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Payment cards are the preferred payment method for e-commerce purchases in the US, collectively accounting for 56.3% share in 2023, finds the 2023 Financial Services Consumer Survey* conducted by GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveal that e-commerce market in the US grew by 9.8% in 2023 to reach $2 trillion, […]
US-China tech dynamics shine light on thriving underwater drone investments, notes GlobalData
In a race to strengthen underwater capabilities, the US and China are accelerating efforts in advanced technologies such as the Manta Ray underwater drone, highlighting their strategic significance. The recent developments highlight the critical role of underwater drones in military, environmental, and infrastructure applications. With significant investments driving innovation in endurance, navigation, and data collection […]
Global efforts intensify to curb gas flaring amid environmental concerns, finds GlobalData
The oil and gas industry has been under increased scrutiny in recent years for its flaring of associated gases produced during crude oil extraction. While global flaring volumes have steadily declined, the top five gas-flaring countries (Russia, Iran, Iraq, Algeria, and Venezuela) have seen little change in their flaring levels. The industry is collaborating with […]
Diagnosed prevalent cases of chronic kidney disease to reach 22.97 million across 7MM in 2033, predicts GlobalData
The diagnosed prevalent cases of chronic kidney disease (CKD) across the seven major markets (*7MM) are projected to increase at an annual growth rate (AGR) of 0.90% from 21.08 million in 2023 to 22.97 million in 2033, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Chronic Kidney Disease: Epidemiology Forecast to 2033,” […]
South Korea card payments market to reach almost $1 trillion in 2024, forecasts GlobalData
The South Korean card payments market is forecast to grow by 5.9% in 2024 to reach KRW1,272.4 trillion ($974.3 billion), supported by high consumer preference for electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payment value in South Korea registered a growth of 12.7% in […]
Synergistic safety profile could increase sublingual apomorphine competitiveness, says GlobalData
Sublingual apomorphine (SL-APO) is a dopamine agonist (DA) marketed by Bial under the brand name Kynmobi in several countries for the on-demand treatment of levodopa wear-off (OFF-episodes) that are not sufficiently controlled by levodopa “add-on” (adjunct) therapies. At the 10th Congress of the European Academy of Neurology (EAN) 2024, Dr. Diego Santos García presented a […]
Cross-border real-time payments make tangible progress as over 50% consumers use them, says GlobalData
Cross-border payments are becoming increasingly important to international economies. Around 63% of global consumers use international real-time payments (RTPs) services to send money to family and friends and 51% use them only to pay for goods and services, according to the 2024 Financial Services Consumer Survey* conducted by GlobalData, a leading data and analytics company. […]
Top 25 global banks add 5.4% market value during Q2 2024, reveals GlobalData
China Construction Bank and HDFC Bank stocks see over 15% growth Canadian multinational bank TD Bank loses nearly 10% market value JPMorgan Chase remains top of the chart for the ninth consecutive quarter The aggregate market capitalization (MCap) of the top 25 global banks went up by 5.4% to $4.11 trillion quarter-on-quarter (QoQ) during the […]
Opicapone demonstrates efficacy in real-world clinical practice, says GlobalData
Opicapone is a catechol-O-methyltransferase (COMT) inhibitor marketed in several countries by either Amneal Pharmaceuticals or Bial, depending on region, under the brand name “Ongentys” for the treatment of levodopa wear-off in Parkinson’s disease (PD). At the 10th Congress of the European Academy of Neurology (EAN) 2024, Dr. Maria-Rosario Luquin and Dr. Lydia López Manzanares separately […]
South Korea radiosurgery systems market to see 6% CAGR through 2033, forecasts GlobalData
Brain tumors and associated neurological disorders pose a serious medical issue, impacting millions of people worldwide. These tumors interfere with normal brain activity, resulting in a range of symptoms such as headaches, seizures, and cognitive decline. This has driven the demand for advanced, minimally invasive treatments. In this context, South Korea’s radiosurgery systems market is […]
Microsoft perpetuates a puzzling contact center journey, says GlobalData
