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Jonthan Brown

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Construction activity in Latin America to contract further in 2020

The construction industry in Latin America is expected to contract further in 2020 following a decline in the previous year, according to forecast updates by GlobalData, a leading data and analytics company. Before the COVID-19 pandemic, GlobalData expected growth in Latin America’s construction industry to recover to 2.3% by 2020 due to increasing construction activity, […]
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Quibi’s slow uptake is disappointing after promising start

Following the recent news that Quibi, a new Hollywood-backed short-form video app, has dropped out of the top 40 list of free apps on Apple’s US app store after just a week; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the challenge COVID-19 poses to Quibi: “Quibi […]
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COVID-19 is intensifying competition between collaboration specialists and tech giants

The COVID-19 pandemic has caused worldwide lockdowns, forcing millions of people to work remotely. Smaller companies providing collaborative tools are increasingly finding themselves battling the giants of the tech industry for prime position in a highly lucrative market, says GlobalData, a leading data and analytics company. Ella Benson Easton, Thematic Analyst at GlobalData, comments: “The […]
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Neurimmune and Ethris recovered patients antibody treatment for COVID-19 could remove plasma treatment bottleneck

As the COVID-19 pandemic continues to spread, collaborations between companies with differing areas of expertise could accelerate the availability of a treatment for the disease. Neurimmune and Ethris’ collaboration could produce a recovered patient antibody treatment that could be rapidly delivered to patients without requiring continued recovered patients’ plasma donations or continued verification of the antibodies […]
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5G networks not slowing down

Despite COVID-19 resulting in revenue pressures from slowing sales and consumer demand for new products, many major carriers say they still have the cash flow to move ahead with 5G deployments, says GlobalData, a leading data and analytics company. Lynnette Luna, Principal Analyst at GlobalData, comments: “No one can say for sure what impact the […]
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COVID-19 spurs cyberattacks on healthcare sector

The global healthcare sector has been subjected to an array of cyberattacks as it deals with the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Rajesh Muru, Principal Analyst at GlobalData, comments: “The COVID-19 pandemic has created further challenges in the healthcare sector as IT business units prioritize IT budgets and focus on […]
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COVID-19 pandemic hurts fossil fuel sector

The coal sector is expected to take the major brunt of the COVID-19 outbreak as electricity demand decreases due to production halts in major factories and industrial units globally, says GlobalData, a leading data and analytics company. Somik Das, Senior Power Analyst at GlobalData, comments: “Planned coal projects are expected to face challenges in obtaining […]
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India should reduce dependence on Chinese solar module market post-COVID-19

A drop in Chinese photovoltaic (PV) module prices may be expected following the COVID-19 epidemic as Chinese manufacturers have been forced to stockpile their modules. Reducing India’s dependence on the Chinese market would, therefore, benefit the solar industry from the cost stability and quality control standpoint, says GlobalData, a leading data and analytics company.  Somik […]
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Manz to resume operations with proper measures

Following the news that German solar photovoltaics (PV) manufacturer Manz has revealed plans to open up its Italian facility; Somik Das, Power Analyst at GlobalData, a leading data and analytics company, comments: “Based on recommendations from the German federal government and the European Commission, Manz temporarily shut its operations in Italy and Germany. Now with proper […]
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bioMérieux revenue expected to continue growth due to COVID-19 respiratory panel test currently in development

Following the announcement that French biotech company bioMérieux reports 21.5% Q1 revenue growth; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “bioMérieux experienced unprecedented Q1 revenue growth due to demand for its molecular biology products used in COVID-19 testing, including its US Food and Drug Administration (FDA) […]
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Impact of COVID-19 to significantly slow growth in Canadian insurance market

Canada’s high-quality universal healthcare system is set to limit exposure of private insurers in COVID-19 treatment but the non-life sector will struggle. Private health insurers largely foot the bill for prescription drugs, ambulance services and other related costs not covered by the public system. Therefore, GlobalData, a leading data and analytics company, expects non-life insurers […]
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Disruption to financial markets hurting Dutch insurers

Economic uncertainty and declining financial markets are expected to impact a range of Dutch insurance products, says GlobalData, a leading data and analytics company. GlobalData insurance analyst, Deblina Mitra, commented: “A rise in economic uncertainty amid the countrywide lockdown is expected to impact surety insurance and trade credit. The slowdowns and trade restrictions will impact […]
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