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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 […]
New generative AI capabilities are a win for RingCentral, says GlobalData
RingCX contact center and RingCentral Events are the new generative AI capabilities added by RingCentral to increase productivity, making contact center agents and event planners (respectively) even more valuable to their organizations. The new capabilities place RingCentral in an enviable spot, according to research conducted by GlobalData, a leading data and analytics company. Gregg Willsky, […]
Meta and MediaTek chipset collaboration will move augmented reality industry forward, says GlobalData
Following the news that MediaTek and Meta Reality Labs have announced an exclusive partnership to develop custom chips for augmented reality (AR) glasses; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, comments: “Meta and MediaTek’s partnership on co-developing augmented reality (AR) chipsets is a shot in the arm for the AR […]
Apple embraces RCS amid EU regulatory pressure, observes GlobalData
Following Apple’s decision to adopt rich communication services (RCS) in place of SMS and MMS messaging; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “No longer will Tim Cook’s words to ‘buy your mom an iPhone’ echo in the dreams of interoperability purists. To be clear, iMessage will […]
Cisco’s WebexOne 2023: AI-driven hybrid work takes center stage, observes GlobalData
Artificial intelligence (AI) was king at the recently held Cisco’s WebexOne 2023, a unique in-person and virtual hybrid event. The announcements were widespread, touching software and devices; collaboration, contact center, and CPaaS; and audio and video. Amidst the resurgence of feature competition in hybrid work platforms, Cisco stands out by integrating AI innovations seamlessly across […]
GlobalData foresees escalating telco struggles in SMB market amid volatile economic landscape
With telecoms service providers looking for growth in enterprise revenues from the small and medium-sized business (SMB) market, the combination of intense competition, the long-term impact of the 2007/08 financial crisis, and the Ukraine war are set to squeeze market opportunities in the immediate future, says GlobalData, a leading data and analytics company. Until recently, […]
New Zealand fixed communication service revenue to grow at 1.6% CAGR over 2023-2028, forecasts GlobalData
The total fixed communication services revenue in New Zealand is expected to increase at a compound annual growth rate (CAGR) of 1.6% from $1.4 billion in 2023 to $1.5 billion in 2028, supported by the growth in the fixed broadband segment, forecasts GlobalData, a leading data and analytics company. An analysis of GlobalData’s New Zealand […]
Taiwan mobile communications market to grow at 5.3% CAGR over 2023-2028, forecasts GlobalData
Taiwan’s mobile service revenues are poised to grow at a compound annual growth rate (CAGR) of 5.3% from $6.2 billion in 2023 to $8.0 billion in 2028, driven mainly by the rising adoption of mobile data services, forecasts GlobalData, a leading data and analytics company. Global Data’s Taiwan Mobile Broadband Forecast (Q3 2023) reveals that […]
Telecom and pay-TV services revenue in Philippines to increase at 2.7% CAGR over 2022-2027, forecasts GlobalData
The total telecom and pay-TV services revenue in the Philippines is expected to increase at a compound annual growth rate (CAGR) of 2.7%, from $42.3 billion in 2022 to $44.9 billion in 2027, primarily driven by mobile data and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Philippines Telecom Operators Country […]
Fixed broadband service revenue in Taiwan to grow at 1.9% CAGR over 2023-2028, forecasts GlobalData
Taiwan’s fixed broadband service revenue is poised to increase at a compound annual growth rate (CAGR) of 1.9% from $1.1 billion in 2023 to $1.2 billion in 2028, mainly supported by the steady growth in fiber-optic and cable broadband subscriptions, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest Taiwan Fixed Communications Forecast (Q3 […]
Telecom and pay-TV services revenue in India to grow at 3.1% CAGR over 2022-2027, forecasts GlobalData
The total telecom and pay-TV services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 3.1% from $42.3 billion in 2022 to $44.9 billion in 2027, primarily driven by mobile data and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence […]
Fixed communication services revenue in Japan to grow at 1.3% CAGR over 2023-2028, forecasts GlobalData
Japan’s fixed service revenue is poised to increase at a compound annual growth rate (CAGR) of 1.3% from $29 billion in 2023 to $31 billion in 2028, mainly supported by the fixed broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Japan Fixed Communications Forecast (Q3-2023) reveals that fixed voice service revenue will […]