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Several countries globally are now going through a second wave of COVID-19 infection. India is ranked second in terms of the confirmed COVID-19 cases globally. However, India has drastically ramped up its COVID-19 testing capacity, which will help it control future spurts of infection or future waves, says GlobalData, a leading data analytics and research […]
Life insurance industry in Singapore to reach S$43.5bn in 2024, says GlobalData
The life insurance gross written premiums in Singapore are projected to grow from S$38.7bn in 2019 to S$43.5bn in 2024, according to GlobalData, a leading data and analytics company. GlobalData has revised Singapore’s life insurance forecast in the aftermath of COVID-19 outbreak. As per the latest data, Singapore’s life insurance industry is expected to grow […]
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 […]
Digital medicine key to revolutionize patient health outcomes, says GlobalData
With the shift from volume-based care to value-based care, digital medicine is increasingly becoming crucial to improve patient health outcomes. Against the backdrop, healthcare companies are leveraging mobile technologies to empower patients for better disease management on their own and improve quality of life, says GlobalData, a leading data and analytics company. Venkata Naveen, Senior […]
Messaging security services revenue in APAC will reach US$1.5bn in 2024, says GlobalData
Increasing expenditure by the emerging economies on security infrastructure is expected to boost the messaging security market in the Asia-Pacific (APAC) region to US$1.5bn in 2024, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecast Model reveals that messaging security revenue is estimated to witness a compound annual growth […]
Vietnam’s general insurance industry to slowdown in 2020 due to COVID-19, forecasts GlobalData
The general insurance industry in Vietnam is forecasted to grow at 3.4% in 2020, compared to the 13.6% growth registered in 2019, according to GlobalData, a leading data and analytics company. The general insurance business is expected to grow at a compound annual growth rate (CAGR) of 6.6% over 2019-2024 as compared to 13.7% during […]
Asia-Pacific deal volume in October above Q1 and Q2 monthly average but below Q3, finds GlobalData
The COVID-19 pandemic, US-China trade war and broader economic uncertainty, which had already slowed organic growth, continue to affect the deal landscape of the Asia-Pacific (APAC) region too. Against this backdrop, even though deal activities began to pick up speed in October 2020 they remained below the third quarter (Q3) monthly average levels, reveals GlobalData, […]
Security offerings revenue in India will reach US$4bn in 2024, forecasts GlobalData
The ongoing impact of COVID-19 pandemic, which has disrupted the traditional business operation landscape, has forced the enterprises to adopt a proactive rather than a reactive approach to address the potential security threats. As a result, security offerings’ revenue in India is estimated to grow at a compound annual growth rate (CAGR) of 3% during […]
Smart glasses adoption by APAC enterprises to grow amidst COVID-19 pandemic, says GlobalData
Smart glasses shipments are likely to have a muted adoption in 2020, owing to the COVID-19 pandemic. However, the enterprises in the Asia-Pacific (APAC) region are more likely to adopt smart glasses in their production lines and warehouse logistics for remote assistance to continue the operations by maintaining social distancing, says GlobalData, a leading data […]
Batteries most mentioned trend among top 10 EV influencers on Twitter ranked by GlobalData during Q3 2020
Batteries emerged as the most mentioned trend followed by electric cars and self-driving among the electric vehicles (EV) influencer discussions on Twitter during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. The discussions around batteries revealed about the Tesla’s ‘Battery Day’ event, which was held in late September, […]
Network security revenue in APAC will reach US$1.4bn in 2024, says GlobalData
The rising threat of data breaches among enterprises has raised the issue of securing enterprise networks. As a result, the network security revenue in the Asia-Pacific (APAC) region is estimated to reach US$1.4bn in 2024, says GlobalData, a leading data and analytics company. The overall network security spending in the region is expected to grow […]
Network access control revenue in APAC will reach US$709m in 2024, says GlobalData
Rising adoption of new network architectures such as private, public and hybrid clouds by enterprises to improve agility and business outcomes has boosted the need to secure these structures. As a result, the network access control revenue in the Asia-Pacific (APAC) region is estimated to reach US$709m in 2024, says GlobalData, a leading data and […]
Governments across APAC rely on smart city technologies to fight COVID-19, says GlobalData
Countries across the Asia-Pacific (APAC) region are implementing smart city technologies such as smart surveillance along with data hub system for advanced contact tracing of COVID-19 infected citizens, says GlobalData, a leading data and analytics company. Manish Chaurasiya, Senior Technology Analyst at GlobalData, comments: “Though the spread of COVID-19 has hindered the roll-out of large-scale […]
Home oxygen therapy to drive oxygen concentrators market growth in India, says GlobalData
The use of oxygen concentrators to stabilize the health of the COVID-19 patients with mild breathing problems and other patients with chronic, severe respiratory issues opting home care oxygen therapy to avoid co-infection from hospital visits are driving the demand for oxygen concentrators market in India, says GlobalData, a leading data and analytics company. GlobalData’s […]
WhatsApp Pay will intensify competition in payments market in India, says GlobalData
India has a well-developed instant payment infrastructure. Immediate Payment Service (IMPS) was launched in 2010 followed by Unified Payments Interface (UPI) in 2016. While the former is primarily used for fund transfers, the latter is mostly preferred for day-to-day payments thereby benefitting mobile payment brands like PhonePe and Google Pay. Against this backdrop, the entry […]
Safety and social distancing norms will drive smart clothing adoption in APAC, says GlobalData
Social distancing has become crucial in preventing the spread of contagious illnesses. Against this backdrop, advanced smart COVID-19 features such as social distancing sensors, sanitization pockets, anti-viral finish, thermometer and an in-built mask are bound to drive smart clothing adoption across the Asia-Pacific (APAC) region over the next two years, says GlobalData, a leading data […]
Key players in breast cancer space engage effectively with Japanese patients through unbranded digital strategies, says GlobalData
In Japan, the breast cancer treatment landscape consists of various systemic therapies including chemotherapy, hormonal therapy, targeted therapy and immunotherapy. Key players in this space provide competitive digital support through branded and unbranded channels. However, patient engagement through unbranded channels to create disease awareness has been more prominent, observes GlobalData, a leading data and analytics […]
WealthTech most mentioned trend among top 10 wealth management influencers on Twitter ranked by GlobalData during Q3 2020
WealthTech, personal finance and financial planning emerged as the most mentioned trends among influencer discussions around wealth management on Twitter during the third quarter (Q3) of 2020. The conversations related to WealthTech revealed the expansion of digitalization in wealth management industry, majorly accelerated by the COVID-19 pandemic, says GlobalData, a leading data and analytics company. […]
Data and content management revenue in APAC to witness 1.8% CAGR between 2019 and 2024, forecasts GlobalData
Data and content management revenue in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 1.8% over the period 2019-2024, driven by the rise in enterprises’ need to organize, categorize and structure the content in a meaningful manner, says GlobalData, a leading data and analytics company. The growth […]
Ease of administration and dual protection can drive novel intranasal vaccine adoption, says GlobalData
Ease of administration and dual protection of local and systemic immunity are promising drivers for intranasal vaccines’ adoption and compliance, particularly at a time when the mammoth task of prospective large scale vaccination is the need of the hour in the wake of the current COVID-19 pandemic, says GlobalData, a leading data and analytics company. […]