Archive

US is home to majority of top VC investors, says GlobalData

Eight of the top ten global VC investors, by number of investments in 2020, were headquartered in the US Silicon Valley/California was the home...

08 March, 2021

Local tourism partnerships key to kindle international Chinese travel demand, says GlobalData

With several destinations experiencing a new wave of COVID-19 infections, adapting to Chinese preferences, social media channels and engaging the Chinese tour operators to stimulate...

08 March, 2021

Australia implantable ports market to grow at 4% CAGR through 2025, forecasts GlobalData

The implantable ports market in Australia is expected to grow at a compound annual growth rate (CAGR) of about 4% between 2020 and 2025, driven...

08 March, 2021

MANTA and MANTA-RAy safety readouts boost Jyseleca’s prospects in the US

Following Galapagos’ announcement of pooled interim results from its ongoing MANTA and MANTA-RAy safety studies for Jyseleca (filgotinib); Rose Joachim, Pharma Analyst at GlobalData, a leading...

05 March, 2021

Immunotherapy for microsatellite stable colorectal cancer holds promise

During Colorectal Cancer Awareness month, it is important to highlight that precision medicine approaches are gaining traction in this indication. Positive results from any of...

05 March, 2021

New alcohol display rules could push Japanese consumers towards nolo drinks, says GlobalData

Japanese brewers are now expected to display alcohol content by gram on the product labels as part of the government’s initiative to tackle alcohol related...

05 March, 2021

FDA retaining oversight of genetically modified animals for therapeutics will reassure the public

The Trump administration’s decision to relax oversight of genetically modified (GM) animals for food prioritizes big businesses and the livestock industry, while overriding FDA scientists...

05 March, 2021

Japanese OEMs need to focus on pricing strategy to accelerate BEV adoption, says GlobalData

Following the news that Tesla car demand picked up in Japan after aggressive price cut; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading...

05 March, 2021

Increasing desire to enhance physical appearance propelling body contouring market in South Korea, says GlobalData

With a greater number of patients seeking alternatives to traditional diet and exercise to achieve their ideal body image, there is a rising demand for...

05 March, 2021

China’s multi-play service revenue to increase at 12.5% CAGR between 2020 and 2025, forecasts GlobalData

The total multi-play service revenue in China is expected to grow at a robust compound annual growth rate (CAGR) of 12.5% between 2020-2025 and is...

05 March, 2021

Overlay technology changes network ownership dynamics for telecoms service providers, says GlobalData

In an astonishingly short period of time, overlay networking (i.e., SD-WAN) has become, the de facto WAN technology in the enterprise telecoms market. Overlay technology...

04 March, 2021

Covaxin interim efficacy data will further boost market penetration, says GlobalData

Following the news that Bharat Biotech’s COVID-19 vaccine Covaxin showed 81% interim efficacy; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers...

04 March, 2021

The predictions of a ‘bounce back’ for the sports industry are exaggerated, says GlobalData

While the sports industry is optimistically predicting a bounce back as COVID-19-related restrictions ease, the hardship currently being felt by the sports industry is going...

04 March, 2021

Deal activity in AI space showcased growth during 2016-2020 despite fluctuating Y-o-Y trend, says GlobalData

Venture capital (VC) funding and mergers and acquisitions (M&A) activity in the artificial intelligence (AI) space showcased a fluctuating trend during 2016-2020. However, despite the...

04 March, 2021

Solar PV overtakes wind to lead India’s sustainable power transformation, says GlobalData

Wind energy led India’s renewable transformation for more than a decade. Solar PV, though a late starter, has now overtaken the wind installed capacity to...

04 March, 2021

Impressive semaglutide results likely to reinforce Novo Nordisk’s position as leading player in obesity market

In February 2021, Novo Nordisk released impressive data from its Phase IIIa STEP1 trial for semaglutide, a glucagon-like peptide-1 (GLP-1) receptor agonist, in a bid...

04 March, 2021

COVID-19 pandemic continues to significantly impact clinical research

With the COVID-19 pandemic recently passing one year in duration, clinical research continues to be significantly affected. Sponsors have had to modify trial designs to...

04 March, 2021

UK auto sector looks to second half of year for real recovery

Following the news that the UK’s new car market was down 35.5% in the month of February, according to data released by the Society of...

04 March, 2021

US promises to vaccinate everybody by June, but vaccine hesitancy might prevent reaching herd immunity soon

Following the news of President Biden’s announcement that the US will have enough COVID-19 vaccine supply for all US-Americans by the end of May; Philipp Rosenbaum,...

