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As the landscape of environmental, social, and governance (ESG) considerations continues to evolve, businesses worldwide are confronting the imperative of decarbonization. The looming specter of climate change has catalyzed a seismic shift across industries, compelling corporations to recalibrate their operations towards “net zero” emissions. As regulatory, investor, and consumer pressures intensify, the pursuit of sustainability […]
Geopolitics defining theme of decade, as global business landscape faces challenges, says GlobalData
Geopolitics has emerged as a defining theme over the past decade, reshaping global dynamics and leaving a profound impact on economies and international relations. Geopolitical turbulence has created a landscape fraught with uncertainty for multinational corporations. As tensions escalate in regions like the Middle East and Ukraine, navigating the intricate interplay of economic, political, and […]
AR improves productivity and efficiency in agriculture, but adoption remains limited, says GlobalData
The application of augmented reality (AR) technology is disrupting multiple industries with real-life use cases. The hands-free data visualization provided by AR not only improves productivity throughout the agribusiness value chain but also increases the efficiency and efficacy of training in agriculture, using simulations or real-time direction. Against this backdrop, businesses will continue to adopt […]
GlobalData Thematic Intelligence report highlights robotics transformative impact on automotive industry
In a dynamic era of technological advancement, the automotive industry stands at the precipice of a revolution driven by robotics. With automation at its core, robotics is reshaping the landscape of automotive manufacturing, driving efficiency, precision, and innovation. From assembly line optimization to the development of autonomous vehicles (AVs), robotics has significantly impacted the automotive […]
Augmented reality will help sports companies engage with fans and intensify media competition, says GlobalData
The global sports industry faces various challenges, including maintaining fan engagement and intensifying media competition for sports broadcasting rights. Augmented reality (AR) can help sports companies tackle these challenges by creating more engaging and insightful viewing experiences, and the overall AR market is forecast to grow at a compound annual growth rate (CAGR) of 21% […]
Robotics industry to hit $218 billion in 2030; will help agri sector tackle climate change and labor shortages, says GlobalData
The global agriculture sector faces various challenges, including the impacts of climate change and labor shortages. Robotics can help agriculture companies tackle these challenges by automating machines and supporting vertical farming. Against this backdrop, the robotics industry is set to grow at a compound annual growth rate (CAGR) of 17% from $63 billion in 2022 […]
Tech industry most (geo)politized industry in the world, says GlobalData
The global supply chains organized to optimize profit and speed that shaped international trade and delivered benefits to both producers and consumers for two decades under globalization have been twisted out of shape, with the global economy facing significant geopolitical disruptions. A world with slower growth and heightened geopolitical tensions is making the operating environment […]
Blockchain industry primed for $291 billion revenue by 2030 driven by asset tokenization, says GlobalData
The blockchain industry, although volatile and nascent, has made significant progress in a short span of time, driven by remarkable innovation. Global blockchain platform and services revenue is set to grow from $12 billion in 2023 to $291 billion in 2030. This growth trajectory reflects a more delineated and specialized expenditure pattern, with specific areas […]
Global digital twins market will surpass $150 billion in 2030, forecasts GlobalData
Digital twins are becoming increasingly integral as companies prioritize resilience and digital transformation in their operations. They serve as virtual replicas, enhancing operational efficiency, cost reduction, and predictive analytics, while enabling remote collaboration. With advancements in IoT, cloud, AI, and data analytics, the global market for digital twins, spanning software and services, is projected to […]
Cybersecurity emerges as resilient force amid declining TMT deal activity in 2023, finds GlobalData
Despite a decline in overall deal activity within the tech, media, and telecom (TMT) sector, cybersecurity has emerged as a resilient outlier. With escalating cyber threats globally, companies are prioritizing investments in cybersecurity capabilities, leading to a surge in related M&A deals in 2023. This steadfast growth underscores the critical importance of cybersecurity amid evolving […]
APAC generates 64% of global mobile gaming revenue in 2023, reveals GlobalData
The Asia-Pacific (APAC) region leads the global mobile gaming market, generating 64% of total revenue in 2023, as the region is home to 5.2 billion mobile subscribers, accounting for more than half of total mobile subscribers globally, according to GlobalData, a leading data and analytics company. GlobalData’s latest thematic report “Mobile Gaming,” reveals that mobile […]
Mobile gaming expertise must-have for all game companies, says GlobalData
The mobile gaming market is already bigger than the combined console and PC gaming markets. Consequently, mobile gaming expertise is a must-have for all game companies, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report “Mobile Gaming,” reveals that mobile gaming revenue was worth $124 billion in 2023 and will grow to […]
Unlocking corporate resilience: Join GlobalData webinar on net zero strategies
As the landscape of environmental, social, and governance (ESG) considerations continues to evolve, businesses worldwide are confronting the imperative of decarbonization. The looming specter of climate change has catalyzed a seismic shift across industries, compelling corporations to recalibrate their operations towards “net zero” emissions. As regulatory, investor, and consumer pressures intensify, the pursuit of sustainability […]
Dealmaking has never been more difficult for Big Tech, observes GlobalData
The merger and acquisition (M&A) landscape for Big Tech is undergoing a dramatic shift. Increased regulatory scrutiny, particularly around antitrust concerns, is making large acquisitions a challenge. This trend extends beyond traditional M&A to Big Tech’s investments in AI, with regulators casting a watchful eye on deals involving smaller AI players. Navigating this complex environment […]
GlobalData highlights enduring impact of AI on edtech evolution
As the educational landscape undergoes a seismic shift propelled by the COVID-19 pandemic, educational technology (edtech) has risen to the forefront, catalyzing a permanent transformation. Artificial intelligence (AI) stands as a cornerstone in this evolution, heralding a new era of personalized and immersive learning experiences. With edtech poised to reach a market value of $535 […]
Frictionless commerce faces scrutiny amid consumer hesitation, observes GlobalData
Frictionless commerce, once heralded as the future of retail, faces scrutiny amid lukewarm consumer response. Despite its touted convenience, barriers to entry persist, hindering growth in this sector. With a market worth a modest $375.4 million in 2023, representing less than 0.01% of the global in-store retail market, questions arise about its scalability. As challenges […]
GlobalData explores vast potential of quantum computing over next decade
Quantum computing is emerging from the realm of theory into practical applications. With the potential to be revolutionary in cryptography, drug development, financial modeling, and more, quantum computing has attracted numerous Big Tech players, including Alphabet, IBM, Intel, and Microsoft. With an eye toward the future, this transformative technology is also beginning to feature strongly […]
Global M&A deal value sinks by 12% to five year low in 2023, reveals GlobalData
The global merger & acquisition (M&A) deal value plummeted to its lowest point in five years. Totaling $2.2 trillion, these deals marked a 12% decrease from the prior year, attributed to inflation spikes and increasing interest rates worldwide, which induced a slowdown in the global economy, according GlobalData, a leading data and analytics company. GlobalData’s […]
EU action against X unprecedented in its scope, says GlobalData
Following the news that the EU has launched an investigation into Elon Musk’s social media platform, X (formerly Twitter); Hugo Shapero, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “X risks a fine of 6% of global turnover if it does not conform to the terms of the EU’s Digital […]
Disney India and Reliance merger talks raise regulatory concerns over dominance in video streaming market, says GlobalData
Following reports that Disney India and Reliance Industries plan to merge their Indian entertainment operations; Pinky Hiranandani, Senior Thematic Intelligence Analyst at GlobalData, offers her view: “Reliance will become India’s largest video streaming provider if the proposed merger goes through. It will hold about a third of the country’s video streaming subscribers, putting it ahead […]