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Since the shift to new application architectures, operations teams have struggled to merge the app modernization movement with traditional infrastructure, including network and security. Enterprises are demanding more effective and lightweight methods of extracting observability data on applications. Against this backdrop, eBPF’s major role in easing that process will revolutionize observability in 2024, says GlobalData, […]
Tech-enabled ESG the global benchmark, says GlobalData
In the sphere of corporate responsibility, technology becomes the global benchmark for addressing environmental, social, and governance (ESG) challenges. Leading tech companies, responsible for 2-3% of global emissions, are actively addressing climate concerns. Through innovative solutions and heightened efficiency, they not only reduce their environmental impact but also empower customers, emphasizing the pivotal role of […]
2024 will be the year of GenAI killer app, most likely healthcare related, says GlobalData
The ChatGPT phenomenon is entering its second phase: a shift from a large language model (LLM) focus to the application layer. As a result, 2024 will be the year of the GenAI killer app, and it is most likely to be healthcare related, says GlobalData, a leading data and analytics company. Charlotte Dunlap, Research Director, […]
Galaxy S24 Series is Samsung’s AI moment, says GlobalData
Following the news that South Korean technology major Samsung has launched premium Galaxy S24 series smartphones during the Galaxy Unpacked event at SAP Center Arena, in San Jose, US; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, comments: “Samsung is one of the foremost smartphone companies in the world, and […]
Generative AI will go mainstream in 2024 driven by adoption of specialized custom models and multimodal tool experimentation, says GlobalData
Generative AI was a groundbreaking development last year, with the emergence of popular chatbots such as OpenAI’s ChatGPT and Google’s Bard taking the technology world by storm. However, using the large language models (LLMs) powering these chatbots has several disadvantages, hindering the adoption of the technology. For this reason, LLMs will be gradually replaced by […]
2024 will be an intriguing year for cloud-based collaboration, says GlobalData
While generative artificial intelligence (GenAI) significantly influenced cloud-based collaboration in 2023, it was not the sole factor defining the field. As 2024 approaches, the excitement continues. The year is set to be marked by AI’s sustained influence, the transformation of contact center environments, and an intensified emphasis on customer experience. In an era of hybrid […]
Juniper Networks acquisition will bolster Hewlett Packard Enterprise AI and security offerings, says GlobalData
As global tech companies obsess about artificial intelligence (AI), Hewlett Packard Enterprise’s (HPE) proposed acquisition of Juniper Networks for $14 billion will give HPE a respected AI platform for infrastructure, more security capabilities and a stronger stake in the telecom equipment market, says GlobalData, a leading data and analytics company. Steven Schuchart, Principal Analyst, Enterprise […]
Enterprises must navigate through challenges to ensure responsible and ethical deployment of AI solutions, says GlobalData
Generative AI has raised new challenges related to ‘Responsible AI’, catapulting concerns into the headlines and forcing enterprises to revisit their AI policies at a time when they investigate new potential applications. Enterprises need to ensure that AI solutions are implemented in a responsible and ethical way, says GlobalData, a leading data and analytics company. […]
Threat actors tap social engineering and AI to drive more cyber attacks in 2024, says GlobalData
A major trend in cybersecurity is the speed and adeptness with which hackers adapt their techniques to take advantage of technological advances. Attacks leveraging social engineering have become more frequent and more expensive in 2023. The profitability and the ease with which social engineering-related cyber attacks are launched will drive an even higher volume of […]
Telecom and pay-TV services revenue in South Korea to increase at 10.3% CAGR over 2023-28, forecasts GlobalData
The telecom and pay-TV services revenue in South Korea is forecast to increase at a compounded annual growth rate (CAGR) of 10.3% during 2023-2028, supported by strong growth in the mobile data segment, according to GlobalData, a leading data and analytics company. GlobalData’s South Korea Telecom Operators Country Intelligence Report reveals that the mobile data […]
