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Sarath.Chandra@globaldata.com

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Payment industry in Asia remains attractive for venture capital investors amid COVID-19, finds GlobalData

Consumers across the globe are embracing digital payments more than ever during the COVID-19 pandemic. Against this backdrop, payment industry in the Asia-Pacific (APAC) region remains attractive for venture financing (VF), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Smart Money Investing in the Financial Services Industry Q1 2020’, reveals that […]
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Generic remdesivir may put pricing pressure on Indian pharma companies, says GlobalData

Following the news that the Indian state of Maharashtra is planning to procure Gilead Sciences’ antiviral drug remdesivir from Bangladesh-based pharmaceutical giant Eskayef Pharmaceuticals; Anupama Mishra, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Maharashtra is the worst affected state of the COVID-19 outbreak in India. The state has reported […]
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COVID-19 will further drive robotic process automation uptake amongst enterprises in APAC, says GlobalData

Amidst the growing concerns due to the COVID-19 pandemic, enterprises are compelled to operate with limited staff, provide undisrupted services to their clients and maintain current business operations as in a normal scenario. Against this backdrop, the adoption of robotic process automation (RPA) amongst enterprises in the Asia-Pacific (APAC) region is estimated to grow further, […]
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Sapien 3 approval in China fuels growth for Edwards Lifesciences amid COVID-19 pandemic, says GlobalData

Following the news that Edwards Lifesciences has received Chinese regulatory approval for its SAPIEN 3 transcatheter heart valve for the treatment of patients suffering from severe, symptomatic aortic stenosis (AS) at high risk for or unable to undergo open-heart surgery; Ashley Young, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her […]
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APAC set to emerge as epicenter for artificial intelligence growth, says GlobalData

Supportive government framework and policies are expected to enable the Asia-Pacific (APAC) region to emerge as the global epicenter for the growth of artificial intelligence (AI), says GlobalData, a leading data and analytics company. Several countries across the region are focusing on leveraging AI, enhancing productivity and competitiveness. Though the key objectives of different government […]
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China to lead global automotive market recovery, says GlobalData

Following the news that major OEMs in China witnessed strong year-on-year growth in vehicle sales volume in May 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “China automotive market was the first to be hit by COVID-19 pandemic. As per China Association of Automobile Manufacturers […]
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Cloud-based offerings outshine traditional products amid current COVID-19 scenario in APAC, says GlobalData

The COVID-19 pandemic has accelerated the demand for digital technologies to ensure resilient enterprise business operations. Subsequently, a surge in demand across the Asia-Pacific (APAC) region has resulted in cloud-based offerings outshining traditional products, says GlobalData, a leading data and analytics company. Anshuma Singh, Technology Analyst at GlobalData, comments: “Key verticals like banking and financial, […]
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Use of real-world data for medical device approval significantly reduces time to market in China, says GlobalData

The National Medical Products Administration (NMPA) of China has recently expanded the list of medical devices exempted from providing locally generated clinical trial data and allowed the use of real-world data for medical device registration. These steps will encourage foreign medical device manufacturers to access the Chinese market as the new process will reduce registration […]
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Big tech companies bet on digital platforms to successfully steer through COVID-19 crisis, says GlobalData

Despite the COVID-19 crisis, tech giants Facebook, Apple, Microsoft, Google and Amazon (FAMGA) have reported revenue growth in the first quarter (Q1) of 2020 even while small and medium enterprises struggled to navigate through the difficult times. Given that consumers would continue to spend more time online during the pandemic-induced lockdown in some form through […]
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