Sarath.Chandra@globaldata.com

Power

Japan to nearly achieve 2030 renewable power generation target, estimates GlobalData

Japan is focusing on the rapid development of renewable energy to fill the void created by the Fukushima nuclear power plant disaster. Japan released the Sixth Strategic Energy Plan in October 2021, which increased the country’s renewable power (including hydropower) generation target from the previous 22-24% to 36-38% by 2030. As per the current trend, […]

Business Fundamentals

Twitter influencers opine monkeypox vaccine availability a global challenge

Monkeypox has been declared as a public health emergency by the US and WHO, as it has spread to 70 nations with over 60,000 cases globally. Experts demand quick access to vaccines to contain its further spread and help patients recover quickly. However, Twitter influencers opine that the availability should not be like COVID-19 vaccines, […]

Banking

China continues to lead global e-commerce market with over $2 trillion sales in 2022, says GlobalData

China’s e-commerce market, the world’s largest, is expected to register a strong growth of 10.4% in 2022, as consumers are increasingly shifting from offline to online. The market is expected to grow by 10.4% in 2022 to reach CNY14.5 trillion ($2.3 trillion), forecasts GlobalData, a leading data and analytics company. According to GlobalData’s E-Commerce Analytics, […]

Pharma

Long-acting injectables remain under-utilized for schizophrenia in 7MM despite benefits, says GlobalData

Long-acting injectable (LAI) formulations of antipsychotics to treat patients diagnosed with schizophrenia remain under-utilized in the seven major markets (7MM*) due to the resistance surrounding the use of these products despite the benefits, says GlobalData, a leading data and analytics company. According to GlobalData, patients tend to continue oral antipsychotic treatment, and this results in […]

Aerospace, Defense & Security

Ambitious modernization programs will drive Singapore defense expenditure to $15.8bn in 2027, says GlobalData

The Singapore Armed Forces (SAF) is ambitiously modernizing military equipment, homeland security, and cyber security. To overcome the challenges posed by the country’s small armed forces, and limited area in which to train, the Ministry of Defence is focusing on effective personnel training overseas and adapting sophisticated technologies. In line with this, the defense budget […]

Banking

Card payments in Malaysia to grow by 15.2% in 2022, forecasts GlobalData

The Malaysian card payments market is set to record a robust growth of 15.2% in 2022, supported by the gradual rise in consumer spending, government’s financial inclusion measures, and increasing preference for contactless payments, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments in Malaysia […]

Business Fundamentals

Goldman Sachs, Piper Sandler top M&A financial advisers in GlobalData financial services sector league table for H1 2022

Goldman Sachs and Piper Sandler have emerged as the top mergers and acquisitions (M&A) financial advisers in the financial services sector during the first half (H1) of 2022 by value and volume, respectively, according to the latest financial advisers League Table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals […]

Business Fundamentals

AZB & Partners, Kirkland & Ellis top M&A legal advisers in GlobalData financial services sector league table for H1 2022

AZB & Partners and Kirkland & Ellis have emerged as the top mergers and acquisitions (M&A) legal advisers in financial services sector during the first half (H1) of 2022 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial […]

Strategic Intelligence

Cybersecurity revenue in insurance sector set to grow at 10% CAGR to $10.6 billion in 2025, forecasts GlobalData

The digital world is a minefield for insurers at the moment, with giants AXA, CNA Financial, Tokio Marine and Marsh & McLennan suffering cyberattacks in 2021 alone. Against this backdrop, cybersecurity revenues in the insurance sector are set to grow at a compound annual growth rate of more than 10% from $6.4 billion in 2020 […]

Pharma

Diagnosed prevalent cases of primary myelofibrosis in China set to increase by 34.8% between 2021 and 2031, forecasts GlobalData

The diagnosed prevalent cases of primary myelofibrosis (PMF) in China are expected to increase by 34.8% between 2021 and 2031, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Myelofibrosis Epidemiology Analysis and Forecast, 2021-2031’, notes that the major drivers for the spike in the diagnosed prevalent cases of PMF in China […]

Business Fundamentals

Solana hack prompts Twitter influencers to suggest decentralized wallets, finds GlobalData

The recent hack on the Solana cryptocurrency wallet has led to a drain of millions of dollars, which raised concerns about the security of the crypto ecosystem. Against this backdrop, the volume of discussions around ‘Solana’ among Twitter influencers surged in the first week of August as most of them recommended on the use of […]

Business Fundamentals

US recession dominant topic among social media contributors, reveals GlobalData

With the US economy contracting for the second consecutive quarter in Q2 2022, the Federal Reserve hiked the interest rate by 0.25% again in July to fight the high inflation and keep the economy afloat. Against this backdrop, there was a dramatic spike in social media discussions (Twitter and Reddit) around ‘Recession’ in the last […]

Aerospace, Defense & Security

Rapid stealth technology advancements to drive global fixed wing market to $98.3 billion in 2032, says GlobalData

