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GlobalData

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Turkey should develop a robust submarine manufacturing ecosystem due to the Reis-class program, says GlobalData

Following the news that Turkey’s Golcuk Naval Shipyard launched the second Type-214TR (Reis-class) air-independent propulsion (AIP) submarine; Tushar Sudesh Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Over the last decade, Turkey has established itself as a major manufacturer of defense equipment. The new Type-214TR (Reis-class) submarines, which should replace […]
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Jobs with Intelligence Collection Disciplines exposure on the rise as companies become more wary of cyberthreats, finds GlobalData

Companies in the banking and payments sector are growing increasingly wary of threats from online operations, and job postings related to cyber operations, cyber-crime intelligence, cyber threat, fraud, cybersecurity, and incidence response that have mentions of Intelligence Collection Disciplines (INTs) have vastly increased, found GlobalData, a leading data and analytics company. GlobalData also notes that […]
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Qantas’ new long haul flights could impact the UAE’s post-pandemic recovery due to less layover traffic in its airports, says GlobalData

The United Arab Emirates’ (UAE) aviation sector will likely find Qantas’ continuing announcements of direct long-haul routes concerning as they eliminate the need for layovers and stopovers, says GlobalData. According to the leading data and analytics company, full-service passenger airline revenue in the UAE is forecast to reach 95% of pre-pandemic (2019) levels in 2022. […]
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Starbucks’ Russia departure is a bold move but may bring new expansion opportunities in Asia, says GlobalData

Following Starbucks and McDonald’s announcement that it will end all of its operations and branding in Russia; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The fast-food giants Starbucks and McDonald’s have clearly recognized the negative impact that continued affiliations with Russia could have on their businesses. With […]
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Alpha-1 Antitrypsin Deficiency market to reach $3.48 billion in 2031 driven by entrance of several novel therapies, says GlobalData

An upcoming influx of new therapies into the Alpha-1 Antitrypsin Deficiency (AATD) space in the next decade is expected to provide a significant boost to the treatment market for this inherited disorder that can greatly damage both lung and liver function, found GlobalData. According to the leading data and analytics company, the two major markets* […]
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Netflix’s sentiment down 3% in Q2 2022 while Disney’s rose 6% amidst intense competition, finds GlobalData

Due to discussions around prolonged disruptions, delays and slowdowns in new subscribers and revenue growth, Netflix’s sentiment has dropped by 3%. According to GlobalData’s Company Filing Analytics database, negativity around delays in content releases also impacted the streaming service’s margins and revenue growth. Price increases were also discussed, along with higher churn rates. In contrast, the leading […]
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US-based start-ups raised $88.3 billion VC funding during January to April 2022, finds GlobalData

A total of 4,003 venture capital (VC) funding deals were announced in the US during January-April 2022 while the disclosed funding value of these deals stood at $88.3 billion according to GlobalData. The leading data and analytics company’s Financial Deals Database reveals that this was the highest VC funding amount raised by any country globally. However, April witnessed […]
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Canada’s decision to expel Huawei and ZTE from its 5G infrastructure will contribute to the splinternet, says GlobalData

Following the news that Canada is expelling Huawei and ZTE from its 5G network; Rory Gopsill, Associate Analyst in the Thematic Team at GlobalData, a leading data and analytics company, offers his view: “The expulsion of Chinese tech from 5G networks in Canada and other Western/allied countries contributes significantly to the splinternet, an internet fragmented […]
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Brazil’s infrastructure development will face significant delays in 2022 due to rising material prices, says GlobalData

After recording a strong growth of 10.2% in 2021, growth momentum for infrastructure construction in Brazil is expected to slow into 2022 and 2023, recording 3.8% and 1.4% growth respectively. Rising prices of materials and elevated interest rates are squeezing revenues and project growth which is causing significant delays and cost hikes, consequently adding downward […]
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Mental health care accessibility in America is failing as NAMI study finds that only 76% of patients are able to access in-network care, observes GlobalData

Mental health (MH) access via insurance providers should be equally easy to access as other medical and surgical treatments. The principle was set into law by the The Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act (MHPAEA) 2008. However, a recent study by the US Government Accountability Office (GAO) found that […]
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Poland’s acquisition of the Brimstone missile represents a new axis of NATO interoperability, says GlobalData

Following the news that Poland has chosen MBDA UK to supply its tank-destroyer vehicle program (locally known as the Ottokar Brzoza program) with Brimstone anti-tank missiles; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, shares her view: “The agreement to equip Polish Armed Forces with the Brimstone missile creates a […]
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Ryanair’s increased summer capacity shows low-cost airlines will emerge strongly from the pandemic, says GlobalData

Rising living costs and increased airfares will lead to passengers, who may traditionally prefer to stay loyal to national flag carriers, booking with low-cost airlines. Ryanair’s  plans to increase its capacity to above pre-pandemic levels shows that the low-cost airlines segment will emerge from the pandemic stronger than ever, found GlobalData, a leading data and […]
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Uptake of Adtralza, Rinvoq and Cibinqo for treating atopic dermatitis will be slow in the UK following NICE’s rejection, says GlobalData

Based on the uncertainty relating to the comparison of efficacies of Leo Pharma’s anti-IL-13, Adtralza/Adbry (tralokinumab); AbbVie’s oral Janus kinase (JAK) 1 inhibitor, Rinvoq (upadacitinib); and Pfizer’s oral JAK 1 inhibitor, Cibinqo (abrocitinib) to standard treatments, the UK’s National Institute for Health and Care Excellence (NICE) is not recommending these agents for the treatment of […]
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Shipping logistics remain a significant challenge to the Russian medical device supply, says GlobalData

The Russian medical device market is heavily reliant on imports to meet demand where domestic alternatives are unavailable. Due to their essential nature, medical devices exports have largely circumvented Western export restrictions on the basis of humanitarian need. However, shipping to Russia has become an increasing complex endeavour amid the ongoing conflict with Ukraine, resulting […]
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