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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Influencers cheer as India gears up to crypto with 30% tax on digital assets, finds GlobalData

India announced to introduce a blockchain-powered Digital Rupee and proposed imposition of 30% tax on the sale of digital assets, including crypto and non-fungible token (NFTs), during the Union Budget 2022-23. Meanwhile, Twitter influencers have cherished the decision as India joins the global move towards the acceptance of cryptos, which is also likely to eliminate the […]
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Union Budget 2022-23 to aid India retain position as fastest growing major economy in 2022, says GlobalData

Following the presentation of India’s Union Budget 2022-23 on 01 February; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “The budget 2022-23 focuses on four major pillars, which include infrastructural push, inclusive economic development, transition towards greener economy, and capital creation. With an increase in the capital […]
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Microsoft acquisition drive around technology themes

If you are analyzing Microsoft as a company, here’s a visual for you. In H2 2021, the tech giant invested in various themes such as cybersecurity, cloud, networking, digital media, AI, big data, and e-commerce with its acquisitions. The acquisition of Activision Blizzard is part of the tech major’s strategy to expedite growth in its gaming business across mobile, PC, console, and cloud. […]
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Renal dialysis machines market in Australia to grow at 5.5% CAGR through 2030, forecasts GlobalData

The renal dialysis machine market in Australia is expected to grow at a compound annual growth rate of about 5.5% between 2021 and 2030, driven by an increase in number of dialysis centers, forecasts GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Renal Dialysis Machines(Nephrology and Urology Devices) – Global Market Analysis and […]
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Low-codeNo-code patents rise to transform software development for digital transformation, finds GlobalData

Software development in the digital era is often challenged by skilled developer shortages, technical debt, and shadow IT. Low-code o-code (LCNC) platforms hold a promise to fix these problems and accelerate enterprise digital transformation. With their growing acceptance in wide-scale, patent grants in the space recorded a 19.6% growth between 2015 and 15 December 2021, […]
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Paytm job listings suggest expansion in Africa, LatAm, and North America markets, finds GlobalData

One97 Communications Ltd (Paytm) active jobs increased from 161 in October 2021 to over 280 in January 2021*. Going by its recent listings, Paytm seems to expand in Africa and Latin America (LatAm) markets through telecom services while also working towards consolidating its presence in North America. The company is  exploring international sales avenues while […]
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Enterprise spending on data centers and hosting services in Malaysia to grow at 5% CAGR through 2025, forecasts GlobalData

The total addressable market size for data centers and hosting services in Malaysia, in terms of enterprise spending opportunity, is forecast to increase at a CAGR of 5% over 2020-2025, with more and more businesses in the country adopting cloud-based services and accelerating their digital transformation efforts, according to GlobalData, a leading data and analytics […]
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Cloud computing spending in Australia to reach US$14.1bn in 2025, forecasts GlobalData

The total addressable market size for cloud computing in Australia, in terms of enterprise spending opportunity, is poised to reach US$14.1bn in 2025, supported by large-scale digital transformation initiatives taken up by businesses to counter pandemic-related operational issues, forecasts GlobalData, a leading data and analytics company. Saurabh Daga, Technology Analyst at GlobalData, comments: “Much like […]
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Vietnam mentions skyrocket in 2021 earnings call transcripts, reveals GlobalData

Vietnam was a trending country with high mentions and growth in companies’ earnings call transcripts during 2021. The country’s discussions were driven by key mentions around outsourcing, inventory, factories, capacities, and supply, with a double-digit rise in mentions despite closures and lockdowns dampening sentiments, according to GlobalData, a leading data and analytics company. GlobalData’s latest […]
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Influencers expect onset of global economic recession amid central banks tapering, reveals GlobalData

The risk of the global economic downturn is looming large as the compounding strain of Omicron is threatening the pandemic recovery. Meanwhile, the Federal Reserve System plans to scale back its bond-buying program or the fiscal stimulus amid surging inflation and rising unemployment. Against this backdrop, influencer conversations around ‘Recession’ has spiked up by 100% […]
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General insurers in Japan shift focus from motor to property and specialty lines, finds GlobalData

In a highly concentrated Japanese general insurance market, insurers are changing their focus towards property and specialty lines due to decline in motor insurance premiums, finds GlobalData, a leading data and analytics company. Swarup Kumar Sahoo, Senior Insurance Analyst at GlobalData, comments: “The Japanese general insurance market has been dominated by four leading insurers, which […]
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Digital transformation drives fivefold growth in VC funding into low-code/no-code platforms, finds GlobalData

Amidst a growing number of companies pouring millions into digital transformation for business resilience, primarily against the backdrop of the COVID-19 crisis, low-code/no-code (LCNC) platforms are gaining momentum to cut down lengthy software development cycles to create new applications that meet immediate business needs. This has resulted in an year-on-year fivefold rise in the venture […]
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Cejemly will drive CStone’s overall growth in China, says GlobalData

CStone Pharmaceuticals has recently received the National Medical Products Administration (NMPA) of China approval for Cejemly (sugemalimab). Against this backdrop, Cejemly is expected to drive the CStone’s overall growth, says GlobalData, a leading data and analytics company. Cejemly is an OmniAb-derived anti-PD-L1 monoclonal antibody for the first-line treatment of metastatic (stage IV) non-small cell lung […]
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Digital health gains traction amid COVID-stricken phase of CES 2022, finds GlobalData

Digital health is the fastest-growing category within the healthcare industry. This reflects in the Consumer Electronics Show (CES) 2022 held in Las Vegas, as several healthtech innovations including biosensing wearables, remote patient diagnostics, and monitoring services, telemental health and digital therapeutics hogged the limelight at the event, finds GlobalData, a leading data, and analytics company. […]
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Banking Sector Challenges and Revolutionary Impact of Technology

The banking sector is under immense pressure due to growing competition from new-age fintechs, cultural shift towards a tech-first attitude, compliance with mounting regulations, new business models and dramatically changing consumer behavior.  GlobalData reveals cost reduction, open banking, new entrants, disintermediation and cybersecurity are the key challenges for the banking sector.  Cost Reduction:  In a […]
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