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Delivery platforms enabling smaller foodservice operators in APAC to compete with large brands, says GlobalData

Large foodservice chains have always had an advantage over smaller operators in terms of brand visibility and delivery. However, the advent of food delivery platforms has significantly altered the competitive dynamics in the foodservice sector. The COVID-19 pandemic gave a fillip to the food delivery business, and they have been able to sustain consumer interest. […]
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Malaysia ICT market revenue to witness 15.5% CAGR over 2023-28, forecasts GlobalData

The enterprise information and communication technology (ICT) market in Malaysia is projected to grow at a compound annual growth rate (CAGR) of 15.5% over 2023-28, driven by the ongoing digital transformation efforts of businesses and the government, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report “Malaysia Enterprise ICT Country Intelligence Report,” reveals […]
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Digitalization could deliver long term benefits to oil and gas industry, says GlobalData

In recent years, the oil and gas industry has progressed from using digital technologies for select use cases to making their entire processes digital. Certain technologies—such as artificial intelligence (AI), blockchain, cloud computing, the Internet of Things (IoT), robotics, and virtual and augmented reality (VR and AR)—are now part of their daily routine. These digitalization […]
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Eli Lilly’s Zepbound holds potential to dominate obesity market, says GlobalData

It has been a year since the launch of Zepbound (tirzepatide) for obesity, and Eli Lilly’s competition with Novo Nordisk continues. Zepbound’s superior efficacy and strategic market expansion suggest that the drug will dominate the obesity market, surpassing Novo Nordisk’s Wegovy (semaglutide), according to GlobalData, a leading data and analytics company. Recently, Eli Lilly announced […]
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Zorifer poised to fill critical gap in treatment of advanced NSCLC with CNS metastases in China, says GlobalData

China’s National Medical Products Administration (NMPA) has recently approved Zorifer (zorifertinib), an oral epidermal growth factor receptor tyrosine kinase inhibitor (EGFR-TKI) specifically for the treatment of non-small cell lung cancer (NSCLC) with CNS metastases. Developed by Alpha Biopharma in collaboration with AstraZeneca, this new treatment option is expected to benefit EGFR-mutated NSCLC patients with different […]
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Popularity of cultivated meat on rise in APAC, says GlobalData

The popularity of cultivated meat or lab-grown meat has been steadily increasing in the Asia-Pacific (APAC) region in recent years. Meat is considered an essential source of proteins, lipids, carbohydrates, and vitamins that the body needs to meet its energy requirements. However, traditional animal farming techniques are insufficient to meet the growing demand for meat. […]
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Influencers discuss arrival of AGI as OpenAI’s o3 model ignites AI hype, reveals GlobalData

OpenAI’s recent unveiling of its new o3 reasoning model has ignited a fierce debate among influencers on social media. While many express awe at its impressive performance across various benchmarks, including exceeding human performance on coding and scientific reasoning tasks, others raise concerns about its high cost and the potential for overhyping its artificial general […]
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Thailand telecom and pay-TV services revenue to increase at 2.8% CAGR over 2024-29, forecasts GlobalData

The telecom and pay-TV services revenue in Thailand is expected to increase at a compound annual growth rate (CAGR) of 2.8% from $9.8bn in 2024 to $11.2bn in 2029, primarily driven by the mobile broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Thailand Telecom Operators Country Intelligence Report  reveals that mobile voice service […]
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Targeted therapies and improved diagnostics remain as unmet needs in T2-low asthma, says GlobalData

Despite advances in biologic therapies for severe asthma, significant unmet needs in asthma management remain, specifically with T-helper cell type 2 (T2)-low asthma, a subtype lacking typical inflammatory biomarkers. T2-low asthma presents unique challenges due to the absence of eosinophils and immunoglobulin E (IgE), which complicates both diagnosis and treatment. Insights from experts in the […]
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Carlton & United Breweries most active and largest sports spending alcoholic beverages brand in APAC in 2024, reveals GlobalData

Carlton & United Breweries has 16 sports sponsorship deals across the Asia-Pacific (APAC) region. The Australian brewing company has the largest alcoholic beverages deal in the region, this being Carlton Draught’s partnership with the Australian Football League (AFL). The brewing company also has partnerships with the National Rugby League (NRL), and notably, 13 of their […]
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