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Card payments in the Asia-Pacific (APAC) region, which registered a subdued growth of 1.0% in 2020 due to the reduced consumer spending amid the COVID-19 pandemic, are set to rebound strongly with 19.2% growth in 2021, forecasts GlobalData, a leading data and analytics company. Nikhil Reddy, Banking and Payments Analyst at GlobalData, comments: “Several APAC […]
Fiber segment to drive Australia’s fixed broadband service revenue over next five years, forecasts GlobalData
The total fixed communications services revenue in Australia is expected to increase at a sluggish compound annual growth rate (CAGR) of 0.7% from US$9.9bn in 2020 to US$10.2bn in 2025, supported by the growth in fixed broadband segment, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Australia Fixed Communication Model […]
China opening up to foreign insurers will benefit domestic players, says GlobalData
China is set to become the largest global insurance market, attracting foreign insurers to invest in the country. However, despite opening up its economy, domestic champions are set to benefit from any foreign competition, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Global Insurance Database reveals that China’s GWP, which stood […]
Asia-Pacific pay-TV services market revenue to see US$809m erosion over next five years, forecasts GlobalData
Pay-TV service revenue in Asia-Pacific is set to drop from US$61.6bn in 2020 to US$60.8bn in 2025 due to slowdown in pay-TV household penetration, continued decline in Cable TV subscriptions and fall in average spend per pay-TV account in the region, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Asia-Pacific […]
AT&T’s sale of 30% stake in pay-TV unit portends more market shifts, says GlobalData
Following yesterday’s (25 February) news that AT&T has agreed to sell a 30% stake in its pay-TV unit to private-equity firm TPG Capital for US$1.8bn in cash, with the two companies establishing a new company named DIRECTV; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “AT&T’s tremendous debt […]
Emerging countries to support overall fixed communications market growth in APAC over 2020-2025, says GlobalData
Fixed communications service revenue in Asia-Pacific (APAC) is set to increase at a compound annual growth rate (CAGR) of 1.6% to reach US$209.4bn in 2025, supported by the growing fixed broadband service adoption, particularly in the emerging markets of the region, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s APAC […]
Mobile services market in Bangladesh to grow at 2.2% CAGR over 2020-2025, forecasts GlobalData
Bangladesh mobile service revenue is poised to grow from US$2.9bn in 2020 to US$3.2bn in 2025 at a compounded annual growth rate (CAGR) of 2.2%, mainly supported by the rising adoption of mobile data services, according to GlobalData, a leading data and analytics company. According to GlobalData’s Bangladesh Mobile Broadband Forecast Pack, mobile voice revenue […]
Influencers on Twitter cherish Jaguar decision to go all electric by 2025, reveals GlobalData
Influencers on Twitter cherished when Jaguar Land Rover Automotive PLC (JLR) unveiled its new global strategy to achieve net zero carbon emission by going electric, which led to a staggering 400% jump in influencer conversations on Twitter during the third week of February 2021 over the previous week, according to GlobalData, a leading data and […]
ByteDance ramps up recruitment in Singapore as India makes TikTok ban permanent, observes GlobalData
After realizing that the ban of video-sharing social networking service TikTok will be permanent in India, China-based ByteDance is downsizing workforce in India but ramping up recruitment in Singapore, observes GlobalData, a leading data and analytics company. An analysis of GlobalData’s Job Analytics Database reveals that about 25% of total job postings by ByteDance are […]
Mandatory bargaining code does little benefit for Australians, says GlobalData
In response to the Australian Parliament’s Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill, which went into effect on 17 February 2021, Facebook has decided to pull all content and links from designated Australian news sources from its platforms. Against this backdrop, Australia is relatively a small market for big companies […]
Discussions around Japan by companies slump as GDP growth slows, yet posted jobs silver lining in Q1 2021, says GlobalData
Japan, the world’s third-largest economy, witnessed a 4.8% contraction in last year due to COVID-19, its first annual contraction in 11 years. This reflects in the earnings transcripts of the companies, in which discussions around Japan decreased by around 13% in 2020, reveals GlobalData, a leading data and analytics company. According to GlobalData’s Filing Analytics […]
Battery renting/leasing facilitates large-scale EV adoption, says GlobalData
Following the news that Hyundai Motor Company has signed a MoU with South Korea’s Ministry of Trade, Industry and Energy as well as Hyundai Glovis, LG Energy Solution and KST Mobility to foster EV ecosystem and sustainable battery reuse; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers […]
Zomato looks to bolster finances to remain competitive in Indian online food delivery market, says GlobalData
Following the news that Indian food delivery startup Zomato has raised US$250m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “After the latest funding round, Zomato has emerged as the most-valued foodtech unicorn in India with a valuation of US$5.4bn. It testifies the […]
GlobalData reveals top 10 solar power influencers on Twitter during Q4 2020
An analysis of GlobalData’s Solar Power Influencer Platform, which tracks more than 150 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed Tor Valenza, founder and CMO at UnThink Solar, as the top influencer on solar power during the […]
Tesla sees 60% surge in influencer conversations on Twitter post bitcoin investment, reveals GlobalData
Tesla Inc. (Tesla) witnessed a dramatic 60% jump in influencer conversations on Twitter during the second week of February 2021 over the previous week, following the electric vehicle manufacturer’s announcement to invest US$1.5bn to incorporate bitcoin into its payment infrastructure, according to GlobalData, a leading data and analytics company. In a recent update to its […]
EOC Pharma well-positioned to bring innovative oncology drugs to China, says GlobalData
China-based EOC Pharma has recently entered an in-licensing partnership with US-based biopharmaceutical company Aadi Bioscience for the development and commercialization of ABI-009 (Fyarro). This deal, along with the previous in-licensing deals, clearly highlights EOC Pharma’s strategy to bring innovative oncology therapies for Chinese patients, says GlobalData, a leading data and analytics company. Under the agreement, […]
GlobalData reveals top 10 spirits influencers on Twitter during Q4 2020
An analysis of GlobalData’s Spirits Influencer Platform, which tracks more than 700 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed Steve Rush, a spirits writer with specialization in whiskey, as the top spirits influencer during the fourth quarter […]
AI and cloud help Baidu beat Q4 2020 earnings estimates and bring closer to EV ambitions, says GlobalData
Following the release of Baidu Inc’s financial results for the fourth quarter (Q4) and fiscal year ended 31 December 2020, Alisha Bajpai Singh, Analyst at GlobalData, a leading data and analytics company, offers her view: “Baidu reported a revenue of CNY30,263m in Q4 2020, an increase of 7.2% over CNY28,232m in Q3 2020, which was […]
Last-mile delivery and electrification offer opportunities to scooter sharing companies in India, says GlobalData
Following the news from that India’s two-wheel shared mobility companies Vogo and eBikeGo raised funds to scale up their operations; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The domestic scooter sharing market in India has been witnessing highs and lows for the past few […]
Hyundai to strengthen position as mobility player in India with fresh investment, says GlobalData
Following the news that Hyundai Motor Company plans to invest more than US$440m in India over the next four years; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The announcement comes after the completion of 25 years in India. The country has been a key […]