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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.

US card payments market to grow by 5% in 2024, forecasts GlobalData

The US card payments market is forecast to grow by 5% in 2024 to reach $10.6 trillion, 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 US registered a growth of 12.3% in 2022, driven by the […]
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FDA approval of CAPVAXIVE will enhance protection against pneumococcal disease in older adults, says GlobalData

The FDA has approved Merck’s CAPVAXIVE (pneumococcal 21-valent conjugate vaccine, originally known as V116), for the prevention of invasive pneumococcal disease and pneumococcal pneumonia in adults aged 18 years and older. This is the first pneumococcal vaccine that is specifically designed to protect against serotypes which particularly infect older adults. The vaccine will likely become […]
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California faces staggering economic costs of $89.5 billion due to obesity, reveals GlobalData

Obesity and overweight are estimated to have caused a staggering $89.5 billion reduction in California economy in 2022, equivalent to 2.5% 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 California’s Economy and Labor Force,’ analyzes the economic and workforce […]
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Top 20 global payment giants thrive despite economic challenges, rake in $236 billion in 2023, reveals GlobalData

Amidst expansionary monetary policy, geopolitical uncertainties, and soaring inflation, the global payments industry continued to thrive in 2023. The top 20 public payment companies saw their revenues rise by 3.5% to $236 billion, reveals GlobalData, a leading data and analytics company. The US payment companies dominated the list with the top four – American Express, […]
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CAR T-cell assets for SLE and LN diseases hold potential for growth with China emerging as key player, says GlobalData

At the recent European Alliance of Associations for Rheumatology (EULAR) 2024 conference, industry sponsors presented preliminary data from ongoing, early-stage clinical trials evaluating CAR T-cell assets in autoimmune diseases, including systemic lupus erythematosus (SLE) and lupus nephritis (LN). While the overall results gave early indications of the potential ability of CAR T-cell assets in achieving […]
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Fisker bankruptcy highlights struggles in balancing competitive pricing and sustainability, reveals GlobalData

Fisker bankruptcy filing has ignited fervent discussions among influencers on the social media platform “X”, drawing attention to the challenges and opportunities within the electric vehicle (EV) industry. Influencers are critically examining the sustainability of pricing strategies following Fisker’s drastic price reductions and bankruptcy filing, emphasizing the challenges faced by new entrants in scaling production […]
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Oil and gas industry embraces circular economy to combat plastic pollution, says GlobalData

The circular economy involves recycling, reusing, and repurposing of products to extend their usable lifetime. Among the oil and gas industry’s conventional products, plastic is the most relevant to the circular economy. Increasing demand for circular economy solutions in the oil and gas industry, especially regarding plastics, presents several long-term opportunities for companies. Companies can […]
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The Changing Offshore Investment Landscape: Join GlobalData’s webinar

Despite the ongoing discussions about deglobalization following the US-China trade war and the COVID-19 pandemic, there is no evidence of negative impact on the global offshore investment market. Currently, 42.5% of high-net-worth (HNW) wealth is allocated to offshore accounts. However, the factors driving these investments and the preferences for specific offshore booking centers vary significantly […]
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OpenAI acquisition of Rockset to enhance AI capabilities evokes optimism among X influencers, finds GlobalData

OpenAI, an artificial intelligence (AI) research lab backed by Microsoft, has acquired Rockset, a company that specialises in real-time analytics databases, for almost US$200 million. The acquisition has drawn attention and various reactions from influencers on social media platform “X”, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Smitarani […]
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Fixed communication services revenue in Malaysia to grow at 0.7% CAGR during 2023-2028, forecasts GlobalData

The fixed communication services revenue in Malaysia is expected to increase at a compound annual growth rate (CAGR) of 0.7% from $1.87 billion in 2023 to $1.94 billion in 2028, supported by the fixed broadband service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Malaysia Fixed Communications Forecast (Q1 2024) reveals that the […]
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Success of resellers in enterprise telecoms market underlines need for smart segmentation, says GlobalData

An analysis of the US reseller market illustrates that enterprise telecoms service providers worldwide need to embrace smarter customer segmentation. About 1,800 significant resellers in the US account for as much as 20% of the enterprise telecoms market. Their intensely customer-focused approach means that all service providers need to get smart in their market segmentation, […]
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