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JP Morgan and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in North America during the first three quarters (Q1-Q3) of 2024 by value and volume, respectively, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that JP Morgan achieved the leading position in terms […]
GlobalData upgrades India’s growth forecast, citing strong domestic consumption and investor confidence
India’s economy is thriving, bolstered by strong domestic demand, rural consumption, and a growing working-age population. Infrastructure investments are enhancing productivity in the manufacturing and services sectors, fostering high investor confidence. Against this backdrop, GlobalData, a leading data and analytics company, has revised India’s economic growth forecast for 2024 and 2025 by 0.3 percentage points […]
Kirkland & Ellis top M&A legal adviser in North America during Q1-Q3 2024, reveals GlobalData
Kirkland & Ellis was the top mergers and acquisitions (M&A) legal adviser in the North American region during first the three quarters (Q1-Q3) of 2024 by value and volume, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that Kirkland & Ellis achieved the leading position having advised […]
Mining embraces low-carbon smelting and recycling for sustainability and efficiency, reveals GlobalData
Mining companies are increasingly adopting sustainable strategies, such as low-carbon smelting and advanced recycling programs, to reduce their environmental impact and boost efficiency. These innovations optimize resource use and lower operational costs by enhancing metal recovery and minimizing waste. Despite challenges like high initial investments, ongoing technological advancements are steering the sector toward more sustainable […]
Diagnosed incident cases of sepsis set to reach 9.52 million in 2033, forecasts GlobalData
The burden of diagnosed incident cases of sepsis is expected to increase at an annual growth rate (AGR) of 2.50% from around 7.61 million cases in 2023 to 9.52 million cases in 2033 across the eight major markets (8MM*), forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Sepsis: Epidemiology Forecast to 2033,” […]
New Zealand e-commerce payments to soar to $10.8 billion in 2028, reveals GlobalData
The e-commerce market in New Zealand is projected to experience a compound annual growth rate (CAGR) of 7.1% between 2024 and 2028 to reach NZD17.6 billion ($10.8 billion) in 2028, driven by the ongoing shift in consumer preference from offline to online shopping, reveals GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals […]
Hyundai Motor India takes IPO route to strengthen market position amidst rising local competition, says GlobalData
Hyundai Motor India Limited, a subsidiary of Hyundai Motor Company, has officially launched its initial public offering (IPO) on 15 October 2024. As India’s second-largest car manufacturer, Hyundai’s growth reflects a well-executed strategy of diversifying its product lineup and expanding into Tier-2 and Tier-3 cities. This IPO positions the company to bolster its market presence […]
Taiwan mobile communications market to grow at 3.9% CAGR over 2024-2029, forecasts GlobalData
Taiwan’s mobile service revenues is poised to grow at a compound annual growth rate (CAGR) of 3.9% from $6 billion in 2024 to $7.3 billion in 2029, driven mainly by the rising adoption of mobile data services, forecasts GlobalData, a leading data and analytics company. GlobalData’s Taiwan Mobile Broadband Forecast (Q2 2024) reveals that mobile […]
Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData
Intelligent automation goes beyond traditional automation systems by integrating artificial intelligence (AI) to manage more complex business processes. It drives innovation and creativity, making it essential for organizations looking to stay competitive in today’s market. The intelligent automation market is set to grow from $18 billion in 2023 to $47 billion in 2030, driven by […]
mRNA licensing agreements surge 800% in value as confidence grows beyond vaccines, reveals GlobalData
Messenger ribonucleic acid (mRNA)-based innovator pharmaceuticals saw a staggering 800% increase in licensing agreement deal values from 2019 to 2024YTD, driven by the remarkable success of mRNA vaccines during the COVID-19 pandemic. With growing confidence in this transformative technology, key companies are investing heavily in its potential to address unmet medical needs, indicating that mRNA […]
Vietnam debit card payments market to surpass $65 billion in 2028, forecasts GlobalData
