GlobalData

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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.

APAC dominates turbine market as OECD curbs coal installs

APAC dominates turbine market as OECD curbs coal installs

The region is expected to hold 76.9% of global steam turbine share in 2025.

News

9 hours ago

Insurers face 13.8% IT surge as legacy systems drag

Property and casualty carriers are also projected to post a 12.9% rise this year.

In Focus

Banks face budget squeeze from AI and legacy systems

Corporate IT allocations are projected to keep climbing through 2027.

In Focus

IoT boom drives Japan’s mobile revenue to $51.4b, surpassing human users

GlobalData forecasts $2.7b revenue rise by 2030 driven by 7.2% M2M and IoT growth.

News

APAC battery construction to hit $45.4b by 2027 despite slowdown in execution

EVs and energy storage systems demand will drive regional growth.

News

Japan life premiums grow 5.4% CAGR amidst yield volatility

Gross written premiums are projected to reach $334b by 2030 following a 2024 contraction.

In Focus

APAC digital banking market to hit $5.12t by 2033

Market Data Forecast projects a 9.43% CAGR through the next decade.

In Focus

Can China’s $140b motor insurance market survive a 70% loss ratio?

Loss ratios surged from 57% to 70% in four years as NEV repair costs and parts prices spiked.

In Focus

Top 25 banks reach $6.1t market value in Q4 2025

GlobalData said banks are entering 2026 with a more stable outlook.

News

Global wind installations to reach 934.6 GW by 2030

China's major manufacturers are increasingly concentrating global market share leadership.

News

Can solar and offshore wind replace nuclear as Taiwan’s primary power source by 2035?

Natural gas, meanwhile, will provide essential baseload power following the 2025 nuclear exit.

News

Why are floods driving Thailand property insurance growth?

Gross written premiums are expected to rise from $1.7b in 2026 to $2b by 2030.

In Focus

China life premiums projected to rise from $679.5b in 2026 to $927.5b in 2030

This represents a CAGR of 7.9% in direct written premiums.

In Focus

Solar PV and inverters market to reach $115.8b by 2030

APAC will lead this growth.

News

What will drive Singapore’s general insurance market to bag $6.5 by 2030?

PA&H market alone is projected to make up a fourth of the sector’s total premiums.

In Focus

Why 1 in 5 think AI will replace human insurance agents

Over half were comfortable using AI with a human option available.

News

Why is cyber insurance the most in-demand coverage today?

27.4% believe cyber insurance will see the highest increase.

In Focus