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The future of work is likely to be a mixture of work from home (WFH) and office work, according to sentiment analysis by GlobalData, a leading data and analytics company. The company’s Filing Analytics platform notes that ‘WFH’, ‘remote working’ and ‘video conferencing’ continue to be prominent keywords in all company filings, and, while discussions […]
AI and big data will continue to disrupt pharmaceutical sector, according to healthcare industry professionals surveyed by GlobalData
Artificial intelligence (AI) and big data will play a major role in optimizing pharmaceutical drug discovery and development process, as indicated by 24% and 25% of global healthcare industry professionals, respectively 23% of the surveyed healthcare industry professionals confirmed that their companies were currently using in AI to enhance drug discovery and development process with […]
2021 is a pivotal year for field of personalized neoantigen immuno-oncology therapeutics, says GlobalData
New immunotherapy agents in the oncology pipeline aim to predict the most important tumor antigens and formulate a personalized vaccine against them. With multiple catalysts coming up in Q4 2021, data from a number of early-stage biotech companies will have a profound impact on the industry’s sentiment regarding personalized neoantigen therapeutics, according to GlobalData, a […]
Marine, aviation and transit insurance in Asia-Pacific to reach US$14.5bn by 2025, forecasts GlobalData
The marine, aviation and transit (MAT) insurance industry in Asia-Pacific is projected to grow from US$11.2bn in 2019 to US$14.5bn in 2025, in terms of written premiums, according to GlobalData, a leading data and analytics company. GlobalData’s insight report, ‘Global Marine, Aviation and Transit Insurance Market to 2025 – Key Business Lines, Trends, Drivers, Challenges, […]
Latin American construction industry to grow by 9.7% in 2021 and 5.6% in 2022, says GlobalData
Latin America’s construction industry is now forecast to grow by 9.7% in 2021 and 5.6% in 2022 (7.7% and 5.1% previously) due to higher-than-expected construction activity in the first quarter of 2021, especially in countries such as Brazil, Argentina, Colombia and Peru, where public authorities continue to struggle to contain COVID-19 infections, says GlobalData, a […]
Zomato may step up hiring like its US counterpart DoorDash post IPO success, says GlobalData
Following the news that India-based online food aggregator Zomato raised over INR40bn from anchor investors; Ajay Kumar Thalluri, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, offers his view: “Now that Zomato has taken the IPO route to raise funds, the company is likely to hire more and script a new chapter […]
Asia to lead global polypropylene capacity additions by 2025, says GlobalData
Asia is expected to lead the global polypropylene capacity additions with a capacity of 40.32 million tons per annum (mtpa) by 2025. China accounts for nearly half (47%) of Asia’s capacity additions and the country is projected to lead the global polypropylene capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s […]
COVID-19 vaccine market set to reach $19.5bn by 2026
The size of the COVID-19 vaccine market across the seven major markets (7MM*) will increase from $13.6bn in 2021 to $19.5bn in 2026 at a compound annual growth rate (CAGR) of 7.6% should annual vaccination be required, according to GlobalData, a leading data and analytics company. COVID-19 vaccines based on mRNA technology dominate the 7MM […]
Card payments in Saudi Arabia to grow by 29.6% in 2021
Saudi Arabia’s card payments market, which has registered sustained growth for the past few years, is set to increase strongly by 29.6% in 2021. The increasing preference for electronic payments amid the COVID-19 pandemic and a surge in contactless payments are likely to drive the country’s card payments market between 2021 and 2025 at a […]
JP Morgan and Goldman Sachs were top M&A financial advisers by value and volume in North America for H1 2021, finds GlobalData
JP Morgan and Goldman Sachs were the top mergers and acquisitions (M&A) financial advisers in North America for H1 2021 by value and volume, respectively. JP Morgan advised on 167 deals worth US$419.4bn, which was the highest value among all the advisers. Meanwhile, Goldman Sachs led in volume terms having advised on 168 deals worth […]
Gender-neutral to be the new standard in skincare and makeup, says GlobalData
Pride month may have ended, but the discussion around gender norms and their impact on the personal care market – which was valued at $474.2bn in 2020 – is only beginning. The changing perceptions of ‘masculine’ and ‘feminine’ have affected product marketing and consumer decisions, prompting brands to re-think their positioning and align their offerings […]
Simpson Thacher & Bartlett and Kirkland & Ellis were top M&A legal advisers by value and volume in North America for H1 2021, finds GlobalData
Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in North America for H1 2021 by value and volume, respectively. Simpson Thacher & Bartlett advised on 118 deals worth US$326.7bn, which was the highest value among all the advisers. Meanwhile, Kirkland & Ellis led in volume terms having […]
Croatia’s future priorities lie in strategic defense collaboration, says GlobalData
The economic impact of COVID-19 led to a reduction of HRK541.7m ($81.9m) between Croatian Defense expenditure plans in 2019* and 2020. However, GlobalData forecasts an increase in spending by 2026, with a focus on developing soldier equipment and small arms. The leading data and analytics company also notes that Croatia’s future priorities lie in strategic […]
Asia to spearhead global xylenes capacity additions by 2025, says GlobalData
Asia leads the global xylenes capacity additions with a capacity of 35.01 million tons per annum (mtpa) by 2025. China accounts for more than half of Asia’s capacity additions and the country is expected to lead the global xylenes capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘ Global […]
Seelos Therapeutics’ SLS-002 could be a strong competitior to Spravato for treatment of suicidal behavior, says GlobalData
Seelos Therapeutics has recently announced that the first patient has been dosed in the second part of its registrational study of SLS-002 (intranasal racemic ketamine) for acute suicidal ideation and behavior (ASIB) in patients with major depressive disorder (MDD). If approved SLS-002 would become only the second product approved specifically for ASIB, after Johnson & […]
Hero Electric aims for EV leadership with new business expansion plans in India, says GlobalData
Following the news that Hero Electric Vehicles, the electric arm of India’s leading two-wheeler company Hero MotoCorp, will invest INR7bn as part of its business expansion plans by 2025; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Hero Electric mulling investments in electric two-wheeler segment […]
Card payments in Israel to rebound and grow by 4.8% in 2021, says GlobalData
The Israel card payment market, which has been on the rise for the past few years, registered a decline of 3.8% in 2020 due to the COVID-19 pandemic with reduced consumer and commercial spending. However, with the gradual recovery in economic activities, card payments are expected to rise by 4.8% to reach ILS361.5bn (US$112.5bn) in […]
Carnival boosts job postings as it sets sail again, finds GlobalData
Carnival Corporation is readying to hire entry-level to vice-president roles to meet full fleet cruise operations for Summer 2022. As cruises resume after COVID-19 halted and slowed down listings for the large part of 2020, the company increased job advertisements from 65 jobs in Q1 2021 to 204 in Q2 2021, finds GlobalData, a leading […]
Egencia’s air-rail comparison tool signals shift towards a low-cost, sustainable future for business travel, says GlobalData
Travel management company (TMC) Egencia Travel’s game-changing new tool, which enables business travelers to compare rail alternatives to flights before purchase, will meet the modern-day demands of corporate travel programs, says GlobalData, a leading data and analytics company. Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, commented: “Cost and sustainability are key factors in […]
US-based startups raised US$152.9bn VC funding during H1 2021, finds GlobalData
US-based startups raised the highest venture capital (VC) funding amount during H1 2021 globally. A total of 5,145 VC funding deals were announced in the US during January to June 2021, while the disclosed funding value of these deals stood at US$152.9bn, according to GlobalData, a leading data and analytics company. Deal activity in 2021 […]