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Oil & Gas

China to spearhead global butadiene capacity additions through 2028, says GlobalData

China is likely to register the highest butadiene capacity additions globally by 2028, contributing about 41% of the total capacity additions from 15 upcoming 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 to 2028” reveals that […]

Sport

2024 Indian Premier League to generate $99.31 million in sponsorship revenue, says GlobalData

The Indian Premier League (IPL) is the most popular cricket franchise league in the world. The 2024 IPL’s top sponsorship is the tournament’s five-year deal with Tata Group, worth an estimated $60.15 million annually. The deal is almost four times higher than the next highest deal and sees the brand serve as the IPL’s title […]

Disruptor

Data center innovations drive towards greener digital horizon, says GlobalData

Data centers are undergoing a significant transformation, merging traditional computing frameworks with innovative technologies. This evolution, driven by the critical need for efficiency and scalability in computing, is redefining the way data is managed and processed globally, reveals GlobalData, a leading data and analytics company. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments: […]

Medical Devices

China atherectomy devices market to grow at 9% CAGR through 2033, forecasts GlobalData

Owing to the increasing prevalence of peripheral artery diseases (PAD) due to an ageing population, sedentary lifestyles, poor eating habits, and growing demand for non-invasive endovascular procedures, the atherectomy devices market in China is projected to grow at a compound annual growth rate (CAGR) of 9% between 2023 and 2033, forecasts GlobalData, a leading data […]

Pharma

Non-injectable medication development remains significant unmet need in female infertility, says GlobalData

Great progress has been made in the management of female infertility since the introduction of assisted reproductive technology, predominantly in vitro fertilization (IVF). However, despite the improvements made in the space, challenges associated with the treatment remain. The development of non-injectable fertility medications represents a significant unmet need, according to key opinion leaders (KOLs) interviewed […]

Banking

Finland card payments market to grow by 6.2% in 2024, forecasts GlobalData

The Finland card payments market is forecast to grow by 6.2% in 2024 to reach EUR72.1 billion ($78.0 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 payments value in the Finland registered a growth of 11.6% in 2022, […]

Medical Devices

Dental aligners market to surge by 14% CAGR through 2033, forecasts GlobalData

The dental aligners market is experiencing rapid growth, driven by the increasing prevalence of malocclusion and a growing demand for orthodontic treatments. This growth is also fueled by technological advancements, evolving consumer preferences, and the psychosocial benefits of dental aligners. With a market value of $6.2 billion in 2023, the sector is poised for significant […]

Business Fundamentals

Top 20 APAC banks see 4.3% revenue growth in 2023 amid economic recovery, finds GlobalData

The top 20 Asia-Pacific (APAC) banks saw a 4.3% increase in combined revenue, reaching $1.67 trillion in 2023, up from $1.6 trillion the previous year. This growth was fueled by a surge in interest income due to tightened monetary policies, robust economic recovery, and improved asset quality, despite a decline in non-interest income amid economic […]

Medical Devices

Masimo’s FDA clearance for Stork to redefine OTC baby monitoring market, says GlobalData

The COVID-19 pandemic has significantly accelerated the pace of innovation in the healthcare IT market, as health systems worldwide have rapidly adapted to new technologies to manage unprecedented challenges. The shift towards remote healthcare and increased consumer interest in health monitoring at home has driven demand for advanced healthcare technologies, including baby monitoring systems. The […]

Sport

Masters generates total annual sponsorship revenue of $50.75 million for 2024 edition, reveals GlobalData

The 2024 Masters Golf Tournament witnessed a total of seven sponsors, with the joint-top sponsors in terms of annual deal value being IBM and AT&T, each with deals worth $9 million. Mercedes-Benz, Delta Air Lines, Rolex, and UPS, which have been long-term partners of the tournament, are also sponsors for the 2024 edition. There was […]

Retail

UK shoppers set to spend £700m on Father’s Day this year, less than half the amount spent on Mother’s Day, says GlobalData

With retail spending on Father’s Day in the UK forecast to reach £695m in 2024, up 1.8% on 2023, retailers must kick off Father’s Day promotions earlier. The UK Father’s Day market is less than half the size of the UK Mother’s Day market, with the latter occasion being boosted by the amount spent on […]

Business Fundamentals

US startups raise $34.2 billion VC funding during January-April 2024, finds GlobalData

