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The Parkinson’s disease (PD) market across the seven major markets (7MM*) is projected to grow at a compound annual growth rate (CAGR) of 8.9% from $3.4 billion in 2023 to $7.9 billion in 2033, driven by the introduction of 10 pipeline products, the increased adoption of novel levodopa delivery methods, and the rising prevalence of […]
GlobalData 2025 Cloud Predictions: AI and economics will drive growth and change in IaaS
2024 was a good year for hyperscalers and cloud providers who capitalized on their clients’ need for access to more processing and storage due to escalating growth in data volumes. The hyperscalers continued to expand their solution portfolios, creating in some cases almost unfathomably vast catalogues. While some businesses opt to repatriate some workloads to […]
Lantheus to strengthen position in nuclear imaging agents with recent acquisitions, says GlobalData
The demand for nuclear imaging agents is expected to grow significantly, driven by an aging population and advancements in imaging technologies. The industry is shifting toward more targeted, patient-specific solutions, particularly in neuroimaging and oncology, where early detection and personalized treatment are critical. Lantheus’ acquisition of Life Molecular Imaging and Evergreen Theragnostics will strengthen its […]
Personalized health & wellness for women, expanding flavor choice, and health longevity offer food and beverages brands growth opportunities in 2025, says GlobalData
The interconnectivity of all health concerns could offer food and beverages brands innovation opportunities in 2025 by addressing multiple wellness concerns at once. Several key trends are set to influence consumer purchasing behavior in 2025, including personalized health and wellness with a focus on women, health longevity, personalized products and experiences, and sustainability solutions aided […]
India startups raise $11.3 billion venture capital funding in 2024, reveals GlobalData
India saw a notable improvement in venture capital (VC) funding activity in 2024 compared to the previous year. While both deal volume and total funding value increased, the growth was particularly significant in terms of value. The number of VC deals rose by 6%, from 1,102 in 2023 to 1,168 in 2024, whereas the total […]
GlobalData 2025 Cybersecurity Predictions: AI to change and complicate the game
GlobalData expects in the coming year social engineering, regulatory compliance, and the need to streamline security infrastructure management to lead to shifts in the sector With every innovation that a legitimate developer creates, threat actors can and will weaponize. Despite advances in security technology, the threat environment will continue to be complex and challenging for […]
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 […]
VC funding in China shrinks 21.7% to $35.2 billion in 2024, finds GlobalData
A total of 2,537 venture capital (VC) funding deals were announced in China during 2024 while the total disclosed funding value of these deals stood at $35.2 billion. This represents a year-on-year (YoY) decline of 23.2% in VC deal volume, whereas the total disclosed funding value fell by 21.7% compared to the previous year, according […]
UK VC funding surges 16.3% to $16.6 billion in 2024 despite fewer deals, reveals GlobalData
The UK’s venture capital (VC) market experienced a decline in the number of deals announced in 2024, with 1,209 deals compared to 1,289 in 2023. Despite this, the total funding value rose by 16.3%, reaching $16.6 billion. This shift reflects a growing trend among VC firms to prioritize high-value investments in fewer, more promising startups, […]
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 […]
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 […]
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 […]
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 […]
Los Angeles wildfires to impact profitability of US property insurers, says GlobalData
The Los Angeles (LA) area in the US has witnessed a devastating impact from a series of wildfires that erupted since the second week of January. There were 312 wildfires that resulted in 28 deaths and the destruction of 16,255 structures as of 29 January, with the Palisades and Eaton wildfires continuing to burn, according […]
UK retailers prepare for a buoyant Valentine’s Day as more shoppers intend to spend, says GlobalData
Almost half of UK consumers intend to spend on Valentine’s Day this year or have already started to spend on it. This is an uplift on 2024 and has been driven by those aged 25-34. With this age group more likely to have young families, consumers plan to buy for partners and significant loved ones […]
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 […]
DeepSeek R1 sparks intense influencer discussions on AI costs and innovation, reveals GlobalData
DeepSeek, a rising AI startup from China, has quickly captured the attention of social media influencers with its R1 model, an advanced large language model (LLM) that challenges industry leaders like OpenAI and Anthropic at a fraction of the cost. Its efficiency in reasoning tasks, open-source framework, and minimal reliance on high-end GPUs have fueled […]
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 […]
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 […]
Global resale apparel market soars 17.6% to $204.7 billion in 2024, reveals GlobalData
The global resale apparel market experienced its fourth consecutive year of double-digit growth in 2024, driven by continued appetite for preloved fashion. The market witnessed a growth of 17.6% to reach $204.7 billion last year, outperforming the traditional apparel market, which only grew a meager 0.1%, reveals GlobalData, a leading data and analytics company. According […]