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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Middle East and Africa maintains highest global risk in Q2 2023, reports GlobalData

The economic prospects for the Middle East and Africa (MEA) region are marked by significant uncertainties, primarily stemming from a worldwide economic slowdown, decline in oil production, and the ongoing food security issues. Moreover, escalating heatwaves in the Middle East and a deteriorating humanitarian crisis in Africa further compound the difficulties. Against this backdrop, the […]
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UK sees 27.2% YoY drop in venture capital funding to $8.7 billion during January-August 2023, reveals GlobalData

The UK witnessed 898 venture capital (VC) funding deals of worth $8.7 billion during January-August 2023. This represents a 27.2% drop in the volume compared to the same period in 2022. Notably, the decline in terms of disclosed deal value was significantly steeper, registering at 52.6%, reveals GlobalData, a leading data and analytics company. An […]
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India’s mycobacterium tuberculosis tests market to grow at 4% CAGR through 2033, forecasts GlobalData

Tuberculosis, a persistent global health challenge, continues to impact countries across the world, including India. As the nation strives to combat this ancient disease, India’s mycobacterium tuberculosis tests market is anticipated to grow at a compound annual growth rate of 4% between 2023 to 2033, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, […]
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Power and utilities industry embraces tech advancements for resilient energy infrastructure, reveals GlobalData

In the dynamic landscape of the power and utilities industry, power lines are witnessing a paradigm shift driven by technologies such as AI, digital twins, IIoT, and robotics. These innovations have enabled remote monitoring and predictive maintenance, improving the reliability and efficiency of power transmission networks. Whether it is optimizing the overhead or underground power […]
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FIFA Women’s World Cup 2023: Record-breaking success fuels women’s football growth, yet prize money gap persists, says GlobalData

The FIFA Women’s World Cup 2023 in Australia and New Zealand proved to be a game-changer, breaking records and making significant strides for women’s football. With an expanded format, record-breaking attendance, and unprecedented global broadcast coverage, the tournament showcased the growing popularity and potential of the women’s game. However, there remain disparities in prize money […]
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Relmada Therapeutics antidepressant REL-1017 shows promise but requires additional data, opines GlobalData

Following the news that Relmada Therapeutics’ antidepressant REL-1017 demonstrated rapid and sustained therapeutic effects in an open label, registrational Phase III trial (NCT04855760); Philippa Salter, Senior Neurology Analyst at GlobalData, offers her view: “Whilst these positive results are important for Relmada Therapeutics in demonstrating the efficacy of REL-1017 as an adjunctive therapy for major depressive […]
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US maintains strong appeal for VC investors despite 47.4% YoY decline to $79.6 billion in January-August 2023, finds GlobalData

The US witnessed 5,023 venture capital (VC) funding deals, with a total disclosed funding value of $79.6 billion during the first eight months of 2023. Despite a year-on-year (YoY) decline of 38.3% in deal volume and 47.4% in funding value, the country retained its status as a top destination for VC investments, reveals GlobalData, a […]
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AI takes center stage in discussions by companies as they explore innovation strategies, says GlobalData

Amid the push for digital transformation, the technology industry finds itself navigating through various innovations to stay ahead of the curve. This pivotal juncture has left companies striving for improvement in the processes or launching new products or services with artificial intelligence (AI) now at the core of their innovation strategy, according to GlobalData, a […]
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Singapore biomedical innovation and global collaboration fuel medical sector dominance in H1 2023, finds GlobalData

Singapore’s dominance in the medical devices sector remains unshaken during the first half (H1) of 2023. Renowned for biomedical innovation, the city-state’s strategic shift towards preventive healthcare drives collaborations with local and foreign partners. This approach enhances the competitiveness of the domestic medical sector, offering access to funding, resources, and global networks, says GlobalData, a […]
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Disruptive startups spearheading technological revolution in gaming industry, says GlobalData

The gaming arena is constantly evolving, thanks to the cutting-edge technological trends driven by innovative startups. These entrepreneurial ventures are harnessing the emerging technologies like AI, AR/VR, and smartphones to pioneer avant-garde business models and introduce distinctive products to the market, says GlobalData, a leading data and analytics company. Kiran Raj, Practice Head of Disruptive […]
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India leads global IPO race despite significant drop in global activity during first eight months of 2023, reveals GlobalData

Amid a notable decline in global initial public offerings (IPO) activity in the first eight months of 2023, India has surged ahead. Despite economic uncertainties and geopolitical conflicts, the country secured the top position with 152 transactions valued at $3.8 billion, driven by a robust SME IPO market, reveals GlobalData, a leading data and analytics […]
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Global deal activity down by 24.1% YoY during January to August 2023, reveals GlobalData

Global deal activity experienced a significant setback, plunging by 24.1% year-on-year (YoY) from 47,692 to 36,176 deals during the initial eight months of 2023. This decline is attributed to the escalating geopolitical tensions and economic uncertainties. These factors cast a shadow over regions and key markets globally, impacting investor sentiment, according to GlobalData, a leading […]
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Sustainability, tech-led innovations drive modern mining for greener future, finds GlobalData

Mining companies are adopting sustainable strategies, including urban mining and advanced ore sorting technologies, to improve resource recovery and operational efficiency. They are integrating artificial intelligence (AI) and machine learning (ML) into mining practices, revolutionizing urban mining and the circular economy. These initiatives drive sustainable resource extraction, reduce environmental impact, and bolster the mining industry’s […]
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Fungal Disease Awareness Week: Novel antifungals essential to tackle antifungal resistance, says GlobalData

This week (18-22 September) marks Fungal Disease Awareness Week (FDAW) in the US, an annual event in which the Centers for Disease Control and Prevention (CDC) and partners promote activities and outreach that encourage everyone to “Think Fungus”. This often-underestimated health burden is the focus of webinars and interactive events designed to encourage awareness and […]
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