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51.7% of UK dog owners predicted to use fitness trackers for pets to reduce insurance, says GlobalData

Following yesterday’s news in the Financial Times that fitness trackers are entering the pet insurance market, Daniel Pearce, Insurance analyst at GlobalData, a leading data and analytics company, offers his view: “Incorporating technology into wearables will undoubtedly be a hit with UK dog owners, with 10.9% currently using and 51.7% open to using the technology […]
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Skyrizi approval in Japan crucial for AbbVie as biosimilar competition looms large on Humira, says GlobalData

At a time when pricing and reimbursement pressure is mounting on its blockbuster RA drug Humira (adalimumab) in the US and biosimilar competition looms large in Europe, the approval of plaque psoriasis drug Skyrizi (risankizumab) by the Japanese Ministry of Health, Labour and Welfare (MHLW) is very crucial for American biopharma major AbbVie, says GlobalData, […]
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Cash remains king, but card-based payments set to double in Cambodia by 2022, forecasts GlobalData

Cash still plays dominant role in Cambodia, primarily due to high unbanked population, inadequate banking infrastructure, limited public awareness of electronic payments and low acceptance of payment cards at merchant outlets. However, the concerted efforts of the Cambodian government and the National Bank of Cambodia (NBC) are expected to gradually increase the usage of payment […]
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Heytea revolutionizes Chinese tea market with differentiated formulation and unique marketing strategies, says GlobalData

Fusion tea drinks have emerged as a huge sensation among Chinese millennials due to their differentiated formulation and convenient packaging format. Against this backdrop, Chinese beverage start-up Heytea is taking young tea aficionados by storm with its unique blend of salty cheese and ‘natural’ fruit tea base, according to GlobalData, a leading data and analytics […]
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Auto megatrends reveal Renault-Nissan mooted tie-up with FCA could kick-start the industry’s renewed race for scale, says GlobalData

Following the news that Renault is seeking to restart merger talks with Nissan within 12 months as the first step toward the creation of a bigger auto conglomerate that will involve a bid by both companies for Fiat Chrysler Automobiles (FCA), as reported in the Financial Times; Calum MacRae, Director of Automotive Product Development at GlobalData, […]
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Dendritic Cell-Based vaccine galvanizes chemotherapy and boosts survival from ovarian cancer, says GlobalData

Sotio, a biotechnology company owned by the Czech PPF Group, presented results from SOV02, a phase II clinical trial evaluating DCVAC/OvCa dendritic cell-based cancer vaccine in patients with relapsing platinum-sensitive ovarian cancer, during the 50th Annual Meeting of the Society of Gynecologic Oncology (SGO) in March 2019. Adding DCVAC/OvCa to platinum-based chemotherapy improved overall survival […]
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North America is expected to add around 265 mtpa of LNG liquefaction capacity in 2023

North America will be the major contributor to the growth of global liquefied natural gas (LNG) liquefaction capacity between 2019 and 2023, accounting for around 72% of the total global capacity from planned and announced projects, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure […]
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Apple TV’s fortunes will depend on content and user experience, neither of which look rosy

Following Apple’s announcement yesterday (Monday 25 March) of its Apple TV+ streaming service, Cyrus Mewawalla, Head of Thematic Research at GlobalData, has warned the company’s journey towards internet TV services faces a bumpy ride: “Apple’s move marks a major shift in the company’s focus from hardware to services. But video streaming is a market where […]
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Trinidad’s revenue-raising measures risk backfiring in long-term

Trinidad and Tobago is looking to attract exploration investment with a new offshore bid round. However, the introduction of a royalty imposed on investors may be counter-productive for the government in the longer term, according to GlobalData, a leading data and analytics company. Toya Latham, Oil and Gas Analyst for GlobalData commented: “The imposition of a 12.5% royalty, […]
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Domestic scheme Mir disrupting Russian payment card market, says GlobalData

The Russian payment card market evolved at a rapid pace during 2014-18, with the country’s consumers enthusiastically embracing new technologies and increasingly favoring card-based payments for low-value transactions. The introduction of national payment scheme Mir also provided a much-needed push to overall payment card market growth, says GlobalData, a leading data and analytics company. GlobalData’s […]
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Lotto partners with Ace Turtle to accelerate digital presence in India’s athleisure market, says GlobalData

Following the news that Italian sportswear brand Lotto’s Indian association SSIPL Lifestyle Pvt. Ltd has partnered with omni-channel platform company Ace Turtle as part of plans to consolidate its presence in India’s growing athleisure market, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, offers her view: “With this partnership, Lotto aims to capitalize on the digital […]
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Non-invasive prenatal testing expected to challenge maternal serum screening tests market to 2028, says GlobalData

The global market value for maternal serum screening tests, currently estimated at USD$388.37m, is expected to decline slightly between 2018 and 2028, to USD$385.52m, at a Compound Annual Growth Rate (CAGR) of -0.07%, due to the rising popularity of non-invasive prenatal testing (NIPT), and its continued adoption within key markets, says GlobalData, a leading data […]
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