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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 […]
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. […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
Philippines mobile services revenue to grow at 5.2% CAGR over 2024-2029, forecasts GlobalData
The total mobile services revenue in the Philippines is set to increase at a compound annual growth rate (CAGR) of 5.2% from $4 billion in 2024 to $5.1 billion in 2029, mainly due to the rising adoption of mobile data services, according to GlobalData, a leading data and analytics company. According to Global Data’s Philippines […]
Japan diagnostic imaging market poised for 2% CAGR through 2034, forecasts GlobalData
Japan’s diagnostic imaging sector is undergoing significant transformation, with cutting-edge technologies that are re-defining capabilities across techniques such as CT, MRI, ultrasound, and breast imaging. Against this backdrop, the country’s diagnostic imaging market is projected to expand at a compound annual growth rate (CAGR) of 2% through 2034, forecasts GlobalData, a leading data and analytics […]
Investor wariness drags down global deal activity by 4% YoY during January-May 2025, reveals GlobalData
The global deal landscape has been experiencing a downturn in 2025 with the first five months of the year seeing a decline in deal volume compared to the same period in the previous year. The total number of deals (mergers & acquisitions (M&A), private equity and venture financing) announced globally year-on-year (YoY) decreased by around […]
Mobile device-as-a-service fills current enterprise management needs, says GlobalData
Mobile Device-as-a-Service (MDaaS) market is rapidly expanding, driven by enterprises’ increasing demand for sustainability, flexibility, and comprehensive device management solutions. As organizations prioritize operational efficiency and employee satisfaction, MDaaS is emerging as a preferred choice for businesses of all sizes, particularly large enterprises with complex needs, according to GlobalData, a leading data and analytics company. […]
Australia general insurance industry to reach $93.9 billion by 2029, forecasts GlobalData
The general insurance industry in Australia is projected to grow at a compound annual growth rate (CAGR) of 8.8%, increasing from an AUD94.7 billion ($62.5 billion) in 2024 to AUD144.5 billion ($93.9 billion) by 2029, in terms of direct written premium (DWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Australia […]
US HPV testing market shielded from tariffs but export risks for domestic makers remain, reveals GlobalData
The US human papillomavirus (HPV) testing market will remain unaffected by the Trump Administration’s tariffs, as the leading tests—Roche’s cobas and Hologic’s Aptima Panther—are entirely manufactured within the country. With 94.6% of HPV tests produced within the country, the risk of cost increases or supply chain disruptions is minimal. However, export challenges may arise for […]
Air India plane crash will harden aviation reinsurance market, says GlobalData
The fatal crash of Air India flight AI171 on June 12, 2025, has become a pivotal moment for the already tightening global aviation reinsurance market. This tragic incident resulted in the death of 241 passengers and crew members and marks the first-ever fatal hull loss of a Boeing 787-8 Dreamliner, considered one of the most […]
Influencers give thumbs up to Shopify-Coinbase USDC partnership as a breakthrough for crypto in e-commerce, reveals GlobalData
Shopify Inc has recently partnered with Coinbase Global Inc and Stripe Inc to enable merchants across 34 countries to accept payments in USDC, a stablecoin pegged to the US dollar. Influencers on the social media platform “X” have overwhelmingly praised the move as a pivotal step toward mainstream crypto adoption, highlighting its potential to reshape […]
Myasthenia gravis market across 7MM set to grow at 5.6% CAGR between 2024 and 2034, forecasts GlobalData
The myasthenia gravis (MG) market across the seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK, and Japan) is poised to grow at a compound annual growth rate (CAGR) of 5.6% from $6.1 billion in 2024 to $10.5 billion in 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Myasthenia […]
Asia to dominate upcoming liquids storage projects count through 2030, says GlobalData
Asia is poised to dominate the global liquid storage projects landscape, accounting for about 40% of the projects expected to commence operations by the end of the decade, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Liquids Storage New Build and Expansion Projects Analysis by Type, Development Stage, Key Countries, Region and […]
Retail icon to £1 bargain: Poundland’s sale exposes cracks in value retailer, says GlobalData
Following the news that Poundland has been sold for £1 to turnaround firm Gordon Brothers with up to 100 stores set for closure; Emily Scott, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Poundland’s sale comes amid mounting losses and declining revenue, as it has faced intense competition and the […]
Danone Bebelac ads highlight nutritional innovation, child well-being, and parental trust, reveals GlobalData
French food giant Danone’s YouTube advertisements of growing-up milk brand Bebelac from December 2024 to May 2025 emphasize key values such as child health, parental involvement, and evidence-based nutrition, appealing to caregivers who seek optimal choices for their children. They aim to foster a sense of community among parents, facilitating the exchange of experiences and […]