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A notable shift is underway in the travel and tourism industry as companies are increasingly prioritizing sustainable practices, energy efficiency, waste reduction, and conservation efforts in their hiring strategies. Against this backdrop, airline and airport companies are posting some senior/mid-level environmental, social, and governance (ESG)-related jobs for initiatives around business operations, reveals the Job Analytics […]
Avaya elevates customer engagement with Edify acquisition amid contact center evolution, finds GlobalData
Avaya’s recent acquisition of Edify is a strategic move, capitalizing on the evolving dynamics of customer experience. This acquisition not only positions Avaya to cater to the growing demand for proactive, relationship-oriented customer engagement, but also aligns with the trend of integrating contact center and collaboration capabilities, says GlobalData, a leading data and analytics company. […]
Nearly 88% Hong Kong residents use mobile wallets for payments, reveals GlobalData
Mobile wallet usage is on the rise in the Asia-Pacific (APAC) region, a trend that is prevalent in Hong Kong (China SAR) as well, with nearly 88% respondents using mobile wallets for payments at shops, according to GlobalData, a leading data and analytics company. GlobalData’s 2023 Financial Services Consumer Survey* shows that Hong Kong ranks […]
Medtronic’s FDA approval of closed-loop spinal cord stimulator Inceptiv to increase standing in market, says GlobalData
The FDA approval of Medtronic‘s closed-loop spinal cord stimulation (SCS) device “Inceptiv” marks a significant milestone in the SCS market. Medtronic’s entry into closed-loop technology presents opportunities for market expansion, which was worth $2.2 billion in 2023 and is expected to reach $4.3 billion in 2033, according to GlobalData, a leading data and analytics company. […]
Mexico 5G spectrum auction faces limited operator interest due to high fees, observes GlobalData
Mexico’s 5G auction faces hurdles as high spectrum fees deter operator interest. The upcoming Licitacion IFT-12, announced by the Federal Telecommunications Institute (IFT), aims to drive 5G expansion but is met with caution due to prohibitive annual fees. Despite offering sought-after 600 MHz and L-Band blocks, concerns linger as past spectrum license returns highlight the […]
APAC’s appeal endures despite 9.3% YoY fall in deal activity during January-April 2024, finds GlobalData
A total of 4,478 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to April 2024, a decline of 9.3% compared to the announcement of 4,935 deals during the same period in 2023. Nevertheless, APAC experienced the lowest downturn among all regions, showcasing its […]
Geopolitical risks, AI and cybersecurity trending topics during Q1 2024, finds GlobalData Company Filings Analytics report
Packaging, foodservice and construction business sentiment improved Malaysia, Switzerland, Norway, Japan, Singapore showed improvement AI and cybersecurity witness high growth in mentions Global business sentiment during the first quarter (Q1) of 2024 witnessed a 2% decline, as per a thorough analysis of annual and quarterly reports, alongside earnings call transcripts. Market and supply chain risks […]
Global deal activity down by 19.5% YoY during January-April 2024, reveals GlobalData
A total of 15,561 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced globally during January-April 2024. This is a year-on-year (YoY) decline of 19.5% compared to the 19,321 deals announced during January-April 2023, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database shows that […]
Travel and tourism sector deal activity down by 13.5% YoY in January-April 2024, finds GlobalData
Travel and tourism sector witnessed the announcement of 217 deals (mergers and acquisitions (M&A), private equity and venture financing deals) during January-April 2024 compared to the announcement of 251 deals during the same period in previous year. This represents a year-on-year (YoY) decline of 13.5% in deals volume during January-April 2024, according to GlobalData, a […]
US telcos struggle to differentiate themselves in the indirect B2B channel, finds GlobalData
The US telcos are facing hurdles in differentiating themselves within the indirect B2B channel, according to recent findings. While recognizing the value of third-party partnerships in enterprise business, telcos struggle to set themselves apart in their propositions. Despite efforts to maximize market reach through reseller and partner programs, challenges persist in differentiation and perception, impacting […]
