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Digital economy, which is empowering tech-savvy enterprises to leapfrog their traditional businesses in search of new growth opportunities, is orchestrating new business models across boundaries around the hyper-demanding consumers, says GlobalData, a leading data and analytics company. Kiran Raj, Principal Disruptive Tech Analyst at GlobalData, comments: “Enterprise digital leaders, far more radical than merely investing […]
China opens up US$16.5 trillion card payments market for foreign operators, says GlobalData
The Chinese Government is gradually opening up its card payments market for international operators with Mastercard being the latest entrant. China is the world’s largest card payments market, in terms of payment value, accounting for US$16.5 trillion in 2019 – much higher than developed markets such as the US (US$7.2 trillion) and the UK (US$1.1 […]
Singapore M2M/IoT revenue expected to grow at CAGR of 14.78%, forecasts GlobalData
Revenue from machine-to-machine (M2M)/Internet of Things (IoT) in Singapore is set to grow at a compound annual growth rate (CAGR) of 14.78% between 2019 and 2024, according to GlobalData, a leading data and analytics company. The M2M/IoT penetration of the population is expected to grow from 15.10% in 2019 to 16.84% by the end of […]
Zydus and CMS partnership provides momentous boost to commercialization strategy for desidustat in China, says GlobalData
India-based Zydus Cadila’s licensing agreement with China Medical System (CMS) Holdings Limited in January 2020 for the development and commercialization of desidustat will provide a momentous boost to the overall commercialization strategy for the anemia drug, says GlobalData, a leading data and analytics company. Desidustat, an oral hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF-PHI), is indicated […]
Nuclear imaging equipment market in APAC to grow at CAGR of 8.9% between 2019 and 2028, says GlobalData
The nuclear imaging equipment market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 8.9% from US$0.7bn in 2019 to US$1.5bn by 2028, according to GlobalData, a leading data and analytics company. China will be by far the fastest growing country in the region growing at a […]
GlobalData reveals top 10 macroeconomic influencers on Twitter in Q4 2019
An analysis of GlobalData’s Macroeconomics Influencer Platform, which tracks over 170 leading global economists and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed Simon wren-lewis, a professor of economics policy at Oxford University, as the top influencer in the fourth quarter (Q4) […]
New Zealand’s retail lending to cross US$265bn in 2023, finds GlobalData
New Zealand’s retail lending market is expected to record a healthy growth over 2019–23 to reach NZ$395.9bn (US$265.6bn) in 2023, according to GlobalData, a leading data and analytics company. According to GlobalData’s latest report, ‘New Zealand Retail Banking: Opportunities and Risks to 2023’, New Zealand’s total retail loan balance outstanding (including credit card, personal loan, […]
India’s banking sector to see increased use of blockchain technology in 2020 and beyond, says GlobalData
With several leading banks proactively investing in blockchain platforms as part of their digital transformation initiatives, the Indian banking sector is set to witness growth in the mainstream use of blockchain technology in 2020 and beyond, says GlobalData, a leading data and analytics company. ICICI Bank, Axis Bank and Yes Bank, which have been at […]
Mahindra and Ford JV looks to drive growth in India and emerging markets, says GlobalData
Following the news that the Competition Commission of India (CCI) has approved the formation of a joint venture (JV), Ardour Automotive Private Limited, between Mahindra & Mahindra and Ford Motor, and the transfer of the automotive business of Ford India to the JV; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and […]
SCTM roadmap and committed funding will boost Australia’s position in Asia-Pacific stem cell research landscape, says GlobalData
The recently published final roadmap for Stem Cell Therapies Mission (SCTM), grant opportunities and stem cell research regulations will further streamline an already agile stem cell research sector and boost Australia’s position in the Asia-Pacific stem cell research landscape, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘CountryFocus: Healthcare, Regulatory and Reimbursement Landscape […]
A well-directed scrappage policy will help Indian automotive market recover from slowdown, says GlobalData
