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Since COVID-19 was officially declared a pandemic by the World Health Organization (WHO), the peak in total number of clinical trials for the virus was seen in the month of April 2020. However, there has since been a steady decrease in new clinical trial investigations, except for the months of December 2020 and March 2021. […]
Aon embracing IoT to insure COVID-19 vaccine cargo demonstrates the technology’s potential in the insurance market
Aon’s specialized cargo insurance protection product integrated with Internet of Things (IoT) capabilities in order to provide supply chain protection for the global transportation of COVID-19 vaccines is a game-changer – especially for cargo insurance, which can take months to identify and settle, says GlobalData, a leading data and analytics company. IoT capabilities have become […]
‘Vegan’ claims are trending in South Korea as new plant-based innovations hit the market, says GlobalData
Vegan and vegetarian claims are becoming more important than ever in South Korea, leading to a vegan boom in new innovations that cater to this niche dietary requirement, says GlobalData, a leading data and analytics company. According to GlobalData’s 2021 Q1 Consumer Survey, 35% of South Koreans are somewhat or extremely likely to opt for […]
Deal activity in cybersecurity space witnessed fluctuating fortunes during 2016-2020, says GlobalData
Venture capital (VC) funding and mergers and acquisitions (M&A) activity in the cybersecurity space fluctuated during 2016-2020, according to GlobalData, a leading and data analytics company. VC deal volume announcement in the cybersecurity space shrank by 16.5% from 762 in 2019 to 636 deals in 2020 and the deal value declined by 25.6% from US$17.1bn […]
Sustainable fashion is being viewed as a necessity in the apparel industry post-COVID-19, says GlobalData
Consumers have shown a keen interest in brands adopting more sustainable actions in their value chains post-COVID-19 and one emerging trend in the apparel industry is the circular economy, which will be used to promote a sustainable future. While Europe and the Americas have been quite reactive to this trend, the Asia-Pacific (APAC) region still […]
Sequoia Capital was top VC investor in cloud space in 2020, says GlobalData
Nine out of the top ten venture capital (VC) investors by number of investments in the global cloud space in 2020 were headquartered in the US, while Sequoia Capital managed to top the list as the firm participated in 49 VC funding rounds, according to GlobalData, a leading data and analytics company. China-based Tencent Holdings […]
PLAY is well positioned to shake up Icelandic low-cost airline market, says GlobalData
The recent announcement of Iceland’s new low-cost carrier (LCC), PLAY, reaffirms that now is the perfect time to launch an LCC. With the airline’s carefully considered leisure route network, PLAY has many fruitful opportunities to thrive, says GlobalData, a leading data and analytics company. Gus Gardner, Associate Travel and Tourism Analyst at GlobalData, comments: “PLAY […]
Interim data from UK study ‘Com-COV’ suggest higher reactogenicity
Preliminary safety results from the Oxford led Phase II Com-COV trial investigating immune responses in patients given heterologous prime-boost vaccine schedules indicate that mixing vaccines leads to higher reactogenicity and more frequent side effects, observes GlobaData, a leading data and analytics company. Nancy Jaser, PharmD/MBA, Pharma Analyst at GlobalData, comments: “The preliminary safety results may […]
Dental devices market to rebound in 2021 as acquisitions rise
The COVID-19 pandemic saw certain markets such as anesthesia and respirator devices grow in 2020, while many others such as dental devices stagnated or saw a huge decline. However, dental devices are projected to make a strong recovery in 2021. The global market value for dental devices in 2021 is estimated to be $20.5bn, up […]
Digitalization helps consumer companies manage changes in demand, emerging consumption occasions and changing shopping methods, says GlobalData
Changes in demand, emerging consumption occasions, and changing shopping methods have been identified by leading data and analytics company GlobalData as three key aspects to which consumer companies and foodservice outlets have had to adapt due to COVID-19. The company’s latest report, ‘Future of Work in Consumer – Thematic Research’, reveals that companies have been […]
China to lead global LNG regasification capacity additions by 2025, says GlobalData
China is expected to lead the global LNG regasification capacity additions, contributing 27% of the total LNG regasification capacity additions between 2021 and 2025, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2021–2025 – Asia Dominates Global Regasification Capacity Additions and Capex […]
India strengthens its strategic ties with trading partners to revitalize retail trade, says GlobalData
India is focussing on strengthening its economic ties with the European Union and the US among others to boost bilateral trade. India’s commitment to enhance its strategic alliances will not only increase its presence globally but will also bring positivity and encouragement among the domestic manufacturers who are struggling with the weakened demand of goods […]
A new day for Alzheimer’s Disease treatment after FDA approval of Biogen’s Aduhelm, says GlobalData
Following FDA’s approval of Aduhelm (aducanumab) for the treatment of Alzheimer’s Disease (AD), after no new drug for this indication has been approved in the past 18 years despite more than 400 clinical trials and billions of dollars being spent; Alessio Brunello, Managing Analyst at GlobalData, a leading data and analytics company, offers his view: […]
Card payments in Malaysia to rebound with 10.6% growth in 2021, forecasts GlobalData
The Malaysian card payments market, supported by a gradual rise in consumer spending, is set to rebound strongly registering 10.6% growth in 2021 after a slowdown in 2020 due to COVID-19 pandemic, says GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments in Malaysia recorded a […]
Customer privacy and security need to take center stage as portable location trackers catch on, says GlobalData
The recent buzz around bluetooth-enabled location trackers, largely due to Apple’s Airtags, has placed this technology in the spotlight. Customers now need to be made aware of what private data these devices can gather and share because the buzz is likely to trigger start-ups and innovations in the field, and most users are unlikely to […]
Tremfya positive post-marketing data in COSMOS trial puts drug on path to see net sales of $577m globally for PsA by 2028, says GlobalData
The post-marketing data in the treatment refractory population of the COSMOS Phase IIIb study could allow J&J the opportunity to position interleukin (IL)-23 inhibitor Tremfya early in the PsA treatment algorithm, ahead of the older IL-17 drug class, according to GlobalData. If this happens, and J&J is able to contract aggressively with payers, the leading […]
Deezer hires to expand in ‘key markets’ through partnerships and build user base, finds GlobalData
Deezer’s recent hiring trend shows an increase in tech teams, media and editorial staff, and business development leaders across 14 of its 20 offices worldwide, according to the job analytics database by GlobalData. The leading data and analytics company notes that Deezer’s move is to maintain market presence and promote and develop new business/product lines […]
Royal Caribbean’s first US cruise offers hope of recovery for leading cruise operators in 2021, says GlobalData
The Centers for Disease Control and Prevention (CDC) awarding Royal Caribbean’s Celebrity Cruises Celebrity Edge vessel a ‘conditional sailing certificate’ signals a key point for cruise tourism recovery, as it is the first big cruise liner to have one of its ships set sail from the US in over a year. Short-term, there are still […]
Deal activity in cloud space largely showcased an upward trajectory during 2016-2020, says GlobalData
Venture capital (VC) funding and mergers and acquisitions (M&A) activity in the cloud space largely maintained an upward year-over-year (Y-o-Y) trajectory until 2020 when the COVID-19 pandemic reversed the trend. Although there was a decline in 2020 compared to 2019, there is a significant growth when compared with 2016’s deal volume and value, according to […]
Russia set to drive global methanol capacity additions by 2025
The former Soviet Union (FSU) has the highest capacity additions globally and its methanol capacity is expected to increase from 8.16 mtpa in 2020 to 44.61 mtpa in 2025 at an average annual growth rate (AAGR) of 34%. Within the FSU, Russia, accounts for more than half of the region’s capacity additions, and is expected to […]