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Following the recent news that India and the US have signed an agreement to build six nuclear power plants in India, Arkapal Sil, Power Analyst at GlobalData, a leading data and analytics company, offers his views on the significance of this decision and what it means for the US and Indian nuclear industries: “The agreement […]
Germany edges past UK in list of top European VC funded emerging tech firms in 2018, says GlobalData
For decades, the UK acted as a magnet for capitalists and investors in Europe. However, there are signs that the scenario is changing as venture capitalists (VC) are closing the gap between the UK and rest of Europe with two German startups occupying the first two positions in the list of top five VC funded […]
China dominates list of top five VC funded AI companies in 2018, finds GlobalData
Despite skepticism over Chinese firms seeking partnerships or investments in the US and Europe, there are more venture capital (VC) investments in Chinese artificial intelligence (AI) startups than in their US counterparts, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that China accounted for three of […]
Top five innovation trends in consumer industry to watch out for in APAC in 2019, according to GlobalData
The fast-moving consumer goods (FMCG) sector has undergone a significant transformation over the past decade and it continues to evolve. Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, highlights top five innovation trends that are going to impact the production, marketing and sales of consumer goods in Asia-Pacific (APAC) in […]
Low value deals account for dominant share in VC investments in AI space, says GlobalData
Low value deals (investment <=$10m) accounted for a dominant share in venture capital (VC) investments in the artificial intelligence (AI) tech space during 2018. However, the number of high value deals (investment >$100m) also witnessed consistent increase across all the quarters, according to GlobalData, a leading data and analytics company. The number of VC deals […]
Economic recovery to continue across Eurozone metropolitan areas, says GlobalData
Ten years after the outbreak of the Eurozone sovereign debt crisis (2009-2012), most of the top metropolitan areas in Europe have shown signs of economic recovery, but were at different stages of the recovery path by the end of 2018, according to GlobalData, a leading data and analytics company. The company’s latest research reveals that […]
AI continues to attract major share of VC funding and M&A deal activity, says GlobalData
Artificial intelligence (AI) continues to be a lucrative technology space with the majority of startups either managing to secure venture capital (VC) backing or being involved in the thick of merger and acquisition (M&A) deal activity during 2014-2018. As a result, the race to fund or acquire AI-startups reflects the impact AI can have across […]
Asia will contribute 40% of global refinery hydrocracking units capacity additions by 2023, says GlobalData
Asia is expected to be the major contributor to the growth of the global refinery hydrocracking units industry between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Refinery Hydrocracking Units Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Hydrocracking […]
Global pacemakers market expected to reach $4.1bn by 2028, says GlobalData
Driven by increasing prevalence of sinus node dysfunction in the ageing population, the global pacemakers market is expected to grow at a compound annual growth rate (CAGR) of 2% and reach $4.1bn by 2028, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Pacemakers – Cardiovascular Market Analysis and Forecast Model‘, […]
Consumer discretionary and information technology sectors dominate list of S&P 500 companies, reveals GlobalData
Consumer discretionary and information technology sectors remained the top sectors, with each representing 15.2%, in the list of S&P 500 companies as of 31 January 2019, according to an analysis by GlobalData, a leading data and analytics company. IMAGE FOR PUBLICATION: PLEASE CLICK HERE The two top sectors were followed by financials (13.8%), industrials (13.2%), […]
Tourist arrivals to ASEAN will reach 155.4 million by 2022, says GlobalData
The number of international visitors to the ASEAN region is expected to grow at a compound annual growth rate (CAGR) of 4.72% from 129.2 million in 2018 to 155.4 million in 2022, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism Destination Market Insights: ASEAN’, reveals that each country in the region […]
Estée Lauder targets young millennials to tap China’s booming cosmetics and toiletries industry, says GlobalData
Estée Lauder’s plan of shifting its focus away from older consumers to tap into the China’s booming cosmetics industry, which is led by young millennials, is part of the beauty cosmetic giant’s long-term investment strategy in the country, says GlobalData, a leading data and analytics company. The company reported strong net sales of $4.01bn for […]
India’s construction industry regains growth momentum driven by affordable house building initiative, says GlobalData
Positive developments in economic conditions, improvement in investor confidence and investments in transport infrastructure, energy and housing projects have helped the Indian construction industry regain growth momentum in 2018, with output value increasing from US$464.9bn in 2017 to US$505.7bn, says GlobalData, a leading data and analytics company. The company’s report: ‘Construction in India – Key […]
Withdrawal of India’s GSP benefits can impact over US$5.6bn worth of exports to US, says GlobalData
The US has recently announced plans to withdraw duty benefits on Indian products under the Generalized System of Preferences (GSP) scheme having accused India of not providing reasonable access to its markets. Reportedly, India is one of the largest beneficiaries of the program, with more than US$5.6bn* worth of commodities exported to the US under […]
Thailand looks to bolster leadership position in medical tourism with focus on medical robotics, says GlobalData
With an outstanding medical foundation that includes various internationally accredited medical facilities, qualified healthcare specialists and premium medical services along with a focus on medical robotics, Thailand is well-positioned to be the medical hub of Asia, according to GlobalData, a leading data and analytics company. Medical tourism is one of the main sectors driving the […]
Translating new upstream development opportunities into tangible production increases will be key for China, says GlobalData
A steadily expanding economy and growing urbanization has led to rapid domestic energy consumption and made China increasingly dependent on foreign oil and gas. To improve domestic energy security, the country unveiled further reforms in 2018, which have prompted interest from international investors. However, translating this into tangible production increases will be the next challenge, […]
Humira approval for hidradenitis suppurativa treatment in Japan will bolster AbbVie’s profits, says GlobalData
AbbVie and Eisai announced recently that Humira, a fully human anti-TNF-α monoclonal antibody, has received additional approval for the treatment of hidradenitis suppurativa (HS) in Japan. This will strengthen AbbVie’s profits even though there is increasing competition from Humira biosimilars, according to GlobalData, a leading data and analytics company. The approval of this additional indication […]
Norway leads new-build capex outlook in North Sea, says GlobalData
Norway is expected to spend the highest new-build capital expenditure (capex) of US$21.2bn on the development of the planned and announced projects, among the countries in the North Sea, during the period 2019–2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Production and Capital Expenditure Outlook for Key Planned […]
Payment segment emerges as lucrative investment avenue in Q4 2018, finds GlobalData
With consumers globally embracing financial technologies, digital payments firms are fast disrupting the hegemony of traditional players in the payment value chain. Against this backdrop, the payment segment is emerging as a lucrative investment avenue for merger and acquisition (M&A) activities and venture financers, according to GlobalData, a leading data and analytics company. The company’s […]
Spinraza’s approval in China will help Biogen weather threats from strong pipeline of drugs, says GlobalData
Following the recent news that Biogen’s Spinraza (nusinersen) won approval from China’s National Medical Products Association (NMPA) as a treatment for spinal muscular atrophy (SMA), Vinie Varkey, MSc, Senior Neurology & Ophthalmology Analyst at GlobalData, offers her view: “The decision was not surprising given the recent efforts of NMPA to reform the process of approving […]