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India’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 5.4% from $30.2 billion in 2023 to $39.3 billion in 2029, driven by the continued rise in mobile service penetration, especially in rural/underserved markets and growth in the 5G-led mobile data services segment, forecasts GlobalData, a leading data and […]
Aviva fast tracks Direct Line acquisition, building insurance powerhouse, says GlobalData
Following the news that Aviva’s GBP3.7 billion acquisition of Direct Line Insurance Group is set to finalize on or around 1 July 2025 after a High Court Sanction hearing and the firm expressing it will proceed with the deal ahead of receiving clearance from the Competition and Markets Authority (CMA); Beatriz Benito, Lead Insurance Analyst […]
New CGM-enabled insulin delivery systems address demand for automated diabetes care, says GlobalData
With around 2 million Americans living with type 1 diabetes, and an increasing number of insulin-requiring type 2 cases, the US healthcare system is experiencing growing demand for simplified, automated diabetes care. The integration of Abbott Laboratories’ FreeStyle Libre 3 Plus continuous glucose monitor (CGM) with the Tandem t:slim X2 insulin pump system marks a […]
India fixed communication services revenue to grow at 5.2% CAGR during 2024-2029, forecasts GlobalData
The total fixed communication services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 5.2% from $12.8 billion in 2024 to $16.5 billion in 2029, mainly driven by the healthy growth in the fixed broadband segment, reveals GlobalData, a leading data and analytics company. GlobalData’s India Fixed Communication Forecast […]
India emerges as bright spot in a volatile global venture capital market during January-May 2025, reveals GlobalData
India has emerged as a beacon of resilience in the world of venture capital (VC), posting a 14% year-on-year (YoY) rise in deal volume and a 29% jump in deal value during the first five months of 2025. This growth signals rising investor confidence in Indian startups, even as other major markets like China and […]
Hong Kong credit and charge card payments market to surpass $130 billion in 2025, forecasts GlobalData
The Hong Kong (China SAR) credit and charge card payments market is projected to reach HKD1.0 trillion ($132.4 billion) in 2025e, reflecting a robust growth of 6.0% compared to the previous year. This growth is mainly driven by the rising acceptance of digital payment solutions and a shift in consumer behavior towards cashless transactions, according […]
Zoom’s latest CX features keep it at the forefront of competition, says GlobalData
Zoom Communications’ (Zoom) latest enhancements to its customer experience platform (Zoom CX) signal a leap forward in the contact center space. With agentic AI capabilities—including an upgraded Zoom Virtual Agent—Zoom is adapting to the future of AI-driven customer experience, and positioning itself as a formidable force in the field, says GlobalData, a leading data and […]
Diagnosed prevalent cases of multiple sclerosis to increase by 0.19% AGR in 7MM during 2024-34, forecasts GlobalData
The diagnosed prevalent cases of multiple sclerosis (MS) in the seven major markets (7MM*) are projected to increase from 1.61 million in 2024 to 1.64 million in 2034 at an annual growth rate (AGR) of negative 0.19%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Multiple Sclerosis Epidemiology Analysis and Forecast to […]
Fixed communication services revenue in Hong Kong to grow at 2.5% CAGR during 2024-2029, forecasts GlobalData
The fixed communication services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 2.5% from $2.7 billion in 2023 to $3.1 billion in 2029, supported by the fixed broadband service segment, reveals GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Fixed Communication Forecast (Q1 2025) reveals […]
Mobile service revenue in Hong Kong to increase at 1.2% CAGR over 2024-2029, forecasts GlobalData
Hong Kong’s mobile services market will see moderate growth in its revenue at a compound annual growth rate (CAGR) of 1.2% from $2.7 billion in 2024 to $2.9 billion in 2029, mainly supported by growth in mobile data service segment, while mobile voice service revenue continues to decline, forecasts GlobalData, a leading data and analytics […]
Tesla’s robotaxi fuels ride-hailing market hopes and social media buzz but safety questions loom, reveals GlobalData
