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With the COVID-19 pandemic having sparked an increased interest in the adoption of new technologies in the healthcare industry, leading data and analytics company GlobalData notes that artificial intelligence (AI) enabled medical technologies will become much more common over the next five years, with the AI platforms market expected to grow from $1.5 billion in […]
Space infrastructure boom expected by 2030 as countries battle for geopolitical dominance and companies seek first-mover advantage, says GlobalData
Despite some teething problems at NASA, there will be a boom in space infrastructure such as space stations by 2030, according to GlobalData, a leading data and analytics company. Artemis I fuel leak may undermine confidence but market on track by 2030 While the trials and tribulations of NASA’s Artemis I moon mission will undermine […]
Pipeline systemic atopic dermatitis treatments for children offer hope for severe cases, says GlobalData
Great strides will be made in the treatment of atopic dermatitis (AD) in children in the next decade, according to GlobalData, which notes the presence of several systemic treatments in the pipeline. The leading data and analytics company highlights that this will bring hope to children with severe AD, which is a very underserved patient […]
The US to lead North America’s gas processing capacity additions by 2026, says GlobalData
The US is expected to account for the largest gas processing capacity addition projects by 2026, according to GlobalData. The leading data and analytics company notes that the US will account for 69% of the North America’s gas processing additions through new projects. GlobalData’s latest report, ‘Europe, North America and Former Soviet Union (FSU) Gas […]
Healthcare providers need to step up investment in medical robots to cope with growing demand for hospital beds and workforce, says GlobalData
The share of people aged over 65 years in the global population is expected to increase from 9.6% in 2020 to 11.8% in 2030, according to GlobalData, placing additional strain on already stretched healthcare infrastructure. The leading data and analytics company notes that healthcare providers will need to increase investment in medical robots such as […]
Tech-enabled farming to comprise self-regulated ‘smart crops’ by 2030, says GlobalData
Climate change and population growth will drive the need for ‘smart’ crops to meet food demands, according to GlobalData. The leading data and analytics company notes that the huge amount of data that would be needed to ensure the highest crop efficiency will lead to greater automation in farming by 2030. Fourth agricultural revolution brings […]
Banking will be centered around the smartphone by 2030 as all countries become functionally cashless, says GlobalData
All countries will be functionally cashless by 2030, according to GlobalData. The leading data and analytics company notes that even developing nations in Asia and Africa are jumping straight from physical cash to mobile payments. $140 trillion worth of transactions made by mobile wallets by 2030 This prediction came about as part of GlobalData’s latest […]
Sanofi and Regeneron’s positive data for Dupixent in children will help companies remain market leaders for next five to 10 years, says GlobalData
Following the news that Sanofi and Regeneron presented analyses from the LIBERTY AD PRESCHOOL (NCT03346434) study of interleukin (IL)-4/13 inhibitor, Dupixent (dupilumab), at the European Academy of Dermatology and Venereology (EADV) 2022; Ramla Salad, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Dupixent is proving to be very efficacious, even […]
Breakfast menus will boost struggling restaurants, as 44% of Americans report high spending in coffee and tea shops, says GlobalData
Restaurants in the US that are struggling to stay afloat should consider selling breakfasts, according to GlobalData, which notes that the breakfast category is the only one not seeing decline. The leading data and analytics company found that 43% of Americans now report eating out less frequently*, but could be tempted to grab a breakfast if it was convenient and affordable. Breakfast sales benefit from 44% of US customers returning to office work According to a consumer survey by GlobalData, 44%* of US […]
Falling pound will be the last straw for many UK pubs if strategy is not changed, says GlobalData
Following announcements that the pound has reached new lows since the introduction of tax cuts in the UK’s budget; Ramsey Baghdadi, Foodservice Analyst at GlobalData, a leading data and analytics company, offers his view: “The UK foodservice industry has been experiencing healthy growth, especially since social distancing rules ended and more people are dining out. […]
