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Blockchain is quickly becoming a major value driver as businesses are witnessing its advantages in terms of enhancing customers’ confidence in their brands. Blockchain helps to enhance customer confidence in products by offering clear and trustworthy information about product provenance, ethical sourcing, responsible supply chain methods, and authenticity, finds GlobalData, a leading data and analytics […]
Bempedoic acid market in India will become crowded soon with more generic launches, says GlobalData
Zydus Lifesciences launched a first-in-class oral, non-statin lipid-lowering drug, bempedoic acid, under the brand name Bemdac, for the first time in India in May 2022. Considering bempedoic acid is a novel drug, multiple Indian pharma companies are expected to launch bempedoic acid under their brand names in the country. Against this backdrop, the bempedoic acid […]
Venture capital investors bet big on zero trust to reinforce cybersecurity in digital era, finds GlobalData
Zero trust, a new cybersecurity approach, is gaining momentum to secure modern digital environments as the world increasingly transitions to cloud-native applications. Nearly $3bn in cumulative venture capital (VC) funding was pumped in from 2018 to 2021 to equip legacy security models with zero trust. The goal is to enhance data security and reduce cyber […]
Beyond Meat most mentioned vegan meat company on Reddit, reveals GlobalData
Vegan meat has come to light as an alternative meat market in recent years subsequently drawing the attention of both consumers and manufacturers due to the increasing number of vegans. Against this backdrop, Beyond Meat, Inc (Beyond Meat) emerged as the most mentioned company among the conversations of Redditors around vegan meat during the last […]
MVA-BN respiratory syncytial virus vaccine could get first-to-market opportunity in China, says GlobalData
Bavarian Nordic has recently announced an exclusive license and supply agreement with China’s Nuance Pharma to develop and commercialize their candidate MVA-BN respiratory syncytial virus (RSV) vaccine in adults in China Mainland, Hong Kong, Macau, Taiwan, South Korea, and Southeast Asian countries. Leveraging Nuance Pharma’s local presence could provide a unique first-to-market opportunity for MVA-BN […]
Snowflake most discussed data warehousing company among Redditors, finds GlobalData
Data warehousing has become an integral part of business intelligence for most of the companies. Meanwhile, cloud-based data warehousing technologies are making disruption with new technologies such as AI, 5G, and Blockchain. Against this backdrop, Snowflake Inc (Snowflake) with a share of 35% has emerged as the most discussed company among the Redditors’ conversations around […]
Emerging technologies facilitate digital transformation of insurance sector, says GlobalData
The growing maturity of emerging technologies such as artificial intelligence (AI), biometrics, cloud and alternative reality, and data ubiquity are facilitating the insurance sector’s digital transformation. The trend will accelerate as stakeholders become more cognizant of the new technologies, finds GlobalData, a leading data and analytics company. Abhishek Paul Choudhury, Senior Disruptive Tech Analyst at […]
Top 20 APAC banks bounce back as economic activities return to normal in 2021, observes GlobalData
As economic activities almost touched pre-COVID-19 levels in 2021, most of the top 20 APAC banks posted substantial growth in their revenue stream. The aggregate revenue jumped 11.4% to US$1.5 trillion, reveals GlobalData, a leading data and analytics company. China continues to lead the list of the top 20 APAC banks based on revenue with […]
BASF seeks long-term growth opportunities in India automotive sector, likely to ramp up hiring, says GlobalData
Following the news that German multinational chemical company BASF has expanded its Automotive Coatings Application Center in Mangalore, India; Sherla Sriprada, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, offers her view on jobs creation: “BASF has posted around 2,900 jobs between January 2021 to May 2022* in the Asia-Pacific (APAC) region. […]
Microsoft tops GlobalData list of most mentioned gaming companies on Twitter in Q1 2022
The gaming industry has become a mainstream market in recent years. Non- traditional gaming companies are also getting into gaming, with technological advancements such as AI, VR, 3D graphics and metaverse. Against this backdrop, Microsoft Corp has emerged as the most discussed company with 28% share among the Twitter influencer conversations around gaming in Q1 […]
