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Following the news that online car selling platform CarDekho and digital payments company MobiKwik have joined the unicorn club in India; Swati Verma, Associate Project Manager of Thematic Research at GlobalData, offers her view: “India’s tech unicorn ecosystem is the third-largest in the world, behind only the US and China. Currently, the country boasts 48 […]
Japan to account for about 25% of Asia-Pacific thyroid function tests market, forecasts GlobalData
Japan is expected to account for about 25% of the total Asia-Pacific (APAC) thyroid function tests (TSH) market in 2021, driven by aging population and significantly better healthcare system compared to other large economies, forecasts GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Thyroid Function Tests (In Vitro Diagnostics) – Global Market Analysis […]
Covaxin success in 2-18 age group in India will depend on capability to meet demand, says GlobalData
Following the news that the Subject Expert Committee (SEC) provided a positive recommendation to the Drug Controller General of India (DCGI) for the use of Bharat Biotech’s Covaxin in 2-18 years age group for COVID-19; Prashant Khadayate, Director of Life Sciences Consulting and Research at GlobalData, a leading data and analytics company, offers his view: […]
China emerges as powerhouse for AI unicorns, says GlobalData Thematic Research
China’s startup ecosystem, which produced several world-leading companies, has been in the news in the recent past about the impact of the government regulations on the big technology firms. However, despite the regulatory shakeups and the COVID-19 pandemic notwithstanding, China has emerged as a powerhouse for artificial intelligence (AI) unicorns, according to Thematic Research at […]
Card payments in Taiwan to grow by 15.2% in 2021, says GlobalData
Taiwan’s payment card market, which sustained growth for the past few years, registered a slump in 2020 due to the COVID-19 pandemic. However, with gradual recovery in economic conditions and rise in consumer and commercial spending, the market is expected to rebound strongly by 15.2% in 2021, forecasts GlobalData, a leading data and analytics company. […]
AbbVie likely to retain key position in axial spondyloarthritis digital marketing space in Japan, says GlobalData
Historically, anti-tumor necrosis factor (TNF) drugs were the key biologic therapies available in Japan for axial spondyloarthritis (axSpA) treatment. However, the overall competition with the new class of marketed biologics such as anti-IL-17 therapies and the marketed biosimilars is expected to impact the sales of leading drugs — AbbVie’s Humira and Janssen’s/Mitsubishi Tanabe’s Remicade. Against […]
Aesthetic implants market in India to grow at 6.5% CAGR through 2025, forecasts GlobalData
Driven by rise in the number of surgical procedures, increasing prevalence of breast cancer and developing healthcare infrastructure, the aesthetic implants market in India is expected to grow at a compound annual growth rate of 6.5% between 2020 and 2025, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Aesthetic Implants (General Surgery) […]
Enterprise communication and collaboration spending in South Korea to increase at 1.7% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of communication and collaboration (C&C) infrastructure in South Korea, in terms of enterprise spending opportunity, is poised to grow at a 1.7% CAGR, supported by continued demand expected for conferencing services, communication platforms, and enterprise social networking and collaboration tools among enterprises, says GlobalData, a leading data and analytics company. […]
Neurology digital therapeutics market in Japan nascent, but several opportunities exist, says GlobalData
Digital therapeutics (DTx) uses digital technology to remotely prevent, treat, or manage a wide range of conditions through data-driven interventions. The digital therapeutics market for neurological diseases in Japan is nascent but several opportunities exist, says GlobalData, a leading data and analytics company. Shionogi & Co Ltd, a partner of Akili Interactive (Akili), a prescription […]
Digitalization to support online life bancassurance sales in Asia-Pacific, says GlobalData
An accelerated pace of digitalization in the financial sector across the Asia-Pacific (APAC) region due to the COVID-19 pandemic is expected to support the growth of online life bancassurance, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Bancassurance Market to 2025 – Analysing Key Performance Indicators, Key Trends, Drivers and […]
