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In terms of gross written premiums (GWP), the Netherlands’ general insurance industry is expected to grow at a compound annual growth rate (CAGR) of 3.8%, from €64.4 billion ($76.2 billion) in 2021 to €77.6 billion ($94.1 billion) in 2026, according to GlobalData. The leading data and analytics company found that growth in the general insurance segment will be […]
Global top 25 tech stocks’ MCap lost more than $1 trillion in Q3 2022, says GlobalData
Key factors such as interest rate hikes, a surge in consumer price index, and the ongoing geopolitical risks following the Russia-Ukraine conflict have continued to affect the technology sector, with 21 of the top 25 technology* companies reporting a combined loss of $1 trillion in valuation in Q3 2022, finds GlobalData, a leading data and […]
Netflix reverses its subscriber slump, but tough streaming winter lies ahead, says GlobalData
Following the news that Netflix added 2.4 million subscribers in the third quarter of 2022, causing shares to surge 14% in after-hours trading; Francesca Gregory, Thematic Intelligence Analyst at GlobalData, a leading data and analytics company, offers her view: “Netflix’s latest results break the narrative of a subscriber slump and market saturation, thanks in part […]
Wasps falling into administration puts over $150 million worth of Premiership Rugby TV deals at risk, says GlobalData
Following the news that Wasps Holdings Ltd has entered administration; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “While over 150 employees at Wasps Holdings Ltd have now lost their jobs, including players and coaches, administrators and commercial teams, the ramifications of this could reach far […]
Jobs Recap September 2022: GlobalData’s sectors and country active jobs index fell by 7% and 6.7% with higher job closures and layoffs
In September 2022, the number of jobs available for application (‘active jobs’) continued to fall, according to GlobalData, as the pace of job closures and removals from career pages (the ‘jobs closure rate’) was higher than the rate of new job postings. The leading data analytics company notes that the decline in active jobs is […]
AV-101 gains competitive lead over TNX-201 as first potential imatinib therapy for pulmonary arterial hypertension, says GlobalData
Tenax Therapeutics’ announcement of a delay in its Phase III trial for its oral imatinib drug, TNX-201, in the treatment of pulmonary arterial hypertension (PAH), has pushed its main competitor Aerovate Therapeutics further into the lead with its inhaled imatinib drug, AV-101, according to GlobalData, a leading data and analytics company. Kaya Olczak, Healthcare Analyst […]
Novel therapies drive the schizophrenia market across 7MM to reach $13.0 billion by 2031, says GlobalData
As a result of new therapies being introduced to the schizophrenia market and an increase in the prevalent patient population, its value is expected to increase from $9.0 billion in 2021 to $13.0 billion in 2031 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 3.7%, according to GlobalData. Christie […]
The Meta-Microsoft partnership will fuel the metaverse’s mainstream adoption, says GlobalData
Following the announcement that Meta and Microsoft are partnering on the metaverse, the future of work, and gaming; Rachel Foster Jones, Analyst on the Thematic Intelligence team at GlobalData, a leading data and analytics company, offers her view: “Meta and Microsoft’s shared enterprise-metaverse ambitions are driving this partnership. Meta is in a strong position with its virtual reality […]
Poland card payments market to grow by 19.5% in 2022, forecasts GlobalData
Driven by consumers’ increasing preference for electronic payments, a surge in contactless payments, and the government’s push for a cashless society, Poland’s card payments market is expected to grow by 19.5% in 2022 to reach PLN585.7 billion ($145.2 billion) in 2022, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Poland Cards and Payments: […]
General Dynamics’ AbramsX should gain significant traction in the US Army following its unveiling at AUSA 2022, says GlobalData
Following General Dynamics’ unveiling of its next-generation AbramsX technology demonstrator at AUSA 2022; Tristan Sauer, Land Domain Analyst at GlobalData, a leading data analytics company, offers his view: “The AbramsX technology demonstrator will undoubtedly gain significant traction amongst US Army procurement officials as its unique features enable several key improvements and capabilities. The integration of […]
