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People with diabetes that do not have access to an insulin pump – or simply do not wish to use one – now have greater choice due to the emergence of new technologies such as smart insulin pens, caps and attachments, says GlobalData. The leading data and analytics company notes that these innovations improve diabetic […]
Wizz Air’s capacity ramp-up could bear fruit
Wizz Air’s bet on a European traffic rebound could pay dividends for the carrier. Low-cost flights are set to be in demand, and the ultra-low-cost carrier could be a European powerhouse this summer, says GlobalData, a leading data and analytics company. Wizz Air’s low fares will be in demand as it aims to operate at […]
Southeast Asia to increasingly rely on LNG imports through 2030, says GlobalData
Despite being a net exporter of liquefied natural gas (LNG), Southeast Asia is set to increasingly rely on imported LNG through 2030 to meet the growing demand and support the waning domestic supplies, says GlobalData, a leading data and analytics company. Southeast Asia represents a key growth region for natural gas over the next decade […]
ENT devices market to reach US$2.3bn in 2030, forecasts GlobalData
The global market values for Ear, Nose and Throat (ENT) devices, which mainly include the hearing implants and speech aid devices, is expected to grow at a compound annual growth rate (CAGR) of 4% from US$1.5bn in 2021 to US$2.3bn in 2030, according to GlobalData, a leading data and analytics company. Kevin Dang, Medical Data […]
Li Auto outpaces Tesla in China job postings, reveals GlobalData
Growing deliveries for maiden mid-size SUV ‘Li ONE’ and the introduction of new production line seems to have increased Beijing-based Tesla rival Li Auto’s need for talent. The US-listed electric vehicle (EV) maker is rallying for new hires with job postings increasing from 159 jobs in January 2021 to 441 in July 2021, surpassing Tesla’s […]
GlobalData prediction of BharatPe becoming unicorn comes true
Following the news that India-based merchant payments and financial services provider BharatPe has raised US$370m in fresh Series E funding; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “As rightly predicted by GlobalData’s Unicorn Prediction Model (uses proprietary machine learning (ML) algorithms to accurately identify promising future […]
Flourishing digital economy helps startup ecosystem in India, says GlobalData
Following the news that two Indian unicorns—Nykaa and PolicyBazaar—have filed for listing in Indian exchanges and two startups—BharatPe and OfBusiness—have joined the unicorn club; Swati Verma, Associate Project Manager of Thematic Research at GlobalData, offers her view: “India has become a digital-first economy due to rising smartphone penetration and affordable mobile Internet. Consumer-facing tech startups […]
Tinder missed a golden opportunity to bring video calling to the app during the pandemic, says GlobalData
Following the news that Match Group, the parent company of Tinder, announced during its Q2 earnings that it would add audio and video calling to its dating app portfolio; Dr Lil Read, Analyst at the GlobalData Thematic Team, offers her view: “Tinder missed a golden opportunity to add video calling to the app during the […]
US shale producers remain disciplined with production and capital guidance despite high oil prices, says GlobalData
The speed at which new rigs are put to new developments is considerably less than in previous price cycles. Most US shale producers are being conservative in their production and capital guidance, as priorities remain around protecting balance sheets and generating free cash flow. For many operators, this has led to a drawdown of drilled […]
Expansion of voco brand will strengthen IHG’s eco-credentials, says GlobalData
The ever-expanding premium hotel brand voco is showing no signs of slowing down, having announced in July that it is bringing its eco-friendly hotels to locations such as Chicago, the Gyeonggi-do province in Korea, Albania and Dubai. Leading data and analytics company GlobalData notes that the upscale hotel market is expected to gain some of […]
Asia to spearhead global refinery hydrotreater capacity additions by 2025, says GlobalData
Asia is expected to register the highest refinery hydrotreater capacity additions globally between 2021 and 2025, contributing about 40% of the total capacity additions by 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 Operating and […]
D-dimer tests demand growing in China amid COVID-19, says GlobalData
The significance of monitoring D-dimer levels in COVID-19 cases during treatment is set to drive the demand for D-dimer tests market in China at a compound annual growth rate (CAGR) about 10% between 2020 and 2025, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hemostasis Tests (In Vitro Diagnostics) – Global Market […]
COVID-19 hospitalization costs impose substantial financial burden on Indian patients, says GlobalData
India’s public expenditure on healthcare has exposed weaknesses in its infrastructure, especially during the second wave of the COVID-19 pandemic. Against this backdrop, patients must rely on private hospitals, which is imposing a heavy economic burden on COVID-19 patients, says GlobalData, a leading data analytics and research company. In its FY 2021 Union Budget, India […]
CHMP sheds positive light on roxadustat use for CKD anemia in Europe, says GlobalData
Astellas Pharma and Fibrogen announced on 25 June 2021 that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) had recommended the approval of Evrenzo (roxadustat) for symptomatic anemia associated with chronic kidney disease (CKD). The CHMP’s positive opinions are likely to shed more light on Evrenzo’s ability to […]
GlobalData predicts future blockchain unicorns
Whether to transform digital transactions using smart contracts or to ensure transparency and data integrity, startups are harnessing the power of blockchain-led transformation to capture opportunities spanning across industries. Against this backdrop, the Unicorn Prediction Model of GlobalData, a leading data and analytics company, has released a list of 25 blockchain startups that have the […]
Global low carbon hydrogen production capacity to reach 14 mtpa in 2030, forecasts GlobalData
Global capacity for hydrogen production from renewable energy or natural gas with carbon capture could increase by over 20 times reaching 14 million tonnes per annum (mtpa) by 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hydrogen Transition Outlook and Trends – Q3 2021’, reveals that recent announcements have brought […]
GlobalData identifies virtual and augmented reality as innovation-led disruptive tech, picks top startups
Rapid acceleration in innovation in virtual and augmented reality (VAR) space is quickly bridging the digital and physical worlds to deliver tangible and significant applications across diverse industries. GlobalData, a leading data and analytics company, identifies VAR as a leading innovation driven technology and has picked top startups in VAR space with high probability of […]
Early-stage funding rounds continue to dominate global VC funding landscape in Q2 2021, finds GlobalData
Early-stage funding rounds (comprising Seed and Series A funding rounds) continued to dominate the global VC funding landscape in terms of deal volume during the second quarter of 2021, according to GlobalData, a leading data and analytics company. The total number of deals with disclosed funding rounds announced during Q2 2021 stood at 4,122. Deals […]
Cricket Wireless’ collaboration with Acorns is an appealing loyalty play for budget-conscious consumers, says GlobalData
Following today’s news (4 August) that Cricket Wireless is collaborating with micro-investing platform Acorns to help consumers pursue their financial goals; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “AT&T’s prepaid secondary brand Cricket Wireless is following a worldwide trend in which telecom operators craft mutually beneficial, symbiotic […]
VC firms secured most investments in North America in Q2 2021, finds GlobalData
Global venture capital (VC) funding volume continued to showcase a declining trend during the months in the second quarter (Q2) of 2021, with inconsistent activity across most of the regions. However, North America continued to attract the highest number of VC investments during the quarter, according to GlobalData, a leading data and analytics company. The […]