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Desire to delay pregnancy, increasing late pregnancy related complications and physicians opting for advanced genetic testing for high risk pregnant women during their first trimester is driving the demand for non-invasive prenatal testing (NIPT) market in India, says GlobalData, a leading data and analytics company. GlobalData’s report, Prenatal Screening Tests (In Vitro Diagnostics) – Global […]
Covishield to dominate overall COVID-19 vaccination drive in India, says GlobalData
Serum Institute of India’s (SII) Covishield and Bharat Biotech’s Covaxin have recently received emergency use authorization (EUA) in India. However, despite indigenous vaccine Covaxin’s approval, Covishield will continue to dominate the overall vaccination drive in India irrespective of other vaccine options in the near future, says GlobalData, a leading data analytics and research company. According […]
Japan aims for comprehensive COVID-19 vaccination with strong focus on pre-orders and distribution, says GlobalData
Japan is aggressively making efforts to vaccinate its population for COVID-19 with a strong focus on signing pre-orders. The country has signed multiple deals with AstraZeneca, Pfizer, Moderna and Novavax to procure sufficient COVID-19 vaccine doses with pre-orders exceeding four times of its actual population, says GlobalData, a leading data and analytics company. In October […]
South Korea looks to strengthen position in global autonomous vehicles market with KRW1.1 trillion investment, says GlobalData
Following the news that South Korea has announced to inject KRW1.1 trillion (US$999m) to develop autonomous driving technologies; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “In 2019, South Korea committed US$50.7bn to the autonomous vehicles industry by 2025 along with top OEMs, and later […]
Volkswagen strengthens position in value chain of lucrative used vehicles segment in India, says GlobalData
Following the news that Volkswagen Finance Pvt. Ltd. (VWFPL) India, part of Volkswagen Financial Services, has acquired a majority stake in Chennai-based automotive fintech platform KUWY Technology; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “A key component of VW Group’s India 2.0 strategy, which targets […]
Early-stage funding rounds dominate APAC VC investment landscape in Q4 2020, finds GlobalData
Early-stage funding rounds (comprising Seed and Series A funding rounds) dominated the venture capital (VC) funding landscape during the fourth quarter (Q4) of 2020 in the Asia-Pacific (APAC) region, according to GlobalData, a leading data and analytics company. The number of deals with disclosed funding rounds increased by 3.6% from 361 in October to 374 […]
Earth Ride strengthens Hero Electric competitive position in e-2W segment in India, says GlobalData
Following the news that India-based electric two-wheeler (e-2W) company Hero Electric has partnered with electric vehicle leasing start-up Earth Ride in India; Animesh Kumar, Director of Automotive and Travel & Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “In recent times, the electric two-wheeler market has witnessed the entry of […]
Thailand pay-TV market revenue to grow at a moderate 1.1% CAGR over next five years, forecasts GlobalData
Thailand’s pay-TV services market is set to recover and post an 8% growth in revenue in 2021 but will slow down again thereafter to post a moderate compound annual growth rate (CAGR) of 1.1% over the forecast period 2020-2025, according to GlobalData, a leading data and analytics company. GlobalData’s Thailand Telecom Operators Country Intelligence Report […]
Cryptocurrency most mentioned topic among influencer discussions around PayPal on Twitter during Q4 2020, reveals GlobalData
PayPal Holdings, Inc. (PayPal) launched a new service in October 2020 enabling customers to buy, hold and sell bitcoin and other virtual coins (cryptocurrencies) at the 26 million merchants on its network, as migration towards digital payments continues to accelerate driven by the COVID-19 pandemic. Against this backdrop, cryptocurrency emerged as the most popular topic […]
Evolving type 2 diabetes digital marketing space in Japan requires existing players attention, says GlobalData
The Japanese type 2 diabetes (T2D) therapeutics market is highly competitive with several generic, branded and biosimilar products available. Among the various types of therapies, the leading class of drugs are GLP-1R agonists, DPP-4 inhibitors and SGLT-2 inhibitors. Considering the intense competition and the growth opportunities, the digital support available for T2D patients through branded […]
