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Following the news that the online and mobile banking services of HSBC have suffered outage on 11 February 2025 in the UK; Jonathan Vaughan Burleigh, Associate Analyst, Banking and Payments at GlobalData, a leading data and analytics company, offers his view: “The disruption affected online and mobile banking, preventing users from accessing their accounts, making […]
T-Mobile reshapes market perception for secondary connectivity with beta launch of T-Mobile Starlink, says GlobalData
Following the news that T-Mobile announced in a Super Bowl 2025 ad that it will offer beta testing of its T-Mobile Starlink satellite cellular service to customers of all three US major carriers for free through July 2025; Nicole Teasley, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “T-Mobile […]
African telcos pivot to underserved regions amid Starlink competition, observes GlobalData
As Starlink intensifies competitive pressures and African governments remain uncertain about intervening to protect telco incumbents, African telecom companies are increasingly focusing on underserved regions. In response, they are launching strategic initiatives to tackle the rising challenge of low Earth orbit (LEO) satellite connectivity to maintain their market position and tap into new growth opportunities, […]
Qatar Airways YouTube ads showcase innovation, strategic partnerships, and enhanced passenger experiences, reveals GlobalData
Qatar Airways’ YouTube advertising campaigns for the last six months (August 2024 to January 2025) focus on strategic collaborations, technological advancements, and enhancing passenger experiences. The airline leverages major global events, sports sponsorships and cutting-edge inflight technology to engage diverse audiences. By emphasizing seamless connectivity, luxury offerings, and exclusive partnerships, the campaigns appeal to sports […]
Cloud emerged as a key driving force for TMT deal activity in 2024, finds GlobalData
Amidst the rising mergers and acquisitions (M&A) deal activity in the tech, media, and telecom (TMT) sector, the cloud has emerged as one of the dominant themes. However, persistent inflation, relatively high interest rates, regulatory scrutiny and geopolitical tensions have created a challenging backdrop for the M&A market in 2024. At the same time, the […]
Tech titans surge while legacy giants stumble in 2024, reveals GlobalData
The latest analysis of top market value gainers and losers has uncovered intriguing trends in the stock market. Notably, there is a significant surge in investor appetite for technology stocks, charting divergent market trajectories compared to other industries. During the evaluation period from 31 January 2024 to 31 January 2025, the top gainer in market […]
Barclays tech outage highlights legacy banking system risks amid rising digital competition, says GlobalData
Barclays, British multinational universal bank, faced a severe 48-hour technical outage (31 January-2 February), disrupting payments and online banking for millions of UK customers. The incident underscores the persistent vulnerabilities of legacy banking systems, despite substantial ICT investments. As digital-native challengers redefine industry standards, traditional banks must accelerate transformation or risk losing relevance in an […]
Channel 4 dominates 30th Annual Broadcast Awards 2025 with eight wins
London, United Kingdom, 07 February 2025 – The Broadcast Awards 2025 celebrated its 30th anniversary on Wednesday night in a star-studded ceremony at JW Marriott Grosvenor House Hotel on Park Lane, London, where Channel 4 led the night with an impressive eight wins. The event was organised by Media Business Insight (MBI) Ltd, a GlobalData […]
Robust corporate governance a strategic imperative for business resilience and growth, says GlobalData
Effective corporate governance is essential for sustainable business growth. As regulatory scrutiny intensifies, companies must strengthen governance frameworks, including risk management and anti-corruption measures, to ensure compliance and long-term resilience. Weak governance can undermine trust, while a well-structured approach enhances competitiveness, drives value creation, and positions businesses for sustained success, according to GlobalData, a leading […]
Alternative payments account for over half of total e-commerce payments in Australia, reveals GlobalData
Alternative payment methods such as mobile and digital wallets and buy now pay later (BNPL) solutions have reshaped Australia’s e-commerce landscape, overtaking traditional cash and card payments. With a 53% market share in 2024, these digital solutions are driving seamless transactions, fuelling online sales, and reinforcing the sector’s robust growth trajectory, reveals GlobalData, a leading […]
