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Financial institutions face rising IT budgets as they balance innovation, legacy and regulation, says Celent, a GlobalData company

Financial institutions are entering 2026 with competing technology priorities, from scaling artificial intelligence (AI) capabilities and strengthening data governance to modernizing legacy systems and managing rising regulatory demands. While banks and capital market firms are continuing to face pressures on their budgets to maintain the levels of spending on innovation, life insurers are increasing budgets […]
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Weak M&A and private equity drag global deal activity down by 7% YoY in early 2026, reveals GlobalData

Global deal activity began 2026 on a subdued note, with the total number of deals (mergers & acquisitions (M&A), private equity (PE) and venture financing) announced globally decreased by around 7% year-on-year (YoY) during January-February 2026. While some areas of the market showed resilience – most notably venture financing and a strong rebound in China, […]
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Ecnoglutide approval intensifies competition in China GLP-1 obesity market, says GlobalData

China’s approval of Sciwind Biosciences’ Ecnoglutide injection as the fifth GLP-1 obesity therapy signals intensifying competition in one of the world’s fastest-growing metabolic drug markets. Strong Phase III efficacy and a landmark commercialization partnership with Pfizer highlight rising strategic interest in obesity treatments, positioning China as a key battleground for innovation, pricing competition, and global […]
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AI reach and influence on collaboration and communication platforms becomes widespread, says GlobalData

The recent Enterprise Connect 2026 event covered trends in team collaboration and communications, along with product and service announcements from a range of vendors. As in recent years, artificial intelligence (AI) dominated the discussion, demonstrating that the technology continues to play a major role across vendor platforms, according to GlobalData, a leading intelligence and productivity […]
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Malaysia credit and charge card payments market to surpass $59 billion in 2026, forecasts GlobalData

Malaysia’s credit and charge card payments are expected to reach MYR255 billion ($59.6 billion) in 2026, reflecting a healthy growth of 4.8% compared to the previous year. This growth is driven by banks offering value-added benefits and instalment options, expanding banked population, and increasing consumer preference towards cashless payments, according to GlobalData, a leading intelligence […]
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Stripe and Tempo’s Machine Payments Protocol ignites influencers debate as the definitive standard for agentic commerce, reveals GlobalData

The Machine Payments Protocol (MPP), co-authored by Stripe and Tempo, is emerging as a leading contender for the internet’s AI-driven payments layer, dominating social media discussions in mid-March 2026 following the Tempo Mainnet launch and major payment integrations. Influencer sentiment highlights strong optimism around MPP’s scalable micropayments and agentic commerce potential, while intensifying competition with […]
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Zoom’s agentic AI push strengthens platform competitiveness against aggressive rivals, says GlobalData

Zoom has introduced a host of agentic AI features spanning Zoom Workplace, Zoom Phone, and Zoom CX. At the heart of these features lies workflow automation embedded into meetings, calls, chat, and contact center interactions, which triggers action across an enterprise’s systems. The latest enhancements support Zoom’s positioning as a facilitator of communication and collaboration […]
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China next generation sequencers market poised for 9% CAGR through 2036 as multi-omics gains momentum, forecasts GlobalData

Advances in genomics research and increasing adoption of high-throughput sequencing technologies are driving the demand for next-generation sequencing platforms across China’s life sciences and biotechnology sectors. Against this backdrop, the next generation sequencers market in China is projected to grow at a 9% compound annual growth rate (CAGR) between 2026 and 2036, according to GlobalDataU, […]
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New Zealand card payments market to surpass $62 billion in 2026, forecasts GlobalData

The New Zealand card payments market is forecast to reach NZD106.7 billion ($62.1 billion) in 2026, supported by strong consumer migration toward electronic payments, widespread adoption of contactless cards, and well-established digital infrastructure, according to GlobalData, a leading intelligence and productivity platform. GlobalData’s Payment Cards Analytics reveals that the total card payment value in New […]
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Vietnam general insurance industry to surpass $5 billion by 2030, forecasts GlobalData

Vietnam’s general insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 9.9%, increasing from VND95.8 trillion ($3.7 billion) in 2026 to VND139.8 trillion ($5.2 billion) by 2030, in terms of gross written premium (GWP), according to GlobalData, a leading intelligence and productivity platform. GlobalData’s Insurance Database estimates that the Vietnamese […]
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Australia digital health market to grow at 10% CAGR through 2035, forecasts GlobalData

Early detection of cancer, a disease that continues to represent a significant global health burden, remains one of the most critical factors in improving survival outcomes. In response, healthcare systems are increasingly focusing on strengthening diagnostic pathways and adopting advanced clinical tools to support more efficient evaluation and management of patients at risk. Against this […]
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Proposed US childhood vaccine cuts threaten domestic manufacturing demand, says GlobalData

Proposed cuts to the US childhood immunization schedule and weakening state-level vaccine mandates threaten to erode domestic vaccine demand, placing pressure on the country’s manufacturing base. As the industry already adjusts to the post-COVID-19 normalization of vaccine demand, declining vaccination rates and policy shifts risk undermining production volumes, sales prospects, and long-term investment incentives for […]
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