Sarath.Chandra@globaldata.com

Banking

Panic buying extends to life insurance amid COVID-19 fears in Australia, finds GlobalData

‘Panic’ buying extends to life insurance products in Australia as the number of Australians concerned about COVID-19 is on the rise again. However, trust in insurance providers remains low, says GlobalData, a leading data and analytics company. Data from GlobalData’s 2020 Global Wealth Managers Survey* shows that COVID-19 is driving demand for life insurance products […]

Automotive

Sale of 2, 3-wheeler EVs sans batteries increase uptake and promote new business models, says GlobalData

Following the news that the Ministry of Road Transport and Highways India has allowed the sale and registration of electric two and three-wheelers without batteries; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “The cost of ownership, along with the availability of adequate charging infrastructure, is […]

Business Fundamentals

Despite Japan’s efforts to revive travel and tourism industry, deal activity likely to remain subdued, says GlobalData

The global travel and tourism industry is among the worst hit due to COVID-19 pandemic and deal activity in the sector is muted. Japan too is not an exception, though the country seems to be keen on reviving the industry by introducing new initiatives. However, with the resurgence of new COVID-19 cases and mixed response […]

Insurance

China’s economic recovery makes it attractive but presents challenges to foreign insurers, says GlobalData

China has emerged as the first country globally to post positive economic growth during the COVID-19 pandemic. The country is also expected to witness continued expansion of life and non-life insurance making it an attractive market for foreign insurers. However, it presents significant challenges to them, says GlobalData, a leading data and analytics company. GlobalData’s […]

Pharma

Success of indigenous COVID-19 vaccines will make access easy and affordable in India, says GlobalData

India is making rapid progress in the development of indigenous COVID-19 vaccines. With increase in the number of COVID-19 positive cases, their success will make access easy and affordable for Indians, says GlobalData, a leading data and analytics company. Bharat Biotech (in partnership with Indian Council of Medical Research (ICMR)) and Zydus Cadila are leading […]

Business Fundamentals

Japan’s plan to revisit tech goals offers opportunities for PE/VC firms, says GlobalData

Japan is renowned for technophilia. However, contrary to the general belief, Japan lags behind its Western peers. With digitization taking center stage in COVID-era, Japan is looking to close the gap. This could encourage domestic start-ups to work towards tech innovation in different fields, which in turn is expected to spur private equity (PE)/venture capital […]

Automotive

Despite decline in share, it’s not end of road for diesel engines in India, says GlobalData

Following the news that German auto maker Volkswagen plans to exit diesel vehicle segment in India; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “OEMs are certainly not finding the diesel segment in India as lucrative as before. Market leader Maruti Suzuki and other players including […]

Banking

Three-fourths of wealth managers in Australia lowering costs to compete with robo-advisors, finds GlobalData

Robo-advisor services are no longer the reserve of the retail segment, as Australia’s rich are increasingly open to digital channels and spreading their fortunes across providers. As a result, more than three-fourths (76%) of Australia’s wealth managers are feeling the pinch and lowering costs to compete with robo-advisors, says GlobalData, a leading data and analytics […]

Banking

COVID-19 accelerates shift to digital payments in Singapore, says GlobalData

The COVID-19 pandemic has accelerated Singapore’s push to digital payments, with rise in card payments and decline in cash usage, according to GlobalData, a leading data and analytics company. GlobalData estimates total card transactions (POS and ATM) in Singapore to grow marginally by 0.4% in 2020, compared to 7.8% growth in 2019. While card payments […]

Insurance

Indian motor insurance business to contract in 2020 due to COVID-19, says GlobalData

The Indian motor insurance business is expected to contract by 27.2% in 2020, a sharp decline from the 10.1% growth witnessed in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised India’s motor insurance forecast in the aftermath of the COVID-19 outbreak. As per the latest data, motor insurance business is […]

Technology

SD-WAN gaining momentum in Australia but enterprises need long-term network strategy, says GlobalData

Nearly 60% of enterprises already implemented SD-WAN in Australia As businesses accelerate the migration to the cloud, the underlying network will play an important role Software-defined Wide Area Network (SD-WAN) has taken off quicker in Australia than some other markets partly due to the migration of last-mile access to the National Broadband Network (NBN). However, […]

Automotive

Delays in future model launches may impact Kia’s plant capacity utilization targets in India, says GlobalData

Following the news that Kia Motors expects delay in new model launches in India due to COVID-19 pandemic; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Launching a vehicle every six months is one of the key strategies of the South Korean automaker. Last year, the […]

