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Sarath.Chandra@globaldata.com

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GlobalData highlights significant impact of aging population on medical industry

The world’s population is aging at an unprecedented rate. Advancements in healthcare, improved living conditions, and declining birth rates have contributed to an increase in life expectancy. As a result, the proportion of elderly individuals in many countries is growing rapidly. This demographic shift presents both challenges and opportunities, particularly in the medical devices industry, […]
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Fiber to drive Japan fixed communication services market to over $26 billion in 2029, forecasts GlobalData

Fixed communication services revenue in Japan is expected to grow marginally from $25.4 billion in 2024 to $26.6 billion in 2029, maintaining a sluggish CAGR of 0.9%.  The decline in fixed voice services will continue, while broadband growth remains moderate, driven by increasing fiber adoption but offset by falling cable and xDSL subscriptions, says GlobalData, […]
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Malaysia card payments market to surpass $90 billion in 2025 driven by digital shift, forecasts GlobalData

The card payment market in Malaysia is poised for strong growth, projected to reach MYR422.4 billion ($92.6 billion) in 2025, driven by increasing consumer spending and the growing shift towards digital payments. This growth is supported by government initiatives, expanding POS infrastructure, and rising consumer adoption of contactless and credit card payments, positioning the market […]
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Nokia strategically invests in growth areas while divesting non-core assets, observes GlobalData

Following the news that Nokia has completed the acquisition of Infinera Corporation; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “After the acquisition of Fenix Group and Rapid’s technology assets in 2024, Nokia has now completed the acquisition of Infinera. Infinera’s acquisition will complement Nokia’s optical network and […]
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Amgen strategic hiring push in India: GlobalData insights on R&D growth and tech integration

Amgen is expanding its presence in India by ramping up hiring for its new technology and innovation center in Hyderabad. The company aims to strengthen its operations and R&D capabilities by recruiting tech professionals skilled in data analytics, AI, and digital health technologies. This investment highlights Amgen’s commitment to innovation and further solidifies Hyderabad as […]
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Anthropic Claude 3.7 Sonnet: Influencers weigh in on AI impact on coding, reveals GlobalData

Anthropic, an American artificial intelligence (AI) public-benefit startup, has recently unveiled its first hybrid reasoning AI model “Claude 3.7 Sonnet,” along with its agentic coding tool “Claude Code.” The release has sparked significant buzz among social media influencers in late February 2025. Claude Code has garnered attention for its ability to automate and streamline complex […]
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Trump’s NIH funding cuts and freezes raise concerns over US biotech drug development and innovation, reveals GlobalData

The US President Donald Trump began his second term with a series of directives targeting the US National Institutes of Health (NIH), creating uncertainty around NIH grant funding for biopharmaceutical drug development. With over $1.4 billion in NIH Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants involving innovator drugs awarded between […]
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IndiGo YouTube ads reflect seamless travel, workplace inclusivity and authentic experiences, reveals GlobalData

Interglobe Aviation Ltd’s (IndiGo) YouTube advertising campaign from November 2024 to January 2025 emphasize diverse destinations, employee well-being, and passenger-centric amenities to attract travelers and job seekers. IndiGo highlights authentic experiences, career growth, and innovative seating through scenic visuals, employee testimonials, and product demos. Emphasizing pilot mentorship, a supportive workplace, and seamless travel, it reinforces […]
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American Express and Alipay partnership revolutionizes payment access to international travelers in China, says GlobalData

Following the news that American Express and Alipay have partnered to integrate global AmEx cards to the Alipay digital wallet in China; Jonathan Vaughan Burleigh, Associate Analyst, Banking and Payments at GlobalData, a leading data and analytics company, offers his view: “While it has been possible to link foreign credit cards and debit cards with […]
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