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Water is an everyday necessity, associated with life, healthiness and purity. To sustain this image, water packaging should feature simple and recyclable design. Since the impact of plastic packaging on the environment is widely discussed, canned water brands have an important role to play to reduce packaged water’s impact on the environment, says leading data […]
Global mobile banking usage highest in India, while Sweden sees fastest growth, says GlobalData
India leads the world for regular mobile banking usage as a proportion of online consumers with current accounts, while Sweden has risen to second place in the global rankings thanks to the fastest growth of any country between 2016 and 2018, according to leading data and analytics company GlobalData. Consumers in the majority of global […]
a2MC and Yuhan’s partnership in South Korean infant formula market is perfect timing, says GlobalData
The partnership between a2 Milk Company (a2MC) and Yuhan Corporation (Yuhan) comes at the perfect time to capitalize on the infant formula market in South Korea, as consumers are showing an increasing openness to switching brands, according to leading data and analytics company GlobalData. New Zealand-based a2MC has entered into an exclusive sales and distribution […]
Small biotech companies dominate the pipeline for Microbiome-targeted therapies, says GlobalData
With smaller biotech companies dominating the pipeline for microbiome-targeted therapeutics, large pharma firms, such as Johnson & Johnson (J&J), are eager to collaborate with biotech companies and academic labs to further the development of microbiome-targeted therapeutics in immunology, according to leading data and analytics company GlobalData The company’s report ‘Microbiome-Targeted Therapeutics in Immunology’ focuses on […]
India has highest prevalence of anemia among 16 major pharma markets, finds GlobalData
India has the highest prevalence of anemia at 39.86% among the 16 major pharmaceutical markets (16MM*), primarily due to poor eating habits and lack of proper healthcare, according to leading data and analytics company GlobalData. GlobalData’s epidemiological analysis of anemia found that the disease burden varies significantly by country and is quite common even in […]
Robotics has highest investors-to-idea ratio among emerging technologies, says GlobalData
Among all the emerging tech companies globally, those working on robotics have witnessed the highest investor interest with a significant 2.93 investors-to-idea ratio (number of venture capital investors/ number of funded companies/ideas) in 2017, according to GlobalData, a leading data and analytics company. Although Artificial Intelligence (AI) is ahead of all technologies in terms of […]
Bancassurers leverage blockchain to further penetrate insurance in APAC, says GlobalData
The open architecture integration model supported by regulators in China, Hong Kong and India, among others, in a push for open banking, has empowered bancassurers to seek new technologies, such as Blockchain and APIs, to further penetrate insurance according to leading data and analytics company GlobalData. Ever since bancassurance emerged for the first time in […]
Ongoing trade war with China can harm US biopharma innovation, says GlobalData
The ongoing trade war between the US and China will have huge ramifications on the biopharmaceutical industry for both countries. However, it appears that China is in a much better position from a negotiation standpoint, according to leading data and analytics company . On 3 April 2018, the US Trade Representative’s (USTR) office announced its […]
Battle for the Indian VoD market intensifies with the arrival of international players, says GlobalData
The era of video on demand (VoD) is rapidly gripping the Indian entertainment industry by virtue of the increase in both international and domestic over-the-top (OTT) players, says leading data and analytics company . The digital media frenzy and the popularity of these players is a testimony that digital video content is going to follow […]
Telcos investing in VRAR to tap revenue streams beyond 5G, says GlobalData
Telcos are becoming interested in the potential revenue streams related to virtual and augmented reality (VRAR), since it is not only a vehicle for 5G monetization, but can also bring growth opportunities in connectivity, content innovation and service platforms, says leading data and analytics company GlobalData. The company’s report, ‘Telcos and Virtual and Augmented Reality […]
Investments in Asia-Pacific shift focus to online retail channel, says GlobalData
Majority of the VC funding is centred around APAC region Venture capitalists (VCs) are looking to capitalize on the growing demand for online retailing, especially in the Asia-Pacific (APAC) region, which can be attributed to the increasing use of smartphones coupled with growing internet penetration, according to leading data and analytics company GlobalData. The company’s […]
Global IT services contracts value continued to decline in 2017, finds GlobalData
IT services deals experienced a steep decline in 2017, both in terms of the number of deals and total contract value (TCV), compared to both 2016 and 2015. While the TCV witnessed a significant annual decline of 33.3% in 2017 to reach a value of US$61.4 billion, the number of deals announced (4,099) saw a […]
Localism sentiment is most positive among Japanese and Australian consumers, says GlobalData
A wave of Localism is sweeping across the globe as consumers are increasingly opting for local brands rather than foreign products, driven by anti-globalization, sustainability, health-consciousness and ethnocentrism, says leading data and analytics company GlobalData. The company’s report, ‘TrendSights Analysis: Localism’, reveals that Localism offers significant growth opportunities for most fast-moving consumer goods (FMCG) brands. […]
Wealth managers need to up their game to reach out to Australian HNW expats, says GlobalData
With fierce competition for high net worth (HNW) expat clients in Australia, wealth managers who are able to on-board clients in a foreign country and assist them during relocation will enjoy a competitive advantage, says leading data and analytics company GlobalData. Australian HNW expats are a lucrative target segment thanks to their more complex servicing […]
Craft beer fatigue is sending beer and cider consumers in APAC in search of new options, says GlobalData
Alcoholic beverage consumers tend to be novelty seeking, but constant bombardment with craft launches and unusual flavors has led consumers to feel that they are overloaded with choice, says leading data and analytics company leading data and analytics company GlobalData. The news that more than half (57%) of beer and cider consumers in Asia-Pacific (APAC) […]
MATS technology a game-changer for packaged food and beverages brands, says GlobalData
Microwave-assisted thermal sterilization (MATS) could potentially have a significant impact on the packaged foods and beverages sector, as global consumers are increasingly choosing prepared foods, according to leading data and analytics company GlobalData. The company’s report, ‘Microwave-Assisted Thermal Sterilization Food Processing Technology’ states that enhanced quality and sensory benefits, preservation without the use of additives […]