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Veganism has traditionally been associated with both the consumer and retail sectors but its influence in the tourism space is growing, according to GlobalData, a leading data and analytics company. Vegan-friendly tours, excursions and digital travel apps are emerging as another tool for travel companies to attract environmentally focused individuals. As companies across the travel […]
Airbnb and DoorDash show distinct hiring trend post trading debut, finds GlobalData
Ever since raising over $3bn, Airbnb and DoorDash – two companies that both went public in December 2020 – are seeing drastically different hiring activities, with Airbnb making cautious job postings while DoorDash ramps up recruitment, observes GlobalData. This is unusual because there is a high probability that companies will increase spend on hiring after […]
The battle over digital monopolies is just getting started, says GlobalData
The case for new regulation around the monopolization of user data by big tech companies has never been stronger. While regulators have attempted to take on big tech before, the current rules mean we can only catch companies in the act, and it is imperative that new ex ante (‘before the event’) regulation and approaches […]
New standard of care in hepatocellular carcinoma shifts the treatment paradigm to a grey area, says GlobalData
The approval of Roche’s Avastin (bevacizumab) plus Tecentriq (atezolizumab), in addition to the long list of pipeline products, opens up gaps in the treatment paradigm regarding the sequence of treatments, says GlobalData, a leading data and analytics company. Mandana Emamzadeh, PhD, Pharma Analyst at GlobalData, comments, “The hepatocellular carcinoma (HCC) market is evolving swiftly after […]
Global hiring a mixed bag in 2021 after the highs and lows of 2020, finds GlobalData
Global hiring activity witnessed a momentous 2020 with significant changes throughout the year. The pharma and retail sectors saw pronounced hiring, and the active job index for these industries surpassed pre-COVID-19 levels in 2021 – notably with a dip in 2020. Meanwhile, the travel and tourism and automotive sectors reacted sharply with the number of […]
Global economy to rebound in 2021 with APAC to lead recovery, says GlobalData
The Asia Pacific (APAC) region is set to become the fastest growing in terms of GDP growth in the world followed by the Americas, Europe and the Middle East & Africa (MEA) in 2021, says GlobalData, a leading data and analytics company. Economic factors in this ranking that are aiding global regional recovery include the […]
Heathrow Airport’s call for support warranted amid colossal losses for airports, says GlobalData
Following Heathrow Airport’s dismal year-end loss of £2bn ($2.8bn) the airport is calling for increased government support; Gus Gardner, Travel and Tourism Analyst at GlobalData, a leading data and analytics company, offers his view: “Heathrow Airport is right to call on the government for increased support as the current, strict international travel rules make it […]
Cloud gaming to fundamentally disrupt the distribution, consumption and monetization of games, says GlobalData
Even though cloud gaming only represented 1% of video games industry revenue in 2020, the technology is expected to fundamentally change the space over the next ten years growing at a compound annual growth rate of 40% to 2030. In a recent GlobalData webinar, ‘Cloud Gaming: Fundamentally Changing the Video Games Industry’, Associate Project Manager […]
G20 economies managing the headwinds of COVID-19 pandemic with V-shaped recovery expected in 2021, says GlobalData
A V-shaped economic recovery is expected in most G20 nations in 2021 as lockdown restrictions are removed and vaccinations are rolled out. G20 GDP growth in 2020 remained below the pre-crisis high, with a contraction of 4.6%. However, GDP is anticipated to observe 5.2% growth in 2021, says GlobalData, a leading data and analytics company. […]
Impressive performance of cardiac assist devices will help cardiovascular devices market surpass $62bn by 2025, forecasts GlobalData
The global market value for cardiovascular devices is projected to grow at a compound annual growth rate (CAGR) of 6% to $62bn by 2025, according to GlobalData, a leading data and analytics company. Kevin Dang, Medical Devices Analyst at GlobalData, comments: “In the first half of 2020, we saw a significant decline in monthly revenues […]
