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While drone swarms have been an area of technological development for many years, their practical applications have only recently gained significant momentum, particularly following increased attention during the Russia-Ukraine war, as reflected in Google search trends. The rapid advancement in AI technologies has further accelerated drone swarm control capabilities, enabling the integration of computer vision […]
VC funding in China down by 19.5% YoY to $25.7 billion during Q1-Q3 of 2024, finds GlobalData
A total of 1,954 venture capital (VC) funding deals of worth $25.7 billion were announced in China during the first three quarters (Q1-Q3) 2024, marking a significant year-on-year (YoY) decline of 21.2% in volume and $25.7 billion in value, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database revealed that […]
Electrification and lightweight composites power aerospace transformation, says GlobalData
The aerospace sector is undergoing significant changes, fueled by advancements in electrification and composite materials. As manufacturers aim to meet global emissions targets, the rise in patent filings for hybrid hydrogen-electric powertrains and lightweight composite fuselages highlights the growing focus on fuel efficiency and cost savings, says GlobalData, a leading data and analytics company. Vaibhav […]
JP Morgan and Rothschild & Co top M&A financial advisers in retail sector during Q1-Q3 2024, reveals GlobalData
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail sector during Q1-Q3 2024 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 Deals Database reveals that JP Morgan achieved the […]
Skechers’ ad strategy in Q3 2024 combines comfort, style, and inclusivity to strengthen brand appeal, reveals GlobalData
The advertising strategy of Skechers USA Inc (Skechers) during the third quarter (Q3) of 2024 (01 July to 30 September) effectively targeted a diverse audience, focusing on comfort, style, and innovation across its various product lines. The brand successfully utilized celebrity endorsements, showcased technological advancements, and embraced inclusivity to connect with consumers on an emotional […]
NICE rejects second Alzheimer’s drug but opportunity remains for decision change, says GlobalData
Following the news that the National Institute for Health and Care Excellence (NICE) is not recommending Eli Lilly’s anti-amyloid beta (Aβ) monoclonal antibody (mAb) Kisunla (donanemab) on the NHS following its approval by the Medicines and Healthcare products Regulatory Agency (MHRA) for the treatment of patients with mild cognitive impairment (MCI) or mild Alzheimer’s disease […]
Global VR market will hit $57 billion by 2030, forecasts GlobalData
Virtual reality (VR) is a niche technology with gaming, entertainment, and professional training applications. Despite the challenges that will limit the adoption of VR technology, the global VR market is forecast to grow from $11 billion in 2023 to $57 billion* by 2030, registering a compound annual growth rate (CAGR) of 26% over the period, […]
Allen & Overy and Kirkland & Ellis top M&A legal advisers in construction sector during Q1-Q3 2024, reveals GlobalData
Allen & Overy and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector during Q1-Q3 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that Allen & Overy […]
Lilly’s donanemab could bring new hope to Alzheimer’s patients in Australia following lecanemab rejection, says GlobalData
Australia’s Therapeutic Goods Administration (TGA) has recently decided not to register lecanemab (Leqembi) for patients with mild cognitive impairment (MCI) or mild dementia of Alzheimer’s disease (AD). Despite lecanemab demonstrating slowing of disease progression in pivotal trials, concerns about its safety profile have led to TGA’s decision. Against this backdrop, Eli Lilly’s donanemab that has been […]
Lazard top M&A financial adviser in construction sector during Q1-Q3 2024, reveals GlobalData
Lazard was the top mergers and acquisitions (M&A) financial adviser in the construction sector during Q1-Q3 2024 by both value and volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that Lazard achieved the top position by advising on 14 […]
Olympic medallist Fitzpatrick’s journey with atrial fibrillation showcases medtech’s role in sports cardiology, says GlobalData
The 2024 MedTech Conference in Toronto, Canada, featured a compelling patient story from Olympic medallist Connor Fitzpatrick, who recounted his battle with atrial fibrillation (AFib) as a young and highly athletic individual. Involving a permanent treatment with cardiac ablation, his journey with AFib highlights the role of medical technology in sports cardiology, says GlobalData, a […]
Simpson Thacher & Bartlett and Kirkland & Ellis top M&A legal advisers in retail sector during Q1-Q3 2024, reveals GlobalData
Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the retail sector during Q1-Q3 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that Simpson Thacher […]
Kirkland & Ellis top M&A legal adviser in consumer sector during Q1-Q3 2024, reveals GlobalData
Kirkland & Ellis was the top mergers and acquisitions (M&A) legal adviser in the consumer sector during Q1-Q3 2024 by value and volume, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that Kirkland & Ellis achieved the top position by […]
Growing health consciousness drive Japanese consumers to embrace low-alcohol beverages, reveals GlobalData
Japanese consumers are experiencing a burgeoning interest in low-alcohol beverages, marking a significant shift in preferences driven by health consciousness and a desire for more mindful drinking choices. The rising adoption of low-alcohol beverages reflects a notable change from conventional drinking practices, says GlobalData, a leading data and analytics company. Shravani Mali, Consumer Analyst at […]
Australia PET imaging agents market to grow at 2% CAGR through 2033, forecasts GlobalData
Prostate cancer is one of the most diagnosed cancers in Australia, making effective diagnostic tools and agents crucial for better patient outcomes. Positron emission tomography (PET) imaging agents, especially those targeting prostate-specific membrane antigen (PSMA), offer a powerful way to detect and monitor prostate cancer at a molecular level. Against this background, the Australian PET […]
Japan multiplay service revenue to increase at 3.3% CAGR over 2023-2028, forecasts GlobalData
The total multiplay service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 3.3% from $29.6 billion in 2023 to $34.9 billion in 2028, 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 […]
Energy storage solutions drive net-zero transition, says GlobalData
In the race to achieve net-zero emissions, advanced energy storage technologies are emerging as a game-changer, transforming how various sectors harness renewable power. The latest breakthroughs, ranging from sodium-ion batteries that slash costs and improve safety to ultra-fast charging solutions that accelerate EV adoption, are reshaping the energy management across automotive, aerospace, residential, and commercial […]
US startups raise $91.7 billion VC funding during first three quarters of 2024, reveals GlobalData
The US saw a slight year-on-year (YoY) improvement in terms of venture capital (VC) funding deals value during the first three quarters (Q1-Q3) of 2024 despite a decline in deal volume. A total of 3,529 VC deals of worth $91.7 billion were announced during the period. This represents a YoY growth of 0.9% in funding […]
GlobalData forecasts global metastatic cancer treatment market to grow at 7.3% during 2019-2027
The global metastatic cancer treatment market size is set to grow at a compound annual growth rate of 7.3% from $63.03 billion in 2019 to $111.16 billion in 2027. This growth is fuelled by several key factors such as innovative therapies like molecular targeted therapy and immunotherapy, along with combination regimens, which are transforming the […]
Non-alcoholic beverage brands dominate sport sponsorship in Americas with soccer deals, reveals GlobalData
The non-alcoholic beverages sector continues to be one of the most active sectors globally in sports sponsorship. Some of the world’s most recognizable beverage companies, including PepsiCo and Coca-Cola, dominate the sport sponsorship in the Americas, with soccer deals accounting for over 40% of the total deal volume in 2024, reveals GlobalData, a leading data […]