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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Mpox virus testing to drive South Korea PCR systems market at 5% CAGR through 2033, forecasts GlobalData

Amid the escalating Mpox outbreak and the World Health Organization’s declaration of a public health emergency, South Korea-based Seegene has recently launched specialized research-use polymerase chain reaction (PCR) test assays. Given the synergy between assay development and PCR system advancements, the South Korean PCR systems market is expected to grow at a compound annual growth […]
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AI startups drive manufacturing transformation with automation and sustainability solutions, says GlobalData

The global manufacturing sector is undergoing rapid transformation with artificial intelligence (AI) driving factory automation across the value chain, including product development, operations, process optimization, and quality control. AI-focused startups are leading this shift with technologies such as AI-powered collaborative robots (cobots), real-time production simulations, generative design, predictive analytics, and intelligent systems. These innovations boost […]
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mRNA vaccines lead next-generation efforts to combat H5N1 amid global outbreaks, says GlobalData

The H5N1 virus, known for its 50% human case fatality rate, has persisted globally for over two decades, causing thousands of infections. The recent outbreaks, including those affecting US dairy cows, have accelerated the development of next-generation vaccines, with mRNA vaccines stepping into the spotlight, aiming to replicate the success achieved during the COVID-19 pandemic, […]
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GlobalData outlines inflation-related concerns as discussed by companies in filing documents

Inflation rates remain a mixed bag and vary widely among different countries. Although, inflation has moderated across some markets, but it remains high for some countries, and accordingly the trend shifts towards rebalancing its impact. Companies have been vocal about their concerns related to inflation and discussing these extensively in filing documents, according to GlobalData, […]
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Cloud innovations drive enterprise efficiency, says GlobalData

Cloud computing is rapidly transforming how enterprises operate by optimizing performance, enhancing scalability, and ensuring sustainability. The integration of hybrid and multi-cloud environments, edge computing, and AI/ML technologies are driving enterprises toward more agile, cost-effective, and secure IT infrastructures. These emerging cloud innovations are paving the way for increased efficiency and operational excellence across sectors […]
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Wave 2 Copilot launch reinforces Microsoft leadership in team collaboration space, says GlobalData

Microsoft has introduced a series of generative AI (GenAI) based office productivity tools at the recently held “Microsoft 365 Copilot: Wave 2” event, further cementing its leadership position in the team collaboration space. Although Microsoft is playing catch-up with some of the capabilities and generally releasing them long after they were first announced, its comprehensive […]
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Mohsin Issa’s decision to retreat from ASDA’s helm a step in the right direction for the struggling grocer, says GlobalData

Following the news that ASDA co-owner Mohsin Issa will step back from his executive leadership role, and that Lord Stuart Rose will assume Mohsin’s executive responsibilities alongside Rob Hattrell, a Director on the ASDA board with experience at eBay Europe as Senior Vice President: Eleanor Simpson-Gould, Senior Retail Analyst at GlobalData, offers her view: “The […]
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Atopic Dermatitis: A hotspot for innovation and investment opportunities, says GlobalData

Atopic dermatitis (AD) is emerging as a dynamic field ripe with innovation and investment opportunities. With the market projected to reach $16.7 billion by 2030 across the seven major markets (7MM*), driven by rising prevalence and advancements in treatment, pharmaceutical companies are increasingly focusing on novel therapies. This sector promises substantial growth as new treatments […]
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Alternative payment methods surge in popularity for online purchases in Philippines, reveals GlobalData

While cash remains the preferred payment method for online purchases in the Philippines, alternative payments are increasingly being preferred. Alternative payment solutions collectively accounted for over one-third share in the overall e-commerce payments in 2023, reveals GlobalData, a leading data and analytics company. According to GlobalData’s 2023 Financial Services Consumer Survey*, 88.2% Filipino consumers reported […]
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Japan defense budget witnesses 19.3% CAGR during 2020-2024, reveals GlobalData

Despite the current economic downturn fueled by devaluating Yen, Japan’s ministry of defense requested a 17.2% increase in its 2024 defense budget, a significant portion of which is expected to be allocated for the procurement of various defense platforms, including submarines, surface vessels, and multi-role aircraft. Japan’s need to modernize its current inventory to counter […]
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Retrieval-augmented generation gaining prominence in company discussions around GenAI, finds GlobalData

Retrieval-augmented generation (RAG) is becoming a critical focus in company discussions about generative AI (GenAI), as organizations look to leverage real-time external data to contextualize and refine the accuracy of generated responses. Companies are focused on utilizing this technology to enhance user experience that allows customers to integrate the real-time proprietary data sources with general-purpose […]
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Payment cards dominate e-commerce payments in Australia, reveals GlobalData

Payment cards are the most are the preferred payment method for e-commerce purchases in Australia, collectively accounting for 50.6% share in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that Australian e-commerce market is estimated to register 8.3% growth in 2024 to reach AUD77.2 billion ($51.3 billion), as consumers increasingly […]
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Oracle and AWS alliance ignites cloud innovation excitement, reveals GlobalData

Oracle and Amazon Web Services (AWS) have partnered to launch Oracle Database@AWS, which brings Oracle’s Autonomous Database and Exadata Database Service to AWS’s cloud platform, at Oracle CloudWorld. This development has generated considerable discussion among the influencers on social media platform “X”, who highlight its potential to enhance cloud computing capabilities through improved performance, scalability, […]
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Walmart and Amazon reimagine retail with AI, finds GlobalData

Walmart and Amazon are leveraging artificial intelligence (AI) to push the boundaries of innovation, redefine consumer experiences and operational efficiency. While Walmart blends augmented reality and AI-powered store management to enhance in-store experiences, Amazon leads in customer personalization and autonomous systems, says GlobalData, a leading data and analytics firm. Kiran Raj, Practice Head of Disruptive […]
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