The global construction industry experienced a 13% drop in company filings mentions of blockchain in Q1 2024 compared with the previous quarter, with the highest share accounted for by 3M, according to GlobalData’s analysis of over 17 construction company filings. GlobalData’s Construction: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the construction industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, blockchain was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of ecommerce and cryptocurrencies, according to GlobalData.
Of the top leading companies in the construction industry, 3M had the greatest increase in references for blockchain in Q1 2024, compared with the previous quarter. GlobalData identified one blockchain-related sentences in the company's filings and remained flat of 0% in Q1 2024 compared with Q1 2023.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for blockchain in Q1 2024 was 98.
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For further understanding of GlobalData's Construction: Filings Trends & Signals Q1 2024, buy the report here.
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