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With the rise of emerging infectious diseases in South Korea, the importance of advanced diagnostics is becoming increasingly evident. Consequently, South Korea’s polymerase chain reaction (PCR) systems market is expected to experience a 4% compound annual growth rate (CAGR) through 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Polymerase Chain Reaction (PCR) Systems Market Size […]
UK VC funding faces headwinds but retains global relevance amid market volatility, reveals GlobalData
The UK venture capital (VC) activity witnessed a slowdown in the first seven months of 2025, with both deal volume and value declining year-on-year (YoY). The pullback reflects a combination of macroeconomic headwinds and the recalibration of investor strategies. Yet, the UK’s diversified innovation ecosystem and strong tech and healthcare sectors ensure it remains a […]
OpenAI first job postings in India point revenue-centric hiring strategy, says GlobalData
Following OpenAI’s first job postings in India; Sherla Sriprada, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, offers her view: “OpenAI’s decision to list its first-ever India openings for three distinct Account Director roles, “Digital Natives, Large Enterprise, and Strategics,” signals a strategic push to deepen market presence and strengthen customer engagement […]
Global shale oil and gas landscape set for growth beyond US, says GlobalData
The global shale oil and gas production outlook indicates a positive trend, with notable increases in production expected from top countries over the next few years, including the incumbent leader the US. Although the pace of growth has somewhat receded in the US, optimism around this unconventional resource remains, driven by technological advancements and significant […]
India robotic surgical systems market to grow at 10% CAGR through 2036, forecasts GlobalData
The robotic surgical systems market in India is set to expand at a compound annual growth rate (CAGR) of 10% through 2036, driven by increased adoption in hospitals across the country, and a focus on training medical professionals in robotic surgery techniques, forecasts GlobalData, a leading data and analytics company. GlobalData report, “Robotic Surgical Systems […]
Taiwan payment card market to surpass $578 billion in 2025 as digital payments gain traction, forecasts GlobalData
Taiwan’s (Province of China) payment card market is projected to grow 3.8% to reach TWD18.6 trillion ($578.3 billion) in 2025e, reflecting a shift from cash to digital payments. Despite ATM withdrawals still accounting for 71% of transaction value, rising POS card usage, contactless innovations, and government initiatives highlight Taiwan’s digital transformation and future opportunities for […]
Singapore embraces AI to transform pulmonary care landscape, says GlobalData
Singapore is accelerating its position as a regional leader in advanced healthcare with the adoption of AI-powered intraoperative imaging technologies for pulmonary care. The recent regulatory approval of innovative platforms designed to enhance the early detection of lung cancer marks a pivotal step toward improving diagnostic accuracy, facilitating timely interventions, and strengthening patient outcomes in […]
CPaaS vendors double down on AI, trust and network APIs, says GlobalData
Communications Platform as a Service (CPaaS) has evolved from powering omni-channel engagement to becoming a cornerstone of digital transformation. Providers are moving beyond core communications APIs to integrate artificial intelligence (AI), customer data platforms, and business applications, enabling enterprises to deliver personalized, measurable customer experience (CX) outcomes. At the same time, telcos are developing CPaaS […]
Gemini AI takes center stage in Pixel 10 Series, says GlobalData
Following yesterday’s news of Alphabet’s “Made by Google” event, Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Google used its Made by Google event to make one thing clear: the Pixel line — and Android itself — is now primarily a platform for its advancing AI. Hardware […]
Zimmer and Stryker intensify rivalry as US knee reconstruction market tops $400 million in Q2 2025, reveals GlobalData
The US knee reconstruction market surpassed $400 million in the second quarter (Q2) of 2025, with innovation and pricing strategies reshaping competitive dynamics. While Zimmer Biomet retains the lead, Stryker’s momentum signals a potential power shift. As patient demand for advanced implants rises, market leadership will hinge on technological sophistication and clinical outcomes rather than […]