Netherlands card payments market to reach $288 billion in 2028, forecasts GlobalData
The Netherlands card payments market is forecast to grow at a compound annual growth rate (CAGR) of 6.3% between 2024 and 2028 to reach EUR266 billion ($287.6 billion) in 2028, supported by the constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card […]
Payment cards continue to dominate Taiwan e-commerce market, reveals GlobalData
Payment cards remain the preferred payment method for online purchases in Taiwan (Province of China), collectively accounting for 53.6% share in total e-commerce payments in 2023, finds GlobalData, a leading data and analytics company. According to GlobalData’s 2023 Financial Services Consumer Survey*, around 94% Taiwanese consumers reported having shopped online in the past six months, […]
Voice AI, next frontier in ambient computing, says GlobalData
As enterprises actively deploy voice AI to enhance user experiences and efficiency, the demand for the technology continues to soar, complimented by startup innovations. With the proliferation of smart devices with voice-enabled features across sectors such as automotive, healthcare, and foodservice, voice AI is fundamental in reshaping the human-machine interactions within the ambient computing ecosystem, […]
Crypto hiring thrives in Q1 2024, but April slump highlights volatility and regulatory concerns, says GlobalData
Cryptocurrency-related hiring activity remained strong in the first quarter (Q1) of 2024 and registered quarter-on-quarter (QoQ) growth as companies such as Coinbase Global and Binance Holdings posted significant number of jobs. Yet, April saw a slowdown, indicating challenges amid market volatility and regulatory uncertainties, reveals the Job Analytics Database of GlobalData, a leading data and […]
Biopharmaceutical mega M&A deals surge by 71% YoY during Q1 2024, reveals GlobalData
Mergers and acquisitions (M&As) in the biopharmaceutical industry have rebounded with a $76.9 billion increase in total deal value seen from 2022 to 2023. In Q1 2024 alone, biopharmaceutical M&A reached a total deal value of $43.5 billion, with a 71% year-on-year (YoY) increase of mega deals that were valued at $1 billion or more […]
Roche challenges Regeneron and Bayer’s position as industry leaders within wAMD, DME and DR spaces, says GlobalData
Roche’s Vabysmo (faricimab) is in the spotlight following its promising Q1 2024 sales figures. Vabysmo, a vascular endothelial growth factor (VEGF) inibitior and angiopoietin-2 (Ang-2) inhibitor therapy, is indicated for wet age-related macular degeneration (wAMD), diabetic macular edema (DME), and macular edema following retinal vein occlusion (RVO). This presents a looming challenge to Regeneron and […]
Anticipation builds as Insmed bronchiectasis therapy brensocatib nears Phase III completion, observes GlobalData
Insmed is in the spotlight over the past few years for its pipeline agent, brensocatib, which has previously shown promising Phase II results, generating anticipation within the medical community ahead of their Phase III results for the treatment of bronchiectasis. The positive outcomes could pave the way for regulatory approval, potentially transforming the therapeutic landscape […]
Payment cards continue to lead e-commerce payments in South Korea with 54% share, reveals GlobalData
Payment cards remain the most preferred payment tool for e-commerce purchases in South Korea, collectively accounting for over half (54%) of the total e-commerce payments in 2023, signifying a strong preference for secure and convenient transactions among the online shoppers, finds GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that the e-commerce […]
Coinbase dominates Reddit discussions amongst top crypto trading platforms during Q1 2024, reveals GlobalData
As the cryptocurrency market once again experiences volatility post a strong Q1 2024 surge, investors face fresh uncertainty. The recent price dip raises doubts about the sustainability of the rebound, emphasizing the persistent volatility of digital assets. Consequently, market participants navigate uncertain terrain, recognizing the inherent risks at play. Against this backdrop, Coinbase Global Inc […]
Payment cards dominate e-commerce payments in New Zealand with 57% share, reveals GlobalData
Payment cards are the preferred payment method for e-commerce purchases in New Zealand, accounting for 57% share in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics tool reveals that e-commerce market in New Zealand grew by 14% in 2023 to reach NZD12.3 billion ($7.6 billion), as increasing number of consumers shift […]