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The total mobile service revenue in Taiwan is poised to increase at a compound annual growth rate (CAGR) of 1.0% from $5.9 billion in 2025 to $6.2 billion in 2030, mainly supported by increase in 5G subscriptions and rising adoption of mobile data services, according to GlobalData, a leading data and analytics company. Global Data’s […]
Cellular M2M/IoT connections in APAC to hit 1.3 billion in 2030, forecasts GlobalData
The total number of Machine-to-Machine (M2M) / Internet of Things (IoT) cellular connections in the Asia-Pacific (APAC) region are projected to grow at a compound annual growth rate (CAGR) of 9.1% from 2025 to 2030 and reach 1.3 billion by end of 2030, mainly driven by 5G advancements, expanding digital infrastructure, and increasing availability and […]
India consumer lending market to surpass $1 trillion in 2029, forecasts GlobalData
The consumer lending market in India is expected to a register a compound annual growth rate (CAGR) of 7.4% between 2025 to 2029 to reach $1 trillion in 2029, supported by robust economic growth, urbanization and growing consumer demand for housing, vehicles, and consumer durables, according to GlobalData, a leading data and analytics company. GlobalData’s […]
Zoom introduces AI features at Zoomtopia 2025 to keep pace with rivals, says GlobalData
Zoom used its scaled-down “Zoomtopia 2025” event to showcase new artificial intelligence (AI) features that strengthen its Workplace platform and help it stay competitive with rivals. Despite the shorter, virtual-only format, the company delivered meaningful updates, highlighting the upcoming launch of Zoom AI Companion 3.0 and fresh integrations that expand its reach across widely used […]
UK consumers like to see more diversity in the board rooms of insurers, says GlobalData
UK consumers are voicing stronger calls for diversity in insurance boardrooms, with many wanting greater representation of women and ethnic minorities in leadership roles. Despite some progress, the sector continues to lag other industries in inclusivity, and rising consumer pressure signals that diversity within decision-making ranks could soon become a critical benchmark for insurers, according […]
APAC hybrid EV powertrains market, excluding 48V MHEV, to record 5.2% CAGR over 2025-30, forecasts GlobalData
The Asia-Pacific (APAC) hybrid electric vehicle (HEV) powertrain market, excluding 48V mild hybrids (MHEV), is projected to grow at a compound annual growth rate (CAGR) of 5.2% between 2025 and 2030. Rising consumer demand for practical alternatives to battery-electric vehicles, coupled with automakers’ focus on pragmatic decarbonization strategies, is positioning hybrids as a vital bridge […]
AI smartphones to boost UK phone sales to grow over twice as fast as electricals sector, says GlobalData
AI-enabled smartphones are set to be the key growth driver in the UK electricals sector, with sales forecast to rise at more than twice the pace of the wider sector. By offering advanced features and enhancing consumer experiences, these devices will not only accelerate upgrade cycles but also limit the appeal of secondhand platforms like […]
UK venture capital market contracts but retains global standing in 2025, finds GlobalData
The UK venture capital (VC) market has slowed in 2025, with deal volume falling by 13% and funding value dropping 17% year-on-year (YoY) during January-August 2025. While this signals a challenging investment climate, the UK continues to secure some major deals and remains one of the top five VC markets worldwide, according to GlobalData, a […]
GlobalData’s AI tool predicts pharmaceutical drug approvals with 85% success rate
GlobalData’s enhanced AI-powered Likelihood of Approval (LoA) model boosts its predictive power, providing probability of a drug receiving market authorization. LONDON, 25 September 2025 – GlobalData Plc, the trusted intelligence partner to the world’s most successful organizations, today announced the significant accuracy of its upgraded predictive analytics tool “Likelihood of Approval (LoA)” model, powered by […]
India dental implants and abutments market to grow at 6% CAGR through 2034, forecasts GlobalData
India’s dental implants and abutments market is entering a decade of structural change, driven less by sheer volume growth and more by a shift in expectations from both patients and practitioners. The conversation is moving away from affordability alone toward reliability, aesthetics, and clinical outcomes. Reflecting this shift, India’s dental implants and abutments market is […]
Retailers prioritising convenience are poised to dominate market share gains in 2025, says GlobalData