Strong 2020 Airbus defense performance and Boeing 777 issues combine to widen gap between rivals, says GlobalData
Airbus’ strong defense business performance in 2020 underscores the relative success of the firm in a year rocked by the COVID-19 pandemic. A thickening defense order book is a sign that Airbus may be gaining on its rival Boeing, which is especially noteworthy as it is an area in which it has historically trailed. Now, […]
Over 60% of UK Lupus Nephritis cases are diagnosed late, says GlobalData
Over 60% of diagnosed prevalent cases of lupus nephritis in the UK in are seen in class IV and V, says GlobalData, a leading data and analytics company. It is, therefore, likely that the diagnosis of lupus nephritis is often delayed. Nneoma Okeke, Epidemiologist at GlobalData, comments: “This could be due to an initial misdiagnosis […]
Institutional adoption of bitcoin may prop up its price and see currency used as digital gold, says GlobalData
Following moves by firms such as Tesla, Visa and Mastercard to incorporate bitcoin into their payments infrastructure, institutional banks appear to be getting in on the bitcoin act, according GlobalData, a leading data and analytics company. This marks the beginning of a new era for bitcoin – a distinct shift away from a cryptocurrency driven […]
Absolut Vodka’s paper bottle to revitalise declining paper and board pack type in West Europe spirit segment, says GlobalData
After a long-awaited testing period, the launch of prototype ‘Absolut Paper’ is set to reset traditional perceptions around paper and board (P&B) packaging for spirits in the UK, writes GlobalData, a leading data and analytics company. This will be a plus for environmentally conscious consumers and the launch is likely to be successful due to […]
UK resists international restrictions on arms sales to Saudi Arabia for now, says GlobalData
The UK’s Foreign Minister declining to restrict export licenses of arms to Saudi Arabia last week follows growing pressure as other Western states act in line with rising condemnation of Saudi Arabia and its conduct in the civil war in Yemen. Both Italy and the US have paused the export of arms, particularly missiles and […]
Disney Parks’ poor Q1 results will be short-term and salvaged by pent-up demand, says GlobalData
Following the announcement by The Walt Disney Company noting an unsurprising 53% revenue decline for its Parks, Experiences and Products segment; Rheanna Norris, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers her view: “High post-pandemic travel demand will allow Disney to easily return its parks, experiences and products to profit […]
Keytruda set to overthrow Adcetris monotherapy in the transplant ineligible setting in Hodgkin’s lymphoma following EU and FDA nod, says GlobalData
The FDA and EMA’s recent positive opinions on the expanded use of Merck & Co’s Keytruda (pembrolizumab) has the drug all set to catch up to Seagen’s Adcetris (brentuximab vedotin) in the transplant ineligible setting, according to GlobalData, a leading data and analytics company. The expansion is also likely to have a significant impact on […]
Platinum-Marston’s venture to miss golden opportunity as UK pub and bar sector set to recover, says GlobalData
Following today’s news that US-based group, Platinum, pulled out of a deal with British suburban pub chain, Marston’s; Jim Toy, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Marston’s future revenue opportunities in the UKs pub, club and bar sector are promising when considering GlobalData’s sector forecast, which predicts a […]
Global oil and gas contracts saw relatively steady activity during Q4 2020, says GlobalData
While the global oil and gas industry witnessed a marginal decrease in the number of contracts, from 1,283 in Q3 2020 to 1,145 in Q4, there was an almost 28% increase in terms of value from $17.58bn to $22.55bn. GlobalData’s latest report, ‘Q4 2020 Global Oil & Gas Industry Contracts Review’, states that the upstream […]
Electronic Arts’ acquisition of Glu Mobile highlights importance of mobile gaming, says GlobalData
Following the news that Electronic Art (EA) has acquired Glu Mobile; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “EA’s acquisition of Glu Mobile is further proof of the growing importance of mobile gaming to leading game publishers. In fact, mobile gaming is the […]