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Indonesia e-commerce market is expected to register a robust 23.8% growth in 2022 and reach IDR420.8 trillion ($30bn) in 2022, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s E-Commerce Analytics, e-commerce payments in Indonesia are forecasted to rise further at a compound annual growth rate (CAGR) of 22.0% between 2021 and 2025, […]
India TMT IPO pipeline looks promising after stellar 2021, says GlobalData
The technology, media, and telecom (TMT) IPO market in India is going from strength to strength. In 2021, listings were centered around Internet-driven themes like e-commerce and fintech. These themes will continue to gain prominence as digital adoption in the country further gathers momentum and eventually result in more successful listings in 2022, says GlobalData, […]
JP Morgan Chase job postings hint expansion plans in China, observes GlobalData
JP Morgan Chase & Co listed over 350 job postings in 2021 in China and its 2022 job adverts seem to indicate plans to strengthen expansion in the country, finds GlobalData, a leading data and analytics company. The investment bank is looking to engage with companies, individuals, and families based out of China and markets […]
Early-stage funding rounds account for 68.4% of APAC VC investments volume in 2021, reveals GlobalData
Startups seeking early-stage funding (Seed and Series A) got a much bigger slice of the Asia-Pacific (APAC) venture capital (VC) investment pie during 2021. Early-stage funding rounds accounted for 68.4% of the total VC deals (with disclosed funding rounds) announced in the region during the year, according to GlobalData, a leading data and analytics company. […]
Swiggy, Zomato to benefit by venturing into fast growing buy now pay later market in India, says GlobalData
Buy now pay later (BNPL) has been gaining prominence in India with increasing number of payment and fintech companies vying to get a pie of this fast-growing market. Swiggy’s announcement comes within few days of its rival Zomato’s plans to offer BNPL services. Both the companies are set to benefit by venturing into fast growing […]
Low earth orbit satellites fuel next space race for mission-critical applications, says GlobalData
The new space race focuses on satellite Internet with a promise of higher speed and lower latency for industrial and business-oriented communication applications. As the connectivity revolution gathers momentum, low earth orbit satellites (LEOs) penetrate innovative application areas due to superior performance and positioning compared to geostationary and middle earth orbit satellites in remote tracking, […]
Card payments in Singapore to grow by 8% in 2022, says GlobalData
Card payments in Singapore are set to rebound with 8% growth in 2022, with improving economic conditions, forecasts GlobalData, a leading data and analytics company. Singapore was among the first countries to be affected by the COVID-19 pandemic. This caused significant economic disruption, with GDP contracting by 5.4% in 2020 – its first annual contraction […]
Deal activity in Asia-Pacific nosedives by 26.5% in January 2022, finds GlobalData
Deal activity (mergers & acquisitions, private equity (PE), and venture capital (VC) financing) across the Asia-Pacific region witnessed a 26.5% nosedive during January 2022 as the spread of the Omicron variant had dampened investors’ risk appetite, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that deal volume […]
Jio Platforms new JV with SES will strengthen India’s broadband market, says GlobalData
The formation of Jio Space Technology Limited – a joint venture between India-based digital service provider Jio Platforms Limited (JPL) and Luxembourg-based satellite connectivity solutions provider SES – to deliver affordable broadband services leveraging satellite technology will go a long way in strengthening the overall broadband services market in India, says GlobalData, a leading data […]
Regulatory crackdown shrinks China share in global TMT IPO market by 9% in 2021, finds GlobalData
China’s regulatory onslaught has negatively impacted the tech, media, and telecom (TMT) IPO market in the country in 2021. As a result, the share of TMT listings on Chinese exchanges in the total IPO proceeds raised worldwide year-on-year fell sharply from 24% to 15%, reveals GlobalData, a leading data and analytics company. Swati Verma, Associate […]
Card payments in China set to grow strongly by 17% in 2022, forecasts GlobalData