Short-term circulatory support devices market in India to witness 7% growth through 2030, forecasts GlobalData
The short-term circulatory support devices market in India is expected to grow at a compound annual growth rate (CAGR) of 7% between 2021 and 2030, driven by the increase in mortality rate due to cardiovascular diseases and the growing incidence of diabetes and obesity, forecasts GlobalData, a leading data and analytics company. As COVID-19 cases […]
Card payments in Malaysia to reach US$80bn in 2025, forecasts GlobalData
Malaysian card payments market, which declined in 2020 due to the COVID-19 pandemic, is set to rebound in 2021 supported by gradual rise in consumer spending and reach MYR322.7bn (US$80.2bn) in 2025, says GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments in Malaysia recorded a […]
Enterprise security spending in Singapore to surpass US$2bn in 2025, forecasts GlobalData
The total addressable market size of enterprise security in Singapore, in terms of spending opportunity, is poised to reach about US$2.2bn in 2025, mainly led by the huge demand for managed security services, identity & access management and endpoint security platforms, says GlobalData, a leading data and analytics company. ‘GlobalData Market Opportunity Forecasts to 2025: […]
Enterprise networking spend in Singapore to increase at 6.6% CAGR over 2020-2025, forecasts GlobalData
Enterprise spending on networking infrastructure is expected to increase at a compounded annual growth rate (CAGR) of 6.6% between 2020 and 2025, driven by the IT modernization efforts to support the ongoing digital transformation initiatives, says GlobalData, a leading data and analytics company. Pragyan Tarasia, Senior Research Analyst at GlobalData, comments: “Given the importance of […]
Goldman Sachs, JP Morgan top financial advisers by value, volume for Q1-Q3 2021, finds GlobalData
Goldman Sachs and JP Morgan emerged as the top mergers and acquisitions (M&A) financial advisers for Q1-Q3 2021 by value and volume, respectively, according to GlobalData’s Financial Deals Database. Goldman Sachs advised on 369 deals worth US$917.2bn, the highest value among all the advisers. Meanwhile, JP Morgan led in volume terms having advised on 387 […]
Simpson Thacher & Bartlett, Kirkland & Ellis top legal advisers by value, volume for Q1-Q3 2021, reveals GlobalData
Simpson Thacher & Bartlett and Kirkland & Ellis emerged as the top mergers and acquisitions (M&A) legal advisers for Q1-Q3 2021 by value and volume, respectively, according to GlobalData’s Financial Deals Database. Simpson Thacher & Bartlett advised on 198 deals worth US$457.4bn, the highest value among all the advisers. Meanwhile, Kirkland & Ellis led in […]
Australia mobile service revenue to grow at 3.9% CAGR over 2021-2026, forecasts GlobalData
The overall mobile service revenue in Australia is expected to maintain a compound annual growth rate (CAGR) of 3.9% and reach US$11bn in 2026, supported by healthy growth in mobile data service revenue, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Australia Mobile Broadband Forecast Model (Q2-2021) reveals that the […]
Enterprise spending on BPO services in India to increase at 5.8% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of business process outsourcing (BPO) services in India, in terms of spending opportunity, is set to grow at a compound annual growth rate (CAGR) of 5.8% between 2020 and 2025, driven by huge enterprise push for outsourcing knowledge-based and vertical-specific processes, says GlobalData, a leading data and analytics company. Pragyan […]
Influencers differ on Amazon launch of home robot Astro, observes GlobalData
Amazon.com (Amazon) unveiled its first home robot ‘Astro’ during its 2021 hardware event on 28 September, by joining the race of pervasive automation. This led to a sharp rise in influencer conversations on Twitter in the last week of September 2021, but the opinions were seen divided among influencers related to its tech features for […]
Enterprise server spending in South Korea to increase at 5% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of servers in South Korea, in terms of enterprise spending opportunity, is poised to grow at a compound annual growth rate (CAGR) of 5% between 2020 and 2025, driven by the acceleration in digital transformation initiatives among enterprises in the country, and the subsequent rise in their demand for high […]