Hari Gorla

Packaging

Unilever-EPL partnership takes a major step towards sustainability momentum, says GlobalData

Sustainability being the most important theme of the decade, businesses are leveraging new ways of innovative design packaging. Therefore, riding on the path of creating a positive impact on the environment, one of the major speciality packaging company, Essel Propack Limited has collaborated with Unilever to supply fully recyclable Platina tubes in the oral care […]

Sport

NFL makes most profit from naming rights in North America but Europe market falls significantly short in comparison, says GlobalData

A whopping 91% of all venues used in the NFL are subject to a title naming partnership. Coupled with the fact that the league boasts the biggest and some of the most famous stadias worldwide, this means that the league generates the most income from stadium naming rights deals, says GlobalData, a leading data and […]

Strategic Intelligence

60% mobile gaming revenue came from APAC region in 2020, led by China at 35%, says GlobalData

China accounted for the lion’s share of the global mobile gaming* market. In 2020, 35% of global mobile gaming revenue was generated in China, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thematic Research: Mobile Gaming’, reveals that the APAC region contributed nearly 60% of mobile gaming revenue in 2020. Revenues […]

Business Fundamentals

US firms sweep GlobalData’s list of top ten VC investors in cybersecurity space

All of the top ten venture capital (VC) investors, by number of investments in global cybersecurity space in 2020, were headquartered in the US, according to GlobalData, a leading data and analytics company. Lightspeed Management managed to top the list as the firm participated in 15 VC funding rounds. Aurojyoti Bose, Lead Analyst at GlobalData, […]

Insurance

Hippo and Metromile combined auto-home insurance will prove popular for customers in the US

Two insurtech giants, Hippo and Metromile, have launched combined auto-home insurance in the US, which will provide consumers with more convenience and value. The product is set to expand across the US and beyond and GlobalData believes it would be well received in the UK. The policy will package together household and pay-per-mile motor insurance […]

Automotive

Alibaba exploring opportunities in autonomous logistic distribution with new self-driving plans in China, says GlobalData

Following the news that Chinese technology and retail giant Alibaba is exploring opportunities to develop self-driving trucks with logistics subsidiary Cainiao Network Technology Co., Ltd; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The news of Alibaba working with its logistics subsidiary Cainiao on self-driving […]

Oil & Gas

Power mix transitions present diverging paths for GCC countries’ gas demand, says GlobalData

Gas demand for power generation consumed above 13 bcfd in 2020, representing almost 50% of the total demand in the Gulf Cooperation Council (GCC) countries. It is expected that this demand will increase by 14% by 2029. The transition from oil to gas for less carbon-intensive power generation has begun in the region. In Saudi […]

Construction

Prospects for increasing infrastructure investment in Latin America remain weak, says GlobalData

As Latin America faces a new electoral cycle and an economy deeply devastated by a damaging fresh wave of COVID-19 infections and renewed lockdown restrictions, the prospects for governments in the region to increase spending for infrastructure this year remain weak, says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Prospects for […]

Business Fundamentals, Travel & Tourism

Deal-making activity in the travel & tourism sector declined by 25.4% during May 2021, finds GlobalData

A total of 53 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing) were announced in the global travel and tourism sector during May, which is a decline of 25.4% over 71 deals announced in April, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “May […]

Sport

Without the Olympics, the entire global sporting economy is at risk

The four-year Olympic cycle generates significant revenue for the International Olympic Committee (IOC) and the 28-member International Federations, with sponsors and broadcasters committing billions in rights and sponsorship fees for partnerships that are able to leverage the iconic five rings logo. The threat of the Olympics not going ahead in Tokyo has been hanging over […]

Travel & Tourism

Travelers prefer booking directly with providers amid uncertainty, according to a GlobalData poll

A recent GlobalData poll has revealed a shift in consumer preference towards booking holidays directly, instead of going through an online travel agency (OTA). A total 39%* of respondents said they would typically book directly, followed by 17% that opted for OTAs and price comparison sites. The leading data and analytics company notes that this […]

Uncategorised

Global risk increased marginally in Q1 2021 to 45.53 as countries’ return back to lockdown damages business sentiment, says GlobalData

Resurgence of COVID-19 cases and reimposition of lockdown restrictions have hurt business sentiments and led to increase in overall global risk, says GlobalData, a leading data and analytics company. The latest update to GlobalData’s report, ‘Country Risk Index (GCRI) Q1 2021’, finds that global risk increased to 43.53 out of 100 in 2021 from 43.42 […]

Consumer

Seafood 2040 funding to boost sustainable growth of UK’s £3.8bn fish and seafood sector, says GlobalData

Seafood 2040’s latest funding approval to continue developing new strategies for the UK’s seafood sector will help to reassure industry players post-Brexit and build a stronger, sustainable fish and seafood sector. The sector is valued at a forecast £3.8bn in 2020 and is currently expected to record steady growth, posting a compound annual growth rate […]

Business Fundamentals

Tech sector’s shortage mentions rose by 74% in Q1 2021 as supply-demand gap widens, says GlobalData

Several tech manufacturers, including Apple, Samsung, Sony and Acer, are facing production issues due to the ongoing component shortage. Discussions around shortage and related keywords rose quarter-on-quarter by 74% in Q1 2021 compared to Q4 2020, with around 17% of the mentions about impacts on production and capacity, according to the Filing Analytics platform by […]

Uncategorised

Mobile gaming will become a $272bn industry by 2030, says GlobalData

Set to be a $272bn industry by 2030, mobile gaming* is the dominant segment in the global video games sector. With the upcoming 5G revolution around the corner, new processors and improved display technologies are making mobile platforms more game ready than before. Every games company must develop expertise in this area to stay relevant, […]

Pharma

Global oncology Phase II clinical trials heavily impacted by COVID-19 disruptions, says GlobalData

Companies and organizations continue to report clinical trial disruptions across the globe due to the COVID-19 pandemic. These disruptions are being caused by a number of factors including delayed initiation, enrollment suspension, and slow enrollment, according to GlobalData, a leading data and analytics company. GlobalData’s recent global survey of key opinion leaders in the pharma […]

Oil & Gas

Oil majors actively pursuing renewable power projects for long-term sustainability, according to GlobalData

Expected low demand for fossil fuels is compelling major oil and gas companies – including BP, Total and Shell – to actively restructure their businesses to add renewable power projects in their portfolio. This will help these companies reduce their carbon intensity and align with the changing energy mix in the long run, according to […]

Banking

Card payments in South Korea to grow by 5.3% in 2021, says GlobalData

South Korea’s payment cards market is well developed and has been on a sustained growth for the past few years. High banked population, developed payment infrastructure and high financial awareness, has resulted in high card penetration and usage. Hence, the card payments market is set to rebound and with 5.3% growth in 2021, says GlobalData, […]

Business Fundamentals, Technology

Robust demand for digital transformation helped majority of top 25 tech companies by revenue demonstrate strong business growth in pandemic-hit year, says GlobalData

Despite the COVID-19 pandemic, 15 of the top 25 technology companies by revenue reported a year-on-year (YoY) rise in revenue, with 28% seeing double-digit growth Approximately 50% of the top 25 technology companies by revenue recorded double-digit growth in their YoY net profit The top 25 technology companies that reported considerable improvement in profitability over […]

Technology

Small business market has become key post-pandemic battleground, says GlobalData

BT’s recent move to target the small office/home office (SOHO) market segment is the latest in a string of similar moves by service providers in both Europe and the Americas highlighting the small business market as a key growth target. This trend has emerged as enterprises priorities and ways of doing business have changed in […]

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