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The proposal to amend the regulations around the investments in infrastructure investment trusts (InvITs) is expected to open an alternate source of investments for Indian insurers and pension funds, according to GlobalData, a leading data and analytics company. According to GlobalData’s Insurance Database, the total investment income of Indian insurers is expected to decline by […]
Telcos begin standalone 5G deployment to unlock true 5G potential, says GlobalData
All the current commercial 5G rollouts by telecom companies globally are based on non-standalone (NSA) architecture, which helped them with quick go-to-market to monetize 5G services. However, NSA technology has limitations to unlock 5G’s full potential to support the majority of industrial use cases. Against the backdrop, telcos are scaling their NSA 5G network with […]
Vaccine trials outside home market will help Chinese companies capture Asia and South and Central America markets, says GlobalData
Pharma companies across the globe are working to develop a vaccine against COVID-19, which has already infected more than 38 million globally. Against this backdrop, the Phase III trials conducted by Chinese companies in countries outside China will help Chinese vaccines capture market share in Asian and South and Central American countries, says GlobalData, a […]
Deployment of EV charging stations on highways and expressways will boost EV uptake in India, says GlobalData
Following the news that the Department of Heavy Industries (DHI) in India has invited an expression of interest (EOI) for the development of electric vehicle (EV) charging infrastructure on major highways and expressways; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Despite a wide EV portfolio […]
Card payments in Indonesia to slowdown in 2020 as consumer spending plummets, forecasts GlobalData
COVID-19 pandemic has hit the Indonesian payment market as consumers are staying away from non-essential purchases and as a result, card payments value will register a subdued growth of 1.7% in 2020, forecasts GlobalData, a leading data and analytics company. An analysis of GlobalData’s Payment Cards Analytics reveals that the market, however, is expected to […]
Remdesivir price curbing initiates in India make COVID-19 treatment more affordable, says GlobalData
Following the news that the Indian state of Maharashtra has fixed the price of remdesivir; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Maharashtra is the worst affected state of the COVID-19 outbreak in India. The state has reported more than 1.55 million confirmed cases and 41,196 deaths […]
APAC neurovascular thrombectomy devices market to witness 6% growth through 2025, forecasts GlobalData
The neurovascular thrombectomy devices market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of about 6% between 2020 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Neurovascular Thrombectomy Devices (Neurology Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)‘, reveals […]
Top Chinese airline companies show signs of recovery, says GlobalData
Similar to the Chinese tech stocks that are slowly on the rise despite growing allegations of breach of data privacy, the Chinese airline companies are seeing an improvement post the onset of COVID-19 pandemic, says GlobalData, a leading data and analytics company. The travel and tourism sector was one of the major sectors that suffered […]
Contactless top theme among influencer conversations in hospitality industry on Twitter amid COVID-19, reveals GlobalData
Contactless technology solutions are gaining traction in the hospitality industry, as they reduce the potential risk of contracting COVID-19 through physical touchpoints. Against this backdrop, ‘contactless’ has emerged as the top conversation theme among influencer discussions in the hospitality industry on Twitter during April-September 2020, reveals GlobalData, a leading data and analytics company. Prashant Saxena, […]
State-owned Indonesia Battery Holding to help build integrated electric vehicle industry in Indonesia, says GlobalData
Following the news that a group of state miners MIND ID and Aneka Tambang (ANTAM), state utility Perusahan Listrik Negara (PLN) and state oil company Pertamina have agreed to form a new venture — Indonesia Battery Holding; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The […]
South Korean aviation sector shows positive signs in Q2 but full recovery will take time, says GlobalData
The South Korean aviation sector, which had witnessed a sharp decline in the first quarter (Q1) due to COVID-19 pandemic, is showing signs of recovery with the country’s two major carriers Korean Air Lines (Korean Air) and Asiana Airlines reporting positive results in the second quarter (Q2) of 2020. However, a full recovery will take […]
Chinese enterprises continue to dominate GlobalData’s top 50 APAC companies by revenue in 2019-2020
China has emerged as the home to the most number of companies (24) in GlobalData’s list of top 50 Asia-Pacific (APAC) companies in terms of revenue during 2019-2020. In terms of the annual revenue too, Chinese firms accounted for the lion’s share of 55.3%, followed by Japan (30%), South Korea (6.5%), India (4%), Taiwan (3%) […]
Thailand’s position as key automotive production hub to further strengthen in next five years, says GlobalData
Automotive sector has long been a key pillar of the Thailand economy. Increasing domestic demand, attractive tax incentives by government and reduced import duties on auto parts are all set to boost investments in the sector and the country’s position as a key automotive production hub for leading automakers is set to strengthen over the […]
Deal activity in Asia-Pacific up by 3.9% in September 2020, reveals GlobalData
A total of 2,176 deals were announced in the Asia-Pacific (APAC) region during September 2020, an increase of 3.9% over the 2,094 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 above the […]
Entry of leading OEMs conducive for growth of vehicle subscription segment in India, says GlobalData
Toyota Kirloskar Motor (TKM) has recently joined hands with Myles Automotive Technologies to expand vehicle subscription business for individuals in Delhi National Capital Region (NCR), Mumbai and Bengaluru. The entry of leading OEMs will create the much-needed thrust for higher vehicle subscription service uptake in India, says GlobalData, a leading data and analytics company. Animesh […]
Huya and DouYu merger will strengthen Tencent’s control over Chinese gaming market, says GlobalData
Following the news that game streaming platforms Huya and DouYu are merging, with Tencent taking control of the combined entity; Rupantar Guha, Thematic Research Analyst at GlobalData, a leading data and analytics company, offers his view: “The merger of Huya and DouYu will enhance Tencent’s dominance in the Chinese video games streaming market. The two […]
Indonesia should see COVID-19 pandemic as opportunity to strengthen medical devices sector, says GlobalData
Lack of adequate healthcare infrastructure and dependency on other countries for medical supplies made it difficult for Indonesia to tackle the COVID-19 pandemic effectively. The country should turn the crisis into an opportunity and create strategies to strengthen its medical device sector, according to GlobalData, a leading data and analytics company. Pratibha Thammanabhatla, Medical Devices […]
COVID-19 accelerates e-commerce growth in South Korea, says GlobalData
South Korea is one of the most developed e-commerce markets globally. The ongoing COVID-19 pandemic and the subsequent lockdown and social distancing measures undertaken by government have further accelerated e-commerce sales in the country, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that the country’s e-commerce market […]
Mobile data to drive mobile services revenue in Asia-Pacific at 4.9% CAGR through 2025, forecasts GlobalData
The total mobile services revenue in the Asia-Pacific (APAC) region will increase from US$307.4bn in 2020 to US$390.9bn in 2025 at a compounded annual growth rate (CAGR) of 4.9%, supported by steady growth in mobile subscriptions and increase in aggregate mobile services average revenue per user (ARPU), according to GlobalData, a leading data and analytics […]
Nintendo sees 3X surge in Twitter conversations during April-September 2020, finds GlobalData
As the COVID-19 pandemic forced millions of people to stay indoors, they started to find new ways to keep them entertained, which led to an increase in the demand for video games. Consequently, Nintendo saw a massive 300% surge in influencer conversations on Twitter between April and September 2020, according to GlobalData, a leading data […]