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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Switch to OTT platforms to negatively affect pay-TV service revenues in Hong Kong in 2020, says GlobalData

Shift in viewership from traditional pay-TV services to OTT-based video streaming platforms seen during the COVID-19 led lockdown period will negatively impact pay-TV service revenues in Hong Kong during 2020, according to GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Telecom Operators Country Intelligence Report reveals that the total pay-TV services revenue in […]
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M2M/IoT and mobile Internet to drive highly saturated mobile market growth in Hong Kong, forecasts GlobalData

The highly saturated mobile services market in Hong Kong will see a further rise in mobile subscription penetration from 243.2% in 2020 to 267.1% by 2025-end, led by growing penetration of machine-to-machine (M2M)/Internet of things (IoT) services and rising mobile Internet subscriptions on the back of 5G network expansion, according to GlobalData, a leading data and […]
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Maruti Suzuki entry boosts vehicle subscription business model in India, says GlobalData

Following the news that Maruti Suzuki launched vehicle subscription service ‘Maruti Suzuki Subscribe’ for individuals in Delhi-NCR and Bengaluru; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The move, which comes after running pilots across multiple cities, is an extremely positive development for the growth of […]
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Growing security risks to drive APAC managed security services revenue to US$17bn in 2024, forecasts GlobalData

Growing security risks and incidents of ransomware have been forcing enterprises across the Asia-Pacific (APAC) region to search for trusted and competent security services providers. Against this backdrop, managed security services (MSS) revenue in the region is estimated to reach US$17bn in 2024, according to GlobalData, a leading data and analytics company. Rohit Sharma, Senior […]
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Bankruptcy emerged as top theme among influencer conversations on department store in Twitter, reveals GlobalData

The COVID-19 induced economic crisis has hit a wide range of sectors, including retail, with social distancing measures and shift in consumer behavior to go online led to the closure of several department stores. Against this backdrop, ‘bankruptcy’ emerged as the top theme among influencer conversations related to ‘department store’ in Twitter during March-August 2020, […]
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Card payments continue to rise in Malaysia amid COVID-19, reveals GlobalData

Malaysia has traditionally been a cash-dominant society. However, the COVID-19 pandemic has accelerated Malaysia’s push towards electronic payments, with card payments at point of sale (POS) terminals continuing to rise, according to GlobalData, a leading data and analytics company. According to GlobalData estimates, card payments in Malaysia will grow by 4.3% to reach MYR214.4bn (US$52.4bn) […]
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India’s pay-TV market to grow at sluggish 0.7% CAGR over 2020-2025 due to user substitution to OTT platforms, forecasts GlobalData

The total pay-TV services revenue in India is expected to grow at a lethargic compound annual growth rate (CAGR) of 0.7% from US$3.19bn in 2020 to US$3.30bn in 2025 due to growing user substitution to OTT platforms, according to GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence Report reveals that […]
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TachoSil acquisition gives Corza Health significant foothold in tissue sealants market, says GlobalData

Takeda Pharmaceutical has recently agreed to sell TachoSil Fibrin Sealant Patch to California-based Corza Health for EUR350m (US$413m). The acquisition will provide Corza Health a significant foothold in the growing tissue sealants market, says GlobalData, a leading data and analytics company. TachoSil divestiture is in line with Takeda’s goal of exiting non-core businesses, lowering debt […]
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Ad-boycott campaigns, policies emerged as top trends on Twitter in GlobalData Facebook Influencer Platform during June-August 2020

Social media giant Facebook is rolling out new policies in the wake of rising controversies around political ads, hate speech and weaponized information on its platform. Against this backdrop, Campaigns (Advertising-boycott campaigns) and Policies emerged as the most discussed trends on Twitter during June-August 2020, finds GlobalData, a leading data and analytics company. An analysis […]
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India’s mobile subscription penetration to cross 100% in 2023 driven by growing smartphone adoption, forecasts GlobalData

Mobile subscription penetration in India is set to cross 100% mark in 2023 from 88.3% in 2020, driven by growing smartphone adoption and increasing coverage of 4G- long-term evolution (LTE) services across remote areas, according to GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence Report reveals that the impact of […]
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