The card payments market in China, which was affected by the COVID-19 pandemic, is expected to register a strong growth of 17% in 2022, supported by healthy economic recovery, forecasts GlobalData, a leading data and analytics company. Kartik Challa, Senior Payments Analyst at GlobalData, comments: “Card payments market in China, which registered robust growth over […]
Delay in launch of indigenous COVID-19 vaccines by Japanese pharma will impact domestic market potential, says GlobalData
Pharma companies in Japan are still working to bring their first COVID-19 indigenous vaccine, though the pandemic has already completed two years in various parts of the world. As a result, any further delay in the launch of indigenous COVID-19 vaccines will impact domestic market potential, says GlobalData, a leading data and analytics company. According […]
GlobalData sees significant gap in digital marketing for obesity in Australia
Obesity is a key public health concern and a leading risk factor for other lifestyle-related illnesses in Australia. Currently, four key pharma companies offer marketed therapies for the treatment of obesity. However, digital support is limited to just Novo Nordisk and iNova Pharmaceuticals. Against this backdrop, other key players in Australia’s obesity market have significant […]
GlobalData’s Social Media Analytics Platform shows 800% spike in Twitter conversations around Web 3.0 in Q4 2021
Web 3.0 has become one of the biggest buzzwords since the beginning of Q4 2021, as it has emerged as a vision of the Internet of the future. Against this backdrop, discussions around ‘Web 3.0’ among the Twitter influencers have witnessed a sharp rise of 800% quarter-on-quarter in Q4 2021 on the Social Media Analytics […]
Venture capital investment in big-ticket deals gains momentum across Asia-Pacific in 2021, finds GlobalData
The Asia-Pacific region continued to attract strong interest from the venture capital (VC) investors in 2021, as the region saw the announcement of a record 5,685 deals (with disclosed deal value) during the year compared to 3,949 in 2020. Meanwhile, the number of deals valued more than US$100m witnessed more than a double-fold jump, reveals […]
Twitter influencers optimistic on recovery of Facebook market value, reveals GlobalData
Meta Platforms, Inc (Meta), formerly known as Facebook, Inc (Facebook) has suffered the biggest single-day slide with more than 26% loss in the market value recently, as the company missed the quarterly earnings expectation. Even though, investors are bitterly disappointed with the historic fall in market value, several Twitter influencers expect the tech giant to […]
Smart Packaging: Innovation Map by Sector Value Chain: Use Cases
The use cases of emerging technologies are increasing across the packaging sector value chain to broadly maximize output, minimize risk, and control cost. The benefits of emerging technologies are seen notably in the retailers/consumers value chain where robotics, AI, blockchain, cloud, IoT, and ML are helping for automated replenishment, medication adherence, product authenticity, recycling, and […]
General insurance industry in Australia to reach $73.6bn in 2026, forecasts GlobalData
The general insurance industry in Australia is projected to grow at a compound annual growth rate (CAGR) of 6.4% from AUD73.29bn ($54.6bn) in 2021 to AUD99.87bn ($73.6bn) in 2026, in terms of direct written premiums (DWP), according to GlobalData, a leading data, and analytics company. GlobalData exects strong economic recovery, increasing vehicle sales, and growing […]
Global hiring robust in 2021; hybrid work becomes mainstream, says GlobalData
Companies across the globe ramped up hiring in 2021 with hybrid/remote work/work-from-home (WFH) becoming mainstream. Technology, Retail, and Pharma saw significant increase in job postings and Travel & Tourism, Banking & Payments emerged as high growth sectors. Companies accelerated automation with themes such as digitalization, blockchain, and industrial automation seeing more jobs as compared to […]
Smart packaging: how technology is embedding intelligence into packaging
Traditional packaging is often challenged by several factors such as rising material costs, the use of plastics threatening the environment, and creating compelling first impressions to consumers. GlobalData reveals Product Protection, Distribution, Point of Sale Impression, Rising Costs and Sustainability are the key challenges for the packaging sector. Product Protection: Companies are obligated to translate packaging […]