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As 2019 draws to a close, Laura Beaton, Research Analyst, Travel and Tourism at leading data and analytics company GlobalData, looks at the key trends that will shape the cruise industry in 2020, ranging from sustainability to solo cruising: Sustainability “Sustainability is likely going to be a major focus for all segments of the travel […]
$54bn wearable tech industry offers immense opportunity for the construction industry by 2023
Wearables have the potential to transform the construction industry through the ability to improve safety and efficiency for workers. Safety is being spearheaded by innovations such as gyroscopes, emergency alerts, and tracking devices, while GPS-enabled wearables and Artificial Intelligence (AI) technology are leading improvement in efficiency on construction sites, according to GlobalData, a leading data […]
UK owns seven of top ten mega capacity offshore wind projects globally
The global offshore wind market is set to grow at a compound annual growth rate of 16.2% between 2019 and 2030, reaching a cumulative capacity of 142 gigawatts (GW) by 2030, compared to 23.2GW at the end of 2018, according to GlobalData, a leading data and analytics company. Currently, the largest markets in wind offshore […]
Hull mounted sonar set to be fastest growing segment in the global sonar market by 2029
A robust investment across the globe for equipping naval platforms with sophisticated hull mounted sonars is expected to cause a significant growth in the segment over the next decade. The global naval sonar market is valued at US$2.2bn in 2019 and will grow at a compound annual growth rate (CAGR) of 2.76% to reach a […]
Eversource Energy’s 2030 carbon neutrality objective could spur sector-wide drive for sustainability
Eversource Energy, a prominent power and gas utility in Northeastern US, has announced its goal of becoming carbon neutral by 2030, making it the first US investor owned utility to do so. The announcement follows the divesture of its fossil fuel assets in 2018 and could be a catalyst for other investor owned utilities, says […]
European telcos are playing an increasingly important role in Europe’s cloud market
Major hyper scale cloud providers, such as AWS, Google and Microsoft, have had a significant impact on fostering European cloud development. Key requirements which these international cloud players face in Europe relate to data security, localization and regulatory compliance, according to GlobalData, a leading data and analytics company. As a result, this has opened up […]
Four beauty trends to watch in 2020, revealed by GlobalData
As we come to the end of the year, it is time to get excited about what the next twelve months will bring. Wellbeing, holistic, natural and environmental trends will take the spotlight for beauty products next year, amid a consumer green uprising. Lia Neophytou, Consumer Analyst at GlobalData, a leading data and analytics company, […]
AT&T’s 5G launch means all four US operators now sell 5G
Following today’s news (Friday 13 December) that AT&T has launched 5G services to consumers in the US; Lynnette Luna, Principal Analyst at GlobalData, a leading data and analytics company, offers her view: “All four nationwide operators in the US now offer 5G services to consumers, but these are still early days, and the service is primarily […]
UK’s pharmaceutical sector at risk following General Election results
The General Election was seen as the most feasible path to finding a way out of the Brexit deadlock as since the European Union (EU) referendum, British politics and the nation have been overwhelmingly divided between ‘remain’ and ‘leave’. With conservatives securing a majority in the December 12 general elections and Britain now likely to be officially […]
Multiple sclerosis market to reach $32.9bn in 2028 driven by launch of pipeline agents
The multiple sclerosis (MS) therapeutics market has entered an exciting phase, with an upsurge of available treatment options and several promising late-stage pipeline products offering diverse mechanisms of action (MOA). The MS market is expected to grow in sales from $19.8bn in 2018 to $32.9bn in 2028 with a compound annual growth rate (CAGR) of […]
Oman to emerge as key GCC travel destination as international arrivals increase
Oman is a rising gem in the inbound Gulf Cooperation Council (GCC) traveler market with international arrivals having grown a total of 11.2% between 2017 and 2018, reaching 2.7million, says GlobalData, a leading data and analytics company. Johanna Bonhill-Smith, Travel and Tourism Analyst at GlobalData says: ‘By the end of 2019, the International Air Transport […]
The top ten packaging influencers in Q3 2019, revealed by GlobalData
From Packaging Innovations to JoAnn Hines, leading data and analytics company GlobalData has identified the top packaging influencers in Q3 2019, based on data research from the company’s Influencer platform. 1. Packaging Innovations Packaging Innovations is a packaging event organised by Easyfairs, a UK-based organiser of multi-format events. The company organises events to connect the packaging value chain in local markets. On 11th September, @EasyfairsPACK tweeted: “Come […]
The top ten chef influencers in food service in Q3 2019, revealed by GlobalData
From Jose Andres to Damian Wawrzyniak, leading data and analytics company GlobalData has identified the top chef influencers in Q3 2019, using data research from the company’s Influencer platform. 1. Jose Andres Jose Andres is a Michelin-starred, James Beard Award-winning chef. Founder and chairman of World Central Kitchen, he is regarded as one of the […]
GlobalData UK supermarket election poll: Conservatives take Morrisons, while Labour extends lead at ASDA and Iceland
In the run up to the General Election, GlobalData Retail has conducted a survey to discover the voting intentions of shoppers by main supermarket used: More Morrisons shoppers plan to vote Conservative than Labour. The Tories now hold three of the Big Four grocers (the Conservatives also hold Tesco and Sainsbury’s). Labour continues to be […]
Poland to meet renewable energy target with amended regulation
The share of renewable energy in Poland’s power capacity mix reached 16.9% in 2018 and is expected to reach 39.1% by 2030 supported by the recently revised renewable energy sources act, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Poland Power Market Outlook to 2030, Update 2019 – Market Trends, Regulations, and Competitive […]
Pharma professionals more confident that a no-deal Brexit scenario can be avoided
Three years on since the UK voted to leave the European Union (EU), and after the third extension of the Brexit deadline, the departure date is now set for January 31, 2020. After an unsuccessful attempt to get the country out of the EU within the October 31 deadline, UK Prime Minister Boris Johnson, decided to call a […]
Renewable energy to become dominant energy source in France’s capacity mix by 2027
Nuclear power, currently the dominant energy source in France, is expected to be overtaken by renewable energy by 2027. The share of renewable energy in France is expected to reach 42.9% of the country’s power mix by 2023, up from 19.9% in 2018, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘France Power Market Outlook to 2030, Update 2019 – Market Trends, […]
China’s solar modules market grows despite the slowdown in its domestic solar industry
The decline in annual installations of solar photovoltaics (PV) in China does not seem to have had an impact on the country’s solar PV manufacturing industry. The country’s solar PV exports stood at 58 gigawatt (GW) just in the first nine months of 2019, which is a big boost for the industry and this is despite the tariff regime for solar panels implemented by the […]
Dose CMO industry performing strongly despite challenges of increasingly complex drug production
The dose contract manufacturing organisation (CMO) market in 2018 grew 6.4% from its 2017 value. This growth rate is a return to the 5–7% year-on-year rate observed in the market in the five years from 2010–2014, and is the highest year-on-year growth rate since 2012. Private equity (PE) has also shown a continued interest in the dose CMO industry, says […]
Biogen’s aducanumab casts doubts about its approval from federal regulators
Following the new clinical trial results of Biogen’s aducanumab (5th December 2019) presented at the 12th Clinical Trials on Alzheimer’s Disease (CTAD); Alessio Brunello, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Biogen has raised skepticism and criticism for how the data from the two aducanumab trials, ENGAGE and EMERGE, […]