Sarath.Chandra@globaldata.com

Banking

South Korea to see rise in card payments amid COVID-19 pandemic, says GlobalData

Electronic payments, in particular card payments, have been on a sustained growth curve for the last few years in South Korea, which is among the few countries globally that have been successful in combating the COVID-19 outbreak. With the government now easing lockdown restrictions, a rise in consumer and commercial spending is expected to further […]

Technology

Enterprise ICT budget in Australia to decline in 2020 due to COVID-19, says GlobalData

Majority of the enterprises in Australia are expected to see their proposed ICT budgets for the year 2020 decline following the COVID-19 outbreak, according to the latest enterprise ICT decision makers’ survey* from GlobalData, a leading data and analytics company. GlobalData’s Enterprise ICT Investment Trends in Australia 2020 Report reveals that about 33.3% of the […]

Business Fundamentals

Deal activity in Asia-Pacific up by 11.1% during week ended 21 June, says GlobalData

A total of 349 deals were announced in the Asia-Pacific (APAC) region during the week ended 21 June 2020, which is an increase of 11.1% over 314 deals announced during the previous week, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the deal volume during […]

Technology

Indonesia’s fixed communications services market revenue to grow at 12.6% CAGR over 2019-2024, forecasts GlobalData

The total fixed communications service revenue in Indonesia is forecast to increase at a compounded annual growth rate (CAGR) of 12.6% from US$2.7bn in 2019 to US$4.9bn in 2024, driven by the strong growth in fixed broadband service subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Telecom Operators Country Intelligence Report […]

Pharma

BeiGene’s commercialization experience will help it devise effective launch strategy for Brukinsa, says GlobalData

BeiGene has recently received approval for its second-generation Bruton’s tyrosine kinase (BTK) inhibitor Brukinsa (zanubrutinib) from the China National Medical Products Administration (NMPA). The China-based biotech firm’s experience of commercializing partner Celgene’s (now Bristol Myers Squibb) drugs will help in devising effective launch strategy for Brukinsa, says GlobalData, a leading data analytics and research company. […]

Business Fundamentals

Cloud services and online-offline store integration lead Alibaba’s sentiment recovery in Q1 2020, says GlobalData

Growing cloud services demand and rapid offline merchant onboarding have pushed Alibaba Group Holding Limited’s (Alibaba) sentiment growth up by over 14% in the first quarter (Q1) ended 31 March 2020 as compared to the fourth quarter (Q4) of 2019, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Filing Analytics database […]

Disruptor

AI-powered predictive maintenance game-changer for enterprises in costs savings, says GlobalData

Predictive maintenance systems powered by artificial intelligence (AI) technologies are helping enterprises to find patterns that can avoid machine failures more effectively. These systems, unlike the traditional business intelligence systems, can handle huge volumes of industrial internet of things (IIoT) data to maximize the economic benefits to enterprises, says GlobalData, a leading data analytics company. […]

Medical Devices

Hospital supplies market in India to witness significant growth over next few quarters, says GlobalData

Easing of lockdown measures, re-opening of outpatient services and gradual increase in the number of surgical procedures performed along with treatment of COVID-19 patients in private healthcare facilities are expected to drive the demand for hospital supplies in the coming quarters in India, says GlobalData, a leading data and analytics company. According to GlobalData’s Medical […]

Automotive

Financial aid to auto parts suppliers in South Korea key for healthy supply chain and timely recovery, says GlobalData

Following the news that South Korea will provide US$830m from state fund to support auto parts suppliers; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Auto components is the third industry to receive support from state funds after shipping and the airline industry. Companies with minimum […]

Disruptor

E-commerce and contactless payments will see unprecedented push post-COVID-19, says GlobalData

The COVID-19 pandemic has brought a paradigm shift in the payments industry. While cash payments became a thing of the past due to cash being considered as a potential carrier of the virus, various types of e-commerce and contactless payments gained traction in the wake of lockdown imposed across several countries. The trend will continue […]

Medical Devices

COVID-19 to drive ventilators market in South Korea to US$50m by 2030, forecasts GlobalData

Growing demand for ventilators to treat COVID-19 cases is set to drive South Korea’s ventilators market, which is expected to grow at a compound annual growth rate of 8.9% to reach US$50m by 2030, according to GlobalData, a leading data and analytics company. South Korea reported its first COVID-19 case in January 2020 and a […]

Business Fundamentals

Deal activity in Asia-Pacific nosedives 18% during week ended 14 June, finds GlobalData

A total of 314 deals were announced in the Asia-Pacific (APAC) region during the week ended 14 June 2020, which is a decrease of 18% over the 383 deals announced during the previous week, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the deal volume […]

