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Following the news that Apple has unveiled a new Vision Pro mixed reality headset at WWDC 2023; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Apple’s much-awaited Vision Pro headset is a beta device to see if it can emerge from its iPhone dependence. The Vision Pro […]
Garmin solidifies rugged smartwatch dominance with enhanced fitness tracking life in Fēnix 7 Pro and Epix 2 Pro Series, says GlobalData
Following the news that Garmin has launched the Fēnix 7 Pro and the Epix Pro (Gen 2) Series smartwatches in the US; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Garmin’s new premium smartwatches build upon what the older generations offer by upping the fitness and health tracking […]
Future Content Delivery Networks segment poised to create opportunities for existing telco providers, says GlobalData
The Content Delivery Networks (CDN) segment is poised for growth and is expected to create a number of opportunities for existing telco connectivity providers, driven by continued innovation in products and services, according to an analysis conducted by GlobalData, a leading data and analytics company. Rajesh Muru, Principal Analyst at GlobalData, comments: “The CDN market […]
5G only positive trend in an otherwise stagnant Hong Kong mobile services market, says GlobalData
The mobile services market in Hong Kong faces stagnation, with limited overall revenue growth projected despite the anticipated surge in 5G service adoption. While 5G represents a positive trend, the industry is expected to witness only marginal expansion, reaching $2.8 billion in 2027 from $2.7 billion in 2022, forecasts GlobalData, a leading data and analytics […]
Fixed communication services revenue to grow at 2.1% CAGR during 2022-2027 in Hong Kong, forecasts GlobalData
The fixed communication services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 2.1% from $3 billion in 2022 to $3.3 billion in 2027, supported by the fixed broadband service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Fixed Communications Forecast (Q1 2023) reveals […]
Mobile service revenue to increase at 3% CAGR over 2022-2027 in South Korea, forecasts GlobalData
The total mobile services revenue in South Korea is poised to increase from $20.1 billion in 2022 to $23.2 billion in 2027, at a compound annual growth rate (CAGR) of 3%, mainly driven by the robust growth in M2M/IoT subscriptions and mobile data services segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s South […]
US SVoD revenues to increase at 6.3% CAGR during 2022-2027, nearly equaling pay TV revenues, forecasts GlobalData
Annual revenues of US subscription video on demand (SVoD) services will nearly equal those of traditional pay TV in 2027, marking a critical tipping point in the ongoing decline of cable TV, IPTV, and satellite TV services as over-the-top video streaming rises to dominate the media landscape. Revenues from SVoD services such as Netflix, Amazon […]
Fear of AI and GenAI behind EU’s record $1.3 billion Meta fine, says GlobalData
The European Union (EU) recently handed Meta, the owner of the Facebook social media platform, the largest data privacy fine on record, a EUR 1.2 billion ($1.29 billion) penalty for failing to properly safeguard European Facebook users’ data stored and processed in US data centers. The EU penalty is driven by concerns over artificial intelligence […]
IPTV services to partially offset steady losses in cable and DTH service segments in South Korea pay-TV market, forecasts GlobalData
Pay-TV service revenue in South Korea is set to grow, albeit marginally, at a compound annual growth rate (CAGR) of 0.2% from $5.55 billion in 2022 to $5.6 billion in 2027, primarily supported by the increasing internet protocol television (IPTV) subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s South Korea Pay-TV Forecast […]
Startups pose threat to big tech as race to monetize generative AI gathers momentum, says GlobalData
The race to commercialize and monetize generative AI is stirring intense competition within the industry, with a looming question mark over whether hyperscale cloud providers or nimble startups will emerge victorious. Small-scale contenders possess an advantage, harnessing their ability to construct highly customizable Gen AI models. This prospect presents a potential threat to big tech […]
Fixed broadband to drive Indonesia fixed communications service revenue at 7.6% CAGR through 2027, forecasts GlobalData
