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GlobalData
GlobalData

Beth

Cost of living crisis will drive more consumers towards secondhand fashion, with the global apparel resale market set to grow 85.5% between 2022 and 2026 to $338.4 billion, says GlobalData

While secondhand markets, charity shops and vintage shops have long been a popular way of buying apparel to access lower prices and more unique items, the global apparel resale market* has grown rapidly over the past few years as new online platforms have emerged, and sustainability concerns have grown in tandem with consumer desire for […]
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Antitrust penalties will eclipse Alphabet’s strong cloud performance unless it can comply with regulation, says GlobalData

Following the release of Alphabet’s Q3 2022 earnings; Suneet Muru, Analyst at Thematic Intelligence Team at GlobalData, a leading data and analytics company, offers his view: “Alphabet’s underperformance in Q3 2022 shows that it must continue to shift its primary revenue stream from advertising to cloud. “The fast-growing Google Cloud Platform (GCP) remains a key business segment. […]
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Simpson Thacher & Bartlett and Kirkland & Ellis were top M&A legal advisers by value and volume in North America for Q1–Q3 2022, finds GlobalData

Simpson Thacher & Bartlett and Kirkland & Ellis were the top M&A legal advisers in the North American region for Q1–Q3 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData. GlobalData’s Financial Deals Database reveals that Simpson Thacher & Bartlett achieved its leading position by value by advising on $351.1 billion […]
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Goldman Sachs and Houlihan Lokey were top M&A financial advisers in North America by value and volume in Q1–Q3 2022, finds GlobalData

Goldman Sachs and Houlihan Lokey were the top M&A financial advisers in the North America region for Q1–Q3 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on its Financial Deals Database, the […]
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Cloud computing will benefit healthcare industry as it encourages trust and transparency between patients and healthcare providers, says GlobalData

Cloud computing is a growing trend in the healthcare industry, and one that is here to stay, according to GlobalData. The leading data and analytics company notes that this technology not only helps secure patient data but also strengthens transparency between healthcare institutions and their patients. Cloud services will help healthcare companies improve cybersecurity GlobalData’s […]
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BNY Mellon’s digital assets custodian platform will compete with established cryptocurrency exchanges, says GlobalData

Following the news that BNY Mellon has launched its own digital assets custodian platform, allowing some of its US clients to store and trade Bitcoin and Ethereum; Chris Dinga, Payment Analyst at GlobalData, a leading data and analytics company, offers his view: “The growing interest in the cryptocurrency sector is motivating institutions such as BNY Mellon […]
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Capital expense of orthopedic robots will continually drop due to fierce market competition, says GlobalData

While Intuitive Surgical holds the largest share of the general surgery robotics market, the orthopedic market is more crowded, with manufacturers including Stryker Mako, Zimmer Biomet ROSA RECON, DePuy Synthes VELYS, and Smith & Nephew CORI all battling for dominance, says GlobalData. The leading data and analytics company notes that this has resulted in a […]
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Sales of new Apple TV 4K will remain low as it fails to compete with rivals’ similar and cheaper devices, says GlobalData

Following Apple’s recent announcement of the new Apple TV 4K; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Compared to rival offerings, Apple’s TV lineup is lacking in diversification as it does not have its own competitively priced streaming stick, which would better compete with its competitors. By not […]
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Minerva’s schizophrenia treatment roluperidone faces many hurdles before FDA approval, says GlobalData

Minerva Neurosciences receiving a refusal to file letter from the Food and Drug Administration (FDA) regarding its new drug application for roluperidone for the treatment of negative symptoms in patients with schizophrenia is yet another obstacle to roluperidone’s development, says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Schizophrenia Market Size and […]
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Global military unmanned ground vehicles market to reach $732 million in 2032 driven by advancements in AI, says GlobalData

The global military unmanned ground vehicles (UGV) market is set to reach $732 million in 2032, growing at a compound annual growth rate (CAGR) of 4.4% between 2022 and 2032, according to GlobalData. The leading data and analytics company notes that the growth in research and development (R&D) towards incorporating advanced sensors, telecommunications, energy dense […]
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Direct crypto investments trump crypto exchange-traded funds for global HNW investors, says GlobalData

As larger players such as Fidelity and Charles Schwab come round to the idea of cryptocurrency, they are typically introducing crypto exchange-traded funds (ETFs). However, high-net-worth (HNW) investors remain keen to go direct into the asset class, according to GlobalData, a leading data and analytics company. Sergel Woldemichael, Senior Wealth Management Analyst at GlobalData, comments: “Cryptocurrency […]
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