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Technology

COVID-19 to affect enterprise ICT spending in New Zealand, says GlobalData

ICT spending in New Zealand is estimated to register a 6.3% year-on-year decline to reach US$9.5bn in 2020, against the initial estimated growth of 9.6% before the COVID-19 outbreak, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that ICT spending across all infrastructure segments, which […]

Banking

COVID-19 makes e-commerce even more preferred among shoppers in Hong Kong, says GlobalData

The growth of Hong Kong e-commerce market has been revised up, considering the positive push due to coronavirus (COVID-19) outbreak, according to estimates by GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that the e-commerce market in Hong Kong is set to grow at a compound annual growth rate […]

Consumer

Malaysia’s make-up market to reach US$216.3m by 2024, says GlobalData

The Malaysian make-up sector is projected to grow from RM687.1m (US$164.4m) in 2019 to RM911.7m (US$216.3m) by 2024, with a compound annual growth rate (CAGR) of 5.8%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Make-Up – Market Assessment and Forecasts to 2024’ reveals that the sector is majorly driven by growth […]

Disruptor

‘Office of the Future’ to be shielded by digital technologies, says GlobalData

The COVID-19 pandemic has upended the traditional work-from-office models and enforced months of work from home (WFH) due to the prolonged lockdowns. Now that many countries have lifted lockdowns, enterprises are increasingly willing to reopen their physical offices by redesigning them with digital solutions centered around employee safety and wellbeing, says GlobalData, a leading data […]

Pharma

Remdesivir treatment gaining popularity in India though black marketing and price cuts to continue, says GlobalData

Following the recent launch of Covifor (remdesivir) by Hetero in India, remdesivir has emerged as the most sought-after drug for the treatment of moderate to severe COVID-19 in the country. Amid the increasing demand, it has become a hot topic for discussions related to drug shortages, black marketing and price cuts. The trend is expected […]

Technology

Government and healthcare to lead ICT spending in Japan, despite overall decline amidst COVID-19 pandemic, says GlobalData

The government efforts to maintain the healthcare infrastructure to combat the COVID-19 pandemic will see the government and healthcare verticals leading the ICT spending in Japan, despite the decline in the overall ICT spending in the country, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that […]

Power

Malaysia bets on large scale solar PV to revive COVID-19 hit economy, says GlobalData

To kick start the economic recovery and the subsequent growth engine, the Ministry of Energy and Natural Resources (KeTSA) of Malaysia had launched a 1GW tender in 2016 under the Large Scale Solar (LSS) program. The program’s fourth round of auctions termed as LSS-4, offers the largest capacity in the series and is expected to […]

Oil & Gas

Indian petrochemical industry battles demand loss amidst COVID-19 pandemic, says GlobalData

The wide-spread of COVID-19 has presented some new challenges to Indian petrochemical industry, as the nation-wide lockdown imposed in late March 2020 (eased over the past few weeks) has resulted in workforce shortages and supply chain disruptions across the country including weaker domestic demand. Most of the upcoming projects are largely concentrated in developed western […]

Consumer

China’s skincare sector to reach US$42.7bn in 2024, forecasts GlobalData

The skincare sector in China is projected to grow from CNY212.6bn (US$31.2bn) in 2019 to CNY286.7bn (US$42.7bn) in 2024, with a compound annual growth rate (CAGR) of 6.2%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Skincare – Market Assessment and Forecasts to 2024’, reveals that the sector is significantly driven by […]

Consumer

Thailand’s make-up sector to reach US$943.4m by 2024, says GlobalData

The make-up sector in Thailand is forecast to grow from ฿21bn (US$667.2m) in 2019 to ฿28.5bn (US$943.4m) by 2024, recording a compound annual growth rate (CAGR) of 6.3%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Make-Up – Market Assessment and Forecasts to 2024’ reveals that the ‘face make-up’ dominated the Thai […]

Consumer

Make-up market in Australia forecast to grow at 4.6% CAGR over next five years, says GlobalData

The Australian make-up sector is expected to grow from A$1.08bn (US$753.7m) in 2019 to A$1.35bn (US$926.2m) in 2024 at a compound annual growth rate (CAGR) of 4.6%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Make-Up – Market Assessment and Forecasts to 2024’, reveals that ‘face make-up’ was the largest category in […]

