Sarath.Chandra@globaldata.com

Disruptor

Race for quantum supremacy gathers momentum with several companies joining bandwagon, says GlobalData

Quantum computers are a step closer to reality to solve certain real life problems that are beyond the capability of conventional computers. However, the biggest challenge is that these machines should be able to manipulate several dozens of quantum bits or qubits to achieve impressive computational performance. As a result, a handful of companies have […]

Technology

India’s pay-TV market to grow at sluggish 0.7% CAGR over 2020-2025 due to user substitution to OTT platforms, forecasts GlobalData

The total pay-TV services revenue in India is expected to grow at a lethargic compound annual growth rate (CAGR) of 0.7% from US$3.19bn in 2020 to US$3.30bn in 2025 due to growing user substitution to OTT platforms, according to GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence Report reveals that […]

Medical Devices

TachoSil acquisition gives Corza Health significant foothold in tissue sealants market, says GlobalData

Takeda Pharmaceutical has recently agreed to sell TachoSil Fibrin Sealant Patch to California-based Corza Health for EUR350m (US$413m). The acquisition will provide Corza Health a significant foothold in the growing tissue sealants market, says GlobalData, a leading data and analytics company. TachoSil divestiture is in line with Takeda’s goal of exiting non-core businesses, lowering debt […]

Influencer

Ad-boycott campaigns, policies emerged as top trends on Twitter in GlobalData Facebook Influencer Platform during June-August 2020

Social media giant Facebook is rolling out new policies in the wake of rising controversies around political ads, hate speech and weaponized information on its platform. Against this backdrop, Campaigns (Advertising-boycott campaigns) and Policies emerged as the most discussed trends on Twitter during June-August 2020, finds GlobalData, a leading data and analytics company. An analysis […]

Technology

India’s mobile subscription penetration to cross 100% in 2023 driven by growing smartphone adoption, forecasts GlobalData

Mobile subscription penetration in India is set to cross 100% mark in 2023 from 88.3% in 2020, driven by growing smartphone adoption and increasing coverage of 4G- long-term evolution (LTE) services across remote areas, according to GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence Report reveals that the impact of […]

Automotive

Urban Cruiser launch by Toyota set to heat up competition in sub-compact SUV segment in India, says GlobalData

The launch of Urban Cruiser will mark Toyota’s entry into the sub-compact SUV segment in India. The launch is set to heat up the competition in the segment with customers getting more buying options, says GlobalData, a leading data and analytics company. So far, the most successful models of Toyota Kirloskar Motors have been flagship […]

Technology

Storage revenue in India to reach US$4.5bn in 2024 due to COVID-19 pandemic, says GlobalData

The recent COVID-19 outbreak is likely to impact the storage revenue growth across the entire Asia-Pacific (APAC) region, including China, Japan and India. The storage market in India is estimated to grow at a compound annual growth rate (CAGR) of 4% from 2019 to 2024 as against the 11.6% estimated before the pandemic outbreak to […]

Technology

China will dominate APAC cloud computing market revenue over next five years, forecasts GlobalData

China will continue to dominate the Asia-Pacific (APAC) cloud computing market during the period 2019-2024 with one-third revenue market share, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, the cloud computing market revenue in China is estimated to grow at a compound annual growth rate (CAGR) of 7.2% […]

Business Fundamentals

Japan’s designated start-up city hubs will drive innovation and create employment opportunities, says GlobalData

Japan, once a global technology leader, is losing race to its peers in producing tech unicorns due to lack of conducive start-up ecosystem. Realizing it, in July 2020, the country announced plans to establish four start-up ecosystem base cities in and around Tokyo (Tokyo Consortium), Aichi (Central Japan Start-up Ecosystem Consortium), Kansai (Osaka/Kyoto/Hyogo Kobe Consortium) […]

Insurance

China’s general insurance industry growth to slow down in 2020 due to COVID-19, says GlobalData

The China’s general insurance industry is forecast to grow by 3.8% in 2020, compared to 5.7% registered in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised China’s general insurance forecast in the aftermath of COVID-19 outbreak. As per the latest data, China’s general insurance industry is forecast to grow at […]

Banking

COVID-19 pandemic reshaping e-commerce payments in Australia, says GlobalData

Australia’s e-commerce market has been on a growth curve during the past few years and the recent COVID-19 outbreak has further accelerated this trend. The country’s e-commerce market is forecast to grow at a compound annual growth rate (CAGR) of 12.3% between 2016 and 2020 to reach A$52.2bn in 2020, according to GlobalData, a leading […]

Disruptor

Contactless technologies gaining traction in travel and tourism industry, says GlobalData

The COVID-19 pandemic has brought the travel and tourism industry to a near standstill with prolonged lockdowns. Now that government authorities across several countries have relaxed air travel restrictions, airports and hotels are trying to re-build confidence in travelers. Against the backdrop, contactless technologies are proving to be a game changer for the industry, says […]

