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The global top 20 publicly listed insurance companies continued to demonstrate robust momentum in 2024, largely fuelled by a higher interest rate environment and significant investment gains resulting from favorable developments in equity markets. This was further supported by the ongoing digital transformation initiatives, strategic expansion into underpenetrated markets, and effective vertical integration strategies. Consequently, […]
China to dominate global butadiene capacity additions through 2030, says GlobalData
China is poised to significantly expand its butadiene production capacity by 2030, backed by strong demand for butadiene derivatives such as acrylonitrile butadiene styrene (ABS) and synthetic rubbers from the automotive and tire industries. Accounting for over 50% of the expected capacity additions worldwide by 2030, China is positioning itself as the dominant player in […]
GlobalData forecasts China card payments market to grow at 6.8% CAGR between 2025 and 2029
China’s card payments market is on a steady growth trajectory, underpinned by strong digital adoption, robust infrastructure, and rising consumer demand for cashless transactions. Despite macroeconomic headwinds, including the impact of recent US tariffs, the market is projected to grow at a compound annual growth rate (CAGR) of 6.8% between 2025 and 2029 to reach […]
K2 Black Panther deal with Poland to strengthen South Korea’s position in European defense market, says GlobalData
South Korea’s ambitions to become a major global defense exporter have taken a significant leap forward with the recent announcement of a $6.5 billion contract to supply 180 K2 Black Panther main battle tanks to Poland. The deal confirms Seoul as a trusted supplier of modern, North Atlantic Treaty Organization (NATO)‑compatible equipment at a time […]
US Open (Golf) generates estimated $39 million in sponsorship revenue for 2025 edition, reveals GlobalData
Seven brands sponsored the 2025 edition of the US Open (Golf), with American Express, Rolex, and Lexus entering into substantial agreements estimated at an annual value of $6.25 million each. Overall, the annual sponsorship revenue for the 2025 edition of the tournament is estimated to be $39 million, according to GlobalData, a leading data and […]
Iran-Israel war casts long shadow over global markets as strategic uncertainty persists, says GlobalData
The Iran-Israel war casts a long shadow over global markets, with the ceasefire offering only a temporary pause in hostilities rather than a path to resolution. Strategic uncertainty continues to loom large, raising critical questions about the motivations behind Israel’s military actions and the future of Iran-Israel relations. From disrupted oil flows and rising inflation […]
Pulmonary arterial hypertension market to reach $9.3 billion in 7MM by 2034, forecasts GlobalData
The pulmonary arterial hypertension (PAH) market across the seven major markets (7MM*) is poised to grow at a compound annual growth rate (CAGR) of 2.0% from $7.6 billion in 2024 to $9.3 billion in 2034, driven by the adoption of triple combination therapy, novel prostacyclin formulations, and the entry of disease-modifying therapies, according to GlobalData, a […]
Top 25 global banks see 32% increase in MCap in Q2 2025, reveals GlobalData
JPMorgan Chase retains top spot European banks post strong gains The aggregate market capitalization (MCap) of the top 25 global banks increased by 31.9% year-on-year (YoY), reaching $5.3 trillion in the second quarter (Q2) ended 30 June 2025, as continued central banks’ interest rate cuts and strong capital market activity led to a rise in […]
CDC’s vaccine advisory committee overhaul raises concerns for vaccine oversight, says GlobalData
On 9 June 2025, in a significant and controversial shake-up, US Secretary of Health and Human Services Robert F. Kennedy Jr. dismissed all 17 members of the Centers for Disease Control and Prevention (CDC) Advisory Committee for Immunization Practices (ACIP), the body responsible for advising the federal government on vaccine safety. This decision has raised […]
Card payments market in Japan to surpass $890 billion in 2025 as cashless shift gains momentum, forecasts GlobalData
Japan’s card payment market is set to grow 9.6% in 2025f to reach JPY134.9 trillion ($892.5 billion), driven by rising consumer spending and a shift toward digital payments. While cash remains dominant, strong government support, growing card penetration, and evolving consumer preferences are accelerating Japan’s transition to a more cashless economy, reshaping the financial services […]
Hypersonic missiles to help Japan counter escalating security challenges in Indo-Pacific region, says GlobalData
The deployment of the Hyper Velocity Guided Projectile (HVGP) will be a significant shift in Japan’s defense strategy, which has historically committed to a purely defensive posture. Japan is now poised to integrate this hypersonic missile into its force structure to conduct offensive operations when required. The advancements in missile technology by China and North […]
Big Pharma prepare for next patent cliff as blockbuster drugs revenue losses loom, says GlobalData
The pharmaceutical industry is bracing for one of its most financially significant patent cliffs in over a decade, with multiple blockbuster drugs set to lose exclusivity by 2030. As biosimilars and generics flood the market, pricing pressures will intensify—particularly in oncology—challenging pharma companies to rethink revenue strategies, pipeline investments, and lifecycle management to safeguard long-term […]
Endometriosis market to grow to $2.5 billion across 7MM in 2034, forecasts GlobalData
The endometriosis market across the seven major markets (7MM*) is forecast to increase at a compound annual growth rate (CAGR) of 10.3% from $938.0 million in 2024 to $2.5 billion in 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Endometriosis: Seven Market Drug Forecast and Market Analysis,” reveals that the strong […]
Trade agreements offer some relief from tariffs, but do not deliver the clarity businesses need, says GlobalData
Trade agreements have long been seen as a means to alleviate the financial and logistical burdens created by tariffs. While lowering or eliminating certain duties can provide temporary relief and facilitate access to new markets, they fall short of delivering long-term certainty and stability or addressing the deeper structural issues businesses face in a volatile […]
Lineage Cell Therapeutics’ OpRegen holds potential to become new treatment option for GA, says GlobalData
Lineage Cell Therapeutics’ OpRegen (RG6501) is gaining attention as a promising one-time allogenic cell therapy for geographic atrophy (GA), following encouraging results from its Phase I/IIa trial. With limited treatment options currently available, OpRegen’s ability to improve and stabilize vision positions it as a potential breakthrough in addressing a critical unmet need in GA management, […]
As UK-US trade deal takes effect, US consumers express greater concern about potential impact of tariffs compared to UK counterparts, says GlobalData
The “fantastic” UK-US trade deal came into effect at 5.01am, Monday June 30th, eight weeks after it was hailed as a breakthrough deal between Prime Minister Sir Keir Starmer and President Donald Trump. With Prime Minister Starmer claiming that it “delivers for British businesses and protects UK jobs”, it also gives the US administration a […]
Multiple sclerosis market to grow to $25.9 billion across 7MM by 2034, forecasts GlobalData
The multiple sclerosis (MS) disease-modifying therapy (DMT) market across the seven major markets (7MM*) is forecast to grow at a compound annual growth rate (CAGR) of 1.7% from $22.0 billion in 2024 to $25.9 billion in 2034, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Multiple Sclerosis: Seven Market Drug Forecast […]
Challenges mount for big pharma in China as vaccine sales plummet, says GlobalData
Multinational pharmaceutical companies (MNCs) are facing significant challenges in China’s vaccine market, as regulatory scrutiny, domestic competition, and changing consumer behaviors disrupt a once-thriving sector. Major players like Merck & Co. and GSK are re-evaluating their strategies in light of these developments, says GlobalData, a leading data and analytics company. GlobalData’s Q2 2025 Emerging Market […]
Santander eyes complete TSB buyout to deepen UK market presence, says GlobalData
Following the news that Santander UK has agreed to acquire the entirety of TSB Banking Group plc (TSB) from Spanish rival Banco de Sabadell, S.A. (Sabadell) for GBP2.65 billion in the face of the latter’s hostile takeover by BBVA; Jonathan Vaughan Burleigh, Associate Analyst, Banking and Payments at GlobalData, a leading data and analytics company, […]
CKD anemia market to reach $5.3 billion across 7MM by 2034, forecasts GlobalData
The chronic kidney disease (CKD) anemia market across the seven major markets (7MM*) is forecast to grow at a compound annual growth rate (CAGR) of 1.7% from $4.4 billion in 2024 to $5.3 billion in 2034, according to GlobalData, a leading data and analytics company. GlobalData’s latest report “Chronic Kidney Disease Anemia: Opportunity Assessment and […]