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The speed at which cyber insurance has grown and continues to grow as a product means insurers are cautious not to overexpose themselves in a particular risky line. A lack of built-up knowledge around historical data, how to assess risk, and how to manage claims are some of the leading concerns around cyber insurance from […]
UK VC funding up by 43.5% YoY to $1.2 billion in January 2025 despite fewer deals, finds GlobalData
The venture capital (VC) funding landscape in the UK market saw year-on-year (YoY) decline in deal volume by 12.6% from January 2024 to January 2025, with the number of deals dropping from 87 to 76. Despite this decrease in deal volume, the total funding value increased significantly by 43.5% from $863.2 million in January 2024 […]
APAC motor insurance industry to surpass $301 billion by 2029, forecasts GlobalData
The motor insurance industry in the Asia-Pacific (APAC) region is projected to grow at a compound annual growth rate (CAGR) of 5.6% from an estimated $229.2 billion in 2024 to $301.7 billion in 2029, in terms of written premiums, according to GlobalData, a leading data and analytics company. GlobalData’s Global Motor Insurance Market report reveals […]
Companies prioritize new departments, roles and teams in hiring strategies, reveals GlobalData
Companies across industries are increasingly prioritizing efficiency, product development, and business expansion in their hiring strategies to enhance organizational effectiveness. There is also a focus on improving customer experience, fostering innovation, and driving performance. Meanwhile many organizations are creating new departments, roles, teams, and business units, reveals the Job Analytics Database of GlobalData, a leading data and […]
New energy vehicle market poised for growth driven by technological innovations, says GlobalData
The automotive industry is undergoing a significant transformation, with hybrid and electric vehicles (EVs) at the forefront of this change. The new energy vehicle (NEV) market is dynamic in nature and is poised for growth as economic conditions improve and technological innovations continue to emerge, says GlobalData, a leading data and analytics company. According to […]
China VC funding remains unchanged in January 2025 despite 31.9% YoY drop in deal volume, reveals GlobalData
The venture capital (VC) funding landscape in China experienced a significant decrease in deal volume in January 2025 compared to January 2024 while the corresponding value mostly remained at the same level. The number of VC deals announced in China fell from 326 in January 2024 to 222 in January 2025, representing a 31.9% year-on-year […]
Volkswagen’s ad strategy highlights digital innovation and smart mobility solutions, reveals GlobalData
Volkswagen’s YouTube advertising campaign from August 2024 to January 2025 has showcased its digital ecosystem through innovative connected services and smart features, marking a significant evolution in automotive technology. The campaign has highlighted advancements in vehicle connectivity, personalization, and intelligent features across its lineup, with particular emphasis on the ID. series electric vehicles, reveals Global […]
GlobalData finds companies across sectors posting jobs around agentic AI
Agentic AI is a significant advancement in artificial intelligence (AI) that transcends traditional content generation capabilities. It involves AI systems that can operate autonomously, making decisions and taking actions on behalf of users without requiring continuous human input. With the increasing demand for advanced AI applications, several job opportunities are emerging in this field. Against […]
BD intent to separate business could allow competitors to rise in IVD test markets, says GlobalData
Becton Dickinson (BD) has recently announced its intent to separate its biosciences and diagnostic solutions business. The biosciences segment includes research instruments and reagents, and single-cell multiomics, while the diagnostic solutions segment consists of microbiology and infectious disease diagnostics. According to the company, the two segments earned over $3 billion in revenue in fiscal 2024. BD’s […]
Getinge surgical perfusion exit opens opportunities for LivaNova in CPBE market, says GlobalData
Swedish medtech company Getinge’s decision to exit the surgical perfusion business signals a strategic shift toward higher-growth areas like extracorporeal membrane oxygenation (ECMO). This move is set to benefit dominant players like LivaNova, which is well-positioned to capture the market share in the cardiopulmonary bypass equipment (CBPE) sector, which continues to show steady growth driven […]
