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Thailand’s payment card transaction value (including POS payments and ATM cash withdrawals) is expected to reach THB5.8 trillion ($164.6 billion) in 2029, supported by growing preference for digital payments, reveals GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals that card payments value (including payments at POS and initiated remotely) in Thailand […]
Australia to significantly strengthen navy with Mogami-class frigate deal, says GlobalData
Australia has recently entered into an agreement with Japan for the supply of 11 Mogami-class frigates. The selection of the Mogami-class frigate design, which is already in active service with the Japan Maritime Self-Defense Force, reflects Australia’s intent to rapidly integrate tested naval platforms into its fleet as the country responds to evolving security challenges […]
APAC powers ahead as Forbes Global 2000 rankings highlight shifting corporate landscape, reveals GlobalData
The 2025 Forbes Global 2000 rankings underscore a shifting balance of global corporate power, with Asia-Pacific (APAC) leading in scale, North America driving profitability, and Europe maintaining steady resilience. Sectoral dominance by financial services, technology, and oil and gas highlights how innovation, digital transformation, and energy transition continue to redefine growth trajectories, competitive dynamics, and […]
Vibe coding job postings gain momentum among tech companies, reveals GlobalData
Vibe coding represents a significant advancement in the application of artificial intelligence (AI), transforming AI-assisted software development into a more conversational and efficient process. In contrast to conventional coding methods, vibe coding focuses on engaging in dialogue with AI to swiftly prototype and create applications. As this innovative approach gains traction, organizations across sectors are […]
Four drugs in race for first bispecific ADC approval, reveals GlobalData
Bispecific (bs) antibody drug conjugates (ADCs) are an emerging therapeutic approach that presents advantages over traditional ADCs. With 84% of bsADCs in the preclinical or discovery stages, the pipeline is still nascent. However, with four candidates in Phase III, the race for the first approval in this novel landscape is underway, according to GlobalData, a […]
Top 20 global biopharmaceutical companies report 5.7% fall in market capitalization in Q2 2025, reveals GlobalData
The biopharmaceutical industry faces headwinds from Trump administration’s ongoing tariffs and drug pricing pressures in the US. As a result, the top 20 global biopharmaceutical companies have reported a 5.7% quarter-on-quarter (QoQ) downturn in their combined market capitalization from $3.9 trillion on 31 March 2025 to $3.7 trillion on 30 June 2025, reveals GlobalData, a […]
Denmark card payments market to surpass $115 billion in 2025, forecasts GlobalData
Denmark’s card payments market is poised to grow by 3.2% and hit DKK798.5 billion ($115.8 billion) in 2025, reflecting sustained consumer preference for electronic transactions. Driven by a fully banked population, near-universal contactless adoption, and strong retail acceptance, the market’s steady growth underscores Denmark’s rapid march toward a cashless economy, despite potential headwinds from global […]
Hilton’s advertising campaigns showcase luxury, ambition, and unique experiences, reveals GlobalData
Hilton Worldwide Holdings Inc’s (Hilton) advertising initiatives from February to July 2025 emphasize a focus on travelers seeking luxury, personalized service, and unique experiences. By showcasing properties like the iconic Waldorf Astoria and the vibrant Hilton Cancun Mar Caribe, these ads resonate with diverse audiences, including business travelers and luxury seekers. The campaigns reflect a […]
APAC’s top 50 listed firms see modest revenue growth of 1.2% in 2024, reveals GlobalData
China dominates the list with 26 companies BYD, TSMC, and Foxconn gain over 25% in revenue Financial services sector tops the list with 13 companies The Asia-Pacific (APAC) region’s top 50 listed companies reported a modest 1.2% year-on-year (YoY) revenue growth in 2024, reaching a staggering $6.8 trillion. This slight uptick was primarily fueled by […]
Semaglutide patent cliff to present substantial opportunity for companies in the Chinese generics market, says GlobalData
Semaglutide, marketed as Ozempic for diabetes and Wegovy for obesity, ranked among the top-selling drugs globally in 2024. While patents protect the drug until 2031-2032 in seven major markets, China’s patent expires much earlier, in March 2026. Chinese pharmaceutical companies are aggressively preparing their manufacturing capabilities and regulatory approvals to capitalize on this multi-billion-dollar market […]
