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Following the news that the United Arab Emirates (UAE) has signed a memorandum of understanding (MoU) with South Korea for the purchase of M-SAM II/Cheongung II, a mid-range surface-to-air missile system; Tushar M, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “Estimated to be worth $3.5 billion (KRW4 trillion), this […]
Microsoft is acquiring Activision Blizzard to dominate the metaverse, says GlobalData
Following the news that Microsoft plans to acquire Activision Blizzard for $68.7 billion; Rupantar Guha, Principal Analyst at GlobalData’s Thematic Team, a leading data and analytics company, offers his view: “Taking part in what is the biggest tech merger & acquisition (M&A) ever reflects Microsoft’s desire to dominate the metaverse. The company is focused on […]
Netflix shows signs of slowing with high competition pressures expected to continue, says GlobalData
While Netflix remains the undisputed leading streaming platform, with a 21% share of the US subscription video on demand (SVoD) market in 2021 GlobalData notes that the giant is showing signs of slowing. With more and more competitors arriving, the leading data and analytics company says streaming platforms will not only have to provide evocative […]
Improved diagnosis and wider therapeutic options represent key unmet needs in hypothyroidism, says GlobalData
In light of National Thyroid Awareness Month, GlobalData highlights that the lack of awareness around hypothyroidism (also known as ‘underactive thyroid’) is impacting diagnosis rates and limiting investment. The leading data and analytics company notes that only 14%* of Phase I-III clinical trials for hypothyroidism in the last five years were sponsored by pharma companies. […]
2022 predictions: China to rule EV landscape in 2022, says GlobalData
Electric vehicles (EVs) are becoming increasingly popular among consumers but are causing issues for automakers, who are grappling with supply chain crises and raw material shortages. In its latest report, ‘Tech, Media, & Telecom (TMT) Predictions 2022 – Thematic Research’, leading data and analytics company GlobalData predicts that Tesla and China are set to maintain […]
ESG is top of the enterprise tech agenda, says GlobalData
Enterprises of all sizes are racing to deliver environmental, social, and governance (ESG) commitments, which, according to GlobalData, is no longer a tick-box ‘nice to have’ but an essential part of doing business in the twenty-first century. The leading data and analytics company notes that ESG action is being driven by value and supply chains, […]
ECB home international rights to pass $300 million a year following success of The Hundred, says GlobalData
Following the news that Sky Sports is closing in on a renewed broadcast deal with the England and Wales Cricket Board (ECB); Patrick Kinch, Sport Analyst at GlobalData, a leading data and analytics company, offers his view: “While its domestic broadcast contract with Sky Sports* is already comfortably the biggest media rights deal held by […]
Duchenne muscular dystrophy market to see considerable growth, says GlobalData
Duchenne muscular dystrophy (DMD) is a rare genetic disorder characterized by progressive muscle degeneration and weakness due to the alterations of a protein called dystrophin. It is an X-linked recessive disorder mainly affecting males, that causes muscles to be fragile and easily damaged. DMD is progressive and most affected individuals require a wheelchair by adolescence. […]
Moderate innovation in bipolar disorder pipeline not enough to displace standard of care, says GlobalData
The bipolar disorder pipeline is moderate in size containing agents in a range of different drug classes, including both tried and tested, and novel classes. However, it is unlikely that any product in the late-stage pipeline will be able to displace lithium as the gold standard of treatment, says GlobalData, a leading data and analytics […]
67% of businesses worldwide believe COVID-19 spurred action on ESG issues, GlobalData survey shows
A survey by GlobalData has revealed that 67% of 1,500 ESG* and CSR* executives across all industries believe that the COVID-19 pandemic has increased focus and action on ESG issues. The leading data and analytics company notes that COVID-19’s shake up of the status quo has led businesses to see just how accomplishable environmental progress […]
Tata’s IPL title sponsorship rights acquisition possibly launchpad for online shopping and ecommerce TataNeu app, says GlobalData