iPhone 16e is a testbed for Apple’s new modem C1, says GlobalData
Following the news that Apple has launched iPhone 16e phone with its first cellular modem C1; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “The launch of iPhone 16e with cellular modem ‘C1’ culminates years of research and more than $1 billion in acquisitions. The proprietary 5G […]
Trump 2.0 policy shifts signal new direction for automotive sector, says GlobalData
The automotive industry is on the cusp of a transformation with the advent of the Trump 2.0 administration. The potential policy shifts signal a new direction for the sector, particularly in the realms of trade, electric vehicles (EVs), regulations, autonomous vehicles, and employment, and to understand the implications of these changes and how they may […]
Fixed communication services revenue in Malaysia to grow at 1.8% CAGR during 2024-2029, forecasts GlobalData
The fixed communication services revenue in Malaysia is expected to increase at a compound annual growth rate (CAGR) of 1.8% from $1.9 billion in 2024 to $2.1 billion in 2029. This growth will be driven by the increasing demand for fixed broadband, particularly fiber-optic services, while fixed voice services are expected to decline due to […]
Trump 2.0 is shaking up the world
Join GlobalData’s webinar to explore the impact of disruptive shifts in geopolitics Which parts of the US President Donald Trump’s geopolitical agenda matters most for global business risks and opportunities? Trump’s bid to settle the Russia-Ukraine war without including Ukrainian or European officials in discussions is the latest in a series of foreign policy moves […]
Trump’s proposed tariffs to impact US pharma FDI in Canada, Mexico, China and Europe, reveals GlobalData
The pharmaceutical industry is preparing for major disruptions following Trump’s tariff announcement—25% on imports from Canada and Mexico (both paused for 30 days) and 10% on China. These tariffs could worsen drug shortages, raise prices, and push manufacturers to reconsider their market strategies. Additionally, the proposed tariffs are expected to impact pharmaceutical foreign direct investment […]
Growing concerns over phthalates in plastic packaging highlight importance of alternative packaging solutions, says GlobalData
Environmental organizations are increasingly highlighting the numerous health risks associated with phthalates, leading to a rise in consumer awareness and concern over the use of plastic packaging in processed food and beverage products. The use of phthalates in plastic packaging is facing increased scrutiny due to a growing body of research that underscores significant health […]
S&P500 Index soars 25% YoY to $54.5 trillion in January 2025, reveals GlobalData
The aggregate market capitalization of the Standard and Poor’s 500 (S&P 500) index companies grew 25% from $43.6 trillion in January 2024 to $54.5 trillion in January 2025. Information technology (IT) sector registered the most market gains over the period, followed by consumer discretionary* and communication services, according to GlobalData, a leading data and analytics […]
India robotic surgical systems market to record 10% CAGR during 2024-36, driven by increasing adoption, says GlobalData
The installation of a surgical robot at the All India Institute of Medical Sciences (AIIMS) in Delhi recently marks a testament to the Indian government’s commitment to narrowing the disparity between public and private healthcare services in terms of quality and technological advancements. In light of this context, the market for robotic surgical systems in […]
Lack of expertise primary barrier to AI adoption in insurance, finds GlobalData
A lack of expertise within insurance companies is the biggest challenge to implementing artificial intelligence (AI) technology. As AI has the potential to transform the insurance industry, insurers must prioritize talent acquisition and upskilling efforts to build the necessary expertise for AI integration, according to a recent poll by GlobalData, a leading data and analytics […]
AirAsia’s YouTube ad campaigns highlight affordability, culture and digital ease, reveals GlobalData
Capital A Bhd’s (AirAsia) YouTube advertising campaigns from November 2024 to January 2025 emphasize accessibility, affordability, and cultural connections to elevate the travel experience. Leveraging engaging visuals, seamless app features, and strategic promotions like holiday discounts, the ads position AirAsia as a hassle-free, rewarding travel choice. By showcasing both popular and emerging destinations, the campaigns […]