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Jefferies and Bank of America were the top mergers and acquisitions (M&A) financial advisers in the automotive sector for Q1 2021 by value and volume, respectively. Jefferies advised on one deal worth US$6bn, the highest value among all the advisers. Meanwhile, Bank of America led in volume terms having advised on three deals worth US$5.5bn. […]
Small cell lung cancer diagnosed incident cases set to reach 240,000 in 2029, says GlobalData
The burden of diagnosed small cell lung cancer (SCLC) is expected to increase at an annual growth rate (AGR) of 3.5% from around 180,000 cases in 2019 to 240,000 cases in 2029 in the eight major markets (8MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Small Cell Lung Cancer: Epidemiology […]
Parkinson’s disease market to reach $11.5bn by 2029 in the 7MM driven by novel pipeline agents, says GlobalData
The Parkinson’s disease (PD) market is expected to see significant growth in the 7MM*, with the decade starting 2019 seeing an impressive 12.6% compound annual growth rate (CAGR), according to GlobalData. The leading data and analytics company notes that this growth is largely driven by the launch of 17 new pipeline products, which are set […]
Lemonade well-positioned to capitalize on motor insurance post-COVID-19 with its digital and value-first approach, says GlobalData
Lemonade’s digital and value-first approach is well-suited to the post-pandemic world and provides an opportunity for the insurer to capitalize on the motor industry, says GlobalData, a leading data and analytics company. GlobalData’s UK Insurance Consumer Survey found that a more flexible and digital motor insurance policy, like the one that Lemonade is likely to […]
COVID-19 pandemic wiped out $4.8bn in the orthopedic market in 2020, says GlobalData
The global orthopedic market has lost over $4.8bn in revenue since the outbreak of COVID-19. The market was worth over $48.4bn prior to COVID-19, with a compound annual growth rate (CAGR) of 2.8%. However, the market has since been affected by lower levels of elective procedures and has decreased by around 10% to $43.6bn in […]
AI is viewed as a game changer by businesses, GlobalData poll shows
Artificial intelligence (AI) is expected to be the most disruptive emerging technology, according to the latest report from GlobalData, a leading data and analytics company. In response to a poll by the company, 65% of respondents stated that AI would disrupt their industries, ahead of cybersecurity (57%), and IoT and cloud computing (both on 55%). […]
Ghana GRIDCo and CSquared partnership supports much needed expansion of the fiber network in Ghana, says GlobalData
Following the news that Ghana Grid Company (GRIDCo) and fiberco CSquared announced a partnership that allows CSquared to lease GRIDCo’s excess fiber lines; Madison Galati, Technology Market Data & Intelligence Analyst at GlobalData, a leading data and analytics company, offers her view on the partnership: “The fixed broadband market in Ghana is severely limited, only […]
AbbVie challenges J&J with Skyrizi PsA submission, says GlobalData
In early April, AbbVie announced its submission to the US FDA for its selective interleukin (IL)-23 inhibitor, Skyrizi (risankizumab), for the indication of psoriatic arthritis (PsA). If approved, Skyrizi would be the second inhibitor available for the disease, however, Skyrizi is entering an increasingly crowded and competitive field with numerous existing branded agents and biosimilars […]
Investments into data analytics set to pick up pace as it remains a key insurance theme, says GlobalData
The COVID-19 pandemic hit investor confidence and halted business, which led to investments into big data declining, but it is a temporary decline and the theme remains critical to insurance, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thematic Research: Big Data in insurance’, reveals that the value and volume of […]
Demand for long-haul travel is greater than expected, according to GlobalData
Despite travel restrictions caused by COVID-19, it appears that consumer confidence has not been deterred too drastically, as a recent survey by GlobalData, a leading data and analytics company, revealed that 36% of respondents stated that they would consider an international trip to a different continent in the next 12 months, which is eight percent […]
Increasing regulatory risks affected valuation of some major global technology companies in Q1 2021, says GlobalData
