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Several COVID-19 outbreaks across the US since mid-June have been traced back to bars and nightclubs as the source of contagion. This coincides with a growing amount of evidence worldwide suggesting that indoor activities in areas with poor air circulation increases the risk for contracting COVID-19 – including preliminary results from a study in China […]
Microsoft’s acquisition of Zenimax is another step towards its domination of the games console market, says GlobalData
Following the news that Microsoft has acquired Zenimax for $7.5bn; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Microsoft’s $7.5bn Zenimax acquisition demonstrates how the company wants to dominate the games console market, which will be worth $60bn by 2025, according to GlobalData forecasts. […]
Apple’s ‘Time Flies’ event will reinforce its dominance in the smartwatches theme that will be worth $64bn by 2030
Apple’s ‘Time Flies’ event is shortly expected to unveil a new Apple Watch, along with a cheaper entry-level device, which should ensure the company maintains its dominance ahead of the competition, says GlobalData, a leading data and analytics company. Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, comments: “Apple had a 60% share […]
Nvidia’s Arm deal will shake up the semiconductor sector, says GlobalData
Following the news that Nvidia is to buy UK chipmaker Arm for $40bn,Snigdha Parida, Thematic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “The combination of Nvidia’s artificial intelligence (AI) and autonomous driving chips and Arm’s mobile-friendly CPU ecosystem will shake up the semiconductor sector. “Nvidia will control the world’s […]
Smart glasses will be a $2bn market by 2030, says GlobalData
The global smart glasses market is expected to take off by 2030, with forecasts estimating the market will be worth $2.3bn. The market will expand at a compound annual growth rate (CAGR) of 18% over the next 11 years, having generated $374m in 2019, according to GlobalData, a leading data and analytics company. The majority […]
India’s ban on PUBG Mobile will be trouble for Tencent but opportunity for Sea and Activision Blizzard, says GlobalData
Following the news that India has banned 38 Chinese mobile games, including the massively popular PUBG Mobile game; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “The ban of PUBG Mobile is a significant blow to the Chinese gaming companies. Tencent, the publisher of […]
Amazon’s FAA designation a win but company still has hurdles to jump until drone delivery a reality, says GlobalData
The FAA’s designation of Amazon Prime Air as an ‘air carrier’ is the latest development in the company’s seven-year drones saga. It paves the way for the company to start drone deliveries within the US and is a major step towards Amazon’s dream of using drones to deliver to customers within 30 minutes of an […]
Ant Group’s dual IPO success may lure more Chinese companies for domestic filing, says GlobalData
Following the news that Ant Financial Services Group (Ant Group) plans to raise US$30bn through IPOs on Shanghai’s STAR Market and Hong Kong Stock Exchange; Swati Verma, Senior Analyst of Thematic Research at GlobalData, a leading data and analytics company, offers her view. “Fintech company Ant Group, which runs Ant Financial, will achieve the largest […]
Most US employees see themselves working with technology, rather than being replaced by it, according to a recent survey on the future of work by GlobalData
· Technology will support US workers rather than replace them as respondents say only part of their job can be performed by machines. · 79% of US workers say technology will change the way they do their job over the next three years. · 37% of respondents think AI will impact their job over the […]
80% of executives say cybersecurity and cloud computing have been key in helping their businesses survive COVID-19, according to latest research from GlobalData
‘- GlobalData’s 2020 Emerging Technology Trends survey of more than 1,700 senior executives reveals the technologies that are helping companies survive COVID-19 – Eight technologies have played a major role in keeping businesses afloat during the pandemic including 5G, artificial intelligence and augmented reality – No single technology stood out, but more than 80% of […]
Geopolitical tensions make domestic IPOs more attractive for Chinese TMT companies, says GlobalData
Chinese and Hong Kong stock exchanges escaped COVID-19 largely unscathed JD.com and NetEase have turned back home for secondary listings GlobalData anticipates several more secondary listings next six months The increasingly volatile relations between the world’s two largest economies—China and the US—are forcing several Technology, Media, and Telecoms (TMT) companies across the Asia, especially in […]
COVID-19 depressed TMT M&A deals activity by 40% in H1 2020
COVID-19 was responsible for a 40% drop in the number of mergers and acquisitions (M&As) announced in the technology, media, and telecom (TMT) sector in the first six months of 2020, says GlobalData, a leading data and analytics company. The company’s latest Thematic Research report, ‘M&A in TMT – Review of H1 2020’, reveals that […]
Alibaba’s smart speaker investment cements its leadership position in China’s ecommerce market, says GlobalData
Following news that Chinese e-commerce giant Alibaba plans to invest US$1.4bn to develop an artificial intelligence (AI) and Internet of Things (IoT) ecosystem that supports its smart speaker, the Tmall Genie; Oliver Lockett, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “Alibaba’s investment in its smart speaker technology will help […]
COVID-19 to accelerate change the way Indian IT services firms work, says GlobalData
Following the news that hiring by the top-five Indian IT services companies dropped by 28% in FY20; Swati Verma Lead Analyst – Thematic Research at GlobalData, a leading data and analytics company, offers her view: “Hiring by Indian IT services firms will continue to decline as COVID-19 forces them to change the way they operate. […]
COVID-19 will make 2020 a tough year for application software companies, says GlobalData
Application software companies will have a tough 2020 as the COVID-19 pandemic slows the licensing of software products, says GlobalData, a leading data and analytics company. The company’s latest report, COVID-19 Impact on Application Software, reveals that the continued fallout from the pandemic will undermine companies’ and industries’ propensity to buy, delay product launches, and […]
Commitment to green policies is crucial for long-term COVID-19 recovery, says GlobalData
Following the news that New Zealand’s Climate Change Minister has reiterated the country’s commitment to green policies; Ella Benson Easton, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view on COVID-19 recovery: “COVID-19 has had a dramatic influence on the global economy, sparking fears that the world is set for an unprecedented […]
China’s Covid-19 management and citizen surveillance may deter foreign investment, says GlobalData
Following the news that China has rolled out software surveillance to monitor quarantined people and track the spread of the coronavirus (Covid-19); Stuart Ravens, Chief Analyst at GlobalData, a leading data and analytics company, offers his views on the increasing complexity of doing business in China post-Covid-19: “In the aftermath of Covid-19, most companies’ main […]
Sustainability must be part of India’s Covid-19 recovery strategy, says GlobalData
Several companies across India are taking aggressive measures to cut down costs and protect their bottom lines in the wake of coronavirus (Covid-19) pandemic. However, if companies forget their social obligations there could be a significant backlash, because unlike other downturns, Covid-19 is predominantly a human tragedy, says GlobalData, a leading data and analytics company. […]
Falling ad revenue to hurt TV broadcasting
COVID-19 has been having a devastating impact on the TV broadcasting industry as firms have been reluctant to spend on ads, says GlobalData, a leading data and analytics company. Danyaal Rashid, Thematic Analyst at GlobalData, comments: “COVID-19 has led to significant cuts in TV ad spending, affecting those broadcasters that rely on ad revenue to […]
Slack and Zoom become essential business tools during COVID-19 crisis, says GlobalData
The unprecedented numbers of employees now working from home as a result of the COVID-19 pandemic has caused a 20 times increase in Zoom meetings since January 2020, demonstrating how collaboration software is now a crucial tool for business, says GlobalData, a leading data and analytics company. The coronavirus crisis has propelled collaboration software companies, […]