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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 […]
Falling IPTV subscriptions to affect pay-TV services revenue in Singapore over next five years, forecasts GlobalData
The total pay-TV service revenues in Singapore will decline by a compound annual growth rate (CAGR) of 1.4% during 2020-2025 due to falling Internet Protocol television (IPTV) subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Singapore Telecom Operators Country Intelligence Report reveals IPTV subscriptions in the country will decline at a CAGR […]
Communication and collaboration software market in China registers 15.2% growth in 2020 amidst COVID-19, reveals GlobalData
While the overall enterprise ICT market value in China declined in 2020 due to the COVID-19 crisis, the communications and collaboration software market bucked the trend and registered year-on-year growth of 15.2%, reveals GlobalData, a leading data and analytics company. According to GlobalData, the communications and collaboration software market size in the country increased from […]
South Korea’s pay-TV services market to reach US$7.2bn in 2025, forecasts GlobalData
Pay-TV services market in South Korea is expected to reach US$7.2bn in 2025, mainly driven by the subscription growth in Internet Protocol television (IPTV) service and growth in overall pay-TV average revenue per user (ARPU). The market is forecast to grow at a compounded annual growth rate (CAGR) of 2.5% between 2020 and 2025, according […]
IPO most mentioned topic among influencer discussions around Airbnb on Twitter during H2 2020, finds GlobalData
Travel restrictions due to the COVID-19 pandemic have hit hard the hospitality industry including the vacation rental online marketplace company Airbnb, Inc. (Airbnb) in 2020. However, in the second half (H2) the company reported recovery in business activities when domestic travel picked up. Later, the company announced its initial public offering (IPO) and got listed […]
Bitcoin’s epic bull run is backed by strong investor interest, says GlobalData
The price of Bitcoin, the world’s most popular cryptocurrency, has grown four times from nearly US$5,000 in March 2020 to an all-time high of over US$20,000 in December 2020. The changing monetary policies, rising inflation and the impact of COVID-19 pandemic has shifted investors’ focus to alternative asset classes like cryptocurrencies to secure the value […]
Singapore’s mobile services revenue to nosedive by 18% in 2020, forecasts GlobalData
Continuing its downward trend from the last three years, Singapore’s mobile services revenue is expected to decline by 18% in 2020 due to the adverse impact of COVID-19 pandemic on the mobile subscription growth and partly due to the competition induced decline in mobile tariffs, according to GlobalData, a leading data and analytics company. GlobalData’s […]