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Brazil generates power from a diverse range of sources that include thermal sources (gas, oil, and coal), hydropower, nuclear, and renewable. Hydropower accounts for the majority of the country’s annual power generation. However, overdependence on hydropower has made the country vulnerable to droughts. To overcome the challenge, the country is rapidly developing its renewable power […]
Airbus A350s order to allow IndiGo to gain strategic share in India’s outbound long-haul market, says GlobalData
India’s largest airline, IndiGo, has taken a decisive step in its international expansion roadmap by exercising its option to place additional orders for 30 Airbus A350-900 aircraft in June 2025, effectively doubling its initial commitment to a wide-body fleet from 30 to 60 aircraft. The move allows IndiGo to claim a strategic share in the […]
Endometriosis diagnosed prevalent cases in women to reach 2.8 million across 7MM in 2034, forecasts GlobalData
The diagnosed prevalent cases of endometriosis among women ages 12–54 years in the seven major markets (7MM*) are set to register an annual growth rate (AGR) of 0.09% from 2.77 million in 2024 to 2.8 million in 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Endometriosis – Epidemiology Forecast to 2034,” […]
Atopic dermatitis market to reach $22.4 billion in 7MM by 2033, forecasts GlobalData
Atopic dermatitis (AD) is a widespread, chronic inflammatory skin condition that can affect patients of all age. Prior to the approval of Regeneron Pharmaceuticals/Sanofi’s Dupixent (dupilumab) in 2017, the AD market had been stagnant and the pipeline for drugs in late-stage development was lacking. However, recent developments have reignited interest in AD treatments, especially as […]
Top 20 global payment companies’ revenue grows by 9% in 2024 as market sees structural shifts, says GlobalData
In 2024, the global payment ecosystem witnessed structural changes with digital acceleration, consumer behavior shifts, and macroeconomic pressures reshaping the industry landscape. The top 20 publicly listed payment companies by revenue have navigated this landscape with varying degrees of agility, innovation, and strategic execution. The top 20 public payment companies saw their revenues rise by […]
Nigeria’s renewable power capacity to reach 1.7GW in 2035, forecasts GlobalData
The renewable energy sector in Nigeria presents a wealth of growth opportunities. Nigeria plans to increase the share of renewable electricity generation to 23% in 2025 and 36% by 2030. Under the Renewable Energy Master Plan (REMP), the country planned to increase the cumulative installed capacities of small hydropower, solar PV, biomass, and wind power […]
Hong Kong (China SAR) card payments market to reach nearly $170 billion in 2025, forecasts GlobalData
The Hong Kong (China SAR) card payments market is forecast to grow by 4.5% to reach HKD1.32 trillion ($168.4 billion) in 2025, supported by a constant consumer shift towards non-cash payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that Hong Kong saw a growth of 15.7% in card […]
Ferrero’s new US confectionery range a model for navigating tariffs and market uncertainty, says GlobalData
The need for reshoring and friend-shoring supply chains has been a long time coming. Companies that adapted early to these shifts are now better positioned to weather the challenges posed by the US trade war, as demonstrated by Ferrero‘s proactive approach, according to GlobalData, a leading data and analytics company. Hannah Cleland, Consumer Analyst at […]
Enterprises need to jump on opportunities presented by global AI sovereignty strategies, says GlobalData
AI is no longer simply a competitive differentiator for enterprises; the technology is increasingly critical to national security and economic empowerment, prompting countries across the globe to implement strategies that support AI sovereignty. While narrowly defined by some as a focus primarily on infrastructure, AI sovereignty should include a broad swath of capabilities that relate […]
EyePoint’s Duravyu holds potential to become new treatment option for wAMD, says GlobalData
EyePoint Pharmaceuticals’ Duravyu (vorolanib) is in the spotlight following its recent advancements in its Phase III trial. The company recently announced the completion of patient enrollment for LUGANO, its pivotal Phase III clinical trial. The current wet age-related macular degeneration (wAMD) treatment landscape is largely dominated by vascular endothelial growth factor (VEGF) inhibitors. Duravyu is […]
UAE’s power capacity to reach 79.1GW in 2035, forecasts GlobalData
