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After years of uncertainty due to economic instability, the number of outbound travellers departing from Russia is set to increase overall by 10.4% by 2023 from 45.3 million in 2018 to 50.2 million in 2023, says GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Tourism Source Market Insight: Russia’ reveals that with improved […]
Fujitsu’s ocean plastic waste pledge will help it to capture consumer sentiments, says GlobalData
Following the news on 11th June 2019 that Japanese multinational IT equipment and services giant Fujitsu Ltd has expanded its initiative to reduce plastic use in business activities to resolve the ocean plastic waste problem, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “This strategic move by […]
Younger demographics key to optimizing online brand sales and product discovery
According to the latest research by GlobalData, a leading data and analytics company, 82% of global consumers claim to own and use a smartphone every day, however just 38% of them say that they use it to make online purchases. IMAGE FOR PUBLICATION: Please click here for enlarged chart George Henry, Consumer Analyst at GlobalData […]
Asia and North America to lead global polyethylene capacity additions by 2023
Global polyethylene capacity is poised to see considerable growth over the next five years, potentially increasing from 110.12 million tonnes per annum (mtpa) in 2018 to 157.02 mtpa in 2023, registering a total growth of 43%, led by Asia and North America, says GlobalData, a leading data and analytics company. The company’s report: ‘Global Polyethylene […]
Israel will emerge as gas exporter in Eastern Mediterranean region by mid-2020s, says GlobalData
Israel has gone through an energy production revolution owing to discoveries of natural gas resources such as the Tamar and Leviathan fields over the past decade. Against this backdrop, the country’s gas production will significantly exceed demand and it will emerge as a gas exporter in the Eastern Mediterranean region by mid-2020s, says GlobalData, a […]
Spending on automated home devices to hit $75bn by 2025
Global spending on automated home devices is expected to reach $75bn by 2025, up from $23bn in 2018, according to GlobalData, a leading data and analytics company. According to the company’s latest report ‘Thematic Research: Automated home’, much of that growth will be driven by two types of devices: smart thermostats, which are becoming increasingly common as […]
BMW and Jaguar Land Rover collaboration targets slice of 19m electric vehicle sales per year by 2033
Following the recent news that Jaguar Land Rover and BMW are to work together on electric vehicle components, David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view on the news: “News that these two car companies are planning to collaborate to engineer and manufacture Electric Drive Units (EDUs) for next […]
US leads globally on new-build trunk oil and gas pipeline additions by 2023
The US is expected to add the highest trunk pipeline length in the global oil and gas pipelines industry between 2019 and 2023, contributing a total length of 45,420km, which will account for around 18% of the total pipeline length additions from planned and announced (new-build) projects, according to GlobalData, a leading data and analytics […]
VC investors placing bigger bets but in fewer promising companies, says GlobalData
In a clear sign that the venture capital (VC) market is becoming more pragmatic, VC investors are scrutinizing deals and cautiously betting big on fewer promising companies, says GlobalData, a leading and data analytics company. The top 10 global VC investors participated in around 1,000 funding rounds in 2018 as compared to an average of […]
Russia will account for highest liquids production from new-build projects in Former Soviet Union in 2025, says GlobalData
Russia is set to account for 92% of the Former Soviet Union’s (FSU’s) total crude and condensate (liquids) production in 2025 from planned and announced (new-build) projects, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in FSU […]
NOCs in Thailand and Indonesia face challenging national production aspirations
National Oil Companies (NOCs) in Thailand and Indonesia are using the expiry of existing production-sharing contracts as an opportunity to take greater control of mature oil and gas fields domestically, says GlobalData, a leading data and analytics company. The company’s latest research reveals that PTT Exploration and Production Public Company Limited (PTTEP) in Thailand and […]
Pemex’s performance will continue to be challenged in new upstream and downstream strategies, says GlobalData
Following recent announcements by Pemex and Mexico’s government confirming the construction of a new refinery and the development of 22 new oil and gas fields, Adrian Lara, Senior Upstream Analyst at GlobalData, a leading data and analytics company, offers his view on the current challenges: “The new administration led by President Lopez Obrador is giving […]
Aviva needs to ensure customer satisfaction remains intact after job cuts, says GlobalData
Following the Aviva’s announcement that it will be axing jobs to reduce costs and splitting its general and life insurance divisions; Yasha Kuruvilla, General Insurance Associate Analyst at GlobalData, a leading data and analytics company, offers his views on the company’s shakeup: “Aviva has not said what areas of its business will be receiving job […]
North America and Asia lead global new-build capacity growth in LNG liquefaction and regasification industries, says GlobalData
North America and Asia are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (new-build) projects, respectively between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report ‘Global Planned LNG Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with […]
Eli Lilly’s extensive experience and competitive advantage will establish Emgality in the migraine market, says GlobalData
Following the approval of Emgality, Alessio Brunello, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on the first drug to gain FDA US approval for decreasing the frequency of episodic cluster headache attacks: “As Eli Lilly is the only company to have begun trials in Japan with the drug, […]
Subscription shopping services target 34% of consumers in the baby and child care space
Subscription-based shopping services are reportedly booming, with an increasing array of products and services becoming available via this method. However, globally, most consumers are likely to be interested in a regular subscription-based service to buy products for their children compared to other types of goods, according to GlobalData, a leading data and analytics company. Melanie […]
High value UK portfolios being generated through unwanted late-life fields and redevelopment projects
A number of Exploration and Production companies (E&Ps) have entered the offshore UK sector and created portfolios with above average remaining Net Present Value (NPV)/barrel of oil equivalent (boe) through project redevelopments and asset acquisitions, says GlobalData, a leading data and analytics company. The company’s latest research reveals that recent entrant companies including Tailwind Energy, […]
Nearly 90% compliance in children receiving routine vaccinations required in each major pharmaceutical market, says GlobalData
Pediatric vaccination rates are set to reach nearly 90% in the combined nine major markets (9MM*) by 2028; this represents a high compliance in children at or under age two years receiving the routine vaccinations required by each market, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Pediatric Vaccines: Epidemiology […]
Deal activity remained strong in security technologies space in 2018, says GlobalData
Despite the fluctuating trend in venture capital (VC) funding and mergers and acquisitions (M&A) in the security technologies space during 2014-2018, deal activity remained strong in 2018 compared to 2017, primarily due to the hype around the cybersecurity segment and companies’ strategies to strengthen their market position, says GlobalData, a leading data and analytics company. […]
Russia to contribute 32% of global new-build underground gas storage capacity growth by 2023, says GlobalData
Russia is expected to drive the growth in the global underground gas storage industry between 2019 and 2023, contributing around 32% of the working gas capacity growth from planned and announced projects, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Capacity and Capital Expenditure Outlook for Underground Gas Storage – […]