GlobalData
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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
Millennials and Gen Zs drive surge in demand for RTD iced coffee
Approximately two billion cups of coffee are reportedly consumed globally each day.
Blockchain drives player involvement in gaming market
Blockchain technology is transforming the traditional gaming market.
Japanese life insurers poised to surge $350b by 2028: GlobalData
The industry should increase 4.6% in 2023.
APAC automotive exhaust market sees 1.3% decline in CAGR through 2028
Rising electric vehicle adoption and stricter emission controls drive negative growth in APAC’s automotive exhaust systems.
Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters
Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward.
VC funding of startups in China plummet 26.9% 11M’23
Unconducive market conditions further drove its decline.
Metaverse seen by consumers as unimpressive
Despite high revenue projections, the metaverse fails to win consumer interest.
Tech giants face major regulatory challenges, warns GlobalData
Key areas of scrutiny include data privacy, antitrust, AI ethics, and online harm, particularly in Asia.
APAC’s liability insurance sector to exceed $61b by 2027: GlobalData
Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.
When nostalgia hits: APAC F&B brands bank on ‘throwback marketing’
About 3 in 5 consumers are influenced by how familiar products and services feel.
Asian corporations accelerate digital recruitment
GlobalData analyst reveals a surge in the demand for digital specialists across multiple sectors in the Asian market.
Medical devices sector enhances competitiveness due to local and global collaborations
Singapore’s partners were attracted to the market’s preventive healthcare.
SG’s property insurance to stay afloat in 2023 – GlobalData
Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.
Singapore outperforms omnichannel spending in Southeast Asia
The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.