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Following the fourth quarter and final year announcement results from Coca-Cola; Thomas Evans, Beverage Analyst at GlobalData, a leading data and analytics company, offers his view: “Coca-Cola’s ability to adapt to evolving health and digital trends has placed it in a frontrunner position. The company continues to be a flag bearer in the industry following […]
Top 25 global technology companies by MCap reported 12% rise in valuation in Q4 2021, finds GlobalData
Apple and Microsoft accounted for over 50% of the valuation gain of top 25 tech stocks in Q4 Rising inflationary pressures worldwide could end winning streak of tech stocks Amid rising Omicron variant fears and supply chain issues, the top 25 *technology companies added another $1.8 trillion in market capitalization (MCap) in Q4 2021, according […]
Yum! Brands’ strong results driven by digitalization, but a supply-chain rework is needed, says GlobalData
Following today’s trading update from Yum! Brands which revealed that the group enjoyed a 9% sales growth in Q4 2021, with a notable $6 billion in digital sales; Hannah Cleland, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Yum! Brands’ focus on digitalization has paid off, helping the company to […]
Samsung addresses an emerging market trend by merging Galaxy Note and Ultra Phones, says GlobalData
Following Samsung’s Galaxy Unpacked event announcing new Galaxy S22 phones; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, comments: “A combined Ultra and Note was widely expected after Note phones disappeared from Samsung’s line-up last year. Continued remote working has seen consumers rely heavily on their smartphones and expect more out […]
Drug pricing and reimbursement-related concerns will remain the leading impediment to the pharmaceutical industry’s growth in 2022, says GlobalData
Drug pricing pressures will continue to hinder the growth of the pharmaceutical industry in 2022, forcing companies to reassess their pricing strategies and market focus, says GlobalData, a leading data and analytics company. In GlobalData’s latest report, ‘The State of the Biopharmaceutical Industry – 2022’, drug pricing and reimbursement constraints elicited the strongest responses from […]
Immunocore’s Kimmtrak will dominate the uveal melanoma market despite high price tag, says GlobalData
The recent Food and Drug Administration (FDA) approval of the first T-cell receptor (TCR) therapy, Immunocore’s ($IMCR) Kimmtrak, for the treatment of uveal melanoma offers such a clear benefit to patients that it will become the standard of care in the US, says GlobalData. The leading data and analytics company estimates the annual cost of […]
Insurers need to adapt policies as majority of UK consumers intend to continue working from home post-pandemic, says GlobalData
The vast majority of UK consumers believe they will continue to work from home for at least two days a week post-COVID-19, which will have long-term effects on a range of insurance lines, according to GlobalData, a leading data and analytics company. GlobalData’s 2021 UK Insurance Consumer Survey found that only 19.1% of respondents believed […]
North America sees the highest crude oil refinery maintenance in 2021, says GlobalData
Around 42% of North America’s total crude oil refinery capacity was under planned and unplanned maintenance in 2021, with bad weather accounting for much of the unplanned maintenance, according to GlobalData. The leading data and analytics company notes that 10,210 thousand barrels per day (mbd) underwent either planned or unplanned maintenance—the highest worldwide. GlobalData’s report, […]
47% of UK consumers aged between 18–34 do not hold a credit card, finds GlobalData
Younger people are ditching credit cards, according to GlobalData, which notes that this is partly due to the popularity of buy-now-pay-later (BNPL) schemes. In a survey* conducted by the leading data and analytics company, 47% of people aged 18-34 revealed that they do not currently own a credit card. This had risen by 8 percentage […]
BT ends BT Sport speculation with new powerhouse partner Discovery, says GlobalData
Following the news that BT has entered exclusive negotiations with Discovery to merge BT Sport and Eurosport UK in a 50:50 joint venture; Natasha Rybak, Principal Analyst, Consumer Services, Platform and Devices at GlobalData, a leading data and analytics company, offers her view: “In Discovery, BT has finally settled on its favored, surprise suitor for […]
Data privacy and misinformation will continue to haunt Meta in the metaverse, says GlobalData
Meta’s disappointing Q4 2021 results have put even more pressure on the social media giant to get its metaverse experiment right. More than three years after the Cambridge Analytica scandal, Meta still falls short of a credible strategy on data privacy and misinformation and these issues will continue to dog the company as it enters […]
Top small molecule API pharma CMOs gain high containment facilities but decrease non-specialized sites, says GlobalData
Top pharma Contract Manufacturing Organizations (CMOs) are investing in specialist facilities for manufacturing small molecule active pharmaceutical ingredients (API) requiring containment, according to the GlobalData report, ‘Contract Small Molecule API Manufacturing Industry by the Numbers – 2021 Edition’. High containment facilities protect operators against exposure to dangerous products and prevent cross-contamination of standard medicines with […]
PayPal is past its prime and losing out to younger, flashier competitors, says GlobalData
Following PayPal’s earnings release, Amrit Dhami, Thematic Analyst at GlobalData, a leading data and analytics company, comments: “PayPal was one of those companies that rode the crest of the COVID-19 wave. However, it is now coming back down to Earth as the world opens back up—it is not alone, we have seen the same with […]
Haynesville Shale saw highest rise in natural gas rigs in US as WTI price recovers, says GlobalData
The US’s Haynesville Shale saw a 53% year-on-year (YoY) rise in the number of natural gas rigs in 2021, according to GlobalData. The leading data and analytics company notes that, while the play has not quite reached pre-COVID-19 levels, this rig addition was the largest in the US. GlobalData’s latest report, ‘Haynesville Shale in the […]
Travel & tourism industry sees 1,080 deals in 2021, finds GlobalData
A total of 1,080* deals were announced in the global travel and tourism sector during 2021, which is an improvement of 1.3% over the 1,066 deals announced during 2020, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Deal activity in the travel and tourism sector consistently improved […]
Long-awaited final investment decision would bring Uganda to top six oil producers in Africa, says GlobalData
Following the news that a final investment decision (FID) has been taken on Lake Albert Resources Development Project; Rami Khrais, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “The FID for Lake Albert oil development is by far the second largest FID taken in the oil and gas […]
Royal Navy UAV tender demonstrates upwards trend for maritime unmanned platforms, says GlobalData
An $8.8 million tender notice for ‘Project Vampire’ calls for four multirole lightweight drones to address several crucial capability problem sets for the Royal Navy’s fixed wing aviation force with the option to buy up to 10 more and a contract extension. Specifications for weapon payloads and a countermeasure suite show intent for the drone […]
Global deal activity up by 26.7% to reach 71,282 deals in 2021, finds GlobalData
Deal activity* reached a record high in 2021, according to GlobalData, which notes that both global deal value and volume saw year-on-year (YoY) growth. The leading data and analytics company reveals that 2021 saw a 26.7% rise in deal volume, increasing from 56,279 deals in 2020 to 71,282 in 2021, and a 49.1% rise in […]
Medical device companies must focus on the growing demands of the aging population, says GlobalData
The growing elder population and their rising medical needs will continue to drive the global medical device market, says GlobalData, a leading data and analytics company. A recent report by GlobalData, ‘Aging Population and Medical Devices – Thematic Research’, reveals that, as life expectancy increases around the globe, medical device companies will need to meet […]
Tesco is dropping deli in response to plant-based preference, says GlobalData, as 62% of people try to reduce red meat consumption
Following the announcement from Tesco that it will cut 1,600 jobs and close its meat, fish and deli counters in 317 stores; Ana Purcaroiu, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Consumers are shifting towards plant-based products, with 62%* of people surveyed by GlobalData actively trying to reduce […]