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Following the announcement that several key operators in the Permian Basin are significantly reducing capex or production in their positions as a result of the severe oil price fall; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “Of all the unconventional plays, the Permian Basin reduction […]
Europe’s auto industry will look for support as it eyes recovery later in the year
Following the news that European vehicle-maker trade association, ACEA, has warned that Europe’s auto industry faces its ‘worst crisis ever’; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The European automakers’ trade body ACEA noted that the effect of the coronavirus (COVID-19) on society and the global economy […]
Multiple Sclerosis Awareness Month highlights need for better diagnosis research and available treatments
The current multiple sclerosis (MS) pipeline is strong and diverse with a total of 49 products in all stages and phases of clinical development. However, despite this increasing arsenal, diagnosing the disease still remains a challenge – even for experienced neurologists, says GlobalData, a leading data and analytics company. Tissue biopsy is currently the only […]
Close to 12,000 coronavirus US patients could require ECMO by early April
The number of coronavirus (COVID-19) cases in the US has been growing exponentially over the past few weeks and at an average of 41% per day since March 16. It is only a matter of time before there is an increased need for extracorporeal machine oxygenation (ECMO) to ensure the survival of critically ill patients, […]
Coronavirus cases in US projected to reach 8.1 million in two weeks, with high-risk scenario totaling more than 21.8 million
Last week, the GlobalData epidemiology team conducted a three-scenario forecast model of the coronavirus (COVID-19) transmission in the US, with the moderate estimate projecting more than 228,500 cases by March 31 and two million in a high-risk scenario. However, developments in the last week have shown the actual increase in confirmed cases was significantly higher […]
Non-invasive prenatal testing is expected to total $472.2m by 2028, disrupting the prenatal screening market
The global market value for non-invasive prenatal testing (NIPT), estimated at USD$433.7m in 2019, is expected to increase at a Compound Annual Growth Rate (CAGR) of 0.95%, reaching USD$472.2 by 2028. This increase is driven through the procedures greater safety, sensitivity, and continued adoption within key markets, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Prenatal Screening – In Vitro Diagnostics Market Analysis and Forecast Model’, reveals that the vast majority of women preferred NIPT, compared to chorionic villus sampling […]
Netherlands doubling green energy subsidies will make CO2 reduction target feasible and affordable
The Dutch Government plans to double the green energy subsidies to €4bn in 2020, from a previously planned €2bn to meet its promise to cut CO2 emissions. The 2020 Sustainable Energy Production (SDE+) spring budget will make the CO2 reduction target feasible and affordable, says GlobalData, a leading data and analytics company. The Dutch Climate […]
Coronavirus outbreak derails IPOs
With the spread of coronavirus (COVID-19) to several countries and the World Health Organization (WHO) declaring it as a pandemic, the ripple effects can also be felt in financial markets with many companies putting their planned initial public offerings (IPO) on hold, according to GlobalData, a leading data and analytics company. In May 2019, oil […]
Coronavirus to take £12.6bn out of UK retail spend in 2020
The impact of coronavirus (COVID-19) will wipe £12.6bn from retail sales this year, according to preliminary forecasts by GlobalData, a leading data and analytics company. This is equivalent to more than Aldi’s total UK sales last year. Patrick O’Brien, UK Retail Research Director at GlobalData, comments: “While the food and grocery market will grow at 7.1% […]
Ventilator crisis during coronavirus outbreak as over 880,000 are needed
Approximately 880,000 more ventilators are in demand globally due to the coronavirus (COVID-19) outbreak, according to analysis by leading data and analytics company GlobalData. The US has a gap of 75,000 ventilators, while the *5EU are short of 74,000 in a mid-COVID-19 pandemic. Tina Deng, Medical Devices Analyst at GlobalData, comments: “Ventilator shortages are a […]
COVID-19 fake news is an infodemic, most tech companies have responded to tackle misinformation
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media […]
COVID-19 will focus organizations’ minds on the need to automate faster
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. Even before COVID-19 struck, the industrial automation sector exhibited a flat picture in need of new thinking and inspired investment, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media & Telecom Trends 2020’ to reflect the impact of COVID-19 on 17 separate TMT sectors. Its analysis provides insight into the impact of COVID-19 on leading companies. This report analyses the impact […]
Telecom equipment companies must minimize risks to the supply chain
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media & Telecom Trends […]
COVID-19 forces advertisers to focus on the digital economy
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media […]
COVID-19 leaves consumer electronics at the mercy of supply chains and dampened demand
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, […]
Portugal’s telecom regulator to auction frequency bands for 5G before June
With Portugal’s regulator ANACOM planning to allocate 5G spectrums in 2020 and major mobile network operators (MNOs) such as NOS and Vodafone Portugal already engaged in technical trials, GlobalData, a leading data and analytics company, expects commercial 5G to launch in 2020. GlobalData’s report, ‘Portugal Mobile Broadband Forecast’, reveals that Portugal’s mobile 5G subscriptions will […]
Grumman’s sentimental take-off fueled by order backlogs and contract wins
Northrop Grumman’s sentiments have risen, driven by a double digit order backlog growth, contract wins, and the impressive performance of its aerospace and weaponry programs, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform found that Grumman’s overall sentiment score rose 20% in the fourth quarter (Q4) of 2019 compared to […]
Russian oil and gas operators emerge on top despite the plummeting oil prices
Following the news that global oil prices plummeted to an 18-year low on March 18 as a result of the coronavirus-fueled demand shock and the supply shock led by Saudi Arabia cutting oil prices and boosting exports; Anna Belova, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her view: […]
Use of telemedicine to surge in US as regulations change in response to coronavirus
Use of telemedicine in the US has been low to date. However, it is expected that demand for these services will increase dramatically over the next few months due to the coronavirus (COVID-19) crisis, says GlobalData, a leading data and analytics company. Telemedicine has been touted as a critical strategy during the COVID-19 emergency to […]
Scoop-Stack shale play drilling activity driven by select counties in Oklahoma
The Scoop and Stack shale plays of Oklahoma may not be as prolific as the Permian Basin or the Bakken shale play. However, acreages across Kingfisher, Canadian, Blaine, and Grady counties continue to attract sizable interest for hydrocarbon appraisal and development in the Scoop-Stack, according to GlobalData, a leading data and analytics company. The company’s […]