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GlobalData
GlobalData

Technology

Apple and Fitbit lose out to start-ups on wearable-based social distancing

Following the announcements by Proxxi and Estimote that they are launching wearable bands with social distancing features; Swati Verma, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view regarding new opportunities for wearable tech companies. “Social distancing could stay in place until 2022, creating new opportunities for wearable tech companies. However, […]
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Indian IT services vendors proved their ability around business continuity planning amid Covid-19 outbreak, says GlobalData

Despite the several challenges presented by the coronavirus (Covid-19) outbreak, the Indian IT services vendors have ably demonstrated their ability around business continuity planning, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s IT Contracts Database, which tracks the publicly announced IT contracts, reveals the extent of challenges that the industry is […]
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23 of top 25 global technology companies by market capitalization in Q1 2020 report major QoQ decline

The COVID-19 pandemic has shredded the performance of shares of the world’s top 25 technology* companies, with 23 reporting a major quarter-on-quarter (QoQ) decline in market capitalization (MCap) for Q1 2020. NVIDIA and Tencent were the exceptions, posting QoQ growth during the same period, according to GlobalData, a leading data and analytics company. NVIDIA, with […]
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Digital offerings to be key revenue growth driver for leading IT vendors in Asia-Pacific, says GlobalData

The coronavirus (Covid-19) outbreak has underscored the importance of digital adoption amongst enterprises, reigniting concerns regarding business continuity, data security, collaboration and seamless customer experience. Against this backdrop, the demand for digital transformation presents IT vendors in Asia-Pacific with a substantial revenue growth opportunity in the medium to long-term, says GlobalData, a leading data and […]
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COVID-19 will change regulator’s priorities, says GlobalData

Following the news that the Competition and Markets Authority (CMA) has provisionally cleared Amazon’s investment in Deliveroo; Laura Petrone, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “The CMA’s decision is aimed at bailing out a company that is at risk of failure. It considers the collapse of Deliveroo to […]
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Social media can lessen the mental health impact of quarantine

Loss of routine and social isolation are having distressing short and long-term impacts on individuals of all age groups, meaning mental health disorders will increase as a result of COVID-19. However, social media and collaboration tools are going some way to ease the isolation, says GlobalData, a leading data and analytics company. Shabnam Pervez, analyst […]
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Facebook Gaming app will struggle to attract users and streamers

Following the news that Facebook is launching its gaming app two months earlier than planned; Rupantar Guha, Senior Analyst of Thematic Research at GlobalData, a leading data and analytics company, offers his view on the move: “By launching early, Facebook is attempting to exploit the increase in streaming caused by the COVID-19 pandemic. However, the […]
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Government aid is required to sail Indian telcos from AGR storm

The telecom sector in India, which is already reeling under a debt of around US$54.46bn, has come under more pressure due to the recent Supreme Court ruling on adjusted gross revenue (AGR) dues, says GlobalData, a leading data and analytics company. Since 2005, there has been an ongoing dispute between the Department of Telecommunications (DoT) […]
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COVID-19 spurs cyberattacks on healthcare sector

The global healthcare sector has been subjected to an array of cyberattacks as it deals with the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Rajesh Muru, Principal Analyst at GlobalData, comments: “The COVID-19 pandemic has created further challenges in the healthcare sector as IT business units prioritize IT budgets and focus on […]
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5G networks not slowing down

Despite COVID-19 resulting in revenue pressures from slowing sales and consumer demand for new products, many major carriers say they still have the cash flow to move ahead with 5G deployments, says GlobalData, a leading data and analytics company. Lynnette Luna, Principal Analyst at GlobalData, comments: “No one can say for sure what impact the […]
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Asia-Pacific region to be prime growth driver of global battery electric vehicles by 2030, says GlobalData

Despite the decline in passenger car sales across the globe owing to the coronavirus (Covid-19) outbreak, the Asia-Pacific (APAC) region is expected to lead the global battery electric vehicles (BEV) market over the next decade, says GlobalData, a leading data and analytics company. GlobalData’s Market Opportunity Forecasts Model estimates that despite the Covid-19 outbreak, the […]
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COVID-19 is intensifying competition between collaboration specialists and tech giants

The COVID-19 pandemic has caused worldwide lockdowns, forcing millions of people to work remotely. Smaller companies providing collaborative tools are increasingly finding themselves battling the giants of the tech industry for prime position in a highly lucrative market, says GlobalData, a leading data and analytics company. Ella Benson Easton, Thematic Analyst at GlobalData, comments: “The […]
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