US startups secure over half of high-value VC deals announced globally during 2024, finds GlobalData
The US maintained its dominance in the global venture capital (VC) landscape in 2024, securing over half of all high value* deals. With a commanding 56.6% share by high-value VC deal volume and 64.5% by value, the US significantly outpaced other markets, underscoring strong investor confidence in its startup ecosystem amid the evolving economic conditions […]
Parkinson’s disease market across 7MM to grow at 8.9% CAGR during 2023-33, forecasts GlobalData
The Parkinson’s disease (PD) market across the seven major markets (7MM*) is projected to grow at a compound annual growth rate (CAGR) of 8.9% from $3.4 billion in 2023 to $7.9 billion in 2033, driven by the introduction of 10 pipeline products, the increased adoption of novel levodopa delivery methods, and the rising prevalence of […]
India startups raise $11.3 billion venture capital funding in 2024, reveals GlobalData
India saw a notable improvement in venture capital (VC) funding activity in 2024 compared to the previous year. While both deal volume and total funding value increased, the growth was particularly significant in terms of value. The number of VC deals rose by 6%, from 1,102 in 2023 to 1,168 in 2024, whereas the total […]
UK VC funding surges 16.3% to $16.6 billion in 2024 despite fewer deals, reveals GlobalData
The UK’s venture capital (VC) market experienced a decline in the number of deals announced in 2024, with 1,209 deals compared to 1,289 in 2023. Despite this, the total funding value rose by 16.3%, reaching $16.6 billion. This shift reflects a growing trend among VC firms to prioritize high-value investments in fewer, more promising startups, […]
Top 20 global biopharma firms see 1.7% market cap growth to $3.7 billion in 2024 amid policy challenges, reveals GlobalData
The biopharmaceutical industry in 2024 experienced a mixed performance, with the aggregate market capitalization of the top 20 biopharmaceutical firms’ year-on-year increasing by 1.7% from $3.6 trillion to $3.7 trillion as on 31 December 2024, despite challenges from shifting policies and regulatory concerns. Key players like Lilly, AbbVie, and Gilead Sciences saw significant growth, while […]
VC funding in China shrinks 21.7% to $35.2 billion in 2024, finds GlobalData
A total of 2,537 venture capital (VC) funding deals were announced in China during 2024 while the total disclosed funding value of these deals stood at $35.2 billion. This represents a year-on-year (YoY) decline of 23.2% in VC deal volume, whereas the total disclosed funding value fell by 21.7% compared to the previous year, according […]
Need for mission readiness to drive maintenance expenditure on in-service military platforms in Asia-Pacific in 2025, says GlobalData
The evolving nature of warfare and threat perceptions in the Asia-Pacific region has increased the demand for robust maintenance, repair, and overhaul (MRO) practices substantially. Disciplined MRO practices ensure higher operational availability rates of military platforms such as fixed-wing aircrafts, helicopters, naval vessels, and land vehicles. Against this backdrop, the cumulative maintenance cost burden of […]
US VC funding surges 34.6% to $148.8 billion in 2024 despite decline in deal volume, reveals GlobalData
The US venture capital (VC) market demonstrated remarkable resilience in 2024, achieving a year-on-year (YoY) 34.6% surge in total funding value to $148.8 billion, despite a double-digit decline in deal volume. This impressive growth, driven by high-value investments, underscores robust investor confidence and reaffirms the US’s position as a global leader in the innovation-driven venture […]
DeepSeek R1 sparks intense influencer discussions on AI costs and innovation, reveals GlobalData
DeepSeek, a rising AI startup from China, has quickly captured the attention of social media influencers with its R1 model, an advanced large language model (LLM) that challenges industry leaders like OpenAI and Anthropic at a fraction of the cost. Its efficiency in reasoning tasks, open-source framework, and minimal reliance on high-end GPUs have fueled […]
AI, ESG, and cyber will be the key insurance themes in 2025, says GlobalData
The insurance industry is set to be defined by the transformative impact of artificial intelligence (AI), environmental, social, and governance (ESG), and cyber risk management in 2025. As consumers increasingly embrace AI-driven solutions and express growing interest in personal cyber coverage, insurers face both challenges and significant opportunities to innovate, personalize offerings, and integrate emerging […]