Oil & Gas

Asia to account about half of global liquids storage capacity growth by 2024, says GlobalData

Asia is expected to lead the global liquids storage capacity growth, contributing about 49% of the total global capacity growth by 2024. The region is likely to add 56.8 million cubic meters (mmcm) of liquids storage capacity by 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Liquids Storage Industry Outlook […]

Consumer

Thailand’s skincare market is expected to register a CAGR of 6.2% during 2019-24, says GlobalData

The skincare sector in Thailand is expected to grow from ฿80.8bn (US$2.5bn) in 2019 to ฿109.1bn (US$3.6bn) by 2024 with a compounded annual growth rate (CAGR) of 6.2% over the forecast period of 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Skincare – Market Assessment and Forecasts to 2024’ reveals that […]

Insurance

Australia’s top insurance players should be shielded from risky life insurance segment, says GlobalData

The non-life-dominated Australian insurance sector’s top 10 players should be less exposed to the soaring COVID-19 claims, compared to other countries that are more dependent on the life segment, according to GlobalData, a leading data and analytics company. Five of the top 10 Australian insurers are exclusively life and the remaining five are 100% non-life, […]

Pharma

Easing of COVID-19 in northern China is an investment opportunity, says GlobalData

The northern Chinese province of Hebei offers great potential for pharmaceutical investment as it has been one of the leading regions for pharmaceutical production. Though it has been heavily impacted by COVID-19 in recent months, the region has strong merger and acquisition (M&A) potential due to a large number of small companies with a single […]

Technology

Malaysia’s pay-TV services revenue to register sluggish growth over next five years, forecasts GlobalData

The total pay-TV services revenue in Malaysia is forecast to grow at a sluggish pace from US$1.07bn in 2019 to US$1.08bn in 2024, reflecting a compound annual growth rate (CAGR) of a marginal 0.2%, supported by a steady rise in the adoption of DTH and IPTV services, according to GlobalData, a leading data and analytics […]

Travel & Tourism

Mixed messages for the Japanese population as Tokyo’s COVID-19 alert level is raised, says GlobalData

Following the news that the Japanese capital of Tokyo is now back at the maximum COVID-19 alert level amidst an increase in the number of COVID-19 cases; John Vandesquille, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view: “A new wave of COVID-19 is hitting Tokyo, which just has […]

Consumer

Indonesian skincare sector is expected to reach US$2.5bn by 2024, says GlobalData

The Indonesian skincare sector is expected to grow from Rp24.1t trillion (US$1.69bn) in 2019 to Rp37.1 trillion (US$2.5bn) by 2024, recording a compounded annual growth rate (CAGR) of 9.0%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Skincare – Market Assessment and Forecasts to 2024’ reveals that ‘Facial care’ was the largest […]

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COVID-19 to affect enterprise ICT spending in New Zealand, says GlobalData

COVID-19 makes e-commerce even more preferred among shoppers in Hong Kong, says GlobalData

Malaysia’s make-up market to reach US$216.3m by 2024, says GlobalData

‘Office of the Future’ to be shielded by digital technologies, says GlobalData

Remdesivir treatment gaining popularity in India though black marketing and price cuts to continue, says GlobalData

Government and healthcare to lead ICT spending in Japan, despite overall decline amidst COVID-19 pandemic, says GlobalData

Malaysia bets on large scale solar PV to revive COVID-19 hit economy, says GlobalData

Indian petrochemical industry battles demand loss amidst COVID-19 pandemic, says GlobalData

China’s skincare sector to reach US$42.7bn in 2024, forecasts GlobalData

Thailand’s make-up sector to reach US$943.4m by 2024, says GlobalData

Make-up market in Australia forecast to grow at 4.6% CAGR over next five years, says GlobalData

Asia to account about half of global liquids storage capacity growth by 2024, says GlobalData

Thailand’s skincare market is expected to register a CAGR of 6.2% during 2019-24, says GlobalData

Australia’s top insurance players should be shielded from risky life insurance segment, says GlobalData

Easing of COVID-19 in northern China is an investment opportunity, says GlobalData

Malaysia’s pay-TV services revenue to register sluggish growth over next five years, forecasts GlobalData

Mixed messages for the Japanese population as Tokyo’s COVID-19 alert level is raised, says GlobalData

Indonesian skincare sector is expected to reach US$2.5bn by 2024, says GlobalData

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