Compared to China’s 19 AI unicorns with collective valuations of $43.5 billion, the US has 32 AI unicorns with their collective valuations of $92.07 billion.
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BPO services market in India to touch $8.8 billion in 2025
India has made efforts to liberalize regulatory guidelines for the BPO industry in recent times
Continue readingChip shortage to push consumer electronics retail prices
The global chip shortage will have a deep-rooted impact on the consumer electronics segment like that of the automotive industry.
Continue readingTop IT service providers faced declining revenues in 2020
Around 50% of the top 20 IT service providers by revenue reported Y-o-Y revenue decline in 2020,
Continue readingGlobal IoT market revenue to cross $1 trillion by 2024
Global IoT market by revenue will be worth $1.1 trillion by 2024. The increase in revenue is largely driven by the growth of wearables, according to GlobalData.
Continue readingWhy Microbiome use cases are attracting VC investments
Given the microbiome’s broader scope and potential. Venture capital (VC) investments are on an ascent in microbiome companies, according to data analytics firm GlobalData.
Continue readingMobile data services market in India to cross $12 bn by 2025
The mobile data services revenue in India is expected to grow from $6.3 billion in 2020 to $12.5 billion in 2025, according to GlobalData.
Continue readingOverlay technology a threat to enterprise telecoms?
Overlay technology was initially thought to be a threat to traditional network-owning telecoms services providers, according to Gary Barton, Principal Analyst – GlobalData.
Continue readingAI patent filings tops in 2020, Samsung leads: GlobalData
According to Global Data, the need to automate business processes to improve efficiency and control costs across industries is fueling the surge in AI patent filings by tech giants and enterprises.
Continue readingMobile services market to grow 6.11% CAGR in APAC
Mobile services market expected to grow at 6.11% CAGR in APAC between 2020 and 2025, as per GlobalData’s forecast.
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