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The European tourism sector continues to register growth in the number of international tourist arrivals largely due to the presence of plenty of business and leisure opportunities. However, the looming ‘no deal’ Brexit and a sluggish global economy cannot be discounted and the real opportunity lies in involving all stakeholders to develop sustainable and inclusive […]
APAC to emerge as second largest data center and hosting market by 2023, says GlobalData
With a significant number of companies expanding to serve their global client base, the Asia-Pacific (APAC) region is set to witness a strong growth in terms of data center and hosting services revenue. Against this backdrop, the market is estimated to reach around US$32bn by 2023, behind only to North America, says GlobalData, a leading […]
Moka will help Gojek to become leading player in Indonesia’s digital payments industry, says GlobalData
Following the news that Indonesia’s ride-hailing company Gojek is in the final stages of acquiring Jakarta-based mobile point-of-sale (POS) start-up Moka for approximately US$120m; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “The move is in line with Gojek’s plan to emerge as a leading player […]
APAC to become highest mobility revenue contributing region globally in 2023, says GlobalData
Mobility services are poised to emerge as a dominant and strategic element for enterprises in the Asia-Pacific (APAC) region. As a result, APAC is estimated to have the highest mobility spending among all the regions in 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, enterprise mobility services […]
High cost of BS-VI compliant two-wheelers will negate new model launches and impact uptake in India, says GlobalData
Following the news that the cumulative two-wheeler sales of the top four original equipment manufacturers (OEMs) in India declined 16.5% year-on-year in November 2019; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “After a satisfactory festive season in October where most OEMs witnessed high dispatch volume, […]
Human resources BPO to drive the overall BPO market growth in APAC by 2023, says GlobalData
Human resources business process outsourcing (HR BPO) will emerge as the largest segment with nearly 32% share and drive the overall BPO market in the Asia-Pacific (APAC) region by 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, HR BPO segment in the APAC region is set to […]
China heralds major energy reform with new national pipeline company, says GlobalData
Following the news that China has officially launched a new state-owned oil and gas pipeline company – China Oil & Gas Piping Network Corp.– in an effort to revamp the country’s oil and gas pipeline sector; Soorya Tejomoortula, oil and gas analyst at GlobalData, a leading data and analytics company, offers his view: “The formation […]
Postal Savings Bank of China’s lukewarm Shanghai debut reflects underlining investor concerns, says GlobalData
Following the tepid debut of Postal Savings Bank of China (PSBC) on Shanghai Stock Exchange on 10 December 2019; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view on the first day of trading: “Postal Savings Bank of China, which is the largest bank in China in terms of […]
APAC business process outsourcing market set to grow at CAGR of 10% between 2018 and 2023, says GlobalData
Asia-Pacific (APAC) continues to be a vibrant market for business process outsourcing (BPO) space, owing to the increasing number of contact centers in the region. Against this backdrop, the overall BPO market in the region is estimated to grow at a compound annual growth rate (CAGR) of 10% between 2018 and 2023 to reach US$120.4bn, […]
Series F funding in Kuaishou Technology led by Tencent win-win for both, says GlobalData
China-based short video social platform Beijing Kuaishou Technology Ltd (Kuaishou Technology) has recently secured US$3bn in Series F funding led by tech giant Tencent Holdings (Tencent). The move will be mutually beneficial for both the companies, according to GlobalData, a leading data and analytics company. Of the US$3bn, Tencent invested US$2bn. Tencent, which has been […]
GlobalData presents top 25 global banks by market capitalization in Q3 2019
Majority (15) of the banks in the GlobalData’s list of top 25 publicly traded global banking institutions by market capitalization (M Cap) reported quarter-on-quarter (QoQ) decline during the third quarter (Q3) ended on 30 September 2019, according to GlobalData, a leading data and analytics company. IMAGE FOR PUBLICATION – Please click this link for the […]
China, Japan and India potential markets for networking vendors in APAC through 2023, says GlobalData
China, Japan and India are the potential markets for revenue opportunity in the Asia-Pacific (APAC) region for networking vendors through 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, China along with Japan and India will account for nearly 72% of the overall networking revenue, whereas China alone […]
Kubernetes threatens to outshine app platforms players’ dominance in app modernization solutions in 2020, says GlobalData
Kubernetes is the new DevOps, handily helping infrastructure vendors guide enterprises into new containerization opportunities through operational provisioning, a role which threatens to outshine app platforms players’ dominance in app modernization solutions, says GlobalData, a leading data and analytics company. Under Kubernetes’ growing prominence and the technology’s emphasis on easing operational provisioning associated with microservices […]
Insurers and private hospitals should formulate policy to address concerns of all stakeholders in India, says GlobalData
The Insurance Regulatory Development Authority of India (IRDAI), insurance companies and private hospitals should come together to formulate a policy that addresses the concerns of all the stakeholders and does not impact the quality of surgical treatment in India, says GlobalData, a leading data and analytics company. Recently, insurers and third-party administrators (TPAs) in India […]
Spinal muscular atrophy market across five growth markets in APAC will reach US$2.5bn in 2028, says GlobalData
The spinal muscular atrophy (SMA) market across the five growth markets ((5GM) Australia, China, India, Japan and South Korea) in the Asia-Pacific (APAC) region is anticipated to grow at a compound annual growth rate of 23.3% from US$308.6m in 2018 to US$2.5bn in 2028, says GlobalData, a leading data and analytics company. According to the […]
Hybrid Cloud most discussed theme on cloud computing in Q3 2019, reveals GlobalData
‘Hybrid Cloud’ has garnered the highest percentage (48%) of Twitter mentions among the discussions of world’s leading cloud computing experts during the third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. In terms of intensity of discussions, Hybrid Cloud technology was followed by Multi Cloud with 36% share of discussions, […]
Sentiment slips as Royal Bank of Scotland suffers loss in Q3 2019, says GlobalData
With payment protection insurance (PPI) payout provision and the underperformance of Natwest Markets wiping out profits, the overall sentiment score for The Royal Bank of Scotland Group plc (RBS) was significantly down in the third quarter (Q3) of 2019, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform, which analyzes and […]
Risks outweigh gains for Cleveland-Cliffs and AK Steel deal, says GlobalData
Following the news on 3rd December 2019 that Cleveland-Cliffs Inc. (CLS) has agreed to acquire Ohio-based novel steel products manufacturer AK Steel Holding Corporation (AKS) in a US$1.1bn stock deal; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “Cleveland-Cliffs, North America’s largest iron ore pellets producer, believes that […]
Malaysia’s mobile data traffic will grow at CAGR of 10.18% between 2019 and 2024, forecasts GlobalData
Malaysia’s mobile data traffic is projected to grow at a compound annual growth rate (CAGR) of 10.18% from 4.6 million terabyte (TB) in 2019 to 7.5 million TB by the end of 2024 due to increase in smartphone subscriptions and rise in data consumption led by 4G subscribers, forecasts GlobalData, a leading data and analytics […]
UHC Act, regulatory tax reforms will open new opportunities for Indian pharma industry in Philippines, says GlobalData
The introduction of the Universal Health Care (UHC) Act coupled with business and corporate tax regulatory reforms in the Philippines is likely to open up new avenues for the Indian pharma industry, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Philippines’, reveals that the pharmaceutical market […]