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The Indian electronic health records (EHRs) market, which accounted for approximately 9% of the Asia-Pacific (APAC) EHR market in 2018, is expected to grow at a compound annual growth rate (CAGR) of 5% through 2025. India’s plan to digitize its healthcare system with interoperable electronic health records (EHRs) will further drive the country’s EHR market, […]
Trends to watch-out for in Asia-Pacific non-alcoholic beverage sector in 2019, according to GlobalData
An erosion of traditional beverage segments has resulted in migrating flavors and new packaging methods to reignite consumer interest in the non-alcoholic beverage sector across the Asia-Pacific (APAC) region. Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, highlights major innovation trends and opportunities that are going to impact the production, […]
US and China rein in global VC funding activity in two consecutive months in Q2 2019, finds GlobalData
Global venture capital (VC) investment witnessed a gradual decline in two consecutive months (May and June) in the second quarter (Q2) of 2019, primarily due to a decline in the total number of VC investments in the US and China, according to GlobalData, a leading data and analytics company. The US and China collectively accounted […]
Financial instability and hyperinflation are driving a shift to electronic payments in Venezuela, says GlobalData
Venezuela is currently undergoing an economic crisis due to declining global oil prices, over-reliance on oil exports and the government’s restricted fiscal policy. Amid political and economic turmoil, non-cash payments in the country are growing rapidly, with payment cards leading the way, says GlobalData, a leading data and analytics company. The company’s report, Payments Landscape […]
China to spearhead global liquids storage capacity growth by 2023, says GlobalData
China is expected to lead the global capacity growth of planned and announced liquids storage terminals by 2023, accounting for 26% of global new-build liquids storage terminals’ capacity, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global Capacity and Capital Expenditure Outlook for Liquids Storage – China Underpins Global […]
Australia’s construction industry set to regain growth momentum from 2020, says GlobalData
Australia’s construction industry, which is currently facing a troubled period, is set to regain growth momentum from 2020 on the back of a range of major infrastructure development programs and projects, according GlobalData, a leading data and analytics company. GlobalData’s report, ‘Construction in Australia – Key Trends and Opportunities by State and Territory to 2023’, […]
Iran, Russia and US to drive global methanol capacity additions by 2030, says GlobalData
Iran, Russia and the US are expected to drive the global methanol industry growth from planned and announced plants between 2019 and 2030. Together these three countries will contribute around 64% of the total global methanol capacity additions, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Methanol Capacity and Capital […]
India’s Positive Airway Pressure devices market set to grow at CAGR of 6.9% between 2018 and 2028, says GlobalData
The Indian Positive Airway Pressure (PAP) devices market, which accounted for approximately 26% of the Asia-Pacific PAP devices market in 2018, is expected to grow at a compound annual growth rate (CAGR) of approximately 6.9% between 2018 and 2028 , according to GlobalData, a leading data and analytics company. The company’s report: ‘Positive Airway Pressure […]
Anti-pollution food and drinks represent an emerging but lucrative segment, says GlobalData
Anti-pollution has the potential to become an on-trend and highly lucrative product claim in the food and drinks sector. Against this backdrop, manufacturers must act quickly to capitalize on the opportunity and take credible steps to actually address the issue of pollution, rather than simply profit from its existence, says GlobalData, a leading data and […]
India needs to address key issues plaguing pipelines sector to achieve goal of raising natural gas share in energy mix, says GlobalData
India plans to spend around US$10.2bn on the expansion of its natural gas pipeline network across the country to raise the share of natural gas in the country’s primary energy mix. However, India needs to address the key issues plaguing the country’s pipelines sector to encourage natural gas demand and achieve its goal, says GlobalData, […]
Global tech giants remain most active acquirers in AI tech space during 2014–2018, says GlobalData
Deal making landscape in the artificial intelligence (AI) tech space during 2014–2018 was dominated by global tech giants, according to GlobalData, a leading data and analytics company. Of the top five acquirers, four were based out of the US, with Ireland-based Accenture being the only exception in the list. The four US-based companies–Facebook, Microsoft, Apple […]
Wachtell, Lipton, Rosen & Katz leads GlobalData’s top 20 global M&A legal adviser league table for H1 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 half (H1) of 2019, according to GlobalData, a leading data and analytics company. The American law firm advised on 36 deals worth US$528.1bn, including a major […]
Electronic payments to overtake cash in Portugal by 2020, says GlobalData
Even though cash remains the most preferred mode of consumer payment currently in Portugal, electronic payments are set to surpass it by 2020, supported by government initiatives and improved payment infrastructure, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Payments Landscape in Portugal: Opportunities and Risks to 2022’, reveals that the share […]
India to contribute 35% of Asia and Oceania’s LNG regasification capacity growth in 2023, says GlobalData
India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 35% of the total growth, according to GlobalData, a leading data and analytics company. The company’s report ‘LNG Regasification Industry Outlook in Asia and Oceania to […]
Despite slowdown in capacity additions, China will continue to lead global steam turbine market between 2019 and 2023, says GlobalData
The global steam turbine market registered a market value of US$9.25bn in 2018, primarily driven by growth in China. Despite a slowdown in capacity additions, the country will continue to lead the global market, followed by India, the US, Egypt and Vietnam, between 2019 and 2023, according to GlobalData, a leading data and analytics company. […]
Lawsuits, EU regulation and poor FDA inspection scores threaten India’s generic pharma companies’ share of lucrative US market, set to be worth US$464bn by 2022, says GlobalData
India is the largest supplier of generic drugs in the world and more than 30% of its pharmaceutical exports, including branded drugs and generics, by volume are to the US market. However, a series of setbacks for the country’s pharma companies operating in the US, including price fixing allegations, manufacturing quality questions and new EU […]
China to drive global propylene industry growth between 2019 and 2030, says GlobalData
China is expected to drive the global propylene industry growth from planned and announced plants between 2019 and 2030, contributing around 33% of the total propylene capacity additions, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Propylene Capacity and Capital Expenditure Outlook, 2019 – China and India to Lead Globally […]
Goldman Sachs leads GlobalData’s top 20 global M&A financial adviser league table for H1 2019
Goldman Sachs has secured number one position in the latest global mergers and acquisitions (M&A) financial advisers’ league table based on deal value in the first half (H1) of 2019, according to GlobalData, a leading data and analytics company. The American bank advised on 156 deals worth US$691.9bn, including two major deals–United Technologies’ acquisition of […]
Zolgensma’s reimbursement challenges are expected to be overcome, says GlobalData
Following the news that Swiss pharma major Novartis is finding it difficult to win payer coverage for its new $2.1m gene therapy to treat spinal muscular atrophy (SMA)–Zolgensma, Vinie Varkey, Senior Analyst of Neurology & Ophthalmology at GlobalData, a leading data and analytics company, offers her view: “The situation is not perceived as one that […]
Solar and wind segments to lead renewable power growth in Sweden during 2019–2030, says GlobalData
The overall renewable power capacity, excluding hydropower, in Sweden is projected to more than double from 14.8 gigawatt (GW) in 2019 to 30.4 GW in 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Sweden Power Market Outlook to 2030, Update 2019 – Market Trends, Regulations, and Competitive Landscape’, reveals that […]