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Sarath.Chandra@globaldata.com

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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 […]
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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 […]
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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 […]
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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, […]
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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, […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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ESCMID Global 2024 echoes multidisciplinary calls to action, finds GlobalData

Working towards a multidisciplinary approach to navigate the future of infectious diseases has been a key theme at the 34th European Society of Clinical Microbiology and Infectious Diseases (ESCMID) Global* 2024 congress. Key concerns such as climate change and antimicrobial resistance (AMR) were underscored, emphasizing the need for collaborative efforts beyond traditional medical realms. Initiatives […]
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Cell and gene manufacturers benefit from surge in FDA drug approvals, says GlobalData

2023 marked a significant upsurge in FDA approvals, particularly for groundbreaking treatments such as cell and gene therapies. This surge highlights not just advancements in medical technology but also provides substantial opportunities for manufacturers specializing in these cutting-edge therapies. Looking ahead to 2024-25, the pharmaceutical industry braces for challenges marked by increasing drug approvals, innovative […]
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Digital twins gaining rapid acceptance in oil and gas operations, says GlobalData

Digital twins are digital representations of physical assets, systems, people, or processes. They help detect, prevent, predict, and optimize the physical environment using artificial intelligence (AI), real-time analytics, visualization, and simulation tools. In case of oil and gas, digital twins can support the entire project lifecycle from the project design to commissioning. It can also […]
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APAC leads in asthma clinical trials between 2019-2023, says GlobalData

The Asia-Pacific (APAC) region is leading in clinical trials in Asthma between 2019-2023, with China, India, and South Korea among the top countries in this space, according to GlobalData, a leading data and analytics company. According to GlobalData’s Clinical Trials Database, during 2019-23, 51.8% of asthma trials were initiated in the APAC region. China emerged […]
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Card payments in Taiwan to grow by 14% in 2024, estimates GlobalData

The Taiwan card payments market is forecast to grow by 14% to reach TWD5.2 trillion ($167.6 billion) in 2024, 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 payment value in Taiwan registered a growth of 13.9% in 2022, […]
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