Sarath.Chandra@globaldata.com

Automotive

Rivian best placed to compete with Tesla in truck and SUV categories, says GlobalData

Following the news that American electric truck startup Rivian Automotive (Rivian) has raised US$1.3bn in new funding; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view on the start-up’s journey: “In an extremely capital intensive industry such as automotive manufacturing, companies are required to raise billions of dollars and Rivian […]

Technology

Managed mobility to be prime driver of enterprise mobility in APAC over next four years, says GlobalData

Technological advancements in the connectivity solutions continue to eliminate accessibility barriers between individuals and enterprises within a broader existing digital ecosystem. The influx of connected devices has resulted in increased complexities for enterprises to manage devices connected to their network. As a result, managed mobility is expected be a major revenue driver for the overall […]

Banking

Indonesia’s e-commerce market set to surpass US$30bn in 2023, says GlobalData

Growing Internet penetration, rising foreign direct investment, benefits such as discounts and the convenience offered by online shopping are set to drive the e-commerce market in Indonesia at a compound annual growth rate (CAGR) of 16.3% from an estimated IDR238.3 trillion (US$16.6bn) in 2019 to IDR436.2 trillion (US$30.3bn) in 2023, according to GlobalData, a leading […]

Technology

China and low-end servers to continue their supremacy in APAC server market, says GlobalData

The Asia-Pacific (APAC) region has emerged as the preferred outsourcing destination for the global enterprises. Amidst this background, low-end servers and China, backed by the presence of regional server giants, will dominate the APAC server market through 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, China will continue […]

Medical Devices

Hitachi’s diagnostic imaging business will help Fujifilm to compete with global players, says GlobalData

Following the news that Japan’s Fujifilm Holdings Corp has agreed to acquire Hitachi Ltd.’s diagnostic imaging business for approximately JPY179bn (US$1.64bn); Rohit Anand, Practice Head of Medical Devices at GlobalData, a leading data and analytics company, offers his view: “Fujifilm, whose global revenues have declined from US$23.7bn in 2014 to US$21.9bn in 2019, is looking […]

Pharma

Seasonal influenza vaccine market across China, India and Japan set to reach US$1bn by 2028, says GlobalData

The size of the seasonal influenza vaccine market across the three major Asia-Pacific (APAC) growth markets (3GM*) will grow at a modest compound annual growth rate (CAGR) of 1.4% from US$914m in 2018 to US$1.05bn in 2028, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Seasonal Influenza: Forecast in Asia-Pacific Markets […]

Banking

Rise in contactless debit card payments will reduce cash-dependence in Malaysia, says GlobalData

The Malaysian payments market remains cash-reliant. However, the concerted efforts by the central bank and other stakeholders are set to gradually push the total number of card payments (including debit, credit and charge cards) from 854.2 million in 2019 to 1.9 billion in 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, […]

Technology

APAC to account for one-third of global server market in 2023, says GlobalData

The Asia-Pacific (APAC) server market is poised to grow at a compound annual growth rate (CAGR) of 6.1% between 2018 and 2023, and account for nearly one-third of global market, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, APAC is set to be the largest region with US$33.8bn server […]

Banking

Card payments in India continue to surge backed by government cashless initiatives, says GlobalData.

India is traditionally a cash-based economy. However, as a result of government initiatives, banks’ efforts and growing consumer confidence in digital payments, the total number of card payments (debit, credit and charge cards) increased by almost four times from 2 billion in 2015 to 7.8 billion in 2019, according to GlobalData, a leading data and […]

Technology

APAC to drive global virtual reality market through 2030, says GlobalData

As enterprises in the Asia-Pacific (APAC) region are keen on embracing emerging technologies like augmented reality (AR) and virtual reality (VR), the region is set to drive the global VR market between 2018 and 2030, says GlobalData, a leading data and analytics company. GlobalData’s Market Opportunity Forecasts Model on VR reveals that the global VR […]

Banking

China’s e-commerce market set to grow at CAGR of 13.3% to reach US$2.6 trillion in 2023, says GlobalData

Innovation in e-commerce services, increasing consumer confidence and improving e-commerce activities in rural areas are set to drive the e-commerce market in China to grow at a compound annual growth rate (CAGR) of 13.3% from an estimated CNY10.7 trillion (US$1.5 trillion) in 2019 to CNY17.5 trillion (US$2.6 trillion) in 2023, according to GlobalData, a leading […]

Technology

China to lead data center and hosting market growth in APAC through 2023, says GlobalData

China is set to lead the Asia-Pacific (APAC) data center and hosting market with 36% share in the region’s overall estimated revenue in 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, the data center and hosting market revenue in China is estimated to reach US$11.5bn in 2023. […]

Construction

Four out of top five firms in GlobalData’s leading 500 construction contractors list are from China

Sizeable domestic market and the increasing internationalization of project awards helped China to dominate GlobalData’s latest rankings of the leading 500 construction contractors around the world. According to GlobalData, four of the top five positions continue to be held by Chinese firms. The only non-Chinese contractor in the top five is Spain’s Actividades de Construccion […]

Business Fundamentals

Sentiments rebound for Sony with improved financial performance in Q3 2019, says GlobalData

On the back of improved financial performance and optimism around image sensors, the overall sentiments for Sony Corp. (Sony) improved significantly in the third quarter (Q3) ended 30 September 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 […]

Business Fundamentals

Real opportunity lies in involving all stakeholders to develop sustainable tourism in Europe, says GlobalData

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 […]

Technology

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 […]

Automotive

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 […]

Technology

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 […]

Automotive

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, […]

Oil & Gas

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 […]

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Rivian best placed to compete with Tesla in truck and SUV categories, says GlobalData

Managed mobility to be prime driver of enterprise mobility in APAC over next four years, says GlobalData

Indonesia’s e-commerce market set to surpass US$30bn in 2023, says GlobalData

Hitachi’s diagnostic imaging business will help Fujifilm to compete with global players, says GlobalData

Seasonal influenza vaccine market across China, India and Japan set to reach US$1bn by 2028, says GlobalData

Rise in contactless debit card payments will reduce cash-dependence in Malaysia, says GlobalData

Card payments in India continue to surge backed by government cashless initiatives, says GlobalData.

APAC to drive global virtual reality market through 2030, says GlobalData

China’s e-commerce market set to grow at CAGR of 13.3% to reach US$2.6 trillion in 2023, says GlobalData

China to lead data center and hosting market growth in APAC through 2023, says GlobalData

Four out of top five firms in GlobalData’s leading 500 construction contractors list are from China

Sentiments rebound for Sony with improved financial performance in Q3 2019, says GlobalData

Real opportunity lies in involving all stakeholders to develop sustainable tourism in Europe, says GlobalData

Moka will help Gojek to become leading player in Indonesia’s digital payments industry, says GlobalData

APAC to become highest mobility revenue contributing region globally in 2023, says GlobalData

High cost of BS-VI compliant two-wheelers will negate new model launches and impact uptake in India, says GlobalData

China heralds major energy reform with new national pipeline company, says GlobalData

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