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The price of Bitcoin rose to one-and-a-half-year high during the last week of October, fueled by growing expectations of an impending approval for a Bitcoin exchange-traded fund (ETF) by US regulators, igniting fresh enthusiasm for the cryptocurrency as a potential new investment avenue. Subsequently, influencer conversations around “Bitcoin” on social media platform “X” saw a […]
Fixed broadband service revenue in Taiwan to grow at 1.9% CAGR over 2023-2028, forecasts GlobalData
Taiwan’s fixed broadband service revenue is poised to increase at a compound annual growth rate (CAGR) of 1.9% from $1.1 billion in 2023 to $1.2 billion in 2028, mainly supported by the steady growth in fiber-optic and cable broadband subscriptions, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest Taiwan Fixed Communications Forecast (Q3 […]
Deep tech startups catalysts for innovation and industrial transformation, says GlobalData
In the world of deep tech startups, innovation intersects with global challenges, forging a path towards an industrial revolution. These startups, driven by groundbreaking scientific research, possess the potential to reshape technological landscapes and address contemporary societal needs. With examples like Moderna’s mRNA technology and Seaborg Technologies’ compact molten salt reactor, these pioneers are demonstrating […]
Telecom and pay-TV services revenue in India to grow at 3.1% CAGR over 2022-2027, forecasts GlobalData
The total telecom and pay-TV services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 3.1% from $42.3 billion in 2022 to $44.9 billion in 2027, primarily driven by mobile data and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence […]
Tesla Q3 earnings spark optimism among X influencers, despite missing expectations, finds GlobalData
Tesla Inc reported $23.4 billion revenue at the top line for the third quarter of 2023, falling short of analysts’ expectations set at $24.06 billion. Nevertheless, the revenue did show a 13% increase compared to the previous year. Despite the low quarterly earnings, influencers on X remain optimistic about the Austin-based automotive and clean energy […]
Fixed communication services revenue in Japan to grow at 1.3% CAGR over 2023-2028, forecasts GlobalData
Japan’s fixed service revenue is poised to increase at a compound annual growth rate (CAGR) of 1.3% from $29 billion in 2023 to $31 billion in 2028, mainly supported by the fixed broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Japan Fixed Communications Forecast (Q3-2023) reveals that fixed voice service revenue will […]
Top 50 APAC firms lose over $185 billion in aggregate MCap in Q3 2023, reveals GlobalData
A weak Chinese economy punctuated by deflationary trends during the quarter and a squeeze on the region’s exports due to uncertain global economic conditions inflicted a $185 billion loss to the market capitalization (MCap) of the top 50 Asia-Pacific (APAC) firms during the third quarter (Q3) concluded on 30 September 2023, reveals GlobalData, a leading […]
GlobalData forecasts multiple myeloma dendritic cell therapy sales across 8MM to reach $62 million in 2031
A promising dendritic cell (DC) therapy currently in clinical trials is displaying the potential to revolutionize the multiple myeloma treatment paradigm. If successful, its growth will be facilitated by an increasing embrace of personalized medicine for the research and development of DC therapies. Against this backdrop, the multiple myeloma dendritic cell therapy sales across the […]
India mammography equipment market set for 12% CAGR through 2033, forecasts GlobalData
Driven by increasing focus on advancing women’s health and facilitating timely breast cancer diagnosis, India’s mammography equipment market is projected to grow at a compound annual growth rate of around 12% between 2023 and 2033, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Mammography Equipment Market Size by Segments, Share, Regulatory and Reimbursement, […]
Big Tech pursuit of generative AI excellence faces ethical, legal, and economic hurdles, observes GlobalData
In the swiftly advancing technology landscape, generative AI (genAI) stands out as the latest innovation frontier. Leading the charge in this domain are Big Tech (Alphabet (Google), Amazon, Apple, Meta, and Microsoft). However, with progress comes challenges. GlobalData, a leading data and analytics company, highlights the ongoing ethical, legal, and economic concerns accompanying these advancements. […]
