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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Jobs Recap August 2022: GlobalData finds continuous layoffs amid sizable decline in active, posted, closed jobs

Companies across sectors, including technology, retail, and banking & payments, continued to announce layoffs, and a sizable decline in active jobs (number of jobs available for application) is also apparent in August 2022, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Jobs Analytics database has identified a seven index-points decrease in […]
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Commercial sales will propel drones industry to $90 billion in 2030, forecasts GlobalData

The global unmanned aerial vehicles (UAVs) or drones market is expected to grow significantly over the next 10 years, with revenues reaching $90 billion in 2030, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, Drones (2022) – Thematic Intelligence, reveals that the global drones market will expand at a compound annual growth […]
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Military modernization programs to drive China defense expenditure to $318.6 billion in 2027, observes GlobalData

Territorial claims in the South China Sea and the increasing strength and assertiveness of the US have spurred China to enhance its military capabilities. In line with this, the country has approved ambitious military modernization programs to build its capabilities. Against this backdrop, the defense budget of the country is expected to increase at a […]
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China dominates GlobalData list of top 10 Asia-Pacific cities by GDP in 2021

The aggregated revenue of the public enterprises headquartered in China among the top 10 Asia-Pacific (APAC) cities, in terms of GDP, amounted to $10.5 trillion (51.6%) in 2021, finds GlobalData, a leading data analytics and research company. An analysis of GlobalData’s Company Profiles Database reveals that five cities from China—Beijing, Shanghai, Shenzhen, Guangzhou, and Chongqing—featured […]
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Taiwan decision to purchase additional M142 HIMARS reflect renewed focus on multipronged defense strategy, says GlobalData

Following the news that Taiwanese military has decided to purchase an additional M142 High Mobility Artillery Rockets Systems (HIMARS) launchers and ATACMS missiles as part of record $40 billion annual defense budget; Tristan Sauer, Land Domain Analyst at GlobalData, a leading data and analytics company, offers his view: “In its proposed defense budget for 2023, […]
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IT security, cloud, digital transformation priority areas for majority Australia enterprises in 2022, finds GlobalData

Driven by the growing adoption of remote/hybrid working model and government support for large-scale digitalization of the economy, more than 60% of the enterprises* in Australia have increased their ICT budgets in 2022 with IT security, cloud and digital transformation proving to be the top investment priority areas, reveals GlobalData, a leading data and analytics […]
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China firms to give stiff competition to foreign counterparts in domestic HER2-/HR+ breast cancer market, says GlobalData

Human epidermal growth factor receptor 2-negative/hormone receptor-positive breast cancer (HER2-/HR+ BC) is one of the most prevalent subtypes of BC in China. Historically, foreign companies have dominated the HER2-/HR+ marketed drug space in the country. However, the trend is expected to change gradually, considering the strong innovative late stage (Phase III and above) pipeline by […]
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SNDGG, Google Cloud AI partnership will transform Singapore healthtech industry, says GlobalData

The medical devices industry is beginning to recognize the advantages of artificial intelligence (AI). The industry’s digital transformation has been accelerated by the COVID-19 pandemic. Against this backdrop, the latest memorandum of understanding (MoU) signed between Singapore’s Smart Nation and Digital Government Group (SNDGG) and Google Cloud is expected to transform the country’s healthtech industry, […]
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Funding winter takes toll on VC funding in India as July becomes first month in 2022 to record below $1 billion, reveals GlobalData

Until recently, the largest venture capitalists and private equity players in the world were scrambling to grab a share of the Indian startup ecosystem, which was touted as a promising alternative to China. However, the harsh “funding winter” has reversed the fortunes. As a result, July is the first month of 2022 when the total […]
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South Korea to remain fastest growing aesthetics market in APAC, says GlobalData

South Korea is the fastest growing aesthetics market in Asia-Pacific (APAC) and is expected to retain its position in the future augmented by continuous innovation, growing demand for beauty, and increased spending on aesthetic enhancement, says GlobalData, a leading data, and analytics company. GlobalData’s research reveals that South Korea’s aesthetic device market, which accounted for […]
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