Asia to dominate the global Vinyl Chloride Monomer (VCM) capacity additions by 2026, says GlobalData
Asia is expected to lead the global VCM industry capacity additions from new-build and expansion projects by 2026 with a share of 66% between 2022 and 2026, forecasts GlobalData. The leading data and analytics company’s latest report, ‘Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details […]
SMEs know they face greater cyber risk than ever, but many remain uninsured, finds GlobalData
With the risk of high-profile cyberattacks continuing, GlobalData figures show that small and medium sized enterprises (SMEs) in the UK are aware of the higher risks they face than those before the pandemic however, many still remain uninsured. The last month has seen both Revolut and Holiday Inn fall victim to cyberattacks, and it is […]
Construction industry’s 2022 growth will decrease to -3.1% in North America following increasing inflationary pressure, says GlobalData
Due to greater than expected inflationary pressure and further interest rates hikes, construction output in North America is forecast to contract to -3.1% in 2022 plunging to $1.87 trillion, compared to 2021’s construction output of $1.93 trillion, according to GlobalData. The leading data and analytics company’s report, ‘Global Construction Outlook to 2026, Q3 Update’, reveals […]
TauRx Therapeutics’ anti-tau product could provide safer disease-modifying therapy for Alzheimer’s disease, says GlobalData
Following the news that TauRx Therapeutics’ oral anti-tau product, hydromethylthionine mesylate (HMTM), was found to be effective in improving cognition in patients with early Alzheimer’s disease (AD); Pippa Salter, Senior Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “A key unmet need in the AD market is for the development […]
Google’s new Pixel Watch offers little more than a beautiful, sleek design, says GlobalData
Following Google’s announcement of the new Pixel Watch at the recent Made By Google event;Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Despite the investments Google has poured into developing the Pixel Watch, such as purchasing Fitbit for $2.1 billion, refining Wear OS over the years, and actually […]
Lemonade’s entry into UK insurance market reveals huge potential in untapped market, says GlobalData
Following the news that leading US insurtech, Lemonade, has entered the UK home insurance market; Benjamin Hatton, Associate Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “Lemonade’s renters insurance product has proved hugely popular in the US, as well as France, Germany, and the Netherlands. By offering cheap and tailored […]
Retail companies’ discussions on ‘Robotic Process Automation’ rise substantially in 2022, finds GlobalData
As we enter the era of Industry 4.0 (The Fourth Industrial Revolution), Robotic Process Automation (RPA)* is gaining traction across all sectors. Across filings, more than 600 companies discussed RPA from Q1 to Q3 2022. Although companies within the Technology and Financial Services sectors were discussing this technology the most, mentions in the Retail sector […]
Most retail enterprises see increased ICT budgets in 2022 with a focus on improving internal as well as customer communication, finds GlobalData survey
Approximately 83% of enterprises* in the retail sector have seen an increase in their enterprise ICT budget in 2022 compared to 2021, driven by the increasing adoption of digital technologies for streamlining supply chains and improving customers’ experiences, found GlobalData, a leading data and analytics company. GlobalData’s report, ‘Enterprise ICT Investment Trends Retail’, which is […]
Employees have an opportunity to redefine how they work, but challenges lie ahead, says GlobalData
As companies are forced to improve wages and career development opportunities due to the so-called Great Resignation, which began in early 2021, employees are in a stronger position than they have been for years, says GlobalData. However, the leading data and analytics company notes that talent scarcity and the volume of unfilled vacancies risk accelerating […]
New features focusing on productivity place Slack in an enviable position, says GlobalData
Following Slack’s introduction of a variety of features on its flagship collaboration platform at Dreamforce 2022; Gregg Willsky, Principal Technology Analyst at GlobalData, a leading data and analytics company, offers his view on how these features will help companies become more productive: “By focusing specifically on productivity, Slack has a competitive advantage. Every business places […]