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Puja.Sharma@globaldata.com

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  • Author: Puja.Sharma@globaldata.com

Ola looks to scale up Foodpanda’s cloud kitchen business to compete with rivals in India, says GlobalData

India-based, ride-hailing startup Ola is expanding operations for its Foodpanda’s food delivery business with more focus on cloud kitchens in a bid to regulate operating expenses due to declining margins and compete with rivals in India, says GlobalData, a leading data and analytics company. Ola Cafe was the company’s first food delivery initiative in 2015, […]
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Australia’s electronic health record market set to reach US$227.5m by 2025, driven by the adoption of My Health Record, says GlobalData

More than 22 million Australians enrolled in national online electronic health record (EHR)—My Health Record (MHR)—as of January 2019 making it a big success. The adoption of MHR will drive the growth of the EHR market in Australia, says GlobalData, a leading data and analytics company. GlobalData forecasts the EHR market in Australia to increase […]
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Japan’s medical device market set to reach US$74.7bn in 2025 making it an attractive space for investment, says GlobalData

The Japanese medical device market to reach from US$54.5bn in 2018 to US$74.7bn in 2025, growing at a compound annual growth rate (CAGR) of 4.6% says GlobalData, a leading data and analytics company. Japan stands as the world’s second-biggest medical device market, after the US. GlobalData’s latest report ‘CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – […]
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US gears up for adoption of smartphone wearable device Nerivio Migra for migraine treatment from 2020, says GlobalData

The US Food and Drug Administration’s (FDA) has granted the clearance of Theranica Bioelectronics’ smartphone-controlled non-invasive neuromodulation device – Nerivio Migra – for the treatment of acute migraine coupled with further clinical development for expansion of indications will drive the adoption of the device in the US from 2020, says GlobalData, a leading data and […]
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Growth of CTO/MTO projects in China may decelerate as government intensifies efforts to meet clean energy goals, says GlobalData

New coal-to-olefins (CTO)/methanol-to-olefins (MTO) projects in China are expected to face the risk of delay due to the government’s intensified efforts to reduce pollution by reducing coal usage and changing crude oil and coal prices, says GlobalData, a leading data and analytics company. Abundant availability has made ‘coal’ the low-cost advantageous feedstock for petrochemical production […]
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Adoption of innovative technologies and partnership with delivery apps crucial for APAC foodservice operators, says GlobalData

In an increasingly technology-driven society, consumers are seamlessly drawn to new online food-delivery platforms. Against this backdrop, leading foodservice delivery companies in Asia-Pacific (APAC) are looking at disruptive technologies as a way to improve their performance, according to GlobalData, a leading data and analytics company. According to the company’s 2018 Q4 consumer survey, due to […]
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US and India lead new-build capacity growth in global LNG liquefaction and regasification industries, says GlobalData

The US and India are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (new-build) projects, respectively during the outlook period 2019–2023, according to GlobalData, a leading data and analytics company. The company’s report ‘Global LNG Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with […]
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Predictive maintenance gains greater significance in oil and gas industry, says GlobalData

The importance of predictive maintenance has increased in oil and gas operations against the backdrop of aging infrastructure and volatile crude pricing, according to GlobalData, a leading data and analytics company. The company’s latest thematic report: ‘Predictive Maintenance’ reveals that the adoption of predictive maintenance technologies is helping companies cut back on operational expenditure by […]
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AI-created whisky heralds future where craftsmanship is replaced by computers, says GlobalData

Tech giant Microsoft collaborated with Swedish distillery Mackmyra and Finnish consultancy Fourkind to create the world’s first whisky developed using artificial intelligence (AI). The partnership signals a potentially new wave of innovation whereby craftsmanship becomes displaced by machine learning, says GlobalData, a leading data and analytics company. Whisky making is widely revered as an art, […]
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Purified Terephthalic Acid (PTA) capacity will grow at CAGR of 3.9% in China over the next four years, says GlobalData

China’s Purified Terephthalic Acid (PTA) plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 3.9% from 43.850 million tonnes per annum (mtpa) in 2017 to 53.150 mtpa in 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Purified Terephthalic Acid (PTA) Industry Outlook in China to […]
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Non-hydro renewable power capacity to show strong growth in Philippines during 2019–2030, says GlobalData

Installed non-hydro renewable power capacity in the Philippines is expected to register a compound annual growth rate (CAGR) of 11.2% between 2018 and 2030 with support from the government, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Philippines Power Market Outlook to 2030, Update 2019 – Market Trends, Regulations, and Competitive […]
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Western Europe key destination for gastronomy tourism as 67% of Chinese tourists travel for this reason, says GlobalData

Due to a rich mix of cultures within Western Europe, each individual country is known for specific dishes, or entire cuisines. This attracts Chinese tourists who want a varied gastronomical experience, says GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Destination Market Insights: Western Europe’ reveals that 67% of Chinese tourists typically take […]
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Generic biologic companies are joining hands to ensure early entry to global biosimilars markets, says GlobalData

With rising competition and declining prices, it has increasingly become important for biosimilar manufacturers like Biocon and Mylan to adopt an agile go-to-market strategy by forging global partnerships and collaborations, especially when the biosimilar in focus is none other than the high-value biologic – Humira, says GlobalData, a leading data and analytics company. Biocon recently […]
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Taiwan’s traditional strength in ICT and focus on AI to benefit medical device industry, says GlobalData

Taiwan’s medical device industry is leveraging the strength of the country’s information and communications technology (ICT) manufacturing capabilities to overcome challenges and provide better and more accessible care to the elderly population through smaller and portable medical devices, says GlobalData, a leading data and analytics company. The healthcare sector in Taiwan is currently going through […]
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Auction cancellation and re-tendering of solar PV projects in India point towards need for policy re-thinking, says GlobalData

Recently, the 1 gigawatt (1GW) Gujarat Solar photovoltaic (PV) tender for Dholera Solar Park was undersubscribed by 700 megawatt (MW) and received only two bids for a total of 300MW capacity.  Tarun Bhutani, Power Analyst at GlobalData, a leading data and analytics company, offers his view on the development: “Since 2018, nearly 5GW of solar […]
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