Globaldata

AI, shark, acquisitions

Deal making landscape in the artificial intelligence (AI) tech space during 2014–2018 was dominated by global tech giants, according to GlobalData. Of the top five acquirers, four were based out of the US, with Ireland-based Accenture being the only exception in the list. The four US-based companies–Facebook, Microsoft, Apple and

gaming, esports, video game

The video games market will more than double to become a $300 billion-plus industry by 2025, according to GlobalData. According to the company’s latest thematic report, ‘Video Games’, the market will grow from $131 billion in 2018 to $305 billion in 2025, at a compound annual growth rate (CAGR) of

Artificial intelligence (AI) continues to be a lucrative technology space with the majority of startups either managing to secure venture capital (VC) backing or being involved in the thick of merger and acquisition (M&A) deal activity during 2014-2018. As a result, the race to fund or acquire AI-startups reflects the

IoT, City, connection

The global market for Internet of Things (IoT) technology, which consists of software, services, connectivity, and devices, reached $130 billion in 2018, and is projected to reach $318 billion by 2023, at a compound annual growth rate (CAGR) of 20 per cent, according to GlobalData. GlobalData forecasts show that solutions

Mobile wallet adoption in Asian markets like China, India and Taiwan is much higher than their western counterparts such as the US, the UK and Germany. According to a new survey published in GlobalData’s 2018 Mobile Wallet Analytics, increasing popularity of smart devices has enabled rapid adoption of mobile wallets

Hybrid cloud

Alibaba Cloud is catching up to its rivals in APAC by extending its services outside of China and adding new capabilities, says data and analytics company GlobalData. The company forecasts that an insatiable trend of product launches by cloud providers, riding on the back of increased adoption of cloud services,

pills, tablets, medicine

Blockchain technology will play a key role in supporting supply chain transformation in the healthcare sector by helping to reduce fraud and better manage quality in the manufacturing and distribution of pharmaceutical products, according to leading data and analytics company GlobalData. Counterfeiting is a significant problem within the pharmaceutical industry,