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Technology Innovation Intensity

Technological innovation is relentless. This challenges the best of people to make informed decisions at the right time to avoid being disrupted, with added challenge of separating hype from reality. Against this backdrop, GlobalData has launched ‘Technology Innovation Intensity (TII)’— a proprietary data-driven model to identify leading innovation driven technologies. TII incorporates key innovation drivers […]
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Business diversification strategies to help Reliance Retail achieve greater heights in 2022, finds GlobalData

Reliance Retail witnessed a 10.5% hike in revenues during the second quarter of 2021-22 with the sales valued at INR45.4bn (USD0.6bn) compared to INR41.1bn (USD0.5bn) a year ago. The retailer’s business diversification strategy along with continuous advancements in existing operations will help it to scale new highs in 2022, forecasts GlobalData, a leading data and […]
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Strong petrochemicals demand drives projects’ starts in Malaysia through 2025, forecasts GlobalData

Malaysia is likely to witness start of operations of 31 petrochemicals projects from 2021 to 2025 driven by robust demand for petrochemicals, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Petrochemicals New-Build and Expansion Projects Outlook, 2021-2025’ reveals that out of 31 projects expected to commence operations in Malaysia, polyethylene […]
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Asian food aggregators step up focus on e-groceries, finds GlobalData

COVID-19 has provided an opportunity for hyperlocal food-delivery service providers to diversify their operations to boost revenues and make their business more resilient to the changing economic cycles and consumer behavior. In line with this, Asian last mile delivery service providers such as Singapore-based Grab Holdings and Indian food aggregator Swiggy are stepping up their […]
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Australia’s AS9 selection should aid Team Thunder to secure bid for UK’s ‘Mobile Fires Platform’ contract, says GlobalData

Following the news that Australia has chosen Hanwha Defense’s K9 (Australian designation AS9) for their new self-propelled howitzer; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “Australia’s decision to purchase 30 AS9 for its army should help Team Thunder (led by Hanwha Defense), in its bid, to secure the […]
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Toyota fast-tracks EV ambitions with fresh investment, says GlobalData

Following the news that Japanese automaker Toyota commits US$70bn for electrification of its vehicles by 2030; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Toyota seems to be fast-tracking its electrification ambitions with additional investments to be a global leader and overtake giants such as […]
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India to witness significant petrochemicals project starts through 2025 to meet growing demand, says GlobalData

India is likely to start the operations of 281 petrochemicals projects from 2021 to 2025, accounting for nearly 34% of the total upcoming petrochemicals project starts in Asia by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Petrochemicals New-Build and Expansion Projects Outlook, 2021-2025’, reveals that out of the […]
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Asia-Pacific accounts for nearly 50% of global online retail payments market, reveals GlobalData

Growing smartphone and Internet penetration as well as massive increase in e-commerce are driving the Asia-Pacific (APAC) online retail payments market. As a result, the region accounted for approximately 50% of the global online retail payments market in 2020, according to GlobalData, a leading data and analytics company. According to GlobalData’s Retail Intelligence Center, the […]
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Recovery in Singapore wealth market to drive affluent population growth in 2021 and 2022, forecasts GlobalData

The Singapore wealth market, especially equities and mutual funds, are expected to rebound in 2021 and 2022 after a pandemic induced contraction in 2020, pushing up affluent investors’ numbers. This population, which includes mass affluent investors (holding liquid assets of US$50,000–$1m) and High-net-worth (HNW) individuals (holding liquid assets of more than US$1m), is expected to […]
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Peripheral vascular stents market in India to witness 6% growth through 2030, forecasts GlobalData

The peripheral vascular stents market in India is expected to grow at a compound annual growth rate (CAGR) of 6% between 2021 and 2030, driven by the growing prevalence of peripheral artery disease (PAD), improved diagnosis and increased availability of treatment, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Peripheral Vascular Stents […]
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Delivery innovations in retail crucial for meeting the rapidly growing e-commerce demand in APAC, finds GlobalData

Following the outbreak of COVID-19 in early 2020, 90%* of the consumers in the Asia-Pacific (APAC) region are spending more time ‘online’, thus leading to an increase in customers’ expenditure on e-commerce products. Hence, retailers must come up with innovative delivery solutions to meet this changed customers’ expectations and rapidly growing e-commerce demand, says GlobalData, a […]
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Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025, forecasts GlobalData

Driven by growing consumers’ preferences for online shopping and increasing internet penetration, the Philippines e-commerce market has been registering growth during the last few years. The COVID-19 pandemic has further accelerated this trend. Consequently, e-commerce value is expected to grow at a strong CAGR of 17% between 2021 and 2025, forecasts GlobalData, a leading data […]
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Hyundai to support electric vehicle transition in India with new product launches, says GlobalData

Following the news that South Korean automaker Hyundai announces expansion of its Battery Electric Vehicle (BEV) line-up in India by 2028; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The announcement to launch six BEVs by 2028 across multiple segments showcases Hyundai’s commitment to the […]
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Microsoft’s 2021 job listings in India next only to the US, data center commissioning on cards, finds GlobalData

Microsoft’s job listings of 3,700 in India in 2021* have surpassed that of China and Canada. Currently, Microsoft’s listings are most in India after the US. The company is hiring significantly for capacity, supply chain and provisioning (CSCP) and customer experience and success (CEnS) groups, besides streamlining plans to commission data center. Around 70% of […]
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Asian ride-hailing companies expanding from ‘only shared’ to ‘personal’ with electric mobility, says GlobalData

With the fight against climate change intensifying the electrification race in Asia and the electric vehicle (EV) industry witnessing major transitions, new technology companies and shared mobility players have been entering the market in recent times. Some of the leading shared mobility Asian players are now expanding their business from ‘only shared’ to ‘personal’ mobility […]
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