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GlobalData

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Global duodenoscopes market set to grow at CAGR of 6.6% between 2015 and 2028, says GlobalData

The global duodenoscopes market is expected to grow at a compound annual growth rate of 6.6% from US$270m in 2015 to reach US$616m by 2028, according to GlobalData, a leading data and analytics company. Duodenoscopes are flexible, lighted tubes that are inserted through the mouth into the duodenum during  endoscopic retrograde cholangiopancreatography (ERCP), a procedure […]
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Fixed and mobile broadband services to drive telecom market growth in Malaysia between 2018 and 2023, says GlobalData

Supported by rising adoption of mobile data, fixed broadband and pay-TV services, the total telecom and pay-TV services revenue in Malaysia is poised to grow at a compound annual growth rate (CAGR) of 2% between 2018 and 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report ‘Malaysia Country Intelligence Report’ states that […]
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China set to contribute 34% of Asia and Oceania’s crude distillation units’ capacity growth by 2023, says GlobalData

China is expected to drive capacity growth of 34% in Asia and Oceania’s refinery crude distillation units (CDUs) from planned and announced (new-build) projects between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Refining Industry Outlook in Asia and Oceania to 2023 – Capacity and Capital Expenditure Outlook […]
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Rise in adoption of 4G and fixed broadband services prevents Indonesian telecom revenue growth from falling into red between 2018 and 2023, says GlobalData

The total telecom and pay-TV service market revenue in Indonesia is set to witness a marginal compound annual growth rate (CAGR) of 0.1% between 2018 and 2023, as the growth in mobile data and fixed broadband segments will partially offset the declining revenues from voice and pay-TV segments and help prevent the overall revenue growth […]
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Macau casinos contribute significantly to non-alcoholic beverages’ sales, says GlobalData

The casinos in Macau have been contributing significantly to the sales of non-alcoholic beverages categories such as carbonated drinks, energy drinks and even ready-to-drink (RTD) tea although they are primarily into alcoholic beverages across the world, says GlobalData, a leading data and analytics company. Priyanshu Rana, Consumer Analyst at GlobalData says: “Macau, which is popular […]
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Central Electricity Authority to monitor state discoms’ non-payment of US$420m to renewable generators, says GlobalData

The Central Electricity Authority (CEA) affirms that state discoms across India owe over US$420m (INR30.12bn) to renewable energy generation companies for 5,981.67MW of capacity supplied. The move to monitor and maintain a database by the CEA over non-payment of dues by state discoms will bring transparency and ease out payments, says GlobalData, a leading data […]
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New business opportunities unfold in low-code platforms injected with AI, says GlobalData

A new wave of low-code app platforms is leveraging artificial intelligence (AI) to increase efficiency and automate workflow controls, making this form of app development an important component in the application modernization toolbox, says GlobalData, a leading data and analytics company. Charlotte Dunlap, Application Platforms Principal Analyst at GlobalData, says: “The low-code approach is more […]
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Affluent population in China to surpass 56 million mark in 2022, says GlobalData

The number of affluent population, including mass affluents (holding liquid assets of US$50,000–1m) and High-net-worth (HNW) population (holding liquid assets of more than US$1m), is expected to grow from 40.13 million in 2018 to 56.67 million in 2022, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘China Wealth Management: Opportunities and […]
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Artificial Intelligence most mentioned theme by global CEOs among key disruptive technologies during H1 2019, reveals GlobalData

Artificial Intelligence (AI) has emerged as the most frequently mentioned theme among the key disruptive technologies in the discussions of the world’s leading CEO’s during the first half (H1) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s CEO Influencer Platform, which tracks over 300 of the world’s leading […]
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35% of consumers more likely to purchase products without any plastic at all compared to goods with recycled plastic, says GlobalData

Consumers’ purchasing choices are influenced by the reduced plastic content of a products packaging. In fact, 35% of consumers were more likely to purchase products without any plastic at all compared to ones with recycled plastic, according to GlobalData, a leading data and analysis company. George Henry, Consumer Analyst at GlobalData, commented: “This provides a […]
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Surge in demand of premium products paving way for FMCG brands to engage with wider range of consumers across APAC, says GlobalData

As consumers in Asia-Pacific (APAC) continue to move up the economic ladder, they are shifting their preferences towards more sophisticated products that offer better quality, flavor, taste and health benefits. As a result, FMCG brands are consciously innovating to create unique consumer ‘experiences’ rather than just products that are exclusive and convenience-based, says GlobalData, a […]
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