The Indonesia’s fixed communications services market revenue is set to increase at a compound annual growth rate (CAGR) of 7.6% from $1.2 billion in 2022 to $1.7 billion by 2027, mainly driven by the strong growth in fixed broadband service adoption, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Fixed Communication Forecast […]
Multiplay service revenue in India to grow at 4.9% CAGR over 2022-2027, forecasts GlobalData
Multiplay service revenue in India is expected to grow at a compound annual growth rate (CAGR) of 4.9% between 2022 and 2027 in line with the rising adoption of multiplay service bundles among households on the back of improving fixed network infrastructure in the country, according to GlobalData, a leading data and analytics company. GlobalData’s […]
Amazon latest Echo devices to propel Alexa adoption, transformative AI experiences, says GlobalData
Following the news that Amazon has introduced a new line-up of Echo products—the all-new Echo Pop, Echo Show 5 and Echo Show 5 Kids, and all-new Echo Buds; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Amazon’s product line-up of Echo, Kindle, Ring, Fire, Blink, and Key devices […]
GlobalData offers key insights for enterprises to overcome challenges for implementation of generative AI
Implementing generative AI comes with a multitude of challenges for enterprises. They include identifying suitable use cases, vendor selection, and addressing ethical considerations. The concerns regarding privacy, content generation, copyright infringement, and data leakage add to the complexity. As a result, enterprises need multidisciplinary AI and Ethics teams to navigate these challenges and ensure responsible […]
Telecoms Scope 3 emissions reporting and management to become automated and proactive, says GlobalData
As environmental concerns grow, companies are under increasing pressure to report and reduce their greenhouse gas emissions. In particular, telecoms service providers face the challenge of measuring and reporting Scope 3 emissions, which account for the majority of their greenhouse gas (GHG) emissions. Against this backdrop, Scope 3 GHG reporting along supply chains can be […]
Mobile service revenue in India to increase at 2.9% CAGR over 2022-2027, forecasts GlobalData
The total mobile services revenue in India is poised to increase at a compounded annual growth rate (CAGR) of 2.9% from $26.3 billion in 2022 to $30.3 billion in 2027, driven by the robust growth in mobile data services segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s India Mobile Broadband Forecast (Q1 2023) […]
Telecom service revenue in Vietnam to increase at 4.4% CAGR during 2022–2027, forecasts GlobalData
The total telecom services revenue in Vietnam is expected to increase at a compound annual growth rate (CAGR) of 4.4% during 2022-2027, led by the growth in mobile data and fixed broadband segments, according to GlobalData, a leading data and analytics company. GlobalData’s Vietnam Telecom Operators Country Intelligence Report reveals that the mobile voice service […]
Telecom and pay-TV services revenue in Japan to surpass $130 billion in 2027, forecasts GlobalData
The total telecom and pay-TV services revenue in Japan is expected to grow at a compound annual growth rate (CAGR) of 4.7% over the forecast period 2022-2027, mainly supported by the mobile data and fixed broadband service segments, according to GlobalData, a leading data and analytics company. GlobalData’s Japan Telecom Operators Country Intelligence Report states […]
Generative AI tools like ChatGPT turning into potential game changers for telecom industry, says GlobalData
The immense popularity gained by ChatGPT since its launch in November 2022 has brought generative AI tools under the spotlight, prompting many companies cutting across industries to aggressively explore their capabilities and use cases. Telcos are no exception to this trend and are quickly warming up to their benefits, says GlobalData, a leading data and […]
US spectrum pipeline in disarray due to bureaucratic setbacks and missteps, says GlobalData
The US efforts to allocate broadband spectrum have hit a snag due to recent bureaucratic obstacles and missteps. Unfortunately, the Senate’s inability to extend the Federal Communication Commission’s (FCC) spectrum auction authority has created uncertainty about the timeline for developing a comprehensive roadmap for the country’s spectrum future. As a result, the current state of […]