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As coffee shops in Asia adapt to evolving consumer preferences, social media has emerged as a pivotal tool for enhancing customer loyalty. The influence of digital platforms is particularly strong among younger consumers, who are increasingly attracted to personalized marketing and interactive engagement. By leveraging social media strategies, coffee shops can foster community and connection, […]
Ebglyss FDA approval intensifies competition in atopic dermatitis market, says GlobalData
Eli Lilly‘s Ebglyss (lebrikizumab) has recently received approval in the US, adding a new competitor to the atopic dermatitis (AD) market alongside therapies like tralokinumab and dupilumab. Although there are current treatment options ranging from topical therapies to systemic treatments there is a significant unmet need remains for safer and more effective long-term AD therapies, […]
Packaged baby food demand grows in APAC with rising female workforce, reveals GlobalData
The increasing participation of women in the workforce across the Asia-Pacific (APAC) region, coupled with hectic work schedules of dual-income households, is reshaping consumer behavior towards packaged baby food. Rising per capita incomes and the need for convenience are driving greater demand for baby formula, ready-to-eat finger foods, and other baby care products in key […]
Enterprises mandate FinOps practices to ensure financial and performance improvements, says GlobalData
Triggered by the DevOps trend toward the continuous integration and continuous delivery (CICD) of modern application architectures, financial operations (FinOps) initiatives are growing in importance. The practice of FinOps represents a relatively new operational framework and initiative growing in recognition among enterprises undergoing digital transformations by migrating applications to the cloud and/or creating cloud-native apps. […]
Mobile wallet adoption and usage growing rapidly in Asia-Pacific region, reveals GlobalData
Mobile wallet adoption and usage is growing at a fast pace in the Asia-Pacific region, supported by accelerated consumer shift towards non-cash payment methods, reveals GlobalData, a leading data and analytics company. Asian-Pacific markets have been actively promoting mobile wallets, placing them ahead of their Western counterparts. While already popular in countries like India and […]
Oreo’s ad strategy blends family, nostalgia and playfulness to strengthen market leadership, reveals GlobalData
Mondelez-owned Oreo’s advertising strategy from April to September 2024 effectively integrates nostalgia, family values, and playfulness, capturing a broad audience through diverse campaigns. By leveraging emotional connections and cultural relevance, Oreo rejuvenates its brand appeal and reinforces its market leadership, resonating deeply with consumers across various demographics and regions, according to the Global Ads Platform […]
Real-time cross-border payments see widespread adoption amid G20 challenges, says GlobalData
Real-time cross-border payments are gaining significant momentum as global consumers increasingly rely on them for seamless transactions. Many consumers rely on them to send money to family and friends, while others use them to purchase goods, underscoring their growing importance in the international economy. However, despite the progress, challenges persist in meeting G20 targets for […]
India dominates global IPO race with over 220 deals in first eight months of 2024, reveals GlobalData
India topped the global IPO market, with 227 transactions totaling $12.2 billion in the first eight months of 2024. The remarkable performance was driven by strong market sentiment, a favorable macroeconomic environment, and a surge in investor interest fueled by fear of missing out (FOMO). Both the SME and mainboard IPO segments have contributed to […]
System integrators will play a key role in helping enterprise customers experiment and implement GenAI-powered solutions, says GlobalData
IT services providers (ITSP) are well-positioned to assist enterprises in generative artificial intelligence (GenAI) experimentation and implementation. Different technology firms focus on solving problems such as the AI models, hardware, infrastructure, and products and applications, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Generative AI Watch: IT Services Providers Invest to […]
Sanofi/Regeneron’s Dupixent set to dominate COPD biologics market share following FDA approval, says GlobalData
Following the Food and Drug Administration (FDA) approval of Sanofi/Regeneron’s Dupixent (Dupilumab) on 27 September 2024: Asiyah Nawab, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Dupixent, a monoclonal antibody (mAb) targeting interleukin-4 (IL4) and interleukin-13 (IL13) pathways, has been approved by the FDA as the first biologic for uncontrolled […]
