Total technology industry venture financing deals in December 2019 worth $242.62m were announced in the UK, according to GlobalData’s deals database.
The value marked a decrease of 26.5 percent over the previous month and a drop of 48.9 percent when compared with the last 12-month average of $474.62 million.
The UK held a 2.4 percent share of the global technology industry venture financing deal value that totalled $10 billion in December 2019.
Moves by the UK Government to deal with high-risk vendors (HRVs) are an uneasy compromise, according to GlobalData.
Glen Hunt, Principal Analyst at GlobalData, said the deal attempts to address US pressure to impose an outright ban by keeping vendors such as Huawei from the 5G mobile core, where the integrity of functions such as network policy, subscriber data and end-to-end intelligence are critical.
The UK government’s decision to allow Huawei technology into the non-core aspects of the UK’s 5G networks will have surprised some.
According to a poll by leading data and analytics company GlobalData, it will have surprised a considerable number, as 47 percent of respondents said that they thought the Chinese tech giant was a security threat.
As technology advances, fraudsters may move to more low-tech methods in the future, says GlobalData
GlobalData’s 2018 Consumer Payments Survey warns that no matter how complex a security system becomes, methods for hacking it will always find a way to catch up, but most payment companies today, whether it is banks, scheme providers or e-commerce players, are investing heavily in methods to make their users’ accounts and transactions safer.
“However, there is only so much safety that a complex password can offer. The fight against fraud in the future will be fought with machine learning, artificial intelligence (AI), blockchain and biometric login ,”according to GlobalData.
Beancounters at GlobalData have decided that the amalgamation of over-the-top (OTT) content into pay-TV offerings will help pay-TV businesses to enhance their service proposition and drive revenue in the coming years, says GlobalData, a leading data and analytics company.
According to GlobalData pay-TV Forecast Pack, the adoption rate of OTT video platforms is increasing across all geographies and has built pressure on traditional pay-TV operators to create an interactive content library, provide on-demand video, and update their portfolio with HD and 4K content.
Europe’s technology industry saw a drop of 0.3 percent in overall deal activity during the third quarter of 2019 when compared to the four-quarter average, according to GlobalData’s deals database.
A total of 1023 deals worth $21.18 billion were announced for the region during the third quarter of 2019, against the last four-quarter average of 1020 deals.
Of all the deal types, venture financing saw the most activity in the third quarter of 2019 with 465, representing a 45.5 percent share for the region.
The US registered the highest outbound as well as inbound mergers and acquisitions (M&A) deal volume in the technology sector in 2018, according to analyst outfit GlobalData.
All the top 10 positions in terms of the number of outbound M&A deals were occupied by developed nations with the US leading the way in terms of both deal volume and value in 2018.
The demand for 5G is robust in the UK and the technology’s adoption is forecasted to reach over 26 per cent of total mobile subscriptions by 2024, according to GlobalData, a data and analytics company.
EE was the first network to launch 5G in the UK, but two other networks have since launched their 5G strategies to try and make it to the top spot.
Lorenzo Solazzo, Technology Analyst at GlobalData, commented: “During the 5G City Tour (#5GGearUp) organized by Huawei, network operator 3UK showcased its new 5G strategy to compete with other telecommunication operators (telecos). The firm was the third operator to launch 5G in the UK, after EE and Vodafone. 3UK will continue the rollout of 5G to 24 additional cities throughout the UK by Q4 2019.”
The wearable tech industry was worth nearly $23 billion in 2018 and is forecast to grow at a compound annual growth rate (CAGR) of 19 per cent to reach $54 billion by 2023, according to GlobalData beancounters.
The company’s latest report: ‘Wearable Tech – Thematic Research’ says that the consumer market growth will be driven by sales of smartwatches, which are gaining in popularity as the range of features they offer (including cellular connectivity, health monitoring, and contactless payment) increases. In contrast, fitness tracker sales are falling, due to their limited capabilities when compared to smartwatches.
Google, Amazon, Facebook and Apple will face regulation in ten main areas over the coming years, with data privacy representing the main focus, warned GlobalData.
GlobalData’s latest report: ‘Data privacy – Thematic research’ states that Big Tech companies have persistently evaded any form of accountability for data breaches, election manipulation, obstruction of justice, promotion of terrorist material, fake news, and online abuse perpetrated through their own internet platforms.
IBM, Fanuc and Cisco are the leading companies in the Industrial Internet sector, according to the latest “Thematic Scorecard” for the industrial automation sector from GlobalData, a leading data and analytics company.
The three companies all gained the highest Thematic score (five out of five) in GlobalData’s Thematic Scorecard for the industrial automation sector. A Thematic score of five out of five indicates that this theme will significantly improve their future performance.
Deal activity remained strong in security technologies space in 2018, according to analysts GlobalData.
Despite the fluctuating trend in venture capital (VC) funding and mergers and acquisitions (M&A) in the security technologies space during 2014-2018, deal activity remained stable in 2018 compared to 2017, primarily due to the hype around the cybersecurity segment and companies’ strategies to strengthen their market position, said GlobalData.
The $145 billion industrial internet market is at risk of slowdown over integration concerns, according to GlobalData analysts.
If this is the case, the industrial internet, which is expected to redefine the way the global industrial economy operates, is in danger of failing to take off because of integration problems, GlobalData said.
Interest in the Internet of Things projects seems to be fluctuating as more companies become concerned about the tech’s security.
According to GlobalData venture capital (VC), funding and mergers and acquisitions (M&A) activity in the IoT marketplace witnessed fluctuating fortunes during 2014-2018.
Higher bandwidth 5G networks will, by themselves, be insufficient to support emerging applications such as the IoT and VR, according to new Global Data report.
Large service providers, including Verizon, AT&T and Deutsche Telekom appear to have worked out that edge computing as an essential component for unlocking the benefits of 5G.
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