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Automotive

APAC automotive suspension systems market to expand at 1.0% CAGR over 2023-28, forecasts GlobalData

Automotive suspension systems have evolved over the years in response to changing consumer demands and advancements in technology. With the increasing disposable income of people in the Asia-Pacific (APAC) region, sales of passenger cars are rising, leading to a higher demand for suspension systems in the region. Furthermore, consumer preference for improved driving experiences and […]

Insurance

UK election manifestos unlikely to alter demand for private medical insurance, says GlobalData

Following the news that the Conservative Party and Labour, among other political parties, are putting the NHS at the heart of their manifestos ahead of the upcoming UK general election; Beatriz Benito, Lead Insurance Analyst at GlobalData, a leading data and analytics company, offers her view: “The demand for private medical insurance (PMI) will not […]

Pharma

Beacon Therapeutics’ AGTC-501 holds potential to become first gene therapy in XLRP space, says GlobalData

Beacon Therapeutics initiated the final leg of the race for its lead asset, AGTC-501 (laruparetigene zovaparvovec), announcing recently that the company has treated its first patient in the pivotal trial, VISTA. Currently, the only retinitis pigmentosa therapy on the market is Spark Therapeutics’ Luxturna (voretigene neparvovec), a retinoid isomerohydrolase activator, indicated for patients with confirmed […]

Medical Devices

Australia sacral nerve stimulators market to grow at 5% CAGR through 2033, forecasts GlobalData

The increasing prevalence of overactive bladder, fecal incontinence, and chronic pelvic pain is fueling a surge in demand for sacral nerve stimulators in Australia. Against this backdrop, the sacral nerve stimulators market in Australia is set to grow at a compound annual growth rate (CAGR) of 5% between 2023 and 2033, forecasts GlobalData, a leading […]

Insurance

Thailand general insurance industry to reach $10.9 billion by 2028, forecasts GlobalData

The Thailand general insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 4.5% over 2024–28, from THB310.9 billion ($9 billion) in 2024 to THB370.8 billion ($10.9 billion) in 2028, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. GlobalData’s Insurance Database reveals that […]

Business Fundamentals

APAC deal activity down by 9.9% YoY during January-May 2024, reveals GlobalData

A total of 5,655 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced in the Asia-Pacific (APAC) region during January-May 2024, which was a decline of 9.9% compared to the 6,274 deals announced during the same period in the previous year, according to GlobalData, a leading data and analytics company. […]

Retail

DFS profit warning reiterates difficult upholstery market, says GlobalData

Following the news that DFS has announced a profit warning; Matt Walton, Senior Data Analyst at GlobalData, offers his view: “The disruption in deliveries through the Red Sea has been the main driver behind this profit warning but DFS has also experienced a significant cooling in demand as shoppers cut back sharply on non-essential purchases. […]

Oil & Gas

India likely to add over 9 mtpa of urea capacity by 2030, says GlobalData

India is likely to witness urea capacity additions of 9.28 million tonnes per annum (mtpa) between 2024 and 2030, from six new build and two expansion projects, contributing about 14% of the global capacity additions, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Urea Capacity and Capital Expenditure Outlook by Region, Countries, […]

Pharma

China’s Innovent holds potential to change pancreatic cancer treatment landscape with bispecific antibody IBI389, says GlobalData

China-based Innovent Biologics recently presented Phase I study results of its first-in-class anti-CLDN18.2/CD3 bispecific antibody (IBI389) for the treatment of advanced pancreatic cancer at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting. Preliminary results from the Phase I study (NCT05164458) of IBI389 demonstrated promising efficacy in pancreatic ductal adenocarcinoma (PDAC) and the bispecific […]

Business Fundamentals

Global deal activity falls by 19.6% YoY during January-May 2024, reveals GlobalData

A total of 19,642 deals comprising mergers & acquisitions (M&A), private equity, and venture financing were announced globally during January-May 2024, which is a decline of 19.6% compared to the announcement of 24,441 deals announced during January-May 2023, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database showed that […]

Power

China to reach 2030 solar and wind energy target five years ahead of schedule, says GlobalData

China’s solar photovoltaic (PV) capacity reached 609.5 GW in 2023, while its onshore and offshore wind capacity stood at 408.1 GW and 37.7 GW, respectively. The country is on track to surpass its 2030 target by a significant margin, achieving this milestone five years ahead of schedule in 2025. By that year, it is anticipated […]

Pharma

Moderna’s COVID-19/influenza vaccine phase III data highlights potential of mRNA technology for infectious diseases, says GlobalData

Moderna has announced positive Phase III data for its COVID-19/influenza combination vaccine, mRNA-1083. The investigational combination mRNA vaccine generated statistically significant higher immune responses in relation to the licensed comparator vaccines used in the randomized, observer-blind, active control study among 8,000 adults aged 50 years and older. This development comes less than two weeks after […]

