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Latest advances in mobile Internet technologies and growth in the adoption of smartphones has brought about a shift in the way people make payments and retailers are also taking a note of it. Against this backdrop, mobile payment technology is set to be the next big thing in retail sector, according to GlobalData, a leading […]
Artificial intelligence to drive digital transformation amongst APAC telcos, says GlobalData
Majority of telcos in the Asia-Pacific (APAC) region are integrating artificial intelligence (AI) tools and platforms into their existing business processes and vertical specific functionalities to enhance customer experience and services offerings, and ultimately bolster revenue margins, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that telcos are integrating AI in application […]
GlobalData presents top 25 global technology companies by market capitalization in Q1 2019
Eight of the top 10 companies remained unchanged in the GlobalData’s list of Top 25 publicly traded global technology companies by market capitalization (M Cap), with the exception of Facebook and Tencent swapping their places at fourth and fifth positions, during the first quarter (Q1) ended 31 March 2019. Facebook’s M Cap increased by 26.3% […]
China’s revised drug law will allow greater access for Indian companies, says GlobalData
Following the recent news that China has revised its drug laws to remove drugs that are legal in foreign countries but not approved in China from the category of ‘fake medicines’ from 1 December 2019, and made Market Authorization Holder changes permanent, Peter Shapiro, Senior Director of the Drugs and Business Fundamentals at GlobalData, a […]
India’s telecom and pay-TV market to grow at CAGR of 6.8% during 2019–2024, says GlobalData
The total telecom and pay-TV services revenue in India is poised to grow at a compound annual growth rate (CAGR) of 6.8% during 2019-2024, driven by growth in mobile data, mobile voice and fixed broadband segments, according to GlobalData, a leading data and analytics company. GlobalData’s ‘India Telecom Operators Country Intelligence Report’ states that mobile […]
Oil and gas sector continues to rule 2019 Fortune Global 500 list in revenue generation, finds GlobalData
Oil and gas sector has dominated the Fortune Global 500 list of world’s largest companies with a year-on-year (YoY) revenue growth of 23.4% in 2019, according to an analysis by GlobalData, a leading data and analytics company. GlobalData analyzed the YoY change in revenue and profits, and the geographical spread of the Fortune Global 500 […]
US tops cross border M&A activity in financial services sector in 2018, finds GlobalData
The US registered the highest outbound as well as inbound mergers and acquisitions (M&A) investments volume in the financial services sector in 2018, finds GlobalData, a leading data and analytics company. Outbound M&A deals All the top 10 countries witnessed an increase in the number of outbound investments in 2018 as compared to the 2014-2017 […]
Mobile wallet transactions in India will reach INR2 trillion in 2019, says GlobalData
The Indian mobile wallet market is evolving at a rapid pace. Mobile wallet transactions in India are set to grow from INR1.7 trillion (US$24.9bn) in 2018 to INR2 trillion (US$28.7bn) in 2019, says GlobalData, a leading data and analytics company. GlobalData’s 2019 Banking and Payments Survey reveals that India is one of the top markets […]
Higher vehicle ownership across developing nations comes at a cost, says GlobalData
Vehicle ownership per person across developing nations such as China and Russia has been growing at a fast pace due to rise in income per capita. Even though it creates an opportunity for the global automotive players to tap into the emerging markets, the growth comes at a cost, says GlobalData, a leading data and […]
APAC held majority of US$4.5 trillion global net profit pool in 2018, says GlobalData
Asia-Pacific (APAC) dominated the US$4.5 trillion global net profit pool with a share of 38.2% in 2018, according to a new study by GlobalData, a leading data and analytics company. The study, based on a sample size of more than 41,000 global public companies across a number of GlobalData core sectors, reviewed the sectorial and […]
Nestle to stabilize Maggi’s position with new launches in India, says GlobalData
Maggi, the flagship brand of Nestle in India, was hit by nationwide ban due to high lead content and use of excess MSG in 2015. This has not only impacted the sales but also the brand stature severely. Change in formulation, huge investments in marketing campaigns and launch of new variants helped the brand to […]
Card payments will surpass cash in South Korea by 2020, says GlobalData
The South Korean card market is well developed with high card penetration and frequency of card payments. Cards are expected to surpass cash in terms of payment volume to become the dominant payment instrument by 2020, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Cards & Payments: Opportunities and Risks […]
Sentiments remain high for Apple amidst declining sales and ongoing US-China trade war, says GlobalData
Despite declining iPhone sales for the second consecutive quarter and the ongoing US-China trade war, the overall sentiments for Apple Inc. (Apple) remain high, according to GlobalData’s Company Filing Analytics platform, which analyzes and showcases sentiments across companies and sectors by scanning through earning transcripts and filing documents. Apple’s revenue declined by 7.2% in the […]
Key innovation trends to watch out for in APAC confectionery sector in 2019, says GlobalData
Rising concerns related to high sugar consumption, artificial ingredients and boredom with regular indulgence are driving consumers to move away from traditional confectionery products, thereby forcing the manufacturers to develop exciting and healthy products, according to GlobalData, a leading data and analytics company. Dharma Teja, Consumer Analyst at GlobalData, highlights the major innovation trends that […]
Taiwan’s push for card and mobile-based payments will reduce cash dependency, says GlobalData
While cash remains the preferred payment method in Taiwan, its share in the country’s total payment volume is expected to decline from 69.1% in 2019 to 59.7% in 2023 due to the rising preference for electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Taiwan Cards & Payments: Opportunities and Risks […]
Cosmetics & toiletries industry in Philippines forecast to be worth US$4.2bn in 2023, says GlobalData
Fuelled by increasing disposable income on the back of growing employment levels, the cosmetics & toiletries industry in the Philippines is expected to grow at a compound annual growth rate (CAGR) of 4.9% from ₱180.1bn (US$3.4bn) in 2018 to ₱228.8bn (US$4.2bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Cosmetics […]
Philippines drives renewable power to improve energy security, says GlobalData
The Manila Electric Company (Meralco), the largest private sector electric distribution utility company in the Philippines, has launched auctions for 2.9 gigawatt (GW) of generation capacity. The utility also plans to deploy 1GW of renewable power. Tarun Bhutani, Power Analyst at GlobalData, a leading data and analytics company, offers his view on the development: “With […]
Oil and gas sector tops Forbes 2019 list of world’s largest public firms in revenue generation, finds GlobalData
Oil and gas edged past technology and communication to emerge as the top sector in the Forbes 2019 list of world’s largest public companies with a 16.2% year-on-year (YoY) growth in revenue generation, according to GlobalData, a leading data and analytics company. GlobalData analyzed the YoY change in sales and profits of the top 10 […]
Asia leads global LNG regasification industry with 63% capacity growth from new-build projects by 2023, says GlobalData
Asia is expected to lead the global LNG regasification industry capacity growth from new-build (planned and announced) projects between 2019 and 2023 with 63% share, according to GlobalData, a leading data and analytics company. The company’s report ‘Global LNG Regasification Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating […]
Global endoscope market set to register CAGR of 7.4% between 2018 and 2025, says GlobalData
The global endoscope market is expected to grow at a compound annual growth rate (CAGR) of 7.4% from US$5.9bn in 2018 to US$9.7bn by 2025, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that increase in the elderly population and prevalence of cancer, intensive use of minimally-invasive techniques and increased adoption of […]