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Drug development companies in APAC need to raise their game to capitalise on the $33bn+ immuno-oncology treatment opportunity, says GlobalData Drug development companies in the APAC region have a huge opportunity to participate in the $33bn+ global immuno-oncology arena, observes GlobalData, a leading data and analytics company. According to the company’s recent PD-(L)1 combination pipeline […]
AI set to revolutionize retail banking, says GlobalData
For retail banks looking to differentiate themselves in an increasingly crowded marketplace, providing an enhanced digital customer experience is now an essential component of winning and retaining customers. The sector is increasingly looking to artificial intelligence (AI) to achieve this and is now on the cusp of a digital services revolution, with machine learning, natural language processing, and predictive analytics all set to turn retail banking into a data-driven industry.
Russia’s Pharmaceutical Market to Reach $36.61 billion by 2021
Russia’s pharmaceutical market is one of the fastest growing in the world and is expected to reach $36.61 billion by 2021, according to GlobalData, a recognized leader in providing business information and analytics.
Is bitcoin the new alternative investment or a bubble ready to burst?
The surge in bitcoin prices means that the cryptocurrency’s market valuation has now crossed * $75bn. Bitcoin prices have already quadrupled since the start of 2017, with a single bitcoin surging from a value of $1,000 in January to more than $4,760 in August. In their latest analysis of the global cryptocurrency value chain , […]
Consumer desire to trade-up for novelty and convenience will boost Australia’s Dairy & Soy market over 2016-2021
After a period of decline Australia’s Dairy and Soy Food market is forecast to be worth US$13 billion over the five year period of 2016 to 2021, with a compound annual growth rate (CAGR) of 4.0%, according to GlobalData, a leading data and analytics company. The company’s latest report, , reveals that market value declined […]
Osteoarthritis 7MM market set to be worth $3.5 billion by 2026
The Osteoarthritis (OA) market is expected to increase from $1.6 billion in 2016 to $3.5 billion by 2026 in the seven major markets, * 7MM at a compound annual growth rate (CAGR) of 8.1%, according to GlobalData, a recognized leader in providing business information and analytics.
Global Eco-tourism takes off with 35% of holiday makers now likely to book an eco-holiday
According to GlobalData, a recognized leader in business information and analytics, the climate change imperative and the rise of responsible travellers is creating a compelling business case for sustainable tourism.
Rising drinking culture will boost Chinese spirits through to 2021
The rise of a drinking culture at Chinese social gatherings, along with increased disposable income among younger consumers, are set to drive the Chinese spirits market through a CAGR of 15% over 2016-21, says GlobalData, a recognized leader in business intelligence and analytics. According to its latest report, the market is expected to reach over […]
Indian wine market offers magnificent opportunities with rapid growth forecast to 2021
Rising purchasing power and the increasing impact of westernisation are set to boost the Indian wine sector in the years to come. In its latest report:, GlobalData, a leading data and analytics company, states that the sector was valued at INR61.06 billion (US$908.6 million) in 2016. The market is expected to grow at a value […]
Japan drug delivery devices market to touch $3.4bn by 2023
Japan’s drug delivery devices market, which was pegged at $2.56bn in 2016, is estimated to reach $3.4bn by 2023, says GlobalData, a recognized leader in providing business information and analytics. According to its latest report, the market is set to experience a CAGR of 4.2% during the forecast period. The report highlights the present conditions […]
APAC drug delivery devices market to reach $5.4 billion in 2023
Asia Pacific (APAC) region contributed 21% of global revenue in 2016 and the region is expected to witness higher growth compared to other regions. The company’s latest reveals that Japan will emerge as the major country in APAC region contributing 64% of the revenue in 2023. Japan contributed 62% of the revenue in the region […]
South Korean telcos bank on 5G and digital as traditional business stagnate
According to its latest report, 5G subscriptions in the country will outnumber 3G by 2020, following world’s first commercial 5G deployment during the Pyeongchang 2018 Winter Olympics, in Korea’s rural Gangwon province. With growth of 5G, traditional communications services like fixed telephony and mobile voice will see a decline in revenue over the coming years. […]
Amazon deal will revolutionise the online food retail sector
The shareholder-approved Amazon-Wholefoods deal gives the company a sizeable bricks-and-mortar presence in food retail with the ability to revolutionise online grocery shopping, and leading retailers are well aware that they are under threat.
HNW Expats in Canada still going strong years after visa closure
New findings from GlobalData’s recently published, ‘Wealth in Canada: HNW Investors 2017’ report, reveals that expats accounted for almost 1 in 5 High Nett Worth (HNW) investors in Canada in 2016.
Asia Pacific e-commerce market out performs Europe and North America
New findings from GlobalData’s, Consumer Payments Insight Survey reveal the extent of Asian consumers’ demand for mobile apps, smartphones and digital wallets when purchasing online.
Sepsis & septic shock market to be worth $5.9 billion by 2026
The sepsis and septic shock space across the seven major pharmaceutical markets (7MM) of the US, 5EU (France, Germany, Italy, Spain, and the UK), and Japan is set to grow from $2.8 billion in 2016 to $5.9 billion by 2026, representing a compound annual growth rate (CAGR) of 7.9%, according to GlobalData, a recognized leader in providing business information and analytics.
Discount retailers to grab a further £9bn of consumer spend by 2022
The UK Discount Retail market is set to grow by 36.1% reaching a total value of £32.5bn by 2022 according to GlobalData, a recognized leader in providing business information and analytics.
Brexit woes for UK mortgage market as lending slows, says GlobalData
An analysis of the UK mortgage market by GlobalData, a recognized leader in providing business information and analytics, has confirmed that the market started to show signs of slowing down in 2016. Faced by the headwinds of Brexit and a slowing economy, GlobalData’s Global Retail Banking Analytics tool has revealed that while gross advances in H1 2016 were £22bn higher than during the same period in 2015, lending in H2 was flat year-on-year.
HNW female entrepreneurs represent a growing opportunity for wealth managers in Australia, says GlobalData
The number of female HNW (High Net Worth) individuals in Australia is less than 10% of total HNW individuals, but they represent a growing opportunity for wealth managers with new financial services to offer, according to GlobalData, a recognized leader in providing business information and analytics. The company’s latest report reveals that out of the […]
Retail finance to be fast tracked by S40m ZipMoney Investment
According to GlobalData, a recognized leader in providing business information and analytics, Westpac’s A$40m investment in ZipMoney could change the entire retail finance market in Australia. The deal heralds a step change in the provision of retail credit in Australia which will effectively provide consumers with a revolving line of unsecured credit at the point […]