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Early stage funding (Seed and Series A funding) rounds dominated venture capital (VC) funding across all the months in the first quarter (Q1) of 2019, according to GlobalData, a leading data and analytics company. In total, 1,333 seed funding deals and 758 Series A deals were announced during Q1 2019, which collectively accounted for 77% […]
South Korea meat market set to be worth KRW16,248.2bn by 2023, says GlobalData
An educated workforce with considerable disposable income is contributing to the growth of the meat sector in South Korea, which is expected to grow at a compound annual growth rate (CAGR) of 1.8% from KRW14,876.6bn (US$13.8bn) in 2018 to KRW16,248.2bn (US$15.3bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: […]
Infrastructure construction to drive Poland’s construction industry, with total output set to reach US$148.6bn in 2023
The Polish construction industry regained growth momentum in 2018, with output expanding by 17.0% in real terms – up from 6.5% in 2017. The industry’s output value is expected to continue its momentum and grow at a compound annual growth rate (CAGR) of 4.61% in real terms between 2019 and 2023, driven by the government’s […]
Allianz’s potential acquisition of L&G’s home insurance unit would raise its GWP by over £300m, says GlobalData
Following news that Allianz is in exclusive talks with Legal & General to buy its home and pet insurance business; Yasha Kuruvilla, General Insurance Associate Analyst at GlobalData, a leading data and analytics company, offers his views on the possible deal: “If Allianz acquires L&G’s home insurance business it would be a big win for […]
China’s cosmetics & toiletries market poised for healthy value CAGR of 7.5% over 2018–2023, says GlobalData
Positive economic outlook, supported by growing GDP, is driving the cosmetics & toiletries industry in China, which is expected to grow at a compound annual growth rate (CAGR) of 7.5% from CNY495.3bn (US$74.9bn) in 2018 to CNY712.7bn (US$111.0bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Cosmetics & Toiletries […]
Global battery energy storage market to grow by 7% to reach $13.13bn by 2023, says GlobalData
The global battery energy storage market is forecast to grow to $13.13bn by 2023. Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Battery Energy Storage Market, Update 2019 – Global Market Size, […]
Lufthansa must prioritize premiumization over cost cutting following widening Q1 loss, says GlobalData
Lufthansa today (30 April 2019) posted a net loss of €342m for Q1 2019, compared to a loss of €39m the same time last year. The company blames rising fuel costs and overcapacity for its meagre results but as long as it focuses on its premium customers, Lufthansa will remain a leading player. Laura Beaton, […]
GlobalData announces top 25 global banks by Market Cap for 2018
JPMorgan Chase has retained its top position as the most valuable bank in the list of ‘Global Top 25 Banking Institutions by Market Capitalization’ (M Cap) as of 31 December 2018, according to GlobalData, a leading data and analytics company. GlobalData has used a number of key metrics including M Cap, revenue, price-earnings ratio (P/E), […]
ABI reports motor premiums fall in Q1 2019 but a potential future rise means drivers should remain cautious, says GlobalData
Following the ABI’s release of its Motor Insurance Premiums data report for Q1 2019; Yasha Kuruvilla, General Insurance Associate Analyst at GlobalData, a leading data and analytics company, offers his views on the fall in motor premiums in Q1 2019: “ABI data shows that motor premiums have fallen by £15 quarter on quarter representing the […]
Diagnosed prevalent cases of hepatitis C in the UK will drop below 3,000 by 2026, after landmark NHS deal, says GlobalData
Following today’s announcement (30th April) that NHS England’s partnership with Gilead, Merck and AbbVie is expected eliminate hepatitis C in the UK in the next decade; James Mather, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on this landmark partnership: “The approach planned by NHS England, along access to […]
Queensland’s junk food ad ban represents important shift in how unhealthy food permeates consumer culture, says GlobalData
Following the news that the Australian state of Queensland has banned outdoor junk food promotions at government-owned sites in a bid to address growing childhood obesity levels, Katrina Diamonon, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The restriction represents an important shift in how unhealthy food permeates consumer […]
Wyndham Hotels & Resorts Q1 results show the company is firmly on track, says GlobalData
Wyndham Hotels & Resorts today (30 April 2019) announced its Q1 2019 results, Nick Wyatt, Head of Tourism at GlobalData, a leading data and analytics company, offers his view on the company’s performance: “Revenues have increased markedly compared to last year, but when you factor in $169 million of incremental revenues from La Quinta, they […]
EMEA region leads contract award activity with 569 contracts in the oil and gas industry in Q1 2019
In Q1 2019, the oil and gas industry reported 1242 contracts, of which 1178 were awarded contracts, according to GlobalData, a leading data and analytics company. EMEA recorded the most contracts with 569 contracts, representing around 48% of the total awarded contracts in Q1 2019, followed by Americas region with 366 contracts, accounting for 31% […]
Thailand meat market poised for modest value CAGR of 4% over 2018-2023, says GlobalData
A steady economic progress, supported by growing public investments and private consumption, is driving the Thai meat sector, which is expected to grow at a compound annual growth rate (CAGR) of 4% from THB54.3bn (US$1.7bn) in 2018 to THB66bn (US$2.1bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Meat […]
India presents wealth managers with great opportunity as HNW population set to grow by 40% over next four years, says GlobalData
India presents wealth managers with a great opportunity as the number of high-net-worth (HNW) individuals in the country is expected to grow by around 40% from 200,850 in 2018 to 279,780 in 2022, according to GlobalData, a leading data and analytics company. GlobalData defines HNW individuals as those with onshore liquid assets of more than […]
GlobalData announces top 25 global tech companies by Market Cap for 2018
Microsoft’s cloud strategy seems to be paying dividends and winning over market confidence, as the American IT behemoth has overtaken Apple to emerge as the world’s most valuable company in the list of ‘Global Top 25 Technology Companies by Market Capitalization (M Cap)’ as of 31 December 2018, according to GlobalData, a leading data and […]
Australian cosmetics & toiletries market set to be worth AUD9.4bn by 2023, says GlobalData
Increasing disposable income backed by a steady labor market has contributed to the growth of the cosmetics & toiletries industry in Australia, which is expected to grow at a compound annual growth rate (CAGR) of 3.8% from AUD7.8bn (US$5.9bn) in 2018 to AUD9.4bn (US$7.3bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s […]
Philippines meat market forecast to be worth PHP264.5bn by 2023, says GlobalData
Fuelled by increasing disposable income due to growing employment levels, the meat sector in the Philippines is expected to grow at a compound annual growth rate (CAGR) of 5.2% from PHP204.9bn (US$3.9bn) in 2018 to PHP264.5bn (US$4.8bn) by 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Meat in Philippines’, reveals […]
Central Bank of Nigeria looks to reach out to 60 million unbanked population by 2020 with Payment Service Banks, says GlobalData
Nigeria remains a largely cash-dominated society, primarily due to limited financial literacy and a lack of financial infrastructure. Against this backdrop, the Central Bank of Nigeria (CBN) is launching Payment Service Banks (PSBs) to make banking services available to over 60 million financially excluded Nigerians by 2020, says GlobalData, a leading data and analytics company. […]
China’s Styrene-Butadiene Rubber industry continues to be import dependent in medium term, says GlobalData
The imports of Styrene-Butadiene Rubber (SBR) production in China is expected to grow at a compound annual growth rate (CAGR) of 11.8% from 0.454 million tonnes per annum (mtpa) in 2017 to 0.793 mtpa in 2022, says GlobalData, a leading data and analytics company. The company’s report: ‘Styrene-Butadiene-Rubber (SBR) Industry Outlook in China to 2022 […]