When it comes to Microsoft, contact center is the gift that keeps on giving. Recently, the company tore the wrapping paper from its latest contact center offer with the general availability of Microsoft Dynamics 365 Contact Center on July 1, 2024. With the latest move, Microsoft is perpetuating a puzzling contact center journey, says GlobalData, […]
GenAI to revolutionize financial services with enhanced decision-making and personalization, says GlobalData
Generative AI (genAI) is set to transform financial services across banking, insurance, and wealth management. This technology is advancing through distinct phases, offering transformative capabilities such as enhanced decision-making, personalized services, and innovative product development. With significant funding growth and increasing adoption, genAI is set to drive unprecedented innovation and operational efficiency in the industry, […]
Prioritized investments from pharma companies shaping competitive pipeline landscape of bronchiectasis, says GlobalData
Recent studies have allowed the unexplored field of bronchiectasis to be further investigated by shedding light on the mechanisms behind the disease’s pathophysiology. In recent years, bronchiectasis has garnered a significant amount of attention, with pharmaceutical companies prioritizing their investments in the development of promising pipeline agents to treat the disease through various mechanisms of […]
AI and robotics unlock sustainable efficiency in oil and gas sector, says GlobalData
Artificial intelligence (AI) and robotics are leading the transformative changes in the oil and gas sector, accelerating advancements in operational efficiency, safety, and environmental sustainability. These technologies are reshaping how the sector approaches exploration, production, refining, and logistics, instituting a new era of innovations for heightened productivity, efficiency, sustainability, and safety, according to GlobalData, a […]
Safinamide outperforms rasagiline in efficacy, cost-efficacy, and forecasted sales, says GlobalData
Safinamide is a monoamine oxidase B (MAO-B) inhibitor marketed in several countries under the brand name Xadago by Newron Pharmaceuticals for the treatment of levodopa wear-off in Parkinson’s disease (PD). At the 10th Congress of the European Academy of Neurology (EAN) 2024, Dr. Ester Morales García presented a pharmacoeconomic report comparing safinamide to its competitor […]
South Korea to reach close to nuclear power generation target of 32.4% by 2030, says GlobalData
South Korea is considering the addition of nuclear and renewable energy to decarbonize its power generation. Under its nationally determined contribution (NDC), the country has pledged to reduce its greenhouse gas emissions by 40% by 2030 compared to 2018 levels. The South Korean government’s lack of ambitious goals for renewable energy has pushed the country […]
Malaysia to close in on 40% renewable capacity target by 2035, says GlobalData
In 2021, the Ministry of Energy and Natural Resources of Malaysia (KeTSA) set a target to achieve 31% renewable capacity by 2025 and 40% by 2035. Later in the National Energy Policy (2022 – 2040) the government set a target to achieve 18.4 GW renewable capacity by 2040. Currently, 13.3% of the country’s total capacity […]
Ajovy benefits diminish with migraine treatment cessation and re-initiation, says GlobalData
The interim results from the observational, prospective Phase IV Pan-European Real-Life (PEARL) study, presented at the 10th Congress of the European Academy of Neurology, indicate that treatment cessation and re-initiation can reduce the benefits of Teva Pharmaceutical’s Ajovy for migraine management. Continuous administration of Ajovy is crucial for effective prevention, challenging current guidelines that recommend […]
Healey platform data to pave phase III path for Prilenia’s pridopidine, says GlobalData
Developing disease-modifying treatments for amyotrophic lateral sclerosis (ALS), a rare and aggressive disease, has proven challenging. The high failure rate in ALS clinical trials is often attributed to the disease’s unclear etiology and complex pathophysiology. At the 10th Congress of the European Academy of Neurology (EAN) 2024, Prilenia Therapeutics presented promising results from the additional […]
Preventative treatment of chronic migraine will continue to evolve in short-term with anti-CGRP mAbs effectiveness, says GlobalData
OnabotulinumtoxinA (BoNT-A) and monoclonal antibodies against the calcitonin gene-related protein (anti-CGRP mAbs) have emerged as the first disease-specific preventative treatments to be approved for chronic migraine. At the 10th Congress of the European Academy of Neurology (EAN) 2024, Danilo Antonio Montisano, MD, presented real-world evidence findings from a retrospective, observational multicenter cohort study (RAMO) comparing […]