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After registering underwriting profits of S$104.5m in 2020, the profitability of Singapore motor insurers is expected to decline in 2021 due to a rise in claims, driven by an increase in road accidents and insurance frauds, says GlobalData, a leading data, and analytics company. Swarup Kumar Sahoo, Senior Insurance Analyst at GlobalData, comments: “In Singapore, […]
GlobalData expects more secondary listings from Chinese TMT companies
Following the news that SenseTime has relaunched $767m Hong Kong IPO after the US investment ban: Swati Verma, Associate Project Manager of Thematic Research at GlobalData, offers her view: “Chinese tech, media, and telecom (TMT) companies are directly or indirectly being impacted by the geopolitical stand-off between the US and China. As a result, several […]
Key players in Japan lupus market have significant scope to improve presence in digital space, says GlobalData
Pharma companies offer support to Japanese patients and rheumatologists with systemic lupus erythematosus (SLE or lupus) through unbranded and branded digital channels providing disease support tools. However, there is a significant opportunity for key players such as GSK and AstraZeneca to improve their presence in the digital space, says GlobalData, a leading data and analytics […]
Global medical devices market to exceed $700bn market value in 2030, forecasts GlobalData
The year 2020 was a tumultuous one for the global medical devices market. However, by early 2021, nearly all segments of the market that had been initially impacted by the decline in sales had recovered to pre-pandemic levels. Against this backdrop, the market is set to continue its pre-pandemic growth to exceed a total market […]
Fiber optic lines to dominate fixed broadband landscape in Asia-Pacific through 2026, forecasts GlobalData
Fiber-to-the-Home/Building (FTTH/B) service is set to cement its position as the leading fixed broadband technology in the Asia-Pacific (APAC) market and will go on to account for 94.8% of the total fixed broadband service revenue in the region by 2026, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Asia Pacific […]
Property insurance in Asia-Pacific to reach $137.5bn in 2025, forecasts GlobalData
The property insurance industry in Asia-Pacific (APAC) is projected to grow from $85.8bn in 2020 to $137.5bn in 2025, in terms of written premiums, according to GlobalData, a leading data, and analytics company. GlobalData’s insight report, ‘2021 Global Property Insurance Market’, reveals that the property insurance industry in Asia-Pacific will grow at a compound annual […]
GlobalData cuts Germany’s real GDP growth forecast for 2022 amid concerns over Omicron variant
Germany’s economy is currently plagued with supply chain disruptions along with demand-supply mismatch for the automobile industry due to chip shortage, based on which GlobalData, a leading data and analytics company, has revised down its 2022 real GDP growth forecast for the country at 4.4%, which is a downward revision of 0.1 percentage point amid […]
India medical devices market to witness 7% growth through 2025, says GlobalData
The medical devices market in India is expected to grow at a compound annual growth rate of 7% between 2021 and 2025. Initiatives such as Atmanirbhar Bharat Abhiyaan, production linked incentive scheme and promotion of medical devices parks scheme are expected to provide further impetus, according to GlobalData, a leading data and analytics company. GlobalData’s […]
Australia’s SVOD service revenue to reach US$3.2bn in 2026, forecasts GlobalData
Subscription video on demand (SVOD) service revenue in Australia is expected to increase at a compounded annual growth rate (CAGR) of 10.3% from US$1.9bn in 2021 to US$3.2bn in 2026, driven by solid growth in SVOD subscriptions and unique SVOD households, and steady rise in average monthly revenue per unique SVOD household, according to GlobalData, […]
Card payments in India to surpass $300bn mark in 2022, says GlobalData
India made remarkable progress in the adoption of digital payments in recent years, supported by government’s push and improvements in payments infrastructure. As a result, the card payments market in India is anticipated to grow by 31.2% in 2022 to reach INR22.3 trillion ($305.4bn), driven by economic recovery post COVID-19 pandemic, widespread vaccination program and […]
ExxonMobil tops GlobalData list of top 10 most mentioned oil and gas companies on social media in 2021
