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Spatial computing is revolutionizing how businesses integrate digital and physical realms in real-time. The technology is utilized in augmented reality (AR), virtual reality (VR), and mixed reality (MR) applications to improve communication, collaboration, and productivity. Against this backdrop, companies across sectors including some tech giants are posting jobs related to spatial computing, reveals GlobalData, a […]
Singapore ICT market revenue to grow at 16.3% CAGR over 2023-2028, forecasts GlobalData
The enterprise information and communications technology (ICT) market in Singapore is expected to grow at a compound annual growth rate (CAGR) of 16.3%, driven by a vibrant tech ecosystem with thriving startup scenario, well developed communications infrastructure, and positive IT investment sentiment among enterprises in the country, forecasts GlobalData, a leading data and analytics company. […]
Enterprise ICT market revenue in Australia to witness 12% CAGR over 2023-2028, forecasts GlobalData
The enterprise ICT market in Australia is anticipated to grow at a compound annual growth rate (CAGR) of 12%. This growth is driven by the ongoing digital transformation and technology modernization initiatives among the businesses and the government’s efforts to accelerate digitalization in the country, according to GlobalData, a leading data and analytics company. GlobalData’s […]
Company discussions around spatial computing revolve around investments, innovations and collaborations, reveals GlobalData
Spatial computing is transforming how businesses integrate digital and physical environments, propelled by advancements in immersive technologies, cloud computing, and artificial intelligence (AI). The growing interest is evident in company filings, which showcase a transformative leap towards the convergence of real and virtual worlds. The recent developments, including strategic partnerships, product launches, and investments, underline […]
Donald Trump presidency to pose risk to low-income health insurance policyholders, says GlobalData
Donald Trump’s upcoming presidency is set to reshape the US health insurance landscape, with the expiration of Affordable Care Act (ACA) subsidies in 2025 looming as a pivotal concern. Medicare premiums, critical for millions, face uncertainty, risking inflation in healthcare costs and leaving low- to medium-income households vulnerable to limited or no coverage amidst rising […]
Product innovation crucial to succeed in price-competitive UK food & grocery market, says GlobalData
UK grocers must move beyond competing solely on price and prioritize innovation in their product offerings to attract a growing base of transient shoppers. Developing unique and diverse food ranges is essential to drive long-term growth and customer loyalty. With the food market expected to contribute £19.3 billion in sales to the UK food & […]
UK FTTP altnets struggle amid fierce competition and market consolidation pressures, says GlobalData
The UK’s fiber-to-the-premises (FTTP) alternative network (altnet) providers face mounting challenges in competing with established telecom players. Despite substantial investments in infrastructure, many altnet operators struggle to achieve profitability, with limited market penetration and insufficient customer acquisition. As dominant providers strengthen their positions, market consolidation appears inevitable for these emerging challengers, says GlobalData, a leading […]
Biologic therapies mark progress in severe asthma treatment and remission potential, says GlobalData
Biologic therapies are revolutionizing severe asthma management by targeting specific inflammatory pathways, shifting care from symptom control to potential remission. Real-world evidence underscores their efficacy across diverse patient profiles, including those with complex asthma cases. However, barriers such as cost and accessibility persist, highlighting the urgent need for equitable healthcare solutions to ensure widespread adoption […]
Pharma dose CMOs face growth slowdown, but opportunities lie ahead, says GlobalData
Contract manufacturing revenues in the pharmaceutical finished dose sector witnessed a significant slowdown over the past financial year. Challenging market conditions, driven by drug pricing pressures, regulatory shifts, and geopolitical tensions, have reshaped the landscape, offering both hurdles and opportunities for contract manufacturing organizations (CMOs) to adapt and innovate amidst global generic shortages, reveals GlobalData, […]
Barclays Women’s Super League 2024/25 to earn $10.09 million in domestic media revenue, reveals GlobalData
The Women’s Super League (WSL) is poised for a transformative 2024/25 season, marked by 14 broadcast deals, including a renewed partnership with Sky and BBC for domestic rights and YouTube’s debut as the primary streaming platform. The league’s deal with Sky and BBC is worth an estimated $10.09 million for the 2024/25 season. WSL games […]
