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Majority (19) of the banks in the GlobalData’s list of top 25 publicly traded global banks by market capitalization (M Cap) reported quarter-on-quarter (QoQ) growth in the second quarter (Q2) of 2019, with JPMorgan Chase topping the list with a M Cap of US$362.7bn as on 30 June, according to GlobalData, a leading data and […]
National broadband plan and 5G adoption to drive Philippines telecom and pay-TV market through 2024, says GlobalData
National broadband plan with a focus on accelerating investment through flexible regulatory framework, encouraging public and private investments, extending broadband connectivity to public areas and improving digital literacy along with projected growth in 5G adoption will drive the telecom and pay-TV market in the Philippines between 2019 and 2024, according to GlobalData, a leading data […]
Climate change prominent theme among discussions of world’s leading CEOs, reveals GlobalData
Climate Change has emerged as the most frequently mentioned theme among the world’s leading CEOs on Twitter, with 200% growth in conversations from the second quarter (Q2) to third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s CEO Influencer platform, which captures the discussions of over […]
Maruti Suzuki’s EV launch delay raises concerns over short-term market outlook in India, says GlobalData
Following the news that Maruti Suzuki has deferred plans to launch its first electric car Wagon R EV for individual customers in India; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The news regarding the deferment of Wagon R EV launch, coupled with the news regarding […]
Government-backed RuPay ends Visa and Mastercard duopoly in India, says GlobalData.
Indian domestic card scheme RuPay registered exponential growth both in terms of cards in circulation and transaction value between 2015 and 2019, and in the process has ended the dominance of American payment giants Mastercard and Visa, according to GlobalData, a leading data and analytics company. An analysis of GlobalData reveals that the number of […]
India’s vehicle scrappage plan unlikely to produce desired results, says GlobalData
Following the news that India has issued draft guidelines for setting up authorized vehicle scrapping facilities across the country; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The draft guidelines released by the Ministry of Road Transport & Highways (MoRTH) will certainly be beneficial and help […]
Australia’s cruise industry paves way for mass expansion, says GlobalData
Traveling by sea throughout Australia is becoming a popular past time for the domestic travelers. As a result, cruise operators are increasingly joining forces to offer ‘bite-sized’ breaks along the coast for the domestic travelers, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism Source Market Insight – Australia’, reveals that although […]
New Zealand’s general insurance market to reach US$7.8bn by 2023, says GlobalData
High susceptibility to natural hazards combined with rise in residential and infrastructure construction is expected to drive New Zealand’s general insurance market from NZD8.4bn (US$5.8bn) in 2018 to NZD10.9bn (US$7.8bn) in 2023, according to GlobalData, a leading data and analytics company. General insurance is the major contributor to the growth of the overall insurance industry. […]
Number of contactless cards in Australia set to reach 68.9 million by 2023, says GlobalData
Australia is one of the most highly developed contactless markets in the world, with the majority of consumers having access to a contactless card. Against this back drop, the number of contactless cards in the country is set to increase from 59.6 million in 2019 to 68.9 million by 2023, says GlobalData, a leading data […]
Mobile broadband will drive Hong Kong telecom service revenue through 2024, says GlobalData
The total telecom and pay-TV service revenues in Hong Kong will grow at a compound annual growth rate (CAGR) of 0.8% from an estimated US$5.5bn in 2019 to US$5.7bn by the end of 2024. Mobile broadband will be the leading contributor to the country’s total telecom service revenue during 2019-2024, according to GlobalData, a leading […]
Goldman Sachs leads GlobalData’s top 20 global M&A financial advisers league table for Q1-Q3 2019
Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 20 financial advisers in the first three quarters (Q1-Q3) of 2019, according to GlobalData, a leading data and analytics company. The American investment bank advised on 249 deals worth US$982.3bn, including the big ticket deal of United Technologies’ acquisition of […]
Wachtell, Lipton, Rosen & Katz leads GlobalData’s top 20 global M&A legal advisers league table for Q1-Q3 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 three quarters (Q1-Q3) of 2019, according to GlobalData, a leading data and analytics company. The American law firm advised on 57 deals worth US$589.7bn, including a […]
Global venture capital activity remained subdued in Q3 2019, finds GlobalData
The global venture capital (VC) investment activity remained relatively flat during the months in the third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. Low value deals (investment <=US$10m) continued to dominate VC investments with 74.9% share in the overall volume, with highest number of deals announced in the range […]
Hyundai’s plan to invest US$35bn on mobility tech will accelerate commercialization of self-driving vehicles, says GlobalData
Following the news that Hyundai Motor Group plans to invest US$35bn in mobility and other auto technologies by 2025; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “Hyundai has been regularly and aggressively investing in new automotive technologies. The South Korean automotive giant recently entered into […]
Smart Homes most discussed vulnerable IoT tech among leading cybersecurity influencers in H1 2019, reveals GlobalData
‘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 […]
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, […]