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The total telecom and pay-TV services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 1.1% from $5.8 billion in 2022 to $6.1 billion in 2027, mainly supported by the mobile data and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Telecom […]
Traditional US pay-TV services face continued decline due to cord-cutters and cord-nevers, says GlobalData
The US cable and satellite pay-TV services are set to face subscription declines in the coming years as their remaining viewers increasingly shift to over-the-top (OTT) streaming services. Complicating matters are the younger viewers who have never even subscribed to a traditional pay-TV service and likely never will. Those factors are leading to a dramatic […]
Soaring pneumonia cases across China spark influencer discussions on X, finds GlobalData
China is grappling with a wave of respiratory illnesses during its first unrestricted winter since the COVID-19 pandemic began. This alarming development has sparked conversations and garnered reactions from influencers on the social media platform X, drawing attention to the pneumonia wave in the fourth week of November 2023, reveals the Social Media Analytics Platform […]
Japan SVoD services market revenue to reach $6 billion in 2027, forecasts GlobalData
The subscription video on demand service (SVoD) revenue in Japan is expected to increase at a compound annual growth rate (CAGR) of 10.1% from $3.5 billion in 2022 to $6 billion in 2027, driven by the strong growth in SVOD subscriptions and unique SVoD households, and a steady rise in the average monthly revenue per […]
Companies invest in and integrate GenAI to advance applications or products, finds GlobalData
The rise of generative artificial intelligence (GenAI) has spurred a debate on its risks and benefits among companies. Simultaneously, a wave of adoption is observed, with companies delving into advanced language models like ChatGPT. As discussions around transformative technologies intensify, businesses grapple with navigating the potential and challenges presented by GenAI, marking a pivotal moment […]
Tech companies deliver on ESG, while COP 28 will largely be a talking shop, says GlobalData
At the Conference of the Parties (COP 28) being held in Dubai from 30 November to 12 December, some 75,000 dignitaries, climate scientists, politicians, business leaders, and the world’s press will gather to discuss about addressing the growing climate crisis affecting the planet. However, this year’s event may not match the positive momentum in the […]
VC investment in India startups nosedived by over 50% to $6.3 billion during January-October 2023, reveals GlobalData
A total of 920 venture capital (VC) funding deals were announced in India during January-October 2023, a decline of 38.6% compared to the 1,499 VC deals announced during January-October 2022. The corresponding VC funding value plummeted by a massive 67.1% from $19.2 billion during January-October 2022 to $6.3 billion during January-October 2023, according to GlobalData, […]
5G service expansion to drive APAC mobile services market during 2023-2028, forecasts GlobalData
The total mobile communications services revenue in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 8% from $326.2 billion in 2023 to $479.1 billion in 2028, mainly driven by the mobile data segment, which is well supported by the growing availability and adoption of 5G services across […]
Despite record attendances and social media buzz, sponsors still reluctant to commit independent deals with WSL teams, reveals GlobalData
The 2023/24 Women’s Super League (WSL) season is off to a record-breaking start, with attendance milestones and a robust social media following underscoring the rising popularity of women’s soccer in England. While Manchester clubs lead in sponsorship revenue, sponsors are still hesitant to commit to independent deals with WSL teams, highlighting the ongoing challenges in […]
GlobalData revises down global economic growth to 2% in 2024
Amidst a fluctuating global economic landscape marked by improved consumer confidence and a temporary halt in rate hikes, the 2023 global real GDP growth forecast has been adjusted upward to 2.4%, backed by robust employment conditions and substantial fiscal stimulus. However, the horizon is not without challenges. Resurfacing inflation concerns from rising energy prices and […]
Taco Bell dominates list of top 10 quick service restaurants with 32% share on Reddit, reveals GlobalData
Taco Bell has emerged as the predominant force in online discussions, capturing 32% share among the top 10 quick-service restaurants on Reddit throughout 2023 (01 January to 31 October). Reddit conversations on Taco Bell app were predominantly about order inaccuracies, application glitches, and usability challenges, reveals the Social Media Analytics Platform of GlobalData, a leading […]
GlobalData spotlights brain health in women, forecasts Alzheimer’s market to reach $16 billion in 2030
The Women’s Brain Health Initiative (WBHI) is set to host its fifth annual Women’s Brain Health Day on 2 December 2023, advocating for the brain health of women amid a rising Alzheimer’s epidemic. As Alzheimer’s disproportionately affects women, constituting 70% of diagnoses, the event aims to shed light on preventive measures. Emphasizing the vital role […]
VC funding in China drops 29.1% YoY to $34.6 billion during January-October 2023, finds GlobalData
A total of 2,675 venture capital (VC) funding deals were announced in China during January-October 2023 while the disclosed funding value of these deals stood at $34.6 billion. China witnessed considerable decline in terms of both deal volume and value compared to January-October 2022, according to GlobalData, a leading data and analytics company. An analysis […]
Japan sleep apnea equipment market to reach $100 million in 2030, forecasts GlobalData
Owing to increasing occurrences of stress and depression, obesity, long working hours, and high incidences of diabetes, Japan’s market for sleep apnea diagnostic equipment is expected to reach $100 million in 2030, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Sleep Apnea Diagnostic Systems Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base […]
Hanmi Pharma GLP-1 drug to get edge in South Korea obesity market due to local trials, says GlobalData
The Korean Ministry of Food and Drug Safety (MFDS) has recently given clearance to Hanmi Pharmaceutical to conduct Phase III trial for its Korean-optimized obesity candidate efpeglenatide, a glucagon-like peptide-1 (GLP-1) receptor agonist. Against this backdrop, efpeglenatide is expected to get an edge in the domestic obesity market due to local trials, says GlobalData, a […]
VC funding in US down by 43.6% YoY to $99 billion during January-October 2023, finds GlobalData
The US-based startup ecosystem saw the announcement of a total of 5,932 venture capital (VC) funding deals of worth $99 billion during January-October 2023, finds GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that VC funding deals volume in the US declined by 40.6% during January-October 2023 compared […]
India, China take center stage in mentions by companies in Q3 2023, reveals GlobalData
Asia-Pacific (APAC) countries such as China and India featured prominently within the filings of the companies throughout the third quarter (Q3) of 2023. Other key countries that also found substantial mentions include the UK, Brazil, and Mexico, reveals the Company Filings Analytics Database of GlobalData, a leading data analytics company. GlobalData’s “Company Filings Analytics Trends & Signals […]
Hybrid work here to stay as companies embrace flexibility, observes GlobalData
The ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. Even in 2023, companies have been posting hybrid work-related roles, reveals GlobalData, a leading data and […]
UK startups raise $12 billion venture capital funding during January-October 2023, finds GlobalData
A total of 1,098 venture capital (VC) funding deals worth $12 billion were announced in the UK during January-October 2023. Both deal volume and value recorded year-on-year (YoY) decline compared to the VC funding activity registered during January-October 2022, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals […]
GenAI job postings surge in Q3 2023 as businesses embrace AI transformation, reveals GlobalData
As the new transformation unfolds, businesses are navigating the digital landscape, adapting, and innovating to witness the power of generative artificial intelligence (genAI), ensuing their relevance and competitiveness in this new era. As companies are swiftly developing medium and long-term talent plans to adapt to the evolving work landscape driven by genAI, there is an […]