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The total mobile service revenue in China is poised to increase from US$131.8bn in 2021 to US$173bn in 2026, at a compounded annual growth rate (CAGR) of 5.6%, mainly driven by the robust growth in mobile data services segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s China Mobile Broadband Forecast Pack (Q4 2021) […]
AbbVie MDD drug Vraylar will have to compete with low-cost aripiprazole and quetiapine generics, says GlobalData
AbbVie has recently submitted a supplementary new drug application (sNDA) to the FDA for Vraylar (cariprazine) as the adjunctive treatment of major depressive disorder (MDD). However, pricey Vraylar will have to compete with low-cost aripiprazole and quetiapine generics, with competition becoming even fiercer when generic brexpiprazole enters the market in 2026, according to GlobalData, a […]
Adtech to drive Internet advertising industry to $1 trillion in 2030, forecasts GlobalData
Advertising technology (adtech) is a blanket term covering all software and services used to deliver and target digital advertisements. It is the backbone of the Internet advertising industry, which is set to grow from $438bn in 2021 to $1 trillion in 2030, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Advertising Tech […]
Decarbonization technologies
Decarbonization technologies are gaining momentum to cut down CO2 emissions from the use of fossil fuels and develop carbon-negative products. Cleantech 2.0, a new wave of interest in environmental technologies, stresses pursuing more sustainable approaches to save the planet as it grapples with a flurry of critical issues like climate change, mass extinction, and depletion […]
Russia-Ukraine conflict likely to derail planned M&A deals, says GlobalData
The ongoing Russia-Ukraine conflict is expected to affect the completion of announced or planned cross-border mergers and acquisitions (M&A) deals involving targets based in Russia or Ukraine, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that, 13 cross-border M&A deals involving acquisition targets based in Russia […]
Total fixed communication service revenue in China to drop by 0.9% CAGR over 2021-2025, forecasts GlobalData
The total fixed communications services revenue in China is expected to decline at a compounded annual growth rate (CAGR) of 0.9% from US$250bn in 2021 to US$239bn in 2026 due to drop in average revenue per user (ARPU) levels, according to GlobalData, a leading data and analytics company. GlobalData’s China Fixed Communication Forecast reveals that […]
Novel CAR-T cell approaches of Chinese pharma promote clinical innovation and can address remaining unmet needs, says GlobalData
Chinese pharma companies are continuously focusing on the research and development of new innovative oncology therapies. Recently, Innovent Biologics and Gracell Biotechnologies have initiated Phase I trials for their innovative chimeric-antigen receptor T (CAR-T) therapies. It could further address remaining unmet needs, says GlobalData, a leading data and analytics company. Gracell Biotechnologies’ GC012F is developed […]
Elon Musk tops GlobalData list of top 50 CEOs on Twitter in Q4 2021
Elon Musk, the co-founder and CEO of Tesla, has emerged as the top CEO in the list of top 50 CEOs based on Global Score and average reactions per post on Twitter during the fourth quarter (Q4) of 2021, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Global Score […]
AML treatment landscape in China evolving with availability of multiple precision therapy options, says GlobalData
China has recently approved CStone Pharmaceuticals’ Tibsovo (ivosidenib tablets) for the treatment of adult patients with relapsed/refractory acute myeloid leukemia (R/R AML) with a susceptible isocitrate dehydrogenase-1 (IDH1) mutation, providing a new precision therapy for this patient population. With multiple precision therapies now available, the cancer treatment arsenal is expanding for adult acute myeloid leukemia […]
Fiber services to support Australia fixed communications market over next five years, forecasts GlobalData
Projected rise in the fixed broadband service revenues will offset the decline in fixed voice revenues and support the overall fixed communications market in Australia, which is set to increase at a compound annual growth rate (CAGR) of 1.4% from US$9.1bn in 2021 to US$9.7bn by 2026, according to GlobalData, a leading data and analytics […]
General insurance industry in Taiwan to reach $10.4bn in 2025, forecasts GlobalData
The general insurance industry in Taiwan is projected to grow at a compound annual growth rate (CAGR) of 6.7% from TWD200.1bn ($6.8bn) in 2020 to TWD277.0bn ($10.4bn) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data, and analytics company. GlobalData’s strategic intelligence report, ‘Taiwan General Insurance – Key Trends […]
Australia mobile services revenue to increase at 3% CAGR over 2021-2026, forecasts GlobalData
Mobile service revenue in Australia is expected to increase from US$9.6bn in 2021 to US$11.2bn in 2026, at a compound annual growth rate (CAGR) of 3%, mainly driven by the mobile data service segment, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Australia Mobile Broadband Forecast Model (Q4-2021) reveals that […]
GlobalData – Internet from Sky: Can LEO Satellites Transform the Future of Connectivity?
Total funding in low earth orbit satellites (LEOs) surpassed $100m in 2021 to support the decline of satellite launch costs, innovative satellite tracking antennas, and ground station equipment to meet the growing satellite internet market demand and provide connectivity in hard-to-access environments. Between 2020 and 2021, total investment in LEO surged by 650%. GlobalData’s recent […]
Startups promise next wave of web 3.0 transition, finds GlobalData
CEOs and business leaders across industries are eagerly discussing the impact of emerging technologies and innovations such as the development of web 3.0, the third iteration of the Internet. Web 3.0 promises free and transparent flow of digital content and data with privacy and decentralization. Against this backdrop, startups are leading the charge to offer […]
Robert Bosch job adverts in India see 189% rise in January 2022, finds GlobalData
German multinational engineering and technology company Robert Bosch’s (Bosch) job postings in India sharply increased month-on-month from 605 roles in December 2021 to over 1,000 job postings in January 2022. Year-on-year, job adverts in the country increased by a staggering 189% in January 2022, according to the Job Analytics Database of GlobalData, a leading data […]
Industrial Decarbonization
In a world where climate change is increasingly influenced by harmful emissions, decarbonizing the industrial sector becomes the immediate priority to phase out CO2 emanations from the use of fossil fuels. As countries and companies target net zero emissions by 2050, the term industrial decarbonization gathers momentum as an amalgamation of emerging technologies, advanced materials, […]
Venture capital firms infuse $3.2bn in Indian startup ecosystem during January 2022, finds GlobalData
At a time when the global markets are struggling with the COVID-19 pandemic, Indian startup ecosystem is turning crisis into an opportunity. The country has witnessed the announcement of 153 venture capital (VC) funding deals during January 2022 with a disclosed funding value of $3.2bn, reveals GlobalData, a leading data and analytics company. This is […]
GlobalData AI model reveals 3x quarter-on-quarter spike in unicorn births in Q4 2021
COVID-19 has forced companies across all industries to accelerate the adoption of various disruptive technologies such as artificial intelligence (AI), blockchain, cybersecurity, robotics, fintech, and Internet of Things (IoT) to stay competitive in the new business environment. As a result, investors are keen to place bets on startups that are disrupting industries and, in the […]
Venture capital investors pour in $6.5bn funding in China startups during January 2022, finds GlobalData
China continues to be the most favorite destination for venture capital (VC) investors across the Asia-Pacific (APAC) region. China startups raised $6.5bn VC funding during January 2022, the highest across the region during the month, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that a total of […]
India TMT IPO pipeline looks promising after stellar 2021, says GlobalData
The technology, media, and telecom (TMT) IPO market in India is going from strength to strength. In 2021, listings were centered around Internet-driven themes like e-commerce and fintech. These themes will continue to gain prominence as digital adoption in the country further gathers momentum and eventually result in more successful listings in 2022, says GlobalData, […]