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Following the release of GlobalData’s latest report, “2025 Winners and Losers in the Global Retail Market,” which reveals that consumers are continuing to spend on retailers offering heightened levels of convenience, whether online or instore; Emily Scott, Retail Analyst at GlobalData, a leading data and analyst company, offers her view: “As consumer expectations of convenience […]
Negative pressure wound therapy devices market in India poised for 4% CAGR through 2033, forecasts GlobalData
Chronic wounds such as diabetic foot ulcers and pressure ulcers are becoming increasingly common in India due to various factors such as the rising prevalence of diabetes, sedentary lifestyles, and an aging population. Against this backdrop, the negative pressure wound therapy market in India is set to grow at a compound annual growth rate (CAGR) […]
Valentine’s Day marketing embraces individualism in India as brands defy stereotypes, finds GlobalData
As Valentine’s Day approaches, brands are leveraging the spirit of love to craft innovative and inclusive marketing strategies, resonating with India’s increasingly individualistic consumers. Embracing diversity and self-expression, companies are tapping into the desire for personalized experiences, driving sales by offering products that align with the values and interests of a youthful demographic, says GlobalData, […]
Winning more Boomers spend could be the key to recovery for John Lewis and Waitrose after announcing 11,000 jobs cuts
While Millenials and Gen Z are often viewed as the key growth segments, Boomers are still big spenders, and there are things more traditional retailers like John Lewis and Waitrose can do to keep winning their spend. Winning more Boomers spend could play a key role in the recovery of John Lewis and Waitrose after […]
As retail theft forces shop merchandising back to the 1920s, is the modern store concept under threat? asks GlobalData
Retailers need a multifaceted approach to overcome theft and shrinkage and ensure a secure and enjoyable shopping experience for all. Theft and shrinkage of goods is one of the enduring problems faced by retailers globally. However, recent months have seen a spate of news stories about more eye-catching crimes, including daytime flash mob robberies, observes […]
LMC International becomes GlobalData: Fully integrating into the GlobalData family as one brand, one platform
London, United Kingdom, 15 September 2023 – Following GlobalData’s acquisition of LMC in December 2021, we are pleased to announce that LMC International has officially rebranded as GlobalData. This transformation marks a significant milestone in GlobalData’s growth strategy and highlights our combined commitment to provide gold standard data, unparalleled expertise, and insights into the Agribusiness […]
VC investment in US plunges 50.2% YoY to $55.3 billion during January-May 2023, reveals GlobalData
Venture capital (VC) funding activity in the US experienced a significant decline during January to May 2023. A total of 3,532 VC funding deals of worth $55.3 billion were announced in the US during the period. This represents a year-on-year (YoY) decline of 36.4% in terms of volume announced and a massive 50.2% in terms […]
Arbutus patent suit against Pfizer demonstrates litigious environment in mRNA therapy, says GlobalData
Arbutus Biopharma and Genevant Sciences have recently brought a patent lawsuit against Pfizer and BioNTech in the US federal courts, surrounding the use of the lipid nanoparticle (LNP) technology used in the latter’s COVID-19 vaccines. The claim follows positive developments for the plaintiffs in their very similar lawsuit brought against Moderna last year. This latest […]
Fields and refineries will lead upcoming project starts in Nigeria during 2023–2027, finds GlobalData
In the Nigerian oil and gas sector, fields and refineries are set to lead upcoming project starts, accounting for about 57% of the total project starts between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Africa Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development Stage, […]
Credit Suisse rescue sees global private banking space become worryingly concentrated with 6.2% of global market share in one bank, says GlobalData
Following the news that UBS has agreed to buy crisis hit Credit Suisse; Andrew Haslip, Head of Wealth Management at GlobalData, offers his view: “While the deal is troubling for several reasons, in terms of the private wealth management space it creates a superpower that could dominate the industry. The combination of Switzerland’s two leading […]
