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shankar besta

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  • Author: shankar besta

Japan looks to maintain interoperability with US and NATO countries, says GlobalData

Japan has been investing significantly in the modernization of its defense capabilities over the past few years, owing to its perceived threats from North Korea and China. The country’s government also allocated an additional supplementary budget in 2023 to prioritize its defense modernization programs to integrate advanced technologies and weapons into the existing fleet of […]
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Fierce competition stokes product innovation and price wars among Chinese café operators, says GlobalData

Multinational and regional café chains have rapidly proliferated across Mainland China over the last two decades. As the top-tier cities become saturated, more café chain operators, including Luckin Coffee and Starbucks, are expanding into smaller towns. However, intensifying competition is accelerating product innovation and triggering price wars among these operators. As per-outlet revenues are squeezed, […]
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APAC automotive steering systems market to expand at 2.7% CAGR over 2023-28, forecasts GlobalData

The automotive industry has hastened the electrification of many typical mechanical systems to meet the demand for lower emissions. Many things have been electrified—from supercharging to power steering—to cut emissions while also improving safety, streamlining processes, and the driving experience. Additionally, combining electronic power steering with other fuel-efficient technology can improve a vehicle’s fuel efficiency. […]
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Safeguarding patient privacy plays critical role in healthcare digital transformation, says GlobalData

The pandemic and quarantine measures prompted a growth in telemedicine as well as a general increase in the usage of digital technologies across the board. However, if cybersecurity and data protection are not given top priority in the technological infrastructures of the healthcare industry and medical device manufacturers, the possibility of the exposure of private […]
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Zocdoc’s new initiative could lead to improved adherence to treatment plans in telemedicine, says GlobalData

The COVID-19 pandemic brought on an unprecedented transformation in the healthcare landscape, with one of its most impactful and enduring effects taking place with the rapid growth of telemedicine. Zocdoc, a healthcare technology platform, is making waves in the healthcare industry with a new initiative, a free suite of tools meant to assist healthcare professionals […]
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APAC automotive braking systems market to record 2.8% CAGR over 2023-28, forecasts GlobalData

Due to an increase in sales of hybrid and electric vehicles, there is a great demand for brake-by-wire technology and other cutting-edge automotive brake systems. As a result, manufacturers are moving away from electrohydraulic technology and shifting towards brake-by-wire. By making anti-lock braking systems (ABS) standard equipment in all new passenger vehicles, several emerging nations […]
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North America to dominate global renewable refinery capacity additions through 2027, says GlobalData

Globally, the consumption of renewable fuels is increasing amid growing environmental concerns about the usage of fossil fuels and government policies supporting renewable fuels. As a result, global renewable refinery capacity additions are growing rapidly, with North America set to witness the highest capacity additions among all the regions, forecasts GlobalData, a leading data and […]
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Forxiga looking for expanded approval to differentiate in HF space fails in DICTATE-AHF trial, says GlobalData

At the 2023 European Society of Cardiology (ESC) Congress, study results found that early initiation of Forxiga (dapagliflozin) failed to improve diuretic efficiency in hospitalized patients with acute decompensated heart failure (ADHF). Specifically, the DICTATE-AHF trial set out to evaluate whether early initiation of Forxiga within the first day of hospitalization could optimize guideline directed […]
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Leading food and beverage companies set sights on Asia’s lucrative egamer market, says GlobalData

Food and beverage companies are targeting Asia’s lucrative electronic games (egames) market by rolling out customized functional products and sponsoring esports events in collaboration with leading game developers. Opportunities are rife for such products in China, which by itself is a $50 billion-plus market for mobile, personal computer, console, and cloud gaming software, as well […]
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Asian food and drink makers diversify functional offerings to suit changing consumer needs, says GlobalData

The COVID-19 outbreak gave a fillip to functional and fortified foods and beverages such as vitamin drinks that claim to boost immunity against infections. However, with the pandemic waning, manufacturers are turning their attention to other functional attributes beyond immunity boosters. Additionally, Asian food manufacturers are striving to expand their portfolio of functional offerings, going […]
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Modernization programs to drive global artillery systems market to $16.6 billion by 2033, forecasts GlobalData

As part of the replacement and modernization efforts of legacy artillery systems, countries across the globe have initiated multiple programs for the development and procurement of modern artillery systems with superior targeting capabilities. This will drive worldwide cumulative spending on artillery systems to $153 billion between 2023 and 2033, driving the global market for artillery […]
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