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Germany’s goal of putting 15 million battery electric vehicles (BEVs) on the road by 2030 is currently behind schedule as the global automotive industry struggles to procure key components such as microchips and the basic raw materials used in the manufacture of high voltage batteries including the elements lithium, nickel and cobalt. To reach this […]
Glaucoma market to grow to $3.5 billion by 2030, driven by launch of new pipeline products, says GlobalData
Steady growth is expected for the glaucoma market across the seven major markets* (7MM) from $2.8 billion in 2020 to $3.5 billion in 2030, at a compound annual growth rate (CAGR) of 2.0%, according to GlobalData. According to the leading data and analytics company’s latest report ‘Glaucoma – Global Drug Forecast and Market Analysis to […]
Secretary Austin likely to put pressure on key defense companies CEOs to keep hypersonic programs on schedule says GlobalData
The Defense Secretary Lloyd Austin’s upcoming meeting with CEOs of key defense companies to discuss hypersonics will focus on the Department of Defense’s (DoD) concerns about getting the programs to the development stage as well as lowering the associated cost says GlobalData, a leading data and analytics company. Hypersonic refers to aircraft, missiles, and rockets […]
Valentine’s Day top categories to focus on indulgence and fun this year, according to GlobalData survey
Premium positioning is a common theme present in GlobalData’s top Valentine categories, namely, prepared meals and meal kits, makeup, perfume, grooming products, and confectionery, as well as adult toys. The leading data and analytics company’s latest survey reveals that 58%* of people globally prefer medium- to high-priced confectionery, while hair and skincare stand at 56% […]
TMT IPOs had record year in 2021 with 72% growth year on year driven by ecommerce, mobile, fintech and cloud, says GlobalData
Tech, Media, and Telecom (TMT) IPOs had the strongest year for over 3 years in 2021 with $237 billion of IPO proceeds raised. Established themes have seen the most successful IPOs between 2018 and 2021, with ecommerce the strongest theme followed by mobile, fintech, and cloud. GlobalData, the leading data and analytics company notes that […]
Power sector top M&A financial advisers in 2021 were JP Morgan by value and Rothschild & Co by volume, finds GlobalData
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the power sector in 2021 by value and volume, respectively. JP Morgan advised on 22 deals worth US$73.4 billion and Rothschild & Co led in volume terms having advised on 32 deals worth US$48.9 billion. A total of 2,506 […]
Cryptocurrency sponsorship breaking into soccer with 46% of clubs in the major five European leagues holding at least one crypto partnership, says GlobalData
Nearly half of clubs in the Premier League, Serie A, La Liga, Bundesliga and Ligue 1 hold crypto partnerships Clubs in these leagues have secured over $182 million in 2022 Volume of new deals for European soccer clubs has grown over 200% in the last 2 years Cryptocurrency partnerships took off across the sports industry […]
Artificial intelligence M&A deals grow by a third in the last 12 months as defense companies focus on developing their own AI capabilities says GlobalData
Artificial intelligence (AI) sector deals have grown by 33.5% in the last 12 months, with the average deal being valued at $159 million, according to GlobalData. The leading data and analytics company confirms that the number of AI deals is likely increasing as the technology becomes more advanced and more companies see market opportunities in […]
US fixed wireless access subscriptions will capture 9% of broadband accounts by 2026 driven by user demand and government intervention, says GlobalData
Subscriptions for fixed wireless internet are gaining momentum in the United States, driven by a perfect storm of enabling factors. Chief among these is user demand and government efforts to see that this demand is satisfied, heightened data performance with 5G technologies, user friendliness from new technological approaches, and a desire by mobile operators to […]
North America continues to dominate global transmission pipeline length by 2025, says GlobalData
