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Sarath.Chandra@globaldata.com

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Dental CAD/CAM materials market in India poised for 14.4% growth in next five years, says GlobalData

The dental computer-aided design/computer-aided manufacturing (CAD/CAM) materials market in India is expected to grow at a compound annual growth rate (CAGR) of 14.4% from US$157.7m in 2020 to reach US$309.5m in 2025, according to GlobalData, a leading data and analytics company. The company’s report, ‘India CAD/CAM Systems and Materials Market Outlook to 2025’, reveals that […]
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India’s recent move to abolish merchant charges on RuPay cards will further drive shift towards electronic payments, says GlobalData

India has traditionally been a cash-dominant society, a scenario that is changing gradually with a series of government measures to promote electronic payments. The country is making steady progress in reducing its dependence on cash, with its share in total payments volume expected to decline from 79.8% in 2019 to 54.1% in 2023, says GlobalData, […]
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Regulatory initiatives to help Malaysian life insurance business surpass US$13bn in 2023, says GlobalData

The Malaysian life insurance market, in terms of gross written premiums, is projected to grow at a compound annual growth rate (CAGR) of 4.4% from MYR46.7bn (US$11.6bn) in 2019 to MYR55.4bn (US$13.7bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Life Insurance: Key Trends and Opportunities to 2023’, reveals that […]
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Mitsubishi moves closer to capitalize on Asia-Pacific commercial aircraft market, says GlobalData

Following today’s news (27th February) that Mitsubishi Aircraft Corporation, an MHI Group company, has completed its maiden flight with the first Pratt & Whitney GTF PW1200G engine assembled in Japan; Mathew George, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The announcement comes at a time when the commercial aircraft […]
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Coronavirus outbreak threatens China’s already tepid economic growth, observes GlobalData

As China battles to contain the Wuhan coronavirus (Covid-19) outbreak, the effect of the epidemic is dampening the prospect of upturn for the world’s second largest economy, says GlobalData, leading data and analytics company. Factories across several Chinese cities were shut down following the outbreak which is affecting the manufacturing industry of the country. According […]
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Dr Reddy’s takes inorganic route to grow in India, says GlobalData

Following the recent news that Dr Reddy’s Laboratories (DRL) has agreed to acquire Wockhardt Ltd’s select divisions of branded generics business in India, Nepal, Sri Lanka, Bhutan and Maldives for a consideration of INR18.5bn (US$260m); Prashant Khadayate, Practice Head of Healthcare at GlobalData, a leading data and analytics company, offers his view: “Dr Reddy’s has […]
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South Korean life insurance business faces saturation, says GlobalData

A combination of factors including the country’s demographic crisis, a low-interest rate regime and slow economic growth are stifling the growth of South Korea’s life insurance industry, which registered a compound annual growth rate of just 0.5% during 2014-2019, says GlobalData, a leading data and analytics company. South Korea’s life insurance business was worth KRW114,709bn […]
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Wipro’s sentiments up in line with growth in digital segment revenue and AI/ML portfolio adoption, says GlobalData

In light of rising adoption of artificial intelligence (AI) and machine learning (ML) portfolio, a steady fourth quarter (Q4) 2019 performance, supported by the double digit quarterly growth (year-on-year) in the consumer and digital segment revenue and the October 2019 acquisition of International TechneGroup Inc., Wipro’s sentiments are on the rise, says GlobalData, a leading […]
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Government direct intervention set to enhance quality and safety of drugs in India, says GlobalData

Following the recent official gazette notification from the Ministry of Health & Family Welfare (MOHFW) of India that from March 2021 onwards Indian pharmaceutical companies that market drugs will be accountable for quality and other regulatory compliances along with the manufacturers; Anupama, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: […]
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Digital economy unlocking cross-industry opportunities to make enterprise innovation more effective, says GlobalData

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 […]
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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 […]
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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) […]
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