With the acquisition of the sponsorship rights for the Indian Premier League (IPL) in January 2022, Tata Group is eying for an opportunity to commercially launch the all-in-one ‘TataNeu’ app to benefit the e-commerce and online shopping consumers. The app, which includes online grocer BigBasket, is expected to appeal to all the time-constrained consumers, says […]
Reconsidering the F-35 for the Luftwaffe unlocks the potential for stealth strike missions, says GlobalData
Following the news that Germany’s new government is reconsidering the options available for replacing its fleet of Tornados; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “While the new coalition government has made few waves in the defense industry so far, new discussions over potential successors for the Tornado […]
Semiconductors and critical minerals will be 2022’s key geopolitical battlegrounds, says GlobalData
Nations will wish to favor competition over cooperation as the global economy recovers from COVID-19, according to GlobalData. The leading data and analytics company notes that some sectors — including 5G, semiconductors, pharmaceuticals and batteries — will remain a volatile space for geopolitics for years to come. GlobalData’s latest report, ‘Tech, Media and Telecoms Predictions […]
New air traffic management system’s timely release demonstrates MoD’s dedication to innovation, even in niche areas of defense, says GlobalData
Following the news that the UK’s new air traffic management (ATM) system is operational at RAF Shawbury, Shropshire; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “The UK’s ATM launch is a step towards the country’s aim to embrace innovation in every area of equipment and weaponry. The perhaps […]
Less than 5% of adults with overactive bladder currently treated with drug therapies, says GlobalData
Less than 5%* of adults with overactive bladder (OAB) are currently managed with drug therapy due to a combination of low diagnosis rates and the poor risk-benefit ratio of available treatments, according to GlobalData. The leading data and analytics company notes that, despite this surprisingly low number and the clear need for new therapies, the […]
Iran leads midstream project starts in the Middle East by 2025, says GlobalData
Iran is likely to set to start operations at 27 midstream oil and gas projects between 2021 and 2025, accounting for 22% of upcoming midstream projects in the Middle East, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Middle East Midstream New-Build and Expansion Projects Outlook, 2021-2025’, highlights that transmission projects […]
Healthtech predicted to focus on AI and virtual care in 2022, with medical robotics not far behind, says GlobalData
In its latest report, ‘Tech, Media & Telecoms Predictions 2022 – Thematic Research leading data and analytics company GlobalData predicts that artificial intelligence (AI) will be a key driver of healthcare innovation and industry disruption; digital and virtual tools will help to address the demand for better patient care; and although medical robotics hold promise, […]
Inscopix’s new cloud-based platform for neurotherapeutics contributes towards what will be a $4.4 billion cloud services market, says GlobalData
Following the news that US-based neuroscience company Inscopix has announced the launch of a cloud-based platform; Kamilla Kan, Medical Analyst at GlobalData, a leading data and analytics company, offers her view: “Inscopix’s IDEAS platform is able to manage big data systems in a secure way and help scientists analyze, store and share datasets. Cloud-based technologies […]
Impending regulatory decisions in the atopic dermatitis market, says GlobalData
The FDA has yet to come to a conclusion on the approval of Lilly/Incyte’s JAK1/2 inhibitor Olumiant (baricitinib), AbbVie’s JAK 1 inhibitor Rinvoq (upadacitinib), and Pfizer’s, JAK 1 inhibitor Cibinqo (abrocitinib), the leading data and analytics company notes that competition will likely heighten once these JAK inhibitors become available. Ramla Salad, Pharma Analyst at GlobalData, […]
Omicron-related consumer caution will batter UK foodservice, says GlobalData
Following today’s news (16 December) that UK Omicron variant cases are skyrocketing; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “In light of the influx of government recommendations, including recent advice to avoid unnecessary socialization due to Omicron, the hospitality and foodservice (FS) industries are certain to take […]