Automotive

Kia’s plan to expand electric vehicle line-up will help to tap opportunities in advanced markets, says GlobalData

Following the news that South Korean automaker Kia Motors has revealed sketches of seven battery electric vehicles (BEVs) to be launched by 2027; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “Kia’s plans to launch new BEVs over a span of next seven years is aligned […]

Aerospace, Defense & Security

South Korea supports defense import substitution to tackle financial ramifications of COVID-19, says GlobalData

Following the news that South Korea has signed a memorandum of understanding (MoU) to boost defense import substitution; Madeline Wild, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Throughout the COVID-19 pandemic South Korea has remained committed to using the defense industry to stimulate the […]

Pharma

Dr Reddy’s consolidates COVID-19 portfolio with Sputnik V vaccine deal in India, says GlobalData

Following the news that India-based Dr. Reddy’s Laboratories (Dr Reddy’s) has partnered with the Russian Direct Investment Fund (RDIF) to distribute the COVID-19 vaccine Sputnik V in India; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “This is the third deal by Dr Reddy’s for its COVID-19 portfolio […]

Technology

Network-attached storage revenue in Asia-Pacific to reach US$8.9bn in 2024, says GlobalData

Network-attached storage (NAS) has emerged as a viable alternative to the traditional storage mechanism in the Asia-Pacific (APAC) region by offering enterprises with an easy and cost-effective option for storing and handling high data volumes. As a result, network-attached storage revenue in the region is estimated to grow at a compound annual growth rate (CAGR) […]

Technology

Enterprise storage market in APAC to reach US$55.6bn in 2024, says GlobalData

The COVID-19 pandemic has affected most of the industries in the Asia-Pacific (APAC) region, with the storage market being no exception. The overall APAC storage market revenue is now expected to grow at a compound annual growth rate (CAGR) of 5.5% during 2019-2024, compared to the previous forecast of 14.6% before the COVID-19 outbreak, to […]

Insurance

Insurance lines in UK need to adapt as remote working is here to stay, says GlobalData

More than two thirds of small and mid-size enterprises (SMEs) in the UK expect that remote-working levels will be higher than before the COVID-19 period, which will have lasting consequences on the insurance industry. As a result, insurers need to adapt to changing times as remote working is here to say, according to GlobalData, a […]

Medical Devices

Global orthopedics market to contract by over 20% in 2020 due to COVID-19, says GlobalData

Following reports that elective surgeries being deferred or cancelled during the COVID-19 pandemic, the orthopedic devices market has been highly affected. Against this backdrop, the global orthopedic procedures are set to decrease by over 20% over the course of this whole year, according to GlobalData, a leading data and analytics company. Tina Deng, MSc, Principal […]

Technology

Safety features will drive kids smartwatches adoption in Asia-Pacific, says GlobalData

Kids smartwatches is an emerging sub-segment of wearable technology in Asia-Pacific (APAC). Concerns regarding the safety of children in the wake of COVID-19 pandemic is the prime area of interest for the parents, especially the dual-career couples, and is expected to further drive the adoption of kids’ smartwatches in the region, says GlobalData, a leading […]

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Race for quantum supremacy gathers momentum with several companies joining bandwagon, says GlobalData

India’s pay-TV market to grow at sluggish 0.7% CAGR over 2020-2025 due to user substitution to OTT platforms, forecasts GlobalData

TachoSil acquisition gives Corza Health significant foothold in tissue sealants market, says GlobalData

Ad-boycott campaigns, policies emerged as top trends on Twitter in GlobalData Facebook Influencer Platform during June-August 2020

India’s mobile subscription penetration to cross 100% in 2023 driven by growing smartphone adoption, forecasts GlobalData

Urban Cruiser launch by Toyota set to heat up competition in sub-compact SUV segment in India, says GlobalData

Storage revenue in India to reach US$4.5bn in 2024 due to COVID-19 pandemic, says GlobalData

Japan’s designated start-up city hubs will drive innovation and create employment opportunities, says GlobalData

China’s general insurance industry growth to slow down in 2020 due to COVID-19, says GlobalData

COVID-19 pandemic reshaping e-commerce payments in Australia, says GlobalData

Contactless technologies gaining traction in travel and tourism industry, says GlobalData

Kia’s plan to expand electric vehicle line-up will help to tap opportunities in advanced markets, says GlobalData

South Korea supports defense import substitution to tackle financial ramifications of COVID-19, says GlobalData

Dr Reddy’s consolidates COVID-19 portfolio with Sputnik V vaccine deal in India, says GlobalData

Insurance lines in UK need to adapt as remote working is here to stay, says GlobalData

Global orthopedics market to contract by over 20% in 2020 due to COVID-19, says GlobalData

Safety features will drive kids smartwatches adoption in Asia-Pacific, says GlobalData

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