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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 […]
Japan multi-play service revenue to increase at 4% CAGR over 2022-2027, forecasts GlobalData
The total multi-play service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 4% from $29.5 billion in 2022 to $36 billion in 2027, driven by the rising demand for blended services and growing number of multi-play households in the country, according to GlobalData, a leading data and analytics […]
Global cloud communications revenue to grow at 18.3% CAGR over 2022-2027, forecasts GlobalData
Cloud communications is expected to witness a substantial growth over the next five years, as businesses are switching from legacy PBX solutions to cloud communications and opting for a pay-as-you-go model to optimize expenses and avoiding upfront investments. Against this backdrop, the cloud communications market size is anticipated to grow at a compound annual growth […]
With integrated GenAI, Pixel Watch 2 will strengthen Google position in congested smartwatch market, says GlobalData
Following the announcement of its next generation smartwatch the Pixel Watch 2 by Google at the Made by Google event; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Google’s newly announced Pixel Watch 2 offers much needed improvements over the company’s first-generation smartwatch by way of improved health […]
Google scores over Samsung with Pixel 8 Pro, says GlobalData
Following the news that Google has unveiled its Pixel 8 series of smartphones; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Google will offer seven years of security and OS updates on its new Pixel 8 series of smartphones. This is longer than what Android rival Samsung […]
European challenger altnets continue to intensify competition against incumbent telcos, finds GlobalData
In a fragmented and dynamic European enterprise telecoms market, alternative service providers, known as “altnets,” continue to grow even as competition intensifies, reveals GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst for Enterprise Technology and Services at GlobalData, says: “In turbulent times like these, where former national telcos are largely focused on […]
Meta Quest 3 brings affordability to XR headsets, says GlobalData
Following the news that Meta has unveiled a new Quest 3 mixed reality (XR) headset; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Quest 3 scores over Apple’s Vision Pro with the absence of tethering. There is no battery pack that needs to be attached nor a wire […]
Gulf state investment in European telcos shows no slow down, finds GlobalData
Global mergers & acquisitions (M&A) activity in the technology, media, and telecom (TMT) segment has been increasing since 2018, with trends reversing in 2022. Total global M&A deal value dropped 39% in 2022 to $754 billion, compared to $1.1 trillion in the previous year. Deal volume reached 612 deals in 2022, down 39% from 2021. […]
Cisco acquisition of Splunk comes with significant challenges, says GlobalData
Cisco‘s strategic acquisition of cybersecurity company Splunk not only propels the company deeper into AI-enabled data-driven security and observability but also injects an impressive $4 billion into its annualized recurring revenues. However, the challenge ahead lies in the seamless integration of these two entities to unlock their full potential, according to GlobalData, a leading data […]
JioAirFiber to revolutionize connectivity with 5G FWA service, says GlobalData
Following the launch of its 5G Fixed Wireless Access (FWA) service, Jio AirFiber, by Reliance Jio, a leading telecom service provider in India; Pradeepthi Kantipudi, Telecom Analyst at GlobalData, a leading data and analytics company, offers her view: “The innovative service is now available in eight Indian cities, offering high-speed connectivity of up to 1 […]