Pharma

Serum Institute of India will play pivotal role in development of COVID-19 vaccines, says GlobalData

Serum Institute of India (SII) is the world’s largest vaccine producer in terms of volume. SII is currently working on three candidates for COVID-19, including the testing of its recombinant-BCG vaccine in Phase 3 clinical trials at several locations across India. With these, SII continues to play a pivotal role in the development and commercialization […]

Banking

Australia will see rise in card payments with gradual easing of lockdown restrictions, says GlobalData

Australia is among the few countries globally that has been successful in combating the COVID-19 outbreak so far. With the government now easing lockdown restrictions, a rise in consumer and commercial spending is expected, which in turn will drive card payments, according to GlobalData, a leading data and analytics company. According to GlobalData revised forecasts, […]

Aerospace, Defense & Security

Taiwan accelerates military modernization amid rising tension with China, says GlobalData

In response to the increasing military tensions from mainland China, Taiwan plans to raise its defense spending to US$12.4bn to modernize the capabilities of its armed forces by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The Taiwanese Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025’, reveals that […]

Insurance

Life insurance business in Japan expected to contract in 2020 due to COVID-19, says GlobalData

The life insurance industry in Japan is expected to contract by 1% in 2020, as compared to 2% growth registered in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised Japan’s insurance forecast in the aftermath of the global Coronavirus (COVID-19) outbreak. As per the latest data, the Japanese life insurance […]

Insurance

General insurance business in India facing stagnancy in 2020 due to COVID-19, forecasts GlobalData

India’s general insurance industry is set to grow by 4.0% in 2020, compared to the 10% in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised India’s insurance forecast in the aftermath of the global COVID-19 outbreak. As per the latest data, India’s general insurance market is forecasted to grow at […]

Retail

Grocery retail saw 4X surge in influencer conversations on Twitter over last 90 days, finds GlobalData

Retailers are seeing a surge in grocery shopping as consumers stock up on food and other essentials because of the COVID-19 outbreak. A similar trend is observed on GlobalData’s Grocery Retail Influencer Platform, where grocery retail related conversations spiked 4X times during March-May 2020 on Twitter in comparison to the previous 90 days, according to […]

Automotive

Honda’s Hynex Mobility venture with Neusoft in China will boost advancement in connected car technology, says GlobalData

Following the news that Honda Motor (China) Investment, a wholly-owned Honda subsidiary in China, and Neusoft Reach Automotive Technology (Shanghai) have established a new joint venture company Hynex Mobility Service in Dalian, northeastern Liaoning Province, to accelerate future mobility services in the world’s largest automotive market; Animesh Kumar, Director of Automotive Consulting at GlobalData, a […]

Oil & Gas

China to lead global LNG regasification capacity additions from new-build projects with 25% share by 2024, says GlobalData

China is expected to lead with 25% capacity share in the global liquefied natural gas (LNG) regasification industry from new-build (planned and announced) projects between 2020 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s report ‘Global LNG Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating […]

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South Korea to see rise in card payments amid COVID-19 pandemic, says GlobalData

Enterprise ICT budget in Australia to decline in 2020 due to COVID-19, says GlobalData

Deal activity in Asia-Pacific up by 11.1% during week ended 21 June, says GlobalData

Indonesia’s fixed communications services market revenue to grow at 12.6% CAGR over 2019-2024, forecasts GlobalData

BeiGene’s commercialization experience will help it devise effective launch strategy for Brukinsa, says GlobalData

AI-powered predictive maintenance game-changer for enterprises in costs savings, says GlobalData

Hospital supplies market in India to witness significant growth over next few quarters, says GlobalData

Financial aid to auto parts suppliers in South Korea key for healthy supply chain and timely recovery, says GlobalData

E-commerce and contactless payments will see unprecedented push post-COVID-19, says GlobalData

COVID-19 to drive ventilators market in South Korea to US$50m by 2030, forecasts GlobalData

Deal activity in Asia-Pacific nosedives 18% during week ended 14 June, finds GlobalData

Serum Institute of India will play pivotal role in development of COVID-19 vaccines, says GlobalData

Australia will see rise in card payments with gradual easing of lockdown restrictions, says GlobalData

Taiwan accelerates military modernization amid rising tension with China, says GlobalData

Life insurance business in Japan expected to contract in 2020 due to COVID-19, says GlobalData

General insurance business in India facing stagnancy in 2020 due to COVID-19, forecasts GlobalData

Grocery retail saw 4X surge in influencer conversations on Twitter over last 90 days, finds GlobalData

Honda’s Hynex Mobility venture with Neusoft in China will boost advancement in connected car technology, says GlobalData

China to lead global LNG regasification capacity additions from new-build projects with 25% share by 2024, says GlobalData

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