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Following the announcement in the Spring Statement of the consultation on what can be done to reduce the use of single use plastics - which could potentially include chewing gum,
Top 10 Global Venture Capital Investors investing more money on fewer deals in 2017
An analysis by GlobalData, a leading data and analytics company of the investment activity of the top 10 global venture capital (VC) companies in 2017, reveals that collectively they are investing more money on fewer deals when compared to the average numbers for 2013-2016.
US digital businesses attracted the highest VC funding in North America during 2006-2017
According to research by GlobalData, a leading data and analytics company, US digital businesses have emerged as the most attractive sector for venture capital (VC) investment in North America during 2006-2017, with four out of the top five VC funded firms representing a digital business model.
Economic growth and consumer confidence shape future of Filipino food and grocery sector, says GlobalData
The Philippines is among the fastest-growing economies within the Southeast Asian countries. As such, the retail industry is forecast to witness a healthy compound annual growth rate (CAGR) of 8.2% during 2016-2021, one of the highest in the Asia-Pacific region, according to leading data and analytics company GlobalData. Food and grocery sector is the largest […]
Pharma firms ramp up investment in security products to secure critical data, finds GlobalData
Pharmaceutical companies require efficient technologies such as Internet of Things (IoT), cloud computing, artificial intelligence and big data to manage information that is vital to the development and production of successful drugs. As a result, pharmaceutical firms are increasing their investment on various security products to prevent breaches, protect patient data and secure sensitive information, […]
Therapeutic application of mAbs will increase in near future, says GlobalData
Ever since the first commercial monoclonal antibodies (mAbs) was approved in 1986 for human therapeutic purposes, mAbs have been increasingly used in several areas of healthcare. According to GlobalData, a leading data and analytics company, the total number of clinical trials involving mAbs witnessed a robust 115% growth between 2007 and 2016. The company’s Clinical […]
General surgery market is set to reach $21.6bn by 2024
The general surgery market is forecast to grow steadily moving into the next decade. The market was valued at $14.6 bn in 2017 and is expected to reach a value of $21.6 bn in 2024, increasing at a Compound Annual Growth Rate (CAGR) of 5.7%, according to according to GlobalData, a leading data and analytics company.
Online stores continue to drive e-cigarette demand in India
The e-cigarette (e-cig) industry has been increasingly viewed as one of the most disruptive changes in the global tobacco market and this is no different for India. India’s e-cig market is poised to grow at a compound annual growth rate of 34% from INR4.1bn in 2017 to reach INR7.4bn in 2019. This tremendous growth is […]
APAC to remain as the largest skincare market through 2022
Asia-Pacific (APAC) region will continue to be the largest skincare market through 2022 and is forecast to reach US$90.9 billion, according to leading data and analytics company GlobalData. The company in its latest report, Opportunities in the Asia-Pacific Skincare Sector, forecasts that APAC region, which accounted for a 57.5% value share of the global haircare […]
Australia’s foodservice profit sector to surpass AUD$80bn by 2021, says GlobalData
Buoyed by high levels of urbanization and increasing disposable incomes, Australia’s foodservice profit sector is expected to grow at a compound annual growth rate (CAGR) of 2.6% and reach a market value of AUD$80.8bn over the period 2016-2021, according to leading data and analytics company GlobalData. Australia’s strong economy has made foodservice market an attractive […]
Internet and tech giants, not banks, are the darlings of Fintech experts, says GlobalData
In Q4, 2017, Google has emerged as the most frequently mentioned company amongst key FinTech influencers in all but one key category, according to GlobalData, a leading data and analytics company. According to GlobalData’s Fintech Influencer platform, which tracks and categorises all content shared by the most influential FinTech thought leaders each day on Twitter, […]
Australian smoking tobacco market to grow in short term despite tax hikes
Since 2014, the popularity of smoking tobacco has been growing in Australia with legal per capita consumption increasing to 90.8g in 2017. In addition to this, there is a considerable amount of “chop-chop” or illegal loose tobacco available to consumers, according to leading data and analytics company GlobalData. Smoking tobacco, which includes product segments such […]
Consumer-centric businesses rule VC funding, but are they making money? asks GlobalData
The consumer oriented businesses are ruling the roost in venture capital (VC) funding circles, with all the top five companies in the VC funding list being consumer focused. However, their profit making ability remains a question, according to GlobalData a leading data and analytics company. China and the US have emerged as the leading global […]
Systems integration contracts dominate IT services deals in India, says GlobalData
System integration contracts now dominate the IT services landscape in India following steady growth in recent years, according to leading data and analytics company GlobalData. The company’s ‘IT Services Contracts Database’ reveals that this type of contract accounted for nearly half (48%) of the all IT services deals in the country during 2017.
Australia’s NPP opens road for QR payment, says GlobalData
Australia’s recently launched real-time instant payment platform–New Payments Platform (NPP)– will open up new opportunities for fintech startups to develop solutions utilizing the NPP network, says leading data and analytics company GlobalData. While there may be many payment solutions that can work with the NPP platform, one payment system that would have a great potential […]
10 FMCG trends to watch out for in 2018
2018 is shaping up to be a year of contradictions in the fast-moving consumer goods (FMCG) market. Healthy junk food is emerging as a snack food trend, but consumers are also re-discovering indulgence via a counter-trend called sweet revenge that celebrates all that is sweet according to GlobalData, a leading data and analytics company. These are two of ten new trends that the company expects to influence packaged goods innovation and marketing in 2018.
Enterprises are evolving their cyber security needs to combat increasingly sophisticated threats, says GlobalData
While digital transformation has become necessary for survival, adopting new technologies such as IoT and cloud presents new challenges related to collaboration and security for organizations, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Strategic Focus Report: Enterprise IT Security’ states that the need to implement a common IT language […]
APAC to surpass Americas to become largest haircare market by 2022, says GlobalData
Asia-Pacific (APAC) region is set to surpass Americas to become the largest haircare market by 2022 holding a value of US$32.8 billion, according to leading data and analytics company GlobalData. The company in its report, Opportunities in the Asia-Pacific Haircare Sector, forecasts that APAC region, which accounted for a 35.2% value share of the global […]
Majority of healthcare providers beef up security architecture to protect patients’ data
Healthcare providers across the globe are ramping up their investments in security architecture to reduce the risk of cyber-attacks and protect their patients’ data, according to GlobalData, a leading data and analytics company. The recent Mirai attack targeting Internet of Things (IoT) devices along with cyber-attacks like WannaCry ransomware and NotPetya ransomworm give an indication […]
Active millennials are being priced out of skiing and golf holidays
While millennials desire active holidays more than any other generation, financial limitations mean that fewer of millennials are participating in particular types of sporting holidays, such as golf and skiing, according to GlobalData, a leading data and analytics company.