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Saudi Arabia aims to achieve a sustainable energy mix, with solar and nuclear power potentially accounting for more than half of its power supply by 2040. Saudi Arabia Vision 2030 has undergone several revisions, most recently in 2023, raising the target to achieve 130GW of renewable power capacity by 2030. However, with only 13GW renewable […]
Political risk insurance to surge amid rising geopolitical tensions, says GlobalData
The US–Israel war with Iran is destabilizing much of the surrounding Middle East, with businesses such as hotels, data centers, and pipelines facing heightened risk of damage. Rising geopolitical tensions are set to drive a rapid increase in demand for political risk insurance, according to GlobalData, a leading intelligence and productivity platform. Geopolitical tensions have […]
Zoom’s agentic AI push strengthens platform competitiveness against aggressive rivals, says GlobalData
Zoom has introduced a host of agentic AI features spanning Zoom Workplace, Zoom Phone, and Zoom CX. At the heart of these features lies workflow automation embedded into meetings, calls, chat, and contact center interactions, which triggers action across an enterprise’s systems. The latest enhancements support Zoom’s positioning as a facilitator of communication and collaboration […]
Vietnam general insurance industry to surpass $5 billion by 2030, forecasts GlobalData
Vietnam’s general insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 9.9%, increasing from VND95.8 trillion ($3.7 billion) in 2026 to VND139.8 trillion ($5.2 billion) by 2030, in terms of gross written premium (GWP), according to GlobalData, a leading intelligence and productivity platform. GlobalData’s Insurance Database estimates that the Vietnamese […]
BAIC-Hesai partnership signals high-volume LiDAR adoption in China, says GlobalData
BAIC Group recently signed a contract with Hesai Technology to integrate its upgraded ATX system into its upcoming 2026 models. The partnership not only signals confidence in Hesai’s technical maturity but also underscores how regulatory approval of Level 3 autonomy in China is accelerating LiDAR’s role as a competitive differentiator. While the LiDAR field once […]
Growth and late-stage VC funding rounds expand faster than early-stage rounds in 2025, reveals GlobalData
The total number of venture capital (VC) deals with disclosed funding rounds registered modest growth in 2025 compared to the previous year, supported by an increase in volume of both early-stage (Seed and Series A) and growth and late-stage (Series B and beyond) rounds. However, the expansion was more pronounced in growth and late-stage rounds, […]
TrumpRx and Medicare highlight shifting pharma industry priorities, says GlobalData
The US administration’s TrumpRx initiative and a proposed Medicare incentive rule link drug pricing, tariff policy, and domestic manufacturing in a coordinated push to reshore pharmaceutical production, highlighting shifting industry priorities, says GlobalData, a leading intelligence and productivity platform. Launched in February 2026, TrumpRx enables cash-paying and uninsured patients to access selected branded medicines at […]
APAC VC activity softens in 2025, but mid-to-high value rounds gain ground, finds GlobalData
The Asia-Pacific (APAC) venture capital (VC) deal activity recorded a modest slowdown in 2025 compared with 2024. The total number of VC deals with disclosed funding value announced in the region fell by around 2% to 3,633 in 2025 compared to 3,722 transactions in the previous year. However, the number of mid-to-high value funding rounds […]
GlobalData reveals most-exposed countries and key damage channels as recession risk rises from Hormuz disruption
The US–Israel–Iran war is severely disrupting global energy and logistics markets, heightening recession and inflation risks. With the Strait of Hormuz heavily constrained and commercial shipping facing elevated threats, markets are extremely sensitive to supply losses, delays, and shifting geopolitical risk premiums. Oil and refined product prices remain volatile, while LNG, freight rates, and war-risk […]
Prolonged Middle East conflict to impact revenue growth of top MEA reinsurers, says GlobalData
The ongoing conflict in the Middle East is prompting reinsurers to rapidly reprice and recalibrate risk across many lines, with continuity of coverage and trade as primary objective, even amid rising instability. If the war continues for an extended period, it will impact the revenue growth of top reinsurers in the Middle East and Africa […]
