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Italy has been promoting the development of renewable energy through its principal energy strategies and policies, including the National Energy Strategy and the Integrated National Plan for Energy and Climate, while also emphasizing energy security. As a result, renewables are projected to overtake thermal power as the primary source of Italy’s electricity generation in 2030 […]
India VC funding sees double-digit growth in deal volume and value in H1 2025, reveals GlobalData
India’s venture capital (VC) funding landscape has showcased resilience and growth in the face of global fluctuations during the first half (H1) of 2025. The country’s VC funding deal volume recorded a year-on-year (YoY) growth of around 15% while the total value of VC deals increased by around 13%, emerging as a bright spot in […]
Vietnam renewable power capacity to surpass 112GW by 2035, forecasts GlobalData
Vietnam generates a significant part of its electricity from coal- and gas-based thermal power plants, as well as a vast number of hydropower plants. To alleviate the climate change effects of thermal power generation, the government is turning towards renewable power generation sources. The Vietnamese power sector presents significant opportunities for renewable energy, with wind, […]
Green insurance gains momentum as consumer demand and climate risks intensify, reveals GlobalData
Over two-fifths of insurance industry professionals consider it vital for insurers to offer “green” or environmentally friendly insurance products, as consumer demand for ethical and sustainable offerings continues to rise. With growing awareness of climate change and environmental, social, and governance (ESG) concerns, insurers that align with these values stand to enhance customer loyalty, manage […]
Malaysia renewable power capacity to reach 30GW by 2035, forecasts GlobalData
Renewable energy sources have become increasingly pivotal in driving the transformation of Malaysia’s power sector. The nation is striving to diminish its reliance on fossil fuels and transition to a more sustainable energy mix. The Malaysian government has established ambitious objectives, aiming to augment the proportion of renewable energy to 40% of the total installed […]
Nanoscope Therapeutics’ MCO-010 holds potential to become new treatment option for retinitis, says GlobalData
Nanoscope Therapeutics has recently submitted a rolling biologics license application (BLA) to the FDA for MCO-010 (sonpiretigene isteparvovec), a novel gene therapy candidate targeting retinitis pigmentosa (RP). Currently, the RP treatment landscape includes only one FDA-approved therapy, Luxturna (voretigene neparvovec), which is indicated for a small subset of patients with biallelic RPE65 mutations. In contrast, […]
UK VC funding deal value down by 12% YoY in H1 2025, finds GlobalData
The venture capital (VC) funding landscape in the UK has encountered a significant downturn in the first half (H1) of 2025 with a decline in both VC deal volume and value compared to the same period in H1 2024. The UK saw a decrease of around 14% in VC deal volume in H1 2025 compared […]
One fifth of UK consumers are likely to reduce or stop shopping online due to cyberattack concerns, says GlobalData
Concerns around cybersecurity are prompting a shift in online shopping behavior, particularly among younger consumers in the UK. With one third of 16-34s considering cutting back or stopping online purchases, retailers face rising pressure to reinforce digital trust. This is especially the case for online pureplays, which cannot redirect sceptical consumers to stores, according to […]
China’s electricity power consumption to grow at 6.3% CAGR during 2024-30, forecasts GlobalData
China’s electricity consumption continues to outpace its gross domestic product (GDP) growth, driven by a shift toward energy-intensive industries and the rapid electrification of transportation and digital infrastructure. The robust increase in electricity demand is progressively supported by clean energy. The country’s power consumption is forecast to reach 13,757TWh in 2030, registering a compound annual […]
South Korea nuclear power generation to increase to 222.7TWh by 2035, forecasts GlobalData
South Korea relies solely on domestic production for its electricity needs, as it lacks interconnections with neighboring countries and does not engage in the import or export of electricity. The nation’s capacity to manage domestic electricity demand effectively is attributed to its substantial nuclear power generation infrastructure. In 2022, the nation reversed a policy to […]
Fixed communication service revenue in Philippines to grow at 2.5% CAGR over 2024-2029, forecasts GlobalData
The total fixed communication services revenue in the Philippines is expected to increase at a compound annual growth rate (CAGR) of 2.5% from $3.6 billion in 2024 to $4.1 billion in 2029, mainly driven by the fixed broadband service segment, reveals GlobalData, a leading data and analytics company. GlobalData’s Philippines Fixed Communication Forecast (Q1 2025) […]
US-EU trade deal puts pharmaceutical industry at substantial fiscal risk, says GlobalData
For the first time in decades, the pharmaceutical industry has been directly affected by a geopolitical trade negotiation between the US and the EU. On July 27th, 2025, the US government announced a 15% tariff on branded pharmaceutical products imported from the EU. The trade deal puts the pharmaceutical industry at a substantial fiscal risk, […]
Unmet needs present persistent challenges for effective endometriosis treatment, says GlobalData
The endometriosis therapeutics market continues to face significant unmet needs, primarily due to low diagnosis rates, limited disease awareness, and a lack of well-tolerated, long-term treatment options. While surgical interventions can offer symptomatic relief, they are costly and do not guarantee long-term remission or prevention of recurrence. Moreover, patients often undergo multiple surgeries throughout their […]
US and UK lead crypto holding growth globally with over 8pp YoY increase in 2025, says GlobalData
The US and UK are recording the fastest growths in crypto penetration in 2025, because of the sector’s increased mainstream promotion and supportive institutional and regulatory sentiment in the West. Although still lagging many emerging economies, the US’s crypto product holding rate increased to 23.5% in 2025, while UK holding nearly doubled to 18% from […]
APAC automotive seating market to record 1.2% CAGR over 2025-30, forecasts GlobalData
The automotive seating market in the Asia-Pacific (APAC) region is witnessing a transformative phase, driven by a confluence of consumer preferences for comfort, safety, and advanced technology. As the automotive industry continues to evolve, the significance of high-quality seating solutions is becoming increasingly apparent. Against this backdrop, the APAC automotive seating market is forecast to […]
APAC automotive doors market to record 1.0% CAGR over 2025-30, forecasts GlobalData
The automotive door systems market is witnessing a transformative phase, particularly in the Asia-Pacific (APAC) region. As vehicle production surges in emerging economies and consumer preferences shift toward advanced features, the demand for innovative door systems is set to reshape the automotive landscape. Against this backdrop, the APAC automotive doors market is forecast to record a […]
US tariffs prompt GlobalData to revise India economic growth forecast down to 6.5% in July 2025
Following the news that the US will impose 25% tariffs on all Indian imports starting from 1 August 2025; Ramnivas Mundada, Director of Economic Research and Companies at GlobalData, a leading data and analytics company, offers his view: “These significant tariffs, coupled with penalties linked to India’s dealings with Russian energy and military supplies, pose […]
Japan telecom market poised for growth through 2029 amid 5G surge and fiber expansion, reveals GlobalData
Japan’s telecom and pay-TV services revenue is set to grow at a compound annual growth rate (CAGR) of 2.2% during 2024-2029, driven by the rising demand for high-speed mobile data and robust fiber broadband adoption. While voice and legacy TV segments continue to decline, accelerating 5G penetration and advancements in fiber technology position Japan as […]
China VC funding plunges by nearly 45% to $10.8 billion in H1 2025, reveals GlobalData
In the first half (H1) of 2025, the venture capital (VC) funding landscape in China has experienced a notable downturn. The total number of VC deals announced in China declined by around 6% in H1 2025 compared to H1 2024. The situation is even more pronounced in terms of deal value, with China experienced a […]
New Zealand mobile market growth anchored in data, not voice, reveals GlobalData
New Zealand’s mobile services revenue is poised to grow at a modest compound annual growth rate (CAGR) of 1.5% from $1.5 billion in 2024 to $1.6 billion in 2029, mainly supported by the growth in mobile data service segment. Rising 5G adoption, expanding M2M/IoT deployments, and surging data consumption underscore a shift toward digital connectivity, […]