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There was a 21% quarter-on-quarter surge in the number of discussions around ‘plant-based products’ on Twitter among Health & Wellness experts during the third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Health & Wellness Influencer Platform, which tracks the industry experts and their discussions around […]
Revenue from IoT related services will total $96bn in APAC by 2023, says GlobalData
The marketplace for Internet of Things (IoT) related services, which includes connectivity, devices and software and related services, is projected to exceed $96.3bn in sales by 2023, growing at a compound annual growth rate (CAGR) of 22.4% between 2018 and 2023, according to GlobalData, a leading data and analytics company. GlobalData’s research reveals that the […]
South Korea’s mobile data revenue to surpass US$15bn in 2024, says GlobalData
Favorable regulatory landscape, increasing machine to machine (M2M) and smartphone subscriptions, and the upcoming 5G technology are set to drive South Korea’s total mobile data revenue from US$13.9bn in 2019 to US$15.5bn in 2024, according to GlobalData, a leading data and analytics company. According to GlobalData’s Asia-Pacific Mobile Broadband Forecast Pack, the total number of […]
Number of cosmetic procedures in APAC to grow at CAGR of 3% between 2019 and 2028, says GlobalData
The total number of cosmetic procedures in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 3% between 2019 and 2028, according to GlobalData, a leading data and analytics company. The company’s report, ‘Aesthetic Implants – General Surgery Market Analysis and Forecast Model’, reveals that APAC is one […]
European outbound acquisitions involving American targets accelerated in recent times, finds GlobalData
Uncertainty over Brexit and the ongoing worldwide economic uncertainty seem to be taking a toll on the deal-making activity in the European region as there has been a noticeable growth in European outbound acquisitions involving American targets in recent times, observes GlobalData, a leading data and analytics company. More than 430 deals worth US$100bn involving […]
China to account for one-third of APAC cloud computing market by 2023, says GlobalData
With the increasing presence of ‘hyper-scale’ cloud providers in big data, analytics, artificial intelligence (AI) and Internet of Things (IoT), cloud has emerged as a compelling proposition for the enterprises and governments alike. Against this back drop, China is forecast to account for nearly one-third of the overall Asia-Pacific (APAC) cloud computing market by 2023, […]
APAC networking market revenue to reach US$145bn by 2023, says GlobalData
The enterprises in the Asia-Pacific (APAC) region continue to focus on digital transformation and increased collaboration amongst their workforce. Against this back drop, the overall network revenue in the APAC region is estimated to grow at a compound annual growth rate (CAGR) of 7.8% between 2018 and 2023 to reach US$145bn, says GlobalData, a leading […]
Axial spondyloarthritis burden in five APAC markets set to increase by 32.3% over next decade, says GlobalData
The diagnosed prevalent cases of axial spondyloarthritis (AxSpA) are expected to increase from 6.1 million cases in 2018 to 8.0 million cases in 2028, at an annual growth rate (AGR) of 3.23% across the five growth markets (*5GM: Australia, China [urban], India, South Korea and Japan) in the Asia-Pacific (APAC) region, according to GlobalData, a […]
Sentiments remain grounded for Boeing with its turbulent journey not over yet, says GlobalData
Ever since the grounding of 737 MAX started, the overall sentiments for The Boeing Co (Boeing) has been on a declining trajectory for three straight quarters in 2019, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform, which analyzes and showcases sentiments across companies and sectors by scanning through earning transcripts […]
Rising nursing home population in APAC likely to increase spread of respiratory syncytial virus in elderly, says GlobalData
Respiratory syncytial virus (RSV), a common respiratory infection in children, has increasingly been identified as a leading cause of respiratory disease in the elderly. Continuing rates of aging and increased access to community living in long-term care facilities may increase the spread of RSV among the elderly across the Asia-Pacific (*APAC) region, according to GlobalData, […]
