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The adoption of technologies like robotics, artificial intelligence (AI), and the Internet of Things (IoT) across the agriculture sector is helping tackle various challenges, including labor shortages and climate change. However, this digitalization also puts the sector at risk of cyberattacks, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic intelligence report, “Cybersecurity […]
IGNAZ trial interim results highlight HI-Bio’s potential to differentiate in IgAN space, says GlobalData
At this year’s European Renal Association, positive results were presented from Human Immunology Bioscience’s (HI-Bio) interim results of the Phase II IGNAZ clinical trial. According to the results, the use of MOR-202 (felzartamab) demonstrated a deep and durable reduction in proteinuria in patients with immunoglobulin A (IgA) nephropathy (IgAN). The drug potentially fills an unmet […]
UFC and DraftKings partnership tops gambling and betting sector’s sport sponsorship deals in Americas, reveals GlobalData
American gambling and betting brands dominate the sports sponsorship spend across the Americas region. The top 10 largest deals are heavily dominated by the big four major sports leagues in the Americas, which include the National Football League (NFL), the National Basketball Association (NBA), the National Hockey League (NHL), and Major League Baseball (MLB). However, […]
Mobile data to drive overall mobile services market in India during 2023-2028, forecasts GlobalData
India’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 3% from $27.7 billion in 2023 to $32.6 billion in 2028, mainly driven by the robust growth in mobile data services segment, according to GlobalData, a leading data and analytics company. GlobalData’s India Mobile Broadband Forecast Pack (Q1-2024) reveals […]
Neurology remains key therapeutic area for Japan pharma majors, says GlobalData
In the dynamic landscape of healthcare, key neurological disorders like Alzheimer’s disease, epilepsy, Parkinson’s disease, and depression pose significant challenges, particularly in the Asia-Pacific (APAC) region, where prevalence is high. The World Health Organization stated in March 2024 that “over 80% of neurological deaths and health losses occur in low- and middle-income countries, and access […]
China semiconductor ambitions trigger concerns over market oversupply, reveals GlobalData
China’s unveiling of $47.5 billion state-backed semiconductor investment fund has sparked conversations among influencers on “X” platform during the last week of May 2024. Influencers perceive the move as a strategic effort to shift the competitive landscape, in the wake of trade tensions with the US, but worry about potential market oversupply, price volatility, and […]
Verona’s Ensifentrine attracts positive opinions in light of anticipated US launch for COPD, says GlobalData
Verona Pharma recently announced that they are finalizing preparations for a potential US launch of Ensifentrine in the third quarter of 2024, depending upon the FDA’s approval, set for June 26, 2024. The first-in-class dual phosphodiesterase (PDE) 3/4 inhibitor aims to reduce exacerbations in chronic obstructive pulmonary disease (COPD) patients, administered as a nebulized formulation. […]
Quantum internet poised to revolutionize global connectivity, finds GlobalData
The advent of the quantum internet, a revolutionary communication system utilizing quantum mechanical principles and qubits instead of binary bits, is poised to redefine global connectivity with unprecedented levels of security and performance. This transformative technology holds the potential to transform many industries, including telecommunications, cybersecurity, and computing, according to GlobalData, a leading data and […]
Osteoporosis Awareness & Prevention Month highlights need for prioritizing early diagnosis and advanced treatments, says GlobalData
The Bone Health and Osteoporosis Foundation (BHOF) observes the month of May every year as Osteoporosis Awareness & Prevention Month to shed light on the critical needs of those living with osteoporosis. Advocates emphasize the importance of enhancing education, research, and healthcare strategies to tackle this prevalent, yet frequently neglected condition. Prioritizing prevention, early diagnosis, […]
UK startups raise $3.6 billion VC funding during January-April 2024, finds GlobalData
