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‘Smart Homes’ has emerged as the most mentioned vulnerable Internet of Things (IoT) technology among the world’s leading cybersecurity influencers on Twitter during the first half (H1) of 2019, according to GlobalData, a leading data and analytics company. GlobalData’s research reveals that the global IoT technology market is set to grow at a compound annual […]
Philippines general insurance market to reach US$2bn by 2022, says GlobalData
Susceptibility to natural calamities combined with the government’s push towards infrastructural investments and related insurance coverage is expected to drive the general insurance market in the Philippines from PHP76.6bn (US$1.5bn) in 2017 to PHP112.1bn (US$2.0bn) in 2022, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Strategic Market Intelligence: General Insurance in the […]
Decline in lending and lack of clarity around BS-VI key reasons for automotive slowdown in India, says GlobalData
The Indian automotive sector is facing an unprecedented slowdown for the last several months with sales of vehicles across all segments experiencing prolonged negative growth, Animesh Kumar, Director of Automotive at GlobalData, offers his view on in what way the current slowdown is different from the previous ones and how long will it last: “The […]
GlobalData analyses revenue and profit change of top 20 companies by sector in 2018
Oil and gas outperformed other sectors in terms of combined revenue and profitability in 2018, according to GlobalData, a leading data and analytics company. GlobalData analyzed the total year-on-year (YoY) revenue and profit change of 10 core business sectors, based on the performance of the top 20 publicly-traded companies picked based on market capitalization in […]
China’s vehicle market heading for another decline in 2019, says GlobalData
September’s China vehicle market was the 15th consecutive monthly decline in China, the world’s largest and it’s a growing concern for the global automotive sector, David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “China’s vehicle market in September fell 5.2% from the same month a year earlier to […]
Artificial intelligence will help propel ‘Made in China 2025’, says GlobalData
China is currently the second largest pharmaceutical market in the world. Big data and artificial intelligence (AI) will have significant technological impact across all the aspects of China’s pharmaceutical industry, says GlobalData, a leading data and analytics company. China is heavily investing in AI to help facilitate the growth of its innovative pharmaceutical sector. Recently, […]
Growing affluent population in Indonesia presents significant opportunity for wealth managers, says GlobalData
The anticipated growth in affluent population in Indonesia, comprising mass affluent (holding liquid assets of US$50,000–1m) and high-net-worth (HNW) population (holding liquid assets of more than US$1m) individuals, over the next three years represents a significant opportunity for wealth managers to capitalize on, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, […]
Mobile data and pay-TV services to drive overall telecom service revenue growth in Japan through 2023, says GlobalData
The total telecom and pay-TV services revenue in Japan is set to grow at a moderate compound annual growth rate (CAGR) of 2.3% between 2018 and 2023, mainly supported by the rising adoption of mobile data, fixed broadband and pay-TV services, says GlobalData, a leading data and analytics company. According to GlobalData’s fixed communications, mobile […]
India’s mobile service revenues set to reach US$39.8bn in 2024, says GlobalData
Indian mobile service revenues are forecasted to double from US$19.6bn in 2018 to US$39.8bn by 2024 due to consolidation, competitive pricing, increasing smartphone penetration and favorable regulatory landscape, says GlobalData, a leading data and analytics company. The Indian mobile telecommunication market stands second worldwide after China with over 1.2 billion mobile subscribers in 2018. An […]
GlobalData presents top 20 global innovative pharma companies by market capitalization in Q1 2019
Takeda Pharmaceutical Co Ltd broke into the list of top 20 publicly traded innovative global pharmaceutical companies based on market capitalization (Market Cap) during the first quarter (Q1) ended 31 March 2019, according to GlobalData, a leading data and analytics company. Takeda’s Market Cap during Q1 2019 grew to US$63.4bn, at the back of its […]
Tokyo tops GlobalData’s list of top 25 cities by GDP in 2018
Tokyo has edged past Beijing, Paris, Seoul and London to emerge as the top city in the revenue analysis of top 25 global cities with highest GDP based on total revenue generated by the public companies headquartered in each city in 2018, according to GlobalData, a leading data and analytics company. GlobalData analyzed more than […]
Recession top discussed theme among leading economists during H1 2019, reveals GlobalData
Recession has emerged as the most frequently mentioned economic theme among the world’s leading economists on Twitter, with an average 40% monthly growth in conversations during the first half (H1) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Macroeconomics Influencer Platform, which tracks leading global economists and their […]
US firms dominate top 10 VC investors list in IoT tech space in 2018, finds GlobalData
The US was home to majority of the global top 10 venture capital (VC) investors in the Internet of Things (IoT) tech space in 2018, according to GlobalData, a leading data and analytics company. The top 10 VC investors (Baidu, Amazon Alexa Fund, Intel Capital, Robert Bosch, Northern Light Venture Capital, Khosla Ventures, Parkwalk Advisors, […]
US tops cross-border M&A activity in technology sector in 2018, finds GlobalData
The US registered the highest outbound as well as inbound mergers and acquisitions (M&A) deal volume in the technology sector in 2018, finds GlobalData, a leading data and analytics company. M&A Outbound All the top 10 positions in terms of the number of outbound M&A deals were occupied by developed nations with the US leading […]
Card payments in Vietnam set to grow at 17.8% to reach 522.5 million in 2023, says GlobalData
Card payments in Vietnam are set to grow at a compound annual growth rate (CAGR) of 17.8% from 271 million in 2019 to 522.5 million in 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Vietnam Cards & Payments: Opportunities and Risks to 2023,’ reveals that the number of card payments increased […]
Indian spirometers market set to grow at CAGR of 5% between 2018 and 2028, says GlobalData
The Indian spirometers market is expected to grow at a compound annual growth rate (CAGR) of approximately 5% between 2018 and 2028 due to rise in the prevalent cases of chronic obstructive pulmonary disease (COPD), according to GlobalData, a leading data and analytics company. GlobalData forecasts the prevalent cases of COPD in India to increase […]
Six out of top 10 internationally visited cities in 2018 are from Asia, finds GlobalData
Tourism friendly policies, low cost connectivity and weak currencies played a vital role in attracting international visitors to Asia with six out of the top 10 cities in terms of international visitor arrivals in 2018 were from the region, according to GlobalData, a leading data and analytics company. Bangkok, Singapore, Tokyo, Hong Kong, Seoul and […]
Concerted efforts required by both Indian pharma industry and government to boost innovation in India, says GlobalData
The Indian Pharmaceutical Alliance (IPA) has recently urged the government to set up a fund to boost technological innovation in the bio/pharma space. This push to promote innovation by creating a research ecosystem is important because the Indian pharmaceutical industry is set to grow from nearly US$31bn in 2018 to more than US$38.0bn by 2022, says GlobalData, […]
Mobile data to be leading revenue contributor to China’s telecom and pay-TV market through 2023, says GlobalData
Mobile data will be the largest revenue-contributing segment to the China’s telecom and pay-TV market between 2018 and 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Country Intelligence Report’, states that the total telecom and pay-TV services revenue in China is poised to grow at a moderate compound annual growth […]
Direct sales channel set to diminish dominance of brokers and agents in Indian general insurance, says GlobalData
The rise of direct sales channel is set to diminish the traditional dominance of the brokers and agents in the Indian general insurance business over the next three years, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Strategic Market Intelligence: General Insurance in India – Key Trends and Opportunities to 2022’, reveals […]