Venture capital (VC) funding activity by the US startups experienced a year-on-year (YoY) decline both in terms of deals volume and value during January-April 2024. A total of 1,527 VC deals of worth $34.2 billion were announced in the US during January-April 2024. This represents a YoY decline of 47.7% in terms of deals volume […]

Medical Devices

Pulsed field ablation catheters see price increase despite downward pressure in 2024, says GlobalData

Pulsed field ablation (PFA) technology has been spotlighted in recent years, showing promising trends in both clinical adoption and market dynamics. The US market value of Farawave from Boston Scientific almost tripled between February 2024 and March 2024. Unlike the declining trend of the regular electrophysiology devices, the prices of Farawave slightly increased, by 1.2% […]

Medical Devices

HeartMate 3 recall and inadequate hearts for transplantation make HF therapy landscape much more dire, says GlobalData

Heart failure (HF) is one of the major drivers for the growth of mechanical circulatory support devices (MCSDs). MCSDs are used in three therapies in patients who are currently ineligible for a heart transplant: Bridge to Transplant, Destination, and Bridge to Recovery Therapy. Recently, the FDA announced a Class I recall for Abbott‘s HeartMate 3 […]

Banking

Mobile wallets dominate China payment landscape with over 84% user adoption, reveals GlobalData

Mobile wallets have become the dominant payment method in China, with over 84% of users utilizing them for transactions in the past year. This surge is driven by widespread smartphone and internet accessibility, QR code-based payment adoption, and the popularity of domestic brands like Alipay and WeChat Pay, according to GlobalData, a leading data and […]

Medical Devices

Japan robotic surgical systems market to reach $175 million in 2033, forecasts GlobalData

Robotic surgical systems represent the pinnacle of surgical innovation, merging advanced robotics with artificial intelligence (AI) to provide surgeons with unprecedented control and visualization during procedures. This technological advancement is driving significant market growth worldwide. Against this background, Japan’s robotic surgical systems market is expected to reach $175 million in 2033, forecasts GlobalData, a leading […]

Technology

Mobile service revenue in South Korea to increase at 3.5% CAGR over 2023-2028, forecasts GlobalData

The total mobile services revenue in South Korea is poised to increase from $21.1 billion in 2023 to $25.1 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%, mainly driven by robust growth in M2M/IoT subscriptions and mobile data services segment, according to GlobalData, a leading data and analytics company. GlobalData’s latest […]

Pharma

Pre-emptive pandemic preparedness measures emerge in US against avian influenza A(H5N1), says GlobalData

With cases of avian influenza A(H5N1) on the rise among cattle in the US, government health officials are preparing for the potential of the virus adapting to enable human-to-human transmission and have two vaccine candidates available in case of such an event. While there is no evidence yet that H5N1 could spread between humans, such […]

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China to spearhead global butadiene capacity additions through 2028, says GlobalData

2024 Indian Premier League to generate $99.31 million in sponsorship revenue, says GlobalData

Data center innovations drive towards greener digital horizon, says GlobalData

China atherectomy devices market to grow at 9% CAGR through 2033, forecasts GlobalData

Non-injectable medication development remains significant unmet need in female infertility, says GlobalData

Finland card payments market to grow by 6.2% in 2024, forecasts GlobalData

Dental aligners market to surge by 14% CAGR through 2033, forecasts GlobalData

Top 20 APAC banks see 4.3% revenue growth in 2023 amid economic recovery, finds GlobalData

Masimo’s FDA clearance for Stork to redefine OTC baby monitoring market, says GlobalData

Masters generates total annual sponsorship revenue of $50.75 million for 2024 edition, reveals GlobalData

UK shoppers set to spend £700m on Father’s Day this year, less than half the amount spent on Mother’s Day, says GlobalData

US startups raise $34.2 billion VC funding during January-April 2024, finds GlobalData

Pulsed field ablation catheters see price increase despite downward pressure in 2024, says GlobalData

HeartMate 3 recall and inadequate hearts for transplantation make HF therapy landscape much more dire, says GlobalData

Mobile wallets dominate China payment landscape with over 84% user adoption, reveals GlobalData

Japan robotic surgical systems market to reach $175 million in 2033, forecasts GlobalData

Mobile service revenue in South Korea to increase at 3.5% CAGR over 2023-2028, forecasts GlobalData

Pre-emptive pandemic preparedness measures emerge in US against avian influenza A(H5N1), says GlobalData

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