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Following today’s (11 July 2019) news that Amgen, Novartis and Banner Alzheimer’s Institute have decided to discontinue the development of their BACE1 inhibitor pipeline drug CNP520 (umibecestat) in two pivotal Phase II/III studies in the Alzheimer’s Prevention Initiative Generation Program, Maura Musciacco, Senior Director of Neurology & Ophthalmology at GlobalData, a leading data and analytics […]
CoCo Ichi’s foray into India’s foodservice market opens doors to new age experimental cuisine, says GlobalData
Following the recent announcement that Japan’s largest curry rice chain Ichibanya (CoCo Ichi) has formed a 60:40 joint venture (JV)–Ichibanya India–with Mitsui & Co to foray into the Indian foodservice market, Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, offers his views: “High levels of urbanization, increasing disposable incomes and […]
American firms remain at forefront of VC investment in AI tech space, says GlobalData
Venture capital (VC) funding in artificial intelligence (AI) startups hit a record high in 2018 with the top 10 VC investors participating in a total of 150 funding rounds, which is an increase of 66.7% over the 2014–2017 average. Eight of the global top 10 VC investors in the AI tech space in 2018 were […]
Elderly population to outpace overall population growth rate between 2018 and 2025 in Americas, says GlobalData
Increasing life expectancy, decreasing mortality rates and low birth rates in cities in the Americas has led to a rise in the elderly population (aged 65 and over). Against this backdrop, 116 out of 710 metropolitan cities from the American region will have more than 20% of the population in the age band of 65 […]
India leads globally on urea capacity additions by 2030, says GlobalData
India is expected to drive the global urea industry growth from planned and announced plants between 2019 and 2030, contributing around 24% of the total urea capacity additions, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Urea Capacity and Capital Expenditure Outlook, 2019 – India and Iran Lead Global Capacity […]
Key innovation trends in Asia-Pacific dairy sector to watch out for in 2019, according to GlobalData
From shifting focus to value-added products to greater focus on transparency and traceability to building consumer’s trust and brand loyalty, the dairy sector in Asia-Pacific (APAC) has undergone a significant transformation over the past decade and it continues to evolve. As we are half way through 2019, new dairy trends lie further to embrace. Puneet […]
Global surgical energy instruments market set to reach US$14.5bn by 2028, says GlobalData
The global surgical energy instruments market is expected to grow at a compound annual growth rate (CAGR) of 5% to reach US$14.5bn by 2028, according to GlobalData, a leading data and analytics company. The company’s report: ‘Surgical Energy Instruments – General Surgery Market Analysis and Forecast Model’ reveals that the rising number of surgical procedures, […]
GlobalData presents growth snapshot of top 25 publicly-traded global technology companies by revenue in 2018
Increase in demand for products and a significant rise in online advertisement revenue helped semiconductor manufacturers and Internet-based solutions providers to lead GlobalData’s list of top 25 publicly-traded global technology companies by revenue in 2018. GlobalData analyzed the year-on-year (YoY) change and compound annual growth rate (CAGR) of the publicly-traded technology companies in terms of […]
US leads list of top acquirers in payment tech space during 2014–2018, finds GlobalData
Three out of the top five mergers and acquisitions (M&A) deal makers (in terms of volume) during 2014– 2018 were from the US, according to GlobalData, a leading data and analytics company. Germany-based Wirecard AG (Wirecard) and China-based Ant Financial Services Group (Ant Financial) were the two other companies featured in the top five list. […]
Susquehanna county drives natural gas production in Marcellus Shale in US, says GlobalData
Majority of the drilling and production activity in the Marcellus shale continues to take place in northeast and southwest of Pennsylvania, especially in Susquehanna and Washington counties, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Marcellus and Utica Shales in the US, 2019 – Gas Shales Market Analysis and Outlook […]
Key innovation trends in beverage sector to watch out for in APAC in 2019, according to GlobalData
The beverage sector has undergone a significant transformation over the past decade in line with changing consumer preferences. Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, highlights six major innovation trends that are set to impact the production, marketing and sales of the beverage sector in Asia-Pacific (APAC) in 2019. […]
Brazil leads global offshore crude and condensate production from new-build projects in 2025, says GlobalData
Brazil alone is expected to contribute around 18% or 1,455 thousand barrels per day (mbd) of global crude oil and condensate production from key offshore planned and announced projects (new-build projects) in 2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘Production and Capital Expenditure Outlook for Key Planned and Announced […]
Introduction of instant payments system and rising adoption of contactless technology set to reduce cash dependency in Slovenia, says GlobalData
The launch of Slovenia’s first instant payments clearing system–RealTime24/7–by Slovenia-based payments company Bankart and Nordic payment processor Nets earlier this year is expected to drive electronic payments adoption and reduce consumers’ dependence on cash over the next five years, observes GlobalData, a leading data and analytics company. The company’s latest report, Payments Landscape in Slovenia: […]
Rooftop solar power generation scheme will help India reach solar mission target by 2022, says GlobalData
Following the recent announcement that the state government of Gujarat in India plans to launch a rooftop solar power generation scheme for slum areas, Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view on what this means for solar PV installations in India: “GlobalData forecasts solar PV installation in […]
GlobalData presents growth snapshot of top 25 publicly-traded global banks by revenue in 2018
GlobalData analyzed the year-on-year (YoY) change and compound annual growth rate (CAGR) of the publicly-traded global banks over the past five years in revenue (interest income + non-interest income), net profit and total assets, and ranked them based on their latest revenue. IMAGE FOR PUBLICATION: Please click here for enlarged chart Of the top 25 […]
Czech Republic embracing contactless payment technology supported by wide merchant acceptance and improved infrastructure, says GlobalData
Czech consumers are adopting contactless payments in ever-increasing numbers, with almost every individual now holding a contactless card, says GlobalData, a leading data and analytics company. GlobalData’s latest report, Payments Landscape in the Czech Republic: Opportunities and Risks to 2022, reveals that the number of contactless cards in the Czech Republic is set to increase […]
Fonterra Future Dairy launches Dreamery brand to strengthen its footprint in value-added dairy product space in India, says GlobalData
Following the recent news that Fonterra Future Dairy, the joint venture between the New Zealand-based dairy nutrition company Fonterra and the Future Group, has unveiled dairy brand Dreamery in India, Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, offers his views: “The launch of dairy brand Dreamery is in line […]
US tops cross border M&A activity in CPG sector in 2018 despite growing concerns, says GlobalData
The US registered the highest outbound as well as inbound mergers and acquisitions (M&A) investment volume and value in the consumer packaged goods (CPG) sector in 2018, despite growing concerns over protectionism, trade wars and heightened regulations, finds GlobalData, a leading data and analytics company. M&A Outbound Out of the top 10 positions in terms […]
Bombardier’s sale of commercial aircraft division to Mitsubishi Heavy Industries is part of larger trend, says GlobalData
Following the news on 25th June 2019 that Japan-based Mitsubishi Heavy Industries has agreed to buy Bombardier’s Canadair Regional Jet (CRJ) aircraft program for US$550m, Nicolas Jouan, Aerospace, Defense & Security Analyst at GlobalData, offers his view: “Bombardier’s emblematic CRJ regional jets series has been one of the most successful in the world since its […]
Asia remains bright spot for world’s leading wealth managers, says GlobalData
Even as the market leaders of the world’s private wealth management industry suffered a rare setback in 2018, Asia continues to be a bright spot for the world’s leading wealth managers, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Global Wealth Management Competitor Analytics reveals that the assets under management […]