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GlobalData’s Spirits Influencer Platform, which tracks more than 700 leading global industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has identified Steve Rush, spirits writer with specialisation in whisky, as the top influencer during the first quarter (Q1) of 2020. Spirits […]
Disruption to New Zealand’s key tourism and hospitality sectors hits payments industry, says GlobalData
Fears surrounding the impact of coronavirus (Covid-19) have already significantly impacted the global economy. A similar trend is expected in New Zealand’s tourism industry, which is the country’s biggest revenue contributor, due to overall decline in consumer spending. As a result, it will have a significant impact on the country’s payments industry, says GlobalData, a […]
Dapnat launch to boost Natco’s presence in India’s diabetes market but concerted efforts required, says GlobalData
India-based Natco Pharma has recently launched a generic version of AstraZeneca’s patented anti-diabetes drug Forxiga (dapagliflozin). Natco’s sodium glucose co-transporter-2 (SGLT2) inhibitor, Dapnat, is indicated for the treatment of type 2 diabetes (T2D), and is expected to boost the company’s overall presence within the Indian diabetes market, says GlobalData, a leading data and analytics company. […]
Vaping top discussed trend among tobacco alternatives on Twitter in Q1 2020, finds GlobalData
Vaping has emerged as the most discussed trend, generating 48% of all Twitter conversations related to tobacco alternatives by leading industry experts during the first quarter (Q1) of 2020, tracked by GlobalData, a leading data and analytics company. An analysis of Tobacco Alternatives Influencer Platform, which tracks leading industry experts and their discussions around emerging […]
China retail savings and investments market set for worst year since 2008 financial crash, says GlobalData
China’s retail savings and investments market is set for the worst year since 2008 financial crash due to the domestic disruption and impact on trade partners as the coronavirus (Covid-19) pandemic has gone global, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Covid-19 Sector Impact: Retail Savings & Investments – China’forecasts […]
Premature allowance of social movement may create negative long-term impact for China’s tourism, says GlobalData
As life slowly returns to normal in China, travel companies operating in the nation need to be careful of encouraging mass tourism at this early stage, says GlobalData, a leading data and analytics company. Rheanna Norris, Associate Analyst at GlobalData, comments: “Domestic travel is experiencing a rise and tourist hotspots reached capacity during the recent […]
Personal protective equipment shortage to drive adoption of robots to treat Covid-19 patients in India, says GlobalData
Healthcare professionals are one of the most vulnerable groups exposed to infections. Rising number of coronavirus (Covid-19) cases and severe shortage of personal protective equipment (PPE) products across India are putting them at more risk. Against this backdrop, the adoption of robots to manage and treat Covid-19 patients is eventually expected to grow in the […]
Despite Covid-19 outbreak, edge computing to drive next wave of innovation in Asia-Pacific, says GlobalData
Edge computing is poised to garner a lot of interest in Asia-Pacific, as emphasis on improving networking technologies for remote working grows amidst the current coronavirus (Covid-19) pandemic. The market for edge computing in APAC is estimated to grow at a compound annual growth rate (CAGR) of 21% between 2019 and 2024 to reach US$ […]
Gilead’s suspension of Covid-19 trials in China should serve as bellwether for studies in other countries, says GlobalData
Following the news that China trials of Gilead Sciences Inc’s antiviral drug remdesivir in patients with mild symptoms of coronavirus (Covid-19) have been suspended due to lack of eligible patients; Michael Breen PhD, Associate Director of Infectious Diseases at GlobalData, a leading data and analytics company, provides his view: “As the Covid-19 outbreak becomes controlled, […]
Australian reliance on tourism industry will significantly slow transactions growth, says GlobalData
The total transaction value in Australia has been revised down to a compound annual growth rate (CAGR) of 2.4% between 2019-23 as consumer spending is forecast to decline due to the coronavirus (Covid-19) pandemic, according to GlobalData, a leading data and analytics company. GlobalData’s Covid-19 Sector Impact: Payments Snapshot – Australia report forecasts the value […]