With its trunk/transmission pipeline network expected to reach a total length of 967,623 km by 2025, North America will continue to dominate global pipeline length with a maximum share of around 44%, says GlobalData, a leading data, and analytics company. GlobalData’s report, ‘Global Oil and Gas Pipelines Industry Outlook to 2025 – Capacity and Capital Expenditure […]
Hypersonic technologies become leading hiring sector after 22% jobs growth in 2021, says GlobalData
Jobs in hypersonic technologies have grown by 22% over the last year, alongside other cutting-edge sectors such as artificial intelligence with jobs growth of 56% and computer vision at 84%, according to GlobalData. The leading data and analytics company confirms that the current jobs growth in hypersonics has largely been seen in the US, where […]
International growth ambitions of Gulf telecoms providers to be driven by opportunities in enterprise market, says GlobalData
The Middle Eastern telecoms market is emerging as a hotbed of ambition and innovation at a time when many established service providers in Western markets are falling back on a more conservative approach. Gulf telecoms service providers are developing momentum in the enterprise sector and the potential to expand, says GlobalData, a leading data and […]
Roche’s Evrysdi set to reach $1.8bn by 2026 after positive EMA recommendation, says GlobalData
Roche recently announced that its product, Evrysdi (risdiplam), which was approved by the US Food and Drug Administration (FDA) in August 2020, was recommended for approval for the treatment of spinal muscular atrophy (SMA) in patients two month of age and older by the European Medicines Agency (EMA). GlobalData, a leading data and analytics company, […]
Airline sponsorship worth an estimated $737m to sports industry, according to GlobalData
85 airlines are currently engaging in sport sponsorship arrangements with 273 deals estimated to be active in 2021 UAE carrier Fly Emirates stands as the most committed airline with an estimated $218m in sponsorship Gulf airlines account for well over half of sector spend on sport sponsorship, at $394m, driven by Emirates, Qatar Airways and […]
Rolls-Royce embraces new mode of flying as push for green aviation heats up, says GlobalData
Following today’s news that Rolls-Royce and Tecnam have joined forces with Widerøe to deliver an all-electric passenger aircraft ready for service in 2026; Harry Boneham, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “It is becoming increasingly clear that a green revolution in commercial aviation is […]
Copper production in Peru is forecast to rise by 10.4% in 2021, says GlobalData
In 2020, Peru witnessed the highest fall in copper production in its history, mainly due to the COVID-19 pandemic, with an estimated decline of 13% to 2,137.6kt. In 2021, the country’s copper production is forecast to bounce back by 10.4%, to reach 2.4 million tonnes (Mt), and then 3.1Mt by 2024, equivalent to a compound […]
Biden presidency to ease region’s China dilemma
Following the news that the US Democratic Party candidate Joe Biden looks to have won the 2020 US Presidential Election after a tight race against Republican incumbent Donald Trump; Colin Foreman, Deputy Editor at MEED, part of GlobalData, offers his view: “The election of Joe Biden as the next US president could result in a softening […]
Dunelm bounces back after share loss in Q2
Homewares retailer Dunelm today released strong sales growth results for July and August. Emily Stella, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “Over lockdown, Dunelm lost circa 0.7 percentage points of homewares market share compared with the same quarter last year. This was as competitors, namely […]
Siemens ups stake to 67.1% to spin-off SGRE into Siemens Energy for the scale to win in wind
Siemens has bought out Iberdrola’s 8.1% stake in Siemens Gamesa Renewable Energy (SGRE) for a total cost of €1.1bn ($1.2bn), potentially ending a period of acrimony between the two companies and bringing a major customer back into SGRE’s fold. This price is equivalent to €20/share – a 32% premium on top of SGRE’s average share […]
T-Mobile and Sprint merger gets crucial approval, resulting in huge 5G spectrum cache
Following the recent news (Tuesday 11 February) that a federal judge has approved the merger of T-Mobile and Sprint; Lynnette Luna, Principal Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Almost two years after announcing plans to merge, it appears T-Mobile and Sprint will get the official go-ahead after a federal […]