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Following the news that Ford, General Motors and Fiat Chrysler (FCA) are shutting their North American manufacturing plants through March 30 in response to the deepening coronavirus (COVID-19) crisis; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The news from the US is certainly not unexpected and follows […]
Hard seltzer movement is here to stay, says GlobalData
Now that more beverage brands are tapping into spiked sparkling water, or ‘hard seltzers’, it is likely that this market will grow outside of North America and to similarly health-centric regions such as Europe and the Asia Pacific region, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Success Case Study: White Claw’,notes thatthis […]
Global coronavirus crisis could alter data privacy, says GlobalData
Following the news that the US Government is in talks with tech companies such as Facebook and Google about how to use smartphone location data to combat the novel coronavirus (COVID-19); Lynnette Luna, Principal Analyst at GlobalData, a leading data and analytics company, offers her view: “Big tech companies have been under fire for their monetization […]
Mobile access is crucial to combat coronavirus in Latin America, says GlobalData
With the number of confirmed cases of the coronavirus (COVID-19) continuing to rise in Latin America, many countries are taking drastic measures and closing their borders to stop the spread of the virus. Telcos will play a vital role to support the population and businesses during this period of global crisis, says GlobalData, a leading […]
Government intervention needed to stop airlines going out of business, says GlobalData
Travel restrictions are being deployed as a key weapon in the war against the coronavirus (COVID-19). Much publicized bans and restrictions have decimated the airline industry, forcing widespread capacity cuts and leaving many airlines fighting for survival. It is now almost certain that government intervention will be required to stop a number of airlines going […]
Automakers have no alternative but to shutter plants, says GlobalData
Following the news that Volkswagen Group is planning to temporarily suspend production at its European plants due to the deepening impact of the coronavirus (COVID-19) crisis; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The COVID-19 crisis is impacting car companies in two ways. Firstly, supply chains are […]
Information technology sector leads S&P 500 charge, reveals GlobalData
Information technology and energy stocks ended up being at opposite ends of the growth spectrum over the period between 31 Jan 2019 and 31 Jan 2020, and in the S&P 500 index, according to an analysis by GlobalData, a leading data and analytics company. As of 31 Jan 2020, information technology accounted for 14.2% of […]
RWE and Saitec’s pilot project, a global innovation to push the floating wind farm market, says GlobalData
Offshore wind is expected to play a key role in achieving the EU’s climate and renewable energy targets but design limitations have resulted in foundation-based offshore wind farms being built in relnoteatively shallow waters. RWE Renewables (RWE) recently partnered with Saitec Offshore Technologies (Saitec) to develop a floating platform for offshore wind turbines. This deal […]
Travel insurance changes could impact the insurance industry, says GlobalData
Following the news that LV= has stopped offering travel insurance and Aviva has altered its travel offering to exclude travel disruption following the spread of coronavirus across the globe; Daniel Pearce, Senior Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData research, trip cancellation was the second most […]
Diagnosed incident cases of renal cell carcinoma in 8MM projected to increase by 18.6% over next decade, says GlobalData
Diagnosed incident cases of renal cell carcinoma (RCC) in the eight major markets (*8MM) are projected to increase from 0.20 million cases in 2018 to 0.23 million in 2028, at an annual growth rate (AGR) of 1.86%, according to GlobalData, a leading data and analytics company. Of the 8MM, China is expected to have the highest […]
ICT spending in UAE will reach US$23bn by 2024, says GlobalData
The United Arab Emirates (UAE) continues to be among the most attractive ICT markets in the Middle East, driven by digitalization initiatives and aided by the increased adoption of leading technologies such as cloud, big data analytics, internet of things (IoT) and artificial intelligence (AI). As a result, ICT spending in the UAE is estimated […]
US percutaneous ventricular assist device market expected to grow at a CAGR of 11.6% by 2028, says GlobalData
There are more than 160,000 patients undergoing percutaneous coronary interventions to treat cardiogenic shock each year, yet only just fewer than 5,000 are currently treated with a percutaneous ventricular assist device (PVAD), according to GlobalData, a leading data and analytics company. Ashley Young, Medical Devices Analyst at GlobalData, comments: “PVADs are gaining increased attention due […]
Focus on smaller firms leaves retail chains pinning hopes on ‘fundamental’ review of business rates, says GlobalData
Following the UK Government’s budget announcement today (Wednesday 11 March); Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “A restructure of business rates to reduce the disproportionate burden on retail chains looks further away than ever. Despite a concerted effort by retail bosses in the weeks […]
Black US men have higher risk of breast cancer than white men, says GlobalData
The numbers of breast cancer cases in men are growing steadily in the US. Epidemiologists at leading data and analytics company GlobalData forecast an increase in the diagnosed incident cases of breast cancer in men in the US to reach 2,550 cases in 2028, at an annual growth rate (AGR) of 1.10%. Although the cancer […]
Systemic lupus erythematosus and lupus nephritis market to be worth $1.6bn by 2028 driven by launch of six pipeline therapies, says GlobalData
The systemic lupus erythematosus (SLE) and lupus nephritis (LN) market is expected to grow from $935.9M in 2018 to $1.6bn by 2028 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 5.6%, according to GlobalData, a leading data and analytics company. The company’s latest report, Systemic Lupus Erythematosus and Lupus Nephritis: […]
34.6% of UK women think retailers should mark International Women’s Day with charity, says GlobalData
International Women’s Day is fast approaching, and 81.6% of UK women interviewed by data and analytics company GlobalData are aware of this long-established event. When women were asked what retailers should do for the occasion, the responses included in-store events (24.3%), offering discounts (31.4%) and highlighting the role of women in the brand (32.1%), but […]
14% rise in Delta Air Lines’ sentiments driven by the Boeing 737 Max grounding, says GlobalData
The Boeing 737 MAX’s grounding put Delta in the pole position to overcome the competition, in terms of sentiments, as Delta Air Lines saw an increase of 14% in Q4 2019, compared to Q3. This allowed the company to gain ground over its competitors, American Airlines and Southwest Airlines, which saw declines in sentiments by […]
Hot tea riding ‘third-wave’ coffee culture emerging across the US, says GlobalData
When compared to the hot coffee category, hot tea in the US is still in its infancy. However, the category is benefitting from the success of its relative, with manufacturers borrowing innovations that have helped drive the coffee category, such as novel flavour profiles, innovative production techniques and organic / natural labels. Much as they […]
Global railway project pipeline amounts to US$5.67 trillion, says GlobalData
The global railway projects pipeline is worth US$5.67 trillion, according to leading data and analytics company GlobalData. GlobalData’s report, ‘Project Insight – Global Railway Construction Projects‘, highlights that the Asia-Pacific region, where urbanization continues to put a strain on transport infrastructure, accounts for a large portion of the total, with a pipeline valued at US$3.28 […]
Staycations could be a winner in midst of coronavirus, says GlobalData
As fear over the coronavirus builds, people are beginning to question whether they should travel abroad, with many cancelling or re-arranging their Summer holiday plans. However, one potential winner out of this could be staycations, says GlobalData, a leading data and analytics company. Nick Wyatt, Head of R&A, Travel & Tourism at GlobalData, comments: “People will still […]