The UK witnessed the announcement of a total of 389 venture capital (VC) funding deals of worth $3.6 billion during January-April 2024. This is a year-on-year (YoY) decline of 21.4% in terms of deal volume and 32.8% in terms of value, according to GlobalData a leading data and analytics company. An analysis of GlobalData’s Deals […]
Romania’s military modernization efforts to offer market entry routes for defense firms, says GlobalData
As a former member of the Warsaw Pact, Romania still possesses large volumes of aging Cold War equipment. In order to meet North Atlantic Treaty Organization (NATO) standards, Romania can either outright replace such models with modern, Western equipment or heavily modify units to bring these platforms in line with NATO’s STANAG (Standardization Agreement) documents. […]
Indian startups raise $3.1 billion in VC funding during January-April 2024, finds GlobalData
Indian funding winter seems to be waning as the country witnessed year-on-year (YoY) improvement in venture capital (VC) funding deals volume and value during January-April 2024. A total of 375 VC funding deals were announced in the first four months of 2024 while the disclosed value of these deals stood at $3.1 billion. This was […]
India SVoD services market to reach $2.1 billion in 2028, forecasts GlobalData
The subscription video on demand (SVoD) service revenue in India is expected to grow at a compound annual growth rate (CAGR) of 6.7% from $1.5 billion in 2023 to $2.1 billion in 2028, driven by healthy growth in SVoD subscriptions and increase in unique SVoD household penetration, according to GlobalData, a leading data and analytics […]
T-Mobile looks to take the first, biggest bite from UScellular’s assets in $4.4 billion deal, but other spectrum sales will follow, says GlobalData
Following the news that United States Cellular Corporation (UScellular) has agreed to sell its wireless operations and a portion of its spectrum assets in the US to T-Mobile for $4.4 billion; Charles Garrett, Principal Analyst, Global Telecom Consumer Services at GlobalData, a leading data and analytics company, says: “UScellular’s announcement of a strategic review in […]
EA Sports biggest sports sponsorship tech brand in Americas in 2024, reveals GlobalData
Soccer is the most popular sport in terms of sponsorship agreements across the Americas region. EA Sport is the most active tech brand in the region, and one of the key drivers of its deal volume is its partnerships with several American football teams, including the Tampa Bay Buccaneers, Philadelphia Eagles, and Kansas City Chiefs. […]
AbbVie’s strong immunology portfolio to offset Humira losses, says GlobalData
For 20 years, AbbVie’s Humira (adalimumab) has been one of the world’s top-selling products. However, the US drug expiry in January 2023 resulted in a 32% decline in sales of Humira in 2023, accompanied by a 7% drop in the company’s total revenue for that year. As further sharp declines are expected for Humira, AbbVie […]
China accelerates naval modernization amid rising regional tensions, says GlobalData
China has unveiled its inaugural drone carrier in response to heightened tensions and evolving geopolitical dynamics in the Asia-Pacific region. This marks a significant stride in its ambitious military modernization efforts, reflecting its commitment to bolstering naval prowess. With a focus on enhancing maritime surveillance capabilities and asserting dominance in contested areas like the South […]
India to significantly contribute to global butadiene capacity additions through 2028, says GlobalData
India’s butadiene market is set to experience a significant growth trajectory through 2028, contributing about 18% of the global butadiene capacity additions from six new build and expansion projects, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Butadiene Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants […]
Fixed communication services revenue in Hong Kong to grow at 2% CAGR during 2023-2028, forecasts GlobalData
The fixed communication services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 2.0% from $2.7 billion in 2023 to $3.0 billion in 2028, supported by the fixed broadband service segment, according to GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Fixed Communication Forecast (Q1 2024) […]
Total prevalent cases of osteoporosis to surpass 58.05 million in 7MM in 2033, forecasts GlobalData
The total prevalent cases of osteoporosis in the seven major markets (7MM*) are projected to increase from 51.17 million in 2023 to 58.05 million in 2033, with an annual growth rate (AGR) of 1.34%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Osteoporosis – Epidemiology Analysis and Forecast to 2033,” reveals that […]