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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.

Zoom Docs positions Zoom to better compete with Microsoft and Google, says GlobalData

The rollout of Zoom Docs reinforces Zoom role in enhancing productivity within hybrid work environments and positions the company competitively against Microsoft and Google. The introduction underscores Zoom’s continued evolution and growing influence in the team collaboration space, according to GlobalData, a leading data and analytics company. Gregg Willsky, Principal Analyst, Enterprise Technology and Services at […]
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Cost-of-living crisis-led shift toward cheaper options poses challenges for premium brands in home and personal care, says GlobalData

Brands across the FMCG space are experiencing new challenges and opportunities relative to regional and generational shifts in consumer attitudes regarding value for money. Although the effects of the cost-of-living crisis have lessened in many countries, many values and behaviors arising from it have stuck. The crisis has resulted in a shift in consumer preferences […]
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China robotic surgical systems market to reach $250 million through 2033, forecasts GlobalData

China’s robotic surgical systems is emerging as a dynamic force in the global medical technology landscape, driven by rapid advancements in healthcare innovation and increasing demand for minimally invasive procedures. Against this background, China’s robotic surgical systems market is projected to reach $250 million in 2033, according to GlobalData, a leading data and analytics company. […]
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Florida faces staggering economic costs of $30.1 billion due to obesity, reveals GlobalData

Obesity and overweight are estimated to have caused a staggering $30.1 billion reduction in Florida’s economy in 2022, equivalent to 2.2% of the state’s gross domestic product, according to a report released by GlobalData, a leading data and analytics company. GlobalData’s report, ‘Obesity’s Impact on Florida’s Economy and Labor Force,’ analyzes the economic and workforce […]
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South Korean companies look to tap growing personalized nutrition demand in Japan, says GlobalData

Japanese consumers are increasingly interested in personalized nutrition, driven by East Asian trends, especially from South Korea. The surge in popularity is attributed to the focus on natural ingredients. South Korean health and beauty companies are strategically targeting the Japanese market to leverage this trend. With Japan’s consumer health industry projected to grow at a […]
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Soccer dominates payments sector as Mastercard and Visa drive major sponsorship deals in 2024, reveals GlobalData

Soccer continues to dominate the payments sector in 2024, with 140 deals totaling $371.60 million annually. Mastercard’s landmark $195 million sponsorship of the UEFA Champions League highlights soccer’s unparalleled commercial value. UEFA’s substantial annual expenditure, followed by FIFA and other major leagues, reinforces the sport’s global appeal. Visa also makes a strong impact with high-profile […]
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China to spearhead global polyethylene capacity additions through 2028, says GlobalData

China is likely to register the highest polyethylene capacity additions globally by 2028, contributing about 29% of the total capacity additions from 46 upcoming projects, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Polyethylene Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028” reveals that […]
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Atopic dermatitis treatment sees promising future with new drug approvals, says GlobalData

Atopic dermatitis (AD) is experiencing a transformative shift in treatment management with recent drug approvals that address critical unmet needs. The introduction of novel therapies, such as Dermavant’s VTAMA (tapinarof) (Japan) and Arcutis’s ZORYVE (roflumilast) (US), with innovative mechanisms of action, offers hope for improved patient outcomes. As these treatments enter the market, they underscore […]
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Consumer industry crucial for China economic growth, says GlobalData

China unveiled a comprehensive plan in early August 2024 to boost household consumption, highlighting the consumer industry’s crucial role in economic recovery. As the property market struggles and exports wane, boosting consumer spending—especially on services—has become essential. This shift underscores the industry’s potential to drive growth, as China looks to reduce its reliance on manufacturing […]
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Card payments in Singapore to grow by 14.3% in 2024, forecasts GlobalData

The Singapore card payments market is forecast to grow by 14.3% to reach SGD162.1 billion ($120.7 billion) in 2024, supported by a constant consumer shift towards non-cash payments, says GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payments value in Singapore registered a growth of 20.9% in 2022, driven […]
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North America to dominate global renewable refinery capacity additions through 2028, says GlobalData

Global consumption of renewable fuels produced in refineries is increasing due to environmental concerns about fossil fuels, technological advances, and growing regulations on carbon emissions. As a result, global renewable refinery capacity additions are growing rapidly, with North America expected to drive the capacity additions among all the regions globally, says GlobalData, a leading data […]
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Southeast Asian consumers more likely to boycott brands due to geopolitical tensions, says GlobalData

Geopolitical tensions, such as the Israel–Hamas war, continue to pose a significant risk factor for brands. In the age of social media, brand boycotts over geopolitical tensions are becoming increasingly common. Moreover, Southeast consumers are more likely to boycott brands than consumers in most other markets, says GlobalData, a leading data and analytics company. Shravani […]
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Eli Lilly obesity drug tirzepatide approval in China strengthens market position amid GLP-1 agonist competition, says GlobalData

Eli Lilly’s tirzepatide (Mounjaro) has recently been approved by the National Medical Products Administration (NMPA) for treating obesity. This approval, based on the positive results from the SURMOUNT-CN clinical trial, makes tirzepatide the first dual glucose-dependent insulinotropic polypeptide (GIP) and glucagon-like peptide-1 (GLP-1) receptor agonist approved for obesity treatment in China, which is expected to […]
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