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Despite advances in biologic therapies for severe asthma, significant unmet needs in asthma management remain, specifically with T-helper cell type 2 (T2)-low asthma, a subtype lacking typical inflammatory biomarkers. T2-low asthma presents unique challenges due to the absence of eosinophils and immunoglobulin E (IgE), which complicates both diagnosis and treatment. Insights from experts in the […]
Thailand telecom and pay-TV services revenue to increase at 2.8% CAGR over 2024-29, forecasts GlobalData
The telecom and pay-TV services revenue in Thailand is expected to increase at a compound annual growth rate (CAGR) of 2.8% from $9.8bn in 2024 to $11.2bn in 2029, primarily driven by the mobile broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Thailand Telecom Operators Country Intelligence Report reveals that mobile voice service […]
China VC funding down by 22.5% YoY to $32.3 billion during January-November 2024, reveals GlobalData
A total of 2,313 venture capital (VC) funding deals were announced in China during January-November 2024, while the total disclosed funding value of these deals stood at $32.3 billion. This represents a year-on-year (YoY) decline of 23.1% in VC deal volume, whereas the total disclosed funding value fell by 22.5%, according to GlobalData, a leading […]
One Blck will allow Swiggy to differentiate in competitive Indian food delivery market, says GlobalData
Swiggy, one of India’s leading food ordering and delivery platforms, launched One Blck, an invitation-only membership program tailored for those who prioritize premium convenience and service. This move will not only help Swiggy to differentiate its services in a competitive market but also strengthen customer retention and loyalty by providing premium benefits including faster deliveries […]
South Korea telecom and pay-TV services revenue to increase at 1.9% CAGR over 2024-29, forecasts GlobalData
The telecom and pay-TV services revenue in South Korea is expected to increase at a compound annual growth rate (CAGR) of 1.9% over the forecast period 2024-2029 from $32.3bn in 2024 to $35.4bn in 2029, supported by strong growth in the mobile broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s “South Korea Telecom […]
AI holds potential to help identify and manage atopic dermatitis, says GlobalData
Effective management of atopic dermatitis (AD) has been one of the top priorities for physicians over the years, as quality of life in these patients is compromised due to the disruptive symptoms that they experience, which include itchiness and skin inflammation. As diagnosis of AD is primarily clinical, it may be subjective, resulting in variability […]
Carlton & United Breweries most active and largest sports spending alcoholic beverages brand in APAC in 2024, reveals GlobalData
Carlton & United Breweries has 16 sports sponsorship deals across the Asia-Pacific (APAC) region. The Australian brewing company has the largest alcoholic beverages deal in the region, this being Carlton Draught’s partnership with the Australian Football League (AFL). The brewing company also has partnerships with the National Rugby League (NRL), and notably, 13 of their […]
APAC closes 2024 as global leader in IPO market with over 600 public issues, reveals GlobalData
Asia-Pacific (APAC) topped the global initial public offering (IPO) market, with 604 companies going for public issues to raise a total of $33.9 billion for the calendar year 2024. The remarkable performance was driven by strong market sentiment, a favorable macroeconomic environment, and a surge in investor interest fueled by fear of missing out (FOMO), […]
Japan’s food replicas redefine culinary experiences for tourists and locals, says GlobalData
The growing interest in hyper-realistic replicas of food is beyond a culinary trend. It is changing a cultural phenomenon, and the way tourists and food lovers experience the Japanese cuisine. These replicas are beautiful models that have been made to display menu items in the restaurant windows, and they have now become immersive attractions that […]
Indian pharma companies focus on innovative research in foreign countries through dedicated entities, says GlobalData
Indian pharma players have increased their focus on innovative research and development (R&D). Historically, the majority of Indian companies used to execute their innovative research and development (R&D) from India. However, Indian companies have started establishing dedicated research companies in Western countries as well. Against this backdrop, the success of these dedicated research companies will […]