Thailand mobile services revenue to decline by 12.6% in 2020 due to COVID-19, reveals GlobalData
Thailand’s mobile services revenue is set to witness a 12.6% year-on-year decline in 2020 due to the adverse impact of COVID-19 crisis on mobile subscription growth and mobile service average revenue per user (ARPU) levels during the year, according to GlobalData, a leading data and analytics company. GlobalData’s Thailand Telecom Operators Country Intelligence Report shows […]
Asia-Pacific advanced wound management market to witness 7% growth through 2025, forecasts GlobalData
The advanced wound management market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 7% between 2020 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s latest report, Wound Dressings (Wound Care Management) – Global Market Analysis and Forecast Model (COVID-19 Market Impact), reveals that […]
Indonesia’s e-commerce market continues to surge amid COVID-19 pandemic, says GlobalData
Indonesia is a promising e-commerce market in Asia-Pacific, with several local and global players competing in the market. Rising Internet penetration, increasing digitalization and the proliferation of websites have been driving e-commerce growth. The COVID-19 pandemic has further accelerated e-commerce sales in Indonesia, according to GlobalData, a leading data and analytics company. An analysis of […]
Thailand fixed communications services market revenue to decline at 3.2% CAGR over 2020-2025, forecasts GlobalData
The total fixed communications services market revenue in Thailand is expected to decline at a compounded annual growth rate (CAGR) of 3.2% from US$3bn in 2020 to US$2.5bn in 2025, due to major decline in fixed voice communication service revenue and slower growth in fixed broadband service segment, according to GlobalData, a leading data and […]
Alibaba shows 60% spike in influencer conversation on Twitter during Q4 2020, reveals GlobalData
Alibaba Group Holding Limited (Alibaba) company came under scrutiny after China’s State Administration for Market Regulation (SAMR) issued guidelines for Anti-Monopoly Law (AML) to prevent and stop monopolistic behavior within the platform economy or digital platform. This contributed to a staggering 60% quarter-on-quarter rise in influencer conversations around Alibaba on Twitter during Q4 2020, reveals […]
HER2 amplification tests market in India to grow at 7% CAGR over next five years, says GlobalData
Oncology tests in India currently have been either delayed or deferred due to the ongoing COVID-19 pandemic. However, the human epidermal growth factor receptor 2 (HER2) amplification tests market is expected to rebound and grow at a compound annual growth rate (CAGR) of 7% over the next five years as the government has eased down […]
Deal activity in Asia-Pacific declines by 15.7% in December 2020, finds GlobalData
A total of 1,417 deals were announced in the Asia-Pacific (APAC) region during December 2020, which is a decline of 15.7% over the 1,681 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the deal volume during the month remained […]
Fiat Chrysler Automobiles looks to increase localization, reduce costs and grow SUV sales in India, says GlobalData
Following the news that Fiat Chrysler Automobiles (FCA) has announced an investment of US$250m to increase sales volumes and enhance portfolio in the lucrative SUV segment in India; Animesh Kumar, Director of Automotive and Travel & Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “Through the investment, which is in […]
Japan’s enterprise storage market will maintain 5.3% CAGR between 2019 and 2024, forecasts GlobalData
Following a considerable decline in 2020, the enterprise storage market in Japan will recover in 2021 and maintain a compound annual growth rate (CAGR) of 5.3% in its value over the forecast period 2019-2024, driven by the need among enterprises for efficient storage power to support their digital transformation initiatives, says GlobalData, a leading data […]
Singapore’s enterprise mobility market to register 8.2% CAGR in value over 2019-2024, forecasts GlobalData
Despite the anticipated decline of 5.6% in total value in 2020, the enterprise mobility market in Singapore will maintain a compounded annual growth rate (CAGR) of 8.2% over the 2019-2024 period, driven by the rising adoption of remote working and bring-your-own-device (BYOD) strategies across enterprises, says GlobalData, a leading data and analytics company. The uncertainty […]