China’s surge in antibody-drug conjugates positions it as key oncology market, says GlobalData
Antibody-drug conjugates (ADCs) represent a significant advancement in cancer treatment, particularly within China’s burgeoning oncology sector. With a little over 100 ADC candidates in various stages of development, Chinese companies lead the Asia-Pacific (APAC) region. As cancer remains a significant health challenge, strategic collaborations with major pharmaceutical companies are essential for advancing research and enhancing […]
India leads APAC IPO activity in first eight months of 2024, reveals GlobalData
The Asia-Pacific (APAC) region’s initial public offering (IPO) market has demonstrated remarkable resilience, continuing its upward trajectory despite high inflationary environment and geopolitical tensions. In the first eight months of 2024, the APAC market witnessed a notable surge in IPO activity, with 575 listings raising a total of $23.7 billion. This represents a 15.6% growth […]
GlobalData outlines strategies adopted by businesses to minimize the impact of inflation
Inflation remains a significant concern for economies globally, with some experiencing moderation while others facing persistently elevated levels. This disparity has led companies to reevaluate their strategies to mitigate inflation’s effects. Companies across industries are taking decisive steps to deal with the pressure emerging out of these challenges, according to GlobalData, a leading data and […]
GlobalData finds companies across sectors posting jobs around retrieval-augmented generation
Retrieval-augmented generation (RAG) is a rapidly growing field as a sophisticated AI technique that enhances the performance of LLMs by retrieving relevant documents or information from external sources during text generation. Consequently, the demand for skilled professionals with expertise in RAG is on the rise. Against this backdrop, companies across sectors are seen posting jobs […]
PCR systems market in Japan to grow at 5% CAGR through 2033, forecasts GlobalData
Antimicrobial resistance (AMR) is a serious health problem globally, including in Japan, imposing a severe clinical and economic burden on both patients and the society. Polymerase chain reaction (PCR) systems, which offer great sensitivity and specificity in detecting resistance genes and infections across a variety of settings, have become indispensable instruments in the fight against […]
New Zealand card payments market to surpass $75 billion in 2028, forecasts GlobalData
The New Zealand card payments market is forecast to register a compound annual growth rate (CAGR) of 4.1% between 2024 and 2028 to reach NZD122.3 billion ($75.1 billion) in 2028, supported by a constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card […]
Climate Tech: Join GlobalData’s webinar to find out the technologies at the forefront of industry decarbonization initiatives
The heightened occurrence and intensity of adverse weather events are highlighting the pressing need for change among both businesses and governments, emphasizing the swift transition towards net zero. A diverse array of technologies, including hydrogen, nuclear fusion, heat pumps, renewable energy sources, batteries, electric vehicles, e-fuels, carbon capture, and artificial intelligence (AI), is at the […]
China VC funding down by 12.6% YoY to $23.3 billion during January-August 2024, reveals GlobalData
A total of 1,761 venture capital (VC) funding deals of worth $23.3 billion were announced in China during January to August 2024. This represents a year-on-year (YoY) decline of 18.5% in terms of deal volume and 12.6% YoY decline in terms of total funding value, according to GlobalData, a leading data and analytics company. An […]
UK startups secure $10.1 billion in VC during first eight months of 2024, finds GlobalData
UK startups attracted a total of $10.1 billion in venture capital (VC) funding through 673 deals announced during January-August 2024. This marks a year-over-year (YoY) improvement of 14.8% in total funding value despite a 16% decline in VC deals volume compared to January-August 2023, according to GlobalData a leading data and analytics company. An analysis […]
US startups raise $82.2 billion VC funding during Jan-Aug 2024, reveals GlobalData
The US secured $82.2 billion in venture capital (VC) funding through 3,102 deals announced during January-August 2024. This represents a 1.9% year-on-year (YoY) improvement in total funding value even though VC deals volume fell by 39% compared to the number of deals announced during the first eight months of 2023, according to GlobalData, a leading […]