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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.

GLP1R innovator drugs drive over $6.2 billion in licensing agreement deals in 2024YTD, reveals GlobalData

The recent success of obesity treatments, particularly Ozempic (semaglutide) and Mounjaro (tirzepatide), has driven significant interest in glucagon-like peptide-1 receptor (GLP1R) targeting drugs. These therapies have witnessed a 595% increase in licensing deal value between 2019 and 2024 year-to-date (YTD), exceeding $6.2 billion in 2024 YTD alone. Biopharmaceutical companies are now focusing on advancing these […]
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World Sepsis Day 2024: Improved clinical trial design and targeted therapies remain key unmet needs, says GlobalData

World Sepsis Day, which takes place annually on September 13, aims to raise awareness of the devastating condition that claims millions of lives globally each year. Sepsis is a life-threatening and complex disease caused by a dysregulated host immune response to an infection. Currently, there is no drug that specifically targets the underlying pathophysiological processes […]
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GlobalData raises global economic growth projection for 2024 to 2.52%

The global economy is navigating through a complex landscape marked by persistent geopolitical tensions. Nevertheless, easing inflationary pressure, central bank rate cuts (including by the ECB), and stronger consumer spending are mitigating these issues. Against this backdrop, GlobalData, a leading data and analytics company, has revised the global economic growth forecast for 2024 to 2.52% […]
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Top 20 APAC insurers face subdued premium growth amid economic and regulatory challenges in 2023, finds GlobalData

The top 20 public insurance companies in Asia-Pacific (APAC) reported  subdued premium growth in 2023 owing to broader economic and regulatory challenges such as inflationary trends, and implementation of IFRS 17. As a result, their average premium earned* grew by a paltry 1.3% while experiencing a modest 5.5% uptick in total revenue, reveals GlobalData, a […]
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Tech giants target APAC to step up AI and cloud investments, reveals GlobalData

Asia-Pacific (APAC) is rapidly emerging as a global artificial intelligence (AI) powerhouse, with strategic investments fueling its ascent. Major tech companies pouring billions of dollars into the region to accelerate cloud and AI adoption is indicative of the immense potential and opportunities in this dynamic market. This evolution, driven by the region’s growing technological capabilities […]
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iPhone 16 camera and AI innovations receive thumbs up from influencers, sparks anticipation for future advancements, reveals GlobalData

Apple Inc has unveiled the highly anticipated iPhone 16 Pro and Pro Max series at the Glowtime Event 2024 on 09 September, boasting an array of advanced capabilities, including a “camera control” slider and visual AI features. The announcement has generated significant buzz among influencers on social media platform “X”, who have shared a mix […]
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Dublin data center denial highlights growing challenges in green power and connectivity for AI expansion, says GlobalData

The recent denial of a Google Data Center at Grange Castle Business Park in Dublin highlights the growing challenges in powering and constructing new data facilities. As power hungry technologies such as artificial intelligence (AI) expand, there is an increasing need for sustainable power solutions and enhanced data connectivity. Balancing the demands of AI with […]
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Volvo’s revised electrification goal sparks mixed influencer opinions on electric future, reveals GlobalData

AB Volvo, part of China’s Geely Holding, has become the focal point of discussion among influencers on social media platform “X”, following its decision to revise its ambitious 2030 electrification goal. The Swedish automaker, previously committed to selling only fully electric vehicles (EV) by the end of the decade, has adjusted its target to a […]
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APAC automotive sensors market to increase at 0.4% CAGR during 2024-29, forecasts GlobalData

The automotive industry is witnessing a growing demand for electronic sensors, particularly in position sensing applications, propelled by continuous technological advancements and innovations. The focus on technical progress, including electrification and autonomous driving, has amplified the need for high-precision sensors. However, the limited adoption of automotive sensors in compact and economy cars, given their high […]
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Knee replacement innovations to reshape competitive landscape of orthopedic market, says GlobalData

The knee replacement market is currently experiencing a significant transformation, driven by innovative technologies and materials. Key innovations such as the application of nanotechnology in orthopedic implants, the increasing use of kinematic alignment (KA), robotic surgery and artificial intelligence (AI) in knee replacement procedures are at the forefront of this evolution. These innovations are not […]
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Project 17 Bravo frigates to enhance Indian Navy’s operational effectiveness with significant improvements over preceding class, says GlobalData

In line with its efforts to enhance deterrence capabilities against the increasing Chinese presence in the Indian Ocean Region (IOR), India’s Defence Acquisition Council recently approved the acquisition of the Indian Navy’s Project 17 Bravo frigates. This initiative involves the construction of seven new frigates, incurring an investment of INR70,000 crore ($8.34 billion), while incorporating […]
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Diversity improves telco performance and increasingly matters for access to contracts, says GlobalData

Continued adoption of diversity targets and improved reporting of race, disability, and gender identification is found to be helpful in improving the performance of telecom companies, according to an analysis of UK leading service providers to enterprise customers conducted by GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst, Enterprise Technology & Services […]
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Su-30 MKI aircraft engines procurement to enhance India’s combat readiness, says GlobalData

India is strengthening its combat readiness with the procurement of 240 AL-31FP engines for its Su-30 MKI fighter jets in a INR2,600 billion (~$3.1 billion) deal. Locally manufactured by Hindustan Aeronautics Limited under a licensing agreement with Russia’s NPO Saturn, these engines will enhance operational capabilities, maintain low production costs, and address the technical and […]
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Dupert offers new hope for advanced NSCLC patients as China’s first KRAS G12C Inhibitor, says GlobalData

GenFleet Therapeutics and Innovent Biologics have secured approval from China’s National Medical Products Administration (NMPA) for Dupert (fulzerasib), the country’s first KRAS G12C inhibitor for advanced non-small cell lung cancer (NSCLC) in adults who have undergone prior systemic therapy. This breakthrough therapy addresses a challenging mutation, offering a critical new treatment option for patients with […]
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John Lewis throws down gauntlet to 25 competitors with relaunch of Never Knowingly Undersold price promise, says GlobalData

Following the news that John Lewis has announced the reintroduction of its Never Knowingly Undersold (NKU) price promise; Zoe Mills, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “The resuscitation of its NKU price promise, coupled with an updated narrative on its proposition, highlights a return to its roots […]
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