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It is often worried that the rise of artificial intelligence (AI) will negatively impact employment, but GlobalData notes that the rush for digitization and Industry 4.0 have actually provided a boost to available job opportunities and will continue to do so. The data and analytics company points out that there has been a 165% increase […]
Sales for HIV drugs containing TAF to continue to exceed $15bn by 2029 while TDF to decline, says GlobalData
HIV drugs containing tenofovir alafenamide (TAF) are set to see sales over $15bn by 2029*, supported by the ingredient’s high tolerance in high-risk patients, according to GlobalData. The leading data and analytics company compares this with drugs containing the once top-selling tenofovir disoproxil fumarate (TDF). These are set to see steady decline due to key […]
Tower Semiconductor’s hiring increases by 126% in the US and Israel to meet global chip demand, finds GlobalData
Tower Semiconductor is ramping up fab manufacturing in the US and Israel to meet global demand, according to its recent hiring activity tracked by GlobalData. The data and analytics company notes that Tower Semiconductor increased the number of active job advertisements by over 126% from 30 August 2020 to 127 in August 2021. The majority […]
Gene therapies could revolutionize cardiovascular disease management offering a one-time treatment for conditions such as heart failure, says GlobalData
Gene therapies could revolutionize the management of chronic cardiovascular diseases (CVDs) such as heart failure, according to GlobalData. The leading data and analytics company notes that there are currently *87 CVD gene therapies currently in development, and they hold potential to vastly improve patients’ quality of life. Fiona Chisholm, Pharma Analyst at GlobalData comments: “As […]
Capacity expansion investment to boost MG Motor competitive position in India, says GlobalData
Following the news that automaker MG Motor plans to invest INR25bn (US$340m) in India by 2022 end; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Amid the backdrop of the growing demand for its cars in India and the need to manufacture newer models for […]
Alibaba must align operations in line with consumer preferences to maintain dominance, says GlobalData
Despite the Chinese government’s scrutiny over privacy and data security concerns, domestic e-commerce giant Alibaba Group reported a 34% growth in revenues to RMB205.74bn (US$30.4bn) for the quarter ended in June 2021. Alibaba must continue to adjust its operations and deals according to the constantly evolving consumer preferences and shopping habits to maintain its dominance […]
Augmented reality will be game-changer in Indian edtech, says GlobalData
Augmented reality (AR) is revolutionizing educational technology (edtech) in India and beyond. As a result, traditional approaches to teaching in critical science, technology, engineering, and mathematics (STEM) subjects will be transformed by AR, says GlobalData, a leading data and analytics company. In GlobalData’s Emerging Technology Sentiment Analysis, Q2 2021 – Thematic Research*, AR was perceived […]
GlobalData predicts future cybersecurity unicorns
Right from the network and data security to identity management and unified threat management (UTM), startups are offering cybersecurity solutions to identify vulnerabilities, thwart attacks, and secure networks. Against this backdrop, the Unicorn Prediction Model of GlobalData, a leading data and analytics company, has released a list of 50 cybersecurity startups that have the potential to […]
Global bauxite production to grow by 3.8% in 2021, supported by rising output from Australia and Guinea, says GlobalData
After rising by an estimated 1.2% in 2020 to 359.2Mt, global bauxite production is forecast by GlobalData to increase by 3.8% in 2021 to reach 372.8Mt. The leading data and analytics company notes that increased output from mines in Australia (+4.1%) and Guinea (+3.6%), as well as production from mines elsewhere returning to their pre-COVID […]
Argentina introduces gas plan too late and forces purchase of LNG at record high prices, says GlobalData
Argentina’s Plan Gas IV, which aimed to incentivize natural gas production in the country, was introduced too late, according to GlobalData. The data and analytics company notes that the plan’s delays have meant production has not ramped up enough to get the country through the winter, and it will be forced to rely on importing […]
Despite late return to market, India-focused SUV to improve Honda’s competitive position, says GlobalData
Following the news that Honda Cars India Limited (HCIL) is developing an India-centric SUV; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “With the announcement of an India-focused SUV, Honda Cars India is following the trail of other automakers. Despite the action being ‘late’, the […]
Apple’s hiring activity sees significant boost for new products and retail stores, reveals GlobalData
Apple has stepped up hiring in the last few months to provide a significant staff boost to its retail stores and new product development, according to research by GlobalData. The leading data and analytics company’s Job Analytics Database reveals that Apple’s job postings increased by 78% in July 2021, when compared to July 2020, and […]
Continuous participation in International Army Games highlights China’s deepening strategic ties with Russia, says GlobalData
China will be debuting J-10B fighter, J-16 fighter and Y-20 large transport aircraft at the International Army Games 2021 in Russia. Other participating models include the H-6K bomber and Y-8 tactical transport aircraft, making 11 aircraft in total attending the event with all models independently produced in China. China’s continuous participation in the International Army […]
GlobalData reveals top 20 beauty influencers on Twitter during Q2 2021
The COVID-19 pandemic has sprinkled a bittersweet experience for beauty and skincare industry as sales were affected due to widespread store closures, but the silver lining emerged from increasing interest in beauty routines for skincare and haircare. Against this backdrop, GlobalData, a leading data and analytics company, has ranked the top beauty influencers during the […]
General insurance industry in Japan to reach US$133.1bn in 2025, forecasts GlobalData
The general insurance industry in Japan is projected to grow from JPY11.1 trillion (US$104.1bn) in 2020 to JPY12.6 trillion (US$133.1bn) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. GlobalData has revised Japan’s general insurance forecast in the aftermath of the COVID-19 pandemic. As per the […]
GlobalData reveals list of top 20 fintech influencers in Q2 2021 to follow on Twitter
Fintech adoption was already on the rise prior to the COVID-19 pandemic. However, the uncertainty related to the pandemic accelerated shift towards digital financial life and it became an indispensable part of daily life. Against this backdrop, GlobalData, a leading data and analytics company, has ranked the top fintech influencers during the second quarter (Q2) […]
Delta variant casts shadow on Australia economic recovery, reveals GlobalData
As the Delta variant of COVID-19 sweeps across Australia and impacts the recovery prospects of tourism and other sectors, GlobalData, a leading data and analytics company, has revised down the 2021 GDP growth forecast for Australia from 5.19% in July 2021 to 4.97% in August 2021. More than half of Australia’s population went under lockdown […]
Indian startups next only to Chinese counterparts in APAC with US$16.9bn VC funding during January-July 2021, reveals GlobalData
Despite the third wave of COVID-19 pandemic looming large and slow economic recovery, venture capital (VC) investors seem to be reposing faith in the Indian startup ecosystem. In fact, Indian startups stood next only to Chinese counterparts in terms of VC funding value among the Asia-Pacific (APAC) countries during January to July 2021, reveals GlobalData, […]
Middle East to spearhead global refinery condensate splitter capacity additions by 2025, says GlobalData
The Middle East is expected to register the highest refinery condensate splitter capacity additions globally between 2021 and 2025, contributing more than half of the total capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Condensate Splitter Units Outlook to 2025’, reveals that the Middle East is likely […]
India to lead refinery hydrotreater capacity additions in Asia through 2025, says GlobalData
India is expected to register the second highest refinery hydrotreater capacity additions in Asia between 2021 and 2025, contributing about 35% of the total capacity additions through 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Hydrotreater Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All […]