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The aggregator market continues to exert great influence over the personal lines sectors of insurance, with over two-thirds of all motor policies purchased via such sites in 2018. However, research from GlobalData, a leading data and analytics company, shows that consumers are not offered the same policies for the same price across the sites. The […]
Investment in electricity network expansion crucial for Argentina to avoid another power disruption
Following the massive power disruption that crippled the Argentinian power systems, Ankit Mathur, Practice Head of Power at GlobalData, a leading data and analytics company, offers his view on Argentina’s power industry: “The power outage uncovered the decrepit state of power infrastructure in Argentina and with an increasing population and urbanization the power demand is […]
Negative attitudes towards vaccines means European childhood vaccine market will remain at $1.2bn to 2028
Following the news that a number of people have low confidence in vaccination, James Mather, Senior Pharma Analyst at GlobalData, a leading data and analytics company offers his view on what this means for the vaccine markets: “Results from a large study conducted by the Wellcome Trust add to the growing body of evidence that […]
Robotic surgery systems global market expected to reach US$7.4bn by 2028, says GlobalData
The global robotic surgery market is expected to grow at a compound annual growth rate (CAGR) of 7.7% to reach US$7.4bn by 2028, according to GlobalData, a leading data and analytics company. South and Central America will be one of the fastest growing regions at a CAGR of 8.1% between 2018 and 2028, with North […]
A renewed focus on value from competitors is forcing Sainsbury’s into substantial price cuts
Following the news that Sainsbury’s have reduced prices on over 1,000 own-brand prices since February, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “Following the collapse of its proposed merger with ASDA – which included the promise of staggered price investment to reduce everyday prices by 10% – […]
Opioid use disorders market set to reach $4.8bn in spite of lawsuits against manufacturers
Following the news that OxyContin manufacturer Purdue Pharma are being sued by three more US states for exploitation of the opioid crisis, Magdalene Crabbe, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view on what this means for the opioid market: “This is a crisis seemingly without end for Purdue Pharma. The […]
Further use of Amazon’s logistical prowess allows Morrisons scope to capitalise on the £14bn online grocery market
Following the news the ‘Morrisons at Amazon’ online same-day delivery service is set to expand to more cities across the UK, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “The expansion of the rapid delivery store ‘Morrisons at Amazon’ to five more cities in the UK clearly demonstrates […]
UK shoppers set to spend £653m on Father’s Day this year
Father’s Day spend is forecast to reach £635m in 2019, less than half of the amount spent on Mother’s Day but this occasion will experience higher growth than its more popular female counterpart, with spend set to rise by 1.0% (equating to £6.2m), according to GlobalData, a leading data and analytics company. With all retail […]
Global smart meters market set to reach US$7.06bn in 2023
The global smart meters market is estimated to be worth US$7.06bn in 2023, increasing from US$5.8bn in 2018, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Smart Meters, Update 2019 – Global Market Size, Competitive Landscape and Key Country Analysis to 2023’ reveals that this growth will be driven by evolving information […]
Small Export Guarantee scheme will revive solar PV installations in UK
Following the recent news that the UK has announced it will promote renewable energy as part of its new Small Export Guarantee (SEG) scheme, Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view on what this means for solar PV installations in the UK: “With the introduction of the new […]
Outbound traveller departures from Russia to reach 50.2 million by 2023
After years of uncertainty due to economic instability, the number of outbound travellers departing from Russia is set to increase overall by 10.4% by 2023 from 45.3 million in 2018 to 50.2 million in 2023, says GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Tourism Source Market Insight: Russia’ reveals that with improved […]
UK SMEs only offer one core benefit to all their employees on average
The proportion of UK small and medium enterprises (SMEs) that offer their employees benefits is quite low, with only 26.3% of SMEs offering flexible working arrangements to all of their employees, according to to GlobalData, a leading data and analytics company. The lack of benefits is even more pronounced when looking at Employee Assistance Programs […]
Asia and North America to lead global polyethylene capacity additions by 2023
Global polyethylene capacity is poised to see considerable growth over the next five years, potentially increasing from 110.12 million tonnes per annum (mtpa) in 2018 to 157.02 mtpa in 2023, registering a total growth of 43%, led by Asia and North America, says GlobalData, a leading data and analytics company. The company’s report: ‘Global Polyethylene […]
Spending on automated home devices to hit $75bn by 2025
Global spending on automated home devices is expected to reach $75bn by 2025, up from $23bn in 2018, according to GlobalData, a leading data and analytics company. According to the company’s latest report ‘Thematic Research: Automated home’, much of that growth will be driven by two types of devices: smart thermostats, which are becoming increasingly common as […]
Roche’s Xofluza shows promise in flu prevention
Following the recent news that Roche’s Phase III influenza drug Xofluza met its primary endpoint for influenza prevention, Philipp Rosenbaum, Pharma Analyst at GlobalData, a leading data and analytics company, offers his perspective: “Given that seasonal influenza vaccines were only around 45% effective over the past 10 influenza seasons, a prophylactic label expansion for Xofluza could […]
Novavax’s ResVax at risk of losing first-to-market lead in RSV vaccines
Following the recent news that the FDA has recommended an additional Phase III trial for Novavax’s vaccine to prevent medically significant RSV disease in infants, Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his perspective: “After a string of late-stage clinical disappointments in trials of both elderly adults and pregnant […]
BMW and Jaguar Land Rover collaboration targets slice of 19m electric vehicle sales per year by 2033
Following the recent news that Jaguar Land Rover and BMW are to work together on electric vehicle components, David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view on the news: “News that these two car companies are planning to collaborate to engineer and manufacture Electric Drive Units (EDUs) for next […]
US leads globally on new-build trunk oil and gas pipeline additions by 2023
The US is expected to add the highest trunk pipeline length in the global oil and gas pipelines industry between 2019 and 2023, contributing a total length of 45,420km, which will account for around 18% of the total pipeline length additions from planned and announced (new-build) projects, according to GlobalData, a leading data and analytics […]
NOCs in Thailand and Indonesia face challenging national production aspirations
National Oil Companies (NOCs) in Thailand and Indonesia are using the expiry of existing production-sharing contracts as an opportunity to take greater control of mature oil and gas fields domestically, says GlobalData, a leading data and analytics company. The company’s latest research reveals that PTT Exploration and Production Public Company Limited (PTTEP) in Thailand and […]
Amazon to account for one fifth of UK online spend by 2024
Amazon is set to continue experiencing exponential growth with UK retail revenue set to rise 58.2% over the next five years to reach £15.7bn by 2024, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘Amazon Strategic Review – 2019’ reveals that the food & grocery sector is anticipated to be the largest […]