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Kirkland & Ellis has secured number one position in the latest global mergers and acquisitions (M&A) legal advisers league table for Q1 2019, according to GlobalData, a leading data and analytics company. The American law firm advised on 128 deals worth $215.9bn, including the biggest transaction of the quarter – Bristol-Myers Squibb’s acquisition of Celgene […]
Malaysian meat market poised for modest value CAGR of 3.6% over 2018-2023, reports GlobalData
A steady economic growth, driven by strong domestic demand and private consumption, is boosting the Malaysian meat sector, which is expected to grow at a compound annual growth rate (CAGR) of 3.6% from RM7.8bn (US$2.0bn) in 2018 to RM9.4bn (US$2.5bn) by 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Meat […]
Norway leads globally with highest number of oil and gas discoveries in Q1 2019, says GlobalData
Norway had the highest number of oil and gas discoveries globally in the first quarter (Q1) of 2019 with five discoveries. Of these, three were conventional oil discoveries and the remaining two were conventional gas discoveries, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘Q1 2019 Global Oil and Gas Discoveries Review […]
IBM comes to offline retailers’ rescue with smart mirror technology in India, says GlobalData
Following the news that tech giant IBM is working on ‘smart mirror’ technology to enhance the shopping experience of consumers and facilitate informed decision making for offline retailers, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The move comes at a time when offline retailers are facing […]
Growing popularity of natural and non-synthetic skincare products shaping APAC skincare market, says GlobalData
Consumers in the Asia-Pacific (APAC) region are shying away from artificial/synthetic ingredients to opt for skincare products with ‘natural’ and ‘organic’ ingredients, as these are perceived to be of high-quality and safe for skin, finds GlobalData, a leading data and analytics company. This is substantiated in the company’s 2018 Q3 Consumer Survey, which shows that […]
Technological advancements are enabling companies to deploy digital oilfields in exploration and production operations, says GlobalData
Over the last 15 years, the adoption of digital oilfields has gained impetus due to advancements in technologies for sensing, automation, connectivity and data analytics, according to GlobalData, a leading data and analytics company. Digital oilfield is a concept that combines business process management with digital technologies to automate workflows for maximizing productivity, reducing costs, […]
China to lead global concentrated solar power market by 2030, says GlobalData
The global CSP capacity is estimated to increase significantly from 5.6 gigawatt (GW) in 2018 to 22.4 GW in 2030 following significant capacity additions by China, Chile and countries in Middle East North Africa (MENA) region according to GlobalData, a leading data and analytics company. The company’s latest report ‘Concentrated Solar Power (CSP) Market, Update […]
Interac evolved beyond debit cards to cater to emerging digital payment landscape in Canada, says GlobalData
Canada’s national payment scheme ‘Interac’, which facilitates electronic financial transactions between financial institutions and other enterprises, has evolved its product proposition beyond debit cards in light of the fast-changing electronic payments landscape, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Payments Landscape in Canada: Opportunities and Risks to 2022’, states that while […]
Flavor innovation drives confectionery sales in APAC, says GlobalData
As consumers increasingly crave novel and unique flavors, manufacturers in the Asia-Pacific (APAC) confectionery sector are introducing products to suit the taste and preferences of these variety seekers, according to GlobalData, a leading data and analytics company. In line with the trend, Mars launched Chocolate Candies in a Lahuasheng (Spicy Peanut) flavor in China while […]
India’s offshore wind prospects boosted on co-operation with Denmark, says GlobalData
Following the recent news that the Ministry of New and Renewable Energy of India (MNRE) and Denmark’s Ministry for Energy, Utilities, and Climate have signed a cooperation agreement in the field of renewable energy with a special focus on offshore wind, Ankit Mathur, Practice Head of Power at GlobalData, offers some valuable insights: “As a […]
IoT deal activity witnessed fluctuating fortunes during 2014-2018, says GlobalData
The Internet of Things (IoT) industry seems to have past the hype as concerns around the security of devices connected through IoT start emerging day by day. This reflects in the analysis of GlobalData, a leading data and analytics company, which reveals that venture capital (VC) funding and mergers and acquisitions (M&A) activity in the […]
Low value VC investments accounted for major share in IoT space during 2018, finds GlobalData
Venture capital (VC) investments in the Internet of Things (IoT) space experienced a fluctuating trend in 2018, as the share of deals valued <$5m mostly grew while the deal volume registered inconsistent growth during the year, says GlobalData, a leading data and analytics company. Overall deal volume witnessed decline in Q2 and Q3 2018 before […]
Coca-Cola looks to capitalize on growing Indian sports drinks market with Powerade relaunch, says GlobalData
Following the recent news that The Coca-Cola Company plans to relaunch its sports drink Powerade in India within the next two months as part of its strategy to compete with PepsiCo’s Gatorade, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The news comes as no surprise as […]
Asia-Pacific make-up market will surpass US$21bn by 2023, says GlobalData
Driven by increasing number of women in workforce and growing spending power of consumers, the Asia-Pacific (APAC) market for make-up products is forecast to surpass US$21bn by 2023. The region will also record the fastest growth in both value and volume terms at compound annual growth rates (CAGRs) of 7.2% and 4.4%, respectively, during 2018–2023, […]
China dominates GlobalData’s top five VC funded IoT companies list in 2018
Even though there is still no clear winner in the ongoing US-China trade war, the Asian giant has clearly emerged as winner in the Internet of Things (IoT) race. Among the top five venture capital (VC) funded companies in IoT space, four were Chinese companies while only one was American in 2018, according to GlobalData, […]
Indonesian meat market forecast to be worth Rp63.3 trillion by 2023, says GlobalData
Fuelled by a positive economic growth supported by heavy investments, the Indonesian meat market is expected to grow at a compound annual growth rate (CAGR) of 6.7% from Rp45.9 trillion (US$3.2bn) in 2018 to Rp63.3 trillion (US$4.2bn) by 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Meat in Indonesia’, reveals […]
New crop of disruptors have significant role to play in microservices network and app management, says GlobalData
The application platforms and cloud native services marketplace is undergoing a significant and disruptive transformation. Complexities around infrastructure implementations of modern architectures have threatened to derail critical DevOps initiatives, prompting a need for microservices network and app management technologies, says GlobalData, a leading data and analytics company. Transitioning from a monolithic application model to microservices […]
Japanese meat market forecast to be worth JPY2,857bn by 2023, says GlobalData
A favorable financial conditions on the back of rising GDP is fuelling the growth of the meat sector in Japan although at a slow rate, which is expected to grow at a compound annual growth rate (CAGR) of 1.2% from JPY2,685.5bn (US$24.5bn) in 2018 to JPY2,857bn (US$27.9bn) by 2023, says GlobalData, a leading data and […]
With Dovato, ViiV adds formidable 2-drug regimen to its already solid HIV portfolio, says GlobalData
Following ViiV Healthcare’s announcement on 8th April 2019 that its investigational 2-drug single-tablet regimen (STR) Dovato (dolutegravir/lamivudine) received FDA approval for the treatment of adults with human immunodeficiency virus (HIV), Christopher Pace, Senior Director of Infectious Diseases and Respiratory at GlobalData, a leading data and analytics company, offers his view on how Dovato is expected […]
Indian meat market poised to grow at CAGR of 9.3% over 2018-2023, says GlobalData
A steady economic progress coupled with rising disposable income is set to drive the Indian meat sector, which is expected to grow at a compound annual growth rate (CAGR) of 9.3% from INR189.3bn (US$2.7bn) in 2018 to INR295.2bn (US$4.0bn) by 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Meat in […]