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The industrial automation sector was not in a great place before COVID-19 struck, having been slowed by flat capital expenditure and declining industrial production, says GlobalData, a leading data and analytics company. The virus has since closed factory after factory worldwide with workers sent home. The reality is that despite much hype over the years, advanced […]
Telecom sector will shine in post Covid-19 era, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology/telecom industry in 2020. However, its effect is going to be short-term. In the post COVID-19 era, telcos are expected to perform well as the world will be more connected and businesses better prepared for such calamities, says GlobalData, a leading data […]
Coronavirus will have significant negative consequences for application software vendors, says GlobalData
The coronavirus (COVID-19) will put incredible strain on the world’s economy, which will be effectively halted for three months or more. The application software market will be at the mercy of the global economy. If China is a bellwether for the rest of the world, then economies will significantly slow for a quarter before a […]
Coronavirus creates positive outlook for some ecommerce companies, says GlobalData
The coronavirus (COVID-19) will put incredible strain on the world’s economy, which will be effectively halted for three months or more, and many companies will not survive this initial phase. However, COVID-19 will have a long-term positive effect on the ecommerce sector, with even skeptical consumers forced to abandon physical stores in response to restrictions […]
Positive impact of COVID-19 on gaming software sector will be short-lived, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. With instructions to stay indoors, gamers are turning to their consoles. However, the effect may be short-lived, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media & Telecom Trends 2020’, to […]
Component makers’ recovery from coronavirus is some way off, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Before COVID-19 hit, component makers were already suffering from waning global […]
Security software firms will earn their spurs keeping the home-working army cyber-safe, says GlobalData
The coronavirus (COVID-19) is by far the most significant issue to affect the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase, and almost all others will suffer significant drop in revenues, says […]
COVID-19 will put 2020 semiconductor sector recovery at risk but is no game-changer, says GlobalData
The semiconductor sector spent most of 2019 coming to terms with the uncertainty of a US-China trade war. It will now spend the rest of 2020 reasoning what the fallout from the coronavirus (COVID-19) means for global economic growth and subsequent demand for the semiconductors that power products such as smartphones and laptops. Even at […]
Coronavirus offers telcos’ time to shine, but represents significant operational challenges, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020, however, the telecom sector is reasonably insulated from the crisis as reliable connectivity becomes the critical commodity for home-working, home-schooling and local and national crisis management systems. As standard regulation and business practices give way to national emergency […]
Wearable tech is maturing, but is still out of the mainstream, says GlobalData
Wearable technology is an emerging sub-market in the Internet of Things (IoT) theme, but is yet to establish itself in the IoT mainstream due to limited interoperability and underdeveloped self-contained functionalities, according to GlobalData, a leading data and analytics company. GlobalData’s Wearable Tech – Thematic Research predicts that the market will grow at a compound […]