Despite growing popularity of weight-loss drugs, diabetes care devices market will reach $33.4 billion by 2030, says GlobalData
Following the news that Abbott Laboratories’ continuous glucose monitoring (CGM) device FreeStyle Libre brought in sales of about $1.4 billion in Q3 2023, a 30.5% growth verses Q3 2022; Tina Deng, Principal Medical Devices Analyst at GlobalData, offers her view: “Diabetes care devices have witnessed massive demand due to the increase in the prevalence of […]
Canada brain cancer and brain tumour initiatives illuminate treatment challenges and research needs, reveals GlobalData
Canada is set to observe Brain Cancer Awareness Day on 24 October and the globally recognized Brain Tumour Awareness Week from 28 October to 4 November. These important events highlight the challenges in brain tumour and cancer treatment and the need for increased research efforts. Access to latest therapies remains a challenge for many patients, […]
Goldman Sachs and UBS top M&A financial advisers by value and volume in South & Central America in Q1-Q3 2023, reveals GlobalData
Goldman Sachs and UBS were the top mergers and acquisitions (M&A) financial advisers in South & Central American region during the first three quarters (Q1-Q3) of 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database […]
UK venture capital investments nosedive 43.1% YoY to $10.9 billion during Q1-Q3 2023, reveals GlobalData
A total of 1,005 venture capital (VC) funding deals worth $10.9 billion were announced during the first three quarters (Q1-Q3) of 2023 in the UK. Both deal volume and value recorded decline during Q1-Q3 2022 compared to the same period in the previous year, according to GlobalData, a leading data and analytics company. An analysis […]
Japan multi-play service revenue to increase at 4% CAGR over 2022-2027, forecasts GlobalData
The total multi-play service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 4% from $29.5 billion in 2022 to $36 billion in 2027, driven by the rising demand for blended services and growing number of multi-play households in the country, according to GlobalData, a leading data and analytics […]
Tevimbra reacquisition sets stage for BeiGene bright future in global oncology landscape, says GlobalData
BeiGene became the first Chinese-origin pharma company to market a Programmed Cell Death Protein 1 (PD1) therapy for oncology indications in various global markets, beginning with the EU. With expanding international reach and continuing manufacturing support from Novartis, BeiGene is primed for a promising future in the global oncology landscape . This will pave the […]
Tesla reports 41% growth in job postings during Q3 2023, reveals GlobalData
Tesla Inc. reported a 41% quarter-on-quarter (QoQ) increase in job postings in the third quarter (Q3) of 2023. The Austin-based automotive and clean energy company seems to have gone on a hiring spree in line with its gigafactories’ expansion strategies aimed at increasing its manufacturing capacity, according to GlobalData, a leading data and analytics company. […]
Carbon emissions reduction requires rigorous compliance to net zero strategies, says GlobalData
The carbon-intensive oil and gas industry is undergoing massive disruption with more countries and companies trying to implement net zero emissions by 2050. However, tackling emissions and supporting low-carbon industries will require a combination of well-designed regulation and increased investment in decarbonization, according to GlobalData, a leading data and analytics company. Greenhouse gas (GHG) emissions […]
Rothschild & Co top M&A financial adviser in Europe during Q1-Q3 2023, finds GlobalData
Rothschild & Co was the top mergers and acquisitions (M&A) financial adviser in European region during the first three quarters (Q1-Q3) of 2023 by value as well as volume, according to the latest Financial Advisers League Table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that Rothschild […]
Goldman Sachs and Rothschild & Co top M&A financial advisers for Q1-Q3 2023, finds GlobalData
Goldman Sachs and Rothschild & Co have emerged as the top mergers and acquisitions (M&A) financial advisers by value and volume for Q1-Q3 2023 in the latest Financial Advisers League Table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that Goldman Sachs achieved its leading position in […]