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The rising tensions with North Korea, coupled with China’s increasing assertiveness, have necessitated South Korea to bolster its military capabilities and readiness. These strategic enhancements include investments in advanced weapons systems, military preparedness, and fortification of cybersecurity infrastructure. In light of these developments, the country has allocated $222 billion for the period from 2021 to […]
US VC funding more than doubles to $89 billion YoY during January-April 2025, finds GlobalData
The venture capital (VC) landscape in the US has demonstrated remarkable resilience and growth in funding value in early 2025, despite a slight decline in deal volume. Between January and April 2025, the US recorded a modest decrease of around 4% in VC deal volume compared to the same period in 2024. Despite the fall […]
FIFA and Wanda Group partnership largest annual sponsorship deal in construction and real estate sector, reveals GlobalData
In 2016, Wanda Group signed a 15-year deal, which sees the brand serve as a top-tier FIFA partner. Under the agreement, Wanda secured rights to all FIFA competitions and corporate activities, extending through the 2030 World Cup, with a deal value reported to be approximately $56.57 million per year. Alongside the brands’ partnership with FIFA, […]
US health insurance uptake faces uncertainty amid Trump’s policies, says GlobalData
Fewer than half of low-income individuals in the US have private health insurance*. Trump’s politics bring uncertainties to the pharmaceutical industry, which will likely translate into higher health insurance rates for consumers, potentially pricing out Americans with lower disposable income, while leaving others underinsured, according to GlobalData, a leading data and analytics company. According to […]
Supply chain remains resilient in M&A landscape despite 13% YoY fall in deal value in Q1 2025, reveals GlobalData
Amid the impact of heightened geopolitical uncertainties and low growth across all the major economies, the first quarter of 2025 saw an overall decline in mergers and acquisitions (M&A) deal value of 13% compared to the same quarter in 2024. Supply chain resilience was the single most important theme, with $84 billion in supply chain-related […]
Tezepelumab’s trial results strengthen potential for biomarker-driven biologic therapies in COPD, says GlobalData
Tezepelumab, a thymic stromal lymphopoietin (TSLP) inhibitor developed by AstraZeneca and Amgen, demonstrated significant reductions in chronic obstructive pulmonary disease (COPD) exacerbations among eosinophilic subgroups, regardless of chronic bronchitis status, according to new post hoc findings presented at the 2025 American Thoracic Society (ATS) International Conference. These results further support the potential for biomarker-driven biologic […]
2025 Masters Tournament generates estimated sponsorship revenue of $60.45 million, reveals GlobalData
The 2025 Masters Tournament featured seven sponsors, with the Bank of America serving as the sole new sponsor for the year’s edition, distinguishing it from the previous year’s roster of sponsors. The Bank of America has agreed to serve as the Champion partner of the Masters’ Tournament. The partnership, which has been confirmed for the […]
Malaysia general insurance industry to surpass $7 billion by 2029, forecasts GlobalData
The general insurance industry in Malaysia is projected to grow at a compound annual growth rate (CAGR) of 6.6% from MYR24.6 billion ($5.5 billion) in 2025 to MYR31.8 billion ($7.2 billion) by 2029, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company. GlobalData’s Insurance Database estimates the Malaysian […]
GlobalData highlights potential impact of US tariffs on medical tourism
US trade policy has seen notable changes recently, particularly with regard to import tariffs on countries such as China. Though these policies are usually justified by economic and geopolitical considerations, they also impact other areas, including the medical device industry and, more specifically, medical tourism. One growing outcome is how these tariffs are affecting medical […]
Coinbase’s S&P 500 inclusion sparks optimism among influencers about cryptocurrency future, reveals GlobalData
Coinbase Global Inc. has garnered significant attention among social media influencers in the middle of May 2025, following the announcement of its upcoming inclusion in the S&P 500 index, marking the first instance of a cryptocurrency company being represented in this widely followed market benchmark. The shift from niche status to institutional recognition reflects a […]
