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Deal activity in the Asia-Pacific (APAC) region contracted during the early months of 2026 amid heightened economic challenges and shifting investor priorities. The total number of deals (comprising mergers & acquisitions (M&A), private equity and venture financing deals) announced in the region decreased by around 6% during January-February 2026 compared to the same period in […]
China property insurance industry to surpass $53 billion by 2030, forecasts GlobalData
The Chinese property insurance industry is projected to grow at a compound annual growth rate (CAGR) of 7.7%, increasing from CNY282.5 billion ($39.6 billion) in 2026 to CNY380.5 billion ($53.7 billion) by 2030, in terms of gross written premium (GWP), according to GlobalData, a leading intelligence and productivity platform. GlobalData’s Insurance Database forecasts that the […]
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 […]
The Works online exit allows store focus and ensures long-term profitability, says GlobalData
Following the announcement that UK-based discount retailer The Works has shut down its failing online transactional website; Zoe Mills, Head of UK Retail at GlobalData, a leading intelligence and productivity platform, offers her view: “Shutting down its transactional website is an almost inevitable reaction from The Works to pivot focus to its more successful instore […]
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, […]
Demand uncertainty and investment constraints hinder low-carbon hydrogen capacity additions, says GlobalData
The global hydrogen economy is evolving and is entering a new inflection point in 2026 amid shifting market realities, changing policy landscapes, and critical execution challenges. As of February 2026, active low-carbon hydrogen capacity stood at around 2.2 million tonnes per annum (mtpa), with over 460 projects in operation, compared to 104 in 2020. Despite […]
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 […]
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 […]
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 […]
Saudi Arabia to fall short of 130GW renewables target by 2030, says GlobalData
Saudi Arabia aims to achieve a sustainable energy mix, with solar and nuclear power potentially accounting for more than half of its power supply by 2040. Saudi Arabia Vision 2030 has undergone several revisions, most recently in 2023, raising the target to achieve 130GW of renewable power capacity by 2030. However, with only 13GW renewable […]
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 […]
Political risk insurance to surge amid rising geopolitical tensions, says GlobalData
The US–Israel war with Iran is destabilizing much of the surrounding Middle East, with businesses such as hotels, data centers, and pipelines facing heightened risk of damage. Rising geopolitical tensions are set to drive a rapid increase in demand for political risk insurance, according to GlobalData, a leading intelligence and productivity platform. Geopolitical tensions have […]
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 […]
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, […]
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 […]
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 […]
BAIC-Hesai partnership signals high-volume LiDAR adoption in China, says GlobalData
BAIC Group recently signed a contract with Hesai Technology to integrate its upgraded ATX system into its upcoming 2026 models. The partnership not only signals confidence in Hesai’s technical maturity but also underscores how regulatory approval of Level 3 autonomy in China is accelerating LiDAR’s role as a competitive differentiator. While the LiDAR field once […]
Growth and late-stage VC funding rounds expand faster than early-stage rounds in 2025, reveals GlobalData
The total number of venture capital (VC) deals with disclosed funding rounds registered modest growth in 2025 compared to the previous year, supported by an increase in volume of both early-stage (Seed and Series A) and growth and late-stage (Series B and beyond) rounds. However, the expansion was more pronounced in growth and late-stage rounds, […]
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 […]
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 […]