Offshore wind key to achieve US climate goals, says GlobalData
A combination of factors such as complex regulations, lack of consistent and substantial federal support and high costs have hindered the growth of offshore wind in the US. However, offshore wind has several advantages over other forms of renewable energy, which makes it a valuable addition to the energy mix, especially as the US looks […]
5G to boost overall mobile service revenues in Thailand through 2026, forecasts GlobalData
The total mobile service revenue in Thailand is poised to increase at a compound annual growth rate (CAGR) of 6.3% from US$8.9bn in 2021 to US$12.1bn in 2026, mainly supported by increase in 5G subscriptions and rising data average revenue per user (ARPU), according to GlobalData, a leading data and analytics company. An analysis of […]
Taiwan fixed broadband service revenues to grow at 4.1% CAGR between 2021 and 2025, forecasts GlobalData
The total fixed broadband service revenue in Taiwan is expected to grow at a compound annual growth rate (CAGR) of 4.1% from US$1bn in 2021 to US$1.2bn in 2026, driven by the continued rise in cable and fiber-to-home (FTTH) broadband subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Taiwan Fixed Communication Forecast […]
Over four million active jobs up for grabs in September globally, having grown by 9.1% MoM, finds GlobalData
In September 2021, the number of active jobs rose 9.1%, compared to August 2021 Senior-level job postings increased by 4%, month-on-month (MoM), September 2021 verses August Job postings in the travel and tourism sector grew 5% MoM between August and September 2021 Job postings marginally declined MoM in September 2021, verses August, but the number […]
Amazon’s household robot Astro an essential move to help company develop skills in consumer robotics, with market set for 29% growth by 2030, says GlobalData
Amazon wants to integrate its e-commerce and consumer electronics businesses even further into its customers’ everyday lives Amazon leads in robotics hiring, with almost 1,300 active job postings, but lags in robotics patent filings Amazon is attempting to break into the consumer robotics market, which is predicted to grow at a 29% CAGR between 2020 […]
Premier League club sponsorship revenue up 6.9% to $1.5bn for the 2021/22 season
Following the COVID-19 pandemic, the world’s richest soccer league is attempting to return to record revenue levels once again. With the media rights market plateauing, Premier League clubs are placing an increased emphasis on sponsorship as a means of driving additional revenue, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Business of […]
HER2+ breast cancer market to reach $12.1bn by 2030 in the 8MM driven by launch of five pipeline agents and label expansions in earlier settings, says GlobalData
The HER2+ breast cancer market is expected to experience low growth from $10.4bn in 2020 to $12.1bn in 2030 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 1.5%, according to GlobalData. The leading data and analytics company notes that growth will be driven by the anticipated launch of five […]
Civil unrest in South Africa to derail economic recovery in 2021, reveals GlobalData
Following the civil unrest in South Africa following the arrest of Former President Jacob Zuma; Jasleen Sandhu, Economic Analyst at GlobalData, a leading data and analytics company, notes her research into the economic impact of both this unrest and COVID-19 recovery: “GlobalData has marginally lowered its 2021 GDP growth rate forecast for South Africa from […]
Hydrogen strategy could still leave UK lagging European peers, says GlobalData
Following today’s news (Tuesday 17 August) that the UK Government has published its first National Hydrogen Strategy supporting both, green and blue hydrogen. Barbara Monterrubio, Energy Transition Analyst at GlobalData, a leading data and analytics company, offers her view on the targets for the sector: “After months of delays, the UK National Hydrogen Strategy will […]
Building further on the spectacular Q1 2021, the top 25 global banks continued to maintain growth momentum in market values in Q2 2021 says GlobalData
The aggregate market cap of the global top 25 banks* increased to $3.8 trillion, reflecting an increase of 3.3% over Q1 2021 with 17 players reporting growth over the previous quarter says GlobalData, a leading data analytics and research company. The most impressive performers were Morgan Stanley, Wells Fargo, Goldman Sachs, Commonwealth Bank of Australia, […]