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The coronavirus (COVID-19) is by far the most significant theme to affect the technology/telecom industry in 2020. However, its effect is going to be short-term. In the post COVID-19 era, telcos are expected to perform well as the world will be more connected and businesses better prepared for such calamities, says GlobalData, a leading data […]
High incident cases of invasive pneumococcal disease in India is result of lack of country-wide vaccination, says GlobalData
Invasive pneumococcal disease (IPD) presents a significant public health concern globally. India leads the way with the highest number of diagnosed incident cases of IPD, says GlobalData, a leading data and analytics company. The company’s latest report ‘Pneumococcal Vaccines: Epidemiology Forecast in Asia-Pacific Markets to 2028’, reveals that there were more than two million diagnosed […]
Amid Covid-19 outbreak GlobalData suggests short-term and long-term considerations for Australian banking
The medical effects of coronavirus (Covid-19) on Australia are still building, with caseloads rising and likely to continue doing so for some time. While still early days, indicators are that short-term bank profits will plummet, loan growths will stall, impaired loans will begin to rise and the industry will see further consolidation, according to GlobalData, […]
Government investment will turnaround active pharmaceutical ingredients industry in India, says GlobalData
Following the news that India has approved US$1.3bn* (INR10Kbn) healthcare package to boost the domestic manufacturing of active pharmaceutical ingredients (API); Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “The package, which is part of a turnaround strategy to reduce India’s dependence on China, will help boost the […]
Deep learning to be key driver for expansion and adoption of AI in Asia-Pacific, says GlobalData
Deep learning, a subset of machine learning and artificial intelligence (AI), is predicted to provide formidable momentum for the adoption and growth of artificial intelligence in the Asia-Pacific (APAC) region. The next few years will see deep learning become part of main-stream deployments, bringing commendable changes to businesses in the region, says GlobalData, a leading […]
Covid-19 outbreak in China threatens biopharma in-house manufacturing, says GlobalData
With several mega cap biopharma companies having their vital manufacturing steps in Chinese facilities, the novel coronavirus (Covid-19) outbreak is putting the complicated global biopharma industry’s supply chain under strain, says GlobalData, a leading data and analytics company. Supply chain problems in China include a largely quarantined workforce, delays in transporting materials and several other […]
Driven by offshore investments, India’s reinsurance market to reach US$7.8bn by 2024, says GlobalData
India’s pure reinsurance business is among the fastest-growing markets globally. The recent regulatory changes by the Insurance Regulatory and Development Authority of India (IRDAI) are set to encourage the offshore companies to set up reinsurance operations in India. These amendments will not only bring a level playing field for all the competitors but also drive […]
Sparkling wine emerged as most mentioned wine category among industry experts on Twitter during H2 2019, says GlobalData
Sparkling wine was the most discussed wine category with 33% quarter-over-quarter (QoQ) increase among the conversations of leading wine influencers on Twitter during the second half (H2) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Wine Influencer Platform, which tracks the industry experts from wine industry and their […]
Asia-Pacific accounts for 40% of global clinical trials initiated in 2019, finds GlobalData
The Asia-Pacific (APAC) has emerged as the most prominent region for conducting clinical trials, accounting for over 40% of the annual share of globally conducted clinical trials in 2019, finds GlobalData, a leading data and analytics company. Overall, the largest share of trials was in phase II, followed by phase I. Almost 78% of the […]
Fintech startups scaling up to re-bundle services, says GlobalData
The trend of global funding to venture-backed fintech companies growing in the later stages but with a pullback in the seed-stage indicates a general consolidation towards the maturing of fintech sector, where the startups are looking to scale up beyond their boundaries, says GlobalData, a leading data analytics company. Sudheshna Karukula, Fintech Analyst at GlobalData, […]
With Roche Diagnostics coronavirus test approval India looks to delay progression to next stage, says GlobalData
Following the news that the the Drug Controller General of India (DCGI) has given license to Roche Diagnostics India to conduct coronavirus tests; Rohit Anand, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “Coronavirus (Covid-19) outbreak has squeezed the imports and countries across the world are rushing to secure […]
Ale emerged as most mentioned beer type among experts on Twitter during H2 2019, says GlobalData
Ale has emerged as the leading beer type on Twitter among beer industry influencers with 11% quarter-on-quarter (Q-o-Q) growth during the second half (H2) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Beer Influencer Platform, which tracks the beer industry experts and their discussions pertaining the emerging trends, […]
Covid-19 highlights need for reduction in dependence on Chinese auto component imports in India, says GlobalData
Following the news that 25,000 auto executives in India will be working from home to contain the spread of Covid-19 contagion; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Most of these employees are from key original equipment manufacturers (OEMs), including Ford, Tata Motors, Mahindra, Volkswagen, […]
APAC axial spondyloarthritis market to grow moderately over next decade due to uptake of expensive biologic therapies, says GlobalData
The axial spondyloarthritis (axSpA) market across the five growth markets (5GM*) in the Asia-Pacific (APAC) region will experience moderate growth over the next 10 years, which can be attributed to the increased uptake of expensive biologic therapies in India and China along with the imminent arrival of new interleukin-17 (IL-17) inhibitors and Janus kinase (JAK) […]
Majority of top global VC investors witness growth in investment volume but decline in value in 2019, says GlobalData
Six of the top 10 global venture capital (VC) investors showcased year-on-year (YoY) growth in the number of investments, whereas seven of them witnessed YoY decline in the proportionate investment value in 2019, says GlobalData, a leading data and analytics company. The top 10 global VC investors (by number of investments) participated in more than […]
With new contracts drying up, India’s IT services industry should brace for challenging times ahead, says GlobalData
The actual impact of the coronavirus outbreak on the India’s IT services industry is now coming to the fore, with the number of new contract signings showing a consecutive decline over the past couple of months. While the extent of the drying-up of contracts will depend on how long the outbreak ultimately lasts, the Indian […]
VC funding activity in AI technology space remained steady despite fewer big ticket deals in 2019, says GlobalData
The artificial intelligence (AI) technology space witnessed growth in venture capital (VC) investments volume and value in 2019 despite fewer big ticket deals, according to GlobalData, a leading and data analytics company. A total of 2,018 VC funding deals (with disclosed funding value) worth US$31.8bn were announced in the AI tech space during last year. […]
Asia to dominate global chlorine capacity additions by 2024, says GlobalData
Asia is expected to lead the global chlorine capacity additions by contributing about 69% of global growth from new-build and expansion projects between 2020 and 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Chlorine Industry Outlook to 2024 – Capacity and Capital Expenditure Forecasts with Details of All Active and […]
ICT spending in Malaysia to reach US$25.2bn 2023, says GlobalData
The information and communication technology (ICT) market in Malaysia is set to grow at a compound annual growth rate (CAGR) of 8.9% between 2019 and 2023.This growth from 2018 US$16.5bn to US$25.2bn in 2023, will mainly be supported by the rising adoption of ‘client computing’ and ‘cloud computing’, says GlobalData, a leading data and analytics […]
Retail loans in India to cross US$550bn in 2023, says GlobalData
The total retail loans in India recorded a compound annual growth rate (CAGR) of 17.5% during 2014-18 to reach INR22.2 trillion (US$319.1bn) in 2018. However, weakening economic growth and slowdown in auto sales are expected to impact the growth over the next four years and as a result the total loans are projected to reach […]