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Facebook, PayPal and Uber are the leading companies in the Social Media theme, according to the latest Thematic Scorecard for the ecommerce sector from GlobalData, a leading data and analytics company. The three companies all gained the highest Thematic score (5 out of 5) in GlobalData’s Thematic scorecard for the ecommerce sector. A Thematic score […]
Guyana has limited scope to increase royalties while maintaining competitiveness
Following Guyana’s Department of Energy announcement that it plans to increase the government take by raising royalties payable on oil and gas production in the future licensing round in Q3 2020, Alessandro Bacci, Upstream Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “If Guyana goes ahead with its […]
Women are twice as likely to develop post-traumatic stress disorder than men
The number of 12-month total prevalent cases of post-traumatic stress disorder (PTSD) was higher in women than in men in the seven major markets (7MM*), with 5.5 million cases (32.05%) in men compared to 11.7 million cases (67.95%) in women in 2018, according to GlobalData, a leading data and analytics company. The 12-month total prevalent […]
Lighter platforms and missile systems gain prominence amid Russia’s contracting defense budget
Russia is investing billions of dollars in new naval hardware to secure its lengthy coastline and strengthen power projection capabilities. However, Russia’s defense expenditures have declined in real terms from US$52.6bn in 2015 to US$46.4bn in 2019 and will only recover its historic highs in 2024 with US$59.3bn, according to GlobalData, a leading data and […]
E.ON’s move to supply 100% renewable electricity signals changing trend in UK power market
E.ON’s move to supply its residential customers with 100% renewable electricity can potentially influence the *Big Six to move towards renewable energy and signals a changing trend in the UK power market, says GlobalData, a leading data and analytics company. With the UK aiming to phase out all its coal-fired plants by 2025, the Big […]
Brazil continues to lead global deployment of planned and announced FPSOs to 2025
A total of 20 planned and announced floating production, storage and offloading vessels (FPSOs) are expected to be deployed offshore Brazil between 2019 and 2025, the highest among countries globally, according to GlobalData, a leading data and analytics company. The company’s report: ‘Q3 2019 Global FPSO Industry Outlook – Brazil Continues to Lead Upcoming FPSOs […]
Hindustan Unilever laundry brand launch to target 71% of Indian consumers who prefer brands with sustainable products
Following today’s news (Tuesday 16 July) that Hindustan Unilever (HUL) is poised to launch a laundry brand from their Love Home and Planet line which offers vegan and plant-based, homecare products as reported by The Economic Times, Nabila Azmatulla, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The news […]
Type II spinal muscular atrophy totaled 10,574 cases in 2018, the highest among all the subtypes
The diagnosed prevalent cases of type II spinal muscular atrophy (SMA) made up the highest proportion with 10,574 cases, nearly one half of all diagnosed prevalent cases of SMA in the seven major markets (7MM*) in 2018, according to GlobalData, a leading data and analytics company. More than one third of type II SMA cases, […]
In-vehicle technology could soften the blow for disappointing Ogden rate change
Following the latest Ogden rate change from -0.75% to -0.25%, Yasha Kuruvilla, General Insurance Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “While this increase is good news for insurers the scale of the change has left many disappointed. On the plus side, we have seen quite a substantial increase […]
Almost half of companies delaying cybersecurity investment – they must act now
The hefty fines announced this week for significant data breaches at British Airways and Marriott have brought cybersecurity measures at major corporations into stark focus. Nick Wyatt, Head of R&A, Travel & Tourism at GlobalData, a leading data and analytics company, offers his view: “In a survey conducted by GlobalData, 37% of respondents stated that […]
UK renewable sector set to draw massive investments by 2030
Investment in the UK renewable sector (excluding small hydropower) is set to increase as the sector is expected to almost double its capacity by 2030. Gas-based capacity is also slated to increase by 10 gigawatts (GW) between 2018 and 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘UK Power Market […]
Colombia led globally with highest number of oil and gas discoveries in Q2 2019
Colombia led globally with seven oil and gas discoveries in the second quarter (Q2) of 2019, followed by India, Russia and Pakistan with three each, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘Q2 2019 Global Oil and Gas Discoveries Review – Colombia Leads with Highest Number of Discoveries in Quarter’ reveals […]
Global power M&A market remained strong in 2018 with transaction volumes reaching US$158bn
The global power mergers and acquisitions (M&A) market remained strong in 2018 with transaction volumes reaching US$158bn, the second highest in the last five years. However, the number of deals registered decreased to 622, compared to 651 deals in 2017, according to GlobalData, a leading data and analytics company. Out of the 622 transactions reported […]
Cyber insurance has potential to further consolidate broker dominance
As more small and medium enterprises (SMEs) begin to digitize part or all of their business, the need for cyber cover has gained prominence more than ever before. However, less than a third of UK SMEs held cyber insurance in 2018, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘UK […]
Outbound spending of Mexican travelers set to reach US$16.9bn in 2023
The number of Mexican travelers spending on outbound travel is set to increase at a compound annual growth rate (CAGR) of 4.43% from US$13.6bn in 2018 to US$16.9bn in 2023, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Tourism Source Market Insight: Mexico’ reveals that this growth is driven by increasing […]
B-cell non-Hodgkin’s lymphoma diagnosed incident cases set to reach 183,000 in 2027
The burden of diagnosed B-cell non-Hodgkin’s lymphoma (NHL) is expected to increase at an annual growth rate (AGR) of 1.87% from around 154,000 cases in 2017 to 183,000 cases in 2027 in the seven major markets (7MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘B-Cell Non-Hodgkin’s Lymphoma: Epidemiology Forecast to […]
British Airways’ £183m fine a wake-up call for other companies
British Airways is facing a record fine of £183m for last year’s security breach. Nick Wyatt, Head of R&A, Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on what this means for other companies: “We’ve been saying for a long time that companies in the travel & tourism sector […]
Zurich must focus on bridging the gap with its competitors after Amanda Blanc’s resignation
Following the news that Amanda Blanc has resigned from her role as head of European business at Zurich, Ben Carey-Evans, Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “Amanda Blanc announced her surprise resignation from her role as head of European business at Zurich earlier this week, only eight months […]
Global post-traumatic stress disorder market set to reach US$1.2bn by 2028
The total post-traumatic stress disorder market was estimated to be worth US$211.4m across the seven major markets (7MM*) in 2018. This is expected to grow at a compound annual growth rate (CAGR) of 18.7% to reach US$1.2bn by 2028, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Post-Traumatic Stress Disorder (PTSD): […]
Policy support key for adoption of net metering and other smart grid technologies
The net metering market has grown significantly in the past five years, driven by simple installation procedures, favorable government policies and the affordability of rooftop solar photovoltaic (PV), according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Smart Grid Policy Handbook 2019’ reveals that solar PV is the most popular technology to […]