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Following the news that The National Institute of Health and Care Excellence (NICE) has recommended that artificial pancreas systems be available to patients in England and Wales through the National Healthcare Service; Shane Dibblee, Medical Analyst at GlobalData, a leading data and analytics company, offers his view: “An artificial pancreas, also called a ‘closed hybrid […]
Obesity therapy by Versanis Bio sees advantageous MoA and reduced treatment days but challenged by pricing and hospital administration, says GlobalData
Following Versanis Bio’s recent announcement that enrolment had begun for Phase IIb trial BELIEVE on bimagrumab (BYM338); Sara Reci, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Bimagrumab has the potential to address key unmet needs in the obesity space. One advantage is its novel mechanism of action (MoA). Currently, […]
Departure of Netflix CEO is end of an era, as company adjusts to the post-peak streaming market, says GlobalData
Following the news that Netflix added 7.7 million subscribers in Q4; Francesca Gregory, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “Netflix finished a tough year with substantial subscriber growth, as popular content kept streamers glued to their screens. Netflix has not lost its ability to create unmissable shows, as […]
More than half of UK employees did not anticipate returning to an office-based working model in 2022, says GlobalData
More than half of UK employees did not believe they would return to in-office work full time in 2022, according to a survey by GlobalData. The leading data and analytics company notes that increasing consumer demand for flexible working models will present both challenges and opportunities for insurers moving forward. GlobalData’s survey, conducted as part […]
Medical devices industry headed towards AI and machine learning in 2023, says GlobalData
Artificial intelligence (AI) is expected to become a key driver of medical device innovation in 2023, according to GlobalData, with the leading data and analytics company predicting that the use of AI within medical practices is likely to increase. This prediction comes from Alexander Murdoch, Medical Devices Analyst at GlobalData, who notes that AI is […]
Genesis bankruptcy will unravel the multi-billion-dollar chain of crypto lending, says GlobalData
Following the news that cryptocurrency lender Genesis has filed for bankruptcy; Suneet Muru, Analyst at Thematic Intelligence Team at GlobalData, a leading data and analytics company, offers his view: “The Genesis bankruptcy is far from unexpected. Since the Terra-Luna crash, the biggest digital asset over-the-counter (OTC) trading firm has received blow after blow, and it […]
ASML’s outlook for 2023 is constrained by China export bans as the US holds the nuclear button, says GlobalData
Ahead of ASML’s release of its full-year 2022 results next week; Josep Bori, Research Director on theThematic Intelligence team at GlobalData, a leadig data and analytics company, offers his view: “ASML investors will be paying particular attention to the ongoing US-China trade dispute in 2023, as the company will continue to be constrained by the […]
North Macedonia is set to increase its defense budget to $542 million by 2027, says GlobalData
North Macedonia is set to significantly increase its defense spending from $317 million in 2022 to $542 million by 2027, according to GlobalData. The leading data and analytics company notes that one of the reasons for such a rise is to fund acquisitions that enable modernization—as the country is still operating mostly aging Soviet-era equipment. […]
Global battery electric vehicle demand to hit 11 million units in 2023, up 41% on 2022, according to GlobalData
China will continue to dominate global battery electric vehicle (BEV) sales in 2023, despite an increase across all major markets, says GlobalData. However, the leading data and analytics company notes that other regions may catch up, as growth in China slows. Al Bedwell, Director, Global Powertrain at LMC, a GlobalData company, comments: “China’s BEV growth […]
ChatGPT, WebAssembly, and Serverless will spur app modernization efforts in 2023, says GlobalData
DevOps will be a dominant driver in the cloud computing arena in 2023, according to leading data and analytics company GlobalData, as enterprises advance their app modernization strategies. This prediction came about as part of research by GlobalData Technology Analyst Charlotte Dunlap, who notes that significant innovations in sophisticated application architectures will usher in new […]
2023 predictions: Zero-trust cybersecurity strategy with simplicity and risk reduction at the heart is mandatory to reduce exponential cyber attacks in 2023, says GlobalData