Oil and gas (O&G) industry is recovering gradually from the impact of the COVID-19 pandemic, which disrupted the supply chain and cratered demand. All the while, shareholders and activists have been putting ever increasing pressure to pledge and act on reducing carbon emissions. Against this backdrop, ‘Exxon Mobil Corporation (ExxonMobil)’ is ranked top among the […]
Positive phase III data will give Neurocrine’s Ingrezza dominant position in Huntington’s disease market, says GlobalData
Neurocrine Biosciences has recently announced that its pipeline asset, Ingrezza (valbenazine), achieved the primary endpoint of reducing the symptoms of chorea (involuntary muscle movements) associated with Huntington’s disease (HD) in the Phase III clinical trial, KINECT-HD (NCT04102579). This will propel Ingrezza into a dominant position in the HD market, due to its convenient once-daily dosing […]
Deal activity in travel and tourism sector up by 9.7% in November 2021, finds GlobalData
A total of 79 deals (mergers & acquisitions (M&A), private equity, and venture financing) were announced in the global travel and tourism sector during November, which is an increase of 9.7% over the 72 deals announced in October, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Deal […]
Technology Innovation Intensity (TII) for Cybersecurity
The Technologies Innovation Intensity (TII) framework by GlobalData Plc combines diverse alternative datasets to signal the progress of technologies and in the process helps detect key inflection points ahead of time to place the right tech bets at the right time. The signal for Cybersecurity as a technology (dark blue line) in the below infographic shows a 2-year lead and 40% CAGR returns against the thematic […]
Environmental Sustainability
Environmental innovation, backed by advanced technologies, raises hope for a sustainable future. Here’s an infographic that identifies startups leveraging emerging technologies to offer a range of solutions. This is based on the ‘Innovation Radar – Cleantech 2.0’ report by GlobalData Plc. Read this report and get access to more such intelligence for free here – https://lnkd.in/gT6EVrYq.
Knee reconstruction market in India to witness 9% growth through 2030, forecasts GlobalData
The knee reconstruction market in India is expected to grow at a compound annual growth rate of about 9% between 2021 and 2030, driven by growing number of trauma cases, rapidly aging population and increasing prevalence of obesity, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Knee Reconstruction (Orthopedic Devices) – Global […]
Mergers and acquisitions, venture financing to boost healthtech market in Singapore, says GlobalData
Growing awareness on healthcare, research centric ecosystem, favorable regulatory scenario under the Smart Nation initiative and the increased need for digital consultations amidst the COVID-19 pandemic are the factors driving investments in healthtech sector in Singapore, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Singapore Healthcare, Regulatory and Reimbursement Landscape – CountryFocus’, reveals […]
Zydus Cadila Desidustat better positioned to get first to market advantage within HIF-PHI class in India, says GlobalData
New class of treatment, especially hypoxia inducible factor prolyl hydroxylase inhibitor (HIF-PHI) to treat patients with anemia from chronic kidney disease (CKD), is gaining traction in countries where drugs of this class are approved. India is yet to approve its first HIF-PH inhibitor drug to treat anemia associated with chronic kidney disease. However, Zydus Cadila’s […]
Influencers advise close surveillance of travelers against Omicron driven travel ban, finds GlobalData
Several countries across the globe have restarted imposing international travel restrictions and measures to guard against Omicron, a new variant of the COVID-19. However, Twitter influencers and Redditors are of the opinion that travel ban may actually harm many industries, especially the travel and tourism industry, according to the Social Media Analytics Platform of GlobalData, […]
Advanced materials make noise on Twitter, finds GlobalData
Advanced materials are grabbing the interest of business leaders to create sophisticated products and design new business models. An analysis of the Social Media Analytics platform of GlobalData, a leading data and analytics company, reveals that mentions for advanced materials, especially nanomaterials and smart materials, on Twitter have doubled over the last two years. Sanchari […]