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Following the news that New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has sought expressions of interest from prospective electric vehicle (EV) suppliers to buy over 100,000 electric two-wheelers; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The announcement is positive for the […]
BAE Systems Australia’s hypersonic investment part of larger regional focus, says GlobalData
Following the news that BAE Systems will increase investment in Australia to support the rapid development of a sovereign high-speed weapons capability under ‘Project Javelin’ in 2021: Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “The move to fast-track indigenous development of hypersonic […]
Asia-Pacific sees 3.9% growth in deal activity in February 2021, finds GlobalData
The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The COVID-19-hit 2020 remained a roller coaster ride for […]
Global deal activity declined by 4.5% in February 2021, finds GlobalData
A total of 5,013 deals (mergers & acquisitions, private equity and venture financing) were announced globally during February 2021, which is a month-on-month decline of 4.5% over the 5,247 deals announced during January, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Although some countries are showcasing improvement […]
Travel & tourism sector witnessed 3.8% decline in deal activity during February 2021, finds GlobalData
A total of 77 deals (mergers & acquisitions, private equity, and venture financing) were announced in the global travel & tourism sector during February 2021, which is a decrease of 3.8% over the 80 deals announced in January 2021, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: […]
Xiaomi’s foray into electric vehicle segment will intensify competition in China, says GlobalData
Following the news that Chinese smartphone giant Xiaomi plans to enter into electric vehicles (EV) business with US$10bn investment over the next 10 years; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “While Xiaomi’s entry will boost the demand of EVs, which have been growing […]
Regulations, geopolitics prominently feature in earnings call transcripts of Australia, China companies, finds GlobalData
Mention of China in Australia companies’ earning call transcripts decline Cross-border deal activity falls by 41% As the trade war between Australia and China rages, mentions of geopolitics and regulations in earnings call transcripts of companies in both the countries showcased double-digit growth in 2020, reveals GlobalData, a leading data and analytics company. An analysis […]
Petrochemicals dominate upcoming project starts across oil and gas value chain in China by 2025, says GlobalData
China is expected to witness 512 petrochemical projects to commence operations during the period 2021-2025, accounting for 76% of the total project starts across the country’s oil and gas value chain. In petrochemicals, new build projects dominate the project starts with more than 90% while the rest are expansion projects, according to GlobalData, a leading […]
Quarantine-free travel for vaccinated tourists will expedite tourism revival in Thailand, says GlobalData
Following the news that Thailand will partially open for vaccinated tourists from July 2021; Animesh Kumar, Director of Travel and Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “The move is an extremely positive development for the tourism industry as well as the economy of Thailand. The country’s economy is […]
Mitsubishi Heavy Industries consolidates position in Japanese military ship building, says GlobalData
Following the news that Mitsubishi Heavy Industries (MHI) has agreed to acquire Mitsui E&S Shipbuilding Co’s naval and governmental ships business; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s latest Global Naval Vessels and Surface Combatants Market report, MHI is the […]
Card payments in Philippines will recover strongly with 15.4% growth in 2021, forecasts GlobalData
Card payments in the Philippines, which witnessed a -7.4% slump in 2020, are all set to rebound strongly with 15.4% growth in 2021, with a gradual recovery in consumer and commercial spending, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments in Philippines is forecast […]
E-commerce offers Didi Chuxing best opportunity for successful US IPO, says GlobalData Thematic Research
Didi Chuxing Technology Co. is exploring a US listing via a special-purpose acquisition company (SPAC). Against this backdrop, e-commerce was the most successful theme among the technology, media and telecom (TMT) initial public offerings (IPOs) between 2018 and 2020 and offers a positive outlook for the China-based ride-hailing giant’s IPO, says GlobalData, a leading data […]
Competition from OTT video players to hinder traditional pay-TV market growth in Hong Kong, forecasts GlobalData
The total pay-TV services revenue in Hong Kong will grow at a very sluggish compound annual growth rate (CAGR) of 0.7% between 2020 and 2025, primarily due to intense competition from pure play over-the-top (OTT) video streaming service platforms such as Viu, reveals GlobalData, a leading data and analytics company. According to GlobalData’s Hong Kong […]
Royal Caribbean sees 200% surge in influencer conversations on Twitter post announcement of vaccinated cruises, reveals GlobalData
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., (Royal Caribbean) witnessed a dramatic 200% jump in influencer conversations on Twitter during the third week of March 2021 over the previous week, following the announcement to resume cruising in June for vaccinated crew and guests, according to GlobalData, a leading data and analytics company. […]
Mobile data, M2M/IoT to drive Hong Kong mobile services market through 2025, reveals GlobalData
Hong Kong’s highly saturated mobile service market will register further growth in the mobile subscription penetration from 238% in 2020 to 268% in 2025, driven by the continued rise in mobile Internet subscriptions and rising adoption of machine-to-machine/Internet of Things (M2M/IoT) services, according to GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Mobile […]
China emerges as safe haven for offshore HNW investors during COVID-19 pandemic, says GlobalData
COVID-19 has altered a lot of long-established patterns and the offshore investment market is not immune to this disruption. As a result, high-net-worth (HNW) investors are increasingly looking for new opportunities. Against this backdrop, mainland China has piqued the interest of offshore investors amid the pandemic, observes GlobalData, a leading data and analytics company. GlobalData’s […]
China narrows gap with US in GlobalData’s list of top five VC funded AI tech companies in 2020
Artificial intelligence (AI) has emerged as a true foundational technology that can enhance competitiveness, boost productivity and safeguard national security. With so much at stake—the two global superpowers—the US and China are framing policies to promote AI development to gain a strategic advantage over each other. While the US still leads the AI race, China […]
Digital twins unlocking next wave of innovation across industries, says GlobalData
The convergence of emerging technologies like artificial intelligence, the Internet of Things and big data is driving the adoption of digital twins across industries to build products, monitor assets, optimize maintenance, and reduce downtime, says GlobalData, a leading data and analytics company. Kiran Raj, Principal Disruptive Tech Analyst at GlobalData, comments: “The digital twin technology […]
West China’s pharma manufacturing lagging behind other regions, observes GlobalData
Western China’s pharmaceutical production needs international and domestic investment, as there less number of facilities compared to other Chinese regions and few international pharma companies or CMOs in the region given its geographic size, says GlobalData, a leading data and analytics company Adam Bradbury, PharmSource Analyst at GlobalData, comments: “There may be limits on international […]
Fiber to lead fixed broadband services market in Hong Kong through 2025, says GlobalData
Fiber broadband lines are set to continue to proliferate in Hong Kong and will remain the leading technology to deliver fixed broadband services in the country during 2020-2025, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Hong Kong Fixed Communication Model reveals that fiber-optic’s share in the total fixed broadband […]