GlobalData
GlobalData

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China’s wealth market growth continues to drive affluent population growth, says GlobalData

The Chinese wealth market remains resilient and continues to grow despite the impact of COVID-19, driving the Chinese mainland affluent population growth. This population, including the mass affluent investors (holding liquid assets of US$50,000–$1m) and High-net-worth (HNW) individuals (holding liquid assets of more than US$1m), is expected to grow by 9.0% to reach 58.2 million […]
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Mir is breaking Mastercard and Visa duopoly in Russia by eroding their market shares and establishing itself as a strong payment service provider, says GlobalData

As of 2020, 74.6 million debit cards were issued by Mir, representing 28.62% of all debit cards in circulation Since 2016, while international schemes lost their market shares in the debit card space, Mir’s market share has risen to 25.3% in terms of transaction value. US and EU sanctions imposed on Russia in 2014 were […]
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Lyon, Paris, Madrid, Barcelona, London and Manchester to witness faster economic recovery in 2021, says GlobalData

The easing of lockdown restrictions and effective rollout of vaccines have boosted market sentiment in Europe. With economic recovery gathering pace, the combined real GDP of the 20 major Western European metropolitan areas is forecasted to grow by 4.34% for 2021, according to GlobalData, a leading data and analytics company. Among the most affected regions, […]
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Payment remains lucrative investment avenue in APAC for venture capitalists during Q1 21, finds GlobalData

With consumers embracing financial technologies, digital payments firms are fast disrupting the hegemony of traditional players in the payment value chain globally, a trend which is more prevalent in Asia-Pacific (APAC) markets such as China and India. Against this backdrop, payment segment is emerging as a lucrative investment avenue for venture capitalists (VCs), according to […]
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Government measures and upcoming global sporting events to drive card payments in Japan, says GlobalData

Card payments in Japan are set to rise by 9.5% in 2021 supported by improving economic conditions, rising consumer spending and the upcoming international sports events, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, with the reopening of the economy, government measures to encourage electronic payments, easing of travel […]
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Global deal activity shows signs of improvement, registers 11% growth in March 2021, finds GlobalData

A total of 5,566 deals (comprising mergers & acquisitions, private equity, and venture financing deals) were announced globally during March 2021, which is an increase of 11% over 5,013 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Global deal activity has remained […]
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