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Rising adoption of emerging technologies like big data, Internet of Things (IoT), artificial intelligence (AI), augmented reality (AR) and virtual reality (VR), along with enterprises’ focus on cost reduction and operation scalability is expected to boost the cloud adoption in India. As a result, the overall spending on cloud computing in India is set to […]
Vietnam mobile data service revenue set to grow at 2.5% CAGR between 2020 and 2025, says GlobalData
Mobile data service revenue in Vietnam is expected to rise from US$1.3bn in 2020 to US$1.5bn in 2025, at a compound annual growth rate (CAGR) of 2.5%, driven by increase in smartphone penetration along with increase in the demand for mobile data usage, according to GlobalData, a leading data and analytics company. According to GlobalData’s […]
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. […]
China continues to top Asia-Pacific M&A deal activity during Q3 2020, finds GlobalData
Mergers and acquisitions (M&A) deal activity in the Asia-Pacific (APAC) region remained inconsistent during the third quarter (Q3) of 2020. However, China continue to top the region both in terms of volume as well as value, according to GlobalData, a leading data and analytics company. The number of announced M&A deals decreased from 671 in […]
Colocation services market in Asia-Pacific to reach US$9.7bn in 2024, forecasts GlobalData
Colocation services in the Asia-Pacific (APAC) region have witnessed significant growth with increased investment from global and local vendors that cater to the enterprise data center requirements. Amidst this backdrop, the colocation services market in the region is estimated to reach US$9.7bn in 2024, forecasts GlobalData, a leading data and analytics company. Sunil Kumar Verma, […]
APAC breathing filters and bags market to witness 4% growth through 2030, forecasts GlobalData
The breathing filters and bags market in the Asia-Pacific (APAC) region is expected to reach US$200m in 2030, growing at a compound annual growth rate (CAGR) of about 4% between 2020 and 2030, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Breathing Filters and Bags (Anesthesia and Respiratory Devices) – Global Market […]
Cloud and digital offerings come to rescue Indian IT vendors amid COVID-19, says GlobalData
Majority of the technology vendors continue to struggle with the impact of COVID-19 pandemic. Despite this, leading Indian IT vendors continue to shine through the crisis, driven by their cloud and digital transformation offerings, says GlobalData, a leading data and analytics company. Leading technology vendors continue to offer added offerings in the digital space to […]
Thailand ready for second wave of EV investments with new set of manufacturing incentives, says GlobalData
Following the news that the Thailand Board of Investment (BOI) has approved new list of incentives for electric vehicle (EV) manufacturing; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “BOI’s new set of comprehensive manufacturing incentives/promotion package covering the entire EV ecosystem is a major […]
Property insurance in Asia-Pacific to reach US$85.6bn in 2023, says GlobalData
The total property insurance written premium in the Asia-Pacific region is projected to grow from US$71.5bn in 2019 to US$85.6bn in 2023, according to GlobalData, a leading data, and analytics company. GlobalData’s insight report, ‘Global Property Insurance Market’, reveals that property insurance in Asia-Pacific is projected to grow at a compound annual growth rate (CAGR) […]
Solar most mentioned trend among top 10 power influencers on Twitter ranked by GlobalData during Q3 2020
Solar, renewable energy and clean energy emerged as the most mentioned trends among the power influencer discussions on Twitter during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company The discussions related to solar were largely driven by the measures taken by countries like South Korea, Canada, Egypt and […]
Ongoing Singles Day event to further accelerate e-commerce growth in China, says GlobalData
The Chinese e-commerce market is the largest globally, with its strong growth even in 2020 supported by robust payment tools specialized for remote channels, developed logistical infrastructure and high levels of consumer preference for online shopping. This trend has been further accelerated by the COVID-19 outbreak. The ongoing Singles Day event, one of the largest […]
Declining COVID-19 impact improves orthopedic procedures outlook for 2021 in Australia, finds GlobalData
The number of orthopedic procedures performed in Australia are expected to decline in 2020 compared to 2019 due to the COVID-19. However, the outlook for 2021 seems to be improving as the number of COVID-19 cases are declining. This is expected to result in an increase in the number of orthopedic procedures performed, especially elective […]
Ola’s entry into electric scooter segment set to boost electric mobility business in India, says GlobalData
Following the news that India-based shared mobility player Ola’s electric mobility arm, Ola Electric Mobility Pvt. Ltd, plans to foray into electric scooter manufacturing; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Electric two-wheelers, particularly electric scooters, offer unique opportunities in India and the segment […]
Vehicle sales in India inching close to pre-COVID-19 levels with new model launches and festive season, says GlobalData
Following the news that India’s domestic vehicle sales witnessed a year-on-year increase in October 2020; Bakar Sadik Agwan, Senior Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “October emerged as the third continuous month to witness year-on-year increase in domestic sales volumes, indicating that the market is moving close to […]
Electric vehicle line-up expansion offers Mitsubishi significant opportunities in near-term, says GlobalData
Following the news that Japanese automaker Mitsubishi Motors plans to add more than five new battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) to its product line-up starting this year; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Mitsubishi Motors is one of the […]
Major APAC tourist destinations recovery to pre-COVID-19 levels may take time, says GlobalData
Even though major economies across the Asia-Pacific (APAC) started negotiating travel bubble pacts with their key source countries to revive the tourism sector, recovery to pre-COVID-19 pandemic levels may take time even after all restrictions are withdrawn, says GlobalData, a leading data and analytics company. International tourist arrivals in the APAC region declined by more […]
Skadden, Kirkland & Ellis top legal advisers by value, volume in financial services sector during Q1-Q3 2020, finds GlobalData
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis were the top legal advisers for mergers and acquisitions (M&A) in the financial services sector by value and volume, respectively, during Q1-Q3 2020. A total of 2,250 M&A deals were announced in the financial services sector during the period, according to GlobalData, a leading data […]
Hino, Traton e-mobility joint venture to boost global electric commercial vehicle market, says GlobalData
Following the news that Volkswagen Group’s commercial vehicle division Traton and Japanese truck and bus maker Hino Motors have signed a joint venture (JV) agreement for e-mobility; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Hino Motors seems to be well on track with its […]
Kirkland, Latham top M&A legal advisers by value, volume in retail sector during Q1-Q3 2020, reveals GlobalData
Kirkland & Ellis and Latham & Watkins have emerged as the top mergers and acquisitions (M&A) legal advisers by value and volume, respectively, in the retail sector during Q1-Q3 2020. A total of 889 M&A deals were announced in the retail sector during the period, according to GlobalData, a leading data and analytics company. According […]
Goldman Sachs tops M&A financial adviser league table in retail sector during Q1-Q3 2020, finds GlobalData
Goldman Sachs emerged as the top mergers and acquisitions (M&A) financial adviser in the retail sector by value as well as volume during Q1-Q3 2020. A total of 889 M&A deals were announced in the retail sector during the period, according to GlobalData, a leading data and analytics company. According to GlobalData’s ‘Global and Retail […]