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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 […]
Can Synthetic Biology Foster Bio-Revolution
Achieving global goals such as mass-scale #food production and #sustainable low-cost #manufacturing methods is the need of the hour. Synthetic Biology (SynBio) is a field of #science that has grown over the last two decades to emerge as a mature area in #biologicalengineering with its potential to reduce the #costs of biological production methods and improve the global food #supply. It also can be crucial to create #patient-centric #drugs and promote #precisionmedicine for […]
Takeda leads Japanese companies in developing gene therapy portfolio, says GlobalData
Pharmaceutical companies are focusing on novel promising treatment options such as gene therapy to fulfill unmet needs in several rare and complex diseases in recent years. In Japan, among the various companies developing gene therapy programs, Takeda is the leading company with maximum activity in terms of deals with other companies, says GlobalData, a leading […]
R&D-as-a-service model breathes new life into synthetic biology revolution, says GlobalData
Synthetic biology companies are spreading their wings across industries by embracing transformative business models. One such model is R&D-as-a-service (RDaaS), which is offering significant growth to synthetic biology companies to fabricate outcome-oriented products in multiple industries, says GlobalData, a leading data and analytics company. Sanchari Chatterjee, Disruptive Tech Analyst at GlobalData, comments: “Instead of targeting […]
Malaysia e-commerce market to grow by 10.6% in 2021, reveals GlobalData
The Malaysian e-commerce market, one of the fastest growing in the Southeast Asia, is expected to register a strong growth of 10.6% in 2021 due to an accelerated shift towards online shopping among consumers caused by the COVID-19 pandemic, forecasts GlobalData, a leading data and analytics company. Nikhil Reddy, Payments Senior Analyst at GlobalData, comments: […]
Slowdown in motor insurance to drag down Malaysian general insurers growth in 2021, says GlobalData
Malaysian general insurers’ growth is expected to slow down in 2021 due to decline in vehicle sales accompanied by halt in production driven by global automobile chip shortage, says GlobalData, a leading data and analytics company. Motor insurance was the leading segment in the Malaysian general insurance industry, accounting for 48.7% share of the direct […]
Percutaneous drainage catheters market in Asia-Pacific to grow at 2.5% CAGR through 2030, forecasts GlobalData
The percutaneous drainage catheters market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 2.5% through 2030, with the primary growth factor being changing preference of patients and surgeons from open surgical procedures to percutaneous or minimally invasive procedures, forecasts GlobalData, a leading data and analytics company. […]
Significant scope for key players in Japan CKD market to strengthen digital presence, says GlobalData
Chronic kidney disease (CKD) is associated with an increased risk of cardiovascular (CV) disease or the need for dialysis or kidney transplantation. Currently, AstraZeneca’s sodium-glucose cotransporter 2 (SGLT2) inhibitor Forxiga (dapagliflozin propanediol) is the only marketed therapy available for the treatment of CKD in Japan. Against this backdrop, key players in Japan’s CKD market have […]
Quantum Computing Supremacy
From designing novel #polymers and #pharmaceuticals to modeling #climatechange and decoding #encryption, the potential applications of quantum computing are increasingly becoming key requirements across a wide array of industries. Even though fully-fledged, universal, and fault-tolerant quantum computers may be more than a decade away, #investors do see #QuantumComputing delivering value and want to take advantage. This reflects in the average deal size over the past three […]
COVID-19 accelerates mobile wallet adoption in Hong Kong, finds GlobalData
Mobile wallet usage is on the rise in the Asia-Pacific (APAC) region, a trend that is prevalent in Hong Kong as well. The COVID-19 pandemic has accelerated mobile wallet adoption as consumers are increasingly displacing cash with electronic payments, according to GlobalData, a leading data and analytics company. According to the latest GlobalData’s 2021 Financial […]
ICP monitoring devices market in Asia-Pacific region to witness 7% growth through 2030, forecasts GlobalData
The intracranial pressure (ICP) monitoring devices market in Asia-Pacific (APAC) is expected to grow at a compound annual growth rate (CAGR) of 7% between 2021 and 2030, driven by the increase in the incidence of hydrocephalus and other neurological disorders and increase in traumatic brain injuries. As the elderly population increases, the chances of traumatic […]
India arteriotomy closure devices market to witness 5.5% growth through 2030, forecasts GlobalData
The arteriotomy closure devices market in India is expected to grow at a compound annual growth rate (CAGR) of 5.5% between 2020 and 2030, driven by the increasing cardiovascular disease burden among the general population and growing proportion of untreated population, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Arteriotomy Closure Devices […]
Top 50 Future Robotics Unicorns
With the expansion of the roles that #robots can perform, deep-pocketed #venturecapital #investors are attracted to invest in the high-growth space. The #COVID19 pandemic has certainly provided tailwinds to #robotics, as companies around the world are tapping into the growth opportunity in the mobile autonomous robotics market. In Q2 2021, the industry reported an investment of over US$6.5bn spanning 177 deals globally, with #AsiaPacific accounting […]
Virtual and augmented reality
#Virtualandaugmentedreality (#VAR) space has seen a rapid surge in #patent grants over the last 2-3 years with elevated interest from #venturecapital #investors. These are solid innovation fundamentals for future evolution and adoption of the technology. For instance, #Facebook began its #metaverse journey by rebranding itself as #Meta. Currently, almost a fifth of #Meta employees are working on #augmentedreality (#AR) / #virtualreality (#VR) technology, and the company is betting AR/VR to be […]
Paytm listing will help reap benefits of growing mobile payments ecosystem in India, says GlobalData
Following the news that Paytm is set to raise more than $2.4bn at a valuation of $20bn in India’s biggest IPO; Swati Verma, Associate Project Manager of Thematic Research at GlobalData, offers her view: “Originally a cash-centric society, India has become one of the fastest-growing mobile payment markets over the last few years, and the […]
Global hiring in Q3 more pronounced compared to other quarters in 2021, finds GlobalData
The COVID-19 pandemic impacted hiring activity across the global markets, with the impact being most noticeable in H1 2020 while H2 2020 saw scattered signs of revival. However, hiring in Q3 2021 was more pronounced as compared to other quarters in 2021, as companies continued to post and close jobs, reveals GlobalData, a leading data […]
Hiring Trends & Signals Quarterly Report Q3 2021
GlobalData Plc‘s report, ‘Hiring Trends & Signals Quarterly Report Q3 2021’, is out now. Here are some highlights: Hiring across global markets and industries is staging a comeback in 2021 due to #vaccine availability. Companies are exploring options such as #remotework and #signonbonus in the #newnormal. Sales and roles related to facilities such as cleaning, maintenance, protective services were trending in Q3 2021. The jobs market in North […]
Diagnosed prevalent cases of hemophilia A and B in China to increase by 2.51% by 2030, forecasts GlobalData
The diagnosed prevalent cases of hemophilia A and hemophilia B in China are expected to increase at an AGR of 2.51% between 2020 and 2030, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hemophilia A and B: Epidemiology Forecast to 2030’, reveals that across the eight major markets (8MM*) combined is expected […]
Future Sustainable Technology Unicorns
Given the push by governments, regulators, investors and stakeholders towards #sustainability, our latest report finds that in Q3 2021, #VentureCapital deals in the #sustainabletechnology space reported over US$12bn investment. Against this backdrop, we have released a list of ‘30 Sustainable Technology Startups’ that have the potential to become #unicorns. Find out more: https://lnkd.in/drrEV5Ss #globaldataplc #esgstrategy #esginvesting #technology