Service sector collapse set to hit South Korea’s insurance sector, says GlobalData
South Korea has implemented one of the most effective responses to the coronavirus (Covid-19), but even it cannot avoid an economic downturn, which has seen GlobalData, a leading data and analytics company, to revise its forecast down. The total estimated size of South Korea’s insurance market in 2023 has been revised down by 4.3%. GlobalData […]
Green tea most popular tea type on Twitter during Q1 2020, says GlobalData
Tea is one of the highly mentioned trends, holding 14% share of the overall conversations related to non-alcoholic beverages among the leading industry experts on Twitter during the first quarter (Q1) of 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Non-Alcoholic Experts Influencer Platform, which tracks leading industry influencers […]
Digital transformation crucial to enterprises for operational resilience amid Covid-19, says GlobalData
The coronavirus (Covid-19) pandemic continues to have political and economic turmoil all over the world, affecting business and consumer activities. Against this backdrop, digital transformation has become crucial to enterprises for operational resilience. While digitally active companies have been able to play to their strengths, others are increasingly considering digitalization as a choice better now […]
China’s Covid-19 management and citizen surveillance may deter foreign investment, says GlobalData
Following the news that China has rolled out software surveillance to monitor quarantined people and track the spread of the coronavirus (Covid-19); Stuart Ravens, Chief Analyst at GlobalData, a leading data and analytics company, offers his views on the increasing complexity of doing business in China post-Covid-19: “In the aftermath of Covid-19, most companies’ main […]
China as tourist destination will take long time to bounce back from Covid-19 as brand image must be restored, says GlobalData
Pre Covid-19, China was predicted a steady CAGR of 2% between 2016 and 2020 reaching 63.9 million international arrivals, according to GlobalData, a leading data and analytics company. The outbreak originated in China and quickly spread globally. The effects of this severely impacted China as a tourism destination as well as Chinese travelers. China-outbound tourism […]
Digital offerings to be key revenue growth driver for leading IT vendors in Asia-Pacific, says GlobalData
The coronavirus (Covid-19) outbreak has underscored the importance of digital adoption amongst enterprises, reigniting concerns regarding business continuity, data security, collaboration and seamless customer experience. Against this backdrop, the demand for digital transformation presents IT vendors in Asia-Pacific with a substantial revenue growth opportunity in the medium to long-term, says GlobalData, a leading data and […]
Indian IT services vendors proved their ability around business continuity planning amid Covid-19 outbreak, says GlobalData
Despite the several challenges presented by the coronavirus (Covid-19) outbreak, the Indian IT services vendors have ably demonstrated their ability around business continuity planning, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s IT Contracts Database, which tracks the publicly announced IT contracts, reveals the extent of challenges that the industry is […]
Sustainability must be part of India’s Covid-19 recovery strategy, says GlobalData
Several companies across India are taking aggressive measures to cut down costs and protect their bottom lines in the wake of coronavirus (Covid-19) pandemic. However, if companies forget their social obligations there could be a significant backlash, because unlike other downturns, Covid-19 is predominantly a human tragedy, says GlobalData, a leading data and analytics company. […]
Machine vision key for Industry 4.0 growth in Asia-Pacific, says GlobalData
The outbreak of coronavirus (Covid-19) could prove to be an important catalyst in the adoption of Industry 4.0 initiatives and machine vision in the Asia-Pacific region, as manufacturers strive to resume production. With Asia being the world’s hub of manufacturing, machine vision will see a strong growth in the region over the next five years, […]
Japan to lose around US$6bn amidst financial crisis impacting Asian sports market, says GlobalData’s Sportcal
A sum of around US$30bn has already reportedly been spent on preparing to host the Olympics. Current estimates place the potential losses for Japan as a whole somewhere around US$6bn, following its postponement in the wake of coronavirus (covid-19) outbreak, says Sportcal, a company of GlobalData, a leading data and analytics company. Contributing to this […]