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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 […]
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 […]
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 […]
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) […]
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. […]
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 […]
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 […]