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India to lead refinery alkylation capacity additions in Asia by 2028, says GlobalData

India is expected to lead Asia’s refinery alkylation unit capacity additions, contributing about 31% of the region’s total alkylation capacity additions between 2024 and 2028, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Refinery Alkylation Units Capacity and Capital Expenditure Outlook and Forecast with Details of All Operating and Planned Alkylation Units […]
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Tomahawk missile procurement will strengthen Japan’s deterrence capabilities, says GlobalData

Japan’s acquisition of Tomahawk cruise missiles, under a major foreign military sale (FMS) agreement with the US, follows a significant shift in the country’s military policy in recent years. The acquisition comes in light of North Korean and Chinese military buildup and increased activity in the Indo-Pacific region. The procurement of Tomahawk missiles will play […]
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GlobalData’s Technology Foresights reveals convergence of Meta’s GenAI and metaverse

Mark Zuckerberg, CEO of Meta Platforms, recently disclosed plans regarding the development of generative AI, with a specific emphasis on creating AI assistants tailored for businesses and content creators. With Meta’s main focus on the metaverse and a consistent track record of innovation in AI, the company is strategically positioned to deliver generative AI products […]
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eBPF open-source software to revolutionize observability market segment in 2024, says GlobalData

Since the shift to new application architectures, operations teams have struggled to merge the app modernization movement with traditional infrastructure, including network and security. Enterprises are demanding more effective and lightweight methods of extracting observability data on applications. Against this backdrop, eBPF’s major role in easing that process will revolutionize observability in 2024, says GlobalData, […]
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APAC automotive engine cooling systems market to record negative 1.0% CAGR over 2023-28, forecasts GlobalData

The Asia-Pacific (APAC) region boasts the world’s largest and most rapidly expanding automotive market. With a rising number of vehicles in the area, there is a parallel surge in the need for engine cooling systems. While radiators currently hold a prominent position in the sector, alternative methods such as thermoelectric cooling and direct liquid immersion […]
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Bank of America and Piper Sandler top M&A financial advisers in financial services sector in 2023, reveals GlobalData

Bank of America and Piper Sandler were the top mergers and acquisitions (M&A) financial advisers in the financial services sector in 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on […]
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PulseAI’s innovative AI algorithm poised to redefine cardiac health monitoring, says GlobalData

In a revolutionary stride towards advancing consumer electrocardiogram (ECG) diagnostics, Belfast-based medical technology company PulseAI unveiled a groundbreaking artificial intelligence (AI) algorithm, empowering individuals to proactively assess and understand their heart health with enhanced precision. This cutting-edge technology that combines AI with ECG data is poised to redefine the landscape of cardiac health monitoring, says […]
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Missile deal with Lockheed Martin to bolster Australia’s area denial capabilities, says GlobalData

The Australian Ministry of Defense (MoD) recently signed a $24.5 million deal with Lockheed Martin Australia to bolster its defense capabilities by locally manufacturing Guided Multiple Launch Rocket Systems (GMLRS) munitions. The missile deal is expected to boost the country’s area denial capabilities, according to GlobalData, a leading data and analytics company. GlobalData’s “The Global […]
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Innovative beverage alternatives gain traction in New Zealand as health concerns rise, says GlobalData

The New Zealand beverage industry is being reshaped, with more consumers abstaining from alcoholic drinks in favor of healthy alternatives. This trend is particularly high among Gen-Z consumers, 40% of whom state that they no longer consume alcohol/never have consumed alcohol*, according to GlobalData, a leading data, and analytics company. Tim Hill, Key Account Director […]
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India coronary drug eluting stents market to register 4% CAGR through 2033, forecasts GlobalData

Already known as the heart disease capital of the world, India is seeing a growing incidence of cardiovascular diseases, especially among young adults, owing to a poor lifestyle. Driven by the growing incidence of coronary artery diseases, improved access to the latest treatment options, higher diagnosis rates, and technological advancements, the coronary drug eluting stents […]
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