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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 […]
Traditional US pay-TV services face continued decline due to cord-cutters and cord-nevers, says GlobalData
The US cable and satellite pay-TV services are set to face subscription declines in the coming years as their remaining viewers increasingly shift to over-the-top (OTT) streaming services. Complicating matters are the younger viewers who have never even subscribed to a traditional pay-TV service and likely never will. Those factors are leading to a dramatic […]
Japan SVoD services market revenue to reach $6 billion in 2027, forecasts GlobalData
The subscription video on demand service (SVoD) revenue in Japan is expected to increase at a compound annual growth rate (CAGR) of 10.1% from $3.5 billion in 2022 to $6 billion in 2027, driven by the strong growth in SVOD subscriptions and unique SVoD households, and a steady rise in the average monthly revenue per […]
Tech companies deliver on ESG, while COP 28 will largely be a talking shop, says GlobalData
At the Conference of the Parties (COP 28) being held in Dubai from 30 November to 12 December, some 75,000 dignitaries, climate scientists, politicians, business leaders, and the world’s press will gather to discuss about addressing the growing climate crisis affecting the planet. However, this year’s event may not match the positive momentum in the […]
5G service expansion to drive APAC mobile services market during 2023-2028, forecasts GlobalData
The total mobile communications services revenue in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 8% from $326.2 billion in 2023 to $479.1 billion in 2028, mainly driven by the mobile data segment, which is well supported by the growing availability and adoption of 5G services across […]
UK telecoms challengers play vital role in driving competition in B2B market, says GlobalData
In a UK telecoms market challengers report, the wide range of providers highlighted across the value chain (covering networks to managed services) signifies a dynamic and highly competitive market when selling to businesses, finds analysis by GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst at GlobalData, says: “It is remarkable how much […]
China approves Broadcom-VMware deal amid lingering cybersecurity concerns, says GlobalData
Even though China has approved the Broadcom acquisition of VMware, the ensuing delay has caused ripples in the cybersecurity industry, and potentially affected VMware’s standing and share value. Despite VMware’s Q2 fiscal year 2024 revenue growth, the contrast in share value trends between VMware and Broadcom is evident. The cybersecurity market, projected to reach over […]
Sam Altman’s removal as OpenAI CEO will have significant implications for GenAI technologies, says GlobalData
As enterprises eagerly integrate generative AI (GenAI) into their operations, the market, poised to grow from $1.8 billion in 2022 to a staggering $33 billion by 2027, faces unexpected challenges. The departure of Sam Altman as CEO of OpenAI could have profound ramifications on the evolving landscape of generative artificial intelligence (AI), says GlobalData, a […]
Microsoft’s GenAI capabilities continue to impress, says GlobalData
Occupying center stage at Ignite 2023 was Microsoft Copilot, the company’s virtual assistant and umbrella brand for its AI capabilities. At the event, Microsoft introduced hybrid work capabilities infused with GenAI that touch multiple Microsoft 365 apps, offer diverse functionality, and are well positioned, according to research conducted by GlobalData, a leading data and analytics […]