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India is expected to contribute about 30% of the total refinery hydrotreater capacity additions in Asia between 2021 to 2025, the second highest in the region after China, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Hydrocracking Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All […]
AR to see 22-fold revenue growth by 2030 while AR-based devices set to one day replace the smartphone, says GlobalData
There is no doubt that augmented reality (AR) has become a popular tool for entertainment – whether its helping gamers see their favorite Pokémon wandering around their local neighbourhood or having a good laugh seeing yourself sporting dog ears using facial recognition software. However, AR is expected to take the reins and go from these […]
Thermal power will continue to dominate annual power generation in Russia to 2030, says GlobalData
Slow growth of renewable technology in Russia will mean the country will have to continue to significantly depend on thermal sources for power generation, according to GlobalData. The leading data and analytics company notes that thermal power is expected to have the largest share in Russia’s power generation mix by 2030, with a 57.8% share. […]
Wagamama chef shortages a symbol for growing traceability demand, says GlobalData
Following today’s news (6 September) that Wagamama warns of potential price hikes off the back of labour shortages; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Wagamama’s chef shortage represents a wider issue that needs to be nipped in the bud. Further supply chain disruption is inevitable in […]
Global RSV market to skyrocket to $6.3bn by 2030 driven by launch of new first-in-class products, says GlobalData
The respiratory syncytial virus (RSV) prophylaxis market is expected to skyrocket from $454.8m in 2020 to $6.3bn by 2030 across the eight major markets (8MM*), at an impressive compound annual growth rate (CAGR) of 30.1%, according to GlobalData. The leading data and analytics company notes that the main driver of growth will be the launch […]
Genesis to join league of luxury automakers with all-electric transition plans, says GlobalData
Following the news that South Korean luxury automaker Genesis plans to completely phase out internal combustion engines by 2025; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “With this move, Genesis will join the league of other luxury brands such as Audi Volkswagen Korea and […]
Accelerated adoption drives new cloud buying trends across ASEAN, reveals GlobalData
Organizational-led initiatives, user experience and security top drivers ASEAN enterprises looking to align technology with business outcomes Service providers need to react swiftly as per the new buying drivers and solution criteria The accelerated cloud adoption in the last 18 months across the Association of Southeast Asian Nations (ASEAN) region is changing enterprises’ buying behavior […]
India to make significant contribution to refinery VDU capacity additions in Asia by 2025, says GlobalData
India is expected to register the second highest refinery vacuum distillation unit (VDU) capacity additions in Asia between 2021 and 2025 after China, contributing about 26% of the total capacity additions, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Vacuum Distillation Units (VDU) Outlook to 2025 – Capacity and Capital Expenditure […]
Diagnosed incident cases of head and neck cancers in urban China to increase at 4.07% AGR through 2030, forecasts GlobalData
The diagnosed incident cases of head and neck cancers (HNCs) in urban China are expected to increase at an annual growth rate (AGR) of 4.07% between 2020 and 2030, according to GlobalData, a leading data and analytics company. The diagnosed incident cases of HNCs across the eight major markets (8MM*) combined is expected to increase […]
Renewable power generation share in Denmark to reach nearly 100% in 2030, says GlobalData
Renewable power generation* in Denmark is expected to increase from 24.33 Terawatt-hours (TWh) in 2020 to 43.2 TWh by 2030, growing at a compound annual growth rate (CAGR) of 5.9%, according to GlobalData. The leading data and analytics company notes that the share of renewables in the generation mix is already quite high, at 86.4% […]
Qatar Airways lists over 750 jobs since Jun 2021 and focuses on revenue management, observes GlobalData
Qatar Airways Group has ramped up its number of job listings from double-digit figures in February 2020 to over 420 jobs in June 2021, according to Job Analytics database by GlobalData. The leading data and analytics company notes that Qatar Airways’ hiring focus is on operational roles and revenue management positions. Ajay Thalluri, Business Fundamentals […]
Ardelyx’s tenapanor has potential to capture a slice of the HP market, says GlobalData
The Food and Drug Administration (FDA) recently issued a Complete Response Letter (CRL) to Ardelyx concerning tenapanor’s New Drug Application (NDA) for chronic kidney disease (CKD)–hyperphosphatemia (HP). If eventually approved, tenapanor has the potential to capture a slice of the HP market by targeting dialysis-dependent patients who are not able to maintain recommended phosphate levels, […]
South Korea looks to Britain for aircraft carrier development, says GlobalData
Following the news that Babcock and Hyundai Heavy Industries (HHI) have signed an MoU to develop South Korea’s first aircraft carrier: William Davies, Associate Defense Analyst at GlobalData, offers his view: “Partnering with Babcock will facilitate the integration of advanced technology onto HHI’s aircraft carrier. Babcock was a lead partner within the Aircraft Carrier Alliance, […]
Exit from auto manufacturing venture could help Samsung to focus on core automotive expertise, says GlobalData
Samsung has reportedly decided to make an exit from its automotive OEM dream by selling its 19.9% stake in Renault Samsung Motors. The divestment follows a trademark contract ending between Samsung Cars and Renault Samsung Motors last year and will put an end to the use of the ‘Samsung’ branding on vehicles from 2023. This […]
Vertex’s triple combination CFTR modulators drive cystic fibrosis market to $12.7bn by 2030, says GlobalData
The cystic fibrosis (CF) market is expected to grow from $8.2bn in 2020 to $12.7bn in 2030 in the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 4.5%, according to GlobalData. The leading data and analytics company notes that significant growth in this market will be driven by the uptake of […]
Electric vehicle revolution to underpin metals demand, says GlobalData
As several countries have committed to bring in cleaner fueled cars in a bid to reduce dependency on fossil fuels, the demand for electric vehicles (EVs) is quickly gaining attraction in automotive markets around the world. This shift towards electrification is now propelling the mining and power companies to extract the essential metals used as […]
Blue hydrogen to account for 85% of low-carbon hydrogen capacity in North America by 2030, says GlobalData
Hydrogen markets are taking off around the world, and GlobalData expects low-carbon hydrogen production in North America to nearly triple by 2030, reaching 1.4 million tons per annum (mtpa). The leading data and analytics company notes that North America’s transition has been driven by blue hydrogen, which is expected to make up 85% of low-carbon […]
Lightspeed surges ahead of Shopify with recent hiring activity, finds GlobalData
Lightspeed Commerce has surged ahead of its rival Shopify in terms of hiring activity according to GlobalData. The leading data and analytics company’s Job Analytics database finds that Lightspeed Commerce advertized around 2,600 jobs between January and August 2021*. August saw the most activity from Lightspeed – the most active it has been all year […]
2021 has been a blockbuster year for IPOs in the US with no signs of slowing down, says GlobalData
In the first seven months of 2021, US IPO activity thrived after a lackluster market environment in 2020, says GlobalData. According to the leading data and analytics company’s Deals database, there were 791 IPO listings registered with aggregate deal value of $212.5bn in the first seven months of 2021 on US stock exchanges. Compare this […]
5G Standalone use cases to help Singtel gain edge over competitors in Singapore, says GlobalData
Following the news that Singapore Telecommunications Limited (Singtel) has launched several new 5G Standalone (SA) use cases for enterprises and consumers in Singapore; Pradeepthi Kantipudi, Telecom Analyst at GlobalData, a leading data and analytics company, offers her view: “Growing digital adoption because of remote working and social distancing measures against the backdrop of the COVID-19 […]