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India continues to be the second major market after China in the Asia-Pacific (APAC) region in terms of venture capital (VC) funding activity. With the daily new COVID-19 cases consistently decreasing for some time, VC investors seem to be betting big on the country’s startup ecosystem. Against this backdrop, Indian startups raised $26.8bn VC funding […]
AstraZeneca antibody cocktail Evusheld will face imminent competition in Australia, says GlobalData
Australia recently granted provisional determination for AstraZeneca’s COVID-19 monoclonal antibody (mAb) cocktail postexposure prophylaxis (PEP) therapy Evusheld (tixagevimab + cilgavimab / AZD7442). On expected successful provisional approval and launch in early 2022, it faces competition with a crowded COVID-19 armory of mAb and oral anti-viral therapies, says GlobalData, a leading data and analytics company. So […]
General insurance industry in Singapore to reach $4.2bn in 2025, forecasts GlobalData
The general insurance industry in Singapore is expected to grow at a compound annual growth rate (CAGR) of 5.0% from SGDb4.4bn ($3.2bn) in 2020 to SGD5.6bn ($4.2bn) in 2025, in terms of gross written premium (GWP), forecasts GlobalData, a leading data, and analytics company. According to GlobalData, resumption of economic activities, successful COVID-19 vaccination rollout […]
Data center and hosting spending in Singapore to increase at 6.1% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of data center and hosting services in Singapore, in terms of spending opportunity, is set to increase at a compound annual growth rate (CAGR) of 6.1% between 2020 and 2025, driven by rising adoption of cloud technology and shift towards remote working models across enterprises, forecasts GlobalData, a leading data […]
Card payments in New Zealand to rebound in 2021 with 10.3% growth, forecasts GlobalData
New Zealand’s card payments market is expected to rebound strongly in 2021 registering 10.3% growth, supported by the economic revival, rising consumer spending, and growing preference for contactless payments, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments registered a decline of 11.8% in 2020 […]
Chinese startups raise $80.6bn VC funding during January-October 2021, reveals GlobalData
Even as several key markets across the world continue to grapple with gloomy investor sentiment amid the rising COVID-19 cases, China emerged as the most preferred investment destination for global venture capital (VC) investors in the Asia-Pacific (APAC) region. Startups in the country raised $80.6bn in VC funding during January-October 2021, the highest in the […]
Artificial Intelligence
#Artificialintelligence refers to software-based systems that use data inputs to make their own decisions. #AI encompasses a wide range of #technologies and subsets. Here’s a graphic illustration of how these are interrelated. The AI industry has identified seven key technology categories: #ML, #DataScience, #ConversationalPlatforms, #ComputerVision, #AIchips, #SmartRobots, and #ContextAwareComputing. According to a forecast by GlobalData Plc, the #deployment of AI will be essential to the survival of companies of all […]
Alternative payment tools emerge as mainstream for e-commerce payments in APAC, finds GlobalData
Alternative payments have gained significant prominence among online shoppers in the Asia-Pacific (APAC) region with payment solutions such as mobile and digital wallets displacing traditional payment methods like cash and cards, says GlobalData, a leading data and analytics company. According to GlobalData’s E-Commerce Analytics, e-commerce payments in APAC (covering 16 countries) are estimated to increase […]
Data and analytics market in China to increase at 10.2% CAGR over 2020-2025, forecasts GlobalData
Data and analytics market in China, in terms of enterprise spending opportunity, is expected to increase at a CAGR of 10.2% over 2020-2025, boosted by the acceleration in enterprise digital transformation efforts in the country, and growing demand for business intelligence, data discovery tools, and big data platforms, says GlobalData, a leading data and analytics […]
GlobalData reveals top 10 most mentioned automotive companies on social media in 2021
The harsh effects of COVID-19 and semiconductor shortage continue to affect the auto industry, which led to supply-demand gap due to slow vehicle production since 2020 at a time when carmakers globally are looking to go electric. Against this backdrop, ‘Tesla Inc (Tesla)’ has ranked top among the top 10 most mentioned automotive companies on […]
Deloitte emerges as leader among big four consulting firms on social media in 2021, finds GlobalData
