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GlobalData
GlobalData

Technology

Telecom service revenue in Vietnam to increase at 4.7% CAGR between 2023 and 2028, forecasts GlobalData

The total telecom services revenue in Vietnam is expected to increase at a compound annual growth rate (CAGR) of 4.7% during 2023-2028, led by growth in mobile data and fixed broadband segments, according to leading data and analytics company GlobalData. GlobalData’s Vietnam Telecom Operators Country Intelligence Report reveals that the  mobile voice service revenue will […]
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Comcast takes a big, timely swing at holistic prepaid connectivity with NOW brand launch, says GlobalData

Following the news that Comcast is launching a portfolio of low-cost prepaid internet, mobile, and pay-TV services under the “NOW” brand umbrella in the US; Charles Garrett, Principal Global Telecom Consumer Services Analyst at GlobalData, a leading data and analytics company, offers his view: “With the fixed wireless access (FWA) challengers sucking up much of […]
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Global telcos lead the way in digital inclusion, finds GlobalData

Initiatives sponsored by global telcos set the standard for digital inclusion by promoting digital skills development, accessibility, and affordability for the disadvantaged in both underdeveloped and developed nations, says GlobalData, a leading data and analysis company. Digital inclusion involves facilitating access to information and resources via devices and connectivity suitable for the 21st Century. It […]
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Positive momentum for Google Workspace continues, finds GlobalData

The recent Google Cloud Next ‘24 event showcased an array of enhancements to Google Workspace, including innovative AI-powered features like Vertex AI and Google Vids. These additions aim to bolster team collaboration and productivity. Despite the competition’s strides in AI integration, Google’s introduction of “Gemini for Google Workspace” sets it apart, says GlobalData, a leading […]
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Apple bends to Right to Repair movement, says GlobalData

Following the news on 11 April 2024 that Apple will support repairs with used Apple parts that will not compromise users’ safety, security or privacy; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Apple’s enhancement of its repair process to utilize used Apple parts is a win […]
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Augmented reality will help sports companies engage with fans and intensify media competition, says GlobalData

The global sports industry faces various challenges, including maintaining fan engagement and intensifying media competition for sports broadcasting rights. Augmented reality (AR) can help sports companies tackle these challenges by creating more engaging and insightful viewing experiences, and the overall AR market is forecast to grow at a compound annual growth rate (CAGR) of 21% […]
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Telcos globally innovating to win business in crucial SMB market, says GlobalData

Small and medium-sized businesses (SMBs) are at the forefront of telcos’ enterprise market focus globally as they pivot towards this lucrative market segment amidst intensifying competition and evolving economic landscapes. Recognizing SMBs as engines of economic growth, telcos are innovating their service offerings and forging strategic partnerships to capture a larger share of this dynamic […]
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Tech industry most (geo)politized industry in the world, says GlobalData

The global supply chains organized to optimize profit and speed that shaped international trade and delivered benefits to both producers and consumers for two decades under globalization have been twisted out of shape, with the global economy facing significant geopolitical disruptions. A world with slower growth and heightened geopolitical tensions is making the operating environment […]
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China multi-play service revenue poised for steady growth, led by triple-play and quad-play bundles, says GlobalData

Multi-play service revenue in China is set to increase at a compound annual growth rate (CAGR) of 1% from $172.7 billion in 2023 to $181.5 billion in 2028. With a focus on triple-play and quad-play service bundles, telecom operators leverage robust fixed network infrastructure to promote high-speed internet services, according to GlobalData, a leading data […]
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Apple cautious AI approach hints focus on user privacy and security, says GlobalData

Apple Inc is strategically advancing its position in the artificial intelligence (AI) domain, signifying a pivotal shift in the company’s approach to integrate AI into its core operations and product ecosystem. The recent innovations and acquisitions underscore the Cupertino-based tech giant’s focus on bringing AI to its offerings while prioritizing user privacy and ethical AI, […]
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TikTok is not the problem, its privacy, says GlobalData

As the US Congress deliberates actions against TikTok, a wider discourse on data privacy and sales comes to the forefront. The discussion extends beyond TikTok’s fate, encompassing broader concerns regarding data usage and its implications. With growing scrutiny over data brokerage practices and privacy, there is a pressing need for regulatory measures to safeguard consumer […]
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Blockchain industry primed for $291 billion revenue by 2030 driven by asset tokenization, says GlobalData

The blockchain industry, although volatile and nascent, has made significant progress in a short span of time, driven by remarkable innovation. Global blockchain platform and services revenue is set to grow from $12 billion in 2023 to $291 billion in 2030.  This growth trajectory reflects a more delineated and specialized expenditure pattern, with specific areas […]
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Evolving blockchain technology can transform diverse oil and gas applications, says GlobalData

Blockchain is emerging as a technology that demands attention within the oil and gas sector. It presents novel approaches to service contracts, review pricing, and support the entirety of the transaction life cycle. It thus promises potential cost reductions and enhanced process efficiencies. Moreover, the advantages of blockchain in the oil and gas industry manifest […]
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EU AI Act means global enterprises need to strengthen corporate ethical AI strategies, says GlobalData

The European Union’s groundbreaking AI Act sets a precedent in regulating artificial intelligence (AI), introducing stringent requirements for developers and deployers. With the adoption of the landmark legislation, establishing corporate ethical AI strategies becomes an urgent imperative for multinational corporations operating within the bloc., says GlobalData, a leading data and analysis company. Rena Bhattacharyya, Chief […]
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Cybersecurity emerges as resilient force amid declining TMT deal activity in 2023, finds GlobalData

Despite a decline in overall deal activity within the tech, media, and telecom (TMT) sector, cybersecurity has emerged as a resilient outlier. With escalating cyber threats globally, companies are prioritizing investments in cybersecurity capabilities, leading to a surge in related M&A deals in 2023. This steadfast growth underscores the critical importance of cybersecurity amid evolving […]
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