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Sarath.Chandra@globaldata.com

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AgriTech accelerates agricultural transformation for progressive and sustainable future, says GlobalData

The demand for more food to feed the world is escalating because of population growth and climate unpredictability. As a result, top agriculture companies are using AgriTech to optimize farming and transform the agricultural economy for a progressive and sustainable future, reveals GlobalData, a leading data and analytics company. Top AgriTech companies are using notable […]
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China to continue to spearhead global LNG liquefaction capacity additions through 2026, forecasts GlobalData

China is expected to lead the global liquefied natural gas (LNG) regasification capacity additions between 2022 and 2026, contributing 26% of the total LNG liquefaction capacity additions, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Regasification Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of […]
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CStone sugemalimumab to face stiff competition in NSCLC segment in China, says GlobalData

The National Medical Products Administration (NMPA) of China has recently approved CStone Pharmaceuticals’ sugemalimumab (Cejemly) to treat patients with stage III non-small cell lung cancer (NSCLC), whose disease has not progressed following concurrent or sequential or platinum-based chemoradiotherapy. Against this backdrop, sugemalimumab will still face stiff competition in China, observes GlobalData, a leading data and […]
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Credit card payments via UPI have potential to disrupt Indian consumer payments space, observes GlobalData

India’s recent proposal to allow credit card payments through unified payments interface (UPI) will further boost credit card acceptance in the country, says GlobalData, a leading data and analytics company. UPI has become a mainstream payment method in India, gradually displacing traditional cash payments. Launched in 2016, UPI has revolutionized the Indian payments space, enabling […]
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Cleantechs lead global climate-smart innovations, finds GlobalData

As global emissions continue to rise at an alarming rate, cities and businesses are shifting to cleaner resources, energy, and technologies. This is resulting in innovations that allow processes, goods, and services to have a lower environmental impact, finds GlobalData, a leading data and analytics company. Abhishek Paul Choudhury, Senior Disruptive Tech Analyst at GlobalData, […]
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US continues to spearhead global LNG liquefaction capacity additions through 2026, says GlobalData

The US is expected to lead the global LNG liquefaction capacity additions, contributing 57% of the total LNG liquefaction capacity additions between 2022 and 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Liquefaction Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of New Build […]
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Life insurance industry in Asia-Pacific records highest growth of 7% over last five years in 2021, finds GlobalData

Asia-Pacific’s life insurance industry recorded 7% growth in 2021, the highest since 2016, due to increased insurance awareness as macroeconomic imbalances highlighted the importance of financial security in the wake of COVID-19 pandemic, says GlobalData, a leading data and analytics company. As per GlobalData, the life insurance industry written premiums in the Asia-Pacific region are […]
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Majority of top 20 APAC tech firms by revenue witness YoY revenue growth in 2021, finds GlobalData

Despite inflationary pressures and COVID-19 induced supply chain disruptions, approximately 85% of the top 20 Asia-Pacific (APAC) technology* companies witnessed year-on-year (YoY) cumulative revenue growth in 2021, finds GlobalData, a leading data and analytics company. Ragupathy Jayaraman, Business Fundamentals Analyst at GlobalData, comments: “Taiwan continues to lead the list of the top 20 APAC technology […]
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With Sugar Cosmetics investment LVMH eyes burgeoning cosmetics and toiletries market in India, opines GlobalData

Following the news that India-based omnichannel beauty startup Sugar Cosmetics has closed $50m Series D funding led by the Asia fund of L Catterton, part-owned by luxury house LVMH; Bobby Verghese, Consumer Analyst at GlobalData, offers his view: “LMVH invested in Sugar Cosmetics owing to the startup’s product development capabilities, stellar growth in both online […]
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Astra Mk-1 will boost indigenous weapons manufacturing ecosystem and augment IAF combat capability, says GlobalData

Following the news that the Indian Ministry of Defence signed a contract with Bharat Dynamics Limited (BDL) to procure Astra Mk-1 Air to Air Missile (AAM); Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The Astra Mk-1 Beyond Visual Range (BVR) Air to Air Missile (AAM) is expected […]
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Australia steps up investments and decarbonizing policies to meet 2050 net zero emissions, observes GlobalData

In a bid to meet its target of zero emissions by 2050, Australia has come up with decarbonizing actions ranging from adopting electric vehicles to developing ethanol facilities to support the chemical industry, encouraging renewable refineries for the growth of biofuels. Furthermore, the country plans to increase its carbon capture and storage projects and develop […]
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Xiaomi Mi Band 7 fitness tracker small update from Mi Band 6 but low price, health and fitness features will still drive sales, says GlobalData

Xiaomi has recently launched Mi Band 7 fitness tracker in China. Even though the fitness tracker lacks GPS functionality, low price and the incremental updates to health and fitness features will make it a hit among budget conscious consumers, according to GlobalData, a leading data and analytics company. Ardit Ballhysa, Technology Analyst at GlobalData, comments: […]
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Tencent sentiment drops 3% in Q2 2022 amid regulatory struggles and cost pressures, finds GlobalData

Tencent’s sentiments dropped by 3% in Q2 2022 compared to Q1 2022, following the negativity around financial metrics, regulations, advertisements, FinTech and rising staff costs amid COVID-19 lockdowns. However, the company remains optimistic about controlling costs, gaming business, video accounts and cybersecurity, according to GlobalData, a leading data and analytics company. Rinaldo Pereira, Business Fundamentals […]
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