Following the release of a survey by the World Economic Forum today (18 January) showing that businesses feel a catastrophic cyberattack is likely in the next two years; Analysts at GlobalData, a leading data and analytics company, offer their views of what 2023 holds for cybersecurity. David Bicknell, Principal Analyst, Thematic Intelligence at GlobalData, comments: […]
Genetic map of cells linked to endometriosis could help to improve treatment options, says GlobalData
Following the news that scientists at Cedars-Sinai have successfully mapped the cellular changes linked to endometriosis; Amy Murray, Healthcare Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite its high prevalence and cost, endometriosis remains an understudied disease. This lack of research has greatly limited understanding and slowed much-needed innovation in treatment […]
Microsoft’s $10 billion OpenAI investment is a potential threat to Google’s search engine leadership, says GlobalData
Microsoft’s $10 billion OpenAI investment will help Bing revolutionize search algorithms and potentially dethrone Google as market leader, according to GlobalData. The leading data and analytics company notes that this investment could give Microsoft a first-mover advantage in search engines, with the artificial intelligence (AI) powered conversational capabilities potentially challenging Google’s current leadership in the market.Shri Charan […]
Technology sponsors likely to thrive in sport sponsorship following the collapse of cryptocurrency, says GlobalData
Cryptocurrency’s inherent instability was always likely to be a negative factor in the industry’s future success in sports sponsorship. Price volatility has plagued cryptocurrency since its inception, and such fluctuations have now had serious ramifications for the sports sponsorship industry, according to GlobalData. The leading data and analytics company notes that, instead, sports teams will […]
Digital inclusion is a force for good in enterprise tech, says GlobalData
Digital inclusion is central to environment, social, and governance (ESG) initiatives, and one that tech companies are actively embracing, according to research conducted by GlobalData. The leading data and analytics company notes that digital inclusion encompasses sharing skills and providing technology to the digitally excluded worldwide. Robert Pritchard, Senior Analyst at GlobalData, comments: “Digital inclusion […]
Global (68M) cardiomyopathies market set to reach $9.63 billion by 2031 driven by US and China’s drug sales, forecasts GlobalData
The cardiomyopathies market in the 68M* is set to grow from $3.07 billion in 2021 to $9.63 billion in 2031 at a compound annual growth rate (CAGR) of 12.1%, notes leading data and analytics company GlobalData. GlobalData’s research reveals that North America accounted for 51.7% of cardiomyopathy drug sales in the 68M in 2021 and […]
MoD’s closer ties with Japan indicate a continued pivot to the Indo-Pacific, says GlobalData
Following the news that the Ministry of Defence (MoD) has signed a Reciprocal Access Agreement (RAA) with Japan allowing for bilateral troop deployment, thus further developing its military and industrial ties with Japan; Madeline Wild, Aerospace, Defense & Security Analyst at GlobalData, a leading data and analytics company, offers her view: “The invasion of Ukraine […]
VC investment in the US shrinks by 40.8% in 2022, reveals GlobalData
A total of 10,428 venture capital (VC) funding deals were announced in the US in 2022, with a disclosed funding value of $193.9 billion, according to the deals database by GlobalData. The leading data and analytics company reveals that this represents a massive 40.8% decline in the value of VC funding compared to 2021. Deals […]
France set to be most visited country in the world by 2025, says GlobalData
France is set to cement itself as the most visited country in the world, according to GlobalData, which estimates that the country will attract 93.7 million international travelers by 2025. The leading data and analytics company notes that this forecast will place the country ahead of competitor, Spain, which overtook France in 2021. According to […]
Egypt economic growth to spur business travel in North Africa, says GlobalData
Egypt’s rising economy and structural development presents a considerable opportunity for the long-term expansion of business tourism in the North Africa region, according to GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Tourism Destination Market Insight: North Africa’, business travel is currently undeveloped in North Africa, representing only 10% of trips to […]