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GlobalData

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The FT, Sky News, Bloomberg, WSJ, along with over 77 other leading press organisations worldwide quote our data and insight and consider us a trusted, independent source.

Epigenetic drugs witness 375% growth in series A venture financing in 2024YTD, reveals GlobalData

Advances in gene editing, such as the FDA approval of Vertex Pharmaceuticals’ Casgevy (exagamglogene autotemcel) in December 2023 for the treatment of beta thalassemia and sickle cell disease, have fueled significant interest in innovative epigenetic drugs. Against this backdrop, the total value of series A venture financing for epigenetic drugs almost doubled from $172 million […]
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Luxury beauty brands refocus on brick-and-mortar retail in Southeast Asia, says GlobalData

Despite the phenomenal growth of ecommerce during and after the COVID-19 pandemic, the premium beauty sector in Southeast Asia is experiencing notable growth within physical retail environments, through collaboration with omnichannel brand-builders. Companies can adapt to this trend and position beauty as a significant driver of revenue in their retail strategy, says GlobalData, a leading data […]
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Rising demand for data centers prompts innovative cooling solutions, reveals GlobalData

The rapid growth of artificial intelligence (AI) has significantly increased the demand for data processing capabilities and capacity, leading to the expansion of data centers globally. As these facilities operate continuously, their energy-intensive equipment are raising concerns about sustainability. New cooling technologies and innovative approaches are emerging to address the environmental challenges posed by these […]
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APAC automotive glazing market to expand at 1.4% CAGR over 2024-29, forecasts GlobalData

As the automotive industry progresses with technological advancements, enhancing vehicle performance and efficiency, customers increasingly demand superior driving comfort. This shift has heightened the importance of the automotive glazing segment, especially in the Asia-Pacific (APAC) region, where hot summer climates and dense traffic conditions are common. Moreover, the critical nature of road safety, particularly during […]
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Adaptive deep brain stimulation holds potential to transform Parkinson’s disease treatment, says GlobalData

Two recent UC San Francisco studies have shown that adaptive deep brain stimulation (aDBS) offers personalized, 24/7 care for Parkinson’s disease through an implanted device. Unlike regular DBS, which delivers constant pulses, aDBS uses AI to monitor brain activity and adjust treatment based on symptom fluctuations. This marks a major advancement in the management of […]
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Coffee shops harness social media to boost consumer loyalty across Asia, finds GlobalData

As coffee shops in Asia adapt to evolving consumer preferences, social media has emerged as a pivotal tool for enhancing customer loyalty. The influence of digital platforms is particularly strong among younger consumers, who are increasingly attracted to personalized marketing and interactive engagement. By leveraging social media strategies, coffee shops can foster community and connection, […]
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Global leaders unite to combat AMR: targets set at UNGA are urgently needed, says GlobalData

In a crucial step forward, world leaders at the United Nations General Assembly (UNGA) have pledged to reduce antimicrobial resistance (AMR) associated fatalities by 10% by 2030. This declaration, which emphasizes a multi-sector approach, reflects a necessary shift toward a comprehensive “One Health” approach, integrating human, animal, and environmental health. By prioritizing collaboration and innovative […]
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A schizophrenia win for BMS’s Cobenfy, but challenges lie ahead, says GlobalData

Bristol Myers Squibb (BMS) has recently secured approval from the US FDA for Cobenfy (xanomeline and trospium chloride) for the treatment of adults with schizophrenia. Cobenfy has a mechanism of action (MOA) distinct from traditional antipsychotics. However, as the drugs most widely used to treat schizophrenia are inexpensive, genericized atypical antipsychotics, the schizophrenia market is […]
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Ebglyss FDA approval intensifies competition in atopic dermatitis market, says GlobalData

Eli Lilly‘s Ebglyss (lebrikizumab) has recently received approval in the US, adding a new competitor to the atopic dermatitis (AD) market alongside therapies like tralokinumab and dupilumab. Although there are current treatment options ranging from topical therapies to systemic treatments  there is a significant unmet need remains for safer and more effective long-term AD therapies, […]
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Enterprises mandate FinOps practices to ensure financial and performance improvements, says GlobalData

Triggered by the DevOps trend toward the continuous integration and continuous delivery (CICD) of modern application architectures, financial operations (FinOps) initiatives are growing in importance. The practice of FinOps represents a relatively new operational framework and initiative growing in recognition among enterprises undergoing digital transformations by migrating applications to the cloud and/or creating cloud-native apps. […]
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Mobile wallet adoption and usage growing rapidly in Asia-Pacific region, reveals GlobalData

Mobile wallet adoption and usage is growing at a fast pace in the Asia-Pacific region, supported by accelerated consumer shift towards non-cash payment methods, reveals GlobalData, a leading data and analytics company. Asian-Pacific markets have been actively promoting mobile wallets, placing them ahead of their Western counterparts. While already popular in countries like India and […]
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Oreo’s ad strategy blends family, nostalgia and playfulness to strengthen market leadership, reveals GlobalData

Mondelez-owned Oreo’s advertising strategy from April to September 2024 effectively integrates nostalgia, family values, and playfulness, capturing a broad audience through diverse campaigns. By leveraging emotional connections and cultural relevance, Oreo rejuvenates its brand appeal and reinforces its market leadership, resonating deeply with consumers across various demographics and regions, according to the Global Ads Platform […]
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Real-time cross-border payments see widespread adoption amid G20 challenges, says GlobalData

Real-time cross-border payments are gaining significant momentum as global consumers increasingly rely on them for seamless transactions. Many consumers rely on them to send money to family and friends, while others use them to purchase goods, underscoring their growing importance in the international economy. However, despite the progress, challenges persist in meeting G20 targets for […]
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Fungi-based food surge in Australia marks new era for sustainable eating, says GlobalData

The surging consumer demand for sustainable, plant-based, and alternative protein sources has sparked a notable upswing in the availability of fungi-based food products in Australia. With a growing emphasis on environmental consciousness and health benefits, fungi-based products are emerging as a significant trend in the food industry, offering nutritious and eco-friendly alternatives to traditional meat […]
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Non-opioid medications for addiction treatment remain key unmet need in OUD market in 8MM, reveals GlobalData

Opioid Use Disorder (OUD) is a chronic neurological disorder that is described as the consequences associated with repeated, compulsive use of opioid drugs and prolonged self-administration of opioid drugs. In August 2024, 110 high-prescribing psychiatrists, addiction specialists, neurologists, and primary care physicians from eight major markets (8MM*) were surveyed by GlobalData on the key unmet […]
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