Strategic Intelligence

Global automated home spending will surpass $200 billion in 2028, forecasts GlobalData

The automated home market is rapidly evolving, with consumers increasingly adopting devices that enhance security, energy efficiency, and convenience. Against this backdrop, the global spending on automated home devices is set to grow at a compound annual growth rate (CAGR) of 11% from $119.5 billion in 2023 to $200.8 billion in 2028, forecasts GlobalData, a […]

Trump 2.0 is shaking up the world

Join GlobalData’s webinar to explore the impact of disruptive shifts in geopolitics Which parts of the US President Donald Trump’s geopolitical agenda matters most for global business risks and opportunities? Trump’s bid to settle the Russia-Ukraine war without including Ukrainian or European officials in discussions is the latest in a series of foreign policy moves […]

Strategic Intelligence

GlobalData unveils framework to analyze AI regulatory regimes worldwide

The role of AI regulation is to identify and mitigate ethical challenges and security risks related to AI. Regulation can also accelerate AI adoption by providing legal certainty and enhanced public trust. GlobalData, a leading data and analytics company, has identified three regulatory approaches to AI. The EU’s approach aims to protect the consumer. The […]

Strategic Intelligence

Global ecommerce market poised to hit $11 trillion in 2028 amid tech innovation and ESG focus, says GlobalData

The global ecommerce market is on a trajectory of rapid expansion, set to reach $11 trillion in 2028, driven by technological advancements, seamless delivery services, and rising internet penetration. With China and the US dominating the landscape, companies must continuously innovate to meet evolving consumer expectations, embrace ESG compliance, and leverage data-driven strategies to maintain […]

Strategic Intelligence

Supply chain drives M&A deal activity to record 5% YoY value growth in 2024, reveals GlobalData

Helped by a steady fall in interest rates and modest economic growth, global mergers and acquisition (M&A) deal activity surged during 2024, with a 5% increase in total deal value year-over-year (YoY). Supply chain resilience was a key theme that drove this momentum, with $160 billion in supply chain-related transactions across 22 deals, covering sectors […]

Strategic Intelligence

Robust corporate governance a strategic imperative for business resilience and growth, says GlobalData

Effective corporate governance is essential for sustainable business growth. As regulatory scrutiny intensifies, companies must strengthen governance frameworks, including risk management and anti-corruption measures, to ensure compliance and long-term resilience. Weak governance can undermine trust, while a well-structured approach enhances competitiveness, drives value creation, and positions businesses for sustained success, according to GlobalData, a leading […]

Strategic Intelligence

Tech industry struggles to meet net zero targets amid rising emissions and data center growth, says GlobalData

In 2024, the average global temperature exceeded the 1.5 degrees Celsius threshold above pre-industrial levels for the first time. Companies must speed up their net zero efforts to curtail the impact of worsening climate conditions. The tech sector contributes significantly to the trend of increasing carbon emissions and although tech companies have ambitious net zero […]

Strategic Intelligence

Global data analytics market to reach $190 billion in 2028, forecasts GlobalData

The exponential growth of data, driven by IoT, cloud computing, and artificial intelligence (AI) advancements, is transforming how businesses operate and make decisions. Against this backdrop, the total data analytics market is forecasted to be worth $190 billion in 2028, implying an 11.1% compound annual growth rate (CAGR) between 2023 and 2028. With data volumes […]

Strategic Intelligence

Pharmaceutical data and analytics market to grow to $2.1 billion by 2028, forecasts GlobalData

The global data and analytics market in the pharmaceutical sector was valued at $1.1 billion in 2022 and is forecast to grow to $2.1 billion by 2028, driven by data and content management, according to GlobalData, a leading data and analytics company. According to GlobalData’s latest report, “Market and Opportunity Forecast to 2028, Data and […]

Strategic Intelligence

KOLs interviewed by GlobalData expect increase in number of AI-designed drugs over next 10 years