The global fixed wing market is set to be worth $98.3 billion in 2032, growing at a compound annual growth rate (CAGR) of 3.12% between 2022 and 2032. It will be majorly driven by the rapid advancements in stealth technologies due to a steady increase in military expenditures of many countries, says GlobalData, a leading […]

Retail

With Balenciaga in portfolio, Reliance well positioned to tap booming luxury apparel market in India, says GlobalData

Following the news that Reliance Brands Limited (RBL) has signed a strategic deal with Balenciaga to bring the best of global couture to the Indian market; Bobby Verghese, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view. “Balenciaga joins RBL’s portfolio of 40 international fashion brands, providing the retailer an edge […]

Oil & Gas

Asia to lead the global caustic soda capacity additions through 2026, says GlobalData

Asia is set to lead the global caustic soda industry capacity additions by 2026 with a share of 67%, driven by new-build and expansion projects, estimates GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]

Disruptor

Global patent filings decline by 14% YoY in Q2 2022, mainly led by China, reveals GlobalData

Decline in patent activity due to slowdown of global economy Asian companies such as Samsung, LG and Huawei lead patenting activity Majority patent filings are in AI, 5G, and industrial automation themes Global patent filings declined by almost 14% year-on-year (YoY) to over 771,000 in the second quarter (Q2) of 2022, mainly due to a […]

Business Fundamentals

GlobalData observes sharp spike in influencer discussions around heatwave in July

Extreme weather events such as the devastating heatwaves and heavy downpours, which have caused widespread upheaval across the world so far this year, have once again highlighted the role of human-induced climate change. Against this backdrop, the social media (Twitter and Reddit) conversations around ‘heatwave’ have witnessed a substantial rise in July, reveals the Social […]

Pharma

Age-related macular degeneration market across 7MM to reach $22.8 billion in 2031, forecasts GlobalData

The age-related macular degeneration (AMD) market in the seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK, and Japan) is set to grow from $7.3 billion in 2021 to $22.8 billion in 2031, driven by the longer-acting anti-vascular endothelial growth factor (VEGF) pipeline therapies as well as potentially first-to-market therapies for geographic […]

Insurance

Marine, aviation and transit insurance in Asia-Pacific to surpass $16 billion in 2026, forecasts GlobalData

The marine, aviation and transit (MAT) insurance industry in Asia-Pacific will grow from an estimated $11.9 billion in 2021 to $16.2 billion in 2026, in terms of written premium, driven by positive economic developments, forecasts GlobalData, a leading data, and analytics company. According to GlobalData, MAT insurance in Asia-Pacific is estimated to grow at a […]

Construction

GlobalData revises down Australasian construction output growth forecast to 4.1% in 2022

Construction activity in Australasia (Australia and New Zealand) slowed in the first quarter of this year, with outbreaks of the Omicron variant, flooding in eastern Australia, and rising construction material and labor costs disrupting construction works. As a result, GlobalData, a leading data and analytics company, has revised down its forecast of Australasian construction output […]

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Japan to nearly achieve 2030 renewable power generation target, estimates GlobalData

Twitter influencers opine monkeypox vaccine availability a global challenge

China continues to lead global e-commerce market with over $2 trillion sales in 2022, says GlobalData

Long-acting injectables remain under-utilized for schizophrenia in 7MM despite benefits, says GlobalData

Ambitious modernization programs will drive Singapore defense expenditure to $15.8bn in 2027, says GlobalData

Card payments in Malaysia to grow by 15.2% in 2022, forecasts GlobalData

Goldman Sachs, Piper Sandler top M&A financial advisers in GlobalData financial services sector league table for H1 2022

AZB & Partners, Kirkland & Ellis top M&A legal advisers in GlobalData financial services sector league table for H1 2022

Cybersecurity revenue in insurance sector set to grow at 10% CAGR to $10.6 billion in 2025, forecasts GlobalData

Diagnosed prevalent cases of primary myelofibrosis in China set to increase by 34.8% between 2021 and 2031, forecasts GlobalData

Solana hack prompts Twitter influencers to suggest decentralized wallets, finds GlobalData

US recession dominant topic among social media contributors, reveals GlobalData

Rapid stealth technology advancements to drive global fixed wing market to $98.3 billion in 2032, says GlobalData

With Balenciaga in portfolio, Reliance well positioned to tap booming luxury apparel market in India, says GlobalData

Asia to lead the global caustic soda capacity additions through 2026, says GlobalData

Global patent filings decline by 14% YoY in Q2 2022, mainly led by China, reveals GlobalData

GlobalData observes sharp spike in influencer discussions around heatwave in July

Age-related macular degeneration market across 7MM to reach $22.8 billion in 2031, forecasts GlobalData

Marine, aviation and transit insurance in Asia-Pacific to surpass $16 billion in 2026, forecasts GlobalData

GlobalData revises down Australasian construction output growth forecast to 4.1% in 2022

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