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Affected by the sluggish GDP growth, the cosmetics & toiletries industry in Japan is anticipated to record a compound annual growth rate (CAGR) of 2.1% from JPY3,874bn (US$35.4bn) in 2018 to JPY4,291.5bn (US$42bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Cosmetics & Toiletries in Japan’, reveals that skincare […]
VC funding in security technology companies fluctuates in 2018, says GlobalData
Venture capital (VC) investments in the security technology space experienced a fluctuating trend in 2018, as the share of deals valued <=US$1m registered consistent growth, while the share of deals in all other value ranges displayed wide fluctuations, says GlobalData, a leading data and analytics company. Last year, a total of 375 VC funding deals […]
Venture capitalists bet big on emerging Chinese tech companies, says GlobalData
Venture capitalists (VC) are pouring capital into China’s emerging tech companies. As a result, four of the top five VC funded companies in the emerging tech space in Asia-Pacific (APAC) in 2018 were from China and the trend is likely to continue, says GlobalData, a leading data and analytics company. China-based Ant Financial attracted the […]
Middleweight cities to spearhead global GDP growth by 2025, says GlobalData
Megacities (population over 10 million) are becoming over populated and as a result are plagued with housing, transport and infrastructure problems. Against this back drop, ‘Middleweight cities’ – those with a population between 0.5 million and 10 million – will drive the world’s economic and population growth by 2025, says GlobalData, a leading data and […]
Burden of its store estate and dominance of the online pureplays make Select the latest fashion casualty, says GlobalData
Following the recent news that Select has fallen into administration, Honor Strachan, Principal Retail Analyst at GlobalData, a leading data and analytics company, offers her view: ‘‘Select is another example where a CVA is not always the saviour for a troubled retailer, with deep-rooted commercial and operational issues beyond the help of a store cost-cutting […]
APAC countries shifting towards sustainable environment by implementing renewable energy auctions
Asia Pacific (APAC) countries are adopting several strategies and roadmaps to achieve the renewable energy target designated by their nations. Countries such as India, Kazakhstan, Indonesia, Pakistan and Taiwan have implemented auctions to drive their renewable energy market, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Asia Pacific Renewable Energy […]
Siemens to spin-off power and gas division as investment in thermal power set to decline to $95.6bn in 2025
Following the recent announcement by Siemens to spin-off its Power and Gas business, Harminder Singh, Director of Power at GlobalData, a leading data and analytics company, offers his view on the implications of this for the industry: “Siemens’ latest decision and a similar reorganization announced by GE last year are indicators to the continuing nature […]
Nigeria dominates crude production outlook from greenfield projects in sub-Saharan Africa over next six years
Nigeria will contribute 46% of sub-Saharan Africa’s total crude production from planned and announced projects (greenfield projects) in 2025, 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 Sub-Saharan Africa – Nigeria Dominates Crude Production and Capex […]
Vestas announces its first quarter 2019 results with order intake and backlog at all-time high level
Following the announcement by Vestas Wind Systems A/S, on its first quarter 2019 results, Mohit Prasad, Power Analyst at GlobalData, a leading data and analytics company, offers his view: “Vestas Wind Systems A/S reported revenue of €1,730m, an increase of two percent on year on year basis. The order intake of firm and unconditional wind turbine […]
John Lewis & Partners beats the department store blues as it takes home four awards in the GlobalData customer satisfaction awards 2019
John Lewis & Partners wins four GlobalData Customer Satisfaction awards, including the most prestigious Best Retailer category, having been runner-up for the past four years Investing in its own-brand and exclusives has paid-off for the department store as it takes home four awards including Best Electricals Retailer and Best Homewares Retailer. The athleisure trend […]
CSP with energy storage to ensure stable and reliable power supply, says GlobalData
CSP with thermal storage will bridge dispatchable energy gap according to GlobalData, a leading data and analytics company. The company’s latest report ‘Energy Storage – A Key Determinant for the Future of Concentrated Solar Power Market’ reveals that retirements of coal based plants and increase in influx of intermittent renewable power sources in order to […]
Military unmanned surface vehicles set to drive 7% overall growth of the unmanned vehicle market between 2019 to 2024, says GlobalData
The military unmanned vehicle market is set to deliver a 7% growth between 2019 and 2024, primarily driven by unmanned surface vehicles, according to GlobalData, a leading data and analytics company. The market is still overly dominated by unmanned aerial vehicles (UAVs) but is seeing an emerging trend in unmanned surface vehicles (USVs). According to GlobalData, there are […]
Splash Corp will strengthen Wipro’s Southeast Asian footprint, says GlobalData
Following the recent news that Wipro Consumer Care and Lighting (WCCL), the consumer care business of software provider Wipro Ltd, has signed a definitive agreement to acquire the Philippines-based personal care company Splash Corporation, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view on the deal: “The move […]
JP Morgan leads GlobalData’s top 10 global M&A financial adviser league table in ICT sector for Q1 2019
JP Morgan held the top rank in the latest global mergers and acquisitions (M&A) league table of the top 10 financial advisers for the information and communication technology (ICT) sector based on deal value in the first quarter (Q1) 2019, according to GlobalData, a leading data analytics company. The New York-based financial institution took the […]
Japan’s cashless initiatives set to spur electronic payments, says GlobalData
Japan is making progress towards becoming a cashless society, with the share of cash in total payments set to decline from 76.2% in 2018 to 71.4% in 2022, says GlobalData, a leading data and analytics company. GlobalData’s latest report, Payments Landscape in Japan: Opportunities and Risks to 2022, reveals that the country’s total card payments […]
Lazard wins top honors in GlobalData’s global M&A financial adviser league table in retail sector
Lazard has dominated the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers in the retail sector based on deal value in the first quarter (Q1) 2019, according to GlobalData, a leading data and analytics company. The financial advisory and asset management firm advised on three deals worth a total of […]
Sanofi’s Dengvaxia gains FDA approval but the vaccine offers little commercial upside, says GlobalData
Following the recent news in which the US FDA approved Sanofi’s first-in-class dengue vaccines, Dengvaxia, Arafa Salam, PhD, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view on the FDA approval for the first ever vaccine for dengue virus: “The approval for Dengvaxia offers little commercial upside for Sanofi due to […]
Newmont Goldcorp expected to account for 7.1% of global gold production in 2019
Newmont Mining Corporation merged with Canada’s Goldcorp to form Newmont Goldcorp Corporation, the largest gold producer. With an estimated gold production at 8.4 million ounces in 2019, equivalent to 7.1% of global production, versus 5.6 million ounces for Barrick Gold, and 2.8 million ounces for Kinross Gold, says GlobalData, a leading data and analytics company. […]
China challenges US dominance in GlobalData’s top five VC funded security technology companies list in 2018
Globally, the US dominates the security technology space. However, Chinese tech companies are increasingly strengthening their presence in this area, challenging the historical American dominance. This is reflected in GlobalData’s list of top five venture capital (VC) funded security technology companies. Even though, the US and China security technology companies shared honours in the list, […]
Finland on track to become cashless payments market, says GlobalData
Large banked population, growing awareness of electronic payments and a well-developed payment infrastructure are driving Finland towards a less cash-dependent society. As a result, payment card instrument transaction values in the country are set to grow at a compound annual growth rate (CAGR) of 4.6% from €50bn in 2018 to €59.9bn in 2022, says GlobalData, […]