Sarath.Chandra@globaldata.com

Disruptor

Data center innovations drive towards greener digital horizon, says GlobalData

Data centers are undergoing a significant transformation, merging traditional computing frameworks with innovative technologies. This evolution, driven by the critical need for efficiency and scalability in computing, is redefining the way data is managed and processed globally, reveals GlobalData, a leading data and analytics company. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments: […]

Technology

Multiplay service revenue in India to grow at 4.5% CAGR over 2023-2028, forecasts GlobalData

Multiplay service revenue in India is expected to grow at a compound annual growth rate (CAGR) of 4.5% between 2023 and 2028, in line with the rising adoption of multiplay service bundles among households on the back of improving fixed network infrastructure in the country, according to GlobalData, a leading data and analytics company. GlobalData’s […]

Business Fundamentals

China defies global trend to raise $16.5 billion VC funding during January-April 2024, finds GlobalData

Funding value up despite decline in volume US and UK register decline in funding value Big-ticket deals drive overall funding value in China China’s venture capital (VC) landscape witnessed a nuanced trend during January-April 2024, with a slight decline of 8.6% in deal volume compared to the previous year, contrasted by a notable 35.4% increase […]

Oil & Gas

Oil and gas contracts market sees 37% decline in value during Q1 2024, reveals GlobalData

The oil and gas contracts market faced turbulence, with a notable quarter-on-quarter (QoQ) decline of 37% in disclosed contract value, dropping from $50.2 billion in Q4 2023 to $31.4 billion in Q1 2024. This decline was accompanied by a decrease in overall contract volume, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, […]

Disruptor

LEO satellites drive industry innovation through strategic collaborations, notes GlobalData

Elon Musk’s SpaceX has just rolled out Starlink Internet services in Indonesia, marking a significant milestone for global connectivity and investment opportunities. This highlights the role of low earth orbit (LEO) satellites in enhancing worldwide communication and driving economic growth. International collaborations aimed at bolstering low-latency data relay services tap into pooled expertise and resources, […]

Medical Devices

China atherectomy devices market to grow at 9% CAGR through 2033, forecasts GlobalData

Owing to the increasing prevalence of peripheral artery diseases (PAD) due to an ageing population, sedentary lifestyles, poor eating habits, and growing demand for non-invasive endovascular procedures, the atherectomy devices market in China is projected to grow at a compound annual growth rate (CAGR) of 9% between 2023 and 2033, forecasts GlobalData, a leading data […]

Business Fundamentals

Top 20 APAC banks see 4.3% revenue growth in 2023 amid economic recovery, finds GlobalData

The top 20 Asia-Pacific (APAC) banks saw a 4.3% increase in combined revenue, reaching $1.67 trillion in 2023, up from $1.6 trillion the previous year. This growth was fueled by a surge in interest income due to tightened monetary policies, robust economic recovery, and improved asset quality, despite a decline in non-interest income amid economic […]

Medical Devices

Pulsed field ablation catheters see price increase despite downward pressure in 2024, says GlobalData

Pulsed field ablation (PFA) technology has been spotlighted in recent years, showing promising trends in both clinical adoption and market dynamics. The US market value of Farawave from Boston Scientific almost tripled between February 2024 and March 2024. Unlike the declining trend of the regular electrophysiology devices, the prices of Farawave slightly increased, by 1.2% […]

Business Fundamentals

US startups raise $34.2 billion VC funding during January-April 2024, finds GlobalData

Venture capital (VC) funding activity by the US startups experienced a year-on-year (YoY) decline both in terms of deals volume and value during January-April 2024. A total of 1,527 VC deals of worth $34.2 billion were announced in the US during January-April 2024. This represents a YoY decline of 47.7% in terms of deals volume […]

Banking

Finland card payments market to grow by 6.2% in 2024, forecasts GlobalData

The Finland card payments market is forecast to grow by 6.2% in 2024 to reach EUR72.1 billion ($78.0 billion), supported by high consumer preference for electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payments value in the Finland registered a growth of 11.6% in 2022, […]

Medical Devices

Japan robotic surgical systems market to reach $175 million in 2033, forecasts GlobalData

Robotic surgical systems represent the pinnacle of surgical innovation, merging advanced robotics with artificial intelligence (AI) to provide surgeons with unprecedented control and visualization during procedures. This technological advancement is driving significant market growth worldwide. Against this background, Japan’s robotic surgical systems market is expected to reach $175 million in 2033, forecasts GlobalData, a leading […]

Pharma

Pre-emptive pandemic preparedness measures emerge in US against avian influenza A(H5N1), says GlobalData

With cases of avian influenza A(H5N1) on the rise among cattle in the US, government health officials are preparing for the potential of the virus adapting to enable human-to-human transmission and have two vaccine candidates available in case of such an event. While there is no evidence yet that H5N1 could spread between humans, such […]

