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Due to delayed marriages and the rising cost of living, Taiwan has one of the lowest fertility rates in the world but is one of the preferred destinations for assisted reproduction in Asia. Against this backdrop, INVO Bioscience Inc recently signed an exclusive agreement with Ming Mei Technology to distribute INVOcell intravaginal culture (IVC) system. […]
Companies embrace biodegradable packaging to achieve sustainability goals, finds GlobalData
Amidst a raft of new regulations and environmental laws, consumer-facing companies are adopting a slew of measures to switch to green packaging solutions. The ripple effect is quite evident as clear labeling campaigns to differentiate between composability and biodegradability by some of the key manufacturers are pushing the other companies to follow suit and achieve […]
China pulls down Asia-Pacific deal activity by 4.3% in 2022, reveals GlobalData
The Asia-Pacific (APAC) region has suffered a 4.3% decline in deal* activity during 2022. The decline is primarily driven by a significant 16.5% fall in deal activity in China, which accounts for around one-third of the region’s deals volume, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals […]
Artificial intelligence to drive digital mammography equipment market in South Korea during 2015-2030, forecasts GlobalData
With more companies leveraging the power of 3D mammography and artificial intelligence (AI) to provide early and accurate results and growing awareness of breast cancer among young women in South Korea, the market for digital mammography equipment is expected to grow at a compound annual growth rate (CAGR) of 11.60% between 2015 and 2030, forecasts […]
Payment cards dominate South Korea e-commerce market with over 60% share, reveals GlobalData
Payment cards were most preferred payment tool for e-commerce purchases in South Korea and accounted for 60.9% of payments made for online purchases in 2022, reveals the financial services consumer survey* by GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics shows that the South Korea e-commerce market was estimated to […]
UH-60M Black Hawk helicopters to enhance Australian Defence Force fleet readiness, tactical lift capability, opines GlobalData
Following the news that Australia has confirmed the acquisition of 40 UH-60M Black Hawk helicopters for an estimated $1.96 billion (A$2.8 billion) from the US; Harshavardhan Dabbiru, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The growing influence of China in the Indo-Pacific has driven the defence spending and the […]
Companies discussions around low code, no code up by 18% in 2022, reveals GlobalData
Low-code, no-code (LCNC) platforms are becoming popular as companies are pouring millions into digital transformation to cut down lengthy development cycles to create new applications that meet immediate business needs. In line with this, companies’ discussions around LCNC grew by 18% year-on-year in 2022, reveals GlobalData, a leading data and analytics company. GlobalData’s Company Filings Database […]
Meta, Microsoft to drive more B2B metaverse applications, predicts GlobalData Company Analytics
Media and entertainment applications in the metaverse continue to grab attention. As metaverse-related B2B use cases start emerging, companies such as Meta and Microsoft are trending across signals, including news, job postings, filing mentions, patents, and influencer discussions, reveals GlobalData, a leading data and analytics company. Virtual prototyping is a B2B use case for the […]
Top 25 global retailers lose about $40 billion in cumulative market capitalization in Q4 2022, finds GlobalData
Sky-high inflation, interest rate hikes and increased recession fears changed the consumer behavior resulting in excess inventory. Consequently, the global top 25 retailers by market capitalization (MCap) witnessed a 1.3% ($40bn) quarter-on-quarter decline in their cumulative MCap from $3.37 trillion in Q3 2022 to $ 3.33 trillion in Q4 2022, reveals GlobalData, a leading data […]
Nigeria economic growth to slow down to 2.7% in 2023, forecasts GlobalData
Decline in oil production, insecurity ahead of 2023 general elections and high inflationary pressure remain the major areas of concern for Nigeria. Against this backdrop, the real GDP growth of the country is forecast to slowdown from 3% in 2022 to 2.7% in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, […]
Twitter influencers see Microsoft investment in OpenAI as threat to Google search-engine dominance, finds GlobalData
