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As World Alzheimer’s Day 2019 approaches (21 September), with the aim this year of raising global awareness and understanding of the stigma, stereotypes and myths that surround a dementia diagnosis; Alessio Brunello, Pharma Analyst at GlobalData, comments that: ‘‘Its timely to reflect that no new drug for Alzheimer’s disease (AD) has been approved in the past 17 […]
Apple moves away from raising prices with new iPhone introductions to cater to consumer preferences
Following the news (Tuesday 10 September) that Apple introduced the iPhone 11 and iPhone 11 Pro; Lynnette Luna, Principal Analyst at GlobalData, a leading data and analytics company, offers her view on Apple’s iPhone announcements: “Apple demonstrated that it needs to cater to consumer preferences by cutting the introductory price of the new iPhone 11 […]
India’s general insurance market to cross US$40bn by 2022, says GlobalData
Growing middle class, increasing awareness of the need for protection and favorable regulatory landscape are expected to drive the general insurance market in India from INR1.6 trillion in 2017 (US$24.1bn) to INR2.9 trillion (US$40.1bn) in 2022, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Strategic Market Intelligence: General Insurance in India – […]
Global hemophilia A and B market set to reach $9.3bn by 2028
The hemophilia A and B market is expected to grow from $7.0bn in 2018 to $9.3bn by 2028 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 2.9%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Hemophilia A and B: Global Drug Forecast and Market […]
Utility-linked smart thermostats to account for 36% of $75bn automated home market by 2025
The automated home market exceeded $23bn in 2018 and is expected to reach $75bn by 2025, at an impressive compound annual growth rate (CAGR) of 18%, according to GlobalData, a leading data and analytics company. GlobalData’s latest theme report, ‘Thematic Research: Automated Home and Utilities’, states that growth will mostly be driven by smart thermostats, […]
British Airways’ 100-year history could help it regain reputation as 89% of UK population are influenced by familiar brands, says GlobalData
British Airways (BA) could face fines of around £8m in compensation pay-outs due to cancelled flights across Heathrow, Gatwick and London City airports in August. This all comes as BA celebrates 100 years since it started flying, with a star-studded advert designed to be ‘a love letter to Britain’ and a retro paint-job for four […]
Diagnosed prostate cancer cases to reach 0.67 million in the 8MM in 2028
Diagnosed incident cases of prostate cancer in the eight major markets (8MM*) are projected to increase from 0.56 million cases in 2018 to 0.67 million in 2028 at an annual growth rate (AGR) of 1.94%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Prostate Cancer – Epidemiology Forecast Report to 2028’, […]
Outbound GCC travelers spent over US$69bn worldwide in search of memorable and engaging experiences
As one of the largest outbound markets within the global travel industry, the Gulf Cooperation Council (GCC) saw travelers spend over US$69bn worldwide in 2018, an increase of 4.5% from 2017. The area is developing to become a powerful source market for any destination as outbound GCC travelers are seeking more engagement in a wider […]
Alopecia areata market set to be worth $1.7bn by 2028 driven by the launch of JAK inhibitors
The alopecia areata (AA) market is expected to grow from $655.4m in 2018 to $1.7bn by 2028 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 10.2%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Alopecia Areata: Opportunity Analysis and Forecasts to 2028’, found that […]
Asia and the Middle East to lead global SBR production capacity additions by 2023
Asia and the Middle East are set to lead the global styrene-butadiene-rubber (SBR) production capacity as they are poised to see moderate growth over the next five years, potentially increasing from a collective 8.14 million tonnes per annum (mtpa) in 2018 to 8.67mtpa in 2023 and registering a total growth of 7%, says GlobalData, a […]
Banks risk losing Hong Kong customers if they take a stance on the country’s protests
Following the news that HSBC, Standard Chartered and Bank of East Asia may face potential consumer backlash in Hong Kong after the companies spoke out against the recent violent protests in the country; Katherine Long, Banking Analyst at GlobalData, a leading data and analytics company, offers her view: “It is not surprising that Hong Kong […]
US$8.6 trillion of global HNW wealth will change hands over the next ten years
The sheer volume of high-net-worth (HNW) wealth changing hands over the next ten years will open the door for significant churn in the industry, warns GlobalData, a leading data and analytics company. The demographic makeup of the global HNW market differs notably from the wider population, given the above-average age of HNW individuals. According to […]
$54bn wearable tech industry offers immense opportunity for healthcare by 2023
Wearables have the potential to transform healthcare through the ability to remotely measure and analyse patient data in real-time. As the technology becomes more disease-specific with therapeutic and diagnostic capabilities it will ultimately lower costs and increase efficiencies, says GlobalData, a leading data and analytics company. In 2018, the wearable tech market was worth nearly […]
Global allergic rhinitis immunotherapy market set to reach $1.14bn by 2028 driven by growth in the US and Japan
The Allergic Rhinitis (AR) Allergen Specific Immunotherapy (ASIT) market is expected to grow from $901m in 2018 to $1.14bn in 2028 across the seven major markets (7MM*) at a modest compound annual growth rate (CAGR) of 2.3%, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Allergic Rhinitis Immunotherapy: Opportunity Analysis […]
Opening vape stores in NHS hospitals is a risky move as the long-term effects of e-cigarettes are still unknown
E-cigarettes may be on the rise, with *21% of UK consumers aged between 18 and 24 occasionally or regularly vaping in 2018, but it is risky for NHS hospitals to start showing support for the practice as the long-term effects of vaping are still unknown, says GlobalData, a leading data and analytics company. Last month, […]
Nursing home population in the 7MM, a high risk group for RSV infections, set to grow by 24% to 6.2m people by 2028
Respiratory syncytial virus (RSV), a common respiratory infection in children, has increasingly been identified as a leading cause of respiratory disease in the elderly. GlobalData, a leading data and analytics company, in their latest report, ‘GlobalData (2019). RSV – Epidemiology Forecast Report to 2028, July 2019’, reveals that the elderly group at risk for RSV […]
CBS-Viacom merger shows predictive power of GlobalData’s thematic research ecosystem
The news that US media groups CBS and Viacom are to merge in an $11.7bn deal is the latest example of the predictive power of GlobalData’s thematic research ecosystem in identifying future merger and acquisition (M&A) deals. Three predictions made in GlobalData’s recent thematic report: ‘M&A in tech, media and telecoms (TMT)’ published on 24 […]
SAP and Microsoft are among the leading application software companies in GlobalData’s machine learning theme
SAP, Microsoft, and Amazon are among the leading companies in the machine learning theme, according to the latest Thematic Scorecard for the application software sector from GlobalData. Machine learning is an application of artificial intelligence (AI) that gives computer systems the ability to learn and improve from data without being explicitly programmed. All three companies […]
Intel and Nippon Ceramic are among the leading component makers in GlobalData’s advanced manufacturing theme
Intel, Nippon Ceramic and Nabtesco are among the leading component makers in the advanced manufacturing theme, according to the latest Thematic Scorecard from GlobalData. All three companies gained the highest Thematic score (5 out of 5) for the advanced manufacturing theme in GlobalData’s Thematic Scorecard for the component makers sector. A Thematic score of 5 […]
Microsoft and CyberArk are the leading companies in GlobalData’s identity management theme for the security software sector
Microsoft and CyberArk are the leading companies in the identity management theme for the security software sector, according to the latest Thematic Scorecard from GlobalData. Identity management refers to software whose function is to ensure that the right people (or machines) have access to the parts of the IT system they require to fulfil their […]