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Indian public sector general insurers’ market share at an all-time low, reveals GlobalData

Public sector firms continue to lose market share to private sector in India’s general insurance market. The combined share of public sector insurers dropped below 50% for the first time in 2018-19, according to GlobalData, a leading data and analytics company. GlobalData’s research reveals that the gross direct premium income (GDPI) reported by the 25 […]

Travel & Tourism, Uncategorised

Japan is the destination market with the most potential, says GlobalData

GlobalData recently released its Tourism Potential Index report, which aims to offer a clear view of the potential for growth of the main developed and emerging national tourism industries; Johnatan Vandesquille, Analyst, Travel & Tourism, at GlobalData, a leading data and analytics company, gives more detail about the outcomes of this research: “According to GlobalData’s […]

Uncategorised

Boeing wants to force Northrop Grumman’s hand to preserve a share in the US missile defense market

Frank McCall, Boeing’s director of strategic deterrence systems, said on Tuesday 17th September that his company was willing to lobby the US Air Force and Congress to secure a share in the Ground Based Strategic Deterrent (GBSD) program. Boeing withdrew from the competition last July, pretexting that its only remaining rival bidder Northrop Grumman enjoyed […]

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Uruguay telecom market is one of the most developed in Latin America in terms of NGN infrastructure development and service adoption, says GlobalData

Total telecom and pay-TV services revenue in Uruguay will expand at a compound annual growth rate (CAGR) of 2%, in local currency terms, between 2018 and 2023 driven by the increasing demand for mobile data, fixed broadband and pay-TV services, says GlobalData, a leading data and analytics company. Eulalia Marin-Sorribes, Technology Analyst at GlobalData, comments: “Mobile […]

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Huawei is biggest loser in US vs China trade wars, says GlobalData

The ongoing US-China trade war will significantly impact leading Chinese IT and equipment maker Huawei’s ability to compete and threatens its future performance in the 5G marketplace, says GlobalData, a leading data and analytics company. Analysis by GlobalData indicates that Huawei’s technical capabilities should make it one of the world’s leading networking equipment manufacturers best […]

Consumer, Press Release, Uncategorised

Subscription shopping services target 34% of consumers in the baby and child care space

Subscription-based shopping services are reportedly booming, with an increasing array of products and services becoming available via this method. However, globally, most consumers are likely to be interested in a regular subscription-based service to buy products for their children compared to other types of goods, according to GlobalData, a leading data and analytics company. Melanie […]

Energy, Press Release, Uncategorised

Renewable Power Capacity to increase by 14.7 GW in Argentina during 2019–2030

Renewable power capacity (excluding small hydropower) in Argentina is expected to show a significant growth rate, registering a Compound Annual Growth Rate (CAGR) of 17.8% during 2019-2030. Renewable installations sector will increase by 14.7 GW in order to meet the increasing demand, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Argentina […]

Press Release, Uncategorised

Banking via Facebook messaging fails to take off, due to the lack of popularity within the UK

Facebook recently pulled the ability for users to pay their friends via Messenger, due to its lack of popularity among users in France and UK which led to its demise, according to GlobalData, a leading data and analytics company. The feature allowed users to set up a payment account enabling them to both send and […]

Energy, Press Release, Uncategorised

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 […]

Energy, Press Release, Uncategorised

Russia will contribute 47% of Former Soviet Union’s new-build gas processing capacity growth by 2023

Russia will drive growth in Former Soviet Union’s (FSU) gas processing industry from planned and announced plants between 2019 and 2023, contributing around 6,531 mmcfd of the FSU’s total gas processing capacity additions, according to GlobalData, a leading data and analytics company. The company’s report: ‘Gas Processing Industry Outlook in Former Soviet Union to 2023 […]

Energy, Press Release, Uncategorised

US will contribute 85% of North America’s new-build gas processing capacity growth by 2023

The US will drive growth in North America’s gas processing industry from planned and announced plants between 2019 and 2023. The US is expected to add around 17,533 million cubic feet per day (mmcfd) of gas processing capacity during the forecast period from 86 planned and announced gas processing plants, between 2019 and 2023, according […]

Energy, Press Release, Uncategorised

Italy will contribute 35% of Europe’s new-build underground gas storage capacity in 2023

Italy is expected to add around 249 billion cubic feet (bcf) of underground gas storage capacity between 2019 and 2023, from 14 planned and announced underground gas storage sites, according to GlobalData a leading data and analytics company. The company’s latest report: ‘Underground Gas Storage Industry Outlook in Europe to 2023 – Capacity and Capital […]

Energy, Press Release, Uncategorised

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 […]

Energy, Press Release, Uncategorised

Asia will contribute 39% of global refinery fluid catalytic cracking units capacity additions by 2023

Asia is expected to be the major contributor to the growth of the global refinery fluid catalytic cracking units (FCCU) industry between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Refinery Fluid Catalytic Cracking Units (FCCU) Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details […]

Energy, Press Release, Uncategorised

Asia leads global refinery coking units capacity additions by 2023

Asia, as the major contributor to the growth of the global refinery coking units industry, accounts for around 40% of the refinery coking unit’s capacity additions from new-build and expansion projects, between 2019 and 2023, according to leading data and analytics company GlobalData. The company’s report: ‘Global Refinery Coking Units Outlook to 2023 – Capacity […]

Uncategorised

Growth in production projected for Shell in 2019 to 2020, says GlobalData

Following the latest annual results released by Royal Dutch Shell (Shell) on January 31st 2019, Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his insight on the company’s operations: “We expect Shell to follow up a strong quarter with upstream growth in 2019 and 2020. In 2019 […]

Uncategorised

Express Scripts excluding Ajovy from 2019 coverage affects the drug’s future prospects, says GlobalData

Teva could breathe a sigh of relief when the FDA gave their migraine drug, Ajovy (fremanezumab), the nod in late September but they have been dealt a blow as Express Scripts have excluded the drug from their 2019 formulary, says GlobalData, a leading data and analytics company. A report by GlobalData, PharmaPoint – Migraine, states […]

Uncategorised

Home fixed wireless broadband emerging as early 5G use case, says GlobalData

Operators racing to beat their competitors to 5G mobile services are, in some markets, using residential fixed wireless access (FWA) service to demonstrate leadership and boost their 5G credibility, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘5G Fixed Wireless – An Early 5G Use Case’ states that 5G FWA […]

Uncategorised

Imfinzi EU approval will add to the escalating competition of PD-(L)1 inhibitors, says GlobalData

Following AstraZeneca’s announcement on 25 September 2018 that the European Commission approved its PD-L1 inhibitor, Imfinzi (durvalumab) as monotherapy for the treatment of locally-advanced, unresectable non-small cell lung cancer (NSCLC) in adults whose tumours express PD-L1 on ≥1% of tumour cells and whose disease has not progressed following platinum-based chemotherapy and radiation therapy, Edit Kovalcsik, […]

Uncategorised

Ongoing trade war with China can harm US biopharma innovation, says GlobalData

The ongoing trade war between the US and China will have huge ramifications on the biopharmaceutical industry for both countries. However, it appears that China is in a much better position from a negotiation standpoint, according to leading data and analytics company . On 3 April 2018, the US Trade Representative’s (USTR) office announced its […]

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