The number of drugs designed using artificial intelligence (AI) is expected to increase over the next 10 years, according to key opinion leaders (KOLs) when interviewed on AI in drug discovery by GlobalData, a leading data and analytics company. GlobalData’s latest report, “AI in Drug Discovery 2024”, reveals that KOLs believe that the future will […]

Strategic Intelligence

Critical minerals shortages threaten international energy transition goals, reveals GlobalData

The global transition to clean energy is gaining momentum, heavily relying on renewable technologies such as solar PV cells and wind turbines, alongside energy transition solutions like hydrogen, energy storage, and carbon capture. This shift has triggered an unprecedented surge in demand for critical minerals, posing significant challenges in achieving international energy transition goals, says […]

Strategic Intelligence

GlobalData’s AI Creative Summit by MBI inspires AI-driven innovation and growth across the media sector

The second AI Creative Summit by GlobalData’s Media Business Insight (MBI) brought together industry leaders at BFI London, spotlighting AI’s transformative potential across media, entertainment, and broadcasting. With a sharp rise in AI-related job vacancies and advances in AI integration since 2023, discussions focused on AI’s role in enhancing productivity and innovation while addressing industry […]

Strategic Intelligence

Supply chain resilience drives 18% YoY growth in global M&A deal activity in Q3 2024, reveals GlobalData

Despite high interest rates and modest economic growth, global mergers, and acquisition (M&A) deal activity surged during the third quarter (Q3) of 2024, with an 18% increase in total deal value year-over-year (YoY). Supply chain resilience drove this momentum, with $71 billion in supply chain-related transactions across 38 deals, spotlighting sectors like automotive, healthcare, and […]

Strategic Intelligence

Global VR market will hit $57 billion by 2030, forecasts GlobalData

Virtual reality (VR) is a niche technology with gaming, entertainment, and professional training applications. Despite the challenges that will limit the adoption of VR technology, the global VR market is forecast to grow from $11 billion in 2023 to $57 billion* by 2030, registering a compound annual growth rate (CAGR) of 26% over the period, […]

Strategic Intelligence

Legaltech will augment lawyers’ capabilities but not replace them, says GlobalData

Traditionally, law firms have been wary of adopting technologies that could compromise data privacy and legal accuracy; however, attitudes are changing Despite concerns about technology replacing humans in the legal sector, legaltech is more likely to augment the legal profession than replace it entirely Generative AI will accelerate digital transformation in the legal sector Legaltech […]

Strategic Intelligence

Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData

Intelligent automation goes beyond traditional automation systems by integrating artificial intelligence (AI) to manage more complex business processes. It drives innovation and creativity, making it essential for organizations looking to stay competitive in today’s market. The intelligent automation market is set to grow from $18 billion in 2023 to $47 billion in 2030, driven by […]

Strategic Intelligence

AI will supercharge efficiency throughout agriculture sector, says GlobalData

Artificial intelligence (AI) is disrupting multiple industries with its decision-making capabilities and ability to interact with the physical world. With an ability to support precision agriculture, automate labor-intensive tasks, verify the sustainability of supply chains, and even accelerate the gene editing of crops, the technology has the potential to supercharge efficiency throughout the agribusiness value […]

Strategic Intelligence

Humanoid robots have arrived and are ready to start work, says GlobalData

The advent of OpenAI’s ChatGPT in 2022 revolutionized humanoid robotics, allowing for task execution without explicit programming. As developed nations grapple with labor shortages from aging populations and declining birth rates, the demand for automation grows. Humanoid robots are emerging as vital solutions, particularly in eldercare, yet their successful integration hinges on societal acceptance and […]

Strategic Intelligence

Rising demand for data centers prompts innovative cooling solutions, reveals GlobalData

The rapid growth of artificial intelligence (AI) has significantly increased the demand for data processing capabilities and capacity, leading to the expansion of data centers globally. As these facilities operate continuously, their energy-intensive equipment are raising concerns about sustainability. New cooling technologies and innovative approaches are emerging to address the environmental challenges posed by these […]

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