Microsoft’s plan to invest $10bn in OpenAI, the owner of ChatGPT chatbot, has generated a buzz on Twitter. Influencers are confident that it is the shrewdest bet through which Microsoft could end Google’s search-engine dominance. In line with this, Twitter Influencers’ conversations around ‘Microsoft’ related to ‘ChatGPT’ have shown a dramatic spike in the second […]
Western companies to play key role in improving cardiovascular disease management approach in China, says GlobalData
Cardiovascular diseases (CVDs) continue to be the leading cause of death globally, with China being no exception. As domestic companies are mostly involved in providing generic drugs for CVDs, China is heavily reliant on foreign players. Against this backdrop, key foreign players will play a crucial role in improving the overall cardiovascular disease management approach […]
SpaceX most cited unicorn among Twitter influencers in 2022, reveals GlobalData
Unicorn companies continued to create buzz in social media conversations in 2022, with various ups and downs led by business disruption, innovation, and product diversification, while the concern of global recession was a hindrance. In this context, Space Exploration Technologies Corp (SpaceX) has emerged as the most mentioned company among the top 10 trending unicorns […]
Genome sequencing solutions will help to bring precision in lung cancer therapy, says GlobalData
Lung cancer is one of the prevalent forms of cancer in the Asia-Pacific (APAC) region. Genome sequencing-based analysis is imperative to bring precision in lung cancer therapy. Lung cancers are often a result of DNA mutations, which can be detected using DNA sequencing methodology, often referred to as a liquid biopsy. Recently, several APAC nations […]
ESG, geopolitics, artificial intelligence amongst make-or-break themes for 2023, predicts GlobalData
GlobalData’s Thematic Intelligence team will be hosting the technology, media, and telecom (TMT) Predictions 2023 webinar on Thursday, 19 January 2023 for EMEA and North America, and Friday, 20 January 2023 for APAC. The webinar will analyze several trends impacting the tech, media, and telecom (TMT) sector in 2023, including: Environmental, social, and governance (ESG) Geopolitical […]
Sony, Samsung most mentioned companies among influencer discussions during CES 2023, reveals GlobalData
Sony Corporation (Sony) and Samsung Electronics Co Ltd (Samsung) have emerged as the top-mentioned companies among the influencer discussions on Twitter during the Consumer Electronics Show (CES 2023), reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics platform company. Smitarani Tripathy, Social Media Analyst at GlobalData, comments: “Sony Honda Mobility, the […]
FDA approval for Mobilise rehabilitation device opens doors for investment in health IT-based orthopedic devices in South Korea, says GlobalData
The Ulsan National Institute of Science and Technology (UNIST), the Korea Institute of Science and Technology (KIST), and Seoul National University Bundang Hospital have recently received FDA approval for “Mobilise”, a medical device to help degenerative knee arthritis patients. This will not only open doors for overseas sales but also encourage domestic and international companies […]
North America set to lead global renewable refinery capacity additions through 2026, forecasts GlobalData
Renewable refinery fuels/drop-in fuels are gaining importance globally as they are relatively environmentally friendly when compared to crude oil-based refined fuels. As a result, renewable refinery capacity additions are gaining momentum with North America set to witness the highest capacity additions among all the regions, forecasts GlobalData, a leading data, and analytics company. GlobalData report, […]
Top 25 global banks performance shows market stability as they report 11.3% growth in combined market capitalization in Q4 2022, says GlobalData
Mitsubishi UFJ, BNP Paribas and JPMorgan Chase gained over 25% Al Rajhi Banking lost more than 5% China’s Big Four banks lost between 3-8% in MCap The aggregate market capitalization (MCap) of the global top 25 global banks grew by 11.3% to $3.3 trillion quarter-on-quarter (QoQ) during the fourth quarter (Q4) ended on 31 December […]
Edge computing key for rapid adoption of Industry 4.0, says GlobalData
As the world recovers from the COVID-19 pandemic, the global internet of things (IoT) market is anticipated to surpass $1 trillion in 2024 in revenue where enterprise IoT could account for over 70% of the market share. Against the backdrop, edge computing holds a promise to dramatically improve data processing for mission-critical applications and accelerate […]