04 March, 2021

BRF partnership with Aleph Farms has potential to disrupt Brazil’s food industry

Following today’s news that BRF has partnered with Aleph Farms to bring cultivated meat to Brazil, Jim Toy, Consumer Analyst at GlobalData, a leading data...

04 March, 2021

COVID-19 has accelerated digital transformation timeline for pharmaceutical industry

Even though the pharmaceutical sector used to display a more conservative stance toward the adoption of new technologies, the COVID-19 pandemic acted as a trigger...

04 March, 2021

Boeing’s Loyal Wingman induction to support Australian aerospace defense development, says GlobalData

Boeing Defense Australia and the Royal Australian Air Force (RAAF) have announced the first flight of the Loyal Wingman Unmanned Aerial Vehicle (UAV). Maturing the...

04 March, 2021

EdTech startups help China dominate GlobalData’s list of top five VC funded companies in APAC in 2020

China is the largest economy in the Asia-Pacific (APAC) region and has a conducive startup ecosystem. As a result, China-based startups, which are at the...

04 March, 2021

Weak policy framework key challenge for EV growth in Australia, says GlobalData

Following the news that electric car sales in Australia grew by just 2.7% in 2020, according to the Electric Vehicle Council; Bakar Sadik Agwan, Senior Automotive...

04 March, 2021

Australia will lead Asia-Pacific mobile communication segment growth through 2025, reveals GlobalData

Australia will witness the fastest compound annual growth rate (CAGR) of 15.4% in terms of mobile service revenues in the Asia-Pacific (APAC) region between 2020...

04 March, 2021

Huge fiscal support announced in Budget 2021 to aid the UK economy to grow in 2021, says GlobalData

Following today’s unveiling of the UK’s Budget 2021 as the country sets out its long-term economic recovery; Gargi Rao, Economic Research Analyst at GlobalData, a leading...

03 March, 2021

Pandemic may allow VR to shake off ‘gimmick’ image in tourism

The impact of COVID-19 may allow VR to permanently shake off its image of being a gimmick in the tourism sector. Hype behind the technology...

03 March, 2021

UK budget to spur green competition and positive feedback loop for sustainable operations, says GlobalData

Following today’s news (3 March) that the UK Government plans to issue green bonds and create a retail saving program, and found a UK infrastructure...

03 March, 2021

Veganism’s influence on the travel industry will grow, says GlobalData

Veganism has traditionally been associated with both the consumer and retail sectors but its influence in the tourism space is growing, according to GlobalData, a...

03 March, 2021

European majors have stronger LNG growth potential than US peers, says GlobalData

European majors are anticipated to undergo stronger LNG capacity growth to 2025 than their US peers, particularly across three key regions: Former Soviet Union, North America and Africa, says GlobalData, a leading data and analytics company Competition...

03 March, 2021

APAC pet care market moving towards ready-made food to conserve time, says GlobalData

The COVID-19 pandemic has affected the businesses around the globe. However, the fast-moving consumer goods (FMCG) sector has been registering growth during the pandemic. In-line...

03 March, 2021

As others exit, Toyota scents opportunity in Europe’s city car segment, says GlobalData

Following the news that Toyota has confirmed it will produce a third model on its TNGA-B vehicle platform, aimed at Europe’s A-segment (city cars); David Leggett,...

03 March, 2021

COVID-19 has reduced banking channel’s ability to sell critical illness policies

The COVID-19 pandemic has forced insurers to digitalize and this is particularly complicated in life insurance, which has led to the banking channel, in particular,...

03 March, 2021

Infrastructure bank and green energy pledges will boost UK’s construction industry

Following today’s Budget 2021 announcement by the UK Chancellor outlining the government’s infrastructure spending plans; Moustafa Ali, Economist at GlobalData, a leading data and analytics company,...

03 March, 2021

UK Government wields its ‘fiscal firepower’ to encourage consumer spending

Following today’s unveiling of the Budget 2021 where Chancellor Rishi Sunak declared significant help for small businesses and consumers; George Henry, Consumer Analyst at GlobalData, a...

03 March, 2021

Turkish defense spending remains top priority for government in 2021 despite COVID-19 impact

The Turkish Government’s defense expenditure is set to steadily increase between 2019 and 2025 as the government prioritizes its defense industry. Defense expenditure reached a...

03 March, 2021

Recent and upcoming launches to boost passenger vehicle sales in India, says GlobalData

Following the news that the year-on-year (y-o-y) passenger vehicle sales in India grew by 23% in February 2021; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at...

03 March, 2021

Australia pay-TV market revenue to decline at 2.6% CAGR over next five years, forecasts GlobalData

The total pay-TV services revenue in Australia is set to decline at a compound annual growth rate (CAGR) of 2.6% from US$2.4bn in 2020 to...