Following the release of GlobalData’s latest report, “2025 Winners and Losers in the Global Retail Market,” which reveals that consumers are continuing to spend on retailers offering heightened levels of convenience, whether online or instore; Emily Scott, Retail Analyst at GlobalData, a leading data and analyst company, offers her view: “As consumer expectations of convenience […]
China VC funding value drops 36% YoY even as deal volume rises 3% during January-August 2025, finds GlobalData
China’s venture capital (VC) market showed mixed signals in the first eight months of 2025. While deal activity rose modestly by 3% year-on-year (YoY), overall funding value fell sharply by 36%. The decline underscores investor caution, with fewer big-ticket deals being announced compared to last year, reflecting both macroeconomic headwinds and regulatory uncertainties, according to […]
US VC funding value soars 64% YoY even as deal volume dips 5% during January-August 2025, finds GlobalData
The US venture capital (VC) landscape registered a 64% year-on-year (YoY) surge in funding value during January to August 2025 even as deal activity slipped 5%. Investors are backing fewer but larger deals, signaling a preference for scale and impact. With landmark billion-dollar raises, the US has reinforced its dominance in global VC funding, reveals […]
India 3T MRI systems market to grow at 12% CAGR through 2036, forecasts GlobalData
India’s medical imaging sector is undergoing rapid transformation with hospitals increasingly adopting advanced magnetic resonance imaging (MRI) systems to improve diagnostic accuracy. Against this backdrop, the 3T MRI systems market in India is anticipated to grow at a compound annual growth rate (CAGR) of approximately 12% between 2024 and 2036, forecasts GlobalData, a leading data […]
Breakthroughs in idiopathic pulmonary fibrosis may lead to first approval in years, says GlobalData
After years of limited progress, new treatments for idiopathic pulmonary fibrosis (IPF) are moving closer to approval. Boehringer Ingelheim’s nerandomilast has shown strong Phase III results and could secure approval later in 2025, while United Therapeutics’ inhaled treprostinil advances in late-stage trials, signaling a potential breakthrough for patients facing this debilitating lung disease, says GlobalData, […]
Hong Kong (China SAR) payment card market to surpass $230 billion in 2029, forecasts GlobalData
Hong Kong (China SAR) payment card transaction value (including point of sale (POS) payments and ATM cash withdrawals) is expected to reach HKD1.8 trillion ($233.6 billion) in 2029, supported by well-developed banking and payment infrastructure, and the growing preference for contactless payments, reveals GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals […]
India payment cards market to surpass $704 billion in 2025, forecasts GlobalData
India’s payment card transaction value (including point-of-sale (POS) payments and ATM cash withdrawals) is estimated to reach INR59.2 trillion ($704.4 billion) in 2025, supported by growing preference for electronic payments and rise in consumer spending, reveals GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals that card payments value (including payments at POS and […]
Japan oncology tests market to register 2% CAGR through 2034, forecasts GlobalData
Japan’s oncology tests market is consolidating its position as a frontrunner in advancing cancer care, underpinned by the country’s growing elderly population and the escalating burden of the disease. As these pressures mount, reliance on the next-generation diagnostic technologies, central to precision oncology, is increasing. Propelled by these factors, the Japan oncology tests market is […]
GlobalData empowers investors with AI-powered predictive intelligence to spot future unicorns
In an era defined by a global startup revolution, the billion-dollar valuation of startups has become a hallmark of market leadership and innovation. GlobalData Plc, the trusted intelligence partner to the world’s most successful organisations, is setting the benchmark in predictive intelligence with its proprietary artificial intelligence (AI)-driven Unicorn Prediction Model. This advanced framework empowers […]
Agentic AI gains prominence in boardroom discussions, finds GlobalData
Corporate boardrooms are buzzing with a new artificial intelligence (AI) narrative. There are notable company discussions around agentic AI in 2025, as firms shift from basic automation and generative AI (GenAI) pilots toward autonomous, decision-making AI systems that can plan, reason, and execute, according to GlobalData, a leading data and analytics company. Unlike conventional AI […]