Sarath.Chandra@globaldata.com

Pharma

Antibody-drug conjugates gain traction in China oncology market, says GlobalData

Antibody-drug conjugates (ADCs) are the novel class of targeted drugs that have been extensively studied in recent years as potential treatment options either as monotherapies or in combination with other anticancer drugs for various tumors on a global scale. In this context, the focus of several domestic companies in China has shifted to developing novel […]

Consumer

L’Oréal acquisition will help Australian beauty brand Aesop global expansion, says GlobalData

Following the news that L’Oréal has agreed to acquire Australian luxury skincare, haircare, and fragrance brand Aesop for $2.5 billion: Lia Neophytou, Lead Analyst of Health & Hygiene at GlobalData, offers her view: “Targeted acquisitions of emerging and established players with engaged audiences have allowed L’Oréal to stay relevant in the rapidly evolving beauty industry. […]

Technology

5G to drive Singapore mobile service revenue to over $2 billion in 2027, forecasts GlobalData

The growing uptake of 5G services in Singapore is expected to fuel the mobile data segment, which in turn is set to drive the country’s mobile service revenue at a CAGR of 3% from 2022 to 2027. As a result, the revenue is projected to reach $2.1 billion by the end of the forecast period, […]

Disruptor

GPT-4 ignites race for artificial general intelligence, says GlobalData

The recent launch of GPT-4 by OpenAI is likely to open the chase for developing stronger AI systems accelerating the evolution towards artificial general intelligence (AGI), says GlobalData, a leading data and analytics company. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments: “GPT-4 is a big leap from its predecessor GPT-3.5 given its […]

Aerospace, Defense & Security

Taiwan efforts to modernize air, naval capabilities to spur defense budget at 4.6% CAGR through 2028, forecasts GlobalData

Amidst persistent military threats from China regarding the “One China Policy,” Taiwan is striving to modernize its air and naval combat capabilities. Against this backdrop, the defense expenditure by the country is expected to witness a compound annual growth rate (CAGR) of 4.6% to reach $20.8 billion in 2028, forecasts GlobalData, a leading data and […]

Business Fundamentals

Cybersecurity job postings in travel and tourism industry up by 54% YoY in 2022, finds GlobalData

The COVID-19 pandemic had a profound impact on the travel and tourism industry, with the sector experiencing significant challenges as a result. Despite the obstacles faced by the industry, the cybersecurity job postings managed to remain stable and even grew by an impressive 54% year-on-year (YoY) in 2022, reveals GlobalData, a leading data and analytics […]

Business Fundamentals

Economic recovery in Venezuela to sustain in 2023 and 2024, says GlobalData

The government of Venezuela’s agreement with the opposition party and the easing of certain US sanctions in November 2022 have provided a much-needed boost to the country’s economy. This, coupled with increased oil production supported by high demand linked to the sanctions against Russian oil, has led to a positive outlook for the country. As […]

Business Fundamentals

First Republic Bank suffers highest decline in market value in March, reveals GlobalData

First Republic Bank has experienced a staggering loss of $20.1 billion in a span of just 24 days, from 1 March to 24 March 2023. This financial setback has resulted in a drop in the bank’s market value to a mere $2.2 billion, reveals the Company Profiles Database of GlobalData, a leading data and analytics […]

Technology

European telcos will have to decide between vertical integration or horizontal disintegration, says GlobalData

The European telecommunications industry is facing a complex set of challenges, leaving C-Suites with difficult decisions to make. Against this backdrop, European telecoms companies will need to choose between vertical integration or horizontal disintegration to navigate these challenges, says GlobalData, a leading data and analytics company. Robert Pritchard, Senior Enterprise Technology and Services Analyst at […]

Business Fundamentals

Alibaba new organizational and governance structure spurs positive social media sentiment, finds GlobalData

Alibaba Group Holdings Ltd has announced a new organizational and governance structure to promote innovation and capture opportunities in their respective markets and industries. The company’s stock prices surged following the announcement. Against this backdrop, social media (Twitter and Reddit) conversations around Alibaba have spiked dramatically with a gain of 80% in the last seven […]

Aerospace, Defense & Security

New Zealand potential involvement in AUKUS agreement might enhance defence capabilities and address regional security challenges, says GlobalData

Following the news that New Zealand expressed its willingness in joining the non-nuclear ‘pillar two’ of the AUKUS agreement that involves working on several emerging technologies; Harshavardhan Dabbiru, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “The technologies associated with the AUKUS pact have significant potential to enhance the defence […]

Technology

India fixed communication services revenue to grow at 6.4% CAGR during 2022-2027, forecasts GlobalData

The total fixed communication services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 6.4% from $10.2 billion in 2022 to $13.9 billion in 2027, mainly driven by the strong growth in the fixed broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s India Fixed Communications Forecast […]