The United Arab Emirates (UAE) boasts one of the most secure and stable electricity supply systems in the region. Leveraging its substantial natural gas and oil reserves, among the largest globally, the UAE generates sufficient electricity to satisfy domestic consumption. The nation primarily utilizes its gas for power generation and for re-injection into oil fields […]
Egypt’s renewable power capacity to reach 31.6GW in 2035, forecasts GlobalData
Egypt is endeavoring to augment the proportion of renewable energy within its electricity mix to 42% by the year 2035. The nation is actively expanding its capacity through the implementation of large-scale solar and wind energy initiatives. Against this backdrop, renewable power capacity in the country is expected to reach 31.6GW in 2035, registering a […]
CAR-T therapies need to overcome current limitations to unlock promising treatment possibilities for solid tumors, says GlobalData
CAR-Ts are revolutionizing the treatment of blood cancers, such as B-cell acute lymphocytic leukemia. However, their success has not yet extended to the realm of solid tumors, as no CAR-T therapy has advanced beyond Phase II in one of these indications. Overcoming current limitations and expanding the reach of CAR-T therapeutics could unlock promising new […]
UK biopharma venture financing QoQ doubles to $1.1 billion in Q1 2025, reveals GlobalData
UK biopharmaceutical companies experienced a quarter-on-quarter (QoQ) surge in venture financing, reaching $1.1 billion in the first quarter (Q1) of 2025—twice the amount raised in the fourth quarter (Q4) of 2024 and exceeding all quarterly totals from 2021. This surge highlights investor appetite for breakthrough innovation, but growing dependence on US capital and policy-driven cost […]
Sibeprenlimab’s priority review highlights potential to differentiate in IgAN space, says GlobalData
Otsuka Pharmaceutical recently announced that the FDA has accepted for review the Biologics License Application (BLA) for sibeprenlimab, which acts as A Proliferation Inducing Ligand (APRIL) inhibitor in development for immunoglobulin A (IgA) nephropathy (IgAN). This followed sibeprenlimab’s 2024 FDA breakthrough designation for the same indication. The BLA was supported by the Phase III VISIONARY […]
Foreign reinsurers’ market share in India to surpass 50% in 2025, estimates GlobalData
Licensed foreign reinsurers continue to expand their market presence in India, with their share, in terms of gross written premiums (GWP), almost doubling from 25.8% in 2019 to 49% in 2023 (financial year ending March 2024). Their market share is estimated to surpass 50% in 2025, according to GlobalData, a leading data and analytics company. […]
Deforestation now poses material risk as EUDR enforces strict supply chain accountability, says GlobalData
Deforestation is no longer just a reputational concern, it is now a material risk with regulatory teeth. With the EU Deforestation Regulation (EUDR) taking effect in December 2025, companies across sectors must prove their supply chains are deforestation-free or face severe penalties. The shift demands urgent action on traceability, supplier engagement, and sustainability strategy to […]
India VC funding activity sees significant YoY growth during January-April 2025, finds GlobalData
India has demonstrated a good performance in venture capital (VC) funding activity in early 2025, recording a significant increase in both deal volume and value. The total number of VC deals announced in India surged by approximately 19% during January-April 2025 compared to the same period in the previous year, while the total funding value […]
Audi YouTube ads blend performance with purpose, emphasizing electric mobility and social responsibility, reveals GlobalData
Audi AG’s (Audi) YouTube advertising campaigns from November 2024 to April 2025 spotlight its growing commitment to electric mobility models ranging from the Quattro all-wheel drive system to A6 e-tron and Q6 e-tron. The ads blend high performance with sustainability, reflecting the Germany-based automotive giant’s aim to meet the needs of today’s luxury buyers who […]
Global renewable power installed capacity to surge to 11.2TW by 2035, forecasts GlobalData
The power sector is experiencing a notable growth in renewable energy sources, propelled by an array of factors such as technological progress, policy incentives, and a heightened awareness of the imperative for sustainable energy solutions. Consequently, renewable resources, particularly solar photovoltaic (PV) and wind energy, are gaining a larger share in the energy portfolio. Driven […]