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The human immunodeficiency virus (HIV) market across the seven major markets (7MM*) is forecast to grow at a compound annual growth rate (CAGR) of 1.9% from $26.5 billion in 2023 to $32.1 billion in 2033, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Human Immunodeficiency Virus (HIV): Seven-Market Drug Forecast,” reveals that market […]
Indonesia credit and charge card payments market to grow by 3.2% in 2025, forecasts GlobalData
Indonesia’s credit and charge card payments market is expected to register a growth of 3.2% to reach IDR441.8 trillion ($27.9 billion) in 2025. This growth will be driven by the rising consumer spending and increasing consumer preference for cashless transactions. Enhanced by value-added incentives such as cashback offers, flexible repayment options, and installment facilities, the […]
Economic uncertainty and rising tariffs drag down US consumer confidence, says GlobalData
In the 2025 World Happiness Report, the US fell to its lowest-ever ranking, 24th globally, continuing a downward trajectory from 15th in 2023 and 23rd in 2024. While happiness is shaped by a variety of factors, economic uncertainty and rising living costs have emerged as critical contributors to this decline. A key driver behind these […]
Sapporo’s ad campaigns blend nostalgia, shared moments, and premium experiences to engage consumers, reveals GlobalData
Sapporo’s YouTube advertising campaigns during Q1 2025 (January to March) reveal a strategic, nuanced approach to engage diverse consumers through culturally resonant themes and meticulously crafted messaging. By incorporating Showa-era nostalgia, Hokkaido’s regional identity, and genuine interpersonal connections, these campaigns reflected an understanding of varied consumption occasions and aimed to integrate into daily life, strengthening […]
US anesthesia and respiratory devices market faces disruption as tariffs drive supply chain shift, says GlobalData
The US anesthesia and respiratory (A&R) devices market faces major disruption as new US tariffs hit foreign-made products, with majority of all 510(k) approved devices manufactured outside the country. This raises serious supply chain concerns and may shift market dynamics in favor of domestic manufacturers, even as the market grows from $4.4 billion in 2023 […]
India and Japan drive revenue growth among top 20 APAC banks as Chinese giants slow down, reveals GlobalData
The top 20 Asia-Pacific (APAC) banks saw a modest 6.5% increase in combined revenue from $1.6 trillion in 2023 to $1.75 trillion in 2024, driven by exceptional growth from Indian and Japanese banks. On the other hand, several Chinese banks faced stagnation or declines amid tighter regulations and slowing credit demand. This shift highlights evolving […]
Suntory’s advertising campaigns emphasize refreshment, tradition, and social connections to engage diverse audiences, reveals GlobalData
Suntory Holdings Ltd’s (Suntory) YouTube advertising campaigns of Q1 2025 (January – March 2025) focused on delivering refreshing beverages, celebrating Japanese heritage, and fostering meaningful connections through shared experiences. Suntory’s campaigns showcase a wide range of offerings, from Craft Boss World Tea to Suntory Whisky Hibiki Harmony, emphasizing the company’s dedication to quality and authenticity. […]
GlobalData revises down global MAT insurance industry growth forecast due to increased US tariffs
The global marine, aviation, and transit (MAT) insurance industry, which was forecasted to grow at a compound annual growth rate (CAGR) of 6.9% before the imposition of the reciprocal tariff from the US, is now expected to grow at a CAGR of 6.4% during 2025-29, in terms of written premiums, according to GlobalData, a leading […]
Italy card payments to hit $443.7 billion in 2025 despite economic headwinds, forecasts GlobalData
The Italy card payments market is expected to grow by 6.6% to reach EUR410.2 billion ($443.7 billion) in 2025 despite global economic uncertainty. This reflects rising consumer preference for electronic payments, supported by government policies, increased contactless adoption, and a shift towards digital banking, according to GlobalData, a leading data and analytics company. GlobalData’s Payment […]
Top 25 global banks post 9.4% revenue growth YoY in 2024 but profits under pressure, reveals GlobalData
The world’s top 25 global banks reported 9.4% year-on-year (YoY) revenue growth in 2024 despite global economic pressures, with Sberbank Rossii, BBVA, and UBS Group standing out as key performers. However, profit margins were mixed, as many banks faced higher costs, regulatory tightening, and geopolitical uncertainty, highlighting the growing gap between revenue performance and overall […]
Diagnosed incident cases of B-cell non-Hodgkin’s lymphoma to reach nearly 230,000 in 2033 across 7MM, says GlobalData
The diagnosed incident cases of B-cell non-Hodgkin’s lymphoma (B-cell NHL) in the seven major markets (7MM*) are projected to increase from 200,844 in 2023 to 229,804 in 2033, with an annual growth rate (AGR) of 1.44%, while five-year diagnosed prevalent cases will increase from almost 634,000 to over 714,000 at an AGR of 1.26%, forecasts […]
Australia card acquiring market to hit $700 billion in 2025 as growth set to slow amid global uncertainty, says GlobalData
The Australian card acquiring market is projected to grow by 5.5% to reach AUD1.1 trillion ($713.4 billion) in 2025. Despite this growth, global economic uncertainty linked to recent US tariffs may weigh on momentum, slowing the pace of expansion compared to previous years of stronger performance driven by cashless trends and consumer spending, according to […]
Tariffs intensify regulatory pressures for global medical device manufacturers, says GlobalData
As global trade tensions continue to shape the economic landscape, the medical device industry is facing regulatory hurdles tied to shifting tariffs. While tariffs primarily aim to protect domestic industries, their secondary effect is complicating compliance processes and adding pressure to already stringent regulatory pathways, says GlobalData, a leading data and analytics company. When crucial […]
South Africa card payments to exceed $158 billion in 2025 amid digital surge and inclusion push, forecasts GlobalData
The South African card payments market is on a solid growth trajectory, projected to reach ZAR2.9 trillion ($158.8 billion) in 2025. This momentum is driven by a growing shift toward digital payments, bolstered by enhanced financial inclusion, expanding payment infrastructure, and rising consumer preference for speed, safety, and convenience in everyday transactions, says GlobalData, a […]
GLP-1R agonists poised to redefine chronic disease treatment beyond diabetes and obesity, says GlobalData
GLP-1 receptor agonists, once focused on treating diabetes and obesity, are now emerging as potential treatments for a broader range of chronic conditions, including Alzheimer’s disease. As evidence builds around their wider therapeutic benefits, particularly in targeting insulin resistance, drug developers are accelerating efforts to expand their use and potentially transform how multiple high-burden diseases […]
Three CAR-T therapies to capture over 70% of T-Cell immunotherapy market in 2025, forecasts GlobalData
T-cell immunotherapies (TCI) are redefining cancer care, with chimeric antigen receptor T-cell (CAR-T) therapies witnessing significant momentum. In 2025, just three drugs- Carvykti by Legend Biotech, Yescarta by Gilead Sciences, and Breyanzi by Bristol-Myers Squibb (BMS)– are expected to capture over 70% of the global T-cell immunotherapy market, according to GlobalData, a leading data and […]
GlobalData unveils strategies to decarbonize artificial intelligence
The accelerating adoption of artificial intelligence (AI) is driving up energy consumption and greenhouse gas (GHG) emissions across the AI value chain, raising urgent concerns about its long-term sustainability and the environmental impact on tech giants. In response, new research outlines key strategies to decarbonize AI, focusing on improvements in energy sourcing, data center infrastructure, […]
Influencers sound alarm on US recession driven by tariff-induced economic turmoil, reveals GlobalData
In April 2025, discussions surrounding the recession topic on social media increased by nearly 70% compared to the previous month, driven by growing concerns over economic instability. This marked the highest level of discourse since January 2025, reflecting heightened public anxiety regarding the state of the economy, while influencer sentiment on the topic declined by […]
Cell and gene therapy market set to grow at 31.3% CAGR through 2030, forecasts GlobalData
The global dermatological cell and gene therapy (CGT) market is poised for exceptional growth at a compound annual growth rate (CAGR) of 31.3%, with sales projected to rise from $291 million in 2024 to $1.5 billion in 2030. Significant advancements in treatments for dermatology disorders are anticipated, driven by innovations from both small to mid-size […]
Consumers switch to local products and value alternatives amid rising tariffs and price pressures, says GlobalData
In an increasingly complex global landscape shaped by inflation, rising tariffs, and political volatility, consumer behavior is undergoing a profound transformation. Cost-of-living pressures and trade policy disruptions are not only fueling economic anxiety but also prompting tangible shifts in how and why consumers shop. These forces are accelerating a move toward value-driven decision-making, increased scrutiny […]