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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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India’s electronic health record market set to grow at a CAGR of 5% through 2025, driven by adoption of digital health, says GlobalData

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, […]
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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, […]
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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 […]
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