UAE solar capacity to reach 32.3GW by 2035, forecasts GlobalData
The United Arab Emirates (UAE) is accelerating the expansion of its solar photovoltaic (PV) capacity as part of its long-term energy diversification strategy. Solar PV capacity in the country is forecast to increase from 6.7GW in 2025 to 32.3GW by 2035, registering a compound annual growth rate (CAGR) of over 17% during 2025-35, according to […]
Subaru-Infineon partnership to intensify OEM competition in ADAS, says GlobalData
The advanced driver-assistance systems (ADAS) sector is currently undergoing a phase of rapid transformation, driven by tighter safety regulations, growing consumer demand for more autonomous features, and the push toward electrified vehicle architectures. In this context, the recently announced partnership between Subaru and Infineon may signal a deeper shift. If successful, the collaboration could sharpen […]
Global renewable energy installed capacity to double to 8.4TW by 2031, forecasts GlobalData
Global renewable energy installed capacity is set to expand at a rapid pace over the next five years, driven by the high scalability of solar PV deployment, persistent cost deflation, and increasingly robust policy tailwinds. Worldwide renewable energy installed capacity is forecast to more than double, from 4.1TW in 2025 to 8.4TW by 2031, registering […]
BYD’s new charging technology to reshape competitive differentiation in EV market, says GlobalData
BYD has introduced its second-generation Blade Battery and FLASH Charging architecture, claiming it can charge from 10 % to 70 % in just five minutes and reach up to 97 % in nine minutes. With plans to deploy thousands of FLASH stations in China and preparations to roll out globally by the end of 2026, […]
UK Mother’s Day 2026 spend to rise as more consumers intend to shop despite flat budgets, says GlobalData
Ahead of UK Mother’s Day on 15 March 2026, more consumers plan to celebrate, but most intend to stick to what they spent last year – around £50. The proportion of UK consumers intending to buy, or who have already purchased, at least one item has edged up slightly to 57%, yet shoppers will be […]
Kazakhstan renewable power capacity to reach 12.9GW by 2035, forecasts GlobalData
Kazakhstan is gradually expanding renewable energy as part of its long-term strategy to diversify the national power mix and meet evolving energy transition objectives. The government aims to increase the share of renewable electricity generation to around 15% by 2030 and has outlined broader ambitions to expand low-carbon energy sources as part of its long-term […]
High-value VC deals rise in 2025 despite decline in overall deal volume, reveals GlobalData
The global venture capital (VC) funding activity in 2025 showcased a shift towards larger funding rounds, even as overall deal volume declined. The volume of high-value investments (>$100 million) increased by 25% in 2025 compared to the previous year, indicating that investors were pivoting towards higher-value opportunities, according to GlobalData, a leading intelligence and productivity […]
Oil price surge above $115 signals escalation from logistics shock to supply disruption in energy markets, says GlobalData
Following a surge in Brent and WTI prices above $115 a barrel on 9 March 2026, with Brent briefly nearing $120, its highest level in almost four years; Jaison Davis, Economic Research Analyst at GlobalData, a leading intelligence and productivity platform, comments: “GlobalData’s 2 March 2026 analysis said the escalating Gulf conflict could push oil […]
Model Medicines’ MDL-001 holds potential to strengthen pandemic preparedness across multiple infectious diseases, says GlobalData
Model Medicines presented an update on its lead candidate MDL-001 at the Biocom Global Partnering Conference in California, positioning the asset as a first-in-class oral direct-acting antiviral with demonstrated preclinical activity across various viral families, including respiratory, hepatic, and gastrointestinal viruses. With such a broad therapeutic spectrum, MDL-001 has potential to address unmet needs including […]
AI can be disruptive tool for efficient co-creation in fragrance industry, says GlobalData
The fragrance and flavor industry is undergoing a significant transformation, driven by the integration of artificial intelligence (AI) across various stages of product development. This technological revolution is reshaping how fragrance brands operate, enabling them to better meet consumer demands and streamline their processes, according to GlobalData, a leading intelligence and productivity platform. At the […]