Business Fundamentals

Resurgence of COVID-19 cases forces GlobalData to revise down Japan’s GDP growth for 2020

COVID-19 cases have been increasing at a fast pace in Japan since the government started easing restrictions from the beginning of June, which may hinder the recovery of the country’s economy in the short-term. As a result, GlobalData, a leading data analytics company, has revised down the real GDP growth from -3.1% on 6 April […]

Business Fundamentals

Regulations and geopolitics top themes for Japanese companies to reduce dependence on China, finds GlobalData

Regulations, China Impact and Geopolitics were the top themes in 2020 for Japanese companies to reduce dependency on China and secure resilient supply chains, according to GlobalData, a leading data and analytics company. Since April 2020, reportedly 87 companies were to relocate production out of China. Currently, most of the companies in the subsidy list […]

Business Fundamentals

Japan–UK free trade agreement mutually beneficial, says GlobalData

With the completion of the final post-Brexit transitional period around the corner, the UK is scrambling to secure multiple trade deals before the end of 2020. The Japan–UK free trade agreement (FTA) holds significance in boosting investments and diversified supply chain mechanism for both the countries with market growth opportunities, says GlobalData, a leading data […]

Influencer

GlobalData reveals top 10 wine influencers on Twitter in Q2 2020

An analysis of GlobalData’s Wine Influencer Platform, which tracks 800 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has identified Ken Alawine, a wine consultant, as the top influencer during the second quarter (Q2) of 2020 Ken Alawine, who actively […]

Business Fundamentals

Investors likely to remain wary as Japan sees resurgence in new COVID-19 cases, says GlobalData

Japan, which once garnered positive headlines globally due to relatively lower rate of COVID-19 infections compared to other countries and seemed to have passed through the worst of the virus outbreak, is now on alert as the country is witnessing spike in new COVID-19 cases in recent weeks. This is likely to dampen investor sentiments. […]

Medical Devices

China’s ventilators market to grow at CAGR of 7.1% between 2019 and 2030, forecasts GlobalData

The ventilators market in China is expected to grow at a compound annual growth rate (CAGR) of 7.1% between 2019 and 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Ventilators (Anesthesia and Respiratory Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)’, reveals that in 2019 China holds […]

Automotive

China’s auto industry shows signs of recovery after two-year slump, says GlobalData

Following the news that China auto sales are expected to rise year-on-year 15% in July 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The COVID-19 pandemic originated from China and naturally the country’s automobile industry suffered significantly in the first few months of 2020. The […]

Business Fundamentals

Exiting China not easy for Japanese companies, says GlobalData

In the wake of the supply chain disruptions due to the ongoing COVID-19 pandemic, Japan has earmarked over US$2bn to encourage its companies under FY2020 Primary Supplementary Budget to move operations out of China and relocate production bases across a number of countries, including those of the Association of Southeast Asian Nations (ASEAN). However, completely […]

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Panic buying extends to life insurance amid COVID-19 fears in Australia, finds GlobalData

Sale of 2, 3-wheeler EVs sans batteries increase uptake and promote new business models, says GlobalData

Despite Japan’s efforts to revive travel and tourism industry, deal activity likely to remain subdued, says GlobalData

China’s economic recovery makes it attractive but presents challenges to foreign insurers, says GlobalData

Success of indigenous COVID-19 vaccines will make access easy and affordable in India, says GlobalData

Japan’s plan to revisit tech goals offers opportunities for PE/VC firms, says GlobalData

Despite decline in share, it’s not end of road for diesel engines in India, says GlobalData

Three-fourths of wealth managers in Australia lowering costs to compete with robo-advisors, finds GlobalData

COVID-19 accelerates shift to digital payments in Singapore, says GlobalData

Indian motor insurance business to contract in 2020 due to COVID-19, says GlobalData

SD-WAN gaining momentum in Australia but enterprises need long-term network strategy, says GlobalData

Delays in future model launches may impact Kia’s plant capacity utilization targets in India, says GlobalData

Resurgence of COVID-19 cases forces GlobalData to revise down Japan’s GDP growth for 2020

Regulations and geopolitics top themes for Japanese companies to reduce dependence on China, finds GlobalData

Japan–UK free trade agreement mutually beneficial, says GlobalData

GlobalData reveals top 10 wine influencers on Twitter in Q2 2020

Investors likely to remain wary as Japan sees resurgence in new COVID-19 cases, says GlobalData

China’s ventilators market to grow at CAGR of 7.1% between 2019 and 2030, forecasts GlobalData

China’s auto industry shows signs of recovery after two-year slump, says GlobalData

Exiting China not easy for Japanese companies, says GlobalData

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