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Malaysia’s mobile service revenue is poised to increase at a compound annual growth rate (CAGR) of 2.8% from $5.6 billion in 2022 to $6.5 billion in 2027, mainly driven by the mobile data segment, which is well supported by the growing availability and adoption of 5G services, according to GlobalData, a leading data and analytics […]
Asia-Pacific helps Netflix reverse subscriber loss in Q3, says GlobalData
Following the release of Q3 2022 financial results by streaming giant Netflix; Pradeepthi Kantipudi, Telecom Analyst at GlobalData, a leading data and analytics company, offers her view: “The Asia-Pacific (APAC) region once again led the subscriber growth for the Netflix with an addition of 1.43 million paid membership subscriptions for the third quarter of 2022 […]
Protein alternatives likely to witness more demand, says GlobalData
Growing consumer awareness about cruelty-free products, venture capital (VC) investor interest, new business models, and novel source availability are driving the protein alternatives market globally. As these alternatives come close to conventional protein sources in terms of price, taste, and texture, we are likely to witness more demand in the future, making it an exciting […]
GlobalData observes over 500% surge in discussions around Ebola on social media
Ebola virus disease (EVD) has spread over several key countries in the African continent such as Uganda and Congo in the last couple of months. Uganda has imposed overnight curfew and travel lockdown in two Ebola-hit districts to stop the spread of the contagious disease. Considering the fatality rates linked with the virus, experts are […]
Japan to lead clot management devices market in Asia-Pacific region through 2025, says GlobalData
Owing to the rising geriatric population and subsequently increased burden of cardiovascular diseases, Japan is leading the Asia-Pacific’s clot management devices market and is expected to retain its position through 2025, according to GlobalData, a leading data and analytics company. Ayshi Ganguly, Medical Devices Analyst at GlobalData, comments: “With Japan leading the world’s aging population, […]
Institutional push for digital leadership drives China businesses to ramp up ICT spending in 2022, reveals GlobalData
The government initiatives to boost digital economy and digital leadership through the expansion of information and communications technology (ICT) infrastructure and regulatory support mechanisms are driving China’s enterprises to increase their ICT spending in 2022, finds GlobalData, a leading data and analytics company. GlobalData’s recent ICT customer insight survey* reveals that about 47% of respondents, […]
Global top 25 banks by MCap shed 6.7% in combined market value in Q3 2022, finds GlobalData
Amid the rising global inflation and market volatility, the aggregate market value of the top 25 global banks by market capitalization (MCap) tumbled by 6.7% quarter-on-quarter to $3 trillion during Q3 2022, finds GlobalData, a leading data analytics and research company. Murthy Grandhi, Company Profiles Analyst at GlobalData, comments: “While ICICI Bank, Bank Central Asia, […]
India pushes indigenous HTT-40 trainer aircraft for export markets at DefExpo 2022, says GlobalData
Following the unveiling of indigenous basic trainer aircraft—Hindustan Turbo Trainer-40 (HTT-40)—by Indian Prime Minister Narendra Modi at the DefExpo 2022 on 19 October; Sourabh Banik, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “HTT-40 is expected to cater to the domestic requirements with focus on export markets in the long-run. […]
Japan multi-play service revenue to increase at 7% CAGR over 2021-2026, forecasts GlobalData
The total multi-play service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 7% from $32.5 billion in 2021 to $45.6 billion in 2026, driven by strong demand for blended services and growing number of multi-play households in the country, according to GlobalData, a leading data and analytics company. […]
India’s digital currency bold attempt to combat cryptocurrency uncertainties, says GlobalData
The Reserve Bank of India’s (RBI) decision to launch digital currency (e₹) or central bank digital currency (CBDC) is a bold attempt to combat the growing uncertainty around cryptocurrencies in India and to internationalize the country’s currency, says GlobalData, a leading data and analytics company. India is following China, which is also testing its digital […]
Automation, AI at heart of next generation telco services, says GlobalData