The Vietnamese debit card payments market is forecast to register a compound annual growth rate (CAGR) of 13.7% between 2024 and 2028 to reach VND1,559.6 trillion ($65.6 billion) in 2028, supported by rise in banked and card penetration as well as constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics […]
Global partnerships to foster Singapore Project RESET against cardiovascular diseases, says GlobalData
Given the rising prevalence of cardiovascular diseases (CVDs) among Singapore’s aging population, the National University of Singapore (NUS) Medicine has taken proactive steps with initiatives such as MOMENTUM-CVD and Project RESET to develop preventive measures. International collaborations are expected to strengthen these efforts, considerably advancing cardiovascular research in the country, says GlobalData, a leading data […]
India coronary stent market set for 4% CAGR growth during 2024-2033, forecasts GlobalData
As coronary artery disease (CAD) cases continue to rise in India, the demand for advanced treatment options such as drug-eluting stents (DES) is gaining momentum. Against this backdrop, India coronary drug eluting stent market is expected to grow at a compound annual growth rate (CAGR) of 4% from 2024 to 2033, forecasts GlobalData, a leading […]
Consumer demand for novelty and customization compels brands to explore new product segments in India, finds GlobalData
Novelty and experimentation trends have changed the consumption patterns of consumers. Consequently, brands are continuously innovating in line with the growing personalization trend to maintain consumer interest while gaining a competitive edge over the rivals in India. New market disruption will help the brands tap into emerging markets and enhance their relevance, says GlobalData, a leading […]
Sustainability drives green cosmetics demand in Asia-Pacific, reveals GlobalData
Growing environmental concerns are pushing consumers to embrace sustainable and eco-friendly cosmetics in the Asia-Pacific (APAC) region. Consumers believe that synthetic ingredients will not only damage their skin but also pollute ecosystems. In response, manufacturers are using clean and natural ingredients to align with consumer preferences. As a result, the green cosmetics trend is gaining […]
S1P receptor modulators face uncertain future in Crohn’s disease amid efficacy and trial setbacks, says GlobalData
Pfizer’s upcoming presentation at United European Gastroenterology Week (UEGW) 2024 will reveal the initial findings from its CULTIVATE study of its sphingosine-1-phosphate (S1P) receptor modulator Velsipity (etrasimod) in Crohn’s disease (CD), showing modest efficacy in endoscopic response and remission rates. With its in-class competitor ozanimod also underperforming in trials, the outlook for S1P receptor modulators […]
Luxury beauty brands refocus on brick-and-mortar retail in Southeast Asia, says GlobalData
Despite the phenomenal growth of ecommerce during and after the COVID-19 pandemic, the premium beauty sector in Southeast Asia is experiencing notable growth within physical retail environments, through collaboration with omnichannel brand-builders. Companies can adapt to this trend and position beauty as a significant driver of revenue in their retail strategy, says GlobalData, a leading data […]
Humanoid robots have arrived and are ready to start work, says GlobalData
The advent of OpenAI’s ChatGPT in 2022 revolutionized humanoid robotics, allowing for task execution without explicit programming. As developed nations grapple with labor shortages from aging populations and declining birth rates, the demand for automation grows. Humanoid robots are emerging as vital solutions, particularly in eldercare, yet their successful integration hinges on societal acceptance and […]
Rising demand for data centers prompts innovative cooling solutions, reveals GlobalData
The rapid growth of artificial intelligence (AI) has significantly increased the demand for data processing capabilities and capacity, leading to the expansion of data centers globally. As these facilities operate continuously, their energy-intensive equipment are raising concerns about sustainability. New cooling technologies and innovative approaches are emerging to address the environmental challenges posed by these […]
Global leaders unite to combat AMR: targets set at UNGA are urgently needed, says GlobalData
In a crucial step forward, world leaders at the United Nations General Assembly (UNGA) have pledged to reduce antimicrobial resistance (AMR) associated fatalities by 10% by 2030. This declaration, which emphasizes a multi-sector approach, reflects a necessary shift toward a comprehensive “One Health” approach, integrating human, animal, and environmental health. By prioritizing collaboration and innovative […]