Sarath.Chandra@globaldata.com

Uncategorised

Indian public sector general insurers’ market share at an all-time low, reveals GlobalData

Public sector firms continue to lose market share to private sector in India’s general insurance market. The combined share of public sector insurers dropped below 50% for the first time in 2018-19, according to GlobalData, a leading data and analytics company. GlobalData’s research reveals that the gross direct premium income (GDPI) reported by the 25 […]

Pharma

Qilu’s first Avastin biosimilar Ankada needs strong commercialization strategy in China, says GlobalData

China-based Qilu Pharmaceutical received approval in December 2019 for QL-1101 under the trade name Ankada, a biosimilar to Avastin (bevacizumab), to treat advanced, metastatic or recurrent non-small-cell lung cancer (NSCLC) and metastatic colorectal cancer (mCRC). Being the first approved Avastin biosimilar in China, Ankada will have the first-mover advantage, however its success will depend on a strong […]

Influencer

GlobalData reveals top 10 HealthTech influencers in Q4 2019

The GlobalData’s HealthTech Influencer Platform, which tracks more than 225 leading global HealthTech experts across the globe and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, revealed technology expert and B2B thought leader Evan Kirstel as the top influencer in the fourth quarter (Q4) […]

Technology

India’s Union Budget 2020 provides strong initiatives for technology sector to remain on track for US$5 trillion economy by 2025, says GlobalData

The Indian Union Budget 2020 presented by the country’s Finance Minister Nirmala Sitharaman delivers a host of initiatives to boost the growth of the technology sector, which is a key component of the Narendra Modi government’s target of turning India into a US$5 trillion economy by 2025, says GlobalData, a leading data and analytics company. […]

Technology

Coronavirus outbreak can drastically impact the technology road map for 2020, says GlobalData

The coronavirus outbreak is now entering a crucial phase with the WHO declaring it as a global health emergency. While the economic impact of the outbreak will be dependent on how long it ultimately lasts, its impact on technology markets across the world is already beginning to come to the fore, says GlobalData, a leading […]

Business Fundamentals

Overall M&A activity remains healthy in Asia-Pacific during Q4 2019, finds GlobalData

The Asia-Pacific (APAC) region witnessed growth in mergers and acquisition (M&A) deal volume and value during the fourth quarter (Q4) of 2019, according to GlobalData, a leading data and analytics company. The number of M&A deals grew from 1,282 in Q4 2018 to 1,568 in Q4 2019, whereas the value increased from US$107.2bn to US$117.bn. […]

Business Fundamentals

Consumer-centric budget 2020 to restore consumer and investment sentiment in India, says GlobalData

India, which is facing its worst economic slowdown in a decade, is caught in an inter-play between reducing the fiscal deficit or missing out of reaching the goal of US$5 trillion economy. With only two days to go for the Union Budget 2020, all eyes are now on the extension of income tax slabs or […]

Medical Devices

Computed tomography systems market in APAC to grow at CAGR of 15.7% between 2019 and 2028, says GlobalData

The computed tomography (CT) systems market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 15.7% from US$2.1bn in 2019 to US$7.7bn by 2028, according to GlobalData, a leading data and analytics company. India will be by far the fastest growing country in the region growing at […]

Influencer

GlobalData reveals top 10 cybersecurity influencers in Q4 2019

An analysis of GlobalData’s Cybersecurity Influencer Platform, which tracks more than 300 leading global cybersecurity experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, revealed cybersecurity expert Sean Harris as the top influencer during the fourth quarter (Q4) of 2019. SwiftOnSecurity, information security […]

Automotive

With regular vehicle launches and high localization, Kia Motors pushing right buttons in India, says GlobalData

Following the news that Kia Motors is set to unveil its new concept compact SUV at the upcoming Auto Expo 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “One of Kia’s key strategies in India include launching a vehicle every six months. Last year, the […]

Insurance

Malaysia’s motor insurance business to be valued at US$2.4bn in 2023, says GlobalData

The motor insurance business in Malaysia is projected to grow from MYR8.2bn (US$2.0bn) in 2018 to MYR9.7bn (US$2.4bn) in 2023, in terms of net earned premium (NEP), according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia General Insurance: Key Trends and Opportunities to 2023’, reveals that motor insurance, one of the compulsory […]

Pharma

Uncertain regulatory environment affecting growth and investments in India’s e-pharmacy sector, says GlobalData

Lack of progressive and proactive e-pharmacy regulatory framework is impacting the overall growth potential and future investments in the Indian e-pharmacy sector, says GlobalData, a leading data and analytics company. In a bid to prohibit the unauthorized sale of medicines by certain e-pharmacies, the Drug Controller General of India (DCGI) ordered all states and union […]

