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Illumina has recently unveiled a groundbreaking spatial transcriptomics technology, slated for commercial release in 2026. This innovative solution is designed to empower researchers to map complex tissues and understand cellular behavior at an unprecedented scale. By providing researchers with advanced tools to study complex tissue structures and cellular interactions, the innovation has the potential to […]
Semaglutide and tirzepatide hold potential to transform type 1 diabetes treatment, says GlobalData
A recent study published in Diabetes Technology & Therapeutics has demonstrated that the off-label use of semaglutide and tirzepatide leads to significant reductions in HbA1c levels and body weight among adults with type 1 diabetes (T1D). These findings suggest a potential new therapeutic approach for improving glycemic control and addressing obesity in T1D, an area […]
boohoo group rebrand highlights weakness of its fast fashion offer, says GlobalData
Following the news that the boohoo group has rebranded as the Debenhams group; Chloe Collins, Head of Apparel at GlobalData, offers her view: “The boohoo group’s rebrand to become the Debenhams group highlights how much its youth fast fashion brands—PrettyLittleThing, boohoo.com, and boohooMAN—continue to struggle. Youth brands GMV pre returns plummeted 21.8% in FY2024/25 (year […]
Global IoT market to surpass $1.8 trillion in 2028 driven by 5G and AI, forecasts GlobalData
The global Internet of Things (IoT) market is poised to grow at a compound annual growth rate (CAGR) of 13.5% from $959.6 billion in 2023 to $1.8 trillion in revenue in 2028. This growth is driven by the rise of enterprise applications, enhanced by technologies like 5G and AI. While IoT presents significant opportunities, challenges […]
Orange France’s market-first 5G+ dedicated bandwidth needs clearer communication on user benefits, says GlobalData
Following the news that Orange France has debuted free 5G Standalone-based ‘5G+’ access for customers; Emma Mohr-McClune, Chief Analyst – Telecoms Practice, Technology at GlobalData, a leading data and analytics company, offers her view: “5G monetization has been a struggle for wireless operators everywhere, with few truly successful ARPU uplift case studies to point to […]
India diabetes care devices market to record CAGR of around 4% through 2033, forecasts GlobalData
India faces a severe and escalating diabetes burden, driven by rapid urbanization, lifestyle changes, and increased rates of obesity. But with growing awareness, people are getting inclined towards proactive diabetes management through technology adoption and better access to information. Advancements in artificial intelligence (AI)-driven solutions are also expected to enhance diabetes care in the country. […]
US car insurance premiums that rank among highest globally poised to go even higher with tariffs, says GlobalData
With the recent 25% tariffs imposed on goods imported from Mexico and Canada, the cost of vehicle repairs is expected to rise in the US, placing additional pressure on insurers to increase car insurance premiums, which are already among the highest globally, according to GlobalData, a leading data and analytics company. GlobalData’s 2024 Emerging Trends […]
Fiber to drive Japan fixed communication services market to over $26 billion in 2029, forecasts GlobalData
Fixed communication services revenue in Japan is expected to grow marginally from $25.4 billion in 2024 to $26.6 billion in 2029, maintaining a sluggish CAGR of 0.9%. The decline in fixed voice services will continue, while broadband growth remains moderate, driven by increasing fiber adoption but offset by falling cable and xDSL subscriptions, says GlobalData, […]
Taiwan e-commerce market to grow by 7.9% in 2025, forecasts GlobalData
Taiwan’s e-commerce market is forecast to grow by 7.9% in 2025, continuing its fast-paced growth driven by the ongoing shift of consumer preferences from offline to online shopping, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Taiwan Cards and Payments – Opportunities and Risks to 2028,” reveals that the e-commerce transaction […]
Malaysia card payments market to surpass $90 billion in 2025 driven by digital shift, forecasts GlobalData
The card payment market in Malaysia is poised for strong growth, projected to reach MYR422.4 billion ($92.6 billion) in 2025, driven by increasing consumer spending and the growing shift towards digital payments. This growth is supported by government initiatives, expanding POS infrastructure, and rising consumer adoption of contactless and credit card payments, positioning the market […]
