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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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
APAC deal landscape shows relative resilience amidst global downturn in early 2025, reveals GlobalData
The Asia-Pacific (APAC) deal landscape has demonstrated a relatively resilient trend among all the regions in 2025. While the overall deal activity has experienced a slight year-on-year (YoY) decline during January-May 2025, it was relatively lesser compared to all other regions. During January-May 2025, the total number of deals announced in the APAC region has […]
India dialysis machines market to grow at 2% CAGR through 2036, forecasts GlobalData
With chronic kidney disease (CKD) cases steadily rising across India, particularly in semi-urban and rural areas, the need for affordable and advanced dialysis treatment is more urgent than ever. Against this backdrop, the dialysis machines market in India is projected to grow at a 2% compound annual growth rate (CAGR) during 2025-36, according to GlobalData, […]
Reasoning models are not always the best option for all tasks, says GlobalData
The buzz on the Generative AI (GenAI) scene is around reasoning. But reasoning models are not without limitations. They require more processing power and more tokens than standard models, making them more expensive. Additionally, the need for additional computation can also increase latency. And, as with all large language models (LLMs), they suffer from traditional […]
India card payments market to surpass $350 billion in 2025, forecasts GlobalData
The card payment market in India is poised to register 9.4% growth in 2025e, reaching INR30.1 trillion ($359.7 billion), driven by rising consumer spending and growing consumer preference for electronic payments, reveals GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals that card payments in India registered a healthy compound annual growth […]
Mobile service revenue in Indonesia to increase at 3.7% CAGR over 2024-2029, forecasts GlobalData
The total mobile service revenue in Indonesia is poised to increase at a compound annual growth rate (CAGR) of 3.7% from $11 billion in 2024 to $13.2 billion in 2029, mainly supported by the growth in mobile data service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s research reveals that while mobile voice […]
Biopharma innovation meets market headwinds tempering optimism, says GlobalData
The biopharmaceutical industry is grappling with a complex mid-year outlook in 2025, as accelerating innovation collides with mounting policy and market uncertainty. From US drug pricing reforms to global tariff tensions, sentiment has taken a hit—reflected in a 16% drop in industry optimism. Amid tightened funding, strategic partnerships are emerging as a critical lever for […]