Telecom service revenue in Singapore will decline between 2023 and 2028, forecasts GlobalData
The total telecom and pay-TV services revenue in Singapore is forecast to decline at a compounded annual growth rate (CAGR) of 0.2% over the period 2023-2028, despite a rise in subscriptions in mobile data and fixed broadband segments, according to GlobalData, a leading data and analytics company. GlobalData’s Singapore Telecom Operators Country Intelligence Report reveals […]
Fixed communication service revenue to grow at 3.1% CAGR in Saudi Arabia over 2023-2028, forecasts GlobalData
The total fixed communication services revenue in Saudi Arabia is forecast to increase at a compounded annual growth rate (CAGR) of 3.1% from $2.4 billion in 2023 to $2.8 billion in 2028, primarily driven by the strong growth in the fixed broadband segment, according to GlobalData, a leading data and analytics company. GlobalData’s latest Saudi […]
Saudi Arabia mobile services revenue to grow at 6.3% CAGR over 2023-2028, forecasts GlobalData
The total mobile services revenue in the Saudi Arabia is set to increase at a compound annual growth rate (CAGR) of 6.3% from $12.7 billion in 2023 to $17.3 billion in 2028, mainly due to the rising adoption of mobile data services, forecasts GlobalData, a leading data and analytics company. According to Global Data’s Saudi […]
COP 28 sees tech companies driving progress in global climate action, says GlobalData
COP 28, the 28th annual United Nations (UN) climate meeting that took place in Dubai, has delivered some progress towards addressing the climate crisis. Technology companies collaborated with the UN, reinforcing their commitment to sustainability goals. Initiatives like the AI Innovation Grand Challenge demonstrate the tech sector’s pivotal role. Partnerships, such as the UN-Microsoft collaboration […]
Telcos targeting MNCs and large corporates neglect social and governance reporting at their peril, says GlobalData
For global telecoms service providers focusing on multinational corporations (MNCs) and large enterprises, the oversight of social and governance (S&G) reporting poses significant risks. Neglecting these crucial aspects may jeopardize their standing in an increasingly ESG-focused business landscape. Recognizing the impact of S&G factors is imperative for telcos navigating the complexities of corporate partnerships and […]
US fixed-mobile convergence service revenue to increase nearly 3% CAGR over 2023-2028, forecasts GlobalData
Sizeable subscriber adoption of cellular services offered by cable operators alongside escalating high-speed wireless and fiber-optic broadband coverage by telcos is boosting the US fixed-mobile convergence (FMC) revenue, which will see a compound annual growth rate (CAGR) of approximately 2.97%, from $50.8 billion in 2023 to $58.8 billion in 2028, according to GlobalData, a leading […]
Global private wireless network market revenue to grow at 23.3% CAGR over 2022-2027, forecasts GlobalData
The global private wireless network market is on the cusp of substantial growth, driven by the escalating demand for reliable and secure wireless connectivity across various industries. Against this backdrop, the market is set to grow at a compound annual growth rate (CAGR) of 23.3% from $2.8 billion in 2022 to $7.9 billion in 2027, […]
eSIM adoption drives growth and market disruption in cellular IoT, says GlobalData
Accelerating adoption of embedded SIMs (eSIMs) is poised to reshape the cellular IoT landscape, driving growth and market disruption. As the virtual evolution of traditional SIM cards, eSIMs offer benefits such as cost reduction, operational efficiency, and enhanced security. As eSIM adoption gains momentum, it is set to impact various aspects of the cellular IoT […]
Mobile data to drive overall mobile services market in New Zealand over 2023-2028, forecasts GlobalData
New Zealand’s mobile service revenue is poised to increase at a compound annual growth rate (CAGR) of 1% from $1.6 billion in 2023 to $1.7 billion in 2028, mainly supported by the mobile data service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s New Zealand Mobile Broadband Forecast (Q3-2023) reveals that the mobile […]
Telecom and pay-TV services revenue in Hong Kong to increase at 1.1% CAGR over 2022-2027, forecasts GlobalData
The total telecom and pay-TV services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 1.1% from $5.8 billion in 2022 to $6.1 billion in 2027, mainly supported by the mobile data and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Telecom […]