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Banking

Payment cards account for over 40% of e-commerce payments in Singapore, reveals GlobalData

Payment cards are widely used in the e-commerce space in Singapore and collectively account for 41.4% of the payments made on the online shopping platforms in the current year, finds GlobalData’s 2022 Financial Services Consumer Survey*. GlobalData’s E-Commerce Analytics reveal that the Singapore e-commerce market will register a 19.5% growth in 2022 to reach SGD15.2 […]

Technology

Digital identity takes off as governments realize benefits, says GlobalData

Driven by vaccination certificates, the need for identity checks in financial services, and the potential of the metaverse, governments across the world realize the benefits and the importance of digital identity, enabling the technology to take off, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ’Digital Identity’, reveals that the theme had […]

Insurance

Digital distribution and customization to boost revenues of top Singapore insurers, says GlobalData

The top insurance companies in Singapore are set to witness a revenue growth over coming years, as digital distribution and increased customization enable them to enhance their offerings amidst a positive environment created by easing COVID-19 restrictions and a recovery in global economic activity to pre-pandemic levels, says GlobalData, a leading data and analytics company. […]

Consumer

Sula Vineyards IPO timed to tap fast-growing Indian wine market, says GlobalData

India-based wine maker Sula Vineyards is all set to launch its initial public offering (IPO) on 12 December. Aimed at raising INR9.6 billion ($116.7 million) to fund its domestic expansion, the IPO launch comes at a time when the Indian wine market is emerging from the COVID-19 lull and gearing up to accelerate at a […]

Oil & Gas

Asia to dominate global ethylene glycol capacity additions by 2026, forecasts GlobalData

Asia is set to lead the global ethylene glycol (EG) industry capacity additions with a share of 75% by 2026 from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Ethylene Glycol (EG) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries […]

Consumer

Indian CPG companies downsize product pack sizes to beat inflation, says GlobalData

As the cost-of-living crisis escalates, Indian consumers are tightening their purse strings. Even as the cost of raw materials and energy are rising, consumer packaged goods (CPG) companies are hesitant to pass on the costs to the consumers who are increasingly becoming price-sensitive. However, these companies are downsizing product pack size to sustain sales, and […]

Pharma

High demand leaves Ozempic compensating for Wegovy’s supply shortage, says GlobalData

Novo Nordisk announced on 4 November 2022, that they had a witnessed a growth in the sales of Ozempic (semaglutide), which is indicated for type 2 diabetes (T2D). The increase may be attributed to supply shortages of Wegovy (semaglutide), indicated for obesity, due to its high demand and manufacturer production problems. Ozempic is currently compensating […]

Banking

Webinar Invite: GlobalData to share insight into the global Crypto investment client base

On Tuesday, 13 December 2022 at 9:00am (GMT), the Global Wealth Management team at GlobalData will host a webinar on who are digital asset investors and why they are important to wealth managers the world over Click here to register, and find out: Existing state of key digital assets (NFTs, crypto, etc) M&A activity trends […]

Consumer

Australia meat substitutes market to expand at 15.4% CAGR through 2026, forecasts GlobalData

Spurred by rising awareness about health, environmental sustainability, and animal welfare, there is a growing preference for meat substitutes in Australia. The adoption of animal-free meat is also being accelerated by an increase in the availability of meat alternatives in retail stores and foodservice venues across the country. As a result, the Australian meat substitutes […]

Consumer

Australia ice cream market to grow at 1.7% CAGR through 2026, forecasts GlobalData

With the authorities in Australia lifting COVID-19 restrictions, public outdoor mobility and tourist arrivals have resurged, thereby bolstering on-premise and on-the-go consumption of ice cream in the country. Against this backdrop, the Australian ice cream market will expand to AUD2.7 billion ($2 billion) by 2026, registering a compound annual growth rate (CAGR) of 1.7%, forecasts […]

Consumer

Policy support and health concerns to drive Chinese meat substitutes market to grow at 7.7% CAGR through 2026, forecasts GlobalData

COVID-19 induced health awareness and favorable government policies are accelerating the sales of meat alternatives in China, the world’s biggest meat market. An increase in the availability of innovative and customized products is also incentivizing consumers to substitute meat with plant-based meat and other meat alternatives. As a result, China’s meat substitutes market is set […]

Insurance

Bima Sugam and 5G rollout will increase insurance penetration in India, says GlobalData

The launch of Bima Sugam, an online marketplace for all insurance services, and the rollout of 5G services are expected to help insurance reach to a wider population and provide a hassle-free experience for customers and insurers in India, says GlobalData, a leading data and analytics company. The Insurance Regulatory and Development Authority of India […]

Oil & Gas

China to dominate polyethylene terephthalate capacity additions in Asia through 2026, forecasts GlobalData

