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Innovator oligonucleotide-based drugs targeting central nervous system (CNS) disorders have seen a remarkable 339% increase in licensing agreement deal value, rising from $640 million in 2023 to $2.81 billion in 2024, according to GlobalData, a leading data and analytics company. Oligonucleotides, which are short synthetic DNA or RNA strands, are utilized in precision medicine to […]
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 […]
UAE general insurance market to surpass $20 billion by 2029, forecasts GlobalData
The general insurance market in the United Arab Emirates (UAE) is projected to grow at a compound annual growth rate (CAGR) of 10%, increasing from AED 46.2 billion ($12.6 billion) in 2024 to AED 74.4 billion ($20.2 billion) by 2029, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics […]
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 […]
US VC funding breaches $100 billion mark in first five months of 2025, finds GlobalData
The venture capital (VC) funding landscape in the US has demonstrated remarkable performance in early 2025. While the total number of VC deals has experienced a slight decline of around 5% year-on-year (YoY) during January-May 2025, deals value has surged significantly by more than 90% to $101 billion, underscoring a robust appetite for investment in […]
Indonesia fixed communication services market to reach $3.7 billion in 2029, forecasts GlobalData
Fixed communication service revenue in Indonesia is set to grow at a compound annual growth rate (CAGR) of 4% from $3 billion in 2024 to $3.7 billion in 2029, driven by the growth in the fixed broadband service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Indonesia Fixed Communications Forecast model (Q1 2025) […]
Thailand fixed communication services market to reach $2.5 billion in 2029, forecasts GlobalData
Fixed communication services revenue in Thailand is expected to grow, albeit at a marginal compound annual growth rate (CAGR) of of 2.6% from $2.2 billion in 2024 to $2.5 billion in 2029 mainly supported by the fixed broadband service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s research reveals that fixed voice service […]
Diagnosed prevalent cases of pulmonary arterial hypertension to decline by 0.08% AGR in 7MM during 2024-34, forecasts GlobalData
The diagnosed prevalent cases of pulmonary arterial hypertension (PAH) in the seven major markets (*7MM) are projected to decrease from 76,645 in 2024 to 76,035 in 2034 at an annual growth rate (AGR) of negative 0.08%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Pulmonary Arterial Hypertension (PAH) – Epidemiology Analysis and […]
Penumbra to gain market share in peripheral embolization coils with Ruby XL system, says GlobalData
Penumbra has announced FDA approval for its Ruby XL system, which includes three coils; Ruby XL, POD XL, and Packing Coil XL. The Ruby XL coil can be used to frame large aneurysms. The POD XL is designed for use in high flow vessels. The Packing Coil XL is designed to adjust to the shape […]
Biopharma innovation meets market headwinds tempering optimism, says GlobalData
The biopharmaceutical industry is grappling with a complex mid-year outlook in 2025, as accelerating innovation collides with mounting policy and market uncertainty. From US drug pricing reforms to global tariff tensions, sentiment has taken a hit—reflected in a 16% drop in industry optimism. Amid tightened funding, strategic partnerships are emerging as a critical lever for […]
India card payments market to surpass $350 billion in 2025, forecasts GlobalData
The card payment market in India is poised to register 9.4% growth in 2025e, reaching INR30.1 trillion ($359.7 billion), driven by rising consumer spending and growing consumer preference for electronic payments, reveals GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals that card payments in India registered a healthy compound annual growth […]
Türkiye KAAN fighter jet deal to accelerate Indonesia’s defense industrial growth, says GlobalData
Indonesia’s decision to acquire 48 KAAN fifth-generation fighter jets from Türkiye marks a major leap in its defense modernization and airpower ambitions. Signed during the Indo Defence Expo and Forum held in Jakarta in June 2025, the agreement includes technology transfer and domestic production collaboration, potentially transforming Indonesia’s aerospace ecosystem, says GlobalData, a leading data […]
Reasoning models are not always the best option for all tasks, says GlobalData
The buzz on the Generative AI (GenAI) scene is around reasoning. But reasoning models are not without limitations. They require more processing power and more tokens than standard models, making them more expensive. Additionally, the need for additional computation can also increase latency. And, as with all large language models (LLMs), they suffer from traditional […]
APAC automotive HVAC systems market to record 1.0% CAGR over 2024-29, forecasts GlobalData
As the automotive industry continues to evolve, the importance of advanced heating, ventilation, and air conditioning (HVAC) systems has become increasingly evident, particularly in the Asia-Pacific (APAC) region. With its diverse climates and rapidly growing vehicle market, the APAC region is witnessing a significant transformation in automotive HVAC systems with a heightened focus on user […]
GlobalData reveals AI investment strategies discussed in companies’ filings
As artificial intelligence (AI) discussions continue to generate buzz across industries, companies are increasingly exploring investments to harness its transformative potential. One of the prominent areas of discussion involves investment opportunities presented by the technology for customer growth and to enhance companies’ portfolios, reveals the Company Filings Analytics Database of GlobalData, a leading data and analytics company. […]
Mobile service revenue in Indonesia to increase at 3.7% CAGR over 2024-2029, forecasts GlobalData
The total mobile service revenue in Indonesia is poised to increase at a compound annual growth rate (CAGR) of 3.7% from $11 billion in 2024 to $13.2 billion in 2029, mainly supported by the growth in mobile data service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s research reveals that while mobile voice […]
India dialysis machines market to grow at 2% CAGR through 2036, forecasts GlobalData
With chronic kidney disease (CKD) cases steadily rising across India, particularly in semi-urban and rural areas, the need for affordable and advanced dialysis treatment is more urgent than ever. Against this backdrop, the dialysis machines market in India is projected to grow at a 2% compound annual growth rate (CAGR) during 2025-36, according to GlobalData, […]
APAC deal landscape shows relative resilience amidst global downturn in early 2025, reveals GlobalData
The Asia-Pacific (APAC) deal landscape has demonstrated a relatively resilient trend among all the regions in 2025. While the overall deal activity has experienced a slight year-on-year (YoY) decline during January-May 2025, it was relatively lesser compared to all other regions. During January-May 2025, the total number of deals announced in the APAC region has […]
Hong Kong (China SAR) life insurance market to reach $73.7 billion by 2029, forecasts GlobalData
The life insurance market in Hong Kong (China SAR) is projected to grow from HKD489.3 billion ($62.6 billion) in 2024 to HKD575.6 billion ($73.7 billion) in 2029, registering a compound annual growth rate (CAGR) of 3.3% in terms of direct written premiums (DWP), according to GlobalData, a leading data and analytics company. GlobalData’s Hong Kong […]