Mobile data to drive New Zealand telecom market through 2024, says GlobalData
Favorable regulatory environment and growing demand for mobile data is expected to drive the telecommunications market in New Zealand between 2019 and 2024, says GlobalData, a leading data and analytics company. Sree Venkatesh, Senior Analyst in Telecoms Market Data & Intelligence at GlobalData, says: “Fueled by growing popularity for smartphones, Internet of Things (IoT), machine-to-machine […]
Partnering with OTT players will help pay-TV businesses to improve profitability, says GlobalData
The amalgamation of over-the-top (OTT) content into pay-TV offerings will help pay-TV businesses to enhance their service proposition and drive revenue in the coming years, says GlobalData, a leading data and analytics company. According to GlobalData pay-TV Forecast Pack, the adoption rate of OTT video platforms is increasing across all geographies and has built pressure […]
APAC respiratory syncytial virus market set to reach US$1.48bn by 2028, says GlobalData
The respiratory syncytial virus (RSV) market is expected to grow at a compound annual growth rate (CAGR) of 44.7% from US$36.88m in 2018 to US$1.48bn by 2028 across the five growth markets (*5GM) in the Asia-Pacific (APAC) region, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Respiratory Syncytial Virus (RSV): Forecast […]
Efficient packaging influences 52% of APAC consumers’ beauty product choices, finds GlobalData
Majority of the modern consumers in the Asia-Pacific (APAC) region are opting for high-performance and hassle-free beauty and grooming products that best fit their busy lifestyles, according to GlobalData, a leading data and analytics company. GlobalData’s Consumer Survey Q3 2019 reveals that 52% and 51% of consumers prefer ‘easy to close/reseal’ and ‘product preservation/protection’ packaging […]
Total mobile service revenue in China set to reach US$165bn in 2024, says GlobalData
Increase in the demand for mobile Internet connectivity and growing unique subscriber base is set to drive the total mobile service revenue in China from US$153bn in 2019 to US$165bn by the end of 2024, says GlobalData, a leading data and analytics company. According to GlobalData’s Asia-Pacific Mobile Broadband Forecast Pack, the total mobile subscribers […]
AstraZeneca partnership gives significant boost to Sun Pharma’s overall China entry strategy, says GlobalData
Sun Pharmaceutical Industries Ltd (Sun Pharma) has recently entered into a licensing agreement with AstraZeneca UK to launch novel ready-to-use oncology drugs in China. The India-based company has taken a giant leap in terms of partnership with a major global pharma company, which will give a significant boost to its overall China entry strategy, says […]
China to lead global propylene oxide capacity additions by 2023, says GlobalData
China is set to drive capacity growth in the global propylene oxide (PO) industry from planned and announced projects between 2019 and 2023, contributing around 41% of the global growth by 2023, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Propylene Oxide (PO) Industry Outlook to 2023 – Capacity and Capital […]
Infrastructure investment to drive total construction output in China to US$4.1 trillion by 2023, says GlobalData
Driven by the Government’s efforts to boost spending on infrastructure, the value of construction industry in China, measured at constant 2017 US dollar exchange rates, is expected to rise from US$3.3 trillion in 2018 to US$4.1 trillion in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Construction in China – Key trends […]
Thailand general insurance market to reach US$9.14bn by 2023, says GlobalData
The general insurance business in Thailand is projected to grow from THB247.6bn (US$7.7bn) in 2018 to THB285.5bn (US$9.1bn) in 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand General Insurance: Key Trends and Opportunities to 2023’, reveals that gross written premium in Thailand’s general insurance market registered a compound annual growth […]
HSBC’s overall sentiments down on back of tough third quarter, says GlobalData
Weak financial performance and tough market conditions have pulled the overall sentiments for HSBC Holdings Plc (HSBC) down significantly in the third quarter (Q3) of 2019, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform, which analyzes and showcases sentiments across companies and sectors by scanning through earning transcripts and filing […]