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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.

NZ fixed communication market set for modest growth, driven by fiber broadband expansion, reveals GlobalData

New Zealand’s (NZ) fixed communication services market is poised for a modest growth, with revenue expected to rise from $1.3 billion in 2024 to $1.4 billion by 2029. This growth is driven by increasing demand for fixed broadband, particularly fiber-to-the-home/business (FTTH/B) connections, while investments in fiber infrastructure continue to advance the country’s high-speed broadband capabilities, […]
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GenAI remains key theme in companies’ discussions in Q2 2024 with focus on efficiency and new tools, finds GlobalData

Generative AI (GenAI) continued as a key theme in companies’ discussions in Q2 2024. Companies across various sectors are incorporating next-generation AI capabilities into their solutions, with GenAI standing out as a primary focus of technological innovation, reveals the Company Filings Analytics Database of GlobalData, a leading data and analytics company. GlobalData’s latest report, “Company […]
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INS Arighat to boost India’s nuclear deterrence amid growing Chinese influence in Indian Ocean, says GlobalData

Following the news that India has commissioned its second nuclear ballistic missile submarine, INS Arighat; Kandlikar Venkatesh, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The commissioning of INS Arighat marks a significant advancement in India’s strategic submarine manufacturing capabilities, emphasizing the country’s commitment to further strengthen its strategic nuclear […]
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GenAI-driven synthetic data can address shortfall of data when training new AI algorithms, says GlobalData

Synthetic data, generated through advanced generative artificial intelligence (GenAI), is emerging as a crucial solution to address the impending shortfall of data needed to train advanced AI algorithms. By providing a scalable and efficient alternative, synthetic data is not only ensuring robust AI development but also driving innovation and operational efficiency across industries, all while […]
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Taiwan ambitious submarine program a vital deterrence measure against China, says GlobalData

Taiwan is reinforcing its defense posture against China with an $8.8 billion investment in its Indigenous Defense Submarine Program, which aims to induct eight new submarines into its naval fleet over the next decade. These advanced submarines, developed with key support from the US and other allies, will significantly enhance Taiwan’s underwater warfare capabilities amid […]
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IASP World Congress highlights need for unified guidelines on opioid use in chronic pain, says GlobalData

At the recently held International Association for the Study of Pain (IASP) World Congress, a presentation during a topical workshop revealed significant discrepancies in clinical practice guidelines (CPGs) across countries for opioid use in chronic pain management. The inconsistencies raise concerns about the role of CPGs in the overprescription of opioids, potentially exacerbating the risk […]
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Eli Lilly’s Zepbound price cut ignites influencer debate on insurance, access, and affordability, reveals GlobalData

Eli Lilly & Company’s recent decision to reduce the price of its weight-loss drug Zepbound (tirzepatide) and offer it as single-use, flexible-dose vials has sparked significant discussion among influencers on social media platform X. The move, intended to enhance affordability and access, has generated a range of sentiments within the industry, reveals the Social Media […]
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UK VC funding hits $9 billion during January-July 2024, driven by big-ticket investments, finds GlobalData

UK-based startups raised $9 billion funding through 704 venture capital (VC) deals announced during January-July 2024, which is a 7.9% year-on-year (YoY) increase in funding value despite a 14.3% decline in deal volume. This reflects an improving appetite for big-ticket investments in promising startups, positioning the UK as a resilient market in the global venture […]
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China to spearhead global propylene capacity additions through 2028, says GlobalData

China is expected to register the highest propylene capacity additions globally by 2028, contributing about 49% of the total capacity additions from 38 upcoming projects, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Propylene Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028” reveals that […]
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Abaloparatide approval to enhance osteoporosis treatment landscape for high-risk patients in UK, says GlobalData

The National Institute for Health and Care Excellence (NICE) approved abaloparatide for treating patients at high risk of fractures in the UK, providing a new and effective treatment option for severe osteoporosis. This approval marks a critical milestone in improving patient outcomes and broadening therapeutic choices in the UK’s osteoporosis market, according to GlobalData, a […]
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AI and cybersecurity take center stage in Q2 2024 company filings, reveals GlobalData

Technology, travel and tourism, and insurance business sentiment improves Packaging and retail hit by shifting preferences and rising costs Israel, Indonesia, the UK, and the US witness sentiment growth Global business sentiment witnessed a marginal improvement of 0.2% year-over-year (YoY) during the second quarter (Q2) of 2024. While technology, travel and tourism, and insurance sectors […]
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GlobalData highlights rapid expansion and innovation in digital health technologies for sleep apnea

Inspire Medical Systems recently secured FDA approval for its Inspire V therapy system, a therapy system for obstructive sleep apnea treatment. This achievement highlights the increasing integration of advanced technology in the management of neurological disorders, fitting into the broader industry shift towards precision medicine, as reflected in the FDA’s recent push for innovative solutions […]
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VC funding in India startups soars to $6.3 billion during January-July 2024 despite global caution, finds GlobalData

India’s startup ecosystem saw a significant surge in venture capital (VC) funding during January-July 2024, with a total of 672 deals raising $6.3 billion. This represents a massive 42.1% year-on-year (YoY) increase in funding value, despite a modest 1.2% rise in deal volume. The spike in funding highlights investor confidence in India’s promising startups, even […]
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Italy defense budget to struggle to reach 2% spending target despite government efforts, says GlobalData

Italy’s economic issues and political divisions pose a challenge to its long-term defense spending increases and acquisition programs. Despite the government’s policy goals of reaching NATO’s 2% spending target, Italy’s defense budget is projected to remain in the mid-1% range during this decade, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Italy […]
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