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India, China witnessed improved sentiment in Q3; US saw decline

Global sentiment experienced a positive shift in the third quarter (Q3) of 2023. While traditional markets like the US saw a decline, countries such as India and China witnessed improved sentiment. There was notable growth in mentions for themes like Deal Making, ESG, Artificial Intelligence (AI), and Innovation, indicating significant trends in these areas, reveals the Company Filings Analytics Database of GlobalData, a leading data and analytics company.

GlobalData’s “Company Filings Analytics Trends & Signals – Q3 2023” report reveals Aerospace, Defense & Security, Automotive, Power, Construction, Mining, Technology, Banking & Payments, and Medical sentiment improved by over 4% YoY. North America had the highest mentions and saw an increase in sentiment, while Middle East & Africa had the most positive sentiment.

Misa Singh, Business Fundamentals Analyst at GlobalData, comments: “The share of mentions for India, China, Hong Kong, Canada, Mexico, and the UK increased in Q3 2023. The increased share of mentions reflects key developments across these countries. Mentions around Russia and Ukraine have seen a decline during the quarter.”

In terms of themes, Smart Hospitals, Supply Chain, Renewable Energy, and the Internet of Things have shown improvement in sentiment. Deal Making, ESG, AI, and Innovation were trending with high growth in mentions during the quarter. Within AI, “Generative” saw the most mentions. Other notable theme with high mentions and favorable sentiment is Robotics.

For instance, US-based manufacturing company Stratasys Ltd invested in Axial3D, a cloud-based AI driven 3D printing platform that enables easy segmentation of CT and MRI scans for anatomic models. Dentsu Group Inc announced the latest milestone in Dentsu’s long-standing partnership with Microsoft, launching enterprise-wide access to advanced Azure open AI technologies.

Singh concludes: “Companies are looking at efficient supply chains for optimal buying journey, embracing robotics for enhanced operations and transforming healthcare with AI-powered devices.” GlobalData

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