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Coinbase, JPMorgan Chase & Co (JPMorgan) and Microsoft Corporation (Microsoft) emerged as the most mentioned companies among blockchain influencer discussions on Twitter during fourth quarter (Q4) of 2020, according to GlobalData, a leading data and analytics company. Smitarani Tripathy, Influencer Analyst at GlobalData, comments: “The discussions related to Coinbase were largely driven by the announcement […]
4D imaging radar technology provides game-changing safety for autonomous vehicles, says GlobalData
The pouring investments into autonomous vehicles has accelerated the demand for advanced sensors in the automotive industry to deliver greater safety. Against the backdrop, 4D imaging radar technology is gaining popularity given its ability to ensure vehicle safety by handling higher levels of autonomy in any sort of weather, says GlobalData, a leading data and […]
Focus on price negotiation mechanism with deep price cuts drive inclusion of drugs in China’s NRDL, says GlobalData
China updated its National Reimbursement Drug List (NRDL) in December 2020 to include 119 new medicines, with an average price cut of 50.64% agreed by pharma companies. The price negotiation mechanism with steep price cuts drives the inclusion of drugs in NRDL, says GlobalData, a leading data and analytics company. The 2020 NRDL update is […]
Thailand’s general insurance market to reach US$9.4bn in 2024, says GlobalData
The general insurance gross written premium in Thailand is projected to grow from THB253.6bn (US$8bn) in 2019 to THB285.6bn (US$9.4bn) in 2024, according to GlobalData, a leading data and analytics company. GlobalData has revised Thailand’s general insurance forecast in the aftermath of COVID-19 outbreak. As per the latest data, Thailand’s general insurance business is forecasted […]
Novartis to gain firm foothold in South Korea with triple combination asthma therapy, says GlobalData
South Korea has become the third country in the Asia-Pacific region after Japan and Australia to approve the first ever triple combination therapy from Novartis for maintenance in patients with persistent asthma. This is likely to help the company gain a strong foothold in the South Korean asthma market, says GlobalData, a leading data and […]
Card payments growth in Australia declines in 2020 due to COVID-19, reveals GlobalData
The Australian payment card market, which has been on the rise for past few years, registered slowdown in 2020 due to COVID-19 with reduced consumer and commercial spending. However, with gradual recovery in economic activities and growing preference for contactless payments, card payments are expected to rise, according to GlobalData, a leading data and analytics […]
VC investments continue to defy expectations in Q4 2020 despite COVID-19 second wave, finds GlobalData
Despite the second wave of COVID-19 pandemic and slow economic recovery, global venture capital (VC) investments during the fourth quarter (Q4) of 2020 remained robust and were nearly at pre-COVID levels. Albeit, the number of VC deals witnessed a continuous decline for the seventh straight quarter, there was an increase in the number of megadeals […]
Tencent partnership will expedite Geely’s autonomous and smart tech development, says GlobalData
Following the news that China-based Geely Auto Group has partnered with technology conglomerate Tencent Holdings Ltd; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The partnership between Geely and Tencent will offer significant value to the China’s next-gen mobility market. Both the companies aim to […]
Morgan Stanley top M&A financial adviser in Asia-Pacific for 2020, finds GlobalData
Morgan Stanley emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in Asia-Pacific for 2020, having advised on 57 deals worth US$142.6bn. A total 7,621 M&A deals were announced in the region during 2020, marking a 15.6% increase over the 6,594 deals announced in 2019, reveals GlobalData, a […]
Big-ticket deals take back seat as caution grips APAC VC funding landscape during Q4 2020, finds GlobalData
Low value deals (investment <=US$10m) accounted for the majority of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region while billion-dollar deals remained mostly non-existent during the fourth quarter (Q4) of 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the region saw […]
Malaysia needs efficient COVID-19 management to curb declining production output, says GlobalData
Following the news that Toyota Motors and Honda Motors have restarted their plants in Malaysia as the government updated its list of essential businesses allowed to operate; Bakar Sadik Agwan, Senior Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Malaysia’s COVID-19 pandemic management has turned out to be weak and […]
British Airways most mentioned airline among influencer conversations on Twitter during Q4 2020, reveals GlobalData
The global aviation industry has been affected by the COVID-19 outbreak. After relaxation on air travel, several airline operators are taking various measures to mitigate the losses and meet the travel demand ahead of the holiday season. This has led to a staggering 100% year-on-year rise in influencer conversations on Airlines Influencer dashboard during Q4 […]
India to be fastest growing among major economies with growth rate of 9.72% in 2021, says GlobalData
With rising demand for goods and services and revival of key economic sectors amid the declining rates of COVID-19 cases, India’s GDP growth rate is forecasted to witness a V-shaped recovery with 9.72% growth in 2021, says GlobalData, a leading data and analytics company. From mid-September 2020, the COVID-19 cases exhibited a declining trend with […]
Top five predictions for enterprise ICT in ASEAN in 2021 by GlobalData
Enterprises across the ASEAN are reshuffling their ICT priorities in 2020 to urgently address the COVID-19 impact. Against this backdrop, cloud, networking, mobility, communications and security have been shortlisted for the top five predictions based on their market potential and impact in ASEAN by GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘2021 […]
Demand for non-invasive genetic testing driving NIPT testing market in India, says GlobalData
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 […]