Borrena (lorlatinib) approval further strengthens Pfizer position in China NSCLC market, says GlobalData
The National Medical Products Administration (NMPA) of China has recently approved Pfizer’s third generation ALK inhibitor Borrena (lorlatinib) as the first-line treatment for adults with ALK-positive locally advanced or metastatic non-small cell lung cancer (NSCLC). Pfizer already has deep commercial experience in China’s NSCLC market, and this approval will further strengthen its position within the […]
Amid layoff stories, Indian startups raise $12.1bn venture capital during January-April 2022, reveals GlobalData
Despite news about laying off employees to cut costs, Indian startups raised $12.1bn through 672 venture capital (VC) funding deals announced during January-April 2022, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that this was the second highest VC funding amount raised by any Asia-Pacific (APAC) country […]
ADHD tops GlobalData list of 10 most mentioned diseases on social media during Q1 2022
Attention deficit hyperactivity disorder (ADHD) has emerged as the most mentioned disease among the social media conversations of both Twitter influencers and Redditors on the topic ‘diseases’ during the first quarter (Q1) of 2022, according to the Social Media Analytics platform of GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘10 Most Mentioned […]
China leads global tech patent publications between 2017 and 2022, finds GlobalData
China’s patent office has been the strongest compared to all other countries and regions in terms of tech patent publications. Between 2017 and 2021, the tech patents in China’s patent office grew at the highest CAGR of 17%, reveals GlobalData, a leading data and analytics company. Swati Verma, Principal Analyst in Thematic Team at GlobalData, […]
Global patent filings in artificial intelligence record 28% AAGR during Q1 2022, reveals GlobalData
The global patent filings in artificial intelligence (Al) recorded the highest AAGR of 28%, reflecting it as the most prolific technology. Most of the AI patent filings during the period were focused on machine learning (ML) models, speech recognition, image analysis, and natural language processing systems, reveals GlobalData, a leading data and analytics company. According […]
Deal activity in Asia-Pacific nosedives by 29.4% in April 2022, finds GlobalData
A total of 1,166 deals (comprising mergers & acquisitions, private equity, and venture financing deals) were announced in the Asia-Pacific (APAC) region during April 2022, which is a decline of 29.4% over the 1,651 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals […]
Mobile wallets go mainstream in South Korea consumer payments market, observes GlobalData
Mobile wallet payments are becoming the ‘mainstream’ payment method in South Korea, gradually displacing traditional payments such as cash and cards, with nearly two-thirds of South Koreans using mobile wallets at shops, according to GlobalData, a leading data and analytics company. According to GlobalData’s 2021 Financial Services Consumer Survey*, which was carried out in Q1 […]
Deloitte, KPMG, PwC, EY step up hiring in India with focus on big data, cloud during Q1 2022, reveals GlobalData
The big four professional services firms—Deloitte, KPMG International Coop (KPMG), PricewaterhouseCoopers International Ltd (PwC) and Ernst & Young Global Ltd (EY)—seem to be focusing on India for recruitment since the start of 2022. Among the four, EY had the highest job postings for India during Q1 2022, followed by Deloitte, PwC, and KPMG, respectively, reveals […]
Twitter influencer discussions on food prices QoQ up by 130% during Feb-Apr 2022, reveals GlobalData
With the global economy already shackled by the COVID-19 pandemic, the ongoing Russia-Ukraine conflict is further creating shock waves through the global food system. The disruption to the food supply chain for several commodities is eventually leading to food inflation. Against this backdrop, Twitter influencer conversations around ‘Food Prices’ rose by 130% in the last […]
Asia-Pacific credit and charge cards market to grow by 13.7% in 2022, forecasts GlobalData
Credit and charge cards market in Asia-Pacific (APAC) is poised to register a significant growth of 13.7% in 2022, supported by recovery in economic conditions, rising consumer disposable income, and growing preference towards electronic payments, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, credit and charge card payments value […]