Banking

Mobile wallets dominate China payment landscape with over 84% user adoption, reveals GlobalData

Mobile wallets have become the dominant payment method in China, with over 84% of users utilizing them for transactions in the past year. This surge is driven by widespread smartphone and internet accessibility, QR code-based payment adoption, and the popularity of domestic brands like Alipay and WeChat Pay, according to GlobalData, a leading data and […]

Technology

Mobile service revenue in South Korea to increase at 3.5% CAGR over 2023-2028, forecasts GlobalData

The total mobile services revenue in South Korea is poised to increase from $21.1 billion in 2023 to $25.1 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%, mainly driven by robust growth in M2M/IoT subscriptions and mobile data services segment, according to GlobalData, a leading data and analytics company. GlobalData’s latest […]

Banking

Payment cards maintain stranglehold in Japan e-commerce market, reveals GlobalData

Payment cards remain the preferred payment method for online purchases in Japan, collectively accounting for nearly 63% share in total e-commerce payments in 2023. The e-commerce market in Japan grew by 9.1% in 2023 to reach JPY24.8 trillion ($177.3 billion), driven by a tech-savvy population, high internet penetration, and secure payment solutions, reveals GlobalData, a […]

Medical Devices

South Korea dental CAD/CAM systems and materials market to grow at 3% CAGR through 2033, forecasts GlobalData

South Korea is seeing a surge in the demand for computer-aided design (CAD) and computer-aided manufacturing (CAM) systems due to a growing need for improved design and fabrication of dental prostheses such as crowns, fixed bridges, dental implant restorations, and dentures. Against this backdrop, the dental CAD/CAM systems and materials market in South Korea is […]

Business Fundamentals

Influencers advocate expanded H5N1 testing amidst growing public health concerns, reveals GlobalData

Amidst the ongoing H5N1 bird flu crisis, discussions on social media platform “X” have shifted focus from transparency to highlighting deficiencies in testing procedures. Influencers stress the urgent need for expanded testing to mitigate public health risks and accurately assess the virus’s prevalence. Concerns over limited testing capacity underscore the necessity for collaborative efforts among […]

Technology

Hyperscalers forge ahead with in-house semiconductor solutions amidst Nvidia dependency concerns, says GlobalData

Hyperscalers such as Meta, Microsoft, Google, and Amazon are strategically shifting towards developing proprietary semiconductor technologies in response to the soaring demand for Nvidia’s GPUs in the burgeoning generative AI (GenAI) market. This strategic move is aimed at reducing dependency on Nvidia while fostering innovation and facilitating global expansion. Within this dynamic landscape, significant investments […]

Business Fundamentals

Supply chain pressure trending topic among companies amid Red Sea crisis during Q1 2024, finds GlobalData

The escalation of the “Red Sea Crisis” amid heightened geopolitical tensions between Israel and Hamas has sent ripples through global trade and operations. This crisis, compounded by geopolitical flashpoints like the Panama Canal and South China Sea, is reshaping trade dynamics and mounting pressure on companies’ logistical capabilities. Consequently, supply chain pressure has emerged as […]

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Data center innovations drive towards greener digital horizon, says GlobalData

Multiplay service revenue in India to grow at 4.5% CAGR over 2023-2028, forecasts GlobalData

China defies global trend to raise $16.5 billion VC funding during January-April 2024, finds GlobalData

Oil and gas contracts market sees 37% decline in value during Q1 2024, reveals GlobalData

LEO satellites drive industry innovation through strategic collaborations, notes GlobalData

China atherectomy devices market to grow at 9% CAGR through 2033, forecasts GlobalData

Top 20 APAC banks see 4.3% revenue growth in 2023 amid economic recovery, finds GlobalData

Pulsed field ablation catheters see price increase despite downward pressure in 2024, says GlobalData

US startups raise $34.2 billion VC funding during January-April 2024, finds GlobalData

Finland card payments market to grow by 6.2% in 2024, forecasts GlobalData

Japan robotic surgical systems market to reach $175 million in 2033, forecasts GlobalData

Pre-emptive pandemic preparedness measures emerge in US against avian influenza A(H5N1), says GlobalData

Mobile wallets dominate China payment landscape with over 84% user adoption, reveals GlobalData

Mobile service revenue in South Korea to increase at 3.5% CAGR over 2023-2028, forecasts GlobalData

Payment cards maintain stranglehold in Japan e-commerce market, reveals GlobalData

South Korea dental CAD/CAM systems and materials market to grow at 3% CAGR through 2033, forecasts GlobalData

Influencers advocate expanded H5N1 testing amidst growing public health concerns, reveals GlobalData

Hyperscalers forge ahead with in-house semiconductor solutions amidst Nvidia dependency concerns, says GlobalData

Supply chain pressure trending topic among companies amid Red Sea crisis during Q1 2024, finds GlobalData

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