5G service expansions to drive APAC mobile broadband market during 2024-2029, forecasts GlobalData
The total mobile broadband services revenue in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 5.2% from $229.6 billion in 2024 to $296.2 billion in 2029, mainly driven by the growing availability and adoption of 5G services across several countries, according to GlobalData, a leading data and […]
VC funding in China down by 26.8% YoY to $28.2 billion during January-October 2024, finds GlobalData
A total of 2,116 venture capital (VC) funding deals of worth $28.2 billion were announced in China during January-October 2024. This represents a year-on-year (YoY) decline of 22.5% in VC deal volume, whereas the total disclosed funding value fell by 26.8%, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals […]
DOJ’s Chrome divestiture proposal a pivotal moment for Alphabet and tech industry, says GlobalData
Following the news that the US Department of Justice (DOJ) has proposed Google to divest Chrome web browser to restore competition to the online search market; Murthy Grandhi, Company Profiles Analyst at GlobalData, a leading data and analytics company, offers his view: “With Google Chrome accounting for nearly two-thirds of the global browser market, the […]
3D secure patents surge highlights banking sector focus on digital security, says GlobalData
As digital payments continue to rise worldwide, the banking industry is prioritizing advanced security technologies to combat the rising online threats. Central to this shift is 3D secure transaction technology. Against this backdrop, the patent filings for 3D secure transactions have risen significantly from 4,603 in 2022 to 8,172 in 2023, demonstrating the industry’s commitment […]
Technology can address food wastage challenge in India’s foodservice industry, says GlobalData
Food wastage remains a critical challenge for India’s foodservice industry, not only eroding restaurant profits but also intensifying environmental concerns in a country where millions suffer from undernourishment and malnutrition. Leveraging technology offers a dual advantage by mitigating food waste and promoting sustainable practices, thereby enhancing efficiency and supporting long-term industry growth, says GlobalData, a […]
Vyvgart Hytrulo gains first APAC approval in China, redefining CIDP care, says GlobalData
China’s National Medical Products Administration (NMPA) approval of Zai Lab Limited and argenx’s Vyvgart Hytrulo (efgartigimod alfa injection) marks a transformative milestone in chronic inflammatory demyelinating polyneuropathy (CIDP) care, offering the first targeted therapy for this debilitating autoimmune disorder. This approval signals a paradigm shift in CIDP management, underscoring innovation’s role in improving patient outcomes, […]
US VC funding surpasses $100 billion mark in first 10 months of 2024, reveals GlobalData
The total venture capital (VC) funding value in the US surpassed $100 billion mark during the first 10 months of 2024, solidifying the country’s dominance in the global VC landscape. During this period, the US recorded $117.2 billion worth of VC funding deal announcements, reflecting a 17% year-on-year (YoY) growth compared to the $100.2 billion […]
Global oil and gas contract value declines despite steady volume in Q3 2024, reveals GlobalData
The global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value from $55.3 billion in Q2 2024 to $35.7 billion in Q3 2024. Despite this, steady contract volumes, particularly in the Middle East, were driven by substantial projects such as Saipem’s $4 billion contract with QatarEnergy and multi-billion-dollar agreements from […]
South Korea general insurance industry to grow at 5.2% CAGR, driven by economic recovery and regulations, forecasts GlobalData
The general insurance industry in South Korea is poised for steady growth, with direct written premiums (DWP) expected to increase at a compound annual growth rate (CAGR) of 5.2%, from KRW34.1 trillion ($26 billion) in 2024 to KRW43.5 trillion ($33.3 billion) in 2029. This growth is driven by economic recovery, mandatory insurance regulations, and a […]
Jiangsu Hansoh ADC HS-20093 holds potential to set new standard in SCLC second-line treatment in China, says GlobalData
Jiangsu Hansoh Pharmaceutical Group Co Ltd has recently obtained approval for HS-20093, a B7-H3-targeted antibody-drug conjugate (ADC) to be included as Breakthrough-Therapy-Designated (BTD) Drug by the National Medical Products Administration (NMPA) of China for extensive stage small cell lung cancer (ES-SCLC) after standard first-line treatment. Against this backdrop, HS-20093 is expected to strengthen Jiangsu Hansoh […]