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Chimeric antigen receptor T-cell (CAR-T) therapeutics have emerged as a dominating cancer treatment within cell and gene therapies (CGT). The CAR-T landscape is dominated by blood cancers, with industry leaders like Bristol Myers Squibb at the forefront of this revolution, driving advancements that have the potential to redefine treatment paradigms for blood cancers, such as […]
New Zealand general insurance industry to reach $9.6 billion by 2029, forecasts GlobalData
The New Zealand general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 8.3% from NZD11.8 billion ($7.1 billion) in 2024 to NZD16.3 billion ($9.6 billion) in 2029, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. GlobalData’s latest report “New Zealand General […]
China to drive global polyolefins capacity additions through 2030, says GlobalData
China is set to drive the global polyolefins capacity additions, occupying a share of 29% by 2030, as both demand and supply of polyolefins are expected to grow in the country, according to GlobalData, a leading data and analytics company. GlobalData’s latest report “Polyolefins Market Analysis and Forecast by Products, Capacity Additions, Top Countries and […]
GlobalData Country Risk Index shows slight drop in Q4 2024
The global economy stands at a crossroads, balancing trade policy uncertainty and geopolitical tensions against easing price pressures. The latter is supporting a revival in domestic demand and providing central banks with room for potential rate cuts. Against this backdrop, GlobalData, a leading data and analytics company, reports a slight drop in the GlobalData Country […]
5G to drive New Zealand mobile service revenue growth during 2024-2029, forecasts GlobalData
New Zealand’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 2.6% from $1.5 billion in 2024 to $1.8 billion in 2029, driven by the nationwide network expansion by operators to support the rising demand for high-speed connectivity and data-centric services and the subsequent increasing 5G adoption, forecasts GlobalData, […]
NHS approval of endometriosis therapy Ryeqo enhances patient care, eases healthcare strain, says GlobalData
The National Health Service (NHS) in England has approved Gedeon Richter’s Ryeqo, the first long-term pill available for endometriosis for patients who have exhausted all other treatment options. The approval addresses the long-standing gap in long-term treatment options for endometriosis, improving overall disease management while easing the burden on healthcare resources, says GlobalData, a leading […]
APAC deal activity faces challenges in early 2025, but some pockets of growth exist, finds GlobalData
The Asia-Pacific (APAC) deal landscape has experienced a notable shift in early 2025, reflecting a complex interplay of market dynamics and economic conditions. In the first two months of 2025, the total deal volume* in the APAC region has seen a decline of approximately 8% compared to the same period in 2024. However, few countries […]
Mobile service revenue in China to increase at 2.5% CAGR over 2024-2029, forecasts GlobalData
The total mobile services revenue in China is poised to increase from $139.2 billion in 2024 to $157.3 billion in 2029 at a compound annual growth rate (CAGR) of 2.5%, mainly driven by healthy growth in mobile data services segment, reveals GlobalData, a leading data and analytics company. GlobalData’s research reveals that growth in mobile […]
Robotic surgical systems market in China to grow at 12% CAGR through 2036, forecasts GlobalData
The robotic surgical systems market in China is projected to experience significant growth, with a forecasted compound annual growth rate (CAGR) of approximately 12% through 2036. This growth is mainly fueled by innovations in artificial intelligence (AI)-powered robotic assistance and the rising elderly population leading to an increase in need for surgical interventions, reveals GlobalData, […]
Shein emerges as biggest winner in global apparel market once again in 2024, says GlobalData
A challenging economy made consumers more selective over where they shopped for apparel in 2024. Overall, the top 10 players in the market are forecast to have gained share, as shoppers remained loyal to brands that they could trust, while smaller players lost their footing. Winning brands offered superior value for money and style, while […]
BYD’s fast-charging tech ignites influencer buzz, reveals GlobalData
BYD Co Ltd (BYD) has become a trending company among social media influencers on the third week of March 2025, driven by the unveiling of its new electric vehicle (EV) fast-charging technology. The announcement, boasting the capability to charge a vehicle for approximately 400+ kilometers in just five minutes, has sparked significant interest. Influencers are […]
GlobalData highlights disease prevention with World Oral Health Day
March 20 marks World Oral Health Day, an important global event aiming to raise awareness about the importance of oral health and its impact on overall well-being. Led by the FDI World Dental Federation, the annual observance encourages individuals, healthcare professionals, and policymakers to act towards improving oral hygiene. Better oral hygiene can help reduce […]
EV battery recycling becomes critical area for ongoing investments in automotive industry, says GlobalData
As the automotive industry accelerates its transition towards electric vehicles (EVs), the focus on sustainable practices has never been more critical. Central to this evolution is the lifecycle management of EV batteries, which poses both opportunities and challenges. As the future of the automotive industry is undoubtedly intertwined with the success of battery recycling, it […]
Renewables to play essential role in product portfolio of oil and gas companies, says GlobalData
Global power generation is increasingly shifting toward renewable sources, reducing the reliance on fossil fuels. While global energy generation has risen by around 30% in the past ten years, renewable energy has nearly doubled over this timeframe. With the share of renewables in the global energy mix forecast to reach over 40% by 2030, it […]
UK Mother’s Day spending to reach £2.4 billion, as consumer participation rises, reveals GlobalData
The UK consumer spending for Mother’s Day 2025 is set to reach £2.4 billion, reflecting a 5% increase from the previous year. With more consumers planning to participate, retailers have an opportunity to cater to the rising demand for premium gifts and experiences. Strategic marketing, along with tailored product offerings, will be key to capitalising […]
Amway’s advertising campaigns focus on health, sustainability and scientific innovation to engage diverse audiences, reveals GlobalData
Amway’s YouTube advertising campaigns from December 2024 to February 2025 adopted a research-driven approach, emphasizing wellness, scientific validation, and consumer lifestyle integration. By focusing on health-conscious choices, these ads highlight product functionality, natural ingredients, and sustainable practices. The strategy aims to engage diverse audiences by addressing personal care, nutrition, and performance needs while keeping up […]
India, Japan and UAE defy global deal downturn in early 2025, reveals GlobalData
The global deal landscape has slowed during the first two months of 2025, with overall deal volume dropping 9% compared to the same period last year. Europe has seen a sharp contraction, while India, Japan and the UAE have shown resilience despite the broader downturn, reveals GlobalData, a leading data and analytics company. Aurojyoti Bose, […]
Automotive dealers need to adapt to technological advancements to remain competitive, says GlobalData
The automotive industry is on the brink of a significant transformation as digital technologies reshape the way vehicles are bought and sold. The rise of online car buying platforms is not merely a trend; it represents a fundamental shift in consumer behavior and expectations. This shift was further accelerated by the COVID-19 pandemic, which prompted […]
Cardiac valve repair devices market to see significant growth in Middle East and Africa, says GlobalData
Increased investments in healthcare infrastructure and advancements in medical research facilities are fostering the growth of cardiac valve repair devices in the Middle East and Africa (MEA). Additionally, the region’s aging population, improved life expectancy, and greater awareness among both patients and physicians about available treatment options contribute to the rising demand for those devices. […]
India automotive market to see positive growth over next 12 months, reveals GlobalData survey
The automotive sector in India is poised for positive growth over the next year, driven by favourable government policies such as the FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles in India) II scheme, which has been in effect since April 2019 and encourages states to provide both fiscal and non-fiscal incentives to […]