Oil & gas industry sees non-US hiring gaining momentum amid overall decline in jobs, says GlobalData
The oil & gas industry has seen a dip in active jobs (jobs open for hiring) in 2024, but hiring trends remain relatively better compared to pre-COVID levels. In 2024, countries with high job postings in the industry included the US, India, and the UK, while countries with high year-on-year (YoY) growth in job postings […]
Meal deals become mainstay of QSR operations in APAC, says GlobalData
Meal deals have emerged as a significant offering in the foodservice sector, particularly at quick-service restaurant (QSR) establishments, where they are characterized by a combination of a main item such as a burger or a sandwich, a snack, and a beverage, sold in combination at a lower price than the sum of the individual items. […]
APAC exhaust and ICE after-treatment market to decline at negative 2% CAGR over 2024-29, forecasts GlobalData
As environmental sustainability concerns continue to grow, electrification has become a key focus for governments worldwide, with the Asia-Pacific (APAC) region at the forefront of this transition. China, being the largest market for electric vehicles (EVs), is leading the charge, while other Asian nations such as Japan, South Korea, India, and Indonesia are implementing policies […]
2024 Davis Cup Finals generates estimated $11.89 million in sponsorship revenue, reveals GlobalData
The 2024 Davis Cup Finals saw partnerships from 16 brands, with UniCredit securing the most substantial agreement in terms of annual value among the sponsors. The partnership, which was announced in June 2024 and is set to continue until the end of the 2026 season, sees UniCredit serve as the official banking partner of the […]
US VC funding reaches $125 billion during January-November 2024, finds GlobalData
The US-based startup ecosystem witnessed announcements of a total of 4,463 venture capital (VC) deals during January to November 2024 with a disclosed funding value of $125 billion, marking a significant year-on-year (YoY) improvement in total funding value despite a decline in the number of VC deals volume, according to GlobalData, a leading data and […]
Singapore PA&H insurance industry to surpass $8 billion by 2029, forecasts GlobalData
Personal accident and health (PA&H) insurance in Singapore is expected to grow at a compound annual growth rate (CAGR) of 6.6% from SGD8.5 billion ($6.2 billion) in 2024 to SGD11.7 billion ($8.6 billion) in 2029, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company. GlobalData’s Insurance Database, reveals that […]
Quality remains top priority for parents in purchasing baby care products in APAC, says GlobalData
Growth in the Asia-Pacific (APAC) region is projected to slow over the next few years, impacted by an ageing population, trade tensions, and greater policy uncertainty. However, parents’ focus on the quality of ingredients used in baby care and childcare products remains high despite concerns over their financial situation. Aligning with this, 37% of respondents […]
Domino’s ad strategy focuses on indulgence, customization, and convenience to enhance customer experience, reveals GlobalData
The advertising strategy for Domino’s Pizza Inc (Domino’s) from 1st September to 30th November 2024 effectively captured audience attention by emphasizing indulgent food experiences, customizable options, and cost-effective deals according to the Global Ads Platform of GlobalData, a leading data and analytics company. The brand leverages its expertise in comfort food, creative promotions, and relatable […]
AD 12-month diagnosed prevalent cases to reach 42.42 million in 7MM by 2033, forecasts GlobalData
The burden of 12-month diagnosed prevalent cases of atopic dermatitis (AD) is forecast to increase at an annual growth rate (AGR) of 0.10% from around 42.02 million cases in 2023 to 42.42 million cases in 2033 in the seven major markets (7MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Atopic […]
2024 World Series to generate estimated $814.80 million in sponsorship revenue, reveals GlobalData
With 47 brands sponsoring the 2024 World Series, the competition’s largest sponsorship deal in terms of annual value is joint between both Nike and SeatGeek, both worth a reported $100 million each. SeatGeek has agreed a five-year deal to become the official secondary ticket marketplace of MLB, as of the 2023 season. Nike has agreed […]