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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 […]
Loss of Exxon Mobil unlikely to impact Norwegian upstream development landscape
Following the recent news that Exxon Mobil Corp (Exxon Mobil) is seeking bids for its Norwegian oil and gas fields, Daniel Rogers, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the announcement: “The withdrawal of Exxon Mobil will have little impact on the Norwegian upstream landscape, with […]
China and India to lead global polypropylene capacity additions by 2023, says GlobalData
Global polypropylene capacity is poised to see a considerable growth of 48% from 80.39 million tonnes per annum (mtpa) in 2018 to 118.66 mtpa in 2023, led by Asia and the Middle East, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Polypropylene Industry Outlook to 2023 – Capacity and Capital Expenditure […]
John Lewis becomes the latest retailer to adopt virtual and augmented reality technology as theme gains traction, says GlobalData
The adoption of virtual reality (VR) and augmented reality (AR) as a key technology theme for the future will be showcased by UK department store chain John Lewis from this week when three of its stores, Kingston, Cambridge and Horsham will utilise the technology to enable customers to visualise how the company’s interior products will […]
Asia and North America to lead global ethylene capacity additions by 2023, says GlobalData
Global ethylene capacity is poised to register a considerable growth of 40% from 189.13 million tonnes per annum (mtpa) in 2018 to 264.13 mtpa in 2023, led by Asia and North America, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Ethylene Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts […]
Surging debt levels a threat to global economic stability, says GlobalData
Globalization has transformed the economic frameworks of both developed and emerging nations. However, along with steady economic growth, several countries have also witnessed high rise in their debt burden, both private and public alike. Against this backdrop, GlobalData, a leading data and analytics company, cautions governments against relying too much on debt and calls for […]
Global risk intensified in Q1 2019, says GlobalData
An analysis of GlobalData’s Country Risk Index (GCRI) reveals that the overall global risk score increased from 40.4 in the fourth quarter (Q4) of 2018 to 41.2 out of 100 in the first quarter (Q1) of 2019. GCRI is formulated to help companies prepare their global business strategies and analyze risk parameters pertaining to the […]
Hype around digital wallets and online transactions helped deal activity to remain strong in payment tech space in 2018, says GlobalData
The payments technology space remained hot in 2018 as several venture capital (VC) investors ranging from Sequoia Capital to Tiger Global Management to Ribbit Capital continued to grab a piece of this massive industry, says GlobalData, a leading and data analytics company. All the top 10 global VC investors (Sequoia Capital, Digital Currency Group, Andreessen […]
China’s NOCs to be fourth highest upstream investors in Africa over next five years, says GlobalData
China’s national oil companies (NOCs) are increasingly investing in Africa to secure oil supplies to help feed surging domestic energy demand. As a result, their development and production capital expenditure (capex) in Africa’s upstream sector is forecast to be the fourth highest between 2019 and 2023, behind global counterparts BP Plc, Royal Dutch Shell Plc […]
Array BioPharma acquisition will accelerate Pfizer’s position as a major player in colorectal cancer, says GlobalData
Following the news that Pfizer has agreed to acquire Array BioPharma in a deal worth approximately $11.4bn, Tajekesa Chapman, PhD, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers her view on the potential of this buy-out on the treatment of colorectal cancers: “At first glance, it may seem that Pfizer is […]
Oil and gas industry gearing up for robotics adoption to drive productivity and efficiency, says GlobalData
The oil and gas industry is gearing up to deploy robotics across a wide range of applications in the upstream, midstream and downstream segments, primarily to drive productivity and efficiency amid volatility in crude prices, according to GlobalData, a leading data and analytics company. The company’s latest thematic report: ‘Robotics in Oil & Gas’ reveals […]
Colombia set to reach 66.2 million mobile subscriptions by 2023 as 4G becomes the leading technology
With 60.8 million mobile subscriptions at the end of 2018, Colombia accounted for approx 8.5% of total mobile subscriptions in Latin America, according GlobalData, a leading data and analytics company. Leandro Agion, Technology Analyst at GlobalData comments, ‘’ By the end of 2023 total mobile subscriptions in Colombia are set to reach 66.2 million as […]
Faulty hip implants highlight need for separate medical device regulatory authority in India, says GlobalData
The faulty Johnson and Johnson (J&J) articular surface replacement (ASR) hip implants case, which caused distress to thousands of patients in India, highlights the need for a separate regulatory authority for medical devices in the country, says GlobalData, a leading data and analytics company. Reportedly, DePuy International, a Johnson & Johnson subsidiary, had informed the […]
Investment in electricity network expansion crucial for Argentina to avoid another power disruption
Following the massive power disruption that crippled the Argentinian power systems, Ankit Mathur, Practice Head of Power at GlobalData, a leading data and analytics company, offers his view on Argentina’s power industry: “The power outage uncovered the decrepit state of power infrastructure in Argentina and with an increasing population and urbanization the power demand is […]
36% of global consumers would buy fewer chocolate if a sugar tax was introduced
With countries such as the UK considering a new taxation on sugar confectionery in 2020 if manufacturers fail to decrease their sugar content by 30%, chocolate and confectionery brands are compiling new tactics and strategies in order to stay in front of their competitors, says GlobalData, a leading data and analytics company. Whilst Cadbury replaced […]
Opportunity for Indian pharmaceutical industry to capitalize on escalating US-China trade war, says GlobalData
It’s been more than a year since China and the US are engaged in an escalating trade battle involving mutual placement of punitive tariffs. However, in the latest round, the US has excluded pharmaceuticals as a category from the list of trade war tariffs. This presents an opportunity for the Indian pharmaceutical industry, according to […]
World’s first non-invasive continuous glucose monitor SugarBEAT set to disrupt wearable health tech space, says GlobalData
Nemaura Medical has recently received European approval for its world’s first non-invasive continuous glucose monitor (CGM) SugarBEAT. Given the pace at which the wearable health tech space is growing, the UK-based medtech company is best placed to disrupt the multi-billion-dollar global diabetic and pre-diabetic markets, says GlobalData, a leading data and analytics company. Diabetes is […]
Global smart meters market set to reach US$7.06bn in 2023
The global smart meters market is estimated to be worth US$7.06bn in 2023, increasing from US$5.8bn in 2018, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Smart Meters, Update 2019 – Global Market Size, Competitive Landscape and Key Country Analysis to 2023’ reveals that this growth will be driven by evolving information […]
Mondelez embraces evolving consumer trends with 30% less sugar Cadbury Dairy Milk variant launch in India and UK, says GlobalData
Following the news on 10th June 2019 that Mondelez has launched a new variant of the Dairy Milk chocolate with 30% less sugar in the UK and India simultaneously as part of its strategy to expand its portfolio in the premium (health & wellness) segment, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data […]
Small Export Guarantee scheme will revive solar PV installations in UK
Following the recent news that the UK has announced it will promote renewable energy as part of its new Small Export Guarantee (SEG) scheme, Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view on what this means for solar PV installations in the UK: “With the introduction of the new […]