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Stryker recently announced the completion of the acquisition of Inari Medical, a medical device company specializing in treatment for venous thromboembolism. Acquiring Inari’s portfolio of venous thrombectomy devices could enable Stryker to gain a foothold in the rapidly growing peripheral vascular device market, says GlobalData, a leading data and analytics company. Inari Medical’s portfolio of […]
AI Receptionist positions RingCentral as early leader in Agentic AI, says GlobalData
RingCentral has entered the agentic AI space with the launch of RingCentral AI Receptionist (RingCentral AIR), an AI phone agent that improves the customer experience by answering customer questions and performing basic tasks on their behalf. Though the launch positions RingCentral as an early leader, uncertainties regarding rollout date, pricing, and availability remain, making it […]
Germany card payments market to surpass $850 billion in 2029, forecasts GlobalData
The Germany card payments market is forecast to register a compound annual growth rate (CAGR) of 5.9% between 2025 and 2029 to reach EUR788.1 billion ($852.1 billion) in 2029, supported by a constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s report, “Germany Cards and Payments – Opportunities […]
Global automated home spending will surpass $200 billion in 2028, forecasts GlobalData
The automated home market is rapidly evolving, with consumers increasingly adopting devices that enhance security, energy efficiency, and convenience. Against this backdrop, the global spending on automated home devices is set to grow at a compound annual growth rate (CAGR) of 11% from $119.5 billion in 2023 to $200.8 billion in 2028, forecasts GlobalData, a […]
VC funding in India startups surge by 69.7% YoY to $883.2 million in January 2025, finds GlobalData
The venture capital (VC) funding landscape in India has shown remarkable year-on-year (YoY) growth in January 2025, wherein deal volume rose by 40.9% from 93 in January 2024 to 131. Deal value also surged by 69.7%, increasing from $520.5 million to $883.2 million, reveals GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst […]
American Express and Alipay partnership revolutionizes payment access to international travelers in China, says GlobalData
Following the news that American Express and Alipay have partnered to integrate global AmEx cards to the Alipay digital wallet in China; Jonathan Vaughan Burleigh, Associate Analyst, Banking and Payments at GlobalData, a leading data and analytics company, offers his view: “While it has been possible to link foreign credit cards and debit cards with […]
Super Bowl LIX spotlights emotional branding strategies of alcoholic beverage companies, reveals GlobalData
Super Bowl LIX, held on February 9, 2025, served as an opportunity for beer brands to promote their products, with Michelob Ultra, Bud Light, Stella Artois, Budweiser, and Coors Light grabbing attention through strategic YouTube advertisements. These commercials used various strategies, from humor to celebrity endorsements, that aimed to resonate with the vast and diverse […]
Cardiol’s CRD-38 holds potential to differentiate in HF space, says GlobalData
Cardiol Therapeutics recently announced positive data on the use of CRD-38 (cannabidiol) in the Journal of the American College of Cardiology, highlighting that it improved cardiac function and reduced cardiac hypertrophy, remodeling, inflammation, and cell death. The data indicates that CRD-38 potentially fills an unmet need in the heart failure (HF) space as it has […]
GLP-1 receptor agonists hold potential to treat opioid use disorder, says GlobalData
A three-week Phase I study conducted at the Caron Treatment Centers in Pennsylvania, enrolling 20 participants undergoing residential treatment for opioid use disorder (OUD), assessed Novo Nordisk’s Saxenda (liraglutide), a GLP-1 receptor agonist (GLP-1RA), as a monotherapy for OUD. The study displayed its potential to rival existing treatments and showed a 40% reduction in opioid […]
Air France’s advertising focuses on innovative services and sustainable initiatives to elevate travel experience, reveals GlobalData
Air France‘s YouTube advertising campaign from August 2024 to January 2025 highlighted its efforts to transform the aviation landscape through its comprehensive enhancement of passenger services, sustainable practices, and exclusive offerings. The airline demonstrates its commitment to providing enhanced travel experiences while maintaining environmental responsibility and fostering cultural connections, reveals Global Ads Platform of GlobalData, […]
Trump’s tariffs threaten profitability of North American insurers, says GlobalData
On 1 February 2025, US President Donald Trump signed three executive orders to impose tariffs on imports from Canada, Mexico, and China. In retaliation, Canada announced it would impose a 25% tariff on CAD155 billion ($117.8 billion) worth of US goods. Moreover, Trump increased the US tariff rate on steel and aluminum to 25% on […]
Hong Kong card payments market to surpass $185 billion in 2025, forecasts GlobalData
The card payment market in Hong Kong is poised to register 11.0% growth in 2025, reaching HKD1.5 trillion ($186.5 billion), driven by rising consumer spending and growing consumer preference for electronic payments, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, “Hong Kong (China SAR) Cards and Payments: Opportunities and Risks to 2028,” […]
Tesla job postings suggest renewed focus on India, reveals GlobalData
Tesla is ramping up its hiring efforts in India, marking a pivotal move in its strategy to strengthen its presence in the country. The recent job postings across various roles highlights the American electric vehicle (EV) and clean energy company’s renewed focus on establishing a foothold in India’s rapidly growing EV market, underscoring its long-awaited expansion […]
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 […]
Rapidly growing cyber market presents range of issues for insurers, says GlobalData
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 […]
Gilead’s lenacapavir could revolutionize HIV prevention, says GlobalData
Gilead Sciences has announced that the US Food and Drug Administration (FDA) has accepted its New Drug Application (NDA) submissions for lenacapavir for HIV prevention. Lenacapavir was granted Breakthrough Therapy Designation for HIV prevention by the FDA in October 2024 and will be reviewed by the FDA under priority review. The FDA has set a […]
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 […]
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 […]
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 […]
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 […]