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GlobalData
GlobalData

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The FT, Sky News, Bloomberg, WSJ, along with over 77 other leading press organisations worldwide quote our data and insight and consider us a trusted, independent source.

Need for mission readiness to drive maintenance expenditure on in-service military platforms in Asia-Pacific in 2025, says GlobalData

The evolving nature of warfare and threat perceptions in the Asia-Pacific region has increased the demand for robust maintenance, repair, and overhaul (MRO) practices substantially. Disciplined MRO practices ensure higher operational availability rates of military platforms such as fixed-wing aircrafts, helicopters, naval vessels, and land vehicles. Against this backdrop, the cumulative maintenance cost burden of […]
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Top 20 global biopharma firms see 1.7% market cap growth to $3.7 billion in 2024 amid policy challenges, reveals GlobalData

The biopharmaceutical industry in 2024 experienced a mixed performance, with the aggregate market capitalization of the top 20 biopharmaceutical firms’ year-on-year increasing by 1.7% from $3.6 trillion to $3.7 trillion as on 31 December 2024, despite challenges from shifting policies and regulatory concerns. Key players like Lilly, AbbVie, and Gilead Sciences saw significant growth, while […]
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X needs to overcome significant hurdles to become WeChat of the West in payments, says GlobalData

Elon Musk’s X has taken another bold step toward realizing its super-app ambitions, securing a partnership with Visa to enable a payments push. Branded as X Money, the proposition centers on peer-to-peer (P2P) transactions, aiming to integrate payments seamlessly into the social platform. However, in a competitive payments landscape dominated by established players, turning ambition […]
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2024/25 PDC World Darts Championship generates estimated $4.57 million in sponsorship revenue, reveals GlobalData

With seven brands sponsoring the 2024/25 Professional Darts Corporation (PDC) World Darts Championship, the competition’s largest sponsorship deal in terms of annual value was with Paddy Power. The title sponsorship agreement is worth an estimated $1.5 million a year for a period of three years. Overall, the championship is estimated to have generated $4.57 million […]
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AI, ESG, and cyber will be the key insurance themes in 2025, says GlobalData

The insurance industry is set to be defined by the transformative impact of artificial intelligence (AI), environmental, social, and governance (ESG), and cyber risk management in 2025. As consumers increasingly embrace AI-driven solutions and express growing interest in personal cyber coverage, insurers face both challenges and significant opportunities to innovate, personalize offerings, and integrate emerging […]
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Thyroid Awareness Month highlights importance of early detection and treatment, says GlobalData

Thyroid Awareness Month emphasizes the importance of early detection and effective management of thyroid disorders, which affect millions of people worldwide. By raising awareness and encouraging proactive care, this initiative seeks to improve patient outcomes and foster a better understanding of thyroid health, says GlobalData, a leading data and analytics company. The thyroid, a butterfly-shaped […]
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US VC funding surges 34.6% to $148.8 billion in 2024 despite decline in deal volume, reveals GlobalData

The US venture capital (VC) market demonstrated remarkable resilience in 2024, achieving a year-on-year (YoY) 34.6% surge in total funding value to $148.8 billion, despite a double-digit decline in deal volume. This impressive growth, driven by high-value investments, underscores robust investor confidence and reaffirms the US’s position as a global leader in the innovation-driven venture […]
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LVMH ad strategy combines heritage and innovation to strengthen luxury brand appeal, reveals GlobalData

LVMH Moet Hennessy Louis Vuitton’s (LVMH) advertising initiatives between October and December 2024 seamlessly blend heritage with innovation. By strategically aligning with high-profile sporting events like the America’s Cup and collaborating with renowned artists, the brand aims to strengthen its luxury image. Through dynamic storytelling, celebrity endorsements, and behind-the-scenes content, the Paris-based luxury goods giant […]
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WH Smith has outgrown its High Street roots, says GlobalData

Following the news that WH Smith is considering the sale of its high street fascia; Tash Van Boxel, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “This arm of the business has consistently pulled down group revenue over the last three years, with its high street chain accounting for nearly […]
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KDX-II modernization to enhance South Korea’s combat readiness amid rising maritime tensions, says GlobalData

South Korea’s Defense Acquisition Program Administration (DAPA) has launched a significant performance improvement program (PIP) for its Chungmugong Yi Sun-sin-class destroyers (KDX-II), aiming to modernize critical systems and enhance combat readiness. The KDX-II upgrade underscores South Korea’s focus on leveraging indigenous technologies to maintain a modern and effective naval fleet amid rising regional maritime tensions, […]
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Cannabis users’ consumption behavior and product choices are different from other consumers, presenting a key knowledge gap for food and beverages brand strategy, according to new GlobalData study

The study looks at how the use of cannabis is impacting consumption in key food and beverage categories in key markets. GlobalData’s new “Hot Topics” cannabis study on the claimed consumption behavior of cannabis users compared to non-users highlights that this is a large and growing consumer group, who are behaving differently to the general […]
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CBDC requires interoperability, privacy protection, robust infrastructure, and clear benefits of use to become currency in future, says GlobalData

Retail central bank digital currency (CBDC) development projects continue to face significant hurdles before achieving large-scale implementation. Key challenges include ensuring system interoperability with existing payment methods and currencies worldwide, addressing privacy concerns in advanced economies, and overcoming infrastructure limitations in emerging economies, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, […]
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