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The prevalent cases of obesity in India are set to increase from 40 million in 2019 to 74 million in 2028. Against this back drop, the number of bariatric surgeries in India is expected to grow at a compound annual growth rate of 12.2% during the period, according to GlobalData, a leading data and analytics […]
GlobalData presents top 25 global technology companies by market capitalization in Q3 2019
Majority (15) of the companies in the GlobalData’s list of top 25 publicly traded global technology* companies by market capitalization (M Cap) reported quarter-on-quarter (QoQ) growth in the third quarter (Q3) ended 30 September 2019, with Dutch semiconductor company ASML reporting 18.7% growth during the period, according to GlobalData, a leading data and analytics company. […]
India’s plan to bring all medical devices under one regulatory framework will boost credibility, says GlobalData
India’s recent draft notification to bring all imported and locally-made medical devices under single regulatory framework and a compensation plan for patients affected by faulty devices will boost credibility, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that the the Indian medical devices market, which accounted for more than 13% of the […]
Early stage deals catch investor attention during Q3 2019, finds GlobalData
Early stage funding rounds (Seed and Series A funding rounds) continued to dominate venture capital (VC) investments with 69.6% share of total investment volume during the third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. All the three months in Q3 witnessed announcement of highest number of deals with Series […]
Indonesia stands out as bright spot for global automotive market, says GlobalData
The global automotive market continues to be in the red due to various factors including declining sales in mature markets, trade war and tariffs, and stringent emission regulations. Against this backdrop, Indonesia looks well-placed to be the pressure release valve that the industry needs, says GlobalData, a leading data and analytics company. Markets that present […]
If Nestle sells Hsu Fu Chi and Yinlu, it will show how multinationals have changed strategies in China, says GlobalData
Nestle is reportedly mulling to sell two of its Chinese businesses – confectioner Hsu Fu Chi and porridge maker Yinlu – and, if deals are done, it will underline how multinationals are now looking at markets such as China very differently, says GlobalData, a leading data and analytics company. Dean Best, Food Editor at GlobalData, […]
GlobalData presents top 25 global banks by market capitalization in Q2 2019
Majority (19) of the banks in the GlobalData’s list of top 25 publicly traded global banks by market capitalization (M Cap) reported quarter-on-quarter (QoQ) growth in the second quarter (Q2) of 2019, with JPMorgan Chase topping the list with a M Cap of US$362.7bn as on 30 June, according to GlobalData, a leading data and […]
National broadband plan and 5G adoption to drive Philippines telecom and pay-TV market through 2024, says GlobalData
National broadband plan with a focus on accelerating investment through flexible regulatory framework, encouraging public and private investments, extending broadband connectivity to public areas and improving digital literacy along with projected growth in 5G adoption will drive the telecom and pay-TV market in the Philippines between 2019 and 2024, according to GlobalData, a leading data […]
Climate change prominent theme among discussions of world’s leading CEOs, reveals GlobalData
Climate Change has emerged as the most frequently mentioned theme among the world’s leading CEOs on Twitter, with 200% growth in conversations from the second quarter (Q2) to third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s CEO Influencer platform, which captures the discussions of over […]
Maruti Suzuki’s EV launch delay raises concerns over short-term market outlook in India, says GlobalData
Following the news that Maruti Suzuki has deferred plans to launch its first electric car Wagon R EV for individual customers in India; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The news regarding the deferment of Wagon R EV launch, coupled with the news regarding […]
Government-backed RuPay ends Visa and Mastercard duopoly in India, says GlobalData.
Indian domestic card scheme RuPay registered exponential growth both in terms of cards in circulation and transaction value between 2015 and 2019, and in the process has ended the dominance of American payment giants Mastercard and Visa, according to GlobalData, a leading data and analytics company. An analysis of GlobalData reveals that the number of […]
India’s vehicle scrappage plan unlikely to produce desired results, says GlobalData
Following the news that India has issued draft guidelines for setting up authorized vehicle scrapping facilities across the country; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The draft guidelines released by the Ministry of Road Transport & Highways (MoRTH) will certainly be beneficial and help […]
Australia’s cruise industry paves way for mass expansion, says GlobalData
Traveling by sea throughout Australia is becoming a popular past time for the domestic travelers. As a result, cruise operators are increasingly joining forces to offer ‘bite-sized’ breaks along the coast for the domestic travelers, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism Source Market Insight – Australia’, reveals that although […]
New Zealand’s general insurance market to reach US$7.8bn by 2023, says GlobalData
High susceptibility to natural hazards combined with rise in residential and infrastructure construction is expected to drive New Zealand’s general insurance market from NZD8.4bn (US$5.8bn) in 2018 to NZD10.9bn (US$7.8bn) in 2023, according to GlobalData, a leading data and analytics company. General insurance is the major contributor to the growth of the overall insurance industry. […]
Number of contactless cards in Australia set to reach 68.9 million by 2023, says GlobalData
Australia is one of the most highly developed contactless markets in the world, with the majority of consumers having access to a contactless card. Against this back drop, the number of contactless cards in the country is set to increase from 59.6 million in 2019 to 68.9 million by 2023, says GlobalData, a leading data […]
Mobile broadband will drive Hong Kong telecom service revenue through 2024, says GlobalData
The total telecom and pay-TV service revenues in Hong Kong will grow at a compound annual growth rate (CAGR) of 0.8% from an estimated US$5.5bn in 2019 to US$5.7bn by the end of 2024. Mobile broadband will be the leading contributor to the country’s total telecom service revenue during 2019-2024, according to GlobalData, a leading […]
Goldman Sachs leads GlobalData’s top 20 global M&A financial advisers league table for Q1-Q3 2019
Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 20 financial advisers in the first three quarters (Q1-Q3) of 2019, according to GlobalData, a leading data and analytics company. The American investment bank advised on 249 deals worth US$982.3bn, including the big ticket deal of United Technologies’ acquisition of […]
Wachtell, Lipton, Rosen & Katz leads GlobalData’s top 20 global M&A legal advisers league table for Q1-Q3 2019
Wachtell, Lipton, Rosen & Katz has secured number one position in the latest global mergers and acquisitions (M&A) legal advisers league table based on deal value in the first three quarters (Q1-Q3) of 2019, according to GlobalData, a leading data and analytics company. The American law firm advised on 57 deals worth US$589.7bn, including a […]
Global venture capital activity remained subdued in Q3 2019, finds GlobalData
The global venture capital (VC) investment activity remained relatively flat during the months in the third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. Low value deals (investment <=US$10m) continued to dominate VC investments with 74.9% share in the overall volume, with highest number of deals announced in the range […]
Hyundai’s plan to invest US$35bn on mobility tech will accelerate commercialization of self-driving vehicles, says GlobalData
Following the news that Hyundai Motor Group plans to invest US$35bn in mobility and other auto technologies by 2025; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “Hyundai has been regularly and aggressively investing in new automotive technologies. The South Korean automotive giant recently entered into […]