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GlobalData

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US to contribute 24% of new-build capacity growth to global gas processing industry by 2023

The US is expected to drive new-build gas processing capacity growth in the global gas processing industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 24% of global gas processing capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure […]
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Infrastructure vendors are promoting flexible consumption options for on-premises IT to attract new customers

There has been a growing demand for more flexible approaches for consuming on-premises IT, and infrastructure vendors ranging from HPE, Dell EMC and Lenovo, to IBM, Cisco and NetApp are all targeting, what they see as, growing enterprise demand for flexible on-premises IT consumption, says GlobalData, a leading data and analytics company. Flexible approaches include […]
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Nuclear-powered ballistic missile submarines set to be fastest growing segment in global submarine market by 2029

Navies across the globe are enhancing their undersea warfare capabilities by commissioning advanced submarines, primarily to gain asymmetric advantage over their opponents and to protect their national interests. Therefore, nuclear-powered ballistic missile submarines (SSBN) are expected to account for 40% revenue share of the total global submarine market by 2029, which is up from 29% […]
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Global hidradenitis suppurativa market set to reach $1.81bn by 2028

The hidradenitis suppurativa (HS) market is expected to grow from $898m in 2018 to $1.81bn in 2028 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 7.2%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Hidradenitis Suppurativa: Opportunity Analysis and Forecasts to 2028’, states that […]
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SCA rules to boost mobile payments in the UK

Following the news that the Strong Customer Authentication rules launched in the UK on Saturday 14th September, Samuel Murrant, Senior Payments Analyst at GlobalData, a leading data and analytics company, offers his view on the change: “The new EU rules will undermine the convenience of contactless card transactions, potentially providing an opportunity for mobile wallets […]
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Fortress Investment Group to lead global small-scale LNG liquefaction capacity additions by 2023

Fortress Investment Group is expected to lead capacity additions from planned and announced (new-build) projects in the global small-scale liquefied natural gas (LNG) liquefaction industry between 2019 and 2023, contributing around 25% of global small-scale LNG liquefaction capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Small-Scale […]
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Saudi oil outage may test US abilities as swing producer

Following the September 14 attacks on oil infrastructure in Saudi Arabia, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the effect this will have on the global oil market: “If the Saudi supply outage is sustained, we may well see a test of how […]
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Quiz is failing to stand out

Following Wednesday’s (04 September) news of Quiz’s AGM trading update, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “A significant revamp to Quiz’s product offer and brand appeal is essential to regain footfall and investor confidence – with its update this morning leading to a 13% fall in […]
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China ahead in genomics but seriously behind in semiconductors

China is either on a par with or ahead of the West in key technology areas such as data-heavy, domain-specific artificial intelligence (AI) and genomics. However, it is lagging badly in the semiconductor space, and most likely up to ten years away from being self-sufficient at mass-producing complex chips, according to GlobalData, a leading data […]
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Insurers should offer consumers instant, flexible and digital quotes as insurtech funding nearly doubles in 2018

Global insurtech funding topped $3bn in 2018, an increase of 84.2% from 2017. Consumers are being offered more digital policies as start-ups continue to emerge, bringing new policies and approaches to insurance markets around the world, says GlobalData, a leading data and analytics company. A key trend discussed in GlobalData’s report, ‘Digital Challengers in Insurance […]
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Tesla Insurance will appeal to price-sensitive clients, as 63% of consumers use price comparison sites when buying car insurance

Following the news that Tesla has introduced its own insurance product, Tesla Insurance, for customers in California, Ben Carey-Evans, Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “Technology-packed vehicles often cost more to insure than traditional cars, a big issue for consumers, as price is critical for them when considering […]
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Junior flagship smartphones to balance rising handset prices and encourage quicker replacement cycles

Cell phone carriers in the US are looking for ways to attract more subscribers, increase phone sales and boost phone upgrade rates. But with costly smartphones and reduced innovation between device generations, phone replacement cycles continue to lengthen. Junior flagships, a new category of smartphones, can offset rising smartphone prices and increase upgrade rates, says […]
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North America to drive global LNG liquefaction industry contributing 73% of new-build capacity growth by 2023

North America is expected to drive capacity growth in the global liquefied natural gas (LNG) liquefaction industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 73% of global growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global LNG Liquefaction Industry Outlook to 2023 – […]
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Industrial pressures draw Toyota and Suzuki closer

Toyota and Suzuki have announced today they are to strengthen their burgeoning alliance by taking small stakes in each other; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Industrial pressures and the need to control costs – especially in developing expensive advanced technologies – are driving automotive companies […]
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