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GlobalData

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GlobalData expects the Russia-Ukraine war to impact Europe’s post-pandemic economic growth in 2022

2022 was set to be the year when Europe’s economy pulled away from the pandemic’s firm grip and commenced a phase of robust economic recovery. However, Russia’s invasion of Ukraine has shattered all these expectations and changed the picture perilously. Consequently, GlobalData, a leading data and analytics company, has slashed its 2022 gross domestic product […]
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Axsome Therapeutics’ migraine treatment AXS-07 faces many hurdles before FDA approval, says GlobalData

Axsome Therapeutics expects to receive a complete response letter (CRL) from the FDA due to the recently revealed chemistry, manufacturing, and control (CMS) issues identified during the FDA’s review of its new drug application for AXS-07 (rizatriptan and meloxicam), for the acute treatment of migraines. According to GlobalData’s report, ‘Migraine Drug Market Size, Share & Trends Analysis […]
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Remote care platform from the University of Queensland has the potential to help people with neurological disorders, says GlobalData

The University of Queensland (UQ) in Australia has partnered with the university’s Queensland Brain Institute and Abbott Neuromodulation to develop a remote care platform to treat various conditions such as Parkinson’s disease, chronic depression, and other psychiatric conditions. A device such as the one coming out of UQ and Abbott Neuromodulation could be incredibly helpful […]
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Apple Self Service Repair perfectly timed to ease both sustainability and cost of living crisis anxieties, says GlobalData

Following the news that Apple has launched its Self Service Repair online shop and service;Emma Mohr-McClune, Technology Service Director at GlobalData, a leading data and analytics company, comments: “The Apple Self Service Repair initiative is perfectly timed to ease anxiety caused by the cost of living crisis and could help persuade consumers of a better […]
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Airbus’ deal with ITA Airways to explore electric ‘air-taxi’ services to create more eco-friendly urban transport options, says GlobalData

Following the news that a memorandum of understanding (MoU) has been signed between Airbus and ITA Airways to build a sustainable solution for urban aerial transport; James Marques, Associate Aerospace, Defence and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “CityAirbus Next-Gen is a four-seat, fixed-wing vertical takeoff or landing (VTOL) aircraft […]
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Apple’s rumoured hardware subscription program could increase company’s userbase and revenue, says GlobalData

If given the right price point, Apple’s rumoured iPhone subscription program could make its devices more affordable and reduce device ownership cycles allowing the company to reuse hardware components and expand its reach to new user groups, says GlobalData, a leading data and analytics company. Apple is rumoured to offer an iPhone subscription program this fall that will […]
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The US to witness the highest liquefaction projects starts in North America by 2026 due to Russia-Ukraine conflict, says GlobalData

The US is set to drive North America’s upcoming liquefied natural gas (LNG) liquefaction projects count by 2026, contributing around 68% of the total project starts during 2022 to 2026, says GlobalData, a leading data and analytics company. As a result of Russia’s invasion of Ukraine, upcoming LNG exports projects in the US have received […]
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Pricing of Outlook Therapeutics’ ONS-5010 will be a crucial factor for its introduction into the wider market, says GlobalData

Outlook Therapeutics recently submitted a Biologics License Application to the US Food and Drug Administration (FDA) for ONS-5010 (bevacizumab-vikg) for the treatment of wet age-related macular degeneration (wAMD). If ONS-5010 is approved, the pricing of the therapy would be significant for its introduction into the wider market, says GlobalData, a leading data and analytics company. […]
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Regulatory crackdowns could pose challenges for Musk’s vision of Twitter being a space for free speech, says GlobalData

Following the announcement that Elon Musk is acquiring Twitter; Keshav Kumar Jha, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, offers his view: “Musk’s plan to transform Twitter into a platform to promote freedom of expression could face challenges owing to the need to restrict the proliferation of offensive or dangerous content on […]
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Google poses the greatest threat to traditional home insurers as over 25% of UK consumers would purchase home insurance from the tech giant, says GlobalData

The accelerated rise of digitalization since the pandemic and increased use of smart home devices means that technology companies and outside players pose a threat to insurers in the UK by utilizing their skills in digitalization and strong brand recognition to attract customers. Research conducted by GlobalData, a leading data and analytics company, suggests that […]
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ASDA’s price-lock strategy to win favour with half of cash strapped Brits as financial worries hit a new high in 2022, says GlobalData

Following the news that ASDA will invest £73 million to tackle the cost of living crisis by increasing pay and price-locking products until the end of the year; Amira Freyer-Elgendy, Food & Grocery Analyst at GlobalData, a leading data and analytics company, offers her view: “Amid inflation, the rising cost of living and stagnant wages, […]
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AR investment in sport will be driven by fan engagement in broadcasting and mobile devices, says GlobalData

Augmented reality (AR) driven fan experiences in broadcasting and mobile devices offer the most lucrative and accessible opportunities for AR integration. AR graphics in broadcasting creates a more engaging and insightful analysis of events, while AR on personal devices can increase fan engagement, observes GlobalData. According to the leading data and analytics company’s latest report, ‘Augmented […]
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Job postings related to project management tools saw a double-digit rise in Q1 2022, finds GlobalData

The number of job postings related to project management tools such as Asana, Atlassian, Monday.com, Wrike and Planview have increased by nearly 16% from 4,679 in October 2021 to 5,421 in March 2022 according to GlobalData. The leading data and analytics company found that the positions advertised are focused on working knowledge of the aforementioned […]
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Subscription services could potentially transform the travel industry following decline caused by the COVID-19 pandemic, says GlobalData

Subscription services have disrupted almost every industry, but the customer-focused model remains relatively nascent in the travel industry, observes GlobalData. The leading data and analytics company notes that its popularity could rise as travel subscriptions, whereby travelers typically pay a monthly fee to receive benefits such as discounted prices and personalized travel content, represent a […]
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