Tesla’s much-anticipated robotaxi debut recently in Austin has sparked intense social media activity, blending enthusiasm with critical scrutiny. While early adopters praised the innovation and smooth user experience, concerns about safety and performance persist. Influencers are now driving conversations around Tesla’s potential to disrupt the ride-hailing market, comparing its cautious rollout to more mature autonomous […]
Japan cardiac marker tests market to reach $19 million by 2036, forecasts GlobalData
The increasing global burden of cardiovascular diseases (CVD), driven by lifestyle-related risk factors and limited access to early diagnostics, has accelerated the demand for advanced, data-driven medical solutions. Against this backdrop, Japan’s cardiac marker tests market value is forecast to reach $19 million by 2036, according to GlobalData, a leading data and analytics company. GlobalData’s […]
Australia nuclear imaging agents market to reach $30 million by 2036, forecasts GlobalData
With the rising incidence of prostate cancer in Australia, there is a growing need for accurate and timely diagnostic methods. As a result, the use of PET imaging and SPECT imaging agents is likely to rise over the next few years. The surge in precision diagnostics, bolstered by heightened awareness among healthcare professionals and proactive […]
UK health & beauty specialists lose out to discounters in value for money rankings, finds GlobalData
UK health & beauty specialists are struggling to compete with low-priced discounters, as consumers are not recognizing the additional value for money that comes from their better ranges, product quality, and service. With personal finances still recovering from the impact of inflationary pressure, consumers still prefer to shop at discounters for essentials, according to GlobalData, […]
Baxter’s Novum recall to impact infusion pump market sales, says GlobalData
Baxter’s recall of its Novum pump following a report of one serious injury related to under-infusion risks when the standby feature is used, and it has been determined that this risk increases when being used at higher flow rates. The recall may negatively affect sales in the infusion pump market, says GlobalData, a leading data […]
Yeztugo holds potential to address key unmet needs for PrEP usage including adherence issues, says GlobalData
The FDA has recently approved Gilead Sciences’ Yeztugo (lenacapavir) for the prevention of HIV infection. This is the first and only FDA approved HIV pre-exposure prophylaxis (PrEP) option offering six months of protection. The approval was based on the Phase III PURPOSE 1 and PURPOSE 2 trials that showed that more than 99% of participants […]
UK VC funding deal volume and value down by 13% and 14% YoY during January-May 2025, finds GlobalData
The venture capital (VC) funding landscape in the UK has experienced a year-on-year (YoY) decline in both deal volume and value during the first five months of 2025. VC deal volume declined around 13%, mirroring a broader contraction in global VC activity, which saw a reduction of around 6% in deal volume. Deal value declined […]
Card payments in Taiwan (Province of China) market to grow by 6.8% in 2025, forecasts GlobalData
The Taiwan card payments market is expected to grow by 6.8% to reach TWD5.4 trillion ($167.4 billion) in 2025, supported by constant consumer shift towards non-cash payments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that Taiwan saw a growth of 19.1% in card payments value in 2023 driven by […]
China VC funding value down 48% YoY during January-May 2025, reveals GlobalData
China’s venture capital (VC) funding landscape has encountered notable challenges in terms of both deal volume and deal value during the first five months of 2025. While the VC deal volume experienced a year-on-year (YoY) decrease of around 11% during January-May 2025, the downturn is even more pronounced in terms of deal value at nearly […]
GeneCentric’s funding highlights growing investor interest in RNA-driven diagnostics in precision oncology, says GlobalData
GeneCentric Therapeutics has recently secured $8 million in new funding to advance its RNA-based liquid biopsy platform. The financing will support the development and commercialization of GeneCentric’s platform, which enables non-invasive tumor profiling to guide treatment decisions and monitor disease progression. The funding reflects the growing investor enthusiasm for RNA-driven diagnostics in precision oncology, according […]