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Following the news that Santander UK has agreed to acquire the entirety of TSB Banking Group plc (TSB) from Spanish rival Banco de Sabadell, S.A. (Sabadell) for GBP2.65 billion in the face of the latter’s hostile takeover by BBVA; Jonathan Vaughan Burleigh, Associate Analyst, Banking and Payments at GlobalData, a leading data and analytics company, […]
High costs and limited access threaten progress in HIV treatment despite new drug advances, says GlobalData
Despite major strides in antiretroviral therapy (ART), the human immunodeficiency virus (HIV) market still faces serious challenges that threaten long-term control of the disease. The most pressing issue is the lack of affordable access to newer therapies, which—despite offering better adherence and fewer side effects—remain out of reach for many patients due to high costs […]
Aviva fast tracks Direct Line acquisition, building insurance powerhouse, says GlobalData
Following the news that Aviva’s GBP3.7 billion acquisition of Direct Line Insurance Group is set to finalize on or around 1 July 2025 after a High Court Sanction hearing and the firm expressing it will proceed with the deal ahead of receiving clearance from the Competition and Markets Authority (CMA); Beatriz Benito, Lead Insurance Analyst […]
Iran conflict will push insurance brokers to reevaluate geopolitical risk, says GlobalData
Less than 10% of UK insurance brokers viewed political instability as their top concern in 2025, but the recent conflict involving Iran, Israel, and the US—as well as the Strait of Hormuz crisis—is forcing a rethink. As war risk premiums surge, especially around key shipping routes, brokers may need to reassess their priorities to better […]
5G-led mobile data segment to drive total mobile service revenue growth in India over 2024-2029, forecasts GlobalData
India’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 5.4% from $30.2 billion in 2023 to $39.3 billion in 2029, driven by the continued rise in mobile service penetration, especially in rural/underserved markets and growth in the 5G-led mobile data services segment, forecasts GlobalData, a leading data and […]
New CGM-enabled insulin delivery systems address demand for automated diabetes care, says GlobalData
With around 2 million Americans living with type 1 diabetes, and an increasing number of insulin-requiring type 2 cases, the US healthcare system is experiencing growing demand for simplified, automated diabetes care. The integration of Abbott Laboratories’ FreeStyle Libre 3 Plus continuous glucose monitor (CGM) with the Tandem t:slim X2 insulin pump system marks a […]
Hong Kong credit and charge card payments market to surpass $130 billion in 2025, forecasts GlobalData
The Hong Kong (China SAR) credit and charge card payments market is projected to reach HKD1.0 trillion ($132.4 billion) in 2025e, reflecting a robust growth of 6.0% compared to the previous year. This growth is mainly driven by the rising acceptance of digital payment solutions and a shift in consumer behavior towards cashless transactions, according […]
Fixed communication services revenue in Hong Kong to grow at 2.5% CAGR during 2024-2029, forecasts GlobalData
The fixed communication services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 2.5% from $2.7 billion in 2023 to $3.1 billion in 2029, supported by the fixed broadband service segment, reveals GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Fixed Communication Forecast (Q1 2025) reveals […]
India fixed communication services revenue to grow at 5.2% CAGR during 2024-2029, forecasts GlobalData
The total fixed communication services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 5.2% from $12.8 billion in 2024 to $16.5 billion in 2029, mainly driven by the healthy growth in the fixed broadband segment, reveals GlobalData, a leading data and analytics company. GlobalData’s India Fixed Communication Forecast […]
India emerges as bright spot in a volatile global venture capital market during January-May 2025, reveals GlobalData
India has emerged as a beacon of resilience in the world of venture capital (VC), posting a 14% year-on-year (YoY) rise in deal volume and a 29% jump in deal value during the first five months of 2025. This growth signals rising investor confidence in Indian startups, even as other major markets like China and […]
Zoom’s latest CX features keep it at the forefront of competition, says GlobalData
Zoom Communications’ (Zoom) latest enhancements to its customer experience platform (Zoom CX) signal a leap forward in the contact center space. With agentic AI capabilities—including an upgraded Zoom Virtual Agent—Zoom is adapting to the future of AI-driven customer experience, and positioning itself as a formidable force in the field, says GlobalData, a leading data and […]
Mobile service revenue in Hong Kong to increase at 1.2% CAGR over 2024-2029, forecasts GlobalData
Hong Kong’s mobile services market will see moderate growth in its revenue at a compound annual growth rate (CAGR) of 1.2% from $2.7 billion in 2024 to $2.9 billion in 2029, mainly supported by growth in mobile data service segment, while mobile voice service revenue continues to decline, forecasts GlobalData, a leading data and analytics […]
UK VC funding deal volume and value down by 13% and 14% YoY during January-May 2025, finds GlobalData
The venture capital (VC) funding landscape in the UK has experienced a year-on-year (YoY) decline in both deal volume and value during the first five months of 2025. VC deal volume declined around 13%, mirroring a broader contraction in global VC activity, which saw a reduction of around 6% in deal volume. Deal value declined […]
Tesla’s robotaxi fuels ride-hailing market hopes and social media buzz but safety questions loom, reveals GlobalData
Tesla’s much-anticipated robotaxi debut recently in Austin has sparked intense social media activity, blending enthusiasm with critical scrutiny. While early adopters praised the innovation and smooth user experience, concerns about safety and performance persist. Influencers are now driving conversations around Tesla’s potential to disrupt the ride-hailing market, comparing its cautious rollout to more mature autonomous […]
China VC funding value down 48% YoY during January-May 2025, reveals GlobalData
China’s venture capital (VC) funding landscape has encountered notable challenges in terms of both deal volume and deal value during the first five months of 2025. While the VC deal volume experienced a year-on-year (YoY) decrease of around 11% during January-May 2025, the downturn is even more pronounced in terms of deal value at nearly […]
Mobile service revenue in South Korea to increase at 2.5% CAGR over 2024-2029, forecasts GlobalData
South Korea’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 2.5% from $21.6 billion in 2024 to $24.5 billion in 2029, driven by the growth in mobile data services segment and an increase in M2M/IoT subscriptions, forecasts GlobalData, a leading data and analytics company. M2M/IoT subscriptions are set […]
Card payments in Taiwan (Province of China) market to grow by 6.8% in 2025, forecasts GlobalData
The Taiwan card payments market is expected to grow by 6.8% to reach TWD5.4 trillion ($167.4 billion) in 2025, supported by constant consumer shift towards non-cash payments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that Taiwan saw a growth of 19.1% in card payments value in 2023 driven by […]
Indonesia fixed communication services market to reach $3.7 billion in 2029, forecasts GlobalData
Fixed communication service revenue in Indonesia is set to grow at a compound annual growth rate (CAGR) of 4% from $3 billion in 2024 to $3.7 billion in 2029, driven by the growth in the fixed broadband service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Indonesia Fixed Communications Forecast model (Q1 2025) […]
US VC funding breaches $100 billion mark in first five months of 2025, finds GlobalData
The venture capital (VC) funding landscape in the US has demonstrated remarkable performance in early 2025. While the total number of VC deals has experienced a slight decline of around 5% year-on-year (YoY) during January-May 2025, deals value has surged significantly by more than 90% to $101 billion, underscoring a robust appetite for investment in […]
Thailand fixed communication services market to reach $2.5 billion in 2029, forecasts GlobalData
Fixed communication services revenue in Thailand is expected to grow, albeit at a marginal compound annual growth rate (CAGR) of of 2.6% from $2.2 billion in 2024 to $2.5 billion in 2029 mainly supported by the fixed broadband service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s research reveals that fixed voice service […]