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JP Morgan held the top rank in the latest global mergers and acquisitions (M&A) league table of the top 10 financial advisers for the information and communication technology (ICT) sector based on deal value in the first half (H1) of 2019, according to GlobalData, a leading data analytics company. The New York-based financial institution took […]
Cash losing relevance in India’s e-commerce market, says GlobalData
India’s e-commerce consumer payments for goods and services market is set to increase from US$49bn in 2019 to US$91bn by 2023, according to GlobalData, a leading data and analytics company. Indian consumers’ preference for cash is declining, and its share has halved in the last 12 months. Cash now accounts for just 8.8% of all […]
Aging to weigh on economies of all countries in Asia-Pacific by 2025, says GlobalData
The consistent supply of a young work force has benefited most cities in the Asia-Pacific (APAC) region over the last few decades. However by 2025, 710 metropolitan areas/cities across APAC will be home to an estimated 226 million elderly people (aged 65 and over), who will account for 11.4% of the total population. This demographic […]
Goldman Sachs tops GlobalData’s top 10 global M&A financial adviser league table in consumer sector for H1 2019
Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the consumer sector based on deal value in the first half (H1) of 2019, according to GlobalData, a leading data and analytics company. The investment bank advised on 24 deals worth a combined US$43.4bn, including the […]
Pay-TV penetration in APAC set to decline marginally through 2023 due to cord cutting in developed markets, says GlobalData
Cord-cutting in developed Asia-Pacific (APAC) is set to offset gains in Direct-to-Home (DTH) and Internet Protocol television (IPTV) in emerging APAC (South and Southeast Asia) and as a result, the overall region is forecast to witness a marginal decline in pay-TV household penetration from 67.4% in 2018 to 67.0% by the end of 2023, according […]
US-China trade war offers window of opportunity for Indian pharma sector, says GlobalData
The ongoing US-China retaliatory trade war, under which both the governments are slapping punitive tariffs on various imported products from each other, provides a window of opportunity for the Indian pharma firms to penetrate the Chinese healthcare market and reduce trade deficit, says leading data and analytics company GlobalData. On 4 May 2018, China announced […]
Indian players have to explore M&As and alliances to grab major slice of global biosimilar pie, says GlobalData
Biopharmaceuticals accounted for nearly 25% of the global pharmaceutical market revenues from marketed drugs (~$1,100bn) in 2016. To add to this, the patent expiry of the leading 10 biologic drugs represents a massive $70bn opportunity for pharma companies over the period 2015-2020. Against this backdrop, Indian generic pharma players will have to explore M&As and […]
Alternative payments outnumber traditional payment methods in APAC e-commerce market, finds GlobalData
Alternative payment methods such as mobile and digital wallets are steadily displacing traditional payment methods such as cards, bank transfers and cash/cheques in the Asia-Pacific (APAC) e-commerce market, finds leading data and analytics company GlobalData. The company forecasts the APAC e-commerce market to grow from $1.6 trillion in 2018 to $2.3 trillion in 2022. According […]
Asian cities dominate top 10 rankings of international tourist arrivals in 2017, says GlobalData
Asian cities had outnumbered their counterparts in Europe and America in terms of international tourist arrivals in 2017, according to leading data and analytics company GlobalData. Asia was represented by seven cities—Bangkok, Singapore, Hong Kong, Tokyo, Seoul, Kuala Lumpur and Shenzhen—while Europe, Middle East and America were limited to one city each—with London, Dubai and […]
GlobalData launches new Enterprise IoT Platform coverage, names IBM and SAP as leaders
GlobalData, a leading data and analytics company, has published a new Competitive Landscape Assessment for Enterprise Internet of Things (IoT) Platforms. The company’s report provides a comprehensive analysis of this dynamic and highly competitive space with profiles, rankings and comparisons of 11 of the top global platforms. Enterprise IoT Platforms have become important enablers across […]
Petronas-Sarawak oil dispute may complicate Malaysian regulatory landscape, says GlobalData
The outcome of the federal court case brought by state-owned oil company Petroliam Nasional (Petronas) against the Sarawak state government’s assertion of full regulatory control of Malaysia’s upstream sector could complicate regulatory landscape, says leading data and analytics company GlobalData. At the heart of the dispute is the status of the 1974 Petroleum Development Act, […]
Women around the world use cash more frequently than men, find GlobalData
Women tend to use cash 6% more frequently than men at a global average, which is a very common trait across all the markets, according to a consumer payments survey conducted in 2017 of 30,000 consumers across 35 markets by leading data and analytics company GlobalData. The company found that majority of consumers feel most […]
Number of Immuno-Oncology (IO) trials in China surge by more than 50% in 2016 and 2017, finds GlobalData
In recent years, China increased its focus on the clinical trial investigation of immuno-oncology (I/O) drug candidates. The number of clinical trials recorded a compound annual growth rate (CAGR) of ~34% since 2008, according to leading data and analytics company GlobalData. GlobalData identified 819 clinical trials that have been initiated in the last 10 years […]
More than half of osteoporosis cases in 7MM are undiagnosed, says GlobalData
Osteoporosis has become a highly prevalent disease across the globe. The number of osteoporosis cases and fractures occurring due to this problem is steadily increasing as the average life span has improved. Despite increased awareness of the disease, more than half of the cases years in the seven major markets (7MM: US, France, Germany, Italy, […]
AI, IoT and blockchain dominate influencer mentions during in Q1 2018, says GlobalData
Artificial Intelligence (AI) has emerged as the most frequently mentioned theme in discussions among the key disruptive technologies during the first quarter (Q1) of 2018 on Twitter, according to leading data and analytics company GlobalData. An analysis from GlobalData’s influencer platform revealed that AI was way ahead of other disruptive technologies with more than one-fourth […]
Premiumization opportunities abound in Singapore wine market, says GlobalData
Led by the still wine category, the Singapore wine market is expected to record a compound annual growth rate (CAGR) of 5.1% over the period 2016–2021 to reach a market value of US$1.4bn by 2021, according to leading data and analytics company GlobalData. The Singaporean wine market grew at a CAGR of 5.5% during 2011–2016. […]
Domestic tourist expenditure in China hit $679bn in 2017 thanks to burgeoning middle class, says GlobalData
In 2017, Chinese tourists made 2.8 billion trips within the country compared to 136.5 million outbound trips. The trend reflects in tourist spending, as total outbound tourist expenditure stood at $220.6bn, whereas domestic tourist expenditure registered $679.1bn in 2017, according to leading data and analytics company GlobalData. China is the largest domestic and outbound travel […]
Brands need to communicate insect protein benefits to facilitate adoption, says GlobalData
The greatest barrier to the uptake of insect protein is that consumers are simply unaware of the numerous benefits of insect proteins, with 38% of global consumers saying they are not familiar with the ingredient, according to research by leading data and analytics company GlobalData. The company found that while 17% of consumers surveyed had […]
Candies with tangy twist emerge as trending flavor in India, says GlobalData
Growing demand for exciting flavors is prompting companies in the Indian hard boiled sweets market to explore new flavor combinations in a single candy and offer a unique consumption experience, according to leading data and analytics company GlobalData. Tapping this trend, DS Group launched Pulse branded hard boiled sweets in flavors such as raw mango, […]
5G may usher in next wave of satellite communications, says GlobalData
By augmenting fifth generation (5G) mobile networks with next-generation satellite capabilities, satellite operators have an opportunity to become a major player in the emerging 5G ecosystem, says leading data and analytics company GlobalData. Sluggish speeds, high latency and lower reliability compared to traditional fiber and digital subscriber line (DSL) options have restricted satellite’s role to […]