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Effective management of atopic dermatitis (AD) has been one of the top priorities for physicians over the years, as quality of life in these patients is compromised due to the disruptive symptoms that they experience, which include itchiness and skin inflammation. As diagnosis of AD is primarily clinical, it may be subjective, resulting in variability […]
South Korea telecom and pay-TV services revenue to increase at 1.9% CAGR over 2024-29, forecasts GlobalData
The telecom and pay-TV services revenue in South Korea is expected to increase at a compound annual growth rate (CAGR) of 1.9% over the forecast period 2024-2029 from $32.3bn in 2024 to $35.4bn in 2029, supported by strong growth in the mobile broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s “South Korea Telecom […]
Japan’s food replicas redefine culinary experiences for tourists and locals, says GlobalData
The growing interest in hyper-realistic replicas of food is beyond a culinary trend. It is changing a cultural phenomenon, and the way tourists and food lovers experience the Japanese cuisine. These replicas are beautiful models that have been made to display menu items in the restaurant windows, and they have now become immersive attractions that […]
Indian pharma companies focus on innovative research in foreign countries through dedicated entities, says GlobalData
Indian pharma players have increased their focus on innovative research and development (R&D). Historically, the majority of Indian companies used to execute their innovative research and development (R&D) from India. However, Indian companies have started establishing dedicated research companies in Western countries as well. Against this backdrop, the success of these dedicated research companies will […]
Meal deals become mainstay of QSR operations in APAC, says GlobalData
Meal deals have emerged as a significant offering in the foodservice sector, particularly at quick-service restaurant (QSR) establishments, where they are characterized by a combination of a main item such as a burger or a sandwich, a snack, and a beverage, sold in combination at a lower price than the sum of the individual items. […]
US VC funding reaches $125 billion during January-November 2024, finds GlobalData
The US-based startup ecosystem witnessed announcements of a total of 4,463 venture capital (VC) deals during January to November 2024 with a disclosed funding value of $125 billion, marking a significant year-on-year (YoY) improvement in total funding value despite a decline in the number of VC deals volume, according to GlobalData, a leading data and […]
APAC exhaust and ICE after-treatment market to decline at negative 2% CAGR over 2024-29, forecasts GlobalData
As environmental sustainability concerns continue to grow, electrification has become a key focus for governments worldwide, with the Asia-Pacific (APAC) region at the forefront of this transition. China, being the largest market for electric vehicles (EVs), is leading the charge, while other Asian nations such as Japan, South Korea, India, and Indonesia are implementing policies […]
2024 Davis Cup Finals generates estimated $11.89 million in sponsorship revenue, reveals GlobalData
The 2024 Davis Cup Finals saw partnerships from 16 brands, with UniCredit securing the most substantial agreement in terms of annual value among the sponsors. The partnership, which was announced in June 2024 and is set to continue until the end of the 2026 season, sees UniCredit serve as the official banking partner of the […]
Oil & gas industry sees non-US hiring gaining momentum amid overall decline in jobs, says GlobalData
The oil & gas industry has seen a dip in active jobs (jobs open for hiring) in 2024, but hiring trends remain relatively better compared to pre-COVID levels. In 2024, countries with high job postings in the industry included the US, India, and the UK, while countries with high year-on-year (YoY) growth in job postings […]
Domino’s ad strategy focuses on indulgence, customization, and convenience to enhance customer experience, reveals GlobalData
The advertising strategy for Domino’s Pizza Inc (Domino’s) from 1st September to 30th November 2024 effectively captured audience attention by emphasizing indulgent food experiences, customizable options, and cost-effective deals according to the Global Ads Platform of GlobalData, a leading data and analytics company. The brand leverages its expertise in comfort food, creative promotions, and relatable […]
AD 12-month diagnosed prevalent cases to reach 42.42 million in 7MM by 2033, forecasts GlobalData
The burden of 12-month diagnosed prevalent cases of atopic dermatitis (AD) is forecast to increase at an annual growth rate (AGR) of 0.10% from around 42.02 million cases in 2023 to 42.42 million cases in 2033 in the seven major markets (7MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Atopic […]
Singapore PA&H insurance industry to surpass $8 billion by 2029, forecasts GlobalData
Personal accident and health (PA&H) insurance in Singapore is expected to grow at a compound annual growth rate (CAGR) of 6.6% from SGD8.5 billion ($6.2 billion) in 2024 to SGD11.7 billion ($8.6 billion) in 2029, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company. GlobalData’s Insurance Database, reveals that […]
2024 World Series to generate estimated $814.80 million in sponsorship revenue, reveals GlobalData
With 47 brands sponsoring the 2024 World Series, the competition’s largest sponsorship deal in terms of annual value is joint between both Nike and SeatGeek, both worth a reported $100 million each. SeatGeek has agreed a five-year deal to become the official secondary ticket marketplace of MLB, as of the 2023 season. Nike has agreed […]
Enterprise ICT market revenue in Vietnam to witness 16% CAGR over 2023-2028, forecasts GlobalData
The enterprise ICT revenue opportunity in Vietnam is projected to increase at a compound annual growth rate (CAGR) of 16%, driven by the acceleration in enterprise digital transformation efforts, especially in banking, financial services and insurance (BFSI) segment – the largest end-use market for ICT in the country, according to GlobalData, a leading data and […]
Google’s quantum computing gambit pays off in a turbulent market, reveals GlobalData’s Technology Foresights
In a remarkable turnaround from a challenging year marked by intensifying AI competition that threatened its dominance in internet search, Google is closing 2024 on an optimistic note. The tech giant’s stock has surged nearly 14% over the past month, rebounding from previous quarterly lows. While the company is busy releasing substantial enhancements to its […]
Quality remains top priority for parents in purchasing baby care products in APAC, says GlobalData
Growth in the Asia-Pacific (APAC) region is projected to slow over the next few years, impacted by an ageing population, trade tensions, and greater policy uncertainty. However, parents’ focus on the quality of ingredients used in baby care and childcare products remains high despite concerns over their financial situation. Aligning with this, 37% of respondents […]
Enterprise ICT market revenue in Philippines to register 10.9% CAGR over 2023-2028, forecasts GlobalData
The enterprise ICT market in the Philippines is projected to grow at a compound annual growth rate (CAGR) of 10.9%, mainly led by IT services, more specifically cloud computing and BPO service segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Philippines Enterprise ICT Country Intelligence Report shows that the ICT market size in […]
China to spearhead global ethylene oxide capacity additions through 2028, says GlobalData
China is likely to register the highest ethylene oxide capacity additions globally by 2028, contributing about 75% of the total capacity additions from upcoming planned and announced projects, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Ethylene Oxide Industry Capacity and Capital Expenditure Forecasts with Details of Active and Planned Plants […]
Telecom and pay-TV services revenue in New Zealand to grow at 1.5% over 2024-2029, forecasts GlobalData
The total telecom and pay-TV services revenue in New Zealand is expected to see a marginal yet consistent increase from $3.2 billion in 2024 to $3.4 billion in 2029, a compound annual growth rate (CAGR) of 1.5%. This will be supported by revenue growth in the mobile data, fixed voice and fixed broadband segments, says […]
Virtual reality revolutionizes training and operations in oil and gas industry, reveals GlobalData
Virtual reality (VR) primarily has applications around training across the oil and gas value chain, i.e., from rigs and pipelines to refineries. Industry leaders such as Shell, and ExxonMobil are using VR simulations to train their employees in critical operations. This provides a highly safe and cost-efficient approach to introduce personnel to a new facility […]