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The Information & Communications Technology (ICT) market in the Philippines is set to continue to grow in 2020 driven by wider digital transformation initiatives taken by local enterprises and growing customers’ needs despite COVID-19 crisis, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Enterprise ICT Investment Trends 2020 Philippines’, reveals that […]
China tops Asia-Pacific M&A deal activity during Q2 2020, finds GlobalData
Mergers and acquisitions (M&A) deal activity in the Asia-Pacific (APAC) region remained inconsistent during second quarter (Q2) of 2020. However, China continued to top the region both in terms of volume as well as value, according to GlobalData, a leading data and analytics company. After decreasing from 505 in April to 493 in May, the […]
Despite COVID-19, enterprises in Hong Kong set to increase ICT budget on digital transformation, says GlobalData
Despite the negative impact of COVID-19, most of the enterprises in Hong Kong are expected to increase their share of ICT spending on digital transformation in 2020, according to the latest ICT decision makers’ survey* by GlobalData, a leading data and analytics company. GlobalData’s ‘Hong Kong Enterprise ICT Investment Trends 2020’ reveals that the enterprises […]
Series of investments in Reliance led to 300% surge in Twitter conversations in last 120 days, says GlobalData
At a time when several companies are facing the heat of COVID-19 pandemic, India-based Reliance Industries Limited (RIL) was able to attract some of the global investors to raise over US$20.6bn by selling 33% stake in ‘Jio Platforms’. This had led to a rapid conversation spike on Twitter with 300% increase during 15 March–15 July […]
Communication vertical to be silver lining despite decline in overall ICT spending in Singapore, says GlobalData
Even as Singapore’s ICT spending is expected to decline as opposed to the growth expected before the COVID-19 outbreak, communications sector will be the silver lining with an increase of 6.0% in ICT spending, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts model reveals that the COVID-19 outbreak […]
With world’s most affordable COVID-19 test kit launch, India to focus on medical devices exports, says GlobalData
Following the news that the Indian Institute of Technology (IIT) Delhi has launched a low-cost COVID-19 diagnostic kit under the name Corosure; Rohit Anand, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “The demand for COVID-19 care medical devices has increased significantly with the number of new cases growing […]
GlobalData forecasts light vehicles sales in India to decline by 32.6% in 2020
Following the news that the auto industry in India declined by 75% year-on-year in the first quarter of FY 2020-2021; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “The Indian automotive industry has been hit hard by the COVID-19 pandemic. Zero sales in April, limited resumption […]
India’s move to ease lockdown restrictions drives card payments, says GlobalData
Card payments in India are gradually recovering on the backdrop of increase in consumer spending as the country has now entered unlock phase, says GlobalData, a leading data and analytics company. According to GlobalData revised forecasts, the value of card payments in India is estimated to grow by 8.4% in 2020. The value is expected […]
ICT spending in South Korea to drop by 5.4% in 2020, owing to COVID-19 pandemic, says GlobalData
With the COVID-19 pandemic having engulfed almost the entire globe, South Korea too is estimated to witness a 5.4% decline in the overall ICT spending in 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that ICT spending in South Korea is estimated to register […]
Hematology testing can be potential diagnostic biomarker in predicting severity of COVID-19 in India, says GlobalData
With the rapid increase in the number of COVID-19 cases across India, identifying the critically ill COVID-19 patients in the early stage of infection can help in assessing the risk stratification and clinical management. Critically ill patients will show a progressive decrease in peripheral blood lymphocytes and this could be a predictive marker in identifying […]
GlobalData reveals top trending themes among influencer discussions on cards and payments in Q2 2020
There was a 60% quarter-over-quarter (QoQ) surge in influencer discussions on Cards and Payments during the first half (H1) of 2020 as social distancing and lockdown measures due to COVID-19 pandemic has accelerated the use of digital financial services and contactless payments, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s […]
Mobility, cloud technologies present opportunities for vendors in Indonesia’s ICT market in 2020, says GlobalData
At a time when Indonesia’s ICT spending for 2020 is expected to decline by 7.1% as opposed to the 7.5% growth expected before the COVID-19 outbreak, mobility and cloud technologies are set to present opportunities for vendors, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that […]
Malaysia’s mobile services revenue to stagnate over next four years courtesy COVID-19, forecasts GlobalData
The mobile services revenue in Malaysia is poised to grow at a sluggish compound annual growth rate (CAGR) of 0.1% during 2019-2024, from US$5.1bn in 2019 to US$5.4bn in 2024, after registering a major drop in the market revenues in 2020 due to the COVID-19 outbreak, according to GlobalData, a leading data and analytics company. […]
Developing disposable components for flexible video colonoscopes important in light of COVID-19 pandemic, says GlobalData
Flexible video colonoscopes have replaced non-video colonoscopes to a large extent in India. Currently, manufacturers are focused on developing disposable components for flexible video colonoscopes to prevent cross-contamination. This is important in light of the current COVID-19 pandemic where infection control is paramount, says GlobalData, a leading data and analytics company. According to GlobalData’s Medical […]
Malaysia’s fixed communications services market revenue set to increase at 3.9% CAGR over 2019-2024, forecasts GlobalData
Following a marginal decrease in 2020 mainly as a knee-jerk reaction to the COVID-19 crisis, the total fixed communications services revenue in Malaysia is forecast to grow at a compounded annual growth rate (CAGR) of 3.9% from US$2.2bn in 2019 to US$2.6bn in 2024, driven by growing revenues from the fixed broadband services segment, according […]
Fixed communications services revenue in Australia to witness growth over next four years despite COVID-19 impact, forecasts GlobalData
The total fixed communications services revenue in Australia is expected to increase at a compounded annual growth rate (CAGR) of 1.3% from US$9.5bn in 2019 to US$10.1bn in 2024, driven by the growth in revenues from the fixed broadband segment, according to GlobalData, a leading data and analytics company. GlobalData’s Australia Telecom Operators Country Intelligence […]
Davis Polk & Wardwell and AZB & Partners top legal advisers in Asia-Pacific during H1 2020, reveals GlobalData
Davis Polk & Wardwell and AZB & Partners have topped the mergers and acquisitions (M&A) legal advisers league table in the Asia-Pacific (APAC) region during the first half (H1) of 2020, based on deal value and volume, respectively, according to GlobalData, a leading data and analytics company. Davis Polk & Wardwell advised on 20 deals […]
Digital sales offer long-term opportunity to automotive aftermarket in Indonesia, says GlobalData
Following the news that auto part suppliers in Indonesia are turning to online platforms to weather the COVID-19 crisis; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “Indonesia currently leads Southeast Asia in terms of the number COVID-19 cases and the country continues to practise large-scale […]
Walt Disney sees 3X surge in influencer conversations on Twitter over last four months, finds GlobalData
COVID-19 forced several companies to temporarily shut down, and ‘The Walt Disney’ was among them to shut down the gates of Disney theme parks across the world for the safety and well-being of guests and employees. A similar trend was noticed on Twitter, where influencer conversations on ‘The Walt Disney’ spiked more than 300% during […]
Morgan Stanley and EY top financial advisers in Asia-Pacific during H1 2020, finds GlobalData
Morgan Stanley and Ernst & Young (EY) have emerged as the top mergers and acquisitions (M&A) financial advisers in the Asia-Pacific region during the first half (H1) of 2020, based on deal value and volume, respectively, according to GlobalData, a leading data and analytics company. Morgan Stanley advised on 24 deals worth US$25.3bn, which was […]