India’s retail industry is set to witness a massive shift with its e-commerce sales expected to grow at a compound annual growth rate (CAGR) of 23% during 2020-25 to reach INR 9,328 bn (USD 119 bn),...
Oct 08, 2021
It is often worried that the rise of Artificial Intelligence (AI) will negatively impact employment, but GlobalData notes that the rush for digitization and Industry 4.0 have actually provided a...
Aug 26, 2021
Fintech adoption was already on the rise prior to the COVID-19 pandemic. However, the uncertainty related to the pandemic accelerated shift towards digital financial life and it became an...
Aug 23, 2021
Augmented Reality (AR) has replaced Artificial Intelligence (AI) as the most disruptive emerging technology, according to a survey by GlobalData. GlobalData’s latest report, ‘Emerging Technology...
Jul 27, 2021
The COVID-19 pandemic has given businesses an unprecedented opportunity to implement technology-fueled changes to the way they operate. AI and big data/analytics have been identified by healthcare...
Jul 16, 2021
With the COVID-19 pandemic denting the consumer sentiment due to the imposed travel restrictions and lockdowns in India, the retail industry has been at the forefront of the economic disruption. As...
Jul 07, 2021
India is becoming a land of digital opportunities for home-grown tech companies, according to GlobalData. The leading data and analytics company notes that these local players are growing stronger...
Jun 25, 2021
The global Internet of Things (IoT) market by revenue will be worth USD 1.1 trillion by 2024, with much of the growth coming from wearables, according to GlobalData. GlobalData’s latest report, ‘...
Jun 03, 2021
Increasing investments in digital transformation, data centers and Internet of things (IoT) deployment were instrumental in the more than 5% average revenue growth of the top 20 Asia-Pacific (APAC)...
May 31, 2021
Following the news that AI-powered construction software company Procure has filed for an IPO (initial public offering); Dr Lil Read, Thematic Research Analyst at GlobalData, a leading data and...
May 24, 2021
Artificial Intelligence (AI) is expected to be the most disruptive emerging technology, according to GlobalData’s Emerging Technology Sentiment Analysis Q1, 2021. In response to a poll by the company...
Apr 30, 2021
The changing customer landscape due to the COVID-19 pandemic has necessitated innovation within the insurance industry. Not only are incumbent firms at threat from insurtechs using technology to...
Apr 26, 2021
The convergence of emerging technologies like Artificial Intelligence, the Internet of Things and Big Data is driving the adoption of digital twins across industries to build products, monitor assets...
Mar 31, 2021
Innovations enabled by Artificial Intelligence (AI) are growing at a strong pace, which is evident from the technology taking the top spot in the patent filings of 2020. The need to automate business...
Feb 16, 2021
Bob Carver, Principal - Cybersecurity Threat Intelligence and Analytics at Verizon is the top cybersecurity influencer on Twitter during the fourth quarter (Q4) of 2020, according to an analysis of...
Feb 11, 2021
Artificial Intelligence (AI), banking and insurtech emerged as the most mentioned trends among fintech influencer discussions on Twitter during the fourth quarter (Q4) of 2020, according to...
Feb 05, 2021
Cloud gaming will fundamentally change the video games industry over the next ten years, according to GlobalData. Just as video and audio streaming has reshaped the music, film and TV markets, cloud...
Feb 03, 2021
Artificial Intelligence (AI) will transform the pharmaceutical industry in the coming years by delivering productivity improvements and efficiencies across the entire pharma value chain, according to...
Jan 25, 2021
As the COVID-19 pandemic continues to create economic uncertainty, several fintechs have started to realign their growth strategies. While some fintechs have been at the forefront to grab new...
Jan 21, 2021
Department store and mall owners have been positive towards ‘digitization’, ‘contactless payments’ and ‘sustainability’ in company filings, with discussions around mobile payments and digital growth...
Jan 20, 2021
With rising demand for goods and services and revival of key economic sectors amid the declining rates of COVID-19 cases, India’s GDP growth rate will witness a V-shaped recovery with 9.72% growth in...
Jan 19, 2021
Amid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, according...
Dec 11, 2020
Machine Learning (ML), Big Data and Data Science emerged as the most mentioned trends among the Artificial Intelligence (AI) influencer discussions on Twitter during the third quarter (Q3) of 2020,...
Nov 30, 2020
The ongoing impact of COVID-19 pandemic, which has disrupted the traditional business operation landscape, has forced the enterprises to adopt a proactive rather than a reactive approach to address...
Nov 18, 2020
India has a well-developed instant payment infrastructure. Immediate Payment Service (IMPS) was launched in 2010 followed by Unified Payments Interface (UPI) in 2016. While the former is primarily...
