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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

GlobalData Thematic Intelligence report highlights robotics transformative impact on automotive industry

In a dynamic era of technological advancement, the automotive industry stands at the precipice of a revolution driven by robotics. With automation at its core, robotics is reshaping the landscape of automotive manufacturing, driving efficiency, precision, and innovation. From assembly line optimization to the development of autonomous vehicles (AVs), robotics has significantly impacted the automotive […]
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Japan insulin pen market 3% CAGR growth calls for sustainable solutions amid environmental urgency, says GlobalData

Japan’s healthcare landscape grapples with the challenge of diabetes, prompting a surge in the use of insulin pens, renowned for their precision, portability, and user-friendly design. While insulin pens minimize biomedical waste, environmental concerns linger. As Japan’s insulin pens market gears for a 3% compound annual growth rate (CAGR) till 2033, the imperative for sustainable […]
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Generics gain ground, yet HCPs still favor branded drugs, finds GlobalData

Generic drugs are often hailed as an effective cost-containment measure for healthcare systems that often have outdated or ineffective financing mechanisms. Despite their increasing usage, a significant proportion of healthcare professionals (HCPs) still tend to favor branded drugs, finds GlobalData’s, a leading data and analytics company. GlobalData’s survey “Generic Drugs – Physician Perspective” uncovered that […]
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Telcos globally innovating to win business in crucial SMB market, says GlobalData

Small and medium-sized businesses (SMBs) are at the forefront of telcos’ enterprise market focus globally as they pivot towards this lucrative market segment amidst intensifying competition and evolving economic landscapes. Recognizing SMBs as engines of economic growth, telcos are innovating their service offerings and forging strategic partnerships to capture a larger share of this dynamic […]
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Boeing MQ-28 Ghost Bat production facility major milestone for Australia defense manufacturing, says GlobalData

Boeing Australia is constructing a new production facility to manufacture the MQ-28 Ghost Bat unmanned combat aerial vehicle (UCAV), marking a major milestone in Australian aerospace manufacturing. The country’s defence minister has earlier stated that the MQ-28 is the first domestically designed, engineered, and manufactured military aircraft in over 50 years, underscoring the significance of […]
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GlobalData highlights urgent need for improved osteoporosis management to enhance patient outcomes

Osteoporosis, characterized by bone mass reduction, poses challenges in early detection due to often painless fractures. As a result, addressing inconsistent drug compliance rates in osteoporosis management is imperative for enhancing patient outcomes. Experts highlight prolonged treatment regimens as a significant hurdle, necessitating comprehensive measures for patient education and adherence to improve healthcare delivery and […]
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Plant-based dairy substitutes demand surges as lactose intolerance rises in India, says GlobalData

Amidst growing concerns over lactose intolerance and dairy allergies, India is witnessing a surge in demand for plant-based dairy substitutes. Despite challenges like low consumer awareness and higher costs, the country’s affluent middle class and environmentally conscious younger demographics are driving the adoption of plant-based food and beverages. This trend is poised to propel the […]
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Xiaomi’s EV SU7 launch prompts social media contributors to call for balancing innovation and privacy, reveals GlobalData

Xiaomi’s entry into the electric vehicle (EV) market with its debut sedan, the Speed Ultra 7 (SU7), has generated significant buzz on social media platforms. The buzz surrounding Xiaomi’s EV initiative reflects a mix of excitement, skepticism, and strategic implications observed across platforms like “Reddit” and “X” in the last week of March. Social media […]
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J-beauty companies eye India market set for 5-6% value CAGR between 2022-2027, says GlobalData

Indian consumers are increasingly drawn to the innovative beauty trends originating from East Asian nations, with Japanese beauty (J-beauty) standing out prominently. The surge in popularity is attributed to the focus on natural ingredients. Japanese health and beauty companies are strategically targeting the Indian market to leverage this trend. With India’s health and beauty industry […]
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Robotics industry to hit $218 billion in 2030; will help agri sector tackle climate change and labor shortages, says GlobalData

The global agriculture sector faces various challenges, including the impacts of climate change and labor shortages. Robotics can help agriculture companies tackle these challenges by automating machines and supporting vertical farming. Against this backdrop, the robotics industry is set to grow at a compound annual growth rate (CAGR) of 17% from $63 billion in 2022 […]
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Enterprises across industries explore AI and ML application areas to drive efficiencies and enhance capabilities, says GlobalData

As the world moves towards adopting and enabling new capabilities and efficiencies, there is a heightened emphasis on enterprises adopting artificial intelligence (AI) and expanding intelligent business capabilities by leveraging AI/machine learning (ML) algorithms and pre-trained models. Companies across industries from agriculture, consumer, financial services and pharmaceuticals to technology are exploring different AI and ML […]
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China multi-play service revenue poised for steady growth, led by triple-play and quad-play bundles, says GlobalData

Multi-play service revenue in China is set to increase at a compound annual growth rate (CAGR) of 1% from $172.7 billion in 2023 to $181.5 billion in 2028. With a focus on triple-play and quad-play service bundles, telecom operators leverage robust fixed network infrastructure to promote high-speed internet services, according to GlobalData, a leading data […]
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