Disruptor

Generative AI finds new business applications beyond ChatGPT, says GlobalData

While the tech world is abuzz with ChatGPT, its underlying technology i.e., generative AI has capabilities that go beyond simple chatbots with normal query-answering features to write essays, debug codes, and explain complex topics. The technology gains investor attention to find new applications such as data augmentation, product development, and risk management across sectors, finds […]

Pharma

NMPA approval for Likang Life personalized neoantigen-targeted vaccine LK101 injection sets stage for exciting developments in cancer treatment, says GlobalData

Likang Life Sciences has recently been granted implied approval by the National Medical Products Administration (NMPA) for the clinical trial of its innovative personalized neoantigen-targeted vaccine LK101 Injection for advanced solid tumors. This breakthrough marks the first of its kind in China and represents a significant milestone in innovative drug discovery pathways for cancer treatment. […]

Banking

Cards remain most preferred e-commerce payment tool in Saudi Arabia, reveals GlobalData

Cards remain the most popular payment method for e-commerce transactions in Saudi Arabia, accounting for more than one-third of all online purchases. This highlights the continued dominance of cards in the Saudi Arabian e-commerce market and underscores the importance of card-based payment options for consumers, reveals the 2022 Financial Services Consumer Survey* by GlobalData, a […]

Technology

Broadband services to drive Australia fixed communications market to $8.3 billion in 2027, forecasts GlobalData

The fixed communications market in Australia is expected to see steady growth with a projected compound annual growth rate (CAGR) of 0.7% from 2022 to 2027. Although there is expected to be a decline in fixed voice revenues, this is set to be offset by a rise in fixed broadband service revenues, which are anticipated […]

Banking

Australia card payments market to surpass $600 billion in 2023, forecasts GlobalData

The card payments market in Australia is expected to grow by 8.1% to reach AUD896.5 billion ($610.8 billion) in 2023, supported by the rising consumer spending, says GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payments value in Australia was estimated to register a healthy growth of 8.7% in […]

Business Fundamentals

VC funding in India startups nosedives 80.8% YoY in January-February 2023, finds GlobalData

Venture capital (VC) funding activity was affected in India in 2023 both in terms of volume as well as value but the impact was significantly prominent in value terms. While the deal volume declined by 56.3% year-on-year (YoY) during January-February 2023, the corresponding deal value declined by a massive 80.8%, according to GlobalData, a leading […]

Disruptor

Carbon management helps enterprises tackle climate change, says GlobalData

As the urgency to combat global warming intensifies, enterprises are increasingly adopting rapid decarbonization practices to align their business strategies with sustainable development goals (SDGs). With a focus on addressing the dual crises of climate change and the ongoing destruction of natural ecosystems, businesses are at the forefront of sustainability efforts and are highly interested […]

Business Fundamentals

Brazil economy to grow by 0.8% in 2023, forecasts GlobalData

Brazil’s economy is projected to remain subdued in 2023, with several factors such as slower employment growth and tighter lending conditions expected to constrain consumer spending and investments. Against this backdrop, the country’s economic growth is set to slowdown from 3% in 2022 to 0.8% in 2023, forecasts GlobalData, a leading data and analytics company. […]

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Antibody-drug conjugates gain traction in China oncology market, says GlobalData

L’Oréal acquisition will help Australian beauty brand Aesop global expansion, says GlobalData

5G to drive Singapore mobile service revenue to over $2 billion in 2027, forecasts GlobalData

GPT-4 ignites race for artificial general intelligence, says GlobalData

Taiwan efforts to modernize air, naval capabilities to spur defense budget at 4.6% CAGR through 2028, forecasts GlobalData

Cybersecurity job postings in travel and tourism industry up by 54% YoY in 2022, finds GlobalData

Economic recovery in Venezuela to sustain in 2023 and 2024, says GlobalData

First Republic Bank suffers highest decline in market value in March, reveals GlobalData

European telcos will have to decide between vertical integration or horizontal disintegration, says GlobalData

Alibaba new organizational and governance structure spurs positive social media sentiment, finds GlobalData

New Zealand potential involvement in AUKUS agreement might enhance defence capabilities and address regional security challenges, says GlobalData

India fixed communication services revenue to grow at 6.4% CAGR during 2022-2027, forecasts GlobalData

Generative AI finds new business applications beyond ChatGPT, says GlobalData

NMPA approval for Likang Life personalized neoantigen-targeted vaccine LK101 injection sets stage for exciting developments in cancer treatment, says GlobalData

Cards remain most preferred e-commerce payment tool in Saudi Arabia, reveals GlobalData

Broadband services to drive Australia fixed communications market to $8.3 billion in 2027, forecasts GlobalData

Australia card payments market to surpass $600 billion in 2023, forecasts GlobalData

VC funding in India startups nosedives 80.8% YoY in January-February 2023, finds GlobalData

Carbon management helps enterprises tackle climate change, says GlobalData

Brazil economy to grow by 0.8% in 2023, forecasts GlobalData

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