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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 […]
Through Cornwall, the UK enters a promising space industry, says GlobalData
Following the news that the first launch from the UK-based Spaceport Cornwall will take place tonight; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “While big firms with big money, such as Space X, may be considered to have the future of the space industry cornered, the truth […]
Promising Phase I data sets latecomer Amgen’s AMG-133 on a trajectory to compete with Novo Nordisk and Eli Lilly in obesity space, says GlobalData
Amgen’s AMG-133* has the potential to address a key unmet need for drugs that reduce patient burden among patients with obesity, says GlobalData, a leading data and analytics company. Sara Reci, Pharma Analyst at GlobalData, comments: “Currently, patients receiving pharmacotherapy for obesity, such as glucagon-like peptide-1 receptor (GLP-1R), are required to self administer Wegovy (semaglutide) […]
Robots will be the oil and gas industry’s growth engine, says GlobalData
The single major advantage of robotics is automation, which drives other improvements in efficiency, productivity, and safety. Automation enables extensive inspection and maintenance tasks to be conducted while feeding back data to help limit operational costs and improve efficiency. Advances in modular and customizable robots is expected to result in growing deployment of robotics in […]
The ‘metaverse winter’ in 2023 will not dampen its future potential, predicts GlobalData
The metaverse is a virtual world where users share experiences and interact in real time within simulated scenarios. In the long term, it could revolutionize how humans socialize, work, and consume media. China’s investment in metaverse-related tech will outpace the West’s efforts. Waning consumer interest in the metaverse and a push for innovation of Chinese […]
Bispecific antibodies will threaten cell therapy in multiple myeloma in 2023, says GlobalData
A relatively novel class of drugs called bispecific T-cell engagers (BiTEs) present a serious threat to the market position of Bristol Myers-Squibb’s Abecma (ide-cel) for the treatment of relapsed or refractory multiple myeloma (RRMM) as they leverage clinical advantages such as improved duration of response to therapy and quicker administration, says GlobalData, a leading data […]
Pulmonary arterial hypertension market expected to reach $7.5 billion in 2029 across 7MM, forecasts GlobalData
The pulmonary arterial hypertension (PAH) market in the seven major markets (7MM*) is expected to increase from $4.6 billion in 2019 to $7.5 billion in 2029 at a compound annual growth rate (CAGR) of 5%, driven by the launch of pipeline therapies and an increased uptake in combination therapy, according to GlobalData, a leading data […]
Slack’s feature roadmap set to place it on par with key rivals in the cloud-collaboration market, says GlobalData
During a ‘Fireside Chat’ Slack introduced upcoming CEO Lidiane Jones, who will succeed Stewart Butterfield in January 2023, and outlined its intention to both continue its traditional focus on raising worker productivity and making the platform more customer driven; Gregg Willsky, Principal Analyst at GlobalData, a leading data and analytics company, offers his view on […]
Three pipeline multiple sclerosis drugs bring hope to primary progressive patients, according to GlobalData
Three of the 20 drugs currently being developed for primary progressive multiple sclerosis (PPMS) are now in Phase III of development, according to leading data and analytics company GlobalData, offering hope to the patients, who have very few treatment options in comparison to patients affected by relapsing remitting multiple sclerosis (RRMS). MS is an autoimmune […]
Latest legal troubles could strengthen calls that social media’s self-regulation of online content is insufficient, says GlobalData
Following the news that Meta is being sued in a legal case alleging that Facebook’s algorithm helped fuel and incite violence in the Ethiopian civil war, which is claimed to have contributed to the death of university professor Meareg Amare Abrha after identifying information was allegedly revealed about him on Facebook; Emma Taylor, Associate Analyst […]
ChatGPT’s inaccuracies mean it won’t be taking anyone’s job just yet, but its tailored answers could challenge search engines, says GlobalData
Following the release of ChatGPT, a chatbot created by OpenAI that uses generative AI to respond to people’s queries. It prompted concerns that it could have capabilities which would put jobs at risk, replacing copywriters, journalists, those in customer service or programmers. Sarah Coop, Analyst at GlobalData, a leading data and analytics company, offers her […]
China slowdown increasing investment risk in the rest of the APAC region, says GlobalData
The slowdown in China, floods in Pakistan and the uncertain global economic environment have had severe economic impacts on the APAC region, significantly increasing risk to investors doing business in the area, according to GlobalData. Research by the leading data and analytics company has revealed that the APAC region’s level of investment risk rose by […]
Middle East and Africa region holds highest risk for investors, says GlobalData
The Middle East and Africa (MEA) region has been identified as the region that offers the highest risk for investors due to social unrest, food insecurity, rising debt, and inflation, according to GlobalData, a leading data and analytics company. The research was conducted as part of GlobalData’s ‘Global Risk Report Quarterly Update – Q3 2022’ […]
Americas region is the second highest for investment risk, says GlobalData
The Americas has been identified as the region that offers the second highest risk for investors due to soaring inflation, according to GlobalData, a leading data and analytics company. The research was conducted as part of GlobalData’s ‘Global Risk Report Quarterly Update – Q3 2022’ report, which outlines its Country Risk Index (GCRI). This model […]
Russian sanctions a ‘double edged sword’ as investment risk in Europe rises by significant 2.6% between Q2 and Q3 2022, says GlobalData
The Russia-Ukraine war has had a severe economic impact on the Europe region, significantly increasing the risk to investors, according to GlobalData. Research by the leading data and analytics company has revealed that Europe’s level of investment risk rose by 2.6% in one quarter. The research was conducted as part of GlobalData’s ‘Global Risk Report […]
Home Depot, Alibaba, and Amazon witness sentiment rise in Q3 2022, finds GlobalData
Sentiments* for mega cap companies** in the retail industry have increased by 5% in Q3 2022 over Q2 2022, finds GlobalData. According to the leading data and analytics company, the top companies in terms of market capitalization that had an uptick in sentiment in Q3 2022 over Q2 2022 include The Home Depot (11%), Alibaba […]
UK and Italy’s sixth-generation aircraft program confirms Japan in major win for the partnership, says GlobalData
Following the news that the Tempest program will be combined with Japan’s F-X program as the Global Combat Air Program (GCAP); William Davies, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “This alliance shows the commitments of major nations to developing sixth-generation aircraft. For Japan, this is a significant move […]
Webinar Invite: Adapting to the challenges of payment Fraud
GlobalData invites you to attend its Trends in Payment Fraud webinar, which is taking place on Tuesday, December 13, 2022, at 16:00 GMT. Click here to register, and find out: Trends in payment fraud losses in the last 10 years, and the projections for the future Dive into the consumer-level data on fraud perception, concern […]
B-21 Raider unveiling heralds the arrival of the next generation of US air power, says GlobalData
Following the unveiling of the B-21 Raider; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view on the arrival of the first US ‘next-generation’ aerospace platform: “The unveiling of the B-21 Raider stealth bomber heralds the arrival of the next generation of US aerospace platforms, and lays down the […]
Merck’s Imago Biosciences acquisition to go head-to-head with GSK in increasingly competitive blockbuster market, says GlobalData
Following the news that Merck is to acquire Imago Biosciences, a clinical-stage biotech developing the lysine-specific demethylase 1 (LSD1) inhibitor bomedemstat for the treatment of myelofibrosis (MF); Sam Warburton, Oncology Analyst at GlobalData, a leading data and analytics company, offers his view: “Big pharma appears to be setting its sights on the relatively small but potentially […]