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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 […]
Innovative therapeutic classes to drive NMOSD market in China at 20.9% CAGR through 2030, forecasts GlobalData
The neuromyelitis optica spectrum disorder (NMOSD) therapeutics market is highly genericized, with corticosteroids and immunosuppressants currently accounting for the highest portion of prescribed drugs in China. However, the introduction of more innovative and effective classes of therapies is expected to drive increasing sales through 2030 at a compound annual growth rate (CAGR) of 20.9%, according […]
General insurance industry in China to reach US$313.0bn in 2025, forecasts GlobalData
The general insurance industry in China is projected to grow from CNY1.36 trillion (US$196.8bn) in 2020 to CNY2.13 trillion (US$313.0bn) in 2025, in terms of direct written premiums (DWP), forecasts GlobalData, a leading data and analytics company. As per the latest data from GlobalData, the general insurance industry in China is expected to grow at […]
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 […]
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 […]