Deloitte Touche Tohmatsu Limited (Deloitte) turned up as the most mentioned company among the big four consulting firms on basis of social media conversations of Twitter Influencers and Redditors in 2021*, according to GlobalData, a leading data and analytics company. GlobalData’s Social Media Analytics (SMA) Platform, which identifies and tracks the emerging trends, pain areas, […]
Enterprise spending on data center and hosting services in China to grow at 6.8% CAGR through 2025, forecasts GlobalData
The total addressable market size of the data center and hosting services in China, in terms of enterprise spending opportunity, is set to increase at a CAGR of 6.8% between 2020 and 2025, driven by rising demand for storage and computing power among enterprises that can support technology infrastructure upgrades and online/digital service implementations, says […]
Chinese pharma companies eye strategic alliances to bring innovative siRNA-based therapeutics, observes GlobalData
The overall potential of siRNA-based therapeutics has attracted Chinese pharma companies to tap opportunities and bring promising innovative therapies across the globe. Against this backdrop, the Chinese pharma companies have increased their focus towards the siRNA pipeline through strategic alliances*, finds GlobalData, a leading data and analytics company. China pharma companies have executed four deals […]
Vascular embolization plugs and coils market in Japan to grow at 3% CAGR through 2030, says GlobalData
The vascular embolization plugs and coils market in Japan is expected to grow at a compound annual growth rate (CAGR) of 3% through 2030, driven by growing preference for endovascular minimally invasive procedures over traditional surgeries, forecasts GlobalData, a leading data, and analytics company. GlobalData’s latest report, “Vascular Embolization Plugs and Coils (Cardiovascular) – Global […]
Engineering Microorganisms into Powerful Micromachines
#SyntheticBiology (#SynBio) has the potential to solve a wide range of global needs through breakthroughs in #Bioproduction, #Biosensing, #ClosedLoopMedicines, #CropProtection, and #ProbioticDelivery. An analysis of GlobalData Plc #Disruptor #Deals database reveals that SynBio #VentureCapital (#VC) deals have surged over the past two years. Reportedly low-cost #Biomanufacturing and #DNAsequencing methods have piqued the interest of investors in exploring SynBio’s potential applications in #FoodManufacturing and #Pharmaceuticals. In fact, the total VC funding has surpassed $4bn by […]
Netflix hiring tilts towards APAC countries; active jobs in South Korea double, finds GlobalData
For Netflix, the US has been at the forefront of its hiring activity. Of late, the company’s hiring in the Asia-Pacific (APAC) region shows plans to scale growth, boost localization efforts, develop consumer product strategy, and create jobs. Besides countries such as Japan, Singapore, and India, Netflix seems to have renewed focus on South Korea, […]
Indian pharma companies gearing up to grab opportunities in global supply of oral COVID-19 drugs, observes GlobalData
Indian pharma companies have already occupied pole position in the supply of repurposed COVID-19 drugs globally. With the launch of new innovative COVID-19 oral drugs, Indian companies are again expected to grab opportunities in the global supply of oral COVID-19 drugs, says GlobalData, a leading data and analytics company. Several countries are observing increasing cases […]
China, India pull down APAC deal activity by 4.3% in October 2021, finds GlobalData
Deal activity (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC) financing deals) across the Asia-Pacific (APAC) region reported a 4.3% decline in October 2021, primarily due to a nosedive in PE/VC deals and decline in the overall deal volume across big markets China and India, according to GlobalData, a leading data and […]
Japan SVOD services market revenue to reach US$6.3bn in 2025, forecasts GlobalData
The subscription video on demand (SVOD) service revenue in Japan is expected to increase at a robust compounded annual growth rate (CAGR) of 17.7% from US$2.8bn in 2020 to US$6.3bn in 2025, driven by increasing SVOD subscriptions and steady rise in average monthly revenue per SVOD household, according to GlobalData, a leading data and analytics […]
Global new job postings down by 8% MoM, finds GlobalData Jobs Recap October 2021
New job postings in China decline 34% Over 1.9 million jobs closed in October 2021 Over 3.9 million jobs open for recruitment globally Travel and tourism sector leads active jobs growth Even though there is an increase in hiring activity through the year, companies now seem to be taking stock of actual requirements. As a […]