Disruptor, Technology

Space robotics poised to see explosive growth, reveals GlobalData’s Technology Foresights

Five years ago, NASA launched a mission straight out of a sci-fi blockbuster by deploying its robotic system, Astrobees, on the International Space Station (ISS) to assist astronauts with repair and maintenance. Fast forward to today, and space robotics has taken a giant leap forward, becoming a hotbed of innovation and investment. This burgeoning field […]

Banking

China card payments market to reach nearly $20 trillion in 2024, forecasts GlobalData

The Chinese card payments market is expected to grow by 3.7% to reach CNY141.1 trillion ($19.9 trillion) in 2024, supported by a constant consumer shift towards non-cash payments, says GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payments value in China reached CNY136.0 trillion ($19.2 trillion) in 2023, registering […]

Technology

Cisco demonstrates great strength in collaboration, says GlobalData

Following the news that Cisco announced new capabilities for collaboration targeting both hybrid work and contact centers at Cisco Live 2024; Gregg Willsky, Principal Analyst, Enterprise Technology and Services at GlobalData, a leading data and analytics company, offers his view: “Cisco is moving the needle in a meaningful way on both the hybrid work and […]

Technology

Zoom seeks to reach new heights with enhanced offerings, says GlobalData

Following the news that Zoom detailed the latest concerning their vision, strategy, and flagship offers at Zoom Perspectives 2024; Gregg Willsky, Principal Analyst, Enterprise Technology and Services at GlobalData, a leading data and analytics company, offers his view: “Zoom has been working to grow the number of customers and increase their spend. Total revenue has […]

Power

Renewable energy to dominate Italy’s power generation mix by 2035, says GlobalData

The Russian invasion of Ukraine has had a profound impact on the global energy market. The over reliance of European nations on Russian fossil fuels has posed a significant challenge to supply security. Italy, as one of the largest importers of natural gas, sourced 40% of its gas from Russia until 2021. However, in 2022, […]

Insurance

UAE general insurance industry to reach $12.4 billion by 2028, forecasts GlobalData

The United Arab Emirates (UAE) general insurance industry is set to grow at a compound annual growth rate (CAGR) of 4.7% from AED37.8 billion ($10.3 billion) in 2024 to AED45.5 billion ($12.4 billion) in 2028, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Insurance Database, […]

Strategic Intelligence

Trump 2.0 will focus on tax cuts, while Biden 2.0 to prioritize meeting first-term agenda, says GlobalData

In the most anticipated political event of the year, the US presidential elections will see two generally unpopular candidates, Joe Biden and Donald Trump, battle for America’s vote. Election coverage has largely focused on each candidate’s unfavorable traits and left little room to discuss the wider implications should they win. A second term for Biden […]

Pharma

Climate change to drive growth in multiple sclerosis market, says GlobalData

A June 2024 literature review, published in the Lancet Neurology, by Sisodya and colleagues revealed that climate change has the potential to intensify multiple sclerosis (MS) symptoms. The collated evidence aligns with GlobalData’s MS epidemiology and market forecast, which anticipates an uptick in the prevalence and disease severity of MS. The rise of a more […]

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APAC automotive suspension systems market to expand at 1.0% CAGR over 2023-28, forecasts GlobalData

UK election manifestos unlikely to alter demand for private medical insurance, says GlobalData

Beacon Therapeutics’ AGTC-501 holds potential to become first gene therapy in XLRP space, says GlobalData

Australia sacral nerve stimulators market to grow at 5% CAGR through 2033, forecasts GlobalData

Thailand general insurance industry to reach $10.9 billion by 2028, forecasts GlobalData

APAC deal activity down by 9.9% YoY during January-May 2024, reveals GlobalData

DFS profit warning reiterates difficult upholstery market, says GlobalData

India likely to add over 9 mtpa of urea capacity by 2030, says GlobalData

China’s Innovent holds potential to change pancreatic cancer treatment landscape with bispecific antibody IBI389, says GlobalData

Global deal activity falls by 19.6% YoY during January-May 2024, reveals GlobalData

China to reach 2030 solar and wind energy target five years ahead of schedule, says GlobalData

Moderna’s COVID-19/influenza vaccine phase III data highlights potential of mRNA technology for infectious diseases, says GlobalData

Space robotics poised to see explosive growth, reveals GlobalData’s Technology Foresights

China card payments market to reach nearly $20 trillion in 2024, forecasts GlobalData

Cisco demonstrates great strength in collaboration, says GlobalData

Zoom seeks to reach new heights with enhanced offerings, says GlobalData

Renewable energy to dominate Italy’s power generation mix by 2035, says GlobalData

UAE general insurance industry to reach $12.4 billion by 2028, forecasts GlobalData

Trump 2.0 will focus on tax cuts, while Biden 2.0 to prioritize meeting first-term agenda, says GlobalData

Climate change to drive growth in multiple sclerosis market, says GlobalData

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