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GlobalData
GlobalData

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TMT IPOs had record year in 2021 with 72% growth year on year driven by ecommerce, mobile, fintech and cloud, says GlobalData

Tech, Media, and Telecom (TMT) IPOs had the strongest year for over 3 years in 2021 with $237 billion of IPO proceeds raised. Established themes have seen the most successful IPOs between 2018 and 2021, with ecommerce the strongest theme followed by mobile, fintech, and cloud. GlobalData, the leading data and analytics company notes that […]
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Power sector top M&A legal advisers in 2021 were Herbert Smith Freehills by value and Watson Farley & Williams by volume, finds GlobalData

Herbert Smith Freehills and Watson Farley & Williams were the top mergers and acquisitions (M&A) legal advisers in the power sector in 2021 by value and volume, respectively. Herbert Smith Freehills advised on 22 deals worth US$35.1 billion and Watson Farley & Williams advised on 43 deals worth US$1.9 billion, according to GlobalData, a leading […]
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Cryptocurrency sponsorship breaking into soccer with 46% of clubs in the major five European leagues holding at least one crypto partnership, says GlobalData

Nearly half of clubs in the Premier League, Serie A, La Liga, Bundesliga and Ligue 1 hold crypto partnerships Clubs in these leagues have secured over $182 million in 2022 Volume of new deals for European soccer clubs has grown over 200% in the last 2 years Cryptocurrency partnerships took off across the sports industry […]
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Abbott Laboratories growth in 2021 driven by rapid diagnostics, in global market worth $54.4 billion, says GlobalData

Following the release of Q4 2021 financials from Abbott Laboratories; Chris Onderisin, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “A steady rise in sales of COVID-19 rapid diagnostics has allowed Abbott Laboratories to increasingly gain ground in the global in vitro diagnostics market, which GlobalData values at $54.4 […]
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Roche’s tominersen could help Huntington’s disease market reach over $1 billion in sales by 2030, says GlobalData

Ionis Pharmaceuticals’ partner Roche recently announced that it will initiate a new Phase II trial to reassess its pipeline antisense therapy, tominersen, in the treatment of Huntington’s disease (HD). Tominersen offers Roche the opportunity to bring one of the first disease-modifying treatments to this market, in a move that could help nudge the HD market […]
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Rinvoq and Cibinqo Janus kinase (JAK) inhibitors approved by FDA with boxed warnings and restrictive labelling, says GlobalData

AbbVie’s Rinvoq (upadacitinib) and Pfizer’s Cibinqo (abrocitinib) have been approved by the FDA for the treatment of refractory atopic dermatitis (AD), despite ongoing safety concerns and multiple delays. Both AbbVie and Pfizer’s products assets are the first small molecules, specifically Janus kinase (JAK)-1 inhibitors, to be approved in the US, as treatment options for patients […]
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North America continues to dominate global transmission pipeline length by 2025, says GlobalData

With its trunk/transmission pipeline network expected to reach a total length of 967,623 km by 2025, North America will continue to dominate global pipeline length with a maximum share of around 44%, says GlobalData, a leading data, and analytics company. GlobalData’s report, ‘Global Oil and Gas Pipelines Industry Outlook to 2025 – Capacity and Capital Expenditure […]
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Artificial intelligence M&A deals grow by a third in the last 12 months as defense companies focus on developing their own AI capabilities says GlobalData

Artificial intelligence (AI) sector deals have grown by 33.5% in the last 12 months, with the average deal being valued at $159 million, according to GlobalData. The leading data and analytics company confirms that the number of AI deals is likely increasing as the technology becomes more advanced and more companies see market opportunities in […]
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US fixed wireless access subscriptions will capture 9% of broadband accounts by 2026 driven by user demand and government intervention, says GlobalData

Subscriptions for fixed wireless internet are gaining momentum in the United States, driven by a perfect storm of enabling factors. Chief among these is user demand and government efforts to see that this demand is satisfied, heightened data performance with 5G technologies, user friendliness from new technological approaches, and a desire by mobile operators to […]
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T-cell lymphoma diagnosed incident cases set to reach 35,000 in 2030, driven by an aging population with more risk factors and comorbid conditions, says GlobalData

Driven by an aging population and more people with comorbid conditions, the amount of patients diagnosed with T-cell lymphoma (TCL) is expected to increase at an annual growth rate (AGR) of 3.00% from around 27,000 cases in 2020 to 35,000 cases in 2030 in the eight major markets (8MM*), according to GlobalData. The leading data […]
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Switching for cheaper motor insurance becomes harder for 77.8% of UK motorists as providers increase premiums, says GlobalData survey

The vast majority of UK consumers who switch motor insurance policies do so for a cheaper price, with 77.8% of motor insurance customers switching at renewal because a different insurer offered a lower premium according to a GlobalData survey. However, that is now being restricted following the Financial Conduct Authority’s (FCA) regulatory reforms. The leading […]
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Luxury tourism recovery quicker than budget tourism in US due to increase in high-net-worth individuals, says GlobalData

The pandemic has transformed many travelers into high-net-worth individuals and made the super-wealthy even wealthier, according to GlobalData. The leading data and analytics company notes that 29% of respondents in one of its live polls state that their budgets are ‘a lot’ or ‘slightly’ higher than pre-pandemic. The luxury leisure market experienced a strong start […]
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Turkey’s general insurance industry to reach $11.25 billion in 2025, driven by credit expansion and government stimulus programmes says GlobalData

Turkey’s economy is expected to grow by 8.5% in 2021, as compared to 1.8% growth in 2020 driven by substantial credit expansion and a surge in demand backed by governments stimulus programmes. An economic recovery after a slowdown due to COVID-19 is expected to support Turkey’s general insurance industry growth, according to GlobalData, a leading data, […]
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52% of UK consumers who buy income protection insurance do so because of COVID-19, says GlobalData

According to findings from GlobalData’s 2020–21 UK Insurance Consumer Surveys, 52% of UK consumers in 2021, compared to 37.4% in 2020, stated that their decision to buy income protection insurance was influenced by the COVID-19 pandemic. Beatriz Benito, Senior Insurance Analyst at GlobalData, says: “Individuals have become increasingly wary about the unprecedented events of the last […]
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Global electronic warfare market to reach $11.8 billion by 2031, driven by advances in cognitive and miniaturization technologies, says GlobalData

Global electronic warfare market to reach $11.8 billion by 2031, driven by advances in cognitive and miniaturization technologies, says GlobalData The push to integrate stealth technology and electronic warfare (EW) capabilities into military equipment is expected to drive the growth of EW systems over the next decade. The global electronic warfare (GEW) market is expected to […]
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International growth ambitions of Gulf telecoms providers to be driven by opportunities in enterprise market, says GlobalData

The Middle Eastern telecoms market is emerging as a hotbed of ambition and innovation at a time when many established service providers in Western markets are falling back on a more conservative approach. Gulf telecoms service providers are developing momentum in the enterprise sector and the potential to expand, says GlobalData, a leading data and […]
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Hypersonic technologies become leading hiring sector after 22% jobs growth in 2021, says GlobalData

Jobs in hypersonic technologies have grown by 22% over the last year, alongside other cutting-edge sectors such as artificial intelligence with jobs growth of 56% and computer vision at 84%, according to GlobalData. The leading data and analytics company confirms that the current jobs growth in hypersonics has largely been seen in the US, where […]
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