Navigating proposed regulations for large Language model tools As lawmakers worldwide propose regulations and guidance on large language model (LLM) tools such as ChatGPT and Google Bard, Gartner, Inc. has outlined four essential areas for general counsel (GC) and legal leaders to prioritize. These areas will help organizations prepare for…
Read MoreGlobalData
Electrified vehicle market poised for rapid growth
APAC electrified vehicle market is projected to reach 23.8 million units by 2026 The Asia-Pacific (APAC) region is set to experience a significant surge in the adoption of electric vehicles (EVs) over the coming years, driven by advancements in battery technology, the expansion of charging infrastructure, favorable government policies, increasing…
Read MoreIndia’s growing health and hygiene conscious market
Health-conscious Indians are becoming more mindful of their sugar and calorie intake The COVID-19 pandemic has sparked a heightened focus on food safety and hygiene among consumers worldwide. In India, this trend, coupled with concerns about short shelf-life, is projected to create significant growth opportunities for packaged street-selling juices. According…
Read MoreChina venture capital funding sees decline
Despite the decline China VC remains a force in global market The China venture capital (VC) funding landscape experienced a decline in both deal volume and value during January to May 2023 compared to the previous year, attributed to geopolitical tensions and recession concerns. However, China remains a dominant player…
Read MoreMajor companies still innovating in mature pacemaker space
Approximately 1.5 million people received pacemaker implants in 2022 Pacemaker technology has made significant advancements since its first implantation in the 1950s. GlobalData, a leading data and analytics company, highlights the continuous innovation in pacemaker technology, including smaller devices, more efficient pacing technology, and wireless communication, despite the market’s maturity.…
Read MoreUK venture capital funding sees decline in activity
This decline reflects the challenging environment for VC funding in the UK The UK venture capital (VC) funding landscape has experienced a noticeable decline in deal activity during the first five months of 2023 compared to the same period in the previous year. According to data from GlobalData, a leading…
Read MoreAdvancements in diagnostic tools for Alzheimer’s
Early detection is being targeted as it’s crucial for managing the disease June is recognized as Alzheimer’s and Brain Awareness Month, dedicated to raising awareness about Alzheimer’s disease, promoting brain health, and providing support to individuals and families affected by the condition. Early detection is crucial for managing the disease…
Read MoreMobile services market in Hong Kong faces stagnation
5G only positive trend in an otherwise stagnant market According to GlobalData, a leading data and analytics company, the mobile services market in Hong Kong is expected to face stagnation, with limited overall revenue growth projected despite the anticipated surge in 5G service adoption. Here are some key insights from…
Read MoreEU’s record $US1.3 billion Meta fine
The significant fine sends a clear message to all digital service providers The European Union (EU) has imposed a historic €1.2 billion ($US1.29 billion) fine on Meta, the owner of the Facebook social media platform, for its failure to adequately protect the data of European Facebook users stored and processed…
Read MoreDigital transformation revolutionizing patient care
These technologies have led to improvements patient service GlobalData, a data and analytics company, highlights the transformative impact of innovative technologies such as AI, genomics, and robotics in the healthcare industry. These technologies have led to improvements in patient safety, precise diagnoses, and personalized treatment. The integration of disruptive technologies…
Read More