Remote patient monitoring devices set to become $760 million industry by 2030 they help keep elderly patients at home reducing burden on hospitals, says GlobalData
The use of efficient remote patient monitoring (RPM*) technology will be vital to prevent healthcare systems from becoming overburdened as the global population ages, according to GlobalData, a leading data and analytics company. Remote patient monitoring devices market to be worth $760 million by 2030 The RPM devices market was one of the fastest-growing industries […]
Power companies on track for energy transition but must not neglect full ESG responsibilities, says GlobalData
Power companies will face increasing pressure to respond to both social and governance issues while navigating their way through the energy transition process in the following decade, according to GlobalData, a leading data and analytics company. A focus on ‘E’ in ‘ESG’: 40% global power to come from renewables by 2030 GlobalData’s latest report, ‘ESG […]
Online shopping trend to completely change how we shop at physical stores by 2030, predicts GlobalData
People love the convenience of shopping online, and experts at GlobalData believe that, by 2030, this will have an even greater impact on the high street than we see today. The leading data and analytics company predicts that stores will focus on ‘customer experiences’, which includes increased personalization of products; malls becoming ‘entertainment centers’ alongside […]
Lithium shortages to severely stall advanced electric transport projects such as flying taxis, says GlobalData
Electric vehicle (EV) production is demanding high numbers of lithium-ion batteries, which are already in short supply. However, this demand will mean that innovative transport projects such as flying taxis and the hyperloop concept will be right at the back of a ‘lithium battery queue’ and will, therefore, not see the light of day by […]
Malfunctions in heart surgery device MitraClip could cost 600 patients millions in follow-up surgery and may end Abbott’s market supremacy, says GlobalData
With transcatheter mitral valve repair (TMVR) heart surgery being one of the fastest-growing fields in the realm of heart surgery at the moment—leading data and analytics company GlobalData expects the market to more than double in size to $3.4bn by 2030—it would appear to be plain sailing for Abbott as its TMVR therapy MitraClip is […]
Mobile gaming to represent over 50% of revenues in what will be a $470 billion gaming industry by 2030, says GlobalData
Mobile gaming is where the money is, according to GlobalData, which notes that these games will represent over half of gaming industry revenues in 2030. The leading data and analytics company presents a striking chart from its Video Games Research report showing the continued dominance of mobile gaming—which includes games played on both smartphones and […]
Global telecoms service providers are being ‘net-zero heroes’, but we must be mindful of greenwashing risks when it comes to far-off targets, says GlobalData
The recent substantial damage that floods have caused in Pakistan is a devastating reminder that climate change remains the single most important challenge facing the planet. Research by GlobalData has revealed that the technology and telecoms sector are being ‘net-zero heroes’ by making ‘sustainability’ an operational priority. The leading data and analytics company notes that […]
Apple’s Emergency SOS service sets stage for showdown with operators and others planning similar offers, says GlobalData
Following the news that Apple is launching an Emergency SOS via satellite service in the US and Canada for its new iPhone 14 models; Tammy Parker, Principal Analyst at GlobalData, offers her view: “The smartphone race to space is on, but it’s unclear how competition in this new service segment will shake out among potential […]
eSIM-only iPhone 14, Satellite SOS, and a rugged Watch Ultra spell a strong holiday quarter for Apple, says GlobalData
Following the news that Apple announced its new iPhone 14 line of phones; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Apple’s iPhone 14 series is the company’s first eSIM-only phone line-up. The phones exclude a physical SIM tray, but only for the US—signalling a phased approach to […]
Neither Convidecia Air nor BBV154 are first inhaled COVID-19 vaccines to be approved, but this category could be key to breaking COVID-19 wave cycle, says GlobalData
Contrary to some media claims, neither CanSino Biologics’ Convidecia Air nor Bharat Biotech’s BBV154 are the first inhaled COVID-19 vaccines to market, according to GlobalData, which highlights that two such vaccines were approved in Russia in March and July this year. However, the leading data and analytics company notes that the trend towards inhaled vaccines […]