Deutsche Telekom’s AI devices launch marks bold move, but questions remain on trust and differentiation, says GlobalData
Deutsche Telekom, parent of T-Mobile, has taken a bold step into AI-powered hardware with the launch of the “T Phone 3” and “T Tablet 2” in Europe. Running on the Magenta AI system built on Android 15 and powered by Perplexity AI, the devices highlight the operator’s ambition to stand out in a crowded market, […]
FIFA Club World Cup 2025 struggles with attendance despite $174.5 million sponsorship portfolio, reveals GlobalData
The expanded FIFA Club World Cup (CWC) 2025 delivered a $1 billion global broadcast deal and secured $174.5 million in sponsorships. Yet, the tournament struggled to fill stadiums, with 27 of 64 matches played before less than half-capacity crowds. High ticket prices and limited new sponsor interest pointed to FIFA’s challenge in converting commercial ambition […]
China’s credit and charge card payments market to register 2.4% growth in 2025 despite challenges, forecasts GlobalData
China’s credit and charge card payments market is expected to register a growth of 2.4% to reach CNY38.4 trillion ($5.3 trillion) in 2025, after a sluggish performance in the past two years. This growth will be driven by the rising consumer spending and increasing consumer preference for cashless transactions. Enhanced by value-added incentives such as […]
Australia X-ray systems market to expand at 4% CAGR through 2036, forecasts GlobalData
Australia’s medical imaging landscape is undergoing a transformative shift as artificial intelligence (AI) redefines diagnostic accuracy in chest X-rays. By integrating clinical data with imaging, AI is enabling earlier detection of diseases such as pneumonia, lung cancer, and tuberculosis. Against this backdrop, the X-ray systems market in Australia is anticipated to grow at a compound […]
T-cell engagers to drive immuno-oncology next growth wave, says GlobalData
The global immuno-oncology (IO) market expanded at an impressive 24.3% compound annual growth rate from $10.4 billion in 2014 to $74 billion in 2024. The success of immune checkpoint inhibitors (ICIs) and CAR-T cell therapies fueled this initial market growth. As many of the ICIs approach the patent cliff, the spotlight has shifted toward next-generation […]
Greater China leads APAC IPO activity in first seven months of 2025, reveals GlobalData
The Asia-Pacific (APAC) region’s initial public offering (IPO) market continued its upward trajectory despite market volatility and geopolitical tensions. In the first seven months of 2025, 385 listings raised an astounding $28.4 billion in the region, which marks a 32.6% year-on-year (YoY) increase in IPO proceeds. Greater China emerged as the clear leader, driven by […]
US tariffs to weigh on India export competitiveness and erode trade surplus, says GlobalData
India faces a potential economic setback following the US decision to impose a 25% tariff on Indian goods from 7 August 2025, and an additional 25% penalty tariff on Russian oil-linked imports from 27 August 2025. These measures are expected to hit key export sectors, erode the goods trade surplus, and trim GDP growth in […]
Japan credit and charge card payments to grow by 9.4% in 2025, forecasts GlobalData
Japan’s credit and charge card payments market is projected to grow by 9.4% in 2025 to reach JPY129.6 trillion ($857.3 billion), driven by the rising consumer preference for non-cash transactions and wider acceptance of credit cards among merchants, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that Japan saw […]
Global IPO market proceeds YoY climb 9.5% in first seven months of 2025, reveals GlobalData
The global IPO market displayed remarkable resilience in the first seven months of 2025, with proceeds rising 9.5% year-on-year (YoY) to $56.8 billion despite persistent market volatility and policy uncertainty. Strong investor appetite, especially in Asia-Pacific, reflects a strategic shift toward high-value listings, underpinned by favorable macroeconomic fundamentals and a recalibration of corporate capital-raising strategies […]
Green insurance gains momentum as consumer demand and climate risks intensify, reveals GlobalData
Over two-fifths of insurance industry professionals consider it vital for insurers to offer “green” or environmentally friendly insurance products, as consumer demand for ethical and sustainable offerings continues to rise. With growing awareness of climate change and environmental, social, and governance (ESG) concerns, insurers that align with these values stand to enhance customer loyalty, manage […]