Nov 13, 2020
Data and content management revenue in the Asia-Pacific (APAC) region will grow at a compound annual growth rate (CAGR) of 1.8% over the period 2019-2024, driven by the rise in enterprises’ need to...
Nov 12, 2020
Rising adoption of emerging technologies like big data, Internet of Things (IoT), Artificial Intelligence (AI), Augmented Reality (AR) and Virtual Reality (VR), along with enterprises’ focus on cost...
Nov 11, 2020
Majority of the technology vendors continue to struggle with the impact of COVID-19 pandemic. Despite this, leading Indian IT vendors continue to shine through the crisis, driven by their cloud and...
Nov 10, 2020
The COVID-19 pandemic has caused rapid adoption, integration and development of Artificial Intelligence (AI) and Machine Learning (ML) into the healthcare industry. AI is being widely used for early...
Nov 09, 2020
COVID-19 is set to be a major catalyst for the pharmaceutical industry. The rush to adapt to new social distancing and lockdown norms has led to a hurried digital transformation, leaving many...
Nov 06, 2020
The rising costs of data breaches and the growing number of attacks to healthcare and other organizations is turning cybersecurity into a mission-critical technology for most industries, according to...
Nov 02, 2020
Mobile wallet adoption is gradually displacing traditional payments such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis and as a result mobile...
Oct 22, 2020
While the adoption of augmented reality (AR) in the oil and gas (O&G) industry is in the introductory phase, this evolving technology has the potential to disrupt the traditional operational...
Oct 19, 2020
Global Artificial Intelligence (AI) platform revenue will reach USD 52bn by 2024, up from USD 28bn in 2019 as spending on AI will rise as businesses seek to accelerate digital transformation and...
Oct 14, 2020
Power utilities have become more prone to cyberattacks amid the COVID-19 pandemic as attackers have strived to benefit from the rush to remote systems and undermanned facilities. Utilities need to...
Oct 12, 2020
Global day-to-day purchases have seen a drastic reduction, even though e-commerce is booming. This, coupled with regulatory changes – such as the Bank of England reducing interest rates from 0.75% to...
Sep 29, 2020
The outbreak of COVID-19 pandemic continues to persist, as a result of which enterprises are now focussing on remote accessibility and connectivity features for business continuity. Driven by these...
Sep 14, 2020
Alternative payments have gained significant prominence among the online shoppers in India with mobile and digital wallets gradually displacing traditional payments such as cash and cards amid COVID-...
Sep 03, 2020
Fiscal 2019 appeared to be quite fruitful year as all but one of the top 25 global publicly traded global retailers reported YoY revenue growth – with seven seeing double-digit growth, according to...
Aug 31, 2020
Strong demand for cloud computing solutions and a significant uptick of online advertisement revenue helped cloud and internet-based solutions providers such as Amazon, Apple, Samsung Electronics,...
Aug 24, 2020
The constraints created by the COVID-19 pandemic are forcing manufacturers, suppliers and distributors across the world to revisit their global supply chain strategies and accelerate the adoption of...
Aug 21, 2020
Software sales and advertising revenue were instrumental for the top 20 Asia-Pacific (APAC) technology* companies reporting an average revenue of over USD 40 billion and an average revenue growth of...
Aug 19, 2020
The COVID-19 pandemic has provided a boost for e-commerce as it has become the default option for many customers worldwide and it is set to remain the preferred shopping method beyond the pandemic,...
Aug 13, 2020
Cloud computing allows oil and gas companies to scale their data management and storage, driving greater flexibility in infrastructure costs. The high computing power delivered via cloud platforms...
Aug 04, 2020
COVID-19 has had a catalytic effect on emerging technologies and has pushed several technologies into the forefront of methods to manage the pandemic. This is likely to be a watershed event and it is...
Jul 15, 2020
COVID-19 has highlighted the challenges faced by those in the cyber insurance market, but there is still a considerable opportunity to grow the market despite the changing risk landscape, according...
Jul 06, 2020
Consumers across the globe are embracing digital payments more than ever during the COVID-19 pandemic. Against this backdrop, payment industry in the Asia-Pacific (APAC) region remains attractive for...
Jun 15, 2020
The COVID-19 pandemic has accelerated the demand for digital technologies to ensure resilient enterprise business operations. Subsequently, a surge in demand across the Asia-Pacific (APAC) region has...
Jun 08, 2020
China’s fintech startup ecosystem survived as the breeding ground for venture capitalists (VC) over the last two years despite India marginally surpassing in the third quarter (Q3) of 2019. However,...
May 26, 2020
Computer vision, an Artificial Intelligence (AI) technology, is increasingly becoming omni-present today from visual search features on e-commerce websites that can make the shopping experience more...
May 06, 2020