"GlobalData" news, interviews, and features

News about GlobalData

• VC funding hits slump in APAC

  VC deals with disclosed funding down 28.9 per cent during first half of 2023.

• Global generative AI revenue to hit $33B by 2027

  Will grow at 80 per cent CAGR between 2022 and 2027.

• Global software and services M&A clock $431B in 2022

  Making up 58 per cent of value and 48 per cent of volume of the whole tech, media, and telecom industry during the last year.

• APAC sees dip in business deals amid economic crisis

  The trend was seen across all major markets.

• AWS, IBM, Microsoft, Red Hat crowned PaaS leaders

  For their strategies and leadership in promoting advanced technologies.

• Global cyber security M&A activity declined in 2022

  M&A deal volume was down 14.6 per cent in 2022 while deal value fell 56.7 per cent in comparison to 2021.