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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 […]
China to dominate new petrochemicals projects in Asia through 2025, forecasts GlobalData
China is likely to commence the operations of 412 petrochemicals projects between 2021 and 2025, accounting for about 50% 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 412 […]
‘Buy now pay later’ emerges as viable credit option for e-commerce payments in India, says GlobalData
With several payment companies now offering the ‘buy now pay later’ (BNPL) service, it has emerged as a feasible and appealing credit alternative for e-commerce purchases in India, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that the e-commerce market in India grew by 12.2% in 2020 and […]
Adoption of service robots and automation technologies in APAC foodservice accelerates due to COVID-19, says GlobalData
COVID-19 pandemic and its prolonged impact have led to the fast-tracking of robotics and automation technologies’ implementation in the Asia-Pacific (APAC) foodservice sector. These automated platforms can complement human efforts, and thereby elevate the labor productivity, service efficiency, profitability, and overall consumer experience. The APAC has become the global hub for such automated platforms due […]
Plant-based meat makers tap Australian foodservice sector to target broader consumer base, says GlobalData
Besides being one of the fast-emerging vegan markets, Australia also has one of the world’s highest per-capita meat consumption rates, thereby making a compelling case for faux meat brands to venture into the market. Therefore, more meat-alternatives manufacturers are focusing on the food service sector to target a broader consumer base, ranging from hardcore vegans […]
New food safety regulations to open up market for hemp-based products in India, says GlobalData
With hemp (Cannabis Sativa) cultivation being legalized in several Indian states, and food safety authorities developing regulations for hemp products, the Indian market for hemp-based food and beverages is poised to take off, says GlobalData, a leading data and analytics company. Cannabis/marijuana has gained a positive image among the Indian Millennials (Gen Y) and Gen […]
Asia to dominate global propylene capacity additions by 2025, says GlobalData
Asia is anticipated to lead the global propylene capacity additions with a capacity of 36.65 mtpa by 2025. Within Asia, China accounts for 68% of the region’s capacity additions and the country is projected to lead the global propylene capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Propylene […]
INS Vela induction to help India expand its submarine fleet and boost undersea warfare capabilities, says GlobalData
Following today’s news (25 November) that the Indian Navy has commissioned its fourth Scorpene-class submarine; Chandan Kumar Nayak, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Indian Navy’s induction of INS Vela, fourth Scorpène-class submarine (locally known as Kalvari-class), is a boost to its undersea prowess against the […]
Asia to spearhead global acrylonitrile-butadiene-styrene capacity additions by 2025, forecasts GlobalData
Asia is expected to lead the global acrylonitrile-butadiene-styrene (ABS) capacity additions with a capacity of 2.60 million tons per annum (mtpa) by 2025. Within Asia, China accounts for more than half of the region’s capacity additions and the country is projected to lead the global ABS capacity additions by 2025, says GlobalData, a leading data […]
Energy Absolute eying for EV leadership in Thailand with its new battery plant, says GlobalData
Following the news that Thailand’s renewable energy company Energy Absolute (EA) is set to open an electric vehicle (EV) battery factory in Thailand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Energy Absolute has been keen on strengthening its capabilities across EV value chain and […]
Hot coffee to drive India hot drinks market at 9% CAGR through 2025, forecasts GlobalData
The Indian hot drinks market is expected to grow at a compound annual growth rate (CAGR) of 9% from INR670.6bn ($9.0bn) in 2020 to INR1,032.0bn ($12.3bn) in 2025, majorly driven by growth in the hot coffee category, observes GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Hot drinks – Market Assessment and Forecasts […]
Hydropower to continue to dominate power generation in New Zealand through 2030, says GlobalData
Hydropower in New Zealand held a share of 55.6% in 2020 in its total annual power generation. However, this share is expected to marginally decline to 51.1% in 2030. Still, the hydropower generation in the country will continue to hold the dominant share in its generation mix, forecasts GlobalData, a leading data and analytics company. […]
Hot coffee to drive Japan hot drinks market at 3.8% CAGR through 2025, forecasts GlobalData
The Japanese hot drinks market is projected to grow at a compound annual growth rate (CAGR) of 3.8% from JPY2,144.0bn (US$20.1bn) in 2020 to JPY2,585.9bn (US$27.2bn) in 2025. The market is majorly driven by growth in the hot coffee category, observes GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Hot drinks – Market […]
Hot tea to drive China hot drinks market at 9.4% CAGR through 2025, says GlobalData
The Chinese hot drinks market is projected to grow at a compound annual growth rate (CAGR) of 9.4% from CNY212.5bn (US$30.8bn) in 2020 to CNY332.4bn (US$48.9bn) in 2025. The market is primarily driven by growth in the hot tea category, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Hot Drinks – Market […]
Zero Co crowdfunding reflects strong interest towards eco-friendly brands in Australia, says GlobalData
In a bid to ‘go green’, eco startup Zero Co Australia successfully crowdfunded US$5m in October 2021. The funding reflects the strong consumer support for brands that espouse compelling ecological goals, says GlobalData, a leading data and analytics company. Such strong support is in line with GlobalData’s Q3 2021 survey, which shows that 48% of […]
Hot drinks sector of Philippines to reach US$2.4bn by 2025, forecasts GlobalData
The hot drinks sector in the Philippines is projected to grow from ₱78.5bn (US$1.6bn) in 2020 to ₱121.8bn (US$2.4bn) by 2025 at a compound annual growth rate (CAGR) of 9.2% over the five-year period, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Hot Drinks – Market Assessment and Forecasts to 2025’ reveals […]
Driven by China threat, Philippines defense acquisitions to grow at 11.29% CAGR through 2026, says GlobalData
China’s claims over the South China Sea territory and the increasing terrorists’ aggressions over the past decade have fueled the military expenditure of the Philippines. The country’s focus on developing the military capabilities through its ambitious Horizon I, II, and III programs is most likely to influence its defense acquisition expenditure which is projected to […]
Australia’s hot drinks sector to reach US$6.8bn by 2025, says GlobalData
The Australian hot drinks sector is projected to grow from A$5.3bn (US$3.8bn) in 2020 to A$6.8bn (US$4.9bn) by 2025 at a compound annual growth rate (CAGR) of 5.1% over the five-year period. The laid-back coffee culture in Australia contributed to the growth of specialty cafes, offering a wide variety of hot coffee, says GlobalData, a […]
Hot drinks market of Malaysia to reach US$2bn by 2025, says GlobalData
The Malaysian hot drinks market is projected to grow from RM6.3bn (US$1.5bn) in 2020 to RM8bn (US$2bn) by 2025 at a compound annual growth rate (CAGR) of 4.9% over the five-year period, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Hot Drinks – Market Assessment and Forecasts to 2025’ reveals that the […]
Thailand’s hot drinks sector to reach US$2.2bn by 2025, says GlobalData
The Thai hot drinks sector is projected to grow from ฿45.8bn (US$1.5bn) in 2020 to ฿64.9bn (US$2.2bn) by 2025 at a compound annual growth rate (CAGR) of 7.2% over the five-year period, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Hot Drinks – Market Assessment and Forecasts to 2025’ reveals that the […]