Despite poor performance by Apple and Amazon, the FAAMG group (Facebook, Amazon, Apple, Microsoft and Google) added over $80bn in valuation in Q1 2021 Semiconductor companies’ Market Capitalization (MCap) increased over $200 billion The overall MCap of the top 25 global technology* companies increased 3% in Q1 2021 despite the fact that Apple and Amazon […]
flypop must not repeat Norwegian’s long-haul flaws, says GlobalData
With the appetite for low-cost flights rising, now could be the best time for airlines to enter the low-cost, long-haul market: especially for those targeting travellers visiting friends and relatives. However, flypop’s intention of operating an all-economy class aircraft without a premium cabin could be a barrier to success, says GlobalData, a leading data and […]
Apple’s privacy changes will dramatically impact the online advertising industry, says GlobalData
Following the news that Apple is releasing its long-awaited update to restrict tracking by advertisers; Laura Petrone, Senior Analyst in the Thematic Research team at GlobalData, a leading data and analytics company, offers her view: “Apple’s iOS 14.5 update will dramatically impact the whole online advertising industry, as many people are unlikely to allow apps […]
North America dominated VC funding landscape in Q1 2021 while EMEA region registered significant growth, finds GlobalData
Global venture capital (VC) funding witnessed moderate growth during the first quarter (Q1) of 2021 with North America continuing to attract the highest number of investments, while Europe and Middle East and Africa (EMEA) region witnessed significant growth in deals volume as well as corresponding share, according to GlobalData, a leading data and analytics company. […]
Toyota fast-tracks autonomous vehicle plans with Lyft’s Level 5 acquisition, says GlobalData
Following the news that Toyota Motor’s tech investment arm Woven Planet Holdings has agreed to acquire shared mobility giant Lyft’s self-driving vehicle division Level 5 for US$550m; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The move comes a week after the company announced electrification […]
Skadden, Arps, Slate, Meagher & Flom and Watson Farley & Williams top M&A legal advisers by value and volume in power sector for Q1 2021, finds GlobalData
Skadden, Arps, Slate, Meagher & Flom and Watson Farley & Williams were the top mergers and acquisitions (M&A) legal advisers in the power sector for Q1 2021 by value and volume, respectively. Skadden, Arps, Slate, Meagher & Flom advised on eight deals worth US$19.1bn, which was the highest value among all the advisers. Meanwhile, Watson […]
Intrepid solidifies leading position in responsible travel with decarbonization efforts, says GlobalData
Intrepid’s impressive efforts to reduce the impact that its tours have on the environment will appeal to increasingly environmentally conscious travelers. Even with the prospect of longer journey times, the move will be attractive to those seeking an experience-led and eco-friendly trip, solidifying Intrepid as a leader in responsible travel, says GlobalData, a leading data […]
Pharma industry investments in blockchain decreased in 2020 as organizations shifted priorities during COVID-19 pandemic, says GlobalData
Despite considerable improvements that blockchain could bring to the pharmaceutical sector, this technology-related revolution has not quite happened yet. While COVID-19 accelerated digital transformation in the pharmaceutical industry, blockchain witnessed a setback in 2020, says GlobalData, a leading data and analytics company. GlobalData’s survey found that in 2020 investments in blockchain decreased by 6% compared […]
Travel industry bodies need to communicate more effectively to increase consumer confidence, says GlobalData
Industry bodies are not doing enough to ensure tour operators and travel agencies notify customers of their rights before booking. Equally, agencies who have underperformed in this regard have not been made accountable. As a result, the travel industry being called into question by BBC Watchdog will do little to reassure UK consumers’ confidence to […]
Mondelez International will see sustained growth off the back of smart acquisitions, says GlobalData
Following today’s news (27 April) that Mondelez International has released its Q1 2021 financials; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Mondelez’s improved growth in iemerging regions this quarter was largely off the back of strategic and well-timed acquisitions, which allowed the company to foster at-home snacking […]