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Sarath.Chandra@globaldata.com

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Mobile wallet payments in South Korea to surpass US$500bn in 2024, reveals GlobalData

South Korea is a well-developed payments market, with consumers preferring cashless payment. While credit cards are the mostly preferred payment method, mobile wallet payments transaction value is expected to reach KRW581.3 trillion (US$503.5bn) in 2024, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Payment Instrument Analytics reveals that the mobile […]
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GlobalData reveals top 10 cybersecurity influencers on Twitter during Q4 2020

An analysis of GlobalData’s Cybersecurity Influencer Platform, which tracks more than 200 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 Bob Carver, Principal – Cybersecurity Threat Intelligence and Analytics at Verizon, as the top cybersecurity influencer during the […]
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Japan continue to lead APAC assisted reproductive technology devices market through 2030, says GlobalData

Japan is the largest market for assisted reproductive technology (ART) devices in the Asia-Pacific (APAC) region in 2020 and is expected to remain the same through 2030, according to GlobalData, a leading data and analytics company. GlobalData’s report, Assisted Reproductive Technology Devices (General Surgery) – Global Market Analysis and Forecast Model (COVID-19 Market Impact), reveals […]
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Vaccine trials necessary to assess effectiveness against fast-spreading new COVID-19 variants, says GlobalData

While governments are ramping up vaccination programs, continued research into the effectiveness of the vaccines is imperative to prevent a worsening of the impact of COVID-19, says GlobalData, a leading data and analytics company. Mohamed Abukar, MSc, Clinical Trials Analyst at GlobalData, comments: “The fast-spreading new COVID-19 variants may reduce the protective effects offered by […]
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HAL’s HTT-40 trainer aircraft acquisition promises bright future for India’s aerospace and defense manufacturers, says GlobalData

Following the news that Hindustan Aeronautics Limited (HAL) received a request for proposal (RFP) for its HTT- 40 trainer aircraft from the India’s Ministry of Defence (MoD); Venkatesh Kandlikar, Analyst at GlobalData, a leading data and analytics company, offers his view: “The procurement of the HTT-40 trainer aircraft will help establish India’s indigenous manufacturing capability […]
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HIV testing to reach peak market value in 2021 after declining in 2020 due to COVID-19 in South Korea, says GlobalData

The human immunodeficiency virus (HIV) tests market in South Korea is forecast to reach a peak market value in 2021 after declining by about 30% in 2020 due to COVID-19, says GlobalData, a leading data and analytics company. GlobalData’s report, HIV Tests (In Vitro Diagnostics) – Global Market Analysis and Forecast Model (COVID-19 Market Impact), […]
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Gaming software leads TMT industry with 130% year-on-year growth in M&A activity in 2020, finds GlobalData

Among all the technology, media and telecom (TMT) sectors, the gaming software saw the highest year-on-year growth of 130% in M&A activity, in terms of deal volume (deals with value greater than or equal to US$50m), reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Mergers and Acquisitions in Tech, Media and Telecom […]
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Union Budget 2021 will boost mobile payments market in India, says GlobalData

The COVID-19 pandemic has disrupted the global financial markets and the digital payments space is no different. Amid the rising fears of infection and the subsequent imposition of lockdown measures and travel restrictions, people preferred digital mode of payments. Against this backdrop, the Indian government’s decision to provide INR15bn (US$0.2bn) will further facilitate the growth […]
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ASEAN vehicle sales down 28% in 2020, says GlobalData

The sales of new vehicles in Southeast Asia’s six largest markets* combined are estimated to have declined by 28.5% to 2,468,613 units in 2020, according to GlobalData, a leading data and analytics company. David Leggett, Automotive Analyst at GlobalData, says: “The annual picture shows much sharper declines earlier in the year, including a 24% drop […]
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