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The Japanese e-commerce market is estimated to register a strong growth of 10.5% in 2021, as consumers are increasingly shifting from offline to online, according to GlobalData, a leading data and analytics company. Japan has a well-developed e-commerce market and has registered sustainable growth over the last five years supported by high mobile and online […]
Play’s acquisition of UPC Poland will strengthen its convergence strategy, says GlobalData
Following the news that iliad Group’s Polish telecom operator, Play, will acquire Liberty Global’s UPC Poland telco for PLN7.0bn ($1.8bn); Madison Galati, Telecoms Market Data & Intelligence Analyst at GlobalData, a leading data and analytics company, offers her view: “The acquisition of UPC Poland will strengthen Play’s standing in the fixed broadband segment, allowing Play to […]
Reduction in UK’s red-listed countries to boost economic activities, says GlobalData
Leading data and analytics company GlobalData has adjusted its forecasts for the UK’s real GDP growth to 6.75% in 2021 – an upward revision of 0.4 percentage points from the May 2021 forecast – following several decisions taken by the UK Prime Minister last week to ease travel rules following COVID-19. The changes, which included […]
APAC stretchers and cots market to reach US$490m in 2025, forecasts GlobalData
The stretchers and cots market in the Asia-Pacific (APAC) region is expected to reach US$490m in 2025, driven by increasing investments in hospital infrastructure and rising healthcare expenditure, according to GlobalData, a leading data & analytics company. GlobalData’s latest report, ‘Stretchers and Cots (Hospital Supplies) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)’, […]
Amazon looks to localization to succeed in India, says GlobalData
Following the news that e-commerce giant Amazon plans to roll out Hindi language voice shopping experience feature in India: Swati Verma, Associate Project Manager of Thematic Research at GlobalData, offers her view: “India has emerged as a land of digital opportunities for foreign tech and media giants. Amazon, a leader in India’s e-commerce, video streaming, […]
Product personalization to drive Australia make-up market at 3% CAGR through 2025, says GlobalData
Make-up demand in Australia is primarily motivated by minimalistic and personalized products. Subsequently, the market is projected to grow at a compound annual growth rate (CAGR) of 3% from A$1bn (US$0.7bn) in 2020 to A$1.2bn (US$0.9bn) in 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Make-up – Market Assessment and Forecasts […]
Nestle’s new initiative highlights how upcycling can tackle APAC’s mounting food wastage problem, says GlobalData
Even as governments grapple with the challenges of ensuring long-term food security for millions in the region, the Asia-Pacific (APAC) remains one of the top contributors to the global food waste problem. Nestle Singapore’s recent move to upcycle food byproducts from its factories showcases how corporations can address this crucial issue, says GlobalData, a leading […]
Too many adults in the US remain unvaccinated to focus on vaccinating children, says GlobalData
Following the news that Pfizer/BioNTech will apply for authorization of their COVID-19 vaccine Comirnaty for children ages 5–11 after showing positive initial data from a trial at a lower dose in this age group; Philipp Rosenbaum, PhD, Senior Healthcare Analyst at GlobalData, a leading data and analytics company, offers his view: “It will be a […]
GlobalData lists top five most popular tourist activities in H1 2021
Post-pandemic travel recovery has led people to head out to explore outdoors with various tourist activities, a way to address the individual mental health. An analysis of GlobalData’s Social Media Analytics (SMA) Platform, which identifies and tracks the emerging trends, pain areas, new fields of innovation among discussions of Twitter Influencers and Redditors, has revealed […]
Applied Materials, ASML and Lam Research list over 19,000 jobs in 2021 amid semiconductor crisis, finds GlobalData
The global chip shortage has necessitated semiconductor companies to boost production capacity. Leading data and analytics company GlobalData’s Job Analytics database shows that three NASDAQ-listed wafer fabrication equipment (WFE) manufacturers – Lam Research, Applied Materials and ASML Holding – have ramped up their supply lines to meet growing demand, and this has led to an […]
