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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.

Persistent China threat to spur Taiwan defense spending to $23.4 billion in 2029, says GlobalData

China’s decades-old claim to own Taiwan as its territory is persistently posing a threat to the latter. As China continues to intimidate Taiwan by firing missiles and deploying military aircraft and naval vessels along its borders, Taiwan finds ever-growing need to modernize its current fleet and build a battle-ready armed force to defend itself against […]
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Microbot’s Liberty robotic system holds potential to transform remote telesurgery landscape, says GlobalData

Microbot Medical recently announced the advancement of its Liberty Robotic System to the next phase of remote telesurgery evaluation to ensure its safety and efficacy in a clinical setting. The company has completed the second round of pre-clinical testing with positive results, demonstrating the system’s potential to enable surgeons to perform procedures from remote locations […]
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WHO’s mpox response plan provides direction for coordinated response to reduce disease burden, says GlobalData

In response to the mpox outbreak in Africa, the World Health Organization (WHO) has launched an international Strategic Preparedness and Response Plan (SPRP) and hosted a research response conference whereby researchers, public health officials, and stakeholders from affected countries were invited to take the lead in shaping research efforts and aligning them with outbreak response […]
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Fiber broadband to drive Indonesia fixed communication services revenue at 4.6% CAGR during 2024-29, forecasts GlobalData

The fixed communication services revenue in Indonesia is forecast to increase at a compound annual growth rate (CAGR) of 4.6% from $3.2 billion in 2024 to $4 billion in 2029 as fiber broadband service adoption gains traction, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Fixed Communications Forecast (Q2 2024) reveals that […]
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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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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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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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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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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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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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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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