Global console gaming market to hit $79 billion in 2030, forecasts GlobalData
The global console gaming market continues to grow, with a forecasted revenue increase from $52 billion in 2023 to $79 billion in 2030. As technology evolves, key companies like Sony, Microsoft, and Nintendo are driving innovation through artificial intelligence (AI), cross-platform play, and hybrid devices. However, emerging trends like cloud gaming and remastered titles are […]
Diagnosed prevalent cases of prostate cancer across 8MM to reach 4.24 million in 2033, forecasts GlobalData
The burden of five-year diagnosed prevalent cases of prostate cancer is expected to increase at an annual growth rate (AGR) of 3.10% from around 3.23 million in 2023 to 4.24 million in 2033 across the eight major markets (8MM*), forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Prostate Cancer: Epidemiology Forecast to […]
World Obesity Day: GlobalData highlights need to tackle stigma and raise awareness on obesity’s growing impact
Every year 04 March is observed as World Obesity Day to challenge stigma and misconceptions surrounding obesity. The day aims to raise public awareness about the condition, which affects over 200 million people in the seven major markets (7MM*). Despite advancements in treatment, many face challenges such as limited access to care, making awareness and […]
Influencers see Alexa+ as game-changer in personalized AI experiences, reveals GlobalData
Amazon’s unveiling of Alexa+, a generative AI-powered upgrade to its Alexa voice assistant, has ignited significant discussion among social media influencers in the last week of February 2025. The rollout, promising enhanced personalization, context awareness, and agentic actions, has been met with both excitement and reservations. Influencers see that the enhanced Alexa+ has the potential […]
Trump’s policies to hinder economic growth prospects of Mexico, foresees GlobalData
Mexico is grappling with rising risks stemming from strained relations with the US during President Donald Trump’s second term. Trump’s “America First” policies, including a proposed 25% tariff on Mexican goods, pose a significant threat to Mexico’s export sector and could disrupt North American supply chains. Weak domestic demand is also expected to further hinder […]
5G to drive APAC mobile services market during 2024-2029, forecasts GlobalData
The total mobile communications services revenue in the Asia-Pacific (APAC) region is expected to increase at a compound annual growth rate (CAGR) of 2.8% from $301.7 billion in 2024 to $346.1 billion in 2029, driven by continued rise in mobile subscriptions, as operators continue to roll out and expand their 5G networks, reveals GlobalData, a […]
Asia to dominate global CDU capacity additions through 2030, forecasts GlobalData
The global conventional refining industry is anticipated to expand considerably from 2025 to 2030, fueled by increasing energy demands from emerging markets and strategic investments in refining infrastructure. Consequently, the capacity additions of crude distillation units (CDUs) are accelerating globally, with Asia projected to lead these expansions across all regions through 2030, says GlobalData, a […]
Lerodalcibep could become key option for patients requiring additional LDL-C reduction beyond existing therapies, says GlobalData
LIB Therapeutics (LIB) recently announced that the FDA has accepted its Biologics License Application (BLA) for lerodalcibep, a novel therapy designed to lower low-density lipoprotein cholesterol (LDL-C) in patients with atherosclerotic cardiovascular disease (ASCVD) or those at high or very high risk of developing ASCVD. If approved, lerodalcibep could be a key treatment option for […]
Nokia strategically invests in growth areas while divesting non-core assets, observes GlobalData
Following the news that Nokia has completed the acquisition of Infinera Corporation; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “After the acquisition of Fenix Group and Rapid’s technology assets in 2024, Nokia has now completed the acquisition of Infinera. Infinera’s acquisition will complement Nokia’s optical network and […]
Amgen strategic hiring push in India: GlobalData insights on R&D growth and tech integration
Amgen is expanding its presence in India by ramping up hiring for its new technology and innovation center in Hyderabad. The company aims to strengthen its operations and R&D capabilities by recruiting tech professionals skilled in data analytics, AI, and digital health technologies. This investment highlights Amgen’s commitment to innovation and further solidifies Hyderabad as […]