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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.

India VC funding sees 45.3% YoY jump in H1 2024 despite 2.1% drop in deal volume, reveals GlobalData

India’s venture capital (VC) landscape during the first half (H1) of 2024 highlights a strategic shift towards relatively larger investments, as reflected by the 45.3% increase in disclosed funding value year-on-year (YoY) despite a 2.1% drop in deal volume. This trend signifies investors’ growing confidence in high-potential startups, with significant deals like Zepto’s $665 million […]
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UK startups secure $7.7 billion VC funding despite fewer deals during H1 2024, reveals GlobalData

The UK startups secured $7.7 billion in venture capital (VC) funding during the first half (H1) of 2024, demonstrating a 2.8% year-on-year (YoY) increase in total value despite a 17.8% drop in deal volume. This divergence highlights a trend of selective investment, with significant backing for high-potential ventures. The substantial deals and investor enthusiasm suggest […]
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Global unmanned surface vessel market to more than double to $2.5 billion by 2034, forecasts GlobalData

In recent years, a number of systems have entered the battlespace, and more than 40 countries will operate unmanned surface vessels (USVs) by 2034. The proliferation of unmanned systems in the global defense market continues to have a growing impact on the future of naval warfare, following Ukraine’s successful campaign against the Russian Black Sea […]
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8×8 unveils AI upgrades to contact center platform but suffers feature rollout delays, says GlobalData

8×8 has introduced AI-enhanced features to its contact center platform that elevate the customer experience and raise customer satisfaction. However, the integrated cloud contact center and unified communications platform provider faces challenges with delayed feature rollouts, potentially impacting its market reputation and competitive edge, says GlobalData, a leading data and analytics company. Gregg Willsky, Principal […]
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Biotech IPO raising soars sixfold QoQ in Q1 2024 amid renewed investor optimism, reveals GlobalData

Biotech initial public offerings (IPOs) surged in the first quarter (Q1) of 2024, with eight completed IPOs raising $3.72 billion—six times the amount raised in Q4 2023 and marking the highest quarterly biotech IPO value in over a year on a quarter-on-quarter (QoQ) comparison. This increase followed a two-year decline, indicating pent-up demand. Going forward, […]
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AI, 3D printing, and vehicle electrification drive efficiencies in automotive manufacturing and supply chain, says GlobalData

The global automotive industry is rapidly adopting innovative technologies, ranging from robotics to the integration of artificial intelligence (AI) and machine learning, as part of the evolution of Industry 4.0. This adoption is primarily driven by the need to enhance production efficiencies and eliminate the human error factor in complex manufacturing processes. The major advancements […]
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Sahm Rule sparks US recession debate among influencers on social media platform X, reveals GlobalData

Sahm Rule activation has driven recession discussions to the forefront of the social media platform “X” in early August. This economic indicator signals a potential recession when the three-month moving average of the national unemployment rate exceeds its 12-month low by over 0.5%. With rising unemployment, a tightening job market, and increasing national debt, the […]
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2024 US Open Golf sees major sponsorship and prize pool milestones despite viewership dip, reveals GlobalData

The 2024 US Open Golf Championship showcased significant sponsorship investments, with financial services giant American Express leading the pack at $10.75 million annually. Despite a slight dip in viewership from 2023, the event remained a major draw, offering a record $12.5 million prize pool. Long-term sponsor partnerships underscore the event’s enduring appeal and financial stability, […]
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Japan card payments market to grow by 10.8% in 2024, forecasts GlobalData

The Japan card payments market is forecast to grow by 10.8% in 2024 to reach JPY121.4 trillion ($866.8 billion), supported by the growing consumer preference for non-cash payments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payment value in Japan registered a growth of 15.8% in 2022, driven […]
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Viking Therapeutics’ obesity drug could become direct competitor to Eli Lilly’s tirzepatide, says GlobalData

The obesity market continues to expand, but therapeutic options remain limited and shortages in supply continue. This creates a significant opportunity for new entrants. Numerous companies are exploring potential breakthrough mechanisms of action beyond GLP-1R agonists, while others are focusing on the synergistic effects of targeting multiple receptors to enhance the benefits of GLP-1R agonists. […]
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Dual-voltage charging stations key for global EV adoption, says GlobalData

The automotive industry is undergoing a significant digital transformation focused on improving vehicle performance, safety, and sustainability. The key innovations driving this change include advanced EV discharge prediction, sophisticated collision avoidance systems, and dual-voltage charging stations. Among these, dual-voltage charging stations are particularly crucial in boosting EV adoption by supporting multiple charging standards and enhancing […]
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APAC automotive electrical braking systems market to expand at 2.3% CAGR over 2024-29, forecasts GlobalData

The automotive industry has evolved significantly, especially in braking systems, enhancing comfort, safety, and technological integration. In the Asia-Pacific region, the adoption of cutting-edge technologies, such as electric vehicles (EV), is forecast to drive the growth of electrical braking systems market at a compound annual growth rate (CAGR) of 2.3% during 2024-2029, according to GlobalData, […]
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