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Analysis of GlobalData’s 2021 UK Insurance Consumer Survey revealed that four price comparison websites—Compare the Market, GoCompare, MoneySuperMarket and Confused.com—dominate the UK’s motor insurance market, with 96.7% of UK consumers stating that they use these websites. The leading data and analytics company notes that it is extremely difficult for new comparison sites to get a […]
Roscosmos’ ISS announcements do not constitute a change of policy from Russia, says GlobalData
Following new comments made by Yuri Borisov, head of Roscosmos, regarding the future of Russian involvement in the International Space Station (ISS); Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “The future of the ISS has attracted much attention since the onset of the conflict in Ukraine, with […]
Monkeypox outbreak must be taken seriously by public health officials, as new methods of viral spread have recently emerged, says GlobalData
Following the news that the World Health Organization (WHO) has declared the monkeypox outbreak a Public Health Emergency of International Concern (PHEIC); Nancy Jaser, PharmD/MBA, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Recent changes to the mode of transmission and disease presentation of monkeypox in the current outbreak are […]
12-month diagnosed prevalent cases of schizophrenia across 7MM to reach 3.49 million in 2031, forecasts GlobalData
The 12-month diagnosed prevalent cases of schizophrenia are expected to increase from 3.40 million in 2021 to 3.49 million in 2031 across the seven major markets (7MM*), at an annual growth rate (AGR) of 0.26%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Schizophrenia Epidemiology Analysis and Forecast, 2021-2031’, reveals that the […]
Global ecommerce market set to reach $20.7 trillion by 2025 with major sportswear companies benefiting from significant online sales, says GlobalData
With the ecommerce market expected to reach $20.7 trillion by 2025, major sportswear companies such as Nike, Adidas, Amazon, Alibaba, New Balance, Puma, NBA, NFL and IOC, are set to significantly grow their sales through this online distribution channel, due to the strength of their brands and the ease and accessibility of their online platforms, […]
Switzerland’s defense budget to reach $10.35 billion in 2027 as country acquires more capability from international companies, says GlobalData
Switzerland could prove to be a profitable market over the next decade for foreign defense companies such as Lockheed Martin, Saab and Elbit Systems, as the country’s steadily growing defense budget allocates more funds to acquire defense capability on the international market, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Switzerland Defense […]
European tourism company filings indicate ESG is the most pressing industry issue, finds GlobalData
GlobalData’s Company Filing Analytics reveals that environment, social and governance (ESG), COVID-19 and geopolitics are the top three themes mentioned by European tourism companies so far in 2022, respectively, indicating that these are the most pressing issues that the continent’s tourism industry faces. As shown by the leading data and analytics company, ESG is the most mentioned theme […]
Women’s Super League could see $5 million to $10 million increase per club in sponsorship and media rights revenue across the upcoming season, says GlobalData
Following England’s triumph at the UEFA European Championships 2022;Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “Many Women’s Super League teams currently share a number of sponsors with their male counterparts, and it is rare to find a woman-only deal. However, following the success of the […]
Restaurant operators’ price increases could lead to losses if affordability trend is side-lined, says GlobalData
Price inflation has affected all areas of the foodservice value chain, from raw material prices to the final menu product. This has put significant pressure on consumers in the UK, as the cost-of-living crisis has forced cutbacks on spending, says GlobalData. The leading data and analytics company notes that in order to help manage their […]
Footasylum may struggle to revitalize its brand without a sportswear specialists’ backing, says GlobalData
Following today’s announcement that JD Sports is selling Footasylum to Aurelius Group for £37.5m; Darcey Jupp, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “Footasylum will be thankful it can now focus on revitalizing its proposition after a tumultuous period, but not being purchased by a sportswear specialist will be […]
Apple’s VR headset will trigger faster adoption of VR tech, a segment worth $50 billion by 2030, says GlobalData
Apple’s virtual reality (VR) headset, which is expected to be a standalone, high-end device costing around $3,000, launching in January 2023, will boost demand for associated VR and augmented reality (AR) games, apps and services. These categories are increasingly important to Apple’s bottom line, says GlobalData. The leading data and analytics company notes that given […]
Global risk increases in Q2 2022 due to the impact of geopolitical tensions, says GlobalData
The risk of stagflation* has magnified globally in 2022, with economic recovery prospects being halted amid record-high inflation levels, higher borrowing costs, and greater uncertainty as a result of the Russia-Ukraine crisis, says GlobalData. The leading data and analytics company’s Macroeconomic Database found that high food and fuel prices have triggered a food crisis in low-income nations. […]
Bundeswehr needs to implement stronger industrial strategy to be able to spend 2% of GDP on defense, says GlobalData
Germany’s promise to increase its defense budget to 2% of its gross domestic product (GDP) by 2024, with this figure then being sustained as an average across a rolling five-year period, will equate to a defense budget of $82.0 billion in 2024, rising to $85.7 billion in 2027, according to GlobalData. The leading data and […]
Poland’s Ottokar-Brzoza tank destroyers will help modernize the capabilities of its land forces, says GlobalData
The Polish Armaments Agency’s agreement with the PGZ-OTTOKAR consortium to begin production of the Ottokar-Brzoza tank destroyer system is a key element of the Polish government’s ongoing efforts to modernize the capabilities of its land forces, says GlobalData, a leading data and analytics company. Tristan Sauer, Land Domain Analyst at GlobalData, comments: “Continued Russian geopolitical belligerence […]
Shortage of automated external defibrillators and other medical devices a potentially life-threatening issue for patients, says GlobalData
The recent news that automated external defibrillators (AEDs) including wearable and nonwearable versions, chest drains/ suction canisters and autotransfusion systems have been added to the list of medical devices in short supply by the Food and Drug Administration (FDA) on July 20, 2022, is a very real and potentially life-threatening issue for many patients, says GlobalData, […]
Alphabet’s job postings declined by 21% between March 2022 and June 2022, finds GlobalData
Despite Google’s parent company Alphabet posting an impressive 18,000 total jobs in H1 2022, inflation and a potential recession have triggered a downtrend in the company’s new job postings since the highs of March 2022, says GlobalData. The leading data and analytics company found that Alphabet’s job postings declined by 21%, from 3,599 in March 2022 to […]
Top 25 global retailers by market capitalization lost $846 billion in their cumulative valuation in Q2 2022, says GlobalData
Alibaba, JD.com, Inditex, Pinduoduo, Fast Retailing and Dollar General are the six companies in the top 25 that reported gains in valuation. The top 25 global retailers by market capitalization (MCap) reported a 19.4% decline in their cumulative MCap in Q2 2022, observed GlobalData. The leading data and analytics company also notes that the top […]
The UK will remain one of the most rigorous countries when it comes to unhealthy foods despite delaying ban on buy-one-get-one-free deals, says GlobalData
Despite the UK government’s decision to delay a ban on buy-one-get-one-free deals for unhealthy snacks, the UK will continue to be one of the most rigorous countries when it comes to the marketing of unhealthy foods, especially when it comes to marketing them to children, says GlobalData, a leading data and analytics company. Amira Freyer-Elgendy, Food […]
Gene therapy RGX-314 holds potential for diabetic macular edema treatment, says GlobalData
AbbVie/Regenxbio recently presented data from a Phase II study of its lead diabetic retinopathy (DR) and neovascular age-related macular degeneration (nAMD) gene therapy candidate, RGX-314, at the American Society of Retinal Specialists (ASRS) annual meeting, which took place on July 13-16. RGX-314 has the potential to address a key unmet need for drugs that reduce patient […]
Denmark to accelerate renewable power development to overcome dependence on Russian gas, says GlobalData
The recent Russia-Ukraine conflict has dented Denmark’s gas supply, as nearly 75% of the country’s gas imports are provided by Russia via a pipeline through Germany, says GlobalData. The leading data and analytics company notes that the government’s pledge to step up its renewable development program, by increasing the number of solar photovoltaic (PV) and […]