a record year, says GlobalData
The term ‘unicorn’ brings the visage of a rare mythical creature to mind. However, tech unicorns – privately held tech start-ups valued at $1bn or more – are no longer as rare as this name suggests, says GlobalData. The leading data and analytics company notes that, Q2 2021 saw the rise of 128 new tech […]
Mining companies need to become leaders in ESG, says GlobalData
Metals and minerals will play an important role in the global transition to a greener future. Mining executives now have a choice: let environmental, social and governance (ESG) issues run them out of business or use it as an opportunity to become tomorrow’s leader, says GlobalData. The leading data and analytics company notes that companies […]
Japan to be one of the world’s smartest societies by 2030, says GlobalData
Japan’s technological prowess in areas such as 5G and robotics will allow the country to achieve its vision of a supersmart ‘Society 5.0’ by the end of this decade (2030), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Japan Tech – Thematic Research’, maps the competitive landscape of the Japanese technology […]
A Chinese ban would be disastrous for crypto, says GlobalData
Following today’s news that the People’s Bank of China has called crypto transactions illicit financial activities: George Monaghan, Analyst at GlobalData’s thematic team, a leading data and analytics company, offers his view: “China ruling crypto transactions illegal would be disastrous for the cryptocurrency sector. Being excluded from the world’s largest market is terrible for any […]
Amazon looks to localization to succeed in India, says GlobalData
Following the news that e-commerce giant Amazon plans to roll out Hindi language voice shopping experience feature in India: Swati Verma, Associate Project Manager of Thematic Research at GlobalData, offers her view: “India has emerged as a land of digital opportunities for foreign tech and media giants. Amazon, a leader in India’s e-commerce, video streaming, […]
Wikitude will reinforce Qualcomm’s lead in chips for the fast-growing augmented reality market, says GlobalData
Following the recent news that Qualcomm has acquired augmented reality (AR) firm Wikitude; Rupantar Guha, Associate Project Manager for the Thematic Team at GlobalData, a leading data and analytics company, offers his view: “The acquisition of Wikitude will reinforce Qualcomm’s leadership in the semiconductor segment of the AR market. Wikitude’s simultaneous localization and mapping (SLAM) […]
Even minor changes to the Apple Watch and AirPods will be enough to maintain Apple’s dominance in wearables, says GlobalData
Before the ‘California Streaming’ event on 14 September 2021 where Apple will launch several new products; Rupantar Guha, associate project manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “It won’t matter if Apple only makes minor redesigns to its wearable products, as the company’s strong brand and customer […]
Facebook is testing the water with its first-generation smart glasses, says GlobalData
In anticipation of Facebook and Luxottica’s jointly developed smart glasses announcement; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Facebook’s first-generation smart glasses are a cautious move to test the waters before rivals such as Apple enter the market. While Facebook’s product will likely […]
Paidy will allow PayPal to dominate APAC fintech space, says GlobalData
Following the news that PayPal Holdings has agreed to acquire Paidy, a Japan-based two-sided payments platform and provider of buy now, pay later solutions, for approximately US$2.7bn: Snigdha Parida, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers her view: “Paidy’s acquisition by PayPal will be the second largest mergers […]
Bitcoin daily flash crash of 18% in the mid of El Salvador issues may be uncorrelated, says GlobalData
Following the news that El Salvador has officially accepted Bitcoin as a legal tender to join the US dollar as an official currency, and the cryptocurrency market has seen an overwhelming loss of $400bn in market value: Sultan Ahmed, Analyst at GlobalData, a leading data and analytics company, offers his view: “The ~18% flash crash […]
AR to see 22-fold revenue growth by 2030 while AR-based devices set to one day replace the smartphone, says GlobalData
There is no doubt that augmented reality (AR) has become a popular tool for entertainment – whether its helping gamers see their favorite Pokémon wandering around their local neighbourhood or having a good laugh seeing yourself sporting dog ears using facial recognition software. However, AR is expected to take the reins and go from these […]
Augmented reality will be game-changer in Indian edtech, says GlobalData
Augmented reality (AR) is revolutionizing educational technology (edtech) in India and beyond. As a result, traditional approaches to teaching in critical science, technology, engineering, and mathematics (STEM) subjects will be transformed by AR, says GlobalData, a leading data and analytics company. In GlobalData’s Emerging Technology Sentiment Analysis, Q2 2021 – Thematic Research*, AR was perceived […]
Metaverse: GlobalData urges developers of the metaverse to factor in data privacy from the beginning
Many tech giants have put their hat in the ring and invested billions into developing the metaverse, a virtual world where users share experiences and interact in real-time within simulated scenarios. As more and more applications are found for this technology, there will be a profound risk to users’ personal data: biometrics, location, audio, visual […]