ICON retains lead as most active CRO in Q1 2025, reveals GlobalData
ICON maintains its place as the most active contract research organization (CRO) for Q1 2025 and Russia keeps its spot with the most clinical trials initiated in Europe despite the ongoing war with Ukraine, according to a report by GlobalData, a leading data and analytics company. GlobalData’s latest report “Q1 2025 Clinical Trials: CRO, Sponsor […]
Gene therapies drive growth of genomics market, says GlobalData
The integration of genomics into the pharmaceutical industry has allowed researchers to better understand the genetic factors underlying diseases, leading to the development of more targeted and effective therapies. Many of these therapies are designed to treat rare diseases that affect small patient populations. Generating $2.6 billion in sales in 2024, gene therapies are the […]
Record-breaking FDA biosimilar approvals to create opportunities for drug developers and manufacturers, says GlobalData
FDA biosimilar approvals reached a record 19 in 2024, with projections indicating that 2025 could surpass this milestone trend. This presents a golden opportunity for Contract Manufacturing Organizations (CMOs) specializing in biologics, as more blockbuster drugs approach patent expiration and regulatory barriers to entry diminish, says GlobalData, a leading data and analytics company. Kathryn Kinch, […]
Hong Kong (China SAR) general insurance industry to reach $10.9 billion by 2029, forecasts GlobalData
The general insurance industry in Hong Kong (China SAR) is projected to grow at a compound annual growth rate (CAGR) of 5.1% from HKD69.9 billion ($8.9 billion) in 2025 to HKD85.4 billion ($10.9 billion) by 2029, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s […]
China to drive global ethylene capacity additions through 2030, says GlobalData
China is set to drive the global ethylene capacity additions, occupying a share of more than 36% by 2030, as both demand and supply of ethylene are expected to grow in the country, according to GlobalData, a leading data and analytics company. GlobalData’s latest report “Ethylene Market Analysis and Forecast by Products, Capacity Additions, Top […]
Top EMEA banks see revenue surge in 2024 despite rate cuts and turmoil, finds GlobalData
The top 20 Europe, Middle East, and Africa (EMEA) banks saw a healthy 14% increase in combined revenue from $1.4 trillion in 2023 to $1.6 trillion in 2024, despite a challenging macroeconomic landscape defined by geopolitical friction, rate normalization, and tariff uncertainties, reveals GlobalData, a leading data and analytics company. Murthy Grandhi, Company Profiles Analyst […]
Tariff-related disruptions to outweigh other oil and gas themes, says GlobalData
US tariffs and energy security are expected to remain the focal points for oil and gas trade in 2025. Tariff-induced trade tensions might exert downward pressure on the US and global economy in the near term, potentially affecting the energy demand. It is therefore important for the industry to assess the impact of macroeconomic themes […]
Samsung’s slim phone offers distinctly marketable feature among obscure AI use cases, says GlobalData
Following the news that Samsung has launched the slim Galaxy S25 Edge phone; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Samsung‘s Galaxy S25 Edge is a slim design that will redefine market standards amid competitive pressures. The phone’s sleek profile, measuring just 5.8 mm, stands out […]
US tariffs could accelerate supply chain diversification in medtech sector, says GlobalData
The US Trade Representative’s (USTR) plan to reinstate Section 301 tariffs targets Class I and II medical devices, including orthopedic instruments frequently sourced from China. The move is expected to lead to a rise in cost pressures and supply chain risks in the medtech sector. As such, tariff pressures could accelerate supply chain diversification and […]
Starlink’s partnership strategy will benefit both telco expansion and underserved customers in India and Africa, observes GlobalData
Airtel Africa is the latest in the line of telecoms operators partnering with LEO (low-earth orbit) operator Starlink to expand its reach and services. The deal was facilitated by parent company Bharti Airtel, which struck its own agreement with Starlink in India in March. The tie-up between Airtel and Starlink will benefit both companies as […]