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GlobalData
GlobalData

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Cities must invest in the right smart city initiatives in order to combat infrastructure headaches caused by the pandemic, says GlobalData

As a result of infrastructure headaches caused by the pandemic and increased urbanization, cities must invest in the right smart city initiatives to become resilient to these challenges, finds GlobalData. The leading data and analytics company notes that 5G, artificial intelligence (AI), and Internet of Things (IoT) are the technologies that will underpin infrastructures, such […]
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Turkey to benefit from rise in budget-conscious travelers due to the cost-of-living crisis, says GlobalData

With traveler confidence taking yet another hit amid the rising cost-of-living across Europe, Turkey* will emerge as the destination of choice for budget-conscious travelers in 2022, finds GlobalData, the leading data and analytics company. Research from GlobalData’s Traveler Spending Patterns database shows that in-destination spending is relatively low in Turkey, despite the average stay for […]
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Medical device companies operating in Russia continue to provide lifesaving healthcare services whilst pausing all non-essential business, says GlobalData

Medical device and pharmaceutical companies are taking a similar approach to global retailers by withdrawing their activities from Russia where possible, however they continue to maintain sales and deliveries of certain medical devices and pharmaceuticals as it would be detrimental to the health of Russian citizens, and therefore unethical to do otherwise, observes GlobalData, the […]
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The applications for augmented reality in the foodservice industry are endless with the market set to reach $152 billion by 2030, says GlobalData

The adoption of augmented reality (AR) in online food delivery is long overdue, and will play an important role in the future of work across the foodservice industry. With the takeaway operator selling price expected to reach $1,195 billion by 2026, specialists have a real opportunity to improve their platforms and services with a unique […]
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US budget increase will fund key capabilities but will not address problems caused by inflation and COVID-19 pandemic, says GlobalData

Following the announcement that President Biden is requesting $813 billion for the 2023 defense budget; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This budget represents a 4.3% increase on the previous year, and prioritizes shipbuilding, space capabilities, missile warning systems and modernizing nuclear systems including submarine […]
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Slovakia’s energy supply will continue to depend on Nuclear power which is set to account for 65% of the country’s electricity needs by 2035, says GlobalData

Nuclear power, which currently accounts for over 50% of Slovakia’s total power generation will maintain its dominance of the country’s energy mix over the next decade, as it continues to be a net importer of electricity and thermal fuels, according to GlobalData. The leading data and analytics company expects nuclear power to account for 64.9% […]
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Corium’s Adlarity faces a fiercely competitive space for symptomatic treatment of Alzheimer’s disease, says GlobalData

Corium’s Adlarity (donepezil hydrochloride) has recently received FDA approval as a treatment for patients with mild, moderate, or severe dementia of Alzheimer’s disease (AD).  However, as Adlarity is the fourth cholinesterase inhibitor product to launch in the US market, it enters a fiercely competitive space for the symptomatic treatment of AD finds GlobalData. According to the […]
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Positive sentiment towards health and wellness holidays grows amongst Spanish travellers due to COVID-19 pandemic, according to GlobalData

According to GlobalData’s recently published report, ‘Source Market Insight: Spain (2022),’ the pandemic’s impact on mental health has spurred greater demand for health and wellness holidays among Spanish travellers. These types of trips range from spas and relaxation, to retreats focusing on areas such as diet, meditation, and yoga. These holidays should help alleviate stress, […]
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Cadbury’s chocolate bar downsize could affect one in ten UK consumers who find large portions equate to value for money, says GlobalData

Following today’s (29 March 2022) news that Mondelez will reduce the size of Cadbury’s Dairy Milk sharing bar; Cloe Legrand, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “It was only a matter of time before fast-moving consumer goods (FMCG) producers looked at alternative ways to minimise costs given the recent […]
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German procurement of the Arrow 3 would plug ICBM MDS capability gap, says GlobalData

Following the news that Germany is considering procuring a new missile defense system, namely Israel Aerospace Industries’ (IAI) Arrow 3;Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, shares her view: “The procurement of the Arrow 3 would allow Germany to protect itself against the threat of inter-continental ballistic missiles (ICBMs), […]
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Lockheed Martin partnering with Korean and UK firms for new British Artillery may provide a boost for the domestic industry, finds GlobalData

Following the news that Lockheed Martin UK has joined Hanwha Defense, Leonardo UK and others to produce self-propelled howitzers; James Marques, Associate Aerospace, Defence and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “The South Korean-led consortium known as ‘Team Thunder’ are bidding to manufacture and supply self-propelled artillery platforms […]
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Global naval vessels and surface combatants market to reach $519.8 billion by 2032, driven by naval modernization initiatives, says GlobalData

To protect maritime borders from illegal activities, countries across the globe have been steadily increasing their military capital expenditure (CapEx) on naval vessels. As a result, the growth of the naval vessels and surface combatants market is forecast to reach $519.8 billion by 2032 at a compound annual growth rate (CAGR) of 3.23%, according to […]
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