Following the news that the vehicle scrappage policy for India will be implemented soon; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “A ‘well-directed’ scrappage policy will help the Indian automotive market recover from one of the worst ever slowdowns. The industry has been waiting for […]
Coronavirus outbreak can drive private health insurance adoption in China, says GlobalData
Following the news that Wuhan coronavirus has now become a full-scale public health crisis; Tapas Bhowmik, Insurance Analyst at GlobalData, a leading data and analytics company, offers his view on China’s health insurance landscape: “Private health insurance adoption has traditionally been very low in China due to the presence of public insurance system, which covers […]
Government’s broadband initiatives to drive New Zealand’s fixed market revenue between 2019 and 2024, says GlobalData
The total fixed services revenue in New Zealand is expected to increase at a sluggish compound annual growth rate (CAGR) of 0.8% during 2019-2024, according to GlobalData, a leading data and analytics company. The revenue growth in the fixed broadband segment will be driven by steady adoption of fiber-to-the-home (FTTH) Ultra-Fast Broadband services, which will […]
Vildagliptin’s affordability will provide competitive advantage to Eris and Cipla in crowded Indian diabetes market, says GlobalData
Novartis has recently sold its anti-diabetic drug vildagliptin (branded as Zomelis, Vysov and Vysov M) to Ahmedabad-based Eris Lifesciences and Mumbai-based pharmaceutical major Cipla Ltd, in India. The orally active, potent and selective dipeptidyl peptidase -4 (DPP-4) inhibitor’s patent has expired in India leading to increased affordability of vildagliptin. Product acquisition and increased affordability of […]
Thailand’s fixed telecom services market to grow at CAGR of 5.6% between 2019 and 2024, says GlobalData
The total fixed telecom services revenue in Thailand is expected to grow at a compounded annual growth rate (CAGR) of 5.6% between 2019 and 2024, led by growth in the fixed broadband service segment, according to GlobalData, a leading data and analytics company. GlobalData’s Thailand Telecom Operators Country Intelligence Report predicts that while fixed voice […]
Mobile data services segment will drive New Zealand’s telecom market over next five years, says GlobalData
Widespread penetration of smartphones and steady rise in the adoption of 4G services, particularly for high-bandwidth mobile video and social media content, will continue to boost New Zealand’s telecom market between 2019 and 2024, according to GlobalData, a leading data and analytics company. GlobalData’s New Zealand Telecom Operators Country Intelligence Report predicts that while mobile […]
Rising mobile data services to boost overall mobile service revenue growth in Indonesia through 2024, says GlobalData
The total telecom and pay-TV services revenue in Indonesia is set to register a moderate compound annual growth rate (CAGR) of 3.7% between 2019 and 2024, driven mainly by the growth in the mobile data and fixed broadband services, says GlobalData, a leading data and analytics company. According to GlobalData’s Fixed Communications, Mobile Broadband and […]
GlobalData reveals top 10 telecommunications influencers in Q4 2019
An analysis of GlobalData’s Telecommunications Influencer Platform, which tracks over 140 leading global Telecom experts and their discussions pertaining to emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed Evan Kirstel, a B2B thought leader and technology expert, as the top influencer in the fourth quarter (Q4) of […]
Growing HealthTech market in Malaysia offers myriad opportunities for domestic and foreign firms, says GlobalData
Malaysia’s aspiration to push HealthTech to the forefront will provide myriad opportunities to innovative domestic and foreign companies, according to GlobalData, a leading data and analytics company. Through supportive government policies and investment initiatives, Malaysia offers conducive business environment to the HealthTech sector. However, shortage of skilled staff, advanced equipment and facilities are some of […]
GlobalData reveals top 10 artificial intelligence influencers in Q4 2019
An analysis of GlobalData’s Artificial Intelligence (AI) Influencer Platform, which tracks over 200 leading global AI experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, revealed Ronald van Loon, Director at Adversitement, as the top influencer in the fourth quarter (Q4) 2019. Ganapathi […]