Banking

E-commerce payments in Malaysia to cross US$11bn in 2023, says GlobalData

The e-commerce market in Malaysia is among the fastest-growing in Southeast Asia, with a total transaction value of MYR25.6bn (US$6.2bn) in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 15.9% to reach MYR46.3bn (US$11.2bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Malaysia Cards […]

Medical Devices

Roche’s Accu-Chek SugarView app may disrupt India’s blood glucose monitoring market, says GlobalData

Roche has recently received CE approval for its Accu-Chek SugarView blood glucose monitoring app. The approval will allow Roche to market glucose monitoring products aggressively and will further strengthen its leadership position in India’s glucose monitoring market, says GlobalData, a leading data and analytics company. The company’s report, ‘Diabetes Care Devices – Insulin Pens – […]

Pharma

China’s lightning response to new Wuhan coronavirus outbreak may not be enough, says GlobalData

Following the news that the spread of the Wuhan coronavirus developed into a dangerous epidemiology outbreak with potential impact worldwide; Kasey Fu, Director of Epidemiology at GlobalData, a leading data and analytics company, provides her view: “China finds itself in a familiar situation from almost 20 years ago during the severe acute respiratory syndrome (SARS) […]

Banking

Card payment value in Indonesia set to cross US$57bn in 2023, says GlobalData

The Indonesian market remains heavily cash-reliant with limited awareness of electronic payments and inadequate payment infrastructure. However, the country is making gradual progress to reduce cash dependence, with card payments value set to increase from IDR639.9 trillion (US$44.5bn) in 2019 to IDR821.2 trillion (US$57.1bn) in 2023, according to GlobalData, a leading data and analytics company. […]

Technology

Hybrid cloud services to drive APAC enterprise cloud services revenue to US$256bn by 2023, says GlobalData

The marketplace for enterprise cloud computing related services in Asia-Pacific (APAC) is forecast to grow at a compound annual growth rate (CAGR) of 19% from US$107.6bn in 2018 to US$256.4bn in 2023, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Cloud Computing in Asia Pacific: Telco Cloud Offers, Best Practices […]

Insurance

Chinese health insurance business set to exceed US$136bn in 2022, says GlobalData

The health insurance business in China is projected to grow from CNY437.4bn (US$64.7bn) in 2017 to CNY921.1bn (US$136.6bn) in 2022, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘China General Insurance: Key trends and Opportunities to 2022’, reveals that health insurance, which contributes about 30% of the total Chinese general insurance business, […]

Business Fundamentals

Series A funding accounted for highest venture capital share in APAC during Q4 2019, finds GlobalData

Series A funding rounds dominated the venture capital (VC) funding landscape across the Asia-Pacific (APAC) region in both volume and value terms during the fourth quarter (Q4) of 2019, according to GlobalData, a leading data and analytics company. Compared to the announcement of 825 deals (with disclosed funding rounds) worth US$16.5bn in Q4 2018, a […]

Pharma

NRDL a promising sign for increased market access to innovative drugs in China, says GlobalData

In November 2019, China updated its National Reimbursement Drug List (NRDL) to include 70 new medicines, with an average price cut of 61% agreed by pharma companies. This a promising opportunity for innovative drug manufacturers to foray into the second largest pharmaceutical market in the world after the US in terms of value, says GlobalData, […]

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Indian public sector general insurers’ market share at an all-time low, reveals GlobalData

Qilu’s first Avastin biosimilar Ankada needs strong commercialization strategy in China, says GlobalData

GlobalData reveals top 10 HealthTech influencers in Q4 2019

India’s Union Budget 2020 provides strong initiatives for technology sector to remain on track for US$5 trillion economy by 2025, says GlobalData

Coronavirus outbreak can drastically impact the technology road map for 2020, says GlobalData

Overall M&A activity remains healthy in Asia-Pacific during Q4 2019, finds GlobalData

Consumer-centric budget 2020 to restore consumer and investment sentiment in India, says GlobalData

Computed tomography systems market in APAC to grow at CAGR of 15.7% between 2019 and 2028, says GlobalData

GlobalData reveals top 10 cybersecurity influencers in Q4 2019

With regular vehicle launches and high localization, Kia Motors pushing right buttons in India, says GlobalData

Malaysia’s motor insurance business to be valued at US$2.4bn in 2023, says GlobalData

Uncertain regulatory environment affecting growth and investments in India’s e-pharmacy sector, says GlobalData

E-commerce payments in Malaysia to cross US$11bn in 2023, says GlobalData

Roche’s Accu-Chek SugarView app may disrupt India’s blood glucose monitoring market, says GlobalData

China’s lightning response to new Wuhan coronavirus outbreak may not be enough, says GlobalData

Card payment value in Indonesia set to cross US$57bn in 2023, says GlobalData

Chinese health insurance business set to exceed US$136bn in 2022, says GlobalData

Series A funding accounted for highest venture capital share in APAC during Q4 2019, finds GlobalData

NRDL a promising sign for increased market access to innovative drugs in China, says GlobalData

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