China is set to register the highest polyethylene terephthalate (PET) capacity additions in Asia between 2022 and 2026, contributing about 51% of the region’s capacity additions by 2026, as growing packaging, electricals, and electronics sectors will create an increased demand for PET in the country, says GlobalData, a leading data and analytics company. GlobalData’s latest […]

Pharma

Big pharma partnerships can boost home-grown type 2 diabetes drugs commercialization in China, says GlobalData

China has the world’s highest prevalence of type 2 diabetes (T2D) population. The recent approval of Hua’s first-in-class diabetes drug in China in collaboration with Bayer put an end to a decade-long wait for molecules with a new mechanism of action, as well as marked the initiation of international partnerships by domestic companies for T2D […]

Oil & Gas

Oil and gas leaders taking measured steps for energy transition, says GlobalData

The oil and gas industry leaders are steadily incorporating transition fuels as well as low-carbon and zero-carbon energy sources into their portfolios, as their contributions are pivotal for a successful energy transition and mitigation of carbon emissions, says GlobalData, a leading data and analytics company. GlobalData’s thematic report, “Energy Transition in Oil & Gas,” reveals […]

Medical Devices

Stumbling VR tech finds a second home in rehab, says GlobalData

Following Penumbra’s launch of REAL y-Series hands- and tether-free VR rehabilitation platform to address both upper and lower extremities with a full body avatar: James Spencer, Data Scientist at GlobalData, offers their view: “Virtual reality (VR) has always looked like an answer looking for a solution. This was never clearer than with Meta’s recent metaverse […]

Pharma

Positive results for Luye Pharma schizophrenia drug LY03010, but faces a crowded market, says GlobalData

Luye Pharma’s pipeline asset LY03010, a once-monthly, long-acting injectable (LAI) form of paliperidone, has achieved the primary endpoint in a pivotal trial and demonstrated comparable bioavailability with Johnson and Johnson’s Invega Sustenna at steady state. If approved, it will create more options for the management of schizophrenia, but will have to face a crowded LAI […]

Medical Devices

Early detection of lung cancer using biopsy devices vital to combat rising mortality rate, says GlobalData

Lung Cancer Awareness Month is intended to raise awareness of what is the world’s deadliest cancer, with the International Agency for Research on Cancer estimating three million people will die from the disease globally by 2040. Therefore, early detection of lung cancer using biopsy devices is critical to improving recovery rates, says GlobalData, a leading […]

Business Fundamentals

Discussions around commodity prices rose by 34% in Q3 2022 earnings call transcripts, finds GlobalData

Amid growing concerns over global inflation and anticipated recession, discussions around commodity prices in companies’ earnings call transcripts rose by 34% in Q3 2022 compared to Q3 2021, finds GlobalData, a leading data and analytics company. GlobalData’s, ‘Company Filings Analytics – Trends & Signals Q3 2022’, report reveals that discussions around commodity prices were highest […]

Banking

South Korean credit card payments to surge to nearly $900 billion by 2026, forecasts GlobalData

The South Korean credit card payments market is set to grow at a compound annual growth rate (CAGR) of 4.8% between 2022–2026 to reach KRW1,060.5 trillion ($890.9 billion) in 2026, as it recovers from the COVID-19 pandemic, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the credit card payments […]

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Payment cards account for over 40% of e-commerce payments in Singapore, reveals GlobalData

Digital identity takes off as governments realize benefits, says GlobalData

Digital distribution and customization to boost revenues of top Singapore insurers, says GlobalData

Sula Vineyards IPO timed to tap fast-growing Indian wine market, says GlobalData

Asia to dominate global ethylene glycol capacity additions by 2026, forecasts GlobalData

Indian CPG companies downsize product pack sizes to beat inflation, says GlobalData

High demand leaves Ozempic compensating for Wegovy’s supply shortage, says GlobalData

Webinar Invite: GlobalData to share insight into the global Crypto investment client base

Australia meat substitutes market to expand at 15.4% CAGR through 2026, forecasts GlobalData

Australia ice cream market to grow at 1.7% CAGR through 2026, forecasts GlobalData

Policy support and health concerns to drive Chinese meat substitutes market to grow at 7.7% CAGR through 2026, forecasts GlobalData

Bima Sugam and 5G rollout will increase insurance penetration in India, says GlobalData

China to dominate polyethylene terephthalate capacity additions in Asia through 2026, forecasts GlobalData

Big pharma partnerships can boost home-grown type 2 diabetes drugs commercialization in China, says GlobalData

Oil and gas leaders taking measured steps for energy transition, says GlobalData

Stumbling VR tech finds a second home in rehab, says GlobalData

Positive results for Luye Pharma schizophrenia drug LY03010, but faces a crowded market, says GlobalData

Early detection of lung cancer using biopsy devices vital to combat rising mortality rate, says GlobalData

Discussions around commodity prices rose by 34% in Q3 2022 earnings call transcripts, finds GlobalData

South Korean credit card payments to surge to nearly $900 billion by 2026, forecasts GlobalData

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