India needs more digital public initiatives on diabetes, obesity, and mental health amid COVID-19 era, says GlobalData
In collaboration with the LaparoObeso center, the Indian state of Maharashtra has recently launched a digital campaign to raise awareness of diabetes and obesity. In addition, the Indian state of Delhi’s premier medical institute, All India Institute of Medical Sciences, Delhi (AIIMS Delhi), has developed mobile apps for patients with chronic mental illness and their […]
HER2+ breast cancer market to reach $12.1bn by 2030 in the 8MM driven by launch of five pipeline agents and label expansions in earlier settings, says GlobalData
The HER2+ breast cancer market is expected to experience low growth from $10.4bn in 2020 to $12.1bn in 2030 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 1.5%, according to GlobalData. The leading data and analytics company notes that growth will be driven by the anticipated launch of five […]
Top five trends to watch in the spirits and wine sector over 2021/2022, according to GlobalData
Disruptions in supply chains, crop damage as a result of climate change, and a shift in consumer attitudes towards drinking are set to shape new trends and consumption habits in spirits and wine over the coming years, supporting steady growth, according to GlobalData. The leading data and analytics company expects the market to increase at […]
Mentions of ‘Edge Computing’ sees 17% increase in 2021 H1 company filings and uptick in sentiments, says GlobalData
Edge computing is a rising topic of discussion in the tech industry. Mentions of edge computing technology in company filings have risen every year for the past five years, with 2021 H1 discussions surging by 17% compared to H1 2020, according GlobalData, a leading data and analytics company. Vishwas Vyas, Analyst at GlobalData, says: “The […]
Smart grid-enabled technologies are witnessing huge uptake as they help in increasing the power grid’s efficiency and reliability, says GlobalData
Smart grid-enabled technologies such as smart metering, demand response, and vehicle-to-grid (V2G) are witnessing huge uptake globally, according to GlobalData. The leading data and analytics company notes that this uptick in development is due to the technology offering several benefits such as greater transparency and control over power consumption, improvements in grid reliability, and reduced […]
Novel, innovative K-beauty products to lead South Korean make-up market growth, says GlobalData
The South Korean make-up market is projected to grow at a compound annual growth rate (CAGR) of 9.2% from KRW2.1 trillion (US$1.8bn) in 2020 to KRW3.3 trillion (US$2.9bn) in 2025, driven by novel and innovative ‘K-beauty’ products, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Make-up – Market Assessment and Forecasts […]
McDonald’s ‘green Happy Meal’ toys need recyclable options, says GlobalData
Following today’s news that McDonald’s has pledged to offer more sustainable Happy Meal toys globally by the end of 2025; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Consumers are concerned about the use of plastic in foodservice – whether that is making packaging plastic free (an option […]
Foxconn’s EV ambition to take-off in Thailand, says GlobalData
Taiwan-based smartphone manufacturing giant Hon Hai Precision Industry Co. (Foxconn) and state-owned oil supplier PTT PLC have signed an agreement to start electric vehicle (EV) manufacturing facility in Thailand. The agreement, which follows the memorandum of understanding (MoU) signed between the parties for cooperation on EVs in June 2021, will help Foxconn in taking-off its […]
Observability market to consolidate into automation solutions in 2022, says GlobalData
Accelerated digitalization is steering operations teams towards new observability stacks to oversee an increasingly diverse and distributed IT portfolio, according to GlobalData. The leading data and analytics company notes that companies are overwhelmed with the move from monolithic apps to microservices where various service components within a single app must be secured and managed. According […]
COVID-19 accelerates mobile wallet adoption across Asia-Pacific, finds GlobalData
Mobile wallet adoption and usage is poised for major growth in the next few years in the Asia-Pacific (APAC) region, and thereby displace traditional payments such as cash and cards. The COVID-19 pandemic has accelerated the trend as mobile payment has emerged as one of the few areas in the whole payments industry that has […]