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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 […]
Plant-based products key discussed theme among influencers during Q3 2019, reveals GlobalData
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, […]