Agentic AI will take business and industrial automation to new heights, says GlobalData
Agentic AI holds much promise for improving the efficiency of enterprise workflows, reducing costs, and improving customer experience. Able to communicate and collaborate, AI agents are being developed for a wide range of consumer, enterprise, scientific, and industrial purposes. Highly complex environments, such as industrial plants or hospitals, might be served by an orchestration of […]
Malaysia life insurance market to grow at 6.8% CAGR during 2025-29, forecasts GlobalData
The life insurance market in Malaysia is projected to grow from MYR69.1 billion ($15.6 billion) in 2025 to MYR90.0 billion ($20.4 billion) in 2029, registering a compound annual growth rate (CAGR) of 6.8% in terms of direct written premiums (DWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Global Insurance Database, […]
Cyber insurance emerges as next big product for UK commercial brokers, finds GlobalData
UK brokers believe that cyber insurance is the new or emerging commercial insurance product with the most growth potential. Significantly low cyber insurance penetration rates among smaller firms make SMEs a largely untapped market for growth, according to a survey conducted by GlobalData, a leading data and analytics company. GlobalData’s 2025 UK Commercial Insurance Broker […]
FDA acceptance of VCTE as trial endpoint can accelerate MASH drug development, says GlobalData
Following the news that the US FDA has accepted Echosens’ letter of intent to qualify liver stiffness measurement (LSM) by vibration-controlled transient elastography (VCTE) as a reasonably likely surrogate endpoint for metabolic dysfunction-associated steatohepatitis (MASH) trials with moderate-to-advanced fibrosis; Jay Patel, Senior Pharma Analyst at GlobalData, a leading data and analytics company, comments: “The announcement […]
South Korea polymerase chain reaction systems market to grow at 4% CAGR through 2034, forecasts GlobalData
With the rise of emerging infectious diseases in South Korea, the importance of advanced diagnostics is becoming increasingly evident. Consequently, South Korea’s polymerase chain reaction (PCR) systems market is expected to experience a 4% compound annual growth rate (CAGR) through 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Polymerase Chain Reaction (PCR) Systems Market Size […]
India VC funding activity shows resilience with notable growth during January-July 2025, finds GlobalData
India’s venture capital (VC) funding landscape has demonstrated resilience in 2025, showcasing an uptick in both deal volume and deal value. The total number of VC deals announced in the country increased by around 14% during January-July 2025 compared to the same period in the previous year, while the corresponding deal value registered a year-on-year […]
China VC funding value down by 38% YoY during January-July 2025, finds GlobalData
The venture capital (VC) funding landscape in China has shown signs of contraction in 2025, reflecting broader global trend and challenges specific to the domestic market. According to recent data, the total VC deal volume in China has decreased marginally by around 1% during January-July 2025 compared to the same period in the previous year, […]
Onshore hiring gains momentum amid decline in offshore roles in Q2 2025, reveals GlobalData
Active jobs experienced a 1.1% decline YoY in Q2 2025 Retail and healthcare sectors trend with highest postings Job postings fell in the US as well as in other major labor markets, including India and the UK Shift toward onshore hiring led to drop in offshore roles with APAC seeing a prominent decline The number […]
US general insurance broker market to reach $1.5 trillion by 2029, forecasts GlobalData
The US general insurance broker market is projected to grow at a compound annual growth rate (CAGR) of 5.9% from an estimated $1.2 trillion in 2024 to $1.5 trillion in 2029, in terms of direct written premiums (DWP), according to GlobalData, a leading data and analytics company. GlobalData’s 2025 Global Insurance Broker Market Report reveals […]
US VC funding value surges 75% YoY during January-July 2025, finds GlobalData
The US venture capital (VC) funding landscape has demonstrated significant growth in deal value during the first seven months of 2025 compared to the same period in 2024, even as deal volume has experienced a decline. The total number of VC deals announced in the US fell by around 4% during January-July 2025 compared to […]