03 March, 2021

UAE signing MoU will allow its armed forces to be less dependent on international conglomerates

Following the news that the United Arab Emirates (UAE) Ministry of Defense and Tawazun Economic Council signed a Memorandum of Understanding (MoU) for cooperation on research and...

02 March, 2021

Allianz turns to insurtech to offer wary travelers instant claims

Allianz’s partnership with Blink, an insurtech start-up that offers quick and automatic pay-outs and re-bookings through its digital app, will allow the insurer to modernize...

02 March, 2021

Sustainability agenda now a key priority for automotive sector with 75% of OEMs discussing this theme in 2020

GlobalData’s Filing Analytics platform identified that around 58% of vehicle manufacturers discussed electric vehicles in 2020, while mentions of sustainability rose by around 57%...

02 March, 2021

Azerbaijan’s construction industry to rebound in 2021 with 9.1% growth, says GlobalData

The dual shock of the COVID-19 outbreak and the collapse in oil prices has exacerbated the weakness in Azerbaijan’s construction industry, with output estimated to have shrunk by 15.2% in real terms in 2020 – down from annual declines...

02 March, 2021

Airbnb and DoorDash show distinct hiring trend post trading debut, finds GlobalData

Ever since raising over $3bn, Airbnb and DoorDash - two companies that both went public in December 2020 - are seeing drastically different hiring activities,...

02 March, 2021

An early flurry of final investment decisions kicks off more promising year for upstream oil and gas across EMEA

With delays and COVID-19 restrictions hampering oil and gas project timelines in 2020, 2021 is forecast to see a bump in both field starts and...

02 March, 2021

Card payments in APAC will rebound strongly with 19.2% growth in 2021, forecasts GlobalData

Card payments in the Asia-Pacific (APAC) region, which registered a subdued growth of 1.0% in 2020 due to the reduced consumer spending amid the COVID-19...

02 March, 2021

Launch of generic brands for expensive oncology drugs improves treatment affordability and access in India, says GlobalData

The Central Drugs Standard Control Organization (CDSCO) has recently approved several generic versions of sunitinib to treat kidney cancer. Against this backdrop, the approval of...

02 March, 2021

Australia’s mobile services market to grow at 15.4% CAGR over 2020-2025, forecasts GlobalData

Following a decline in 2020 due to the COVID-19 pandemic, mobile services revenue in Australia is expected to maintain a compound annual growth rate (CAGR)...

02 March, 2021

New standard of care in hepatocellular carcinoma shifts the treatment paradigm to a grey area, says GlobalData

The approval of Roche's Avastin (bevacizumab) plus Tecentriq (atezolizumab), in addition to the long list of pipeline products, opens up gaps in the treatment paradigm...

01 March, 2021

Bahrain’s construction industry to recover and grow by 2.1% in 2021, says GlobalData

Bahrain’s construction output contracted by an estimated 0.2% in real terms in 2020 as the industry faced disruptions due to the COVID-19 pandemic and movement restrictions to prevent its spread. Oil price drop further compounded this problem as Bahrain is highly dependent on...

01 March, 2021

The battle over digital monopolies is just getting started, says GlobalData

The case for new regulation around the monopolization of user data by big tech companies has never been stronger. While regulators have attempted to take...

01 March, 2021

China opening up to foreign insurers will benefit domestic players, says GlobalData

China is set to become the largest global insurance market, attracting foreign insurers to invest in the country. However, despite opening up its economy, domestic...

01 March, 2021

Fiber segment to drive Australia’s fixed broadband service revenue over next five years, forecasts GlobalData

The total fixed communications services revenue in Australia is expected to increase at a sluggish compound annual growth rate (CAGR) of 0.7% from US$9.9bn in...

01 March, 2021

Global economy to rebound in 2021 with APAC to lead recovery, says GlobalData

The Asia Pacific (APAC) region is set to become the fastest growing in terms of GDP growth in the world followed by the Americas, Europe...

26 February, 2021

Global hiring a mixed bag in 2021 after the highs and lows of 2020, finds GlobalData

Global hiring activity witnessed a momentous 2020 with significant changes throughout the year. The pharma and retail sectors saw pronounced hiring, and the active job...

26 February, 2021

Chinese activity drives new high-tech Russian offerings in Asia

Rosoboronexport, the Russian state defense product exporter, displayed the P-18-2 Prima radar system at the Aero India 2021 show alongside several other platforms and products,...

26 February, 2021

COVID-19 and sustainability will be key insurance themes in 2021

COVID-19 will be by far and away the most important theme in insurance throughout 2021, but sustainability will continue to be an essential long-term theme,...

26 February, 2021