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Following the news that Southeast Asia’s two most valuable start-ups Grab Holdings (Grab) and Gojek are in talks to merge their businesses; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “The two ride-hailing rivals are amongst the most valued start-ups in the region. While Grab is valued at […]
November vehicle sales in India maintain positive trend riding on healthy festive demand, says GlobalData
Following the news that automaker Maruti Suzuki reported 1.7% year-on-year (yoy) growth in November 2020 vehicle sales; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “India’s auto OEMs are on the path of recovery to the pre-COVID-19 levels as they have been witnessing positive growth […]
Motor Vehicle Aggregators Guidelines 2020 conducive for long-term shared mobility growth in India, says GlobalData
Following the news that the Ministry of Road Transport & Highways in India has issued Motor Vehicle Aggregators Guidelines 2020 to regulate cab aggregators in the country; Animesh Kumar, Director of Automotive and Travel & Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “The guidelines present benefits to all stakeholders, […]
China pulls ahead in immuno-oncology with highest PD-1/PD-L1 combination clinical trials growth, reveals GlobalData
China recorded the highest year-on-year increase in the number of clinical trials initiated investigating PD-1/PD-L1 targeted combination immuno-oncology therapies across the eight major markets (8MM*) in 2020, according to GlobalData, a leading data and analytics company. In 2020, the US emerged as the leading market in industry-sponsored initiated clinical trials for PD-1/PD-L1 targeted combination therapies […]
China aims to level up key technical capabilities to rid US dependency, says GlobalData
China has a US$1.4 trillion state program to support R&D in key enabling technologies over the next five years to rid itself of dependency on the US. These include semiconductors, artificial intelligence (AI), robotics, 5G and 6G, data centers and cloud, supercomputing, quantum computing technologies, and low-earth orbit satellites, says GlobalData, a leading data and […]
Pay-TV services revenue in New Zealand to decline at 3.1% CAGR over next five years, forecasts GlobalData
Despite the steady growth in overall subscriptions, the total pay-TV services revenue in New Zealand will decline by a compound annual growth rate (CAGR) of 3.1% between 2020 and 2025, according to GlobalData, a leading data and analytics company. GlobalData’s New Zealand Telecom Operators Country Intelligence Report reveals that the overall pay-TV service revenue will […]
Machine learning most mentioned trend among top 10 AI influencers on Twitter ranked by GlobalData during Q3 2020
Machine learning, bigdata and data science emerged as the most mentioned trends among the artificial intelligence (AI) influencer discussions on Twitter during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. The discussions around machine learning were related to how organizations have reacted to COVID-19 outbreak through digital transformation […]
COVID-19 most mentioned trend among top 10 health and wellness influencers on Twitter ranked by GlobalData during Q3 2020
COVID-19, nutrition and mental health emerged as the most mentioned trends among the health and wellness influencer discussions on Twitter during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. The discussions related to COVID-19 were largely driven by how the virus can be crushed with simple changes in […]
New Zealand mobile service revenue to register 5.5% CAGR over 2020-2025, forecasts GlobalData
Following a decline in 2020 primarily due to the impact of the COVID-19 crisis, mobile services revenue in New Zealand is expected to recover next year. It is set to grow at a compound annual growth rate (CAGR) of 5.5% between 2020-2025 and reach US$1.8bn supported by growth in both mobile data as well as […]
American Airlines most mentioned company among top 10 aviation influencers on Twitter ranked by GlobalData during Q3 2020
American Airlines emerged as the most mentioned company among influencer discussions on airline operators, followed by on Twitter during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. Nishad, Influencer Analyst at GlobalData, comments: “The discussions related to American Airlines were led by the company’s plan to layoff several […]
Early-stage funding rounds dominate VC investment landscape in APAC during Q3 2020, reveals GlobalData
Despite volatile market conditions, venture capital (VC) investors seem to continue placing bets on promising start-ups as the COVID-19 pandemic has dramatically accelerated the rate of digital adoption by companies across sectors. Against this backdrop, early-stage funding rounds (Seed and Series A) dominated the venture capital (VC) funding landscape during the third quarter (Q3) of […]
Fixed broadband to drive overall fixed services revenues growth in New Zealand over 2020-2025, forecasts GlobalData
Following a marginal decline in 2020 due the COVID-19 outbreak, the total fixed communications services revenue in New Zealand is expected to increase at a compounded annual growth rate (CAGR) of 3.8% during 2020-2025, to reach US$1.3bn in 2025, primarily driven by the growth in fixed broadband segment, according to GlobalData, a leading data and […]
Caution prevails across APAC with big ticket VC deals remaining mostly non-existent in Q3, finds GlobalData
Big ticket deals (or billion-dollar deals) remained mostly non-existent as low value deals (investment <=US$10m) continue to account for the majority of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals […]
Consulting services revenue in Asia-Pacific to surpass US$106bn in 2024, forecasts GlobalData
Enterprises in the Asia-Pacific (APAC) region continue to leverage IT consulting for better understanding, analysis, management, implementation and deployment of technologies for agile business strategy. Against this backdrop, consulting services market in the region is set to grow at a compound annual growth rate (CAGR) of 2.8% between 2019 and 2024 to reach US$106.4bn in […]
Successive drug launches will drive NASH market growth across seven major markets, says GlobalData
Several pharmacological treatments for non-alcoholic steatohepatitis (NASH) are expected to be launched in the seven major markets (7MM*) over the next 10 years. It is anticipated that these products can demand higher prices than the current off-label therapies, considering no therapy has been approved for the indication, and drive strong growth in the NASH market, […]
Inflation most mentioned trend among top 10 macroeconomics influencers on Twitter ranked by GlobalData during Q3 2020
Inflation, gross domestic product (GDP) and unemployment emerged as the most mentioned trends among macroeconomics influencer discussions on Twitter during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. The discussions related to inflation were largely driven by the skyrocketing triple digit annual inflation rates in countries such as […]
TripAdvisor most mentioned company among top 10 travel and tourism influencers on Twitter ranked by GlobalData during Q3 2020
TripAdvisor, GetYourGuide and Skyscanner emerged as the most mentioned companies among travel and tourism influencer discussions on Twitter during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. Nishad, Influencer Analyst at GlobalData, comments: “The discussions related to TripAdvisor revealed that safe travel has assumed greater significance during the […]
Card payments in Vietnam to slowdown in 2020 as consumer spending plummets, says GlobalData
COVID-19 had impacted the Vietnam’s economy with reduced consumer spending, affecting the overall growth of the card payments market. The gradual reopening of businesses and easing of lockdown restrictions will provide the much-needed push to the country’s economy, which will positively impact the payment industry, says GlobalData, a leading data and analytics company. According to […]
Alternative reality finds more real-world applications in construction, says GlobalData
Construction industry is slowly shifting from years of the wait-and-watch stance to adopting digital technologies to improve the overall project lifecycle from conceptual design to construction. Considering such developments, alternative reality technologies such as augmented reality (AR) and virtual reality (VR) are increasingly finding their use cases to improve accuracy, efficiency and safety of construction […]
Southwest Airlines sees 2X surge in influencer conversations on Twitter during last six months, reveals GlobalData
The aviation industry is in deep crisis as the COVID-19 pandemic forced airline companies to suspend all flights due to muted travel demand. Airline operators have been reporting consecutive quarterly losses since the first quarter (Q1) of 2020 and Southwest Airlines Co (Southwest) is not an exception. This led to a staggering 200% rise in […]