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The war in Ukraine, the global cost of living crisis, and the rise of trade wars are deglobalizing the sustainability agenda, according to GlobalData, a leading data and analytics company. Robert Pritchard, Senior Analyst for Enterprise Technology and Services at GlobalData, said: “Compared with COP26, COP27 was a disappointment, but it must be viewed in […]
Joules’ rescue by Next offers strong opportunity for a successful turnaround, says GlobalData
Following the news that Next has rescued Joules from administration, and intends to continue operating 100 of its 124 stores; Pippa Stephens, Apparel Analyst at GlobalData, offers her view: “Next’s acquisition of Joules is a positive outcome for the struggling British fashion brand, as whereas other contenders like Frasers Group would have likely resorted to […]
Fierce competition anticipated in DLBCL setting as novel therapeutics from multiple classes fill pipeline, says GlobalData
Significant changes in the treatment landscape of diffuse large B cell lymphoma (DLBCL), the most common form of non-Hodgkin’s lymphoma, has led to an explosion of research and development in this disease setting, says GlobalData. According to the leading data and analytics company, there are over 255 products currently in clinical trials for the treatment […]
mRNA non-vaccine therapeutics set to reach $2 billion in sales by 2028 driven by approval of pipeline agents, forecasts GlobalData
There are currently no messenger RNA (mRNA) non-vaccine therapeutics on the market. However, this landscape will reach a total of five marketed products by 2028, generating over $2 billion in revenue across the seven major markets (7MM*), says GlobalData, a leading data and analytics company. According to GlobalData’s recent report, ‘mRNA Therapeutics – Thematic Intelligence’, […]
Meta’s GDPR fines will only add to its woes, says GlobalData
Following the news that Meta has been fined EUR265 million ($275 million) by the Irish Data Protection Commission (IDPC), bringing its total data privacy fines in Europe to EUR1 billion ($1 billion); Emma Taylor, Analyst at GlobalData, a leading data and analytics company, offers her view: “Against the backdrop of mass layoffs and a rapidly […]
Recent FDA regulations will drive 24.7% CAGR in volume of pipeline products reaching medical devices market by 2024, says GlobalData
Recent changes to the FDA’s 510(k) premarket clearance pathway will result in the volume of pipeline products reaching the medical devices market experiencing a compound annual growth rate (CAGR) of 24.7% by 2024, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Regulations in Medical Devices – Thematic Research’, reveals that it takes approximately four […]
Number of technology companies discussing SPoF increases by 38% in 2022 compared to 2019, finds GlobalData
The number of technology companies discussing Single Point of Failure* (SPoF) has increased by 38% in 2022 compared to 2019, finds GlobalData, a leading data and analytics company. Misa Singh, Analyst at GlobalData, comments: “Companies are discussing having diverse data centers from different suppliers along with the duplication of data between these centers to avoid SPoFs. […]
Increasing awareness of men’s health to drive growth of biopsy guns market, says GlobalData
The biopsy guns market has grown by 3% between 2015 and 2021 and is projected to continue to grow at a similar rate until the end of the decade, says GlobalData. The leading data and analytics company notes that events such as Movember, which is intended to raise awareness of men’s health, will drive market […]
Progressive overtakes State Farm to become largest US motor insurer, says GlobalData
Progressive Corporation has overtaken State Farm to become the largest motor insurer in the US. The company’s growth was largely driven by its expanding for-hire transportation business, as well as higher advertising campaigns and its affiliation with a larger number of insurance agencies, says GlobalData, a leading data and analytics company. GlobalData’s Insurance Database reveals that Progressive’s […]
Hydrogen aircraft engine test another feather in Rolls-Royce’s sustainable aviation cap, says GlobalData
Following the news that Rolls-Royce and EasyJet have successfully conducted a ground test of a hydrogen powered aircraft engine; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “The development is obviously good news for Rolls-Royce as it continues to forge ahead on zero-emission aircraft propulsion development. It’s likely […]
39% of healthcare industry professionals expect investment in emerging technologies to decrease due to inflation and rising costs, finds GlobalData
According to a GlobalData survey, 39% of healthcare industry professionals globally expect to see a decrease in the amount that is being invested in emerging technologies over the next 12 months due to current economic conditions. The survey, which was published in the leading data and analytics company’s latest report, ‘Digital Transformation and Emerging Technology […]
Kongsberg’s Naval Strike Missile will bolster the Royal Navy’s firepower as Russia continues to pose a threat to NATO maritime security, says GlobalData
Following the news that eleven British warships will be equipped with Norwegian firm Kongsberg’s Naval Strike Missile (NSM); James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “Fighting in the Black Sea as a result of the Ukraine war has brought the UK’s Naval firepower […]
The number of oil and gas contracts globally declined by 7% in Q3 2022, says GlobalData
The overall number of contracts in the oil and gas industry declined by 7% in Q3 2022, decreasing from 1,662 in Q2 2022 to 1,542 in Q3 2022, says GlobalData, a leading data and analytics company. According to GlobalData’s latest report, ‘Oil and Gas Industry Contracts Analytics by Sector (Upstream, Midstream and Downstream), Region, Planned […]
Sweden should strengthen transmission grid to unlock power industry’s full potential amid energy crisis, says GlobalData
The rise in electricity prices has caused financial distress for transmission and distribution companies in Sweden, and for the population in general. A key challenge the country faces is the lack of transmission infrastructure between the northern and southern region. Sweden should focus on strengthening its transmission grid with upgraded cables and create a robust […]
Rewe Group ends $15 million sponsorship with German Football Association over OneLove armband decision, says GlobalData
Following the news that Rewe Group has moved to terminate its sponsorship deal with the German Football Association; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “Rewe Group’s decision to terminate its decade-long sponsorship with the German Football Association, in light of its decision to ban […]
Regenerative approaches are favored to treat sport injuries, says GlobalData
Following the start of the FIFA World Cup Qatar 2022; Tina Deng, MSc, Principal Medical Devices Analyst at GlobalData, a leading data and analytics company, offers her view on why regenerative approaches are favored to treat sport injuries: “As one of the most popular sports in the world, the incidence of soccer-related injuries is high, […]
Continuous glucose monitoring devices could become main glucose monitoring solution in the US, says GlobalData
Continuous glucose monitoring (CGM) devices could become the leading solution for a growing diabetes population in the US if the FDA’s proposed changes to reimbursement go ahead, says GlobalData. The leading data and analytics company notes that fully reimbursed CGM systems would provide relief to a huge number of diabetes patients, the majority of which currently […]
UK sees solid rebound in VC funding value in October 2022, finds GlobalData
Venture capital (VC) funding activity in the UK has been showcasing a fluctuating trend in 2022. The total VC funding raised by the UK startups, which fell below $1 billion for the first time this year in August and remained below that mark in September, has rebounded sharply in October to reach just shy of […]
FIFA sponsors will be forced to quick-change towards non-alcoholic beverages, says GlobalData
Following announcements that FIFA will ban the sale of alcoholic beverages from World Cup Qatar 2022; Ramsey Baghdadi, Foodservice Analyst at GlobalData, a leading data and analytics company, offers his view: “The decision to ban alcoholic beverages so close to the World Cup event will cause a series of challenges for brands such as AB […]
Budweiser and FIFA heading for conflict over $144 million World Cup sponsorship, says GlobalData
Following the news that Qatar is to ban all alcohol at the World Cup; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “Qatar’s decision to ban all alcohol around the grounds for the upcoming FIFA World Cup just days before it begins presents an illusion that […]