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GlobalData
GlobalData

Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

China will dominate APAC cloud computing market revenue over next five years, forecasts GlobalData

China will continue to dominate the Asia-Pacific (APAC) cloud computing market during the period 2019-2024 with one-third revenue market share, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, the cloud computing market revenue in China is estimated to grow at a compound annual growth rate (CAGR) of 7.2% […]
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Japan’s designated start-up city hubs will drive innovation and create employment opportunities, says GlobalData

Japan, once a global technology leader, is losing race to its peers in producing tech unicorns due to lack of conducive start-up ecosystem. Realizing it, in July 2020, the country announced plans to establish four start-up ecosystem base cities in and around Tokyo (Tokyo Consortium), Aichi (Central Japan Start-up Ecosystem Consortium), Kansai (Osaka/Kyoto/Hyogo Kobe Consortium) […]
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South Korea supports defense import substitution to tackle financial ramifications of COVID-19, says GlobalData

Following the news that South Korea has signed a memorandum of understanding (MoU) to boost defense import substitution; Madeline Wild, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Throughout the COVID-19 pandemic South Korea has remained committed to using the defense industry to stimulate the […]
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FinTechs to provide significant boost to cloud computing revenue in Asia-Pacific, says GlobalData

Enterprises in the banking, financial services and insurance (BFSI) sector are increasingly adopting cloud-based solutions to minimize risk, maximize output and offer innovative service delivery methodologies to customers. As a result, the cloud computing market in Asia-Pacific is estimated to grow at a compound annual growth rate (CAGR) of 7.7% to reach US$191.8bn in 2024, […]
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TikTok deal may not be lucrative enough for any potential US buyer, says GlobalData

Following the news that China-based multinational Internet technology company ByteDance dropped the sale of video-sharing app TikTok’s US operations to Microsoft and selected Oracle as technology partner to avoid a possible US ban; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “ByteDance, which is valued at about US$100bn […]
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Application management revenue in Asia-Pacific to reach US$21.5bn in 2024, says GlobalData

An increasing number of enterprises are adopting innovative strategies such as digital sales, marketing and services tools to have a differential competitive advantage. These efforts are expected to result in the increased demand for services related to enterprise applications. Against this backdrop, application management revenue across Asia-Pacific (APAC) is estimated to reach US$21.5bn in 2024, […]
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Operational efficiency and cost reduction key to robotic process automation adoption by enterprises across APAC, says GlobalData

Enterprises globally are striving to identify and adopt processes to accelerate operational productivity, reduce operating expenses and enhance efficiency with an end-objective of becoming human-independent. Performing repetitive tasks with minimal human interference and high efficacy rates will be the prime factors for the adoption of robotic process automation (RPA) amongst enterprises across the Asia-Pacific (APAC) […]
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