The COVID-19 pandemic has highlighted the necessity of end-to-end automation of more complex business processes as enterprises seek to reduce dependency on human workforce. Artificial intelligence (AI) enables enhanced automation, quicker reaction to data sets, and a multitude of use cases in several consumer and corporate areas. When used well, AI and automation can not […]
Japan fixed communication services revenue to grow at 2.5% CAGR during 2021-2026, forecasts GlobalData
The total fixed communication services revenue in Japan is expected to increase at a compound annual growth rate (CAGR) of 2.5% from $35.3 billion in 2021 to $40 billion in 2026, driven by the growth in both fixed voice and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Japan Fixed Communications […]
Netflix hastens Basic with Ads plan launch to take on Disney+, says GlobalData
Following news that Netflix is launching “Basic with Ads”, a lower-priced, ad-supported subscription plan across 12 markets worldwide in November; Tammy Parker, Principal Analyst at GlobalData, offers her view: “Netflix is taking a measured approach to its new ad-supported video-on-demand (AVOD) service, with the US version priced at $6.99 per month, which is $3 less […]
Infosys should focus on themes like future of work, metaverse to ensure long-term success, says GlobalData
Following the release of Q2 results by India-based multinational information technology company Infosys; Suneet Muru, Analyst at Thematic Intelligence Team at GlobalData , a leading data and analytics company, offers his view: “Infosys must continue to grow its deal pipeline and reinforce its dominance in key IT services themes like cloud, robotic process automation (RPA), […]
Mobile service revenue in Japan to increase at 5.1% CAGR over 2021-2026, forecasts GlobalData
The overall mobile services revenue in Japan is poised to register a compound annual growth rate (CAGR) of 5.1% from $72.7 billion in 2021 to $93 billion in 2026, supported by growth in smartphone subscriptions and mobile data service revenues, according to GlobalData, a leading data and analytics company. GlobalData’s Japan Mobile Broadband Forecast Model […]
Eastern Europe construction outlook increasingly gloomy for 2023 amid mounting headwinds, says GlobalData
Construction output in Eastern Europe is forecast to contract by 2.5% in 2022, before declining by a further 2.7% in 2023. The decline in activity is due to the heightening risk of recession and tightening monetary policy across the region, coupled with low investor confidence and high construction costs stemming from the Russia-Ukraine conflict, reveals […]
TSMC results irrelevant, as US ban on chip technology exports to China will define semiconductor sector in 2023, says GlobalData
Following the news that TSMC reported strong Q3 2022 results; Josep Bori, Thematic Research Director at GlobalData, offers his view: “TSMC’s strong Q3 2022 results could earn it the ‘last man standing’ moniker given the current sector backdrop. From the Intel and Nvidia profit warnings to more recent negative outlooks from Samsung, AMD, Kioxia, and […]
China discussions by technology companies up by 38% in 2022 with 8% decline in sentiment, finds GlobalData
Technology companies are increasingly discussing about China in 2022 (as on 09 October) with mentions increasing by 38% year-on-year (YoY). However, the sentiment declined by 8% over 2021, reveals the Company Filing Analytics platform of GlobalData, a leading data analytics company. Ekta Chourasia, Business Fundamentals Analyst at GlobalData, comments: “COVID-19 induced lockdowns, especially in China […]
Quest Pro is Meta’s experimental attempt to go beyond virtual reality gaming, says GlobalData
Following the news that Meta has unveiled a new Quest Pro virtual reality (VR) headset; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “VR headsets are bulky and clunky. But Meta Quest Pro is innovative, with its battery on a back mount, reducing the bulkiness of the headset […]
Universal COVID-19 vaccine can be game-changer for developing countries like India, says GlobalData
Since the onset of the COVID-19 pandemic, multiple new variants with enhanced transmissibility and increased virulence have emerged, causing repeated surges in case numbers and hospitalizations. Against this backdrop, a universal COVID-19 vaccine could be a game-changer, especially in highly populated developing countries like India, says GlobalData, a leading data and analytics company. The Coalition […]