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Sector Analysis
NewFuture of Pharma – Looking Ahead to 2024
This report provides a summary of the near and long-term future of the pharmaceutical industry from the standpoint of drug development. It provides a high-level analysis of key trends and movements within the industry via regulatory, clinical, and market-based analysis, allowing you to discern the large-scale changes and how best to pivot and prioritize them within your sectors.
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Analyst Opinions
NewUnited Kingdom (UK) Commercial Insurance Distribution Dynamics by Channels and Future Market, 2024 Update
This report discusses the distribution landscape of UK commercial insurance. Each channel is discussed in turn, with a particular focus on the broker channel, which dominates the space. Analysis of responses to GlobalData’s 2024 UK Commercial Insurance Broker Survey offers insight into brokers’ growth and digital transformation strategies going forward. The SME market is also discussed, with due consideration given to smaller businesses and their comparatively simple insurance needs. The report finishes by providing an outlook on the future of...
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Sector Analysis
NewInternet from Sky – Can LEO Satellites Transform the Future of Connectivity? (Vol. 2)
LEO Satellites - Internet from Sky Report Overview The surge in low earth orbit (LEO) satellite projects indicates a global trend toward diversifying internet coverage. This trend focuses on bridging the digital divide and enhancing real-time data transmission for various sectors, including aerospace and defense. LEOs provide a competitive edge due to their lower latency, and their increasing deployment signifies a pivotal shift toward a more connected future. LEOs are more secure than terrestrial networks as communication happens in space...
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Analyst Opinions
NewUnited Kingdom (UK) Bancassurance Distribution Dynamics and Future Market, 2023 Update
United Kingdom (UK) Bancassurance Distribution Market Overview Bancassurance represents a strategic alliance between banks and insurance companies, designed to offer customers the convenience of purchasing insurance products in conjunction with banking services. The banking channel accounts for the highest share of total personal and commercial lines distribution in 2023. App purchases through the bank channel increased with no other channel recording a higher proportion of purchases via apps. This could be because of banks’ intensified focus on digitalization, resulting in...
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Analyst Opinions
NewUnited Kingdom (UK) Whole of Life Assurance Distribution Dynamics and Future Market, 2023 Update
The United Kingdom (UK) Whole of Life Assurance Market Report Overview Consumers are struggling to find the information they need on their insurance providers’ sites. This resulted in a decline in consumers visiting their existing provider’s website in 2023 compared to 2022. The United Kingdom (UK) whole of life assurance market research report explores consumer purchasing preferences for whole of life assurance, as well as their changes over time. It identifies what is most influential to customers when purchasing a...
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Analyst Opinions
NewUnited Kingdom (UK) Personal Lines Insurance Distribution Dynamics and Future Market, 2023 Update
United Kingdom (UK) Personal Lines Insurance Market Report Overview The direct channel was the preferred choice for personal insurance purchases in the UK in 2023. Consumers are increasingly opting for online insurance purchases driving insurers and distributors to continue enhancing their online capabilities. Consumers prioritize affordability and trustworthiness when selecting an insurance provider, regardless of distribution channel. Hence, across all lines of distribution, the primary factors influencing consumers’ choice is either related to the cost of premiums or the provider’s...
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Analyst Opinions
NewUnited Kingdom (UK) Income Protection Insurance Distribution Dynamics and Future Market, 2023 Update
United Kingdom (UK) Income Protection Insurance Market Report Overview Price is a prominent factor in the consumer’s decision-making process while purchasing insurance. Hence, in 2023, price comparison websites (PCW) remained their preferred pre-purchase activity. The proportion of consumers who visited their existing provider’s website and researched via broker/insurer websites increased in 2023 compared to the previous year. This suggests that consumers are seeking more detailed information from provider sites. The United Kingdom (UK) Income Protection Insurance market research report provides...
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Sector Analysis
NewUnited Kingdom (UK) Critical Illness Insurance Distribution Dynamics and Future Market
United Kingdom (UK) Critical Illness Insurance Market Report Overview The COVID-19 pandemic has left a lasting impact on consumers, highlighting the importance of mental and physical well-being and boosting awareness around the advantages of critical illness coverage. The total critical illness insurance market premiums was GBP28.7 million in 2022 and it will grow at a CAGR of more than 7% from 2022 to 2027. The UK critical illness insurance market research report explores consumer purchasing behaviors for critical illness insurance...
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Sector Analysis
NewSouth America Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2024 Update
South America Destination Tourism Report Overview In 2023, international arrivals into South America reached 32.92 million travelers and will reach pre-pandemic levels in 2024. As per GlobalData, the number of international arrivals is anticipated to grow at a CAGR of more than 8% from 2023 to 2028. South America is well known for its natural attractions, with numerous iconic destinations such as Machu Picchu, the Galapagos Islands, the Iguazu Falls, and Patagonia. These locations offer a diverse range of experiences,...
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Sector Analysis
NewNorth America Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2024 Update
North America Destination Tourism Report Overview In 2023, international arrivals to the region reached 126.7 million, which is still lower than the pre-pandemic level seen in 2019. The numbers are however expected to surpass the pre-pandemic levels in 2024. As per GlobalData, the number of international arrivals will grow at a CAGR of more than 8% from 2023 to 2028, helped by the region’s reputation for attractive and varied landscapes, wildlife, sun and beach destinations, modern cities, and appeal for...