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Company Insights
NewMeta Pay – Competitor Profile
Meta Pay, formerly known as Facebook Pay, is a digital payment provider that allows users to make payment through social media platforms including Facebook, Messenger, WhatsApp, and Instagram. Meta Pay is now available to users across 144 countries and supports payments in 55 currencies, enabling online, in-app, and P2P payments. The payment journey for Facebook was started long before Facebook Pay was launched, as it rolled out P2P payments in the US via Messenger in 2015. It was in November...
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Sector Analysis
Scandinavia Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2023 Update
Scandinavia Source Tourism Market Report Overview Scandinavia’s source tourism market witnessed 38.17 million outbound trips and 108.55 million inbound trips in 2022. Sweden contributed the highest number of outbound trips, followed by Denmark. Leisure was the main reason for outbound travels. However, the overall outbound travel from Scandinavia in 2022 was still lower than the pre-pandemic levels seen in 2019. GlobalData expects that the outbound travel figure is expected to bounce back to pre-pandemic levels by the end of 2023...
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Sector Analysis
Netherlands Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2023 Update
Netherlands Source Tourism Market Report Overview Netherlands’s source tourism market witnessed 27.25 million outbound trips and 34.20 million inbound trips in 2022. The Netherlands tourism sector witnessed a significant recovery post the pandemic, with domestic tourist expenditure. However, this figure is still 5.9% lower than the pre-pandemic levels seen in 2019. Additionally, a recovery in international tourism is expected to positively contribute to Netherlands' economic growth in 2023. The Netherlands source tourism market research report provides insights into Netherlands’s domestic...
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Sector Analysis
Evolution of Cloud in the Telecom Wholesale Market – Development Trends, Growth Opportunities and Case Studies
Cloud in the Telecom Wholesale Market Report Overview Hyperscalers and communications cloud providers will continue to disrupt the traditional wholesale segment which is already facing inevitable change as new technologies differentiate players ahead of the game. Incumbent telecom and pure play wholesalers are currently strategically utilizing cloud technologies to deliver future wholesale services, but there needs to be a more concentrated effort, utilizing carriers unique capabiltiies in owning the network. The Cloud in the Telecom Wholesale market research report provides...
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Analyst Opinions
Innovation in Insurance
Innovation in Insurance Market Report Overview Insurance companies are increasingly using smart and connected devices to reward positive behavior across a variety of lines. Younger demographics are showing a greater willingness to use these products and share the data they generate with insurers, making this a key innovation in maintaining demand going forward. AI technology is becoming increasingly disruptive within the insurance industry due to the benefits it can provide across all areas of the insurance value chain. The innovation...
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Company Profile
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Meta Platforms Inc – Company Profile
Meta Platforms Inc (Meta), formerly Facebook Inc, is a provider of social networking, advertising, and business insight solutions. Through its major products Facebook, Instagram, Oculus, Messenger, and WhatsApp, the company connects people with their friends, and families, and co-workers across the world, and helps them discover new products and services from local and global businesses. It enables people to share their opinions, ideas, photos and videos, and other activities through mobile devices and personal computers with audiences ranging from their...
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Company Profile
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LivePerson Inc – Company Profile
LivePerson Inc (LivePerson) is a provider of mobile and online messaging technologies. The company offers interaction services through chat, voice, and content delivery across multiple channels including websites, social media, and mobile devices. Its technology allows consumers to connect with businesses through Facebook Messenger, SMS, WhatsApp, Apple Business Chat, Google Rich Business Messenger and Alexa. LivePerson also offers an online marketplace that connects independent service providers to customers for advice through its mobile and online messaging solutions. It serves automotive,...
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Product Insights
United Kingdom (UK) Household Insurance Distribution Dynamics and Future Market, 2022 Update
UK Household Insurance Distribution Market Overview Visiting a price comparison website (PCW) remained the most popular pre-purchase activity. The share of customers conducting pre-purchase research on PCW was the highest among customers across all three household insurance products in 2022. The United Kingdom (UK) household insurance market research report explores how purchasing preferences have changed over time for contents, buildings, and combined household insurance cover. It discovers what is most influential to customers when purchasing a policy and reveals the...
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Company Insights
American Express – Digital Transformation Strategies
American Express has been focusing on using artificial intelligence, big data, cybersecurity, and cloud to digitally transform its operations. The annual ICT spending of American Express was estimated at $5.2 billion for 2022. A major share of this spending is earmarked for acquiring software, ICT services and hardware from vendors. American Express is a provider of card products and travel-related services. It offers a range of credit cards, charge cards and other payment and financing solutions to individuals, small and...
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Product Insights
United Kingdom (UK) Household Insurance Market Size, Trends, Competitor Dynamics and Opportunities
The United Kingdom (UK) household insurance market was valued at GBP6.31 billion in 2021. The market has fluctuated over the last five years, but overall, there has been a decreasing trend. The total number of written policies for combined, buildings-only, and contents-only product types decreased in 2021. The UK household insurance market research report analyzes the UK household insurance market, looking at drivers of uptake across different demographics and dwelling types. The report also discusses the claims landscape in 2021...
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Company Insights
Meta Platforms, Inc – Digital Transformation Strategies
Meta Platforms Inc formerly Facebook, Inc. has been focusing on using augmented & virtual reality, data centers, artificial intelligence, blockchain, cybersecurity, and big data to digitally transform its operations. The annual ICT spending of Meta was estimated at $8.03 billion for 2021. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Meta is social networking, advertising, and business insight solutions provider that offers various products and services for commercial and non-commercial customers....
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Company Insights
ICICI Bank – Digital Transformation Strategies
ICICI Bank has been focusing on digital technologies as a part of its digital transformation strategies. The annual ICT spending of ICICI Bank was estimated at $760.7 million in 2021. A major share of this spending is earmarked for acquiring Network and communications, ICT services, and software from vendors. ICICI Bank offers personal and corporate banking, investment banking, private banking, venture capital, life and non-life insurance, securities broking, and asset management services to corporate and retail clients, high net worth...
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Company Insights
Axis Bank – Digital Transformation Strategies
Axis Bank has been focusing on AI-led innovation as a part of its digital transformation strategies. The annual ICT spending of Axis Bank was estimated at $381 million in 2021. A major share of this spending is earmarked for acquiring Network and communications, ICT services, and software from vendors. Axis Bank is an India based private sector bank offering a wide array of financial services to different customer segments, including retail customers, SMEs, large and mid-size corporates, and farmers. The...
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Thematic Analysis
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Digital Media and Sport – Thematic Research
Digital media is officially defined as video, audio, software, or any other content that is created, edited, stored, or accessed in a digital form. Among the most popular digital media platforms are sharing websites such as YouTube and Spotify, social media platforms such as Twitter and Instagram, service-oriented websites such as Uber and Airbnb, and knowledge-sharing platforms such as Quora and StackOverflow. Many of these platforms began their development in the late 2000s, and many now rank among the most...
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Company Insights
Facebook, Inc. – Enterprise Tech Ecosystem Series
Facebook, Inc. (Facebook) has been focusing on using augmented & virtual reality, data centers, artificial intelligence, blockchain, cybersecurity, and big data to digitally transform its operations. The annual ICT spending of Facebook was estimated at $5.9 billion for 2021. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Facebook is social networking, advertising, and business insight solutions provider that offers various products and services for commercial and non-commercial customers. The company, through...
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Sector Analysis
Middle East and Africa Mobile Broadband Market Trends and Opportunities to 2026
Middle East and Africa Mobile Broadband Market Trends and Opportunities to 2026, a new Telecom Insider Report by GlobalData, provides an executive-level overview of the mobile broadband market in AME. It delivers quantitative and qualitative insights into the mobile market, analyzing key trends and growth drivers in the region. There are stark differences in the AME region’s mobile broadband market between Sub-Saharan Africa and the MENA region with the MENA region being more advanced. Governments and regulators are working in...
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Thematic Analysis
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Social Media – Thematic Research
As social media’s ad-funded business model is unsustainable, social media companies will increasingly diversify away from this model. Social media companies will increasingly position themselves as the gateway through which users can access multiple services, blending social networking, social media, and entertainment. While communicating with others through user-generated content might be considered the main function of social media, people use different social media types to connect online for all sorts of reasons. These include finding and reviewing businesses, trading goods...
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Sector Analysis
Disrupting Retail Banking – The Era of Big Tech
This report provides in-depth analysis into the financial services strategies of technology companies. We look at their paths up until now, the products and services they have developed, their likely next moves, and how effective they will be at displacing the primary account relationship incumbent banks currently hold. The increasing role technology plays in 21st century life has led to the banking sector being the latest industry to be disrupted. This has led traditional incumbent banks to make technology a...
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Analyst Opinions
Mobile Broadband Trends in Africa and Middle East
Mobile Broadband Trends in Africa and Middle East' a new Telecom Insider Report by GlobalData, provides an executive-level overview of the mobile broadband market in Africa & Middle East. It delivers quantitative and qualitative insights into the mobile market, analyzing key trends in the region. Mobile user penetration reached 61.9% in 2020, and it will reach 74.1% by the end 2025 supported by mobile coverage expansion in under-penetrated countries. Mobile subscriptions in AME will reach 1.53 billion by 2020. Smartphone...
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Track & Monitor
FinTrack – July 2020
Every month, FinTrack showcases the latest innovations from financial services providers around the world. Each innovation is assessed and rated on key criteria, providing you with valuable insight. The provision of financial services is constantly evolving, with new technology having a particularly significant impact. Innovations such as digital delivery, AI, biometrics, and robo-advice are enabling providers around the world to offer new and improved services to customers that will improve the way they manage their finances. The growing availability of...
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