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Technology

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 […]

Business Fundamentals

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 […]

Retail

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, […]

Medical Devices

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 […]

Medical Devices

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 […]

Pharma

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 […]

Business Fundamentals

CNS innovator oligonucleotide licensing value surges by 339% to $2.8 billion in 2024, reveals GlobalData

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 […]

Medical Devices

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 […]

Business Fundamentals

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 […]

Insurance

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 […]

Banking

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 […]

Technology

Mobile service revenue in South Korea to increase at 2.5% CAGR over 2024-2029, forecasts GlobalData

South Korea’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 2.5% from $21.6 billion in 2024 to $24.5 billion in 2029, driven by the growth in mobile data services segment and an increase in M2M/IoT subscriptions, forecasts GlobalData, a leading data and analytics company. M2M/IoT subscriptions are set […]

Business Fundamentals

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 […]

Technology

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) […]

Technology

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 […]

Pharma

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 […]

Medical Devices

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 […]

Insurance

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 […]

Pharma

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 […]

Banking

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 […]

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Mobile service revenue in Hong Kong to increase at 1.2% CAGR over 2024-2029, forecasts GlobalData

UK VC funding deal volume and value down by 13% and 14% YoY during January-May 2025, finds GlobalData

UK health & beauty specialists lose out to discounters in value for money rankings, finds GlobalData

Australia nuclear imaging agents market to reach $30 million by 2036, forecasts GlobalData

Baxter’s Novum recall to impact infusion pump market sales, says GlobalData

Yeztugo holds potential to address key unmet needs for PrEP usage including adherence issues, says GlobalData

CNS innovator oligonucleotide licensing value surges by 339% to $2.8 billion in 2024, reveals GlobalData

GeneCentric’s funding highlights growing investor interest in RNA-driven diagnostics in precision oncology, says GlobalData

China VC funding value down 48% YoY during January-May 2025, reveals GlobalData

UAE general insurance market to surpass $20 billion by 2029, forecasts GlobalData

Card payments in Taiwan (Province of China) market to grow by 6.8% in 2025, forecasts GlobalData

Mobile service revenue in South Korea to increase at 2.5% CAGR over 2024-2029, forecasts GlobalData

US VC funding breaches $100 billion mark in first five months of 2025, finds GlobalData

Indonesia fixed communication services market to reach $3.7 billion in 2029, forecasts GlobalData

Thailand fixed communication services market to reach $2.5 billion in 2029, forecasts GlobalData

Diagnosed prevalent cases of pulmonary arterial hypertension to decline by 0.08% AGR in 7MM during 2024-34, forecasts GlobalData

Penumbra to gain market share in peripheral embolization coils with Ruby XL system, says GlobalData

Hong Kong (China SAR) life insurance market to reach $73.7 billion by 2029, forecasts GlobalData

Biopharma innovation meets market headwinds tempering optimism, says GlobalData

India card payments market to surpass $350 billion in 2025, forecasts GlobalData

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