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Following the news that the Reserve Bank of India (RBI) has clarified that a 2020 Supreme Court ruling overruled a 2018 circular that caused many banks to warn customers to avoid cryptocurrencies; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “Recently, one of the biggest criticisms of cryptocurrencies […]
High unmet needs in HNSCC may be partially addressed by clinical development over next decade, says GlobalData
Improved efficacy for HNSCC therapeutics able to demonstrate an overall survival benefit remains a key unmet need in the indication. The next decade may see the introduction of personalized therapy options in locally advanced HNSCC settings along with identification of new druggable targets. Research is being conducted to test therapeutic de-intensification in oropharyngeal carcinoma patients. […]
5G hiring in India has more to offer than network testing, finds GlobalData
More companies are showing interest in 5G technologies with the Government of India allowing trials and testing. Companies are looking to integrate 5G technologies into existing network elements and stepping-up research and development to provide customer management solutions. Jobs postings with ‘5G’ in the title have doubled between Q4 2020 and Q1 2021, finds GlobalData, […]
Fixed broadband to drive Indonesia fixed communications service revenue at 13% CAGR through 2025, forecasts GlobalData
The Indonesia’s fixed communications services market revenue is set to increase at a compound annual growth rate (CAGR) of 13.3% from US$2.9bn in 2020 to US$5.3bn by 2025, mainly driven by strong growth in fixed broadband service adoption, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Indonesia Fixed Communication Forecast […]
Voice revenue to offset Indonesia mobile service revenues through 2025, reveals GlobalData
The Indonesia’s mobile services market will see its overall revenue grow at a relatively slower compound average growth rate (CAGR) of 1% from US$10.1bn in 2020 to US$10.5bn in 2025 as continued decline in mobile voice revenues will offset the steady progress made in the mobile data service segment, finds GlobalData, a leading data and […]
Notwithstanding COVID-19, majority of top 20 APAC tech firms managed to post growth in 2020, reveals GlobalData
Tencent, TSMC and WPG each registered over 20% YoY revenue growth Spending by enterprises across industries on digitalization likely to increase Semiconductor industry may emerge as net winner Increasing investments in digital transformation, data centers and Internet of things (IoT) deployment were instrumental in the more than 5% average revenue growth of the top 20 […]
Long-acting growth hormones to account for over 90% of growth hormone deficiency market share across US, Germany, and Japan by 2030, says GlobalData
Rapid uptake of long-acting growth hormones (GH) is set to shake up the growth hormone deficiency (GHD) space in the three major markets (3MM): the US, Germany and Japan. These therapies are projected to capture over 90% of market share in this region by 2030 due to their potential to improve patient convenience and compliance, […]
Attero will help MG Motor India to build complete EV ecosystem, says GlobalData
Following the news that MG Motor India has collaborated with India-based electronic asset management company and clean-tech provider Attero to recycle electric vehicle (EV) batteries; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “While OEMs, government and tech companies are working collectively on boosting the […]
Power consumption in Ukraine expected to decline by more than 29.6TWh in the next decade, says GlobalData
The annual power generation in Ukraine is estimated to fall by more than 22.8TWh in the next decade due to a combination of macroeconomic factors such as political instability and lack of a coherent national energy policy combined with slowdown in commercial and industrial sectors due to declining population, says GlobalData, a leading data and […]
Boehringer’s BI 425809 has potential to address cognitive impairment in schizophrenia market, says GlobalData
Boehringer Ingelheim recently announced that its product, BI 425809, has received Breakthrough Therapy Designation (BTD) by the US Food and Drug Administration (FDA) for Cognitive Impairment Associated with Schizophrenia (CIAS). There are currently no approved pharmacological treatments for CIAS and if BI 425809 is successful, it could address this unmet need in the schizophrenia market. […]
Slower travel methods could be the next big tourism trend as sustainability features more heavily in consumer decisions
Pent-up demand for immersive travel experiences with no set time limit could help ‘slow travel’ become the next big tourism trend. With tourists opting for longer stays due to many being able to work remotely, and sustainability featuring more heavily in travel decisions, it is clear that slow travel could be a global phenomenon in […]
Gatorade celebrity endorsements will encourage consumption from younger age demographics, says GlobalData
Following today’s news (27 May) that Gatorade (PepsiCo) has signed 23-year-old DK Metcalf, Seattle Seahawks’ wide receiver, to endorse the brand; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “The Gatorade-Metcalf endorsement emphasises the brand’s continued efforts to market its products towards younger consumers. Gatorade is shifting its […]
Coca-Cola Energy discontinuing sales in North America highlights gap in the market for hybrid innovations, says GlobalData
Although energy drinks have witnessed steady year-on-year (YOY) growth in the US recently, Coca-Cola has decided to discontinue its Coca-Cola Energy brand after 17 months in the market, in a bid to sharpen its product portfolio – a move that highlights the gap in the market for hybrid innovations, writes GlobalData, leading data and analytics […]
Retailers’ strategies to target extreme demographics will help them acquire an untapped pool of consumers
The COVID-19 pandemic has compelled more conservative or technology-averse consumers to experiment with online shopping to avoid crowded stores and the risk of virus transmission, accelerating the inevitable shift to e-commerce. To capitalize on this trend, retailers are devising strategies to serve extreme demographics. The approach, however, with which each generation is targeted is likely […]
Nestlé’s NPDs are creating opportunities and attracting consumers towards dairy alternatives in Asia, says GlobalData
The Asian dairy drinks alternatives sector* is expected to grow YoY to 9.4bn litres by 2026 as Nestlé, a leading player in the area, strengthens its presence with new product developments (NPD), according to GlobalData, a leading data and analytics company. Sheryl Gajete, Beverages Analyst at GlobalData, comments: “Nestlé’s new product launches – a plant-based […]
South Korea, Japan banking giants end 2020 at opposite end of growth spectrum, says GlobalData
The COVID-19 pandemic has led to a considerable instability in global capital markets, with a cascading effect on the banking sector. This is evident from the moderate growth in the consolidated revenue of the top 20 banks in Asia-Pacific (APAC). Against this backdrop, the banking giants from Japan and South Korea ended 2020 at the […]
Covea turns to startup to modernize motor product for post-COVID market, says GlobalData
Covea’s partnership with pay-per-mile motor insurer By Miles looks to suit both parties and consumers’ needs in the post-lockdown world. The product will offer pay-per mile motor insurance, which will appeal to consumers who have had budgets stretched by COVID-19 and may still be working from home, at least for some of the week, meaning […]
High inflation, increasing unemployment threaten retail spending in India, says GlobalData
India recorded a 11-year high wholesale price index (WPI) in April 2021 due to the rise in prices of oil, manufactured goods, minerals, and food products such as eggs and meat. As the country continues to reel under the second wave of the COVID-19 pandemic, the unemployment rate shot up by 8% in April (up […]
EUs 2030 CO2 target to accelerate ‘green credentials’ in Europe’s $2.4 trillion consumer goods industry, says GlobalData
The new EU climate laws, to be announced in June, will compel operators in Europe’s consumer goods industry – forecast to be valued at $2.4 trillion in 2021 – to restructure their operations in line with carbon neutral goals, writes GlobalData, a leading data and analytics company. Carmen Bryan, Consumer Analyst at GlobalData, comments: “The […]
High pricing could impact the viability of space travel
While 2021 is set to be a breakthrough year for commercial space travel, the viability of this hyper-premiumized and ultra-exclusive experience remains unknown says GlobalData, a leading data and analytics company